Enli Technology Co.,Ltd (7728) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Enli Technology Co.,Ltd stock TWD 83.36, price TWD 448, that is 81.4% below the price, quality 42 out of 100. Rating: strongly overvalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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 Nov 6, 2026.
How to read this chart
32‑month range 135.69 TWD – 881.78 TWD · fair‑value band 61.34 TWD – 106.68 TWD · the 448.00 TWD price screens above the 83.36 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 6, 2026.
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Enli Technology Co.,Ltd engages in research, development, design, manufacture, and sale of analog light sources, semiconductor photoelectric conversion testing, and wafer-level photoelectric testing equipment in Taiwan, the United States, Europe and internationally.
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It offers research instruments, such as solar simulator, quantum efficiency detection, loss and defect analysis, luminescence analysis, photodiode inspection, software, and accessories/stages.
The company also offers testing solutions, including illuminator, CIS inspection, SPAD inspection, photodiode inspection, wafer level inspection, CRA inspection, intelligent software, and accessories stages. Enli Technology Co.,Ltd was founded in 2009 and is based in Kaohsiung, Taiwan.
Stock analysis
Enli Technology Co.,Ltd (7728) currently trades at 448.00 TWD, while our model-based Fair Value estimate is 83.36 TWD, 81% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of 118.27 TWD per share, and 0 of the 26 models we run sit above the 448.00 TWD price.
Bear case: the Asset-Based group reads lowest at 48.52 TWD, and 26 of the 26 models stay below the price. Data coverage for this calculation is high.
Scenario range: 61.34 TWD (bear) to 106.68 TWD (bull), the price of 448.00 TWD 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 42/100 (below-average quality), in the Technology sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Enli Technology Co.,Ltd reported revenue of 357M TWD in FY2025 versus 166M TWD in FY2021, a compound +21.0%/yr. Reported net income was 66.9M TWD in FY2025, compounding +30.0%/yr from FY2021.
Key figures
Market cap 6.3B TWD (≈ $191M) Micro · P/E ratio 71.7 · P/S ratio 15.6 · EPS (TTM) 6.25 TWD · Dividend yield 0.9% · Net margin 21.7% · Return on equity 12.3% · Return on assets (EBIT) 14.6% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 61 out of 100 (low confidence).
What moves the price
The share trades about 49% below its 52-week high and 57% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Technology peers we cover trades at −7% fair-value upside, at −81%, 7728 screens richer than that median.
Fair Value models
Bear61.34 TWDFair Value 83.36 TWDBull106.68 TWD
Price 448.00 TWD · Downside -81.4%
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 (1.77 TWD 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.
Best data coverage
FCF DCF72.77 TWD86.10 TWD105.20 TWD79
Growth DCF72.16 TWD83.24 TWD97.72 TWD77
Owner Earnings66.35 TWD75.82 TWD89.39 TWD75
All 26 models by family
DCF Models
FCF DCF72.77 TWD86.10 TWD105.20 TWD79
Owner Earnings66.35 TWD75.82 TWD89.39 TWD75
5Y Revenue Exit77.85 TWD99.63 TWD129.76 TWD71
5Y EBITDA Exit93.17 TWD132.12 TWD182.45 TWD72
5Y P/E Exit98.92 TWD144.29 TWD197.92 TWD68
10Y Revenue Exit74.29 TWD91.64 TWD119.05 TWD65
10Y EBITDA Exit83.27 TWD111.00 TWD155.31 TWD66
10Y P/E Exit86.36 TWD118.25 TWD165.95 TWD61
Earnings-Based
Graham-Dodd32.51 TWD167.27 TWD231.22 TWD61
Lynch FV45.65 TWD65.21 TWD84.78 TWD58
PEG = 1.045.65 TWD65.21 TWD84.78 TWD55
EPV77.48 TWD80.36 TWD82.65 TWD71
Dividend Discount
Gordon GGM43.93 TWD69.57 TWD86.75 TWD66
DDM Multi-Stage43.93 TWD67.79 TWD75.17 TWD65
Multiples
P/E Multiple75.30 TWD100.40 TWD125.50 TWD63
P/S Multiple38.24 TWD50.99 TWD63.73 TWD58
P/B Multiple181.68 TWD242.24 TWD302.80 TWD55
EV/EBIT117.87 TWD140.30 TWD162.72 TWD66
EV/EBITDA114.76 TWD136.14 TWD157.53 TWD67
EV/Revenue82.72 TWD96.49 TWD110.25 TWD54
Asset-Based
NCAV (Graham)32.02 TWD48.52 TWD60.65 TWD54
Growth DCF
Growth DCF72.16 TWD83.24 TWD97.72 TWD77
Rev-Margin DCF77.85 TWD98.92 TWD127.01 TWD71
Economic Profit
Residual Income40.24 TWD42.13 TWD45.65 TWD73
ROIC Compounder78.56 TWD82.68 TWD86.61 TWD69
Growth Earnings
Growth-Adj P/E68.65 TWD98.07 TWD127.49 TWD65
The fair value above starts from this blend and is adjusted for dilution from new shares.
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.85/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
−6.2%
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.
+15.3%
’21
’22
’23
’24
’25
What shareholders gained per year (last 5 years), in TWD ⓘ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. Measured in TWD: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
+21.4%
Earnings growth per share plus dividend.
Earnings per share, growth per year+20.5%
Dividend (yield on the price)0.9%
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.13% → 21%
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+65.0%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (Taiwan: IMF forecast 1.6% a year to 2030, 1.5% from 2016 to 2025) that is about +62.4% a year for the price.
Compare Enli Technology Co.,Ltd with another stock
Price, fair value, quality and upside side by side.
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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 · 369 stocks
Beats the industry median on 5/13 measures
Overall it trails its industry peers.
Valuation
Quality Score42 · Bottom 25%
Fair Value upside−81.4% · Bottom 25%
Profitability
Return on equity (12 months)12.3% · Above median
Return on assets7.3% · Above median
Net margin (12 months)21.7% · Top 25%
Operating margin (12 months)16.2% · Above median
Growth and dividend
Revenue growth (quarter YoY)37.4% · Above median
Dividend yield (12 months)0.9% · Below median
Valuation Multiplesvs Semiconductors median · lower = cheaper
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.
Is Enli Technology Co.,Ltd (7728) overvalued or undervalued?
As of Nov 6, 2026, our model estimates a fair value of 83.36 TWD versus a price of 448.00 TWD, about 81% lower (overvalued).
What is the fair value of 7728?
Our model-based fair value for Enli Technology Co.,Ltd is 83.36 TWD (as of Nov 6, 2026), built from audited fundamentals. The current price: 448.00 TWD.
What is the quality score of 7728?
Enli Technology Co.,Ltd 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 price target for Enli Technology Co.,Ltd (7728)?
Our model-based price target is the fair value of 83.36 TWD (as of Nov 6, 2026) from 26 valuation models. Cautious scenario 61.34 TWD, optimistic scenario 106.68 TWD. It is a calculation from audited fundamentals, not an analyst target.
What is the Enli Technology Co.,Ltd stock forecast for 2026?
Our models put fair value at 83.36 TWD, about 81% lower versus a price of 448.00 TWD (overvalued). Cautious scenario 61.34 TWD, optimistic scenario 106.68 TWD. The calculation is refreshed regularly with new filings.
What is the revenue of Enli Technology Co.,Ltd (7728)?
Enli Technology Co.,Ltd reported trailing-twelve-month revenue of about 401M TWD (latest available figure, as of Nov 6, 2026).
Does Enli Technology Co.,Ltd pay a dividend?
Enli Technology Co.,Ltd currently shows a dividend yield of 0.93% relative to its recent price (as of Nov 6, 2026).
How much is the dividend of Enli Technology Co.,Ltd (7728) and when is the ex-dividend date?
Enli Technology Co.,Ltd pays a dividend of 4.19 TWD per share a year, a dividend yield of 0.9%. The last ex-dividend date was Jun 25, 2026. The payout ratio is 67.0% of earnings. Free cash flow covers the dividend 0.60 times. Our assessment: Token dividend. At a yield of 0.9% the dividend is symbolic. On paper it is not fully covered by earnings or free cash flow, but at this size that hardly matters: even scrapping it entirely would cost less than 0.9% a year, and coverage ratios on amounts this small swing with ordinary working-capital movements. Judge this company on its business, not on its dividend.
What growth is priced into Enli Technology Co.,Ltd (7728)?
For today's price to be fair in a discounted-cash-flow model, Enli Technology Co.,Ltd would have to grow free cash flow by +65.0 % per year for five years (discount rate 14.0 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 4 years revenue grew +21.0 % per year. As of Nov 6, 2026.
What discount rate (WACC) does the fair value of 7728 use?
Our models discount Enli Technology Co.,Ltd at 14.0 %: a base by market capitalisation (micro), damped by beta 1.22, country premium for Taiwan. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Enli Technology Co.,Ltd that is +65.0 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (14.0 %) and the same formula as our fair value.
How much growth has Enli Technology Co.,Ltd (7728) delivered so far?
Over the past 4 years revenue at Enli Technology Co.,Ltd grew +21.0 % a year. The price currently implies free-cash-flow growth of +65.0 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Enli Technology Co.,Ltd (7728) growing?
The median revenue growth in the sector is +16.8 % a year. That is the yardstick for the growth priced into Enli Technology Co.,Ltd (+65.0 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Enli Technology Co.,Ltd (7728)?
The free-cash-flow yield on the price is 0.56 %: that much free cash flow Enli Technology Co.,Ltd produces per unit of market value. When it exceeds the discount rate of our models (14.0 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Enli Technology Co.,Ltd (7728)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Enli Technology Co.,Ltd it is 83.36 TWD per share (as of Nov 6, 2026), against a price of 448.00 TWD. It is the blended result of 26 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Enli Technology Co.,Ltd stock overvalued or undervalued in 2026?
As of Nov 6, 2026, 7728 trades above its calculated fair value: price 448.00 TWD, fair value 83.36 TWD, a gap of about −81% (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 7728?
No. The price is what the market pays today (448.00 TWD); the fair value is what the company's own numbers justify (83.36 TWD). For Enli Technology Co.,Ltd the two are 364.64 TWD per share apart. That gap is exactly why we show both numbers side by side.
How much is Enli Technology Co.,Ltd worth?
The market values Enli Technology Co.,Ltd at about 6.3B TWD (market capitalisation, as of Nov 6, 2026). Per share that is 448.00 TWD; our models calculate a fair value of 83.36 TWD per share.
What do the bullish and bearish scenarios say about 7728?
Our models span a range for Enli Technology Co.,Ltd: cautious scenario 61.34 TWD, base 83.36 TWD, optimistic 106.68 TWD per share (as of Nov 6, 2026, price 448.00 TWD). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 7728?
Enli Technology Co.,Ltd trades at a price-to-earnings ratio of 71.7 (as of Nov 6, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 83.36 TWD is built from several models across several years. Other multiples: P/B 8.3, P/S 15.6, EV/EBITDA 54.1.
How solid is the balance sheet of Enli Technology Co.,Ltd (7728)?
Balance-sheet figures for Enli Technology Co.,Ltd (as of Nov 6, 2026): return on equity 12.3%. They feed the Quality Score of 42/100, which measures business quality independently of the share price.
How far is 7728 from its 52-week high?
Enli Technology Co.,Ltd trades at 448.00 TWD, about 49% below its 52-week high of 881.78 TWD and 57% above the low of 285.57 TWD (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 83.36 TWD is for.
Which stocks are comparable to Enli Technology Co.,Ltd?
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 Enli Technology Co.,Ltd stock attractive at the current price?
The data as of Nov 6, 2026: price 448.00 TWD, calculated fair value 83.36 TWD (−81%), Quality Score 42/100, from 26 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 7728 calculated?
We run Enli Technology Co.,Ltd through 26 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of 83.36 TWD builds on their evidence-weighted average, 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 13.3% above its aggregate fair value. Enli Technology Co.,Ltd 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 Enli Technology Co.,Ltd (7728)?
The closing price on Nov 6, 2026 was 448.00 TWD. Our model-based fair value is 83.36 TWD, about 81% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Enli Technology Co.,Ltd right now?
The price sits above even our optimistic bull case (106.68 TWD). The favourable scenario is already priced in. Weak quality (42/100) and above fair value at the same time, the margin of safety is missing on both counts.
Key figures of Enli Technology Co.,Ltd
How large is the market capitalisation of Enli Technology Co.,Ltd (7728)?
The market capitalisation of Enli Technology Co.,Ltd is 6.3B TWD (≈ $191M). 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 Enli Technology Co.,Ltd (7728)?
The price-to-sales ratio of Enli Technology Co.,Ltd is 15.6 (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 Enli Technology Co.,Ltd (7728)?
Earnings per share at Enli Technology Co.,Ltd are 6.25 TWD (price ÷ EPS = P/E 71.7). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Enli Technology Co.,Ltd (7728)?
The dividend yield of Enli Technology Co.,Ltd is 0.9% (payout 67.0%). 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 Enli Technology Co.,Ltd (7728)?
The net margin of Enli Technology Co.,Ltd is 21.7% (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 Enli Technology Co.,Ltd (7728)?
The return on equity (ROE) of Enli Technology Co.,Ltd is 12.3% (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 Enli Technology Co.,Ltd (7728)?
On an EBIT basis the return on assets of Enli Technology Co.,Ltd is 14.6% (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 Enli Technology Co.,Ltd (7728)?
The operating margin of Enli Technology Co.,Ltd is 16.2% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Enli Technology Co.,Ltd (7728)?
Revenue at Enli Technology Co.,Ltd is growing +37.4% versus a year earlier (3y avg +15.3%). 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 Enli Technology Co.,Ltd (7728)?
Earnings per share at Enli Technology Co.,Ltd are growing +537% versus a year earlier. How much earnings per share grew versus a year earlier.
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Broad data
Nov 6, 2026