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Chang Wah Electromaterials Inc (8070) Fair Value & Analysis

Technology · TW · Market cap 33.4B TWD

CW Chang Wah Electromaterials Inc 8070 · TW
Price45.65 TWD
Fair Value20.33 TWD
Upside-55.5%
Quality52/100
Healthy Growth
Thin margins · 3.7% net margin
Low debt · generates free cash flow
5.80% dividend yield
Mixed vs. peers (6/14)
Narrow moat 34/100
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Evidence: Medium Range 15.25 TWD – 25.42 TWD Share as image

Fair value as of: Jul 21, 2026

From 24 valuation models · updated 9 days ago

Share price −14.5% over the past month.

What matters now

  • The price sits above even our optimistic bull case (25.42 TWD). The favourable scenario is already priced in.
  • Solid but not exceptional quality (52/100) and above fair value, neither a clear bargain nor a standout compounder.

Price vs Fair Value (12 months)

64.50 TWD 37.52 TWD Fair Value 20.33 TWD Jul 2025 Jul 2026

12‑month range 37.52 TWD – 64.50 TWD · fair‑value band 15.25 TWD – 25.42 TWD · the 45.65 TWD price screens above the 20.33 TWD fair value. As of Jul 21, 2026.

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Analysis

Chang Wah Electromaterials Inc (8070) currently trades at 45.65 TWD, while our model-based Fair Value estimate is 20.33 TWD, implying the stock looks roughly 55.5% overvalued today. We read business quality 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: medium).

Over the trailing twelve months, Chang Wah Electromaterials Inc generated revenue of 20.3B TWD at a net margin of 3.7%. Revenue grew 20.4% year over year. It earns a return on equity of 6.9%. Net debt stands at 4.8B TWD. Fundamentals as of Jul 21, 2026

Our scenario range runs from 15.25 TWD (bear case) to 25.42 TWD (bull case); at 45.65 TWD, the current price sits above that range. The share trades about 31% below its 52-week high and 23% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at -34% fair-value upside, at -55%, 8070 screens richer than that median.

Key figures & financial health

Revenue (TTM) 20.3B TWD
Revenue growth (YoY) +20.4%
Net margin 3.7%
Return on equity 6.9%
Free cash flow 1.7B TWD FY2025
P/E ratio 46.4
More key figures
Operating margin 12.1%
EPS (TTM) 1.02 TWD
Dividend yield 5.8%
EPS growth (YoY) +8.5%
Net debt 4.8B TWD FY2025

Figures from reported company fundamentals · as of Jul 21, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 52/100
Profitability 25
Quality Growth 34
Cashflow 63
Fin. Strength 66
Investment 57
Low Volatility 69
Momentum 50
52W Momentum 39
Net Issuance 77

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

Chang Wah Electromaterials Inc. engages in trading of electrical, telecommunication, and semiconductor materials and parts in Taiwan, Asia, and internationally.

Full company description

Chang Wah Electromaterials Inc. engages in trading of electrical, telecommunication, and semiconductor materials and parts in Taiwan, Asia, and internationally. It offers various IC packaging materials, including EME, lead frame, laminated substrate, CRM, FCCSP/FCBGA substrate, release film, cover and UV tape, low CTE core and prepreg material, and dummy and monitor wafer; IC/LED packaging equipment, such as auto molding, trim and form, and full auto mold equipment, as well as fluid dispensing systems. The company also provides EMC LED lead frames; light guide plate and fine pitch FPC; and solar power systems. In addition, it is involved in import, export trading, leasing, manufacturing, and selling of electrical appliances, telecommunications equipment, and mechanical parts; and retailing of synthetic resin, and electronic materials and components. The company"s products are used for PC peripherals, consumer electronics, network and telecom, mobile devices, automotive, opto-electronic, and energy applications. It sells its products under the Sumitomo Bakelite brand. Chang Wah Electromaterials Inc. was incorporated in 1989 and is headquartered in Kaohsiung, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Chang Wah Electromaterials Inc reported revenue of 19.4B TWD in FY2025 versus 20.7B TWD in FY2021, a compound −1.6%/yr. Reported net income was 716M TWD in FY2025, compounding −26.8%/yr from FY2021.

Revenue −1.6%/yr
FY21 20.7B TWD
FY22 21.9B TWD
FY23 16.5B TWD
FY24 17.2B TWD
FY25 19.4B TWD
Net income −26.8%/yr
FY21 2.5B TWD
FY22 3.6B TWD
FY23 1.5B TWD
FY24 1.6B TWD
FY25 716M TWD

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Cite: Fair Value Calculator (2026). "Chang Wah Electromaterials Inc Fair Value". https://www.fairvalue-calculator.com/stock/8070

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 / 17
FUTURE 100 / 57
PAST 27 / 36
HEALTH 76 / 98
DIVIDEND 100 / 39

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.

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Unisplendour Corporation 000938 ¥27.87 ¥20.17 -28%
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Avnet, Inc AVT $85.39 $45.82 -46%
WPG Holdings 3702 108.00 TWD 120.36 TWD +11%
Shenzhen Huaqiang Industry Co 000062 ¥31.12 ¥8.24 -74%
Synnex Technology International Corporation 2347 90.20 TWD 86.30 TWD -4%
Nanjing Sunlord Electronics Corporation 300975 ¥40.19 ¥6.51 -84%
Beijing Tricolor Technology Co 603516 ¥141.29 ¥20.90 -85%

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Frequently asked questions

Is Chang Wah Electromaterials Inc (8070) overvalued or undervalued?
As of Jul 21, 2026, our model estimates a fair value of 20.33 TWD versus a price of 45.65 TWD, about −55% (overvalued).
What is the fair value of 8070?
Our model-based fair value for Chang Wah Electromaterials Inc is 20.33 TWD (as of Jul 21, 2026), built from audited fundamentals. The current price is 45.65 TWD.
What is the quality score of 8070?
Chang Wah Electromaterials Inc has a Quality Score of 52/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Chang Wah Electromaterials Inc (8070)?
Chang Wah Electromaterials Inc reported trailing-twelve-month revenue of about 20.3B TWD (latest available figure, as of Jul 21, 2026).
What is the net profit margin of 8070?
The net profit margin of Chang Wah Electromaterials Inc is about 3.7%, meaning it keeps roughly 3.7% of revenue as net income. Based on the latest reported figures.
Does Chang Wah Electromaterials Inc pay a dividend?
Chang Wah Electromaterials Inc currently shows a dividend yield of about 4.61% relative to its recent price (as of Jul 21, 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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