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Foxwell Power Co (6994) Fair Value & Analysis

Utilities · TW · Market cap 2.9B TWD

FP Foxwell Power Co 6994 · TW
Price36.95 TWD
Fair Value95.12 TWD
Upside+157.4%
Quality42/100
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Expensive Growth
Thin margins · 8.4% net margin
Moderate debt · negative free cash flow
7.30% dividend yield
Ranks above peers (12/13)
Moderate moat 59/100
Evidence: Medium Range 71.35 TWD – 199.91 TWD Share as image

Fair value as of: Jul 23, 2026

From 15 valuation models · updated 18 days ago

Share price −10.7% over the past month.

Below-average quality, screening 157% undervalued on our models.

What matters now

  • The large discount to fair value meets weak quality (42/100). That raises the risk this is a value trap rather than a bargain.
  • The price is below even our cautious bear case (71.35 TWD). The market is more pessimistic than our downside scenario.
  • The model range is unusually wide (71.35 TWD to 199.91 TWD). The outcome hinges heavily on assumptions, so read the point estimate with caution.
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Price vs Fair Value (3 years)

155.35 TWD 35.95 TWD Fair Value 95.12 TWD Dec 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

32‑month range 35.95 TWD – 155.35 TWD · fair‑value band 71.35 TWD – 199.91 TWD · the 36.95 TWD price screens below the 95.12 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 23, 2026.

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Analysis

Foxwell Power Co (6994) currently trades at 36.95 TWD, while our model-based Fair Value estimate is 95.12 TWD, implying the stock looks roughly 157.4% undervalued today. The Quality Score stands at 42/100 (below-average quality), in the Utilities 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: medium), always confirm before acting.

Over the trailing twelve months, Foxwell Power Co generated revenue of 5.4B TWD at a net margin of 8.4%. Revenue grew 103.3% year over year. It earns a return on equity of 20.0%. Net debt stands at 1.9B TWD. Fundamentals as of Jul 23, 2026

Our scenario range runs from 71.35 TWD (bear case) to 199.91 TWD (bull case); at 36.95 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 71% below its 52-week high, currently below its 200-day average. For context, the median of 10 Utilities peers we cover trades at -30% fair-value upside, at 157%, 6994 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
Residual Income 39.65 TWD 52.68 TWD 180.33 TWD 76
ROIC Compounder 117.09 TWD 195.79 TWD 240.11 TWD 72
Growth-Adj P/E 190.37 TWD 271.95 TWD 353.54 TWD 68
All 15 models by family
DCF Models
Owner Earnings 112.94 TWD 265.71 TWD 574.64 TWD 31
Earnings-Based
Graham-Dodd 42.28 TWD 294.85 TWD 413.77 TWD 54
Lynch FV 152.33 TWD 217.61 TWD 282.89 TWD 50
PEG = 1.0 152.33 TWD 217.61 TWD 282.89 TWD 46
EPV 82.94 TWD 98.04 TWD 111.06 TWD 59
Multiples
P/E Multiple 83.94 TWD 111.91 TWD 139.89 TWD 63
P/S Multiple 79.27 TWD 105.70 TWD 132.12 TWD 58
P/B Multiple 47.46 TWD 63.28 TWD 79.10 TWD 55
EV/EBIT 137.11 TWD 187.03 TWD 236.96 TWD 53
EV/EBITDA 110.61 TWD 151.71 TWD 192.81 TWD 54
EV/Revenue 108.00 TWD 159.73 TWD 211.45 TWD 43
Asset-Based
NCAV (Graham) 17.58 TWD 23.56 TWD 35.16 TWD 50
Economic Profit
Residual Income 39.65 TWD 52.68 TWD 180.33 TWD 76
ROIC Compounder 117.09 TWD 195.79 TWD 240.11 TWD 72
Growth Earnings
Growth-Adj P/E 190.37 TWD 271.95 TWD 353.54 TWD 68

Widest divergence: Growth Earnings (271.95 TWD) versus Asset-Based (23.56 TWD). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 5.4B TWD
Revenue growth (YoY) +103%
Net margin 8.4%
Return on equity 20.0%
Free cash flow −7.2M TWD FY2025
P/E ratio 6.6
More key figures
Operating margin 12.2%
EPS (TTM) 6.19 TWD
Dividend yield 7.3%
EPS growth (YoY) +9.3%
Net debt 1.9B TWD FY2025

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

Quality Score breakdown

Overall quality 42/100

Of which business quality 40 · Market factors (momentum, volatility) 18

Profitability 46
Margins and returns on capital today
Quality Growth 97
Are margins and returns improving?
Cashflow 8
Earnings quality: real cash, not paper profit
Fin. Strength 51
Balance sheet, leverage, solvency risk
Investment 33
Disciplined investing over empire-building
Low Volatility 60
Calm price path (market factor)
Momentum 0
Price trend over the last 3–12 months (market factor)
52W Momentum 0
Distance to the 52-week high (market factor)
Net Issuance 8
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

Foxwell Power Co., Ltd. engages in renewable energy power sales, energy conservation, energy storage system auxiliary services, and engineering services in Taiwan. The company was founded in 2019 and is based in New Taipei City, Taiwan. Foxwell Power Co., Ltd. operates as a subsidiary of Shinfox Energy Co., Ltd.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Foxwell Power Co reported revenue of 5.0B TWD in FY2025 versus 157M TWD in FY2021, a compound +137.3%/yr. Reported net income was 450M TWD in FY2025, compounding +283.4%/yr from FY2021.

Growth Quality 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
5.0B TWD
Latest YoY
+164.5%
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.
+139.7%
Revenue +137.3%/yr
FY21 157M TWD
FY22 362M TWD
FY23 880M TWD
FY24 1.9B TWD
FY25 5.0B TWD
Net income +283.4%/yr
FY21 2.1M TWD
FY22 25.9M TWD
FY23 56.2M TWD
FY24 84.9M TWD
FY25 450M TWD

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Cite: Fair Value Calculator (2026). "Foxwell Power Co Fair Value". https://www.fairvalue-calculator.com/stock/6994

Peer Group

Utilities - Renewable · 220 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 42 · Above median
Fair Value upside +157% · Top 25%
Return on equity (TTM) 20% · Top 25%
Return on assets 11% · Top 25%
Net margin (TTM) 8% · Above median
Operating margin (TTM) 12% · Below median
Revenue growth 103% · Top 25%
Dividend yield (TTM) 7.3% · Top 25%
Debt / equity 0.59× · Lower than median

Valuation Multiples vs Utilities - Renewable median · lower = cheaper

P/E (TTM) 6.6× · Cheaper than 75% of peers
P/B 1.16× · Cheaper than median
P/S (TTM) 0.54× · Cheaper than 75% of peers
EV/EBITDA 3.2× · Cheaper 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.

VALUE 100 · sector 12
FUTURE 100 · sector 0
PAST 80 · sector 12
HEALTH 71 · sector 68
DIVIDEND 100 · sector 48

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 Utilities - Renewable stocks, each showing price versus our Fair Value estimate (as of Jul 23, 2026).

Stock Price Fair Value vs Fair Value
China Yangtze Power Co 600900 ¥27.99 ¥25.13 -10%
Ørsted A/S ORSTED kr 149.70 kr 31.40 -79%
Huaneng Lancang River Hydropower Inc 600025 ¥9.81 ¥5.57 -43%
Adani Green Energy Limited ADANIGREEN ₹1,537 ₹170.50 -89%
AXIA Energia SA AXIAP $10.74 $9.65 -10%
VERBUND AG OEWA €58.65 €66.19 +13%
BEP BEP $32.33 $73.35 +127%
BEPUN BEPUN C$44.56 C$10.15 -77%
Fortum Oyj FORTUM €19.89 €13.90 -30%
China Longyuan Power Group 001289 ¥16.21 ¥8.23 -49%

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Frequently asked questions

Is Foxwell Power Co (6994) overvalued or undervalued?
As of Jul 23, 2026, our model estimates a fair value of 95.12 TWD versus a price of 36.95 TWD, about +157% (undervalued).
What is the fair value of 6994?
Our model-based fair value for Foxwell Power Co is 95.12 TWD (as of Jul 23, 2026), built from audited fundamentals. The current price is 36.95 TWD.
What is the quality score of 6994?
Foxwell Power Co has a Quality Score of 42/100. 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 Foxwell Power Co (6994)?
Foxwell Power Co reported trailing-twelve-month revenue of about 5.4B TWD (latest available figure, as of Jul 23, 2026).
What is the net profit margin of 6994?
The net profit margin of Foxwell Power Co is about 8.4%, meaning it keeps roughly 8.4% of revenue as net income. Based on the latest reported figures.
Does Foxwell Power Co pay a dividend?
Foxwell Power Co currently shows a dividend yield of about 5.33% 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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