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Solid Year Co (6737) Fair Value & Analysis

Technology · TW · Market cap 1.8B TWD

SY Solid Year Co 6737 · TWO
Price30.05 TWD
Fair Value71.16 TWD
Upside+136.8%
Quality66/100
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Weak Growth
Thin margins · 6.2% net margin
Low debt · generates free cash flow
5.33% dividend yield
Ranks above peers (13/14)
Narrow moat 41/100
Evidence: High Range 55.02 TWD – 97.60 TWD Share as image

Fair value as of: Jul 23, 2026

From 24 valuation models · updated 18 days ago

Share price +0.2% over the past month.

A solid business, screening 137% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (55.02 TWD). The market is more pessimistic than our downside scenario.
  • Solid quality (66/100) at a price below fair value, the discount is the argument here, not the business quality.
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Price vs Fair Value (5 years)

84.99 TWD 28.20 TWD Fair Value 71.16 TWD Feb 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 23, 2026.

How to read this chart

60‑month range 28.20 TWD – 84.99 TWD · fair‑value band 55.02 TWD – 97.60 TWD · the 30.05 TWD price screens below the 71.16 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 23, 2026.

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Analysis

Solid Year Co (6737) currently trades at 30.05 TWD, while our model-based Fair Value estimate is 71.16 TWD, implying the stock looks roughly 136.8% undervalued today. The Quality Score stands at 66/100 (solid quality), in the Technology sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, Solid Year Co generated revenue of 2.8B TWD at a net margin of 6.2%. Revenue declined 44.8% year over year. It earns a return on equity of 9.9%. The balance sheet holds a net cash position of 308M TWD. Fundamentals as of Jul 23, 2026

Our scenario range runs from 55.02 TWD (bear case) to 97.60 TWD (bull case); at 30.05 TWD, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 48% below its 52-week high and 6% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -67% fair-value upside, at 137%, 6737 screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Growth DCF 50.86 TWD 62.52 TWD 80.59 TWD 80
Residual Income 24.22 TWD 26.41 TWD 31.10 TWD 76
Rev-Margin DCF 41.75 TWD 54.92 TWD 71.34 TWD 74
All 24 models by family
DCF Models
FCF DCF 49.55 TWD 61.85 TWD 82.49 TWD 38
Owner Earnings 37.13 TWD 45.67 TWD 59.99 TWD 31
5Y Revenue Exit 41.75 TWD 53.85 TWD 71.38 TWD 39
5Y EBITDA Exit 53.49 TWD 74.14 TWD 101.49 TWD 41
5Y P/E Exit 56.43 TWD 79.24 TWD 106.48 TWD 38
10Y Revenue Exit 44.33 TWD 53.03 TWD 62.08 TWD 36
10Y EBITDA Exit 51.48 TWD 64.48 TWD 78.21 TWD 37
10Y P/E Exit 53.11 TWD 67.36 TWD 80.88 TWD 35
Earnings-Based
Graham-Dodd 19.95 TWD 24.38 TWD 27.43 TWD 54
EPV 21.78 TWD 23.52 TWD 24.97 TWD 59
Dividend Discount
Gordon GGM 31.08 TWD 33.50 TWD 37.11 TWD 70
DDM Multi-Stage 31.08 TWD 36.99 TWD 44.63 TWD 61
Multiples
P/E Multiple 61.61 TWD 82.14 TWD 102.68 TWD 63
P/S Multiple 37.41 TWD 49.87 TWD 62.34 TWD 58
P/B Multiple 37.41 TWD 49.87 TWD 62.34 TWD 55
EV/EBIT 66.41 TWD 85.54 TWD 104.67 TWD 53
EV/EBITDA 64.51 TWD 83.00 TWD 101.49 TWD 54
EV/Revenue 38.04 TWD 50.47 TWD 62.90 TWD 43
Asset-Based
NCAV (Graham) 14.41 TWD 19.31 TWD 28.82 TWD 50
Growth DCF
Growth DCF 50.86 TWD 62.52 TWD 80.59 TWD 80
Rev-Margin DCF 41.75 TWD 54.92 TWD 71.34 TWD 74
Economic Profit
Residual Income 24.22 TWD 26.41 TWD 31.10 TWD 76
ROIC Compounder 21.78 TWD 23.52 TWD 24.97 TWD 72
Growth Earnings
Growth-Adj P/E 43.09 TWD 61.56 TWD 80.03 TWD 68

Widest divergence: DCF Models (61.85 TWD) versus Asset-Based (19.31 TWD). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 2.8B TWD
Revenue growth (YoY) -44.8%
Net margin 6.2%
Return on equity 9.9%
Free cash flow 300M TWD FY2025
P/E ratio 10.1
More key figures
Operating margin 4.5%
EPS (TTM) 2.92 TWD
Dividend yield 5.5%
EPS growth (YoY) -84.5%
Net cash 308M TWD FY2024

Figures from reported company fundamentals · as of Jul 23, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 66/100

Of which business quality 67 · Market factors (momentum, volatility) 26

Profitability 47
Margins and returns on capital today
Quality Growth 23
Are margins and returns improving?
Cashflow 71
Earnings quality: real cash, not paper profit
Fin. Strength 88
Balance sheet, leverage, solvency risk
Investment 87
Disciplined investing over empire-building
Low Volatility 73
Calm price path (market factor)
Momentum 9
Price trend over the last 3–12 months (market factor)
52W Momentum 4
Distance to the 52-week high (market factor)
Net Issuance 85
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Solid Year Co., Ltd. manufactures and sells computer peripheral equipment and other electronic equipment. The company also engages in production of various single-shot and double-shot plastic injection finished products.

Full company description

Solid Year Co., Ltd. manufactures and sells computer peripheral equipment and other electronic equipment. The company also engages in production of various single-shot and double-shot plastic injection finished products. Its products include computer keyboards, network cameras, network camera modules, driving recorders, hunting machines, projectors, game controllers, automotive electronics, in- car multimeda, HUD, smart rearview mirrors, head-up displays, iPhones; and infant network surveillance cameras and electronic peripheral products, such as car box. Solid Year Co., Ltd. was founded in 1978 and is headquartered in New Taipei City, Taiwan.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Solid Year Co reported revenue of 2.8B TWD in FY2025 versus 5.3B TWD in FY2021, a compound −14.4%/yr. Reported net income was 176M TWD in FY2025, compounding −13.1%/yr from FY2021.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
2.8B TWD
Latest YoY
−39.6%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−13.3%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−13.6%
Avg. growth/yr (9Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−1.4%
Revenue −14.4%/yr
FY21 5.3B TWD
FY22 4.4B TWD
FY23 3.3B TWD
FY24 4.7B TWD
FY25 2.8B TWD
Net income −13.1%/yr
FY21 308M TWD
FY22 276M TWD
FY23 221M TWD
FY24 442M TWD
FY25 176M TWD

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Cite: Fair Value Calculator (2026). "Solid Year Co Fair Value". https://www.fairvalue-calculator.com/stock/6737

Peer Group

Computer Hardware · 215 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 66 · Top 25%
Fair Value upside +137% · Top 25%
Return on equity (TTM) 10% · Above median
Return on assets 3% · Above median
Net margin (TTM) 6% · Above median
Operating margin (TTM) 5% · Above median
Revenue growth -45% · Bottom 25%
Dividend yield (TTM) 5.3% · Top 25%
Debt / equity 0.04× · Lower than median

Valuation Multiples vs Computer Hardware median · lower = cheaper

P/E (TTM) 10.3× · Cheaper than 75% of peers
P/B 1.05× · Cheaper than median
P/S (TTM) 0.64× · Cheaper than median
P/FCF 0.2× · Cheaper than 75% of peers
EV/EBITDA 5.6× · Cheaper than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 100 · sector 0
FUTURE 0 · sector 57
PAST 40 · sector 26
HEALTH 98 · sector 97
DIVIDEND 100 · sector 44

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Computer Hardware stocks, each showing price versus our Fair Value estimate (as of Jul 23, 2026).

Stock Price Fair Value vs Fair Value
Compal Electronics, Inc CEIR $0.0310 $0.0276 -11%
Dell Technologies Inc DELL $434.97 $163.87 -62%
Arista Networks, Inc ANET $168.56 $43.74 -74%
Western Digital Corporation WDC $513.84 $74.05 -86%
Wiwynn Corporation 6669 4,685 TWD 1,559 TWD -67%
Hangzhou Hikvision Digital Technology Co 002415 ¥34.12 ¥30.11 -12%
Quanta Computer Inc 2382 373.50 TWD 297.22 TWD -20%
Shenzhen Longsys Electronics Co 301308 ¥587.60 ¥60.86 -90%
Lenovo Group 0992 HK$23.16 HK$3.07 -87%
Dawning Information Industry Co 603019 ¥106.13 ¥28.88 -73%

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Frequently asked questions

Is Solid Year Co (6737) overvalued or undervalued?
As of Jul 23, 2026, our model estimates a fair value of 71.16 TWD versus a price of 30.05 TWD, about +137% (undervalued).
What is the fair value of 6737?
Our model-based fair value for Solid Year Co is 71.16 TWD (as of Jul 23, 2026), built from audited fundamentals. The current price is 30.05 TWD.
What is the quality score of 6737?
Solid Year Co has a Quality Score of 66/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Solid Year Co (6737)?
Solid Year Co reported trailing-twelve-month revenue of about 2.8B TWD (latest available figure, as of Jul 23, 2026).
What is the net profit margin of 6737?
The net profit margin of Solid Year Co is about 6.2%, meaning it keeps roughly 6.2% of revenue as net income. Based on the latest reported figures.
Does Solid Year Co pay a dividend?
Solid Year Co currently shows a dividend yield of about 5.47% relative to its recent price (as of Jul 23, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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