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Apacer Technology Inc (8271) Fair Value & Analysis

Technology · TW · Market cap 23.6B TWD

AT Apacer Technology Inc 8271 · TW
Price235.50 TWD
Fair Value75.24 TWD
Upside-68.1%
Quality57/100
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Mixed Growth
Solidly profitable · 16.3% net margin
Low debt · negative free cash flow
2.37% dividend yield
Ranks above peers (11/13)
Wide moat 81/100
Evidence: High Range 65.75 TWD – 132.31 TWD Share as image

Fair value as of: Jul 21, 2026

From 15 valuation models · updated 19 days ago

Fair value updated Jul 21, 2026, revised from 75.76 TWD to 75.24 TWD (−0.7%) since Jul 12, 2026. Share price +30.1% over the past month.

A solid business, but screening 68% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (132.31 TWD). The favourable scenario is already priced in.
  • Solid but not exceptional quality (57/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (65.75 TWD to 132.31 TWD) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

260.50 TWD 32.97 TWD Fair Value 75.24 TWD Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 21, 2026.

How to read this chart

60‑month range 32.97 TWD – 260.50 TWD · fair‑value band 65.75 TWD – 132.31 TWD · the 235.50 TWD price screens above the 75.24 TWD fair value. Dashed = 300-day average. As of Jul 21, 2026.

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Analysis

Apacer Technology Inc (8271) currently trades at 235.50 TWD, while our model-based Fair Value estimate is 75.24 TWD, implying the stock looks roughly 68.1% overvalued today. The Quality Score stands at 57/100 (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, Apacer Technology Inc generated revenue of 16.1B TWD at a net margin of 16.3%. Revenue grew 243.7% year over year. It earns a return on equity of 48.8%. Net debt stands at 844M TWD. Fundamentals as of Jul 21, 2026

Our scenario range runs from 65.75 TWD (bear case) to 132.31 TWD (bull case); at 235.50 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 13% below its 52-week high and 378% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at -67% fair-value upside, at -68%, 8271 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
Residual Income 44.09 TWD 57.98 TWD 184.62 TWD 76
ROIC Compounder 69.11 TWD 81.54 TWD 94.01 TWD 72
Gordon GGM 17.99 TWD 23.54 TWD 29.19 TWD 70
All 15 models by family
DCF Models
Owner Earnings 78.56 TWD 105.13 TWD 152.18 TWD 31
Earnings-Based
Graham-Dodd 45.63 TWD 82.15 TWD 101.33 TWD 54
EPV 67.76 TWD 77.98 TWD 86.91 TWD 59
Dividend Discount
Gordon GGM 17.99 TWD 23.54 TWD 29.19 TWD 70
DDM Multi-Stage 17.99 TWD 24.59 TWD 32.52 TWD 61
Multiples
P/E Multiple 100.66 TWD 134.22 TWD 167.77 TWD 63
P/S Multiple 85.57 TWD 114.09 TWD 142.61 TWD 58
P/B Multiple 85.57 TWD 114.09 TWD 142.61 TWD 55
EV/EBIT 114.40 TWD 150.36 TWD 186.33 TWD 53
EV/EBITDA 90.87 TWD 118.99 TWD 147.12 TWD 54
EV/Revenue 79.23 TWD 110.40 TWD 141.57 TWD 43
Asset-Based
NCAV (Graham) 19.64 TWD 26.31 TWD 39.28 TWD 50
Economic Profit
Residual Income 44.09 TWD 57.98 TWD 184.62 TWD 76
ROIC Compounder 69.11 TWD 81.54 TWD 94.01 TWD 72
Growth Earnings
Growth-Adj P/E 71.24 TWD 101.78 TWD 132.31 TWD 68

Widest divergence: Multiples (114.09 TWD) versus Dividend Discount (23.54 TWD). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) 16.1B TWD
Revenue growth (YoY) +244%
Net margin 16.3%
Return on equity 48.8%
Free cash flow −2.2B TWD FY2025
P/E ratio 9.8
More key figures
Operating margin 32.9%
EPS (TTM) 20.02 TWD
Dividend yield 2.2%
EPS growth (YoY) +1,857%
Net debt 844M TWD FY2025

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

Quality Score breakdown

Overall quality 57/100

Of which business quality 52 · Market factors (momentum, volatility) 68

Profitability 60
Margins and returns on capital today
Quality Growth 80
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 79
Balance sheet, leverage, solvency risk
Investment 63
Disciplined investing over empire-building
Low Volatility 25
Calm price path (market factor)
Momentum 84
Price trend over the last 3–12 months (market factor)
52W Momentum 92
Distance to the 52-week high (market factor)
Net Issuance 39
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

Apacer Technology Inc. researches, designs, develops, manufactures, processes, repair, and sells memory modules and storage memory devices in Taiwan, Hong Kong, Mainland China, the United States, Japan, and internationally.

Full company description

Apacer Technology Inc. researches, designs, develops, manufactures, processes, repair, and sells memory modules and storage memory devices in Taiwan, Hong Kong, Mainland China, the United States, Japan, and internationally. The company offers solid-state drive (SSD) products, such as PCIe SSD, SATA/PATA, industrial USB and card, eMMC, and specialty SSD products; and dynamic random access memory (DRAM) products, including embedded memory, server/workstation, low profile, wide temperature, anti-sulfuration, lead-free, and rugged memory for rugged system, factory automation, casino gaming, healthcare, server and networking, transportation, surveillance, and retail devices applications. It also provides personal and business products comprising memory card, flash drive, and external storage, and eMMC; and gaming and smart IoT products. Apacer Technology Inc. was incorporated in 1997 and is headquartered in New Taipei City, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Apacer Technology Inc reported revenue of 11.1B TWD in FY2025 versus 8.7B TWD in FY2021, a compound +6.4%/yr. Reported net income was 860M TWD in FY2025, compounding +15.3%/yr from FY2021.

Growth Quality 49/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
11.1B TWD
Latest YoY
+41.9%
Avg. growth/yr (3Y)
+8.1%
Avg. growth/yr (5Y)
+9.2%
Avg. growth/yr (22Y)
+1.1%
Revenue +6.4%/yr
FY21 8.7B TWD
FY22 8.8B TWD
FY23 7.6B TWD
FY24 7.8B TWD
FY25 11.1B TWD
Net income +15.3%/yr
FY21 486M TWD
FY22 559M TWD
FY23 553M TWD
FY24 279M TWD
FY25 860M TWD

8271 screens 68% overvalued. Compare with NVIDIA Corporation →

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Cite: Fair Value Calculator (2026). "Apacer Technology Inc Fair Value". https://www.fairvalue-calculator.com/stock/8271

Peer Group

Semiconductors · 319 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 57 · Above median
Fair Value upside −68% · Below median
Return on equity (TTM) 49% · Top 25%
Return on assets 18% · Top 25%
Net margin (TTM) 16% · Above median
Operating margin (TTM) 33% · Top 25%
Revenue growth 244% · Top 25%
Dividend yield (TTM) 2.4% · Top 25%
Debt / equity 0.00× · Lower than median

Valuation Multiples vs Semiconductors median · lower = cheaper

P/E (TTM) 9.2× · Cheaper than 75% of peers
P/B 4.68× · Pricier than median
P/S (TTM) 1.46× · Cheaper than median
EV/EBITDA 6.9× · Cheaper than 75% of peers

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 60
PAST 100 · sector 24
HEALTH 100 · sector 97
DIVIDEND 47 · sector 22

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 Semiconductors stocks, each showing price versus our Fair Value estimate (as of Jul 21, 2026).

Stock Price Fair Value vs Fair Value
NVIDIA Corporation NVDA $211.80 $96.91 -54%
Taiwan Semiconductor Manufacturing Company TSM $398.37 $207.49 -48%
Broadcom Inc 1AVGO €367.75 €121.25 -67%
Micron Technology, Inc 1MU €784.90 €185.67 -76%
SK hynix Inc 000660 2,082,000 KRW 1,109,311 KRW -47%
Advanced Micro Devices, Inc 1AMD €425.20 €56.33 -87%
Intel Corporation INTC C$68.40 C$9.82 -86%
Texas Instruments Incorporated TXN $311.46 $59.75 -81%
MediaTek Inc 2454 3,740 TWD 1,163 TWD -69%
SK Square Co 402340 1,212,000 KRW 868,000 KRW -28%

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Frequently asked questions

Is Apacer Technology Inc (8271) overvalued or undervalued?
As of Jul 21, 2026, our model estimates a fair value of 75.24 TWD versus a price of 235.50 TWD, about −68% (overvalued).
What is the fair value of 8271?
Our model-based fair value for Apacer Technology Inc is 75.24 TWD (as of Jul 21, 2026), built from audited fundamentals. The current price is 235.50 TWD.
What is the quality score of 8271?
Apacer Technology Inc has a Quality Score of 57/100. 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 Apacer Technology Inc (8271)?
Apacer Technology Inc reported trailing-twelve-month revenue of about 16.1B TWD (latest available figure, as of Jul 21, 2026).
What is the net profit margin of 8271?
The net profit margin of Apacer Technology Inc is about 16.3%, meaning it keeps roughly 16.3% of revenue as net income. Based on the latest reported figures.
Does Apacer Technology Inc pay a dividend?
Apacer Technology Inc currently shows a dividend yield of about 2.23% 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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