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Igiant Optics Co (6915) Fair Value & Analysis

Technology · TW · Market cap 1.5B TWD

IO Igiant Optics Co 6915 · TWO
Price43.10 TWD
Fair Value40.78 TWD
Upside-5.4%
Quality53/100
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Weak Growth
Thin margins · 0.0% net margin
generates free cash flow
Trails peers (2/9)
Narrow moat 41/100
Evidence: Medium Range 33.76 TWD – 47.80 TWD Share as image

Fair value as of: Jul 22, 2026

From 12 valuation models · updated 19 days ago

Fair value updated Jul 22, 2026, revised from 20.39 TWD to 40.78 TWD (+100.0%) since Jul 12, 2026. Share price −6.5% over the past month.

A solid business, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • Our model range runs from 33.76 TWD (bear) to 47.80 TWD (bull), base 40.78 TWD. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 53/100 (solid quality) with medium evidence: read the verdict with care.
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Price vs Fair Value (8 months)

120.00 TWD 24.70 TWD Fair Value 40.78 TWD Dec 2025 Aug 2026

White line = price, green steps = our fair value per fiscal year. As of Jul 22, 2026.

How to read this chart

8‑month range 24.70 TWD – 120.00 TWD · fair‑value band 33.76 TWD – 47.80 TWD · the 43.10 TWD price screens above the 40.78 TWD fair value. As of Jul 22, 2026.

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Analysis

Igiant Optics Co (6915) currently trades at 43.10 TWD, while our model-based Fair Value estimate is 40.78 TWD, implying the stock looks roughly 5.4% fairly valued today. The Quality Score stands at 53/100 (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: medium).

The balance sheet holds a net cash position of 224M TWD. Fundamentals as of Jul 22, 2026

Our scenario range runs from 33.76 TWD (bear case) to 47.80 TWD (bull case); at 43.10 TWD, the current price sits within 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 67% below its 52-week high and 80% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at -67% fair-value upside, at -5%, 6915 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 5.85 TWD 6.75 TWD 8.14 TWD 72
Gordon GGM 7.77 TWD 8.38 TWD 9.28 TWD 70
Rev-Margin DCF 5.80 TWD 7.29 TWD 9.12 TWD 67
All 12 models by family
DCF Models
FCF DCF 5.75 TWD 6.69 TWD 8.29 TWD 38
5Y Revenue Exit 5.80 TWD 7.21 TWD 9.25 TWD 39
5Y EBITDA Exit 9.06 TWD 12.85 TWD 17.86 TWD 41
10Y Revenue Exit 5.68 TWD 6.65 TWD 7.69 TWD 36
10Y EBITDA Exit 7.56 TWD 9.84 TWD 12.30 TWD 37
Dividend Discount
Gordon GGM 7.77 TWD 8.38 TWD 9.28 TWD 70
DDM Multi-Stage 7.77 TWD 9.25 TWD 11.16 TWD 61
Multiples
EV/EBITDA 13.16 TWD 16.67 TWD 20.18 TWD 54
EV/Revenue 6.12 TWD 7.63 TWD 9.13 TWD 43
Asset-Based
NCAV (Graham) 4.91 TWD 6.58 TWD 9.82 TWD 50
Growth DCF
Growth DCF 5.85 TWD 6.75 TWD 8.14 TWD 72
Rev-Margin DCF 5.80 TWD 7.29 TWD 9.12 TWD 67

Widest divergence: Dividend Discount (8.38 TWD) versus Asset-Based (6.58 TWD). Highest evidence: Growth DCF (72).

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Key figures & financial health

Free cash flow 13.6M TWD FY2025
EPS (TTM) -0.4400 TWD
Net cash 224M TWD FY2024

Figures from reported company fundamentals · as of Jul 22, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 53/100

Of which business quality 52 · Market factors (momentum, volatility) 38

Profitability 16
Margins and returns on capital today
Quality Growth 24
Are margins and returns improving?
Cashflow 34
Earnings quality: real cash, not paper profit
Fin. Strength 94
Balance sheet, leverage, solvency risk
Investment 78
Disciplined investing over empire-building
Low Volatility 0
Calm price path (market factor)
Momentum 50
Price trend over the last 3–12 months (market factor)
52W Momentum 59
Distance to the 52-week high (market factor)
Net Issuance 80
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

Igiant Optics Co., Ltd., an optical design and manufacturing company, engages in the research and development, optical design, tool fabrication, precision injection, automation, and inspection of micro molding component and optical parts.

Full company description

Igiant Optics Co., Ltd., an optical design and manufacturing company, engages in the research and development, optical design, tool fabrication, precision injection, automation, and inspection of micro molding component and optical parts. It offers precision micro molding parts; dual shot and insert molding products; and micro molding products for use in mobile and 3C consumer products, semiconductors, medical endoscopy, car sensors, aerospace technology, and optical camera modules. The company is based in Hsinchu City, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Igiant Optics Co reported revenue of 257M TWD in FY2025 versus 745M TWD in FY2021, a compound −23.3%/yr. Reported net income was −15.5M TWD in FY2025.

Growth Quality 18/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
257M TWD
Latest YoY
−29.5%
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.
−23.3%
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.
−24.1%
Avg. growth/yr (6Y) 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.
−4.5%
Revenue −23.3%/yr
FY21 745M TWD
FY22 571M TWD
FY23 328M TWD
FY24 365M TWD
FY25 257M TWD
Net income
FY21 191M TWD
FY22 49.0M TWD
FY23 −78.4M TWD
FY24 27.1M TWD
FY25 −15.5M TWD

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Cite: Fair Value Calculator (2026). "Igiant Optics Co Fair Value". https://www.fairvalue-calculator.com/stock/6915

Peer Group

Semiconductors · 318 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 53 · Below median
Fair Value upside −5% · Top 25%
Return on assets 0% · Below median
Net margin (TTM) 0% · Below median
Operating margin (TTM) 0% · Below median
Revenue growth 0% · Below median

Valuation Multiples vs Semiconductors median · lower = cheaper

P/B 0.14× · Cheaper than 75% of peers
P/FCF 3.5× · Pricier 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 26 · sector 0
FUTURE 0 · sector 60
PAST 0 · sector 25
HEALTH 0 · sector 97
DIVIDEND 0 · sector 22

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 Semiconductors stocks, each showing price versus our Fair Value estimate (as of Jul 22, 2026).

Stock Price Fair Value vs Fair Value
NVIDIA Corporation NVDA $211.80 $96.91 -54%
Taiwan Semiconductor Manufacturing Company TSM $398.37 $207.49 -48%
Broadcom Inc 1AVGO €367.75 €121.25 -67%
Micron Technology, Inc 1MU €784.90 €185.67 -76%
SK hynix Inc 000660 2,082,000 KRW 1,109,311 KRW -47%
Advanced Micro Devices, Inc 1AMD €425.20 €56.33 -87%
Intel Corporation INTC C$68.40 C$9.82 -86%
Texas Instruments Incorporated TXN $311.46 $59.75 -81%
MediaTek Inc 2454 3,740 TWD 1,163 TWD -69%
SK Square Co 402340 1,212,000 KRW 868,000 KRW -28%

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Frequently asked questions

Is Igiant Optics Co (6915) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of 40.78 TWD versus a price of 43.10 TWD, about −5% (fairly valued).
What is the fair value of 6915?
Our model-based fair value for Igiant Optics Co is 40.78 TWD (as of Jul 22, 2026), built from audited fundamentals. The current price is 43.10 TWD.
What is the quality score of 6915?
Igiant Optics Co has a Quality Score of 53/100. 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 net profit margin of 6915?
The net profit margin of Igiant Optics Co is about 0.0%, meaning it keeps roughly 0.0% of revenue as net income. Based on the latest reported figures.

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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