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ELTA Technology Co (8487) Fair Value & Analysis

Communication Services · TW · Market cap 2.0B TWD

ET ELTA Technology Co 8487 · TW
Price72.60 TWD
Fair Value75.34 TWD
Upside+3.8%
Quality46/100
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Expensive Growth
Solidly profitable · 12.8% net margin
negative free cash flow
4.65% dividend yield
Mixed vs. peers (7/12)
Wide moat 65/100
Evidence: High Range 50.93 TWD – 92.96 TWD Share as image

Fair value as of: Jul 23, 2026

From 17 valuation models · updated 18 days ago

Fair value updated Jul 23, 2026, revised from 72.71 TWD to 75.34 TWD (+3.6%) since Jul 12, 2026. Share price −7.6% over the past month.

Below-average quality, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • A fairly wide model range (50.93 TWD to 92.96 TWD) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

83.10 TWD 9.88 TWD Fair Value 75.34 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 9.88 TWD – 83.10 TWD · fair‑value band 50.93 TWD – 92.96 TWD · the 72.60 TWD price screens below the 75.34 TWD fair value. Dashed = 300-day average. As of Jul 23, 2026.

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Analysis

ELTA Technology Co (8487) currently trades at 72.60 TWD, while our model-based Fair Value estimate is 75.34 TWD, implying the stock looks roughly 3.8% fairly valued today. The Quality Score stands at 46/100 (below-average quality), in the Communication Services 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, ELTA Technology Co generated revenue of 1.2B TWD at a net margin of 12.8%. Revenue grew 58.4% year over year. It earns a return on equity of 20.3%. The balance sheet holds a net cash position of 129M TWD. Fundamentals as of Jul 23, 2026

Our scenario range runs from 50.93 TWD (bear case) to 92.96 TWD (bull case); at 72.60 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 15% below its 52-week high and 18% above its 52-week low, currently above its 200-day average. For context, the median of 10 Communication Services peers we cover trades at -52% fair-value upside, at 4%, 8487 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 25.64 TWD 31.43 TWD 58.99 TWD 76
Gordon GGM 45.67 TWD 91.00 TWD 137.80 TWD 70
Growth-Adj P/E 50.89 TWD 72.71 TWD 94.52 TWD 68
All 17 models by family
DCF Models
Owner Earnings 60.06 TWD 88.82 TWD 131.37 TWD 31
Earnings-Based
Graham-Dodd 27.41 TWD 88.37 TWD 117.93 TWD 54
Lynch FV 19.64 TWD 28.06 TWD 36.47 TWD 50
PEG = 1.0 19.64 TWD 28.06 TWD 36.47 TWD 46
EPV 40.37 TWD 45.67 TWD 50.23 TWD 59
Dividend Discount
Gordon GGM 45.67 TWD 91.00 TWD 137.80 TWD 70
DDM Multi-Stage 45.67 TWD 75.39 TWD 96.06 TWD 61
Multiples
P/E Multiple 60.47 TWD 80.62 TWD 100.78 TWD 63
P/S Multiple 51.40 TWD 68.53 TWD 85.66 TWD 58
P/B Multiple 51.40 TWD 68.53 TWD 85.66 TWD 55
EV/EBIT 70.92 TWD 92.27 TWD 113.63 TWD 53
EV/EBITDA 64.10 TWD 83.19 TWD 102.28 TWD 54
EV/Revenue 50.03 TWD 68.54 TWD 87.05 TWD 43
Asset-Based
NCAV (Graham) 12.63 TWD 16.92 TWD 25.26 TWD 50
Economic Profit
Residual Income 25.64 TWD 31.43 TWD 58.99 TWD 76
ROIC Compounder 42.75 TWD 51.92 TWD 62.53 TWD 67
Growth Earnings
Growth-Adj P/E 50.89 TWD 72.71 TWD 94.52 TWD 68

Widest divergence: DCF Models (88.82 TWD) versus Asset-Based (16.92 TWD). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 1.2B TWD
Revenue growth (YoY) +58.4%
Net margin 12.8%
Return on equity 20.3%
Free cash flow −167M TWD FY2025
P/E ratio 23.2
More key figures
Operating margin 22.5%
EPS (TTM) 3.53 TWD
Dividend yield 4.2%
EPS growth (YoY) +100%
Net cash 129M TWD FY2025

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

Quality Score breakdown

Overall quality 46/100

Of which business quality 46 · Market factors (momentum, volatility) 64

Profitability 60
Margins and returns on capital today
Quality Growth 20
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 92
Balance sheet, leverage, solvency risk
Investment 43
Disciplined investing over empire-building
Low Volatility 94
Calm price path (market factor)
Momentum 55
Price trend over the last 3–12 months (market factor)
52W Momentum 46
Distance to the 52-week high (market factor)
Net Issuance 50
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

ELTA Technology Co.,Ltd. provides digital multimedia delivery platforms and over-the-top video streaming services for internet protocol television in Taiwan. It offers digital video content, digital video channel operation, and media advertising hosting services. The company was founded in 1989 and is based in Taipei, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

ELTA Technology Co reported revenue of 1.0B TWD in FY2025 versus 934M TWD in FY2021, a compound +2.2%/yr. Reported net income was 107M TWD in FY2025, compounding +25.3%/yr from FY2021.

Growth Quality 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
1.0B TWD
Latest YoY
−31.5%
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.
+1.3%
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.
+20.7%
Avg. growth/yr (12Y) 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.
+6.9%
Revenue +2.2%/yr
FY21 934M TWD
FY22 981M TWD
FY23 968M TWD
FY24 1.5B TWD
FY25 1.0B TWD
Net income +25.3%/yr
FY21 43.4M TWD
FY22 61.1M TWD
FY23 136M TWD
FY24 179M TWD
FY25 107M TWD
Character of growth · EPS growth decomposed (2014-2025) +11.5 % p.a.
Revenue per share +5.3 pp

of which total revenue +8.2 pp · buybacks/dilution −2.9 pp

EBIT margin +8.8 pp
Tax rate −0.4 pp
Residual (interest, one-offs) −2.2 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).

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Cite: Fair Value Calculator (2026). "ELTA Technology Co Fair Value". https://www.fairvalue-calculator.com/stock/8487

Peer Group

Entertainment · 265 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 46 · Below median
Fair Value upside +4% · Above median
Return on equity (TTM) 20% · Top 25%
Return on assets 9% · Top 25%
Net margin (TTM) 13% · Top 25%
Operating margin (TTM) 23% · Top 25%
Revenue growth 58% · Top 25%
Dividend yield (TTM) 4.7% · Top 25%

Valuation Multiples vs Entertainment median · lower = cheaper

P/E (TTM) 21.4× · Pricier than median
P/B 2.99× · Pricier than 75% of peers
P/S (TTM) 1.73× · Pricier than median
EV/EBITDA 9.8× · 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 38 · sector 6
FUTURE 100 · sector 10
PAST 81 · sector 0
HEALTH 0 · sector 97
DIVIDEND 93 · sector 44

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

Stock Price Fair Value vs Fair Value
Netflix, Inc ZNFL C$6.77 C$2.96 -56%
The Walt Disney Company DIS $96.30 $89.55 -7%
Warner Bros. Discovery, Inc WBD $26.87 $9.13 -66%
Live Nation Entertainment, Inc LYV $178.44 $46.89 -74%
Universal Music Group UMG €18.91 €14.78 -22%
TKO Group TKO $184.40 $22.16 -88%
Empresas Cablevisión, S.A. CABLECPO 55.00 MXN 60.49 MXN +10%
Beijing Enlight Media Co 300251 ¥11.77 ¥10.97 -7%
PT MNC Digital Entertainment Tbk, MSIN 456.00 IDR 221.09 IDR -52%
Prime Focus Limited PFOCUS ₹298.25 ₹63.45 -79%

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Frequently asked questions

Is ELTA Technology Co (8487) overvalued or undervalued?
As of Jul 23, 2026, our model estimates a fair value of 75.34 TWD versus a price of 72.60 TWD, about +4% (fairly valued).
What is the fair value of 8487?
Our model-based fair value for ELTA Technology Co is 75.34 TWD (as of Jul 23, 2026), built from audited fundamentals. The current price is 72.60 TWD.
What is the quality score of 8487?
ELTA Technology Co has a Quality Score of 46/100. 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 ELTA Technology Co (8487)?
ELTA Technology Co reported trailing-twelve-month revenue of about 1.2B TWD (latest available figure, as of Jul 23, 2026).
What is the net profit margin of 8487?
The net profit margin of ELTA Technology Co is about 12.8%, meaning it keeps roughly 12.8% of revenue as net income. Based on the latest reported figures.
Does ELTA Technology Co pay a dividend?
ELTA Technology Co currently shows a dividend yield of about 4.21% 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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