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Taiwan Puritic Corp (6826) Fair Value & Analysis

Technology · TW · Market cap 44.8B TWD

TP Taiwan Puritic Corp 6826 · TWO
Price493.50 TWD
Fair Value676.24 TWD
Upside+37.0%
Quality66/100
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Healthy Growth
Solidly profitable · 14.1% net margin
Low debt · generates free cash flow
2.61% dividend yield
Ranks above peers (12/14)
Wide moat 71/100
Evidence: High Range 509.35 TWD – 843.13 TWD Share as image

Fair value as of: Jul 15, 2026

From 24 valuation models · updated 26 days ago

Fair value updated Jul 15, 2026, revised from 527.89 TWD to 676.24 TWD (+28.1%) since Jul 12, 2026. Share price −7.2% over the past month.

A solid business, screening 37% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (509.35 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)

619.35 TWD 46.12 TWD Fair Value 676.24 TWD Jun 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 15, 2026.

How to read this chart

60‑month range 46.12 TWD – 619.35 TWD · fair‑value band 509.35 TWD – 843.13 TWD · the 493.50 TWD price screens below the 676.24 TWD fair value. Dashed = 300-day average. As of Jul 15, 2026.

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Analysis

Taiwan Puritic Corp (6826) currently trades at 493.50 TWD, while our model-based Fair Value estimate is 676.24 TWD, implying the stock looks roughly 37.0% 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, Taiwan Puritic Corp generated revenue of 16.5B TWD at a net margin of 14.1%. Revenue grew 1.0% year over year. It earns a return on equity of 34.9%. The balance sheet holds a net cash position of 743M TWD. Fundamentals as of Jul 15, 2026

Our scenario range runs from 509.35 TWD (bear case) to 843.13 TWD (bull case); at 493.50 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 27% below its 52-week high and 87% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -75% fair-value upside, at 37%, 6826 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 BearBaseBull Evidence
Highest evidence
Growth DCF 825.31 TWD 1,392 TWD 2,372 TWD 80
Residual Income 191.83 TWD 268.00 TWD 2,098 TWD 76
Rev-Margin DCF 554.75 TWD 836.11 TWD 1,209 TWD 74
All 24 models by family
DCF Models
FCF DCF 834.55 TWD 1,464 TWD 2,590 TWD 38
Owner Earnings 468.90 TWD 779.53 TWD 1,335 TWD 31
5Y Revenue Exit 554.75 TWD 838.30 TWD 1,217 TWD 39
5Y EBITDA Exit 587.93 TWD 908.12 TWD 1,306 TWD 41
5Y P/E Exit 627.18 TWD 990.75 TWD 1,408 TWD 38
10Y Revenue Exit 630.76 TWD 935.65 TWD 1,395 TWD 36
10Y EBITDA Exit 664.01 TWD 987.43 TWD 1,471 TWD 37
10Y P/E Exit 690.26 TWD 1,049 TWD 1,558 TWD 35
Earnings-Based
Graham-Dodd 185.86 TWD 924.70 TWD 1,276 TWD 54
Lynch FV 249.69 TWD 356.69 TWD 463.70 TWD 50
PEG = 1.0 249.69 TWD 356.69 TWD 463.70 TWD 46
EPV 400.35 TWD 448.33 TWD 490.31 TWD 59
Multiples
P/E Multiple 450.99 TWD 601.32 TWD 751.65 TWD 63
P/S Multiple 348.49 TWD 464.66 TWD 580.82 TWD 58
P/B Multiple 296.13 TWD 394.84 TWD 493.55 TWD 55
EV/EBIT 553.63 TWD 700.68 TWD 847.74 TWD 53
EV/EBITDA 501.87 TWD 631.67 TWD 761.47 TWD 54
EV/Revenue 427.33 TWD 562.28 TWD 697.22 TWD 43
Asset-Based
NCAV (Graham) 43.87 TWD 58.79 TWD 87.74 TWD 50
Growth DCF
Growth DCF 825.31 TWD 1,392 TWD 2,372 TWD 80
Rev-Margin DCF 554.75 TWD 836.11 TWD 1,209 TWD 74
Economic Profit
Residual Income 191.83 TWD 268.00 TWD 2,098 TWD 76
ROIC Compounder 400.35 TWD 448.33 TWD 490.31 TWD 72
Growth Earnings
Growth-Adj P/E 392.09 TWD 560.13 TWD 728.17 TWD 68

Widest divergence: DCF Models (935.65 TWD) versus Asset-Based (58.79 TWD). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 16.5B TWD
Revenue growth (YoY) +1.0%
Net margin 14.1%
Return on equity 34.9%
Free cash flow 4.7B TWD FY2025
P/E ratio 19.4
More key figures
Operating margin 17.6%
EPS (TTM) 26.99 TWD
Dividend yield 2.6%
EPS growth (YoY) +45.6%
Net cash 743M TWD FY2023

Figures from reported company fundamentals · as of Jul 15, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 66/100

Of which business quality 69 · Market factors (momentum, volatility) 60

Profitability 67
Margins and returns on capital today
Quality Growth 54
Are margins and returns improving?
Cashflow 100
Earnings quality: real cash, not paper profit
Fin. Strength 89
Balance sheet, leverage, solvency risk
Investment 39
Disciplined investing over empire-building
Low Volatility 52
Calm price path (market factor)
Momentum 57
Price trend over the last 3–12 months (market factor)
52W Momentum 75
Distance to the 52-week high (market factor)
Net Issuance 40
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

Taiwan Puritic Corp. engages in the sale and maintenance of integrated circuit semiconductors, electronics, and computer equipment products in Taiwan.

Full company description

Taiwan Puritic Corp. engages in the sale and maintenance of integrated circuit semiconductors, electronics, and computer equipment products in Taiwan. It offers LN2 supply system, PSA type nitrogen gas generator, wet process equipment, and purifiers; gas distribution and monitoring systems, and chemical dispensing system; OEM/ODM equipment, and equipment upgrade and development; and nebulizer mesh/mesh plate; OED and ODM design development and manufacturing; and material analysis. Taiwan Puritic Corp. was incorporated in 1985 and is headquartered in Hsinchu City, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Taiwan Puritic Corp reported revenue of 16.5B TWD in FY2025 versus 7.7B TWD in FY2021, a compound +20.9%/yr. Reported net income was 2.3B TWD in FY2025, compounding +56.5%/yr from FY2021.

Growth Quality 100/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
16.5B TWD
Latest YoY
+4.0%
Avg. growth/yr (3Y)
+11.3%
Avg. growth/yr (5Y)
+23.9%
Avg. growth/yr (6Y)
+18.7%
Revenue +20.9%/yr
FY21 7.7B TWD
FY22 12.0B TWD
FY23 16.5B TWD
FY24 15.9B TWD
FY25 16.5B TWD
Net income +56.5%/yr
FY21 390M TWD
FY22 938M TWD
FY23 1.3B TWD
FY24 1.7B TWD
FY25 2.3B TWD

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Cite: Fair Value Calculator (2026). "Taiwan Puritic Corp Fair Value". https://www.fairvalue-calculator.com/stock/6826

Peer Group

Semiconductor Equipment & Materials · 211 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 +37% · Top 25%
Return on equity (TTM) 35% · Top 25%
Return on assets 10% · Top 25%
Net margin (TTM) 14% · Above median
Operating margin (TTM) 18% · Above median
Revenue growth 1% · Below median
Dividend yield (TTM) 2.6% · Top 25%
Debt / equity 0.02× · Lower than median

Valuation Multiples vs Semiconductor Equipment & Materials median · lower = cheaper

P/E (TTM) 19.4× · Cheaper than 75% of peers
P/B 5.97× · Pricier than median
P/S (TTM) 2.71× · Cheaper than median
P/FCF 0.3× · Cheaper than 75% of peers
EV/EBITDA 11.5× · Cheaper than median

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 83 · sector 0
FUTURE 5 · sector 58
PAST 100 · sector 30
HEALTH 99 · sector 96
DIVIDEND 52 · sector 16

Insider activity: 40/100

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 Semiconductor Equipment & Materials stocks, each showing price versus our Fair Value estimate (as of Jul 15, 2026).

Stock Price Fair Value vs Fair Value
ASML Holding ASML C$50.50 C$15.57 -69%
Applied Materials, Inc AMAT $579.43 $143.08 -75%
Lam Research Corporation LRCX $346.10 $67.57 -80%
KLA Corporation KLAC $212.75 $53.01 -75%
NAURA Technology Group 002371 ¥774.20 ¥151.43 -80%
Advanced Micro-Fabrication Equipment Inc 688012 ¥350.69 ¥41.79 -88%
Piotech Inc 688072 ¥832.00 ¥431.44 -48%
Hon. Precision, Inc 7769 6,005 TWD 1,804 TWD -70%
Hangzhou Changchuan Technology Co 300604 ¥325.24 ¥33.33 -90%
MPI Corporation 6223 5,600 TWD 609.44 TWD -89%

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Frequently asked questions

Is Taiwan Puritic Corp (6826) overvalued or undervalued?
As of Jul 15, 2026, our model estimates a fair value of 676.24 TWD versus a price of 493.50 TWD, about +37% (undervalued).
What is the fair value of 6826?
Our model-based fair value for Taiwan Puritic Corp is 676.24 TWD (as of Jul 15, 2026), built from audited fundamentals. The current price is 493.50 TWD.
What is the quality score of 6826?
Taiwan Puritic Corp 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 Taiwan Puritic Corp (6826)?
Taiwan Puritic Corp reported trailing-twelve-month revenue of about 16.5B TWD (latest available figure, as of Jul 15, 2026).
What is the net profit margin of 6826?
The net profit margin of Taiwan Puritic Corp is about 14.1%, meaning it keeps roughly 14.1% of revenue as net income. Based on the latest reported figures.
Does Taiwan Puritic Corp pay a dividend?
Taiwan Puritic Corp currently shows a dividend yield of about 2.51% relative to its recent price (as of Jul 15, 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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