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Contrel Technology Co (8064) Fair Value & Analysis

Technology · TW · Market cap 20.5B TWD

CT Contrel Technology Co 8064 · TWO
Price103.00 TWD
Fair Value24.32 TWD
Upside-76.4%
Quality75/100
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Weak Growth
Solidly profitable · 12.9% net margin
Low debt · generates free cash flow
0.95% dividend yield
Mixed vs. peers (8/14)
Moderate moat 46/100
Evidence: Medium Range 18.24 TWD – 30.40 TWD Share as image

Fair value as of: Jul 23, 2026

From 24 valuation models · updated 17 days ago

Share price −17.9% over the past month.

A strong business, but screening 76% overvalued on our models.

What matters now

  • A high-quality business (quality 75/100), yet the market already pays well above fair value. Quality at a full price, with little margin of safety.
  • The price sits above even our optimistic bull case (30.40 TWD). The favourable scenario is already priced in.
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Price vs Fair Value (5 years)

171.24 TWD 11.34 TWD Fair Value 24.32 TWD Feb 2021 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

60‑month range 11.34 TWD – 171.24 TWD · fair‑value band 18.24 TWD – 30.40 TWD · the 103.00 TWD price screens above the 24.32 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

Contrel Technology Co (8064) currently trades at 103.00 TWD, while our model-based Fair Value estimate is 24.32 TWD, implying the stock looks roughly 76.4% overvalued today. The Quality Score stands at 75/100 (high 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).

Over the trailing twelve months, Contrel Technology Co generated revenue of 3.0B TWD at a net margin of 12.9%. Revenue grew 29.9% year over year. It earns a return on equity of 11.1%. The balance sheet holds a net cash position of 1.2B TWD. Fundamentals as of Jul 23, 2026

Our scenario range runs from 18.24 TWD (bear case) to 30.40 TWD (bull case); at 103.00 TWD, the current price sits above 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 46% below its 52-week high and 192% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at -75% fair-value upside, at -76%, 8064 screens richer 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 BearBaseBull Evidence
Highest evidence
Growth DCF 46.80 TWD 59.42 TWD 77.21 TWD 80
Residual Income 14.16 TWD 14.92 TWD 15.95 TWD 76
Rev-Margin DCF 31.00 TWD 37.20 TWD 44.14 TWD 74
All 24 models by family
DCF Models
FCF DCF 45.66 TWD 58.92 TWD 78.47 TWD 38
Owner Earnings 27.44 TWD 33.44 TWD 42.28 TWD 31
5Y Revenue Exit 31.00 TWD 36.58 TWD 43.33 TWD 39
5Y EBITDA Exit 33.91 TWD 41.64 TWD 50.26 TWD 41
5Y P/E Exit 34.67 TWD 42.96 TWD 51.27 TWD 38
10Y Revenue Exit 35.98 TWD 41.84 TWD 48.36 TWD 36
10Y EBITDA Exit 38.08 TWD 45.22 TWD 53.25 TWD 37
10Y P/E Exit 38.55 TWD 46.10 TWD 53.97 TWD 35
Earnings-Based
Graham-Dodd 8.27 TWD 16.70 TWD 21.01 TWD 54
EPV 21.14 TWD 22.60 TWD 23.88 TWD 59
Dividend Discount
Gordon GGM 4.91 TWD 7.11 TWD 9.40 TWD 70
DDM Multi-Stage 4.91 TWD 6.93 TWD 9.27 TWD 61
Multiples
P/E Multiple 18.24 TWD 24.32 TWD 30.40 TWD 63
P/S Multiple 15.51 TWD 20.68 TWD 25.84 TWD 58
P/B Multiple 15.51 TWD 20.68 TWD 25.84 TWD 55
EV/EBIT 28.37 TWD 33.70 TWD 39.03 TWD 53
EV/EBITDA 29.23 TWD 34.85 TWD 40.47 TWD 54
EV/Revenue 23.16 TWD 27.78 TWD 32.40 TWD 43
Asset-Based
NCAV (Graham) 8.71 TWD 11.67 TWD 17.42 TWD 50
Growth DCF
Growth DCF 46.80 TWD 59.42 TWD 77.21 TWD 80
Rev-Margin DCF 31.00 TWD 37.20 TWD 44.14 TWD 74
Economic Profit
Residual Income 14.16 TWD 14.92 TWD 15.95 TWD 76
ROIC Compounder 21.40 TWD 23.31 TWD 25.31 TWD 72
Growth Earnings
Growth-Adj P/E 13.29 TWD 18.98 TWD 24.67 TWD 68

Widest divergence: DCF Models (41.84 TWD) versus Dividend Discount (6.93 TWD). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 3.0B TWD
Revenue growth (YoY) +29.9%
Net margin 12.9%
Return on equity 11.1%
Free cash flow 593M TWD FY2025
P/E ratio 98.9
More key figures
Operating margin 4.3%
EPS (TTM) 1.36 TWD
Dividend yield 0.8%
EPS growth (YoY) +481%
Net cash 1.2B TWD FY2023

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

Quality Score breakdown

Overall quality 75/100

Of which business quality 75 · Market factors (momentum, volatility) 68

Profitability 34
Margins and returns on capital today
Quality Growth 54
Are margins and returns improving?
Cashflow 90
Earnings quality: real cash, not paper profit
Fin. Strength 96
Balance sheet, leverage, solvency risk
Investment 97
Disciplined investing over empire-building
Low Volatility 36
Calm price path (market factor)
Momentum 87
Price trend over the last 3–12 months (market factor)
52W Momentum 72
Distance to the 52-week high (market factor)
Net Issuance 84
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

Contrel Technology Co., Ltd. researches, develops, manufactures, and sells LCD equipment in Taiwan and China. The company offers mini LED test, repair, laser drilling, tile laminating equipment, collage equipment, mass transfer, laser trimming, and metal repair; sealant ultraviolent, nano protusion, photo alignment ultraviolet, ultrasonic dry cleaning …

Full company description

Contrel Technology Co., Ltd. researches, develops, manufactures, and sells LCD equipment in Taiwan and China. The company offers mini LED test, repair, laser drilling, tile laminating equipment, collage equipment, mass transfer, laser trimming, and metal repair; sealant ultraviolent, nano protusion, photo alignment ultraviolet, ultrasonic dry cleaning equipment; macro and exterior inspection, burr check, electric test, PAD inspection, light on test, and demura inspection; pack/unpack, RTP/RTS and TFT/CF/LCD factory conveyance. It also provides semiconductor automation solutions, such as EFEM system, laser marking process automation, molding lifter, over and plasma process automation, SMT lifter, I-Box automatic inspection system, OHCV and OHRGV automated handling, shuttle, OHS, foup stocker, magazine and mini stocker, N2 wafer stocker, tray stocker, and vertical carousel; driver IC six side inspection equipment, 3D Camera, AI FVI high-speed inspection machine, AI OCR system, die bonding inspection measurement system, high precision defect inspection machine, and PLP RDL OM automatic optical measuring machine; cluster sputter system, plasma etching equipment, high precision defect inspection machine, PLP RDL OM automatic optical measuring machine, semiconductor glass laser cutting, IC bonding equipment, TGV laser modification equipment, PLP RDL 3D measuring machine, plasma cleaning equipment, and semiconductor laser debond and TRM; and semiconductor laser TRM, circuit repair, glass laser cutter, and laser debond, as well as parts laser clean. In addition, it offers TFT Array and circuit repair, laser shorting ring cut, bright point repair system, LCD cell repair, glass laser cutting, and TGV laser modification equipment; and microwave plasma desmear and horizontal continuous metal sputtering equipment, plasma clean, e-beam evaporator, optical sputter, and in line sputter system. The company was founded in 1987 and is headquartered in Tainan City, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Contrel Technology Co reported revenue of 2.9B TWD in FY2025 versus 4.5B TWD in FY2021, a compound −10.8%/yr. Reported net income was 225M TWD in FY2025, compounding −10.5%/yr from FY2021.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
2.9B TWD
Latest YoY
+10.2%
Avg. growth/yr (3Y)
−9.9%
Avg. growth/yr (5Y)
−5.5%
Avg. growth/yr (23Y)
+10.7%
Revenue −10.8%/yr
FY21 4.5B TWD
FY22 3.9B TWD
FY23 3.0B TWD
FY24 2.6B TWD
FY25 2.9B TWD
Net income −10.5%/yr
FY21 350M TWD
FY22 336M TWD
FY23 158M TWD
FY24 131M TWD
FY25 225M TWD

8064 screens 76% overvalued. Compare with ASML Holding →

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Cite: Fair Value Calculator (2026). "Contrel Technology Co Fair Value". https://www.fairvalue-calculator.com/stock/8064

Peer Group

Semiconductor Equipment & Materials · 211 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 75 · Top 25%
Fair Value upside −76% · Bottom 25%
Return on equity (TTM) 11% · Above median
Return on assets 5% · Above median
Net margin (TTM) 13% · Above median
Operating margin (TTM) 4% · Below median
Revenue growth 30% · Above median
Dividend yield (TTM) 1.0% · Above median
Debt / equity 0.04× · Lower than median

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

P/E (TTM) 81.6× · Pricier than median
P/B 6.37× · Pricier than median
P/S (TTM) 6.78× · Pricier than median
P/FCF 1.1× · Cheaper than median
EV/EBITDA 36.2× · 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 0 · sector 0
FUTURE 100 · sector 58
PAST 45 · sector 30
HEALTH 98 · sector 96
DIVIDEND 19 · sector 16

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

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 Contrel Technology Co (8064) overvalued or undervalued?
As of Jul 23, 2026, our model estimates a fair value of 24.32 TWD versus a price of 103.00 TWD, about −76% (overvalued).
What is the fair value of 8064?
Our model-based fair value for Contrel Technology Co is 24.32 TWD (as of Jul 23, 2026), built from audited fundamentals. The current price is 103.00 TWD.
What is the quality score of 8064?
Contrel Technology Co has a Quality Score of 75/100. 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 Contrel Technology Co (8064)?
Contrel Technology Co reported trailing-twelve-month revenue of about 3.0B TWD (latest available figure, as of Jul 23, 2026).
What is the net profit margin of 8064?
The net profit margin of Contrel Technology Co is about 12.9%, meaning it keeps roughly 12.9% of revenue as net income. Based on the latest reported figures.
Does Contrel Technology Co pay a dividend?
Contrel Technology Co currently shows a dividend yield of about 0.83% 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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