CviLux Corp (8103) fair value: what the stock is really worth
As of Sep 24, 2026: fair value of CviLux Corp TWD 78.33, price TWD 123, upside -36.3%, quality 69 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Watch CviLux Corp for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.Watch for freePro now: $1 first month
CviLux Corporation manufactures and sells electronics components in Taiwan, rest of Asia, Europe, the Americas, and internationally.
Show more
CviLux Corporation manufactures and sells electronics components in Taiwan, rest of Asia, Europe, the Americas, and internationally. The company provides connectors, including IC socket, application tooling, and fiber optics, as well as board-to-board male and female header, coaxial, combo D-SUB, DVI, FFC/FPC, HDMI, IEEE 1394, LVDS, memory card, mini-DIN, power, ribbon cable, SIM card, serial ATA, telephone/modular jack, USB, wire to board crimp style, wire to board insulation displacement, wire to wire, and waterproof connectors. It also offers flexible flat cables, including FFC and LVDS cables; flexible printed circuits; cable assembly products, including IDC, type C, lightning, RF, fiber optical, HDMI, LVDS, and Fakra cables, as well as type C adapters and hubs; wiring harness, including industrial and automotive harness; printed circuit board assemblies; turnkey solution; and USB type C hub. It serves application of consumer electronics, computers, communication and electro-optical industries. CviLux Corporation was incorporated in 1990 and is headquartered in New Taipei City, Taiwan.
Stock analysis
CviLux Corp (8103) currently trades at 123.00 TWD, while our model-based Fair Value estimate is 78.33 TWD, implying the stock looks roughly 57.0% overvalued today.
Show more
Valuation
Bull case: the DCF Models group reads highest at a median of 99.12 TWD per share, and 3 of the 26 models we run sit above the 123.00 TWD price.
Bear case: the Earnings-Based group reads lowest at 22.26 TWD, and 23 of the 26 models stay below the price. Evidence for this calculation is high.
Scenario range: 68.34 TWD (bear) to 100.11 TWD (bull), the price of 123.00 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 69/100 (solid quality), in the Technology sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
CviLux Corp reported revenue of 3.4B TWD in FY2025 versus 4.2B TWD in FY2021, a compound −5.2%/yr. Reported net income was 339M TWD in FY2025, compounding 0.0%/yr from FY2021.
Key figures
Market cap 10.6B TWD (≈ $334M) · P/E ratio 31.5 · P/S ratio 3.18 · EPS (TTM) 3.90 TWD · Dividend yield 2.3% · Net margin 10.1% · Return on equity 9.4% · Return on assets (EBIT) 8.1%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 53 out of 100 (low confidence).
What moves the price
The share trades about 7% below its 52-week high and 143% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Technology peers we cover trades at −66% fair-value upside, at −36%, 8103 screens cheaper than that median.
Fair Value models
Bear 68.34 TWDFair Value 78.33 TWDBull 100.11 TWD
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then (0.8077 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.Evidence ⓘEvidence = 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.
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.40/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
+5.2%
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.
−3.4%
Revenue growth 5 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.
+1.4%
Start year 2020 (pandemic). Over 10 years: +2.8% a year
Revenue growth 23 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.
+9.1%
’14
’15
’16
’17
’18
’19
’20
’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.
+10.3%
Earnings growth per share plus dividend.
Earnings per share, growth per year+8.0%
Dividend (yield on the price)2.3%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.8% vs 3%, picking up
Profit margin 2020 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.12% → 13%
Start year 2020 (pandemic)
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).
+20.1%
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 +18.2% a year for the price.
Price, fair value, quality and upside side by side.
Free, no sign-up
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.Electronic Components · 654 stocks
Beats the industry median on 12/14 measures
Overall it ranks above its industry peers.
Valuation
Quality Score69 · Top 25%
Fair Value upside−36% · Above median
Profitability
Return on equity (TTM)9% · Above median
Return on assets5% · Top 25%
Net margin (TTM)10% · Top 25%
Operating margin (TTM)14% · Top 25%
Growth and dividend
Revenue growth23% · Top 25%
Dividend yield (TTM)2.3% · Above median
Balance sheet
Debt / equity0.01× · Lowest 25%
Valuation Multiplesvs Electronic Components median · lower = cheaper
P/E (TTM)31.5× · Cheaper than median
P/B2.80× · Pricier than median
P/S (TTM)3.01× · Pricier than median
P/FCF0.8× · Cheaper than median
EV/EBITDA12.2× · Cheaper than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 0
FUTURE (revenue growth)100· sector 38
PAST (return on equity)38· sector 26
HEALTH (low debt)99· sector 95
DIVIDEND (yield)46· sector 25
VALUE 0: the price sits above our fair-value range.
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). "CviLux Corp Fair Value". https://www.fairvalue-calculator.com/stock/8103
Frequently asked questions
Is CviLux Corp (8103) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of 78.33 TWD versus a price of 123.00 TWD, about −36% upside (overvalued).
What is the fair value of 8103?
Our model-based fair value for CviLux Corp is 78.33 TWD (as of Sep 24, 2026), built from audited fundamentals. The current price: 123.00 TWD.
What is the quality score of 8103?
CviLux Corp has a Quality Score of 69/100. 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 CviLux Corp (8103)?
Our model-based price target is the fair value of 78.33 TWD (as of Sep 24, 2026) from 26 valuation models. Cautious scenario 68.34 TWD, optimistic scenario 100.11 TWD. It is a calculation from audited fundamentals, not an analyst target.
What is the CviLux Corp stock forecast for 2026?
Our models put fair value at 78.33 TWD, about −36% upside versus a price of 123.00 TWD (overvalued). Cautious scenario 68.34 TWD, optimistic scenario 100.11 TWD. The calculation is refreshed regularly with new filings.
What is the revenue of CviLux Corp (8103)?
CviLux Corp reported trailing-twelve-month revenue of about 3.5B TWD (latest available figure, as of Sep 24, 2026).
Does CviLux Corp pay a dividend?
CviLux Corp currently shows a dividend yield of about 2.28% relative to its recent price (as of Sep 24, 2026).
What growth is priced into CviLux Corp (8103)?
For today's price to be fair in a discounted-cash-flow model, CviLux Corp would have to grow free cash flow by +20.1 % per year for five years (discount rate 14.2 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +1.4 % per year. As of Sep 24, 2026.
What discount rate (WACC) does the fair value of 8103 use?
Our models discount CviLux Corp at 14.2 %: a base by market capitalisation (micro), damped by beta 1.26, 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 CviLux Corp that is +20.1 % per year a year over ten years, using the same discount rate (14.2 %) and the same formula as our fair value.
How much growth has CviLux Corp (8103) delivered so far?
Over the past 5 years revenue at CviLux Corp grew +1.4 % a year. The price currently implies +20.1 % per year free-cash-flow growth a 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 CviLux Corp (8103) growing?
The median revenue growth in the sector is +4.7 % a year. That is the yardstick for the growth priced into CviLux Corp (+20.1 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of CviLux Corp (8103)?
The free-cash-flow yield on the price is 3.75 %: that much free cash flow CviLux Corp produces per unit of market value. When it exceeds the discount rate of our models (14.2 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of CviLux Corp (8103)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For CviLux Corp it is 78.33 TWD per share (as of Sep 24, 2026), against a price of 123.00 TWD. It is the blended result of 26 valuation models (cash flow, earnings, asset, dividend).
Is CviLux Corp stock overvalued or undervalued in 2026?
As of Sep 24, 2026, 8103 trades above its calculated fair value: price 123.00 TWD, fair value 78.33 TWD, a gap of about −36% (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 8103?
No. The price is what the market pays today (123.00 TWD); the fair value is what the company's own numbers justify (78.33 TWD). For CviLux Corp the two are 44.67 TWD per share apart. That gap is exactly why we show both numbers side by side.
How much is CviLux Corp worth?
The market values CviLux Corp at about 10.6B TWD (market capitalisation, as of Sep 24, 2026). Per share that is 123.00 TWD; our models calculate a fair value of 78.33 TWD per share.
What do the bullish and bearish scenarios say about 8103?
Our models span a range for CviLux Corp: cautious scenario 68.34 TWD, base 78.33 TWD, optimistic 100.11 TWD per share (as of Sep 24, 2026, price 123.00 TWD). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 8103?
CviLux Corp trades at a price-to-earnings ratio of 31.5 (as of Sep 24, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 78.33 TWD is built from several models across several years. Other multiples: P/B 2.8, P/S 3.0, EV/EBITDA 12.2.
How solid is the balance sheet of CviLux Corp (8103)?
Balance-sheet figures for CviLux Corp (as of Sep 24, 2026): return on equity 9.4%, debt of 0.01 per unit of equity. They feed the Quality Score of 69/100, which measures business quality independently of the share price.
How far is 8103 from its 52-week high?
CviLux Corp trades at 123.00 TWD, about 7% below its 52-week high of 132.00 TWD and 143% above the low of 50.70 TWD (as of Sep 24, 2026). Distance from the high says nothing about value: that is what the fair value of 78.33 TWD is for.
Which stocks are comparable to CviLux Corp?
From the same area (Technology) we also value Amphenol Corporation, Delta Electronics, Inc, Corning Incorporated, Hon Hai Precision Industry Co, 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 CviLux Corp stock attractive at the current price?
The data as of Sep 24, 2026: price 123.00 TWD, calculated fair value 78.33 TWD (−36%), Quality Score 69/100, 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 8103 calculated?
We run CviLux Corp through 26 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of 78.33 TWD, 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 14.0 % above its aggregate fair value. CviLux Corp 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 CviLux Corp (8103)?
The closing price on Sep 24, 2026 was 123.00 TWD. Our model-based fair value is 78.33 TWD, about −36% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with CviLux Corp right now?
The price sits above even our optimistic bull case (100.11 TWD). The favourable scenario is already priced in. Solid but not exceptional quality (69/100) and above fair value, neither a clear bargain nor a standout compounder.
Where does the earnings growth of CviLux Corp (8103) come from?
Earnings per share at CviLux Corp grew +1.5 % a year from 2014 to 2025. Broken into its drivers: revenue per share +0.9 %, EBIT margin +0.0 %, tax rate +0.8 %, residual (interest, one-offs) −0.1 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of CviLux Corp
How large is the market capitalisation of CviLux Corp (8103)?
The market capitalisation of CviLux Corp is 10.6B TWD (≈ $334M). 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 CviLux Corp (8103)?
The price-to-sales ratio of CviLux Corp is 3.18 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of CviLux Corp (8103)?
Earnings per share at CviLux Corp are 3.90 TWD (price ÷ EPS = P/E 31.5). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of CviLux Corp (8103)?
The dividend yield of CviLux Corp is 2.3% (payout 71.8%). 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 CviLux Corp (8103)?
The net margin of CviLux Corp is 10.1% (fiscal year 2025). 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 CviLux Corp (8103)?
The return on equity (ROE) of CviLux Corp is 9.4% (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 CviLux Corp (8103)?
On an EBIT basis the return on assets of CviLux Corp is 8.1% (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 CviLux Corp (8103)?
The operating margin of CviLux Corp is 14.2% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at CviLux Corp (8103)?
Revenue at CviLux Corp is growing +23.3% versus a year earlier (3y avg −3.4%). 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 CviLux Corp (8103)?
Earnings per share at CviLux Corp are growing +58.9% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does CviLux Corp (8103) hold?
CviLux Corp holds more cash than debt, 1.9B TWD net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
Free · no account needed
Watch CviLux Corp in the live analysis
One click puts CviLux Corp on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
