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Gudeng Equipment Co (6953) Fair Value & Analysis

Technology · TW · Market cap 6.7B TWD

GE Gudeng Equipment Co 6953 · TWO
Price223.00 TWD
Fair Value165.08 TWD
Upside-26.0%
Quality52/100
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Expensive Growth
Solidly profitable · 17.2% net margin
Low debt · generates free cash flow
2.60% dividend yield
Mixed vs. peers (8/14)
Moderate moat 63/100
Evidence: High Range 99.78 TWD – 267.38 TWD Share as image

Fair value as of: Jul 23, 2026

From 23 valuation models · updated 18 days ago

Share price −2.2% over the past month.

A solid business, but screening 26% overvalued on our models.

What matters now

  • The model range is unusually wide (99.78 TWD to 267.38 TWD). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • Solid but not exceptional quality (52/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (3 years)

309.58 TWD 140.69 TWD Fair Value 165.08 TWD Jun 2023 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

37‑month range 140.69 TWD – 309.58 TWD · fair‑value band 99.78 TWD – 267.38 TWD · the 223.00 TWD price screens above the 165.08 TWD fair value. Dashed = 300-day average. As of Jul 23, 2026.

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Analysis

Gudeng Equipment Co (6953) currently trades at 223.00 TWD, while our model-based Fair Value estimate is 165.08 TWD, implying the stock looks roughly 26.0% overvalued today. The Quality Score stands at 52/100 (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, Gudeng Equipment Co generated revenue of 1.3B TWD at a net margin of 17.2%. Revenue grew 7.5% year over year. It earns a return on equity of 15.7%. The stock trades on a trailing P/E of 29.3. Fundamentals as of Jul 23, 2026

Our scenario range runs from 99.78 TWD (bear case) to 267.38 TWD (bull case); at 223.00 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 25% below its 52-week high and 50% 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 -26%, 6953 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 49.09 TWD 51.54 TWD 55.43 TWD 80
Residual Income 52.69 TWD 67.68 TWD 171.44 TWD 76
ROIC Compounder 112.76 TWD 127.49 TWD 143.04 TWD 72
All 23 models by family
DCF Models
FCF DCF 49.11 TWD 51.79 TWD 56.17 TWD 38
Owner Earnings 56.89 TWD 65.23 TWD 78.94 TWD 31
5Y Revenue Exit 99.19 TWD 153.62 TWD 229.23 TWD 39
5Y EBITDA Exit 130.59 TWD 217.45 TWD 327.77 TWD 41
5Y P/E Exit 148.30 TWD 253.45 TWD 374.45 TWD 38
10Y Revenue Exit 78.75 TWD 123.82 TWD 195.54 TWD 36
10Y EBITDA Exit 101.59 TWD 169.17 TWD 275.08 TWD 37
10Y P/E Exit 113.01 TWD 194.76 TWD 312.76 TWD 35
Earnings-Based
Graham-Dodd 54.30 TWD 239.87 TWD 328.41 TWD 54
Lynch FV 62.10 TWD 88.72 TWD 115.34 TWD 50
PEG = 1.0 62.10 TWD 88.72 TWD 115.34 TWD 46
EPV 109.27 TWD 119.35 TWD 128.04 TWD 59
Multiples
P/E Multiple 167.70 TWD 223.60 TWD 279.50 TWD 63
P/S Multiple 101.82 TWD 135.76 TWD 169.69 TWD 58
P/B Multiple 101.82 TWD 135.76 TWD 169.69 TWD 55
EV/EBIT 205.41 TWD 258.72 TWD 312.04 TWD 53
EV/EBITDA 183.91 TWD 230.07 TWD 276.22 TWD 54
EV/Revenue 126.32 TWD 160.97 TWD 195.63 TWD 43
Asset-Based
NCAV (Graham) 26.85 TWD 35.98 TWD 53.70 TWD 50
Growth DCF
Growth DCF 49.09 TWD 51.54 TWD 55.43 TWD 80
Economic Profit
Residual Income 52.69 TWD 67.68 TWD 171.44 TWD 76
ROIC Compounder 112.76 TWD 127.49 TWD 143.04 TWD 72
Growth Earnings
Growth-Adj P/E 121.23 TWD 173.19 TWD 225.15 TWD 68

Widest divergence: Growth Earnings (173.19 TWD) versus Asset-Based (35.98 TWD). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 1.3B TWD
Revenue growth (YoY) +7.5%
Net margin 17.2%
Return on equity 15.7%
Free cash flow 9.2M TWD FY2025
P/E ratio 27.9
More key figures
Operating margin 16.0%
EPS (TTM) 7.95 TWD
Dividend yield 2.6%
EPS growth (YoY) -17.6%

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

Quality Score breakdown

Overall quality 52/100

Of which business quality 55 · Market factors (momentum, volatility) 47

Profitability 54
Margins and returns on capital today
Quality Growth 52
Are margins and returns improving?
Cashflow 32
Earnings quality: real cash, not paper profit
Fin. Strength 98
Balance sheet, leverage, solvency risk
Investment 9
Disciplined investing over empire-building
Low Volatility 37
Calm price path (market factor)
Momentum 45
Price trend over the last 3–12 months (market factor)
52W Momentum 63
Distance to the 52-week high (market factor)
Net Issuance 65
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

Gudeng Equipment Co., LTD., together with its subsidiary, ShoWa Precision Co., Ltd., focuses on sales, repair and maintenance of various precision instruments.

Full company description

Gudeng Equipment Co., LTD., together with its subsidiary, ShoWa Precision Co., Ltd., focuses on sales, repair and maintenance of various precision instruments. The company provides EUV reticle handling solutions, including automatic EIP inspection equipment/EUV reticle sidewall inspection, EUV lite exchanger, EUV reticle exchanger, and EUV vacuum cleaner; reticle solutions comprising reticle cleaner, large-size reticle cleaner, reticle exchanger, reticle cabinet solution, and reticle storage solution; and physical vapor deposition technology. In addition, it manufactures and sells physical vapor deposition equipment and related components for semiconductor processes. Gudeng Equipment Co., LTD. was founded in 2016 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

Gudeng Equipment Co reported revenue of 1.3B TWD in FY2025 versus 602M TWD in FY2021, a compound +21.8%/yr. Reported net income was 240M TWD in FY2025, compounding +37.3%/yr from FY2021.

Growth Quality 60/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
1.3B TWD
Latest YoY
+1.7%
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.
+8.1%
Revenue +21.8%/yr
FY21 602M TWD
FY22 1.0B TWD
FY23 1.2B TWD
FY24 1.3B TWD
FY25 1.3B TWD
Net income +37.3%/yr
FY21 67.5M TWD
FY22 203M TWD
FY23 228M TWD
FY24 240M TWD
FY25 240M TWD

6953 screens 26% overvalued. Compare with ASML Holding →

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Cite: Fair Value Calculator (2026). "Gudeng Equipment Co Fair Value". https://www.fairvalue-calculator.com/stock/6953

Peer Group

Semiconductor Equipment & Materials · 212 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 52 · Below median
Fair Value upside −26% · Above median
Return on equity (TTM) 16% · Top 25%
Return on assets 6% · Above median
Net margin (TTM) 17% · Above median
Operating margin (TTM) 16% · Above median
Revenue growth 8% · Below median
Dividend yield (TTM) 2.6% · Top 25%
Debt / equity 0.09× · Higher than median

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

P/E (TTM) 27.9× · Cheaper than 75% of peers
P/B 4.13× · Pricier than median
P/S (TTM) 4.96× · Pricier than median
P/FCF 22.6× · Pricier than median
EV/EBITDA 16.9× · 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 0 · sector 0
FUTURE 38 · sector 58
PAST 63 · sector 30
HEALTH 95 · sector 96
DIVIDEND 52 · sector 16

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

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 23, 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 Gudeng Equipment Co (6953) overvalued or undervalued?
As of Jul 23, 2026, our model estimates a fair value of 165.08 TWD versus a price of 223.00 TWD, about −26% (overvalued).
What is the fair value of 6953?
Our model-based fair value for Gudeng Equipment Co is 165.08 TWD (as of Jul 23, 2026), built from audited fundamentals. The current price is 223.00 TWD.
What is the quality score of 6953?
Gudeng Equipment Co has a Quality Score of 52/100. 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 Gudeng Equipment Co (6953)?
Gudeng Equipment Co reported trailing-twelve-month revenue of about 1.3B TWD (latest available figure, as of Jul 23, 2026).
What is the net profit margin of 6953?
The net profit margin of Gudeng Equipment Co is about 17.2%, meaning it keeps roughly 17.2% of revenue as net income. Based on the latest reported figures.
Does Gudeng Equipment Co pay a dividend?
Gudeng Equipment Co currently shows a dividend yield of about 2.77% 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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