Walton Advanced Engineering Inc (8110) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Walton Advanced Engineering Inc stock TWD 22.21, price TWD 33.85, that is 34.4% below the price, quality 55 out of 100. Rating: overvalued. Calculated from audited financials with 20 of our 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
60‑month range 10.15 TWD – 88.00 TWD · fair‑value band 16.57 TWD – 30.69 TWD · the 33.85 TWD price screens above the 22.21 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. As of Nov 6, 2026.
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Walton Advanced Engineering, Inc., together with its subsidiaries, provides semiconductor packaging and testing services in Taiwan and China. The company was formerly known as Walsin Advanced Engineering, Inc. and changed its name to Walton Advanced Engineering, Inc. in July 2002.
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Walton Advanced Engineering, Inc. was founded in 1995 and is headquartered in Kaohsiung, Taiwan.
Stock analysis
Walton Advanced Engineering Inc (8110) currently trades at 33.85 TWD, while our model-based Fair Value estimate is 22.21 TWD, 34% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of 51.13 TWD per share, and 6 of the 20 models we run sit above the 33.85 TWD price.
Bear case: the Asset-Based group reads lowest at 6.04 TWD, and 14 of the 20 models stay below the price. Data coverage for this calculation is high.
Scenario range: 16.57 TWD (bear) to 30.69 TWD (bull), the price of 33.85 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 55/100 (solid quality), in the Technology sector.
Mixed Growth: Spin-off in 2010: revenue and profit before it include the divested business. Growth is measured afresh from 2010.
Walton Advanced Engineering Inc reported revenue of 7.3B TWD in FY2025 versus 8.1B TWD in FY2021, a compound −2.6%/yr. Reported net income was 1.3B TWD in FY2025, compounding +80.3%/yr from FY2021.
Key figures
Market cap 17.2B TWD (≈ $525M) Small · P/E ratio 6.2 · P/S ratio 2.21 · EPS (TTM) 5.50 TWD · Dividend yield 4.4% · Net margin 36.1% · Return on equity 18.6% · Return on assets (EBIT) 0.4% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 57 out of 100 (low confidence).
What moves the price
The share trades about 62% below its 52-week high and 29% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Technology peers we cover trades at −2% fair-value upside, at −34%, 8110 screens richer than that median.
Fair Value models
Bear16.57 TWDFair Value 22.21 TWDBull30.69 TWD
Price 33.85 TWD · Downside -34.4%
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 (3.42 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.
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.55/100
Spin-off in 2010: revenue and profit before it include the divested business. Growth is measured afresh from 2010.
Revenue growth 1 year
−6.9%
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.
−8.4%
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.
+4.2%
Start year 2020 (pandemic). Over 10 years: −0.8% a year
Revenue growth 15 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%
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What shareholders gained per year (last 5 years), in TWD (mathematically smoothed) ⓘ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. Smoothed = median of all growth paths between the years of the window (trend line on the logarithm of earnings per share): a single extreme year cannot distort the rate. The reported figure stays in the tooltip. 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.
≈ +22.0%
Earnings growth per share plus dividend.
Earnings per share, growth per year≈ +17.6%
Dividend (yield on the price)4.4%
Per share before 2010divided by the spin-off factor 1.0204
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.base effect: 50.0% / 10.4%
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.5% → −4%
2025 sits 776% above its own trend. The rate follows the median trend of the last 5 years, not that single year.
⚠ Revenue per share shrinking 2.1%/yr over ~10Y (margins eroding too) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
⚠ Base effect: the rate starts in the earnings trough around 2020 (starting value 0.33 per share, median 0.85 in 2015 to 2018). It measures the recovery from the trough, not lasting growth.
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).
+72.5%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
Calculated on free cash flow for fiscal year 2025. Over the last twelve months it was negative, so the figure above is uncertain.
After inflation (Taiwan: IMF forecast 1.6% a year to 2030, 1.5% from 2016 to 2025) that is about +69.8% a year for the price.
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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.Semiconductor Equipment & Materials · 235 stocks
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 Walton Advanced Engineering Inc (8110) overvalued or undervalued?
As of Nov 6, 2026, our model estimates a fair value of 22.21 TWD versus a price of 33.85 TWD, about 34% lower (overvalued).
What is the fair value of 8110?
Our model-based fair value for Walton Advanced Engineering Inc is 22.21 TWD (as of Nov 6, 2026), built from audited fundamentals. The current price: 33.85 TWD.
What is the quality score of 8110?
Walton Advanced Engineering Inc has a Quality Score of 55/100. 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 Walton Advanced Engineering Inc (8110)?
Our model-based price target is the fair value of 22.21 TWD (as of Nov 6, 2026) from 20 valuation models. Cautious scenario 16.57 TWD, optimistic scenario 30.69 TWD. It is a calculation from audited fundamentals, not an analyst target.
What is the Walton Advanced Engineering Inc stock forecast for 2026?
Our models put fair value at 22.21 TWD, about 34% lower versus a price of 33.85 TWD (overvalued). Cautious scenario 16.57 TWD, optimistic scenario 30.69 TWD. The calculation is refreshed regularly with new filings.
What is the revenue of Walton Advanced Engineering Inc (8110)?
Walton Advanced Engineering Inc reported trailing-twelve-month revenue of about 7.8B TWD (latest available figure, as of Nov 6, 2026).
Does Walton Advanced Engineering Inc pay a dividend?
Walton Advanced Engineering Inc currently shows a dividend yield of 4.43% relative to its recent price (as of Nov 6, 2026).
How much is the dividend of Walton Advanced Engineering Inc (8110) and when is the ex-dividend date?
Walton Advanced Engineering Inc pays a dividend of 1.50 TWD per share a year, a dividend yield of 4.4%. The last ex-dividend date was Jul 9, 2026. The payout ratio is 27.3% of earnings. Free cash flow covers the dividend 0.08 times. Our assessment: Watch coverage. The dividend isn’t fully covered by free cash flow or earnings, part of it is funded from reserves or debt. Fine for now, but worth watching: if it stays uncovered, the dividend could be cut.
What growth is priced into Walton Advanced Engineering Inc (8110)?
For today's price to be fair in a discounted-cash-flow model, Walton Advanced Engineering Inc would have to grow free cash flow by +72.5 % per year for five years (discount rate 12.8 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +4.2 % per year. Calculated on free cash flow for fiscal year 2025. Over the last twelve months it was negative, so the figure above is uncertain. As of Nov 6, 2026.
What discount rate (WACC) does the fair value of 8110 use?
Our models discount Walton Advanced Engineering Inc at 12.8 %: a base by market capitalisation (small), damped by beta 1.36, 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 Walton Advanced Engineering Inc that is +72.5 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (12.8 %) and the same formula as our fair value.
How much growth has Walton Advanced Engineering Inc (8110) delivered so far?
Over the past 5 years revenue at Walton Advanced Engineering Inc grew +4.2 % a year. The price currently implies free-cash-flow growth of +72.5 % 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 Walton Advanced Engineering Inc (8110) growing?
The median revenue growth in the sector is +11.5 % a year. That is the yardstick for the growth priced into Walton Advanced Engineering Inc (+72.5 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Walton Advanced Engineering Inc (8110)?
The free-cash-flow yield on the price is 0.35 % in the last fiscal year (free cash flow was negative over the last twelve months): that much free cash flow Walton Advanced Engineering Inc produces per unit of market value. When it exceeds the discount rate of our models (12.8 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Walton Advanced Engineering Inc (8110)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Walton Advanced Engineering Inc it is 22.21 TWD per share (as of Nov 6, 2026), against a price of 33.85 TWD. It is the blended result of 20 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Walton Advanced Engineering Inc stock overvalued or undervalued in 2026?
As of Nov 6, 2026, 8110 trades above its calculated fair value: price 33.85 TWD, fair value 22.21 TWD, a gap of about −34% (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 8110?
No. The price is what the market pays today (33.85 TWD); the fair value is what the company's own numbers justify (22.21 TWD). For Walton Advanced Engineering Inc the two are 11.64 TWD per share apart. That gap is exactly why we show both numbers side by side.
How much is Walton Advanced Engineering Inc worth?
The market values Walton Advanced Engineering Inc at about 17.2B TWD (market capitalisation, as of Nov 6, 2026). Per share that is 33.85 TWD; our models calculate a fair value of 22.21 TWD per share.
What do the bullish and bearish scenarios say about 8110?
Our models span a range for Walton Advanced Engineering Inc: cautious scenario 16.57 TWD, base 22.21 TWD, optimistic 30.69 TWD per share (as of Nov 6, 2026, price 33.85 TWD). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 8110?
Walton Advanced Engineering Inc trades at a price-to-earnings ratio of 6.2 (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 22.21 TWD is built from several models across several years. Median P/E at fiscal year-end, 9 fiscal years (2016 to 2025), reported earnings: 29.3. Other multiples: PEG 0.5, P/B 1.4, P/S 2.2, EV/EBITDA 9.3.
What is the PEG ratio of 8110?
The PEG ratio of Walton Advanced Engineering Inc is 0.49 (P/E divided by earnings growth, as of Nov 6, 2026). That is below 1, so growth is priced more cheaply than the earnings multiple alone suggests.
How solid is the balance sheet of Walton Advanced Engineering Inc (8110)?
Balance-sheet figures for Walton Advanced Engineering Inc (as of Nov 6, 2026): return on equity 18.6%, debt of 0.06 per unit of equity. They feed the Quality Score of 55/100, which measures business quality independently of the share price.
How far is 8110 from its 52-week high?
Walton Advanced Engineering Inc trades at 33.85 TWD, about 62% below its 52-week high of 88.00 TWD and 29% above the low of 26.25 TWD (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 22.21 TWD is for.
Which stocks are comparable to Walton Advanced Engineering Inc?
From the same area (Technology) we also value ASML Holding, Applied Materials, Inc, Lam Research Corporation, KLA Corporation, 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 Walton Advanced Engineering Inc stock attractive at the current price?
The data as of Nov 6, 2026: price 33.85 TWD, calculated fair value 22.21 TWD (−34%), Quality Score 55/100, from 20 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 8110 calculated?
We run Walton Advanced Engineering Inc through 20 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 22.21 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 13.0% above its aggregate fair value. Walton Advanced Engineering Inc 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 Walton Advanced Engineering Inc (8110)?
The closing price on Nov 6, 2026 was 33.85 TWD. Our model-based fair value is 22.21 TWD, about 34% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Walton Advanced Engineering Inc right now?
The price sits above even our optimistic bull case (30.69 TWD). The favourable scenario is already priced in. Solid but not exceptional quality (55/100) and above fair value, neither a clear bargain nor a standout compounder. A fairly wide model range (16.57 TWD to 30.69 TWD) leaves room in how you read the outcome.
Key figures of Walton Advanced Engineering Inc
How large is the market capitalisation of Walton Advanced Engineering Inc (8110)?
The market capitalisation of Walton Advanced Engineering Inc is 17.2B TWD (≈ $525M). 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 Walton Advanced Engineering Inc (8110)?
The price-to-sales ratio of Walton Advanced Engineering Inc is 2.21 (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 Walton Advanced Engineering Inc (8110)?
Earnings per share at Walton Advanced Engineering Inc are 5.50 TWD (price ÷ EPS = P/E 6.2). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Walton Advanced Engineering Inc (8110)?
The dividend yield of Walton Advanced Engineering Inc is 4.4% (payout 27.3%). 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 Walton Advanced Engineering Inc (8110)?
The net margin of Walton Advanced Engineering Inc is 36.1% (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 Walton Advanced Engineering Inc (8110)?
The return on equity (ROE) of Walton Advanced Engineering Inc is 18.6% (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 Walton Advanced Engineering Inc (8110)?
On an EBIT basis the return on assets of Walton Advanced Engineering Inc is 0.4% (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 Walton Advanced Engineering Inc (8110)?
The operating margin of Walton Advanced Engineering Inc is 0.2% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Walton Advanced Engineering Inc (8110)?
Revenue at Walton Advanced Engineering Inc is growing +17.0% versus a year earlier (3y avg −8.4%). 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 Walton Advanced Engineering Inc (8110)?
Earnings per share at Walton Advanced Engineering Inc are growing +132% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Walton Advanced Engineering Inc (8110) hold?
Walton Advanced Engineering Inc holds more cash than debt, 713M TWD net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
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Broad data
Nov 6, 2026