EN DE

Tatung System Technologies Inc (8099) Fair Value & Analysis

Technology · TW · Market cap 5.8B TWD

TS Tatung System Technologies Inc 8099 · TWO
Price58.10 TWD
Fair Value50.52 TWD
Upside-13.1%
Quality66/100
Watch Tatung System Technologies Inc for free, get notified when fair value or trend changes. Watch for free
Healthy Growth
Thin margins · 5.6% net margin
generates free cash flow
3.61% dividend yield
Ranks above peers (8/13)
Moderate moat 51/100
Evidence: High Range 37.06 TWD – 63.15 TWD Share as image

Fair value as of: Jul 23, 2026

From 25 valuation models · updated 18 days ago

Share price −3.5% over the past month.

A solid business, but screening 13% overvalued on our models.

What matters now

  • Solid but not exceptional quality (66/100) and above fair value, neither a clear bargain nor a standout compounder.
  • Our model range runs from 37.06 TWD (bear) to 63.15 TWD (bull), base 50.52 TWD. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 66/100 (solid quality) with high evidence: the data supports the verdict.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

106.80 TWD 19.57 TWD Fair Value 50.52 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 19.57 TWD – 106.80 TWD · fair‑value band 37.06 TWD – 63.15 TWD · the 58.10 TWD price screens above the 50.52 TWD fair value. Dashed = 300-day average. As of Jul 23, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Tatung System Technologies Inc (8099) currently trades at 58.10 TWD, while our model-based Fair Value estimate is 50.52 TWD, implying the stock looks roughly 13.1% overvalued today. The Quality Score stands at 66/100 (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, Tatung System Technologies Inc generated revenue of 5.3B TWD at a net margin of 5.6%. Revenue grew 28.3% year over year. It earns a return on equity of 17.6%. The balance sheet holds a net cash position of 545M TWD. Fundamentals as of Jul 23, 2026

Our scenario range runs from 37.06 TWD (bear case) to 63.15 TWD (bull case); at 58.10 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 32% below its 52-week high and 1% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -25% fair-value upside, at -13%, 8099 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 16.58 TWD 21.36 TWD 54.10 TWD 76
Growth DCF 32.68 TWD 42.03 TWD 54.17 TWD 72
Gordon GGM 6.22 TWD 9.90 TWD 13.89 TWD 70
All 25 models by family
DCF Models
FCF DCF 32.01 TWD 42.07 TWD 55.69 TWD 38
Owner Earnings 39.64 TWD 52.77 TWD 70.55 TWD 31
5Y Revenue Exit 32.74 TWD 45.99 TWD 62.23 TWD 39
5Y EBITDA Exit 37.02 TWD 53.55 TWD 71.91 TWD 41
5Y P/E Exit 37.04 TWD 53.59 TWD 69.95 TWD 38
10Y Revenue Exit 31.46 TWD 43.02 TWD 57.15 TWD 36
10Y EBITDA Exit 34.83 TWD 48.00 TWD 64.01 TWD 37
10Y P/E Exit 34.84 TWD 48.02 TWD 62.62 TWD 35
Earnings-Based
Graham-Dodd 17.18 TWD 38.73 TWD 49.56 TWD 54
PEG = 1.0 6.35 TWD 9.07 TWD 11.79 TWD 46
EPV 31.00 TWD 34.78 TWD 38.05 TWD 59
Dividend Discount
Gordon GGM 6.22 TWD 9.90 TWD 13.89 TWD 70
DDM Multi-Stage 6.22 TWD 8.93 TWD 11.85 TWD 61
Multiples
P/E Multiple 37.89 TWD 50.52 TWD 63.15 TWD 63
P/S Multiple 32.21 TWD 42.95 TWD 53.68 TWD 58
P/B Multiple 32.21 TWD 42.95 TWD 53.68 TWD 55
EV/EBIT 48.52 TWD 62.35 TWD 76.18 TWD 53
EV/EBITDA 44.88 TWD 57.50 TWD 70.12 TWD 54
EV/Revenue 34.99 TWD 46.98 TWD 58.97 TWD 43
Asset-Based
NCAV (Graham) 8.42 TWD 11.28 TWD 16.84 TWD 50
Growth DCF
Growth DCF 32.68 TWD 42.03 TWD 54.17 TWD 72
Rev-Margin DCF 32.74 TWD 46.27 TWD 60.63 TWD 67
Economic Profit
Residual Income 16.58 TWD 21.36 TWD 54.10 TWD 76
ROIC Compounder 31.85 TWD 36.90 TWD 42.06 TWD 67
Growth Earnings
Growth-Adj P/E 28.44 TWD 40.63 TWD 52.81 TWD 68

Widest divergence: DCF Models (48.00 TWD) versus Dividend Discount (8.93 TWD). Highest evidence: Residual Income (76).

Notify me when 8099 reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Revenue (TTM) 5.3B TWD
Revenue growth (YoY) +28.3%
Net margin 5.6%
Return on equity 17.6%
Free cash flow 248M TWD FY2025
P/E ratio 23.1
More key figures
Operating margin 7.6%
EPS (TTM) 2.52 TWD
Dividend yield 3.6%
EPS growth (YoY) +99.3%
Net cash 545M TWD FY2023

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

Quality Score breakdown

Overall quality 66/100

Of which business quality 65 · Market factors (momentum, volatility) 39

Profitability 58
Margins and returns on capital today
Quality Growth 54
Are margins and returns improving?
Cashflow 49
Earnings quality: real cash, not paper profit
Fin. Strength 86
Balance sheet, leverage, solvency risk
Investment 87
Disciplined investing over empire-building
Low Volatility 77
Calm price path (market factor)
Momentum 26
Price trend over the last 3–12 months (market factor)
52W Momentum 17
Distance to the 52-week high (market factor)
Net Issuance 61
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

Tatung System Technologies Inc. engages in the design, research and development, and sale of computers, communication, network security, and other related software and hardware.

Full company description

Tatung System Technologies Inc. engages in the design, research and development, and sale of computers, communication, network security, and other related software and hardware. The company offers TSTI OneAi solution, which integrates AI computing architecture, data management, AI agents, and manufacturing quality inspection assistants to allow enterprises to build AI agents; and the AIoT Smart Restroom, which provides a one-stop solution for restroom security and user experience management. It also provides ticc on cloud contact center; Helion CloudSystem Foundation, which provides private cloud infrastructure-as-a-service (IaaS) configuration and resource lifecycle management with OpenStack technology as the core; Helion CloudSystem Enterprise, which includes cloud service automation. In addition, the company offers TSTI AIoT smart toilet solution; TSTI ESG zero carbon integrated management system; IoT event triggering management platform; 5G transportation intelligent real-time monitoring platform; TSTI omni-channel intelligent contact center; and smart health care solutions comprising medical big data integration, AI medical image recognition system, and smart medical services. It serves telecommunication, financial holdings, manufacturing, media, retail, government, military, universities, and research organizations sectors. The company was founded in 1990 and is based in Taipei, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Tatung System Technologies Inc reported revenue of 5.0B TWD in FY2025 versus 4.3B TWD in FY2021, a compound +4.1%/yr. Reported net income was 253M TWD in FY2025, compounding +9.1%/yr from FY2021.

Growth Quality 64/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
5.0B TWD
Latest YoY
+27.5%
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.
+4.9%
Avg. growth/yr (5Y) 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.
+3.2%
Avg. growth/yr (16Y) 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.
+2.8%
Revenue +4.1%/yr
FY21 4.3B TWD
FY22 4.3B TWD
FY23 4.2B TWD
FY24 3.9B TWD
FY25 5.0B TWD
Net income +9.1%/yr
FY21 178M TWD
FY22 178M TWD
FY23 188M TWD
FY24 204M TWD
FY25 253M TWD
Character of growth · EPS growth decomposed (2012-2023) +4.4 % p.a.
Revenue per share +0.9 pp

of which total revenue +3.4 pp · buybacks/dilution −2.4 pp

EBIT margin +5.9 pp
Tax rate −0.4 pp
Residual (interest, one-offs) −2.1 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

8099 screens 13% overvalued. Compare with International Business Machines Corporation →

Share or link this analysis
For bloggers & editors: embed code + live data

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.

Cite: Fair Value Calculator (2026). "Tatung System Technologies Inc Fair Value". https://www.fairvalue-calculator.com/stock/8099

Peer Group

Information Technology Services · 475 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 66 · Top 25%
Fair Value upside −13% · Below median
Return on equity (TTM) 18% · Top 25%
Return on assets 7% · Above median
Net margin (TTM) 6% · Above median
Operating margin (TTM) 8% · Above median
Revenue growth 28% · Top 25%
Dividend yield (TTM) 3.6% · Above median

Valuation Multiples vs Information Technology Services median · lower = cheaper

P/E (TTM) 23.1× · Pricier than median
P/B 3.46× · Pricier than median
P/S (TTM) 1.11× · Pricier than median
P/FCF 0.7× · Cheaper than median
EV/EBITDA 13.4× · 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 16 · sector 21
FUTURE 100 · sector 31
PAST 71 · sector 37
HEALTH 0 · sector 97
DIVIDEND 72 · sector 37

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 Information Technology Services stocks, each showing price versus our Fair Value estimate (as of Jul 23, 2026).

Stock Price Fair Value vs Fair Value
International Business Machines Corporation IBM $235.92 $143.90 -39%
Accenture plc ACNN 2,460 MXN 250.95 MXN -90%
Infosys Limited INFY ₹1,156 ₹1,457 +26%
HCL Technologies Limited HCLTECH ₹1,204 ₹1,230 +2%
Wipro Limited WIPRO ₹178.43 ₹226.81 +27%
Tech Mahindra Limited TECHM ₹1,455 ₹1,086 -25%
Samsung SDS Co 018260 199,300 KRW 196,390 KRW -1%
Persistent Systems Limited PERSISTENT ₹5,059 ₹2,364 -53%
Hyundai Autoever Corporation 307950 393,000 KRW 133,088 KRW -66%
Coforge Limited COFORGE ₹1,541 ₹702.84 -54%

Compare Tatung System Technologies Inc with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Technology stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is Tatung System Technologies Inc (8099) overvalued or undervalued?
As of Jul 23, 2026, our model estimates a fair value of 50.52 TWD versus a price of 58.10 TWD, about −13% (overvalued).
What is the fair value of 8099?
Our model-based fair value for Tatung System Technologies Inc is 50.52 TWD (as of Jul 23, 2026), built from audited fundamentals. The current price is 58.10 TWD.
What is the quality score of 8099?
Tatung System Technologies Inc has a Quality Score of 66/100. 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 Tatung System Technologies Inc (8099)?
Tatung System Technologies Inc reported trailing-twelve-month revenue of about 5.3B TWD (latest available figure, as of Jul 23, 2026).
What is the net profit margin of 8099?
The net profit margin of Tatung System Technologies Inc is about 5.6%, meaning it keeps roughly 5.6% of revenue as net income. Based on the latest reported figures.
Does Tatung System Technologies Inc pay a dividend?
Tatung System Technologies Inc currently shows a dividend yield of about 3.49% 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.

14 days Pro free · no card

Track Tatung System Technologies Inc and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.