Nexchip Semiconductor Corp. A (688249) fair value: what the stock is really worth
As of Oct 29, 2026: fair value (intrinsic value) of Nexchip Semiconductor Corp. A stock ¥9.82, price ¥26.06, upside -62.3%, quality 33 out of 100. Rating: strongly overvalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Keep an eye on it?Free in your watchlist: 5 stocks without an account, 10 with oneYes, for free
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Oct 28, 2026.
How to read this chart
42‑month range ¥11.90 – ¥65.21 · fair‑value band ¥7.28 – ¥12.28 · the ¥26.06 price screens above the ¥9.82 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Oct 28, 2026.
Follow Nexchip Semiconductor Corp. A in your weekly email
Every Wednesday you see whether Nexchip Semiconductor Corp. A is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Nexchip Semiconductor Corporation engages in the research, development, production, and sale of integrated circuit-related products in China and internationally.
Show moreShow less
The company offers display driver chips, CMOS image sensors, microcontrollers, power management, and logic applications products for use in consumer electronics, smartphones, smart home appliances, security, industrial control, and automotive electronics.
It also provides technical services, including design and manufacturing services.
In addition, the company engages in the research and development of electronic special materials, and new materials technologies; design and development; business management; business management, socio-economic, financial, information technology, and information consulting services; and investment activities.
Nexchip Semiconductor Corporation was founded in 2015 and is based in Hefei, China.
Stock analysis
Nexchip Semiconductor Corp. A (688249) currently trades at ¥26.06, while our model-based Fair Value estimate is ¥9.82, 62.3% below the price, so the stock looks overvalued today.
Show more
Valuation
Bull case: the Growth Earnings group reads highest at a median of ¥9.84 per share, and 2 of the 13 models we run sit above the ¥26.06 price.
Bear case: the Dividend Discount group reads lowest at ¥3.32, and 11 of the 13 models stay below the price. Data coverage for this calculation is medium.
Scenario range: ¥7.28 (bear) to ¥12.28 (bull), the price of ¥26.06 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 33/100 (below-average quality), in the Technology sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Nexchip Semiconductor Corp. A reported revenue of 10.9B CNY in FY2025 versus 5.4B CNY in FY2021, a compound +19.0%/yr. Reported net income was 704M CNY in FY2025, compounding −20.1%/yr from FY2021.
Key figures
Market cap 60.1B CNY (≈ $9.0B) Mid · P/E ratio 84.0 · P/S ratio 4.49 · EPS (TTM) ¥0.3200 · Dividend yield 1.3% · Net margin 5.3% · Return on equity 1.6% · Return on assets (EBIT) 3.7%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 29 out of 100 (low confidence).
What moves the price
The share trades about 60% below its 52-week high and at its 52-week low, currently below its 200-day average.
For context, the median of 10 Technology peers we cover trades at −14% fair-value upside, at −62%, 688249 screens richer than that median.
Fair Value models
Bear¥7.28Fair Value ¥9.82Bull¥12.28
Price ¥26.06 · Upside -62.3%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (¥0.2648 per share) are deliberately not added.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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.25/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+17.7%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+2.7%
’21
’22
’23
’24
’25
What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
−19.8%
Earnings growth per share plus dividend.
Earnings per share, growth per year−21.1%
Dividend (yield on the price)1.3%
Profit margin 2021 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.34% → 9%
AI conclusion: Global leadership in display driver IC wafer foundry services forms the main strength while weak returns, negative free cash flow and high debt underline the lack of a durable moat.
Main risk: Rising competition together with higher costs threatens to further compress margins and reduce profits.
Nexchip leads globally in display driver IC wafer foundry services while expanding into broader logic processes on mature nodes. Recent US export restrictions have opened more room for domestic players like this one, yet half-year profits fell sharply amid competition and higher costs. Does tighter control over key inputs like photomasks strengthen its model or merely mask ongoing margin pressures?
Compare Nexchip Semiconductor Corp. A with another stock
Price, fair value, quality and upside side by side.
Free, no sign-up
Peer Groupⓘ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.Semiconductors · 347 stocks
Beats the industry median on 3/13 measures
Overall it trails its industry peers.
Valuation
Quality Score33 · Bottom 25%
Fair Value upside−63.8% · Below median
Profitability
Return on equity (12 months)1.6% · Below median
Return on assets1.8% · Below median
Net margin (12 months)7.1% · Below median
Operating margin (12 months)5.9% · Below median
Growth and dividend
Revenue growth (quarter YoY)15.7% · Below median
Dividend yield (12 months)1.3% · Above median
Balance sheet
Debt / equity0.90× · Highest 25%
Valuation Multiplesvs Semiconductors median · lower = cheaper
P/E (12 months)84.0× · Priciest 25%
P/B2.76× · Cheaper than median
P/S (12 months)6.90× · Pricier than median
EV/EBITDA21.8× · Cheaper than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 0
FUTURE (revenue growth)79· sector 96
PAST (return on equity)6· sector 29
HEALTH (low debt)55· sector 96
DIVIDEND (yield)26· sector 19
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Nexchip Semiconductor Corp. A Fair Value". https://www.fairvalue-calculator.com/stock/688249
Frequently asked questions
Is Nexchip Semiconductor Corp. A (688249) overvalued or undervalued?
As of Oct 28, 2026, our model estimates a fair value of ¥9.82 versus a price of ¥26.06, about −62% upside (overvalued).
What is the fair value of 688249?
Our model-based fair value for Nexchip Semiconductor Corp. A is ¥9.82 (as of Oct 28, 2026), built from audited fundamentals. The current price: ¥26.06.
What is the quality score of 688249?
Nexchip Semiconductor Corp. A has a Quality Score of 33/100. 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 price target for Nexchip Semiconductor Corp. A (688249)?
Our model-based price target is the fair value of ¥9.82 (as of Oct 28, 2026) from 13 valuation models. Cautious scenario ¥7.28, optimistic scenario ¥12.28. It is a calculation from audited fundamentals, not an analyst target.
What is the Nexchip Semiconductor Corp. A stock forecast for 2026?
Our models put fair value at ¥9.82, about −62% upside versus a price of ¥26.06 (overvalued). Cautious scenario ¥7.28, optimistic scenario ¥12.28. The calculation is refreshed regularly with new filings.
What is the revenue of Nexchip Semiconductor Corp. A (688249)?
Nexchip Semiconductor Corp. A reported trailing-twelve-month revenue of about 11.6B CNY (latest available figure, as of Oct 28, 2026).
Does Nexchip Semiconductor Corp. A pay a dividend?
Nexchip Semiconductor Corp. A currently shows a dividend yield of 1.30% relative to its recent price (as of Oct 28, 2026).
What is the intrinsic value of Nexchip Semiconductor Corp. A (688249)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Nexchip Semiconductor Corp. A it is ¥9.82 per share (as of Oct 28, 2026), against a price of ¥26.06. It is the blended result of 13 valuation models (cash flow, earnings, asset, dividend).
Is Nexchip Semiconductor Corp. A stock overvalued or undervalued in 2026?
As of Oct 28, 2026, 688249 trades above its calculated fair value: price ¥26.06, fair value ¥9.82, a gap of about −62% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 688249?
No. The price is what the market pays today (¥26.06); the fair value is what the company's own numbers justify (¥9.82). For Nexchip Semiconductor Corp. A the two are ¥16.24 per share apart. That gap is exactly why we show both numbers side by side.
How much is Nexchip Semiconductor Corp. A worth?
The market values Nexchip Semiconductor Corp. A at about 60.1B CNY (market capitalisation, as of Oct 28, 2026). Per share that is ¥26.06; our models calculate a fair value of ¥9.82 per share.
What do the bullish and bearish scenarios say about 688249?
Our models span a range for Nexchip Semiconductor Corp. A: cautious scenario ¥7.28, base ¥9.82, optimistic ¥12.28 per share (as of Oct 28, 2026, price ¥26.06). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 688249?
Nexchip Semiconductor Corp. A trades at a price-to-earnings ratio of 84.0 (as of Oct 28, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ¥9.82 is built from several models across several years. Other multiples: P/B 2.8, P/S 6.9, EV/EBITDA 21.8.
How solid is the balance sheet of Nexchip Semiconductor Corp. A (688249)?
Balance-sheet figures for Nexchip Semiconductor Corp. A (as of Oct 28, 2026): return on equity 1.6%, debt of 0.90 per unit of equity. They feed the Quality Score of 33/100, which measures business quality independently of the share price.
How far is 688249 from its 52-week high?
Nexchip Semiconductor Corp. A trades at ¥26.06, about 60% below its 52-week high of ¥65.21 and at the low of ¥26.06 (as of Oct 29, 2026). Distance from the high says nothing about value: that is what the fair value of ¥9.82 is for.
Which stocks are comparable to Nexchip Semiconductor Corp. A?
From the same area (Technology) we also value NVIDIA Corporation, Taiwan Semiconductor Manufacturing Company, Broadcom Inc, Micron Technology, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Nexchip Semiconductor Corp. A stock attractive at the current price?
The data as of Oct 28, 2026: price ¥26.06, calculated fair value ¥9.82 (−62%), Quality Score 33/100, from 13 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 688249 calculated?
We run Nexchip Semiconductor Corp. A through 13 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of ¥9.82, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.4 % above its aggregate fair value. Nexchip Semiconductor Corp. A itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Nexchip Semiconductor Corp. A (688249)?
The closing price on Oct 29, 2026 was ¥26.06. Our model-based fair value is ¥9.82, about −62% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Nexchip Semiconductor Corp. A right now?
The price sits above even our optimistic bull case (¥12.28). The favourable scenario is already priced in. Weak quality (33/100) and above fair value at the same time, the margin of safety is missing on both counts.
Key figures of Nexchip Semiconductor Corp. A
How large is the market capitalisation of Nexchip Semiconductor Corp. A (688249)?
The market capitalisation of Nexchip Semiconductor Corp. A is 60.1B CNY (≈ $9.0B). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Nexchip Semiconductor Corp. A (688249)?
The price-to-sales ratio of Nexchip Semiconductor Corp. A is 4.49 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Nexchip Semiconductor Corp. A (688249)?
Earnings per share at Nexchip Semiconductor Corp. A are ¥0.3200 (price ÷ EPS = P/E 84.0). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Nexchip Semiconductor Corp. A (688249)?
The dividend yield of Nexchip Semiconductor Corp. A is 1.3% (payout 106%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Nexchip Semiconductor Corp. A (688249)?
The net margin of Nexchip Semiconductor Corp. A is 5.3% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Nexchip Semiconductor Corp. A (688249)?
The return on equity (ROE) of Nexchip Semiconductor Corp. A is 1.6% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Nexchip Semiconductor Corp. A (688249)?
On an EBIT basis the return on assets of Nexchip Semiconductor Corp. A is 3.7% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Nexchip Semiconductor Corp. A (688249)?
The operating margin of Nexchip Semiconductor Corp. A is 5.9% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Nexchip Semiconductor Corp. A (688249)?
Revenue at Nexchip Semiconductor Corp. A is growing +15.7% versus a year earlier (3y avg +2.7%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Nexchip Semiconductor Corp. A (688249)?
Earnings per share at Nexchip Semiconductor Corp. A are growing +0.4% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Nexchip Semiconductor Corp. A (688249) generate?
The free cash flow of Nexchip Semiconductor Corp. A is −5.9B CNY (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Nexchip Semiconductor Corp. A (688249) carry?
The net debt of Nexchip Semiconductor Corp. A is 17.7B CNY (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch Nexchip Semiconductor Corp. A in the live analysis
One click puts Nexchip Semiconductor Corp. A on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 28,000+ stock screener.
Some data
Oct 28, 2026