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Mitake Information Corporation (8284) Fair Value & Analysis

Technology · TW · Market cap 2.9B TWD

MI Mitake Information Corporation 8284 · TWO
Price62.80 TWD
Fair Value92.80 TWD
Upside+47.8%
Quality67/100
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Mixed Growth
Thin margins · 7.0% net margin
generates free cash flow
6.38% dividend yield
Ranks above peers (12/13)
Moderate moat 52/100
Evidence: High Range 63.20 TWD – 116.00 TWD Share as image

Fair value as of: Jul 23, 2026

From 26 valuation models · updated 18 days ago

Share price +2.6% over the past month.

A solid business, screening 48% undervalued on our models.

What matters now

  • Solid quality (67/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range (63.20 TWD to 116.00 TWD) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

73.50 TWD 36.90 TWD Fair Value 92.80 TWD Mar 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 36.90 TWD – 73.50 TWD · fair‑value band 63.20 TWD – 116.00 TWD · the 62.80 TWD price screens below the 92.80 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 23, 2026.

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Analysis

Mitake Information Corporation (8284) currently trades at 62.80 TWD, while our model-based Fair Value estimate is 92.80 TWD, implying the stock looks roughly 47.8% undervalued today. The Quality Score stands at 67/100 (solid quality), in the Technology sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, Mitake Information Corporation generated revenue of 3.0B TWD at a net margin of 7.0%. Revenue grew 8.9% year over year. It earns a return on equity of 15.0%. The balance sheet holds a net cash position of 1.2B TWD. Fundamentals as of Jul 23, 2026

Our scenario range runs from 63.20 TWD (bear case) to 116.00 TWD (bull case); at 62.80 TWD, the current price sits below 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 4% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -27% fair-value upside, at 48%, 8284 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 29.48 TWD 36.21 TWD 69.47 TWD 76
Growth DCF 45.30 TWD 60.41 TWD 83.31 TWD 72
Gordon GGM 34.39 TWD 68.52 TWD 103.76 TWD 70
All 26 models by family
DCF Models
FCF DCF 45.18 TWD 60.94 TWD 85.28 TWD 38
Owner Earnings 47.44 TWD 64.59 TWD 91.07 TWD 31
5Y Revenue Exit 61.12 TWD 93.17 TWD 135.67 TWD 39
5Y EBITDA Exit 65.12 TWD 100.95 TWD 144.33 TWD 41
5Y P/E Exit 69.22 TWD 108.93 TWD 152.38 TWD 38
10Y Revenue Exit 53.42 TWD 81.13 TWD 121.28 TWD 36
10Y EBITDA Exit 57.54 TWD 86.52 TWD 127.98 TWD 37
10Y P/E Exit 60.14 TWD 92.05 TWD 134.21 TWD 35
Earnings-Based
Graham-Dodd 31.55 TWD 117.05 TWD 158.18 TWD 54
Lynch FV 28.10 TWD 40.14 TWD 52.18 TWD 50
PEG = 1.0 28.10 TWD 40.14 TWD 52.18 TWD 46
EPV 62.77 TWD 69.60 TWD 75.48 TWD 59
Dividend Discount
Gordon GGM 34.39 TWD 68.52 TWD 103.76 TWD 70
DDM Multi-Stage 34.39 TWD 59.22 TWD 72.33 TWD 61
Multiples
P/E Multiple 69.60 TWD 92.80 TWD 116.00 TWD 63
P/S Multiple 59.16 TWD 78.88 TWD 98.60 TWD 58
P/B Multiple 59.16 TWD 78.88 TWD 98.60 TWD 55
EV/EBIT 96.73 TWD 122.45 TWD 148.17 TWD 53
EV/EBITDA 82.13 TWD 102.99 TWD 123.85 TWD 54
EV/Revenue 71.57 TWD 93.87 TWD 116.16 TWD 43
Asset-Based
NCAV (Graham) 14.46 TWD 19.37 TWD 28.92 TWD 50
Growth DCF
Growth DCF 45.30 TWD 60.41 TWD 83.31 TWD 72
Rev-Margin DCF 61.12 TWD 92.36 TWD 129.89 TWD 67
Economic Profit
Residual Income 29.48 TWD 36.21 TWD 69.47 TWD 76
ROIC Compounder 65.55 TWD 76.18 TWD 87.75 TWD 67
Growth Earnings
Growth-Adj P/E 50.71 TWD 72.44 TWD 94.17 TWD 68

Widest divergence: Multiples (92.80 TWD) versus Asset-Based (19.37 TWD). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 3.0B TWD
Revenue growth (YoY) +8.9%
Net margin 7.0%
Return on equity 15.0%
Free cash flow 107M TWD FY2025
P/E ratio 13.1
More key figures
Operating margin 8.0%
EPS (TTM) 4.72 TWD
Dividend yield 6.4%
EPS growth (YoY) -11.8%
Net cash 1.2B TWD FY2023

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

Quality Score breakdown

Overall quality 67/100

Of which business quality 66 · Market factors (momentum, volatility) 53

Profitability 65
Margins and returns on capital today
Quality Growth 40
Are margins and returns improving?
Cashflow 31
Earnings quality: real cash, not paper profit
Fin. Strength 100
Balance sheet, leverage, solvency risk
Investment 83
Disciplined investing over empire-building
Low Volatility 100
Calm price path (market factor)
Momentum 36
Price trend over the last 3–12 months (market factor)
52W Momentum 30
Distance to the 52-week high (market factor)
Net Issuance 83
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

Mitake Information Corporation provides mobile financial information trading platform in Taiwan. It engages in the computer equipment installation, information software services, sales of various types of electronic communication information equipment, and text message sending business. The company was founded in 1991 and is based in Taipei City, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Mitake Information Corporation reported revenue of 3.0B TWD in FY2025 versus 2.2B TWD in FY2021, a compound +7.6%/yr. Reported net income was 220M TWD in FY2025, compounding +3.9%/yr from FY2021.

Growth Quality 70/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
3.0B TWD
Latest YoY
+6.1%
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.
+6.1%
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.
+9.4%
Avg. growth/yr (8Y) 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.
+11.9%
Revenue +7.6%/yr
FY21 2.2B TWD
FY22 2.5B TWD
FY23 2.6B TWD
FY24 2.8B TWD
FY25 3.0B TWD
Net income +3.9%/yr
FY21 188M TWD
FY22 287M TWD
FY23 195M TWD
FY24 257M TWD
FY25 220M TWD

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Cite: Fair Value Calculator (2026). "Mitake Information Corporation Fair Value". https://www.fairvalue-calculator.com/stock/8284

Peer Group

Software - Application · 709 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 67 · Top 25%
Fair Value upside +48% · Top 25%
Return on equity (TTM) 15% · Top 25%
Return on assets 8% · Top 25%
Net margin (TTM) 7% · Above median
Operating margin (TTM) 8% · Above median
Revenue growth 9% · Above median
Dividend yield (TTM) 6.4% · Top 25%

Valuation Multiples vs Software - Application median · lower = cheaper

P/E (TTM) 13.1× · Cheaper than 75% of peers
P/B 2.14× · Pricier than median
P/S (TTM) 0.97× · Cheaper than median
P/FCF 0.8× · Cheaper than 75% of peers
EV/EBITDA 6.8× · 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 97 · sector 0
FUTURE 45 · sector 38
PAST 60 · sector 13
HEALTH 0 · sector 98
DIVIDEND 100 · sector 28

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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10 more Software - Application stocks, each showing price versus our Fair Value estimate (as of Jul 23, 2026).

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Cadence Design Systems, Inc CDNS $384.17 $80.41 -79%
Snowflake Inc SNOW $271.87 $34.04 -87%
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Frequently asked questions

Is Mitake Information Corporation (8284) overvalued or undervalued?
As of Jul 23, 2026, our model estimates a fair value of 92.80 TWD versus a price of 62.80 TWD, about +48% (undervalued).
What is the fair value of 8284?
Our model-based fair value for Mitake Information Corporation is 92.80 TWD (as of Jul 23, 2026), built from audited fundamentals. The current price is 62.80 TWD.
What is the quality score of 8284?
Mitake Information Corporation has a Quality Score of 67/100. 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 Mitake Information Corporation (8284)?
Mitake Information Corporation reported trailing-twelve-month revenue of about 3.0B TWD (latest available figure, as of Jul 23, 2026).
What is the net profit margin of 8284?
The net profit margin of Mitake Information Corporation is about 7.0%, meaning it keeps roughly 7.0% of revenue as net income. Based on the latest reported figures.
Does Mitake Information Corporation pay a dividend?
Mitake Information Corporation currently shows a dividend yield of about 6.31% 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.

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