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Ever Ohms Technology Co. Ltd. (6834) Fair Value & Analysis

Technology · TW · Market cap 8.7B TWD

EO Ever Ohms Technology Co. Ltd. 6834 · TW
Price98.00 TWD
Fair Value10.05 TWD
Upside-89.7%
Quality54/100

Structural break: The valuation model sees a lasting decline in earnings power for this stock, the confidence band is broken. Treat the target with caution.

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Expensive Growth
Thin margins · 3.6% net margin
generates free cash flow
0.42% dividend yield
Trails peers (3/13)
Narrow moat 28/100
Evidence: High Range 7.02 TWD – 13.08 TWD Share as image

Fair value as of: Aug 19, 2026

From 25 valuation models · updated today

Share price +3.6% over the past month.

A solid business, but screening 90% overvalued on our models.

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What matters now

  • The price sits above even our optimistic bull case (13.08 TWD). The favourable scenario is already priced in.
  • Solid but not exceptional quality (54/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (7.02 TWD to 13.08 TWD) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

132.00 TWD 21.08 TWD Fair Value 10.05 TWD Aug 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 19, 2026.

How to read this chart

60‑month range 21.08 TWD – 132.00 TWD · fair‑value band 7.02 TWD – 13.08 TWD · the 98.00 TWD price screens above the 10.05 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 19, 2026.

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Analysis

Ever Ohms Technology Co. Ltd. (6834) currently trades at 98.00 TWD, while our model-based Fair Value estimate is 10.05 TWD, implying the stock looks roughly 89.7% overvalued today. The Quality Score stands at 54/100 (solid quality), in the Technology sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Ever Ohms Technology Co. Ltd. generated revenue of 1.4B TWD at a net margin of 3.1%. Revenue declined 0.2% year over year. It earns a return on equity of 3.1%. Net debt stands at 183M TWD. Fundamentals as of Aug 19, 2026

Our scenario range runs from 7.02 TWD (bear case) to 13.08 TWD (bull case); at 98.00 TWD, the current price sits above 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 near its 52-week high and 278% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at -68% fair-value upside, at -90%, 6834 screens richer 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.

Note: the current price implies far more future growth than the conservative anchors of our models allow (base growth is deliberately capped, we do not regard such extreme rates as sustainable). Our models are not designed for expectations this high; that is why the individual models scatter extremely (6.02 TWD to 49.34 TWD). Read the values as a conservative anchor, not as a price target.
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
Residual Income 11.71 TWD 11.51 TWD 9.77 TWD 76
Growth DCF 5.00 TWD 6.02 TWD 7.74 TWD 72
Gordon GGM 4.39 TWD 8.75 TWD 13.25 TWD 70
All 25 models by family
DCF Models
FCF DCF 5.02 TWD 6.20 TWD 8.28 TWD 38
Owner Earnings 17.90 TWD 30.48 TWD 52.73 TWD 31
5Y Revenue Exit 7.24 TWD 10.91 TWD 16.16 TWD 39
5Y EBITDA Exit 25.15 TWD 49.34 TWD 81.42 TWD 41
5Y P/E Exit 10.80 TWD 18.55 TWD 27.88 TWD 38
10Y Revenue Exit 6.32 TWD 9.53 TWD 14.96 TWD 36
10Y EBITDA Exit 18.28 TWD 37.71 TWD 70.52 TWD 37
10Y P/E Exit 8.82 TWD 15.13 TWD 24.94 TWD 35
Earnings-Based
Graham-Dodd 3.41 TWD 18.10 TWD 25.06 TWD 54
Lynch FV 4.98 TWD 7.12 TWD 9.26 TWD 50
PEG = 1.0 4.98 TWD 7.12 TWD 9.26 TWD 46
EPV 7.04 TWD 7.57 TWD 8.03 TWD 59
Dividend Discount
Gordon GGM 4.39 TWD 8.75 TWD 13.25 TWD 70
DDM Multi-Stage 4.39 TWD 7.56 TWD 9.24 TWD 61
Multiples
P/E Multiple 10.54 TWD 14.05 TWD 17.56 TWD 63
P/S Multiple 6.40 TWD 8.53 TWD 10.66 TWD 58
P/B Multiple 6.40 TWD 8.53 TWD 10.66 TWD 55
EV/EBIT 12.79 TWD 15.82 TWD 18.85 TWD 53
EV/EBITDA 36.88 TWD 47.94 TWD 59.00 TWD 54
EV/Revenue 8.29 TWD 10.26 TWD 12.23 TWD 43
Asset-Based
NCAV (Graham) 8.11 TWD 10.86 TWD 16.21 TWD 50
Growth DCF
Growth DCF 5.00 TWD 6.02 TWD 7.74 TWD 72
Economic Profit
Residual Income 11.71 TWD 11.51 TWD 9.77 TWD 76
ROIC Compounder 7.04 TWD 7.57 TWD 8.03 TWD 67
Growth Earnings
Growth-Adj P/E 8.64 TWD 12.34 TWD 16.05 TWD 68

Widest divergence: DCF Models (15.13 TWD) versus Growth DCF (6.02 TWD). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 1.5B TWD
Revenue growth (YoY) +19.7%
Net margin 3.6%
Return on equity 3.7%
Free cash flow 9.1M TWD FY2025
P/E ratio 196.0
More key figures
Operating margin 8.5%
EPS (TTM) 0.5000 TWD
Dividend yield 0.4%
EPS growth (YoY) +33.4%
Net debt 183M TWD FY2025

Figures from reported company fundamentals · as of Aug 19, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 54/100

Of which business quality 54 · Market factors (momentum, volatility) 70

Profitability 27
Margins and returns on capital today
Quality Growth 44
Are margins and returns improving?
Cashflow 40
Earnings quality: real cash, not paper profit
Fin. Strength 75
Balance sheet, leverage, solvency risk
Investment 86
Disciplined investing over empire-building
Low Volatility 16
Calm price path (market factor)
Momentum 100
Price trend over the last 3–12 months (market factor)
52W Momentum 81
Distance to the 52-week high (market factor)
Net Issuance 69
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

Ever Ohms Technology Co.,Ltd. engages in the research and development, manufacture, and sale of electronic components in Taiwan and internationally. It offers various chip resistors. The company also provides thick films, arrays, thin films, metal films, metal strips, metal foils, metal shunts, automotives, fusible, MELF, and inductors.

Full company description

Ever Ohms Technology Co.,Ltd. engages in the research and development, manufacture, and sale of electronic components in Taiwan and internationally. It offers various chip resistors. The company also provides thick films, arrays, thin films, metal films, metal strips, metal foils, metal shunts, automotives, fusible, MELF, and inductors. Its products are used in automotive, power and energy, computer, mobile device, and communication product applications. Ever Ohms Technology Co.,Ltd. was founded in 1988 and is headquartered in Kaohsiung, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Ever Ohms Technology Co. Ltd. reported revenue of 1.4B TWD in FY2025 versus 1.3B TWD in FY2021, a compound +2.9%/yr. Reported net income was 44.4M TWD in FY2025, compounding −29.5%/yr from FY2021.

Growth Quality 61/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
1.4B TWD
Latest YoY
+12.9%
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.
+9.1%
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.
+10.0%
Avg. growth/yr (7Y) 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.
+14.2%
Revenue +2.9%/yr
FY21 1.3B TWD
FY22 1.1B TWD
FY23 943M TWD
FY24 1.3B TWD
FY25 1.4B TWD
Net income −29.5%/yr
FY21 179M TWD
FY22 104M TWD
FY23 −96.1M TWD
FY24 56.8M TWD
FY25 44.4M TWD

6834 screens 90% overvalued. Compare with Delta Electronics, Inc →

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Cite: Fair Value Calculator (2026). "Ever Ohms Technology Co. Ltd. Fair Value". https://www.fairvalue-calculator.com/stock/6834

Peer Group

Electronic Components · 649 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 54 · Above median
Fair Value upside −90% · Bottom 25%
Return on equity (TTM) 4% · Below median
Return on assets 2% · Below median
Net margin (TTM) 4% · Below median
Operating margin (TTM) 9% · Above median
Revenue growth 20% · Above median
Dividend yield (TTM) 0.4% · Bottom 25%

Valuation Multiples vs Electronic Components median · lower = cheaper

P/E (TTM) 196.0× · Pricier than 75% of peers
P/B 6.08× · Pricier than 75% of peers
P/S (TTM) 5.82× · Pricier than 75% of peers
P/FCF 30.1× · Pricier than 75% of peers
EV/EBITDA 37.4× · Pricier 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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 0
FUTURE99 · sector 37
PAST15 · sector 24
HEALTH0 · sector 95
DIVIDEND8 · sector 24

VALUE 0: the price sits above our fair-value range.

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 Electronic Components stocks, each showing price versus our Fair Value estimate (as of Aug 19, 2026).

Stock Price Fair Value vs Fair Value
Delta Electronics, Inc 2308 1,790 TWD 602.37 TWD -66%
Luxshare Precision Industry Co 002475 ¥56.06 ¥38.44 -31%
Samsung Electro-Mechanics Co 009150 1,503,000 KRW 172,954 KRW -88%
Suzhou Dongshan Precision Manufacturing Co 002384 ¥202.11 ¥21.19 -90%
Shengyi Technology Co 600183 ¥143.23 ¥36.30 -75%
Victory Giant Technology (HuiZhou) Co 2476 HK$238.60 HK$75.68 -68%
Kingboard Laminates Holdings 1888 HK$38.70 HK$8.95 -77%
Asia Vital Components Co 3017 2,910 TWD 1,369 TWD -53%
Nan Ya Printed Circuit Board Corporation 8046 1,215 TWD 1,768 TWD +46%
Zhen Ding Technology Holding 4958 477.50 TWD 136.13 TWD -71%

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Frequently asked questions

Is Ever Ohms Technology Co. Ltd. (6834) overvalued or undervalued?
As of Aug 19, 2026, our model estimates a fair value of 10.05 TWD versus a price of 98.00 TWD, about −90% (overvalued).
What is the fair value of 6834?
Our model-based fair value for Ever Ohms Technology Co. Ltd. is 10.05 TWD (as of Aug 19, 2026), built from audited fundamentals. The current price: 98.00 TWD.
What is the quality score of 6834?
Ever Ohms Technology Co. Ltd. has a Quality Score of 54/100. 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 Ever Ohms Technology Co. Ltd. (6834)?
Ever Ohms Technology Co. Ltd. reported trailing-twelve-month revenue of about 1.4B TWD (latest available figure, as of Aug 19, 2026).
What is the net profit margin of 6834?
The net profit margin of Ever Ohms Technology Co. Ltd. is about 3.1%, meaning it keeps roughly 3.1% of revenue as net income. Based on the latest reported figures.
Does Ever Ohms Technology Co. Ltd. pay a dividend?
Ever Ohms Technology Co. Ltd. currently shows a dividend yield of about 0.52% relative to its recent price (as of Aug 19, 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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