EN DE

Medtecs International Corporation (9103) Fair Value & Analysis

Healthcare · TW · Market cap 2.9B TWD

MI Medtecs International Corporation 9103 · TW
Price5.28 TWD
Fair Value3.88 TWD
Upside-26.5%
Quality57/100
Watch Medtecs International Corporation for free, get notified when fair value or trend changes. Watch for free
Weak Growth
Loss-making · -6.0% net margin
Low debt · negative free cash flow
Ranks above peers (6/10)
Narrow moat 10/100
Evidence: Low Range 1.94 TWD – 6.14 TWD Share as image

Fair value as of: Jul 21, 2026

From 3 valuation models · updated 20 days ago

Fair value updated Jul 21, 2026, revised from 3.85 TWD to 3.88 TWD (+0.8%) since Jul 12, 2026. Share price +4.6% over the past month.

A solid business, but screening 27% overvalued on our models.

What matters now

  • The model range is unusually wide (1.94 TWD to 6.14 TWD). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • Solid but not exceptional quality (57/100) and above fair value, neither a clear bargain nor a standout compounder.
  • Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

37.00 TWD 4.04 TWD Fair Value 3.88 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 4.04 TWD – 37.00 TWD · fair‑value band 1.94 TWD – 6.14 TWD · the 5.28 TWD price screens above the 3.88 TWD fair value. Dashed = 300-day average. As of Jul 21, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Medtecs International Corporation (9103) currently trades at 5.28 TWD, while our model-based Fair Value estimate is 3.88 TWD, implying the stock looks roughly 26.5% overvalued today. The Quality Score stands at 57/100 (solid quality), in the Healthcare 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: low).

Over the trailing twelve months, Medtecs International Corporation generated revenue of 79.0M TWD at a net margin of -6.0%. Revenue grew 47.2% year over year. It earns a return on equity of -4.6%. Net debt stands at 6.2M TWD. Fundamentals as of Jul 21, 2026

Our scenario range runs from 1.94 TWD (bear case) to 6.14 TWD (bull case); at 5.28 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 20% below its 52-week high and 22% above its 52-week low, currently above its 200-day average. For context, the median of 10 Healthcare peers we cover trades at -43% fair-value upside, at -27%, 9103 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
Gordon GGM 1.76 TWD 3.88 TWD 5.64 TWD 70
DDM Multi-Stage 1.76 TWD 3.17 TWD 3.88 TWD 61
NCAV (Graham) 3.17 TWD 4.23 TWD 6.70 TWD 50
All 3 models by family
Dividend Discount
Gordon GGM 1.76 TWD 3.88 TWD 5.64 TWD 70
DDM Multi-Stage 1.76 TWD 3.17 TWD 3.88 TWD 61
Asset-Based
NCAV (Graham) 3.17 TWD 4.23 TWD 6.70 TWD 50

Widest divergence: Asset-Based (4.23 TWD) versus Dividend Discount (3.17 TWD). Highest evidence: Gordon GGM (70).

Notify me when 9103 reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Revenue (TTM) 79.0M TWD
Revenue growth (YoY) +47.2%
Net margin -6.0%
Return on equity -4.6%
Free cash flow −5.6M TWD FY2025
Operating margin -16.7%
More key figures
EPS (TTM) -0.2800 TWD
EPS growth (YoY) -50.7%
Net debt 6.2M 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 54 · Market factors (momentum, volatility) 54

Profitability 11
Margins and returns on capital today
Quality Growth 96
Are margins and returns improving?
Cashflow 3
Earnings quality: real cash, not paper profit
Fin. Strength 82
Balance sheet, leverage, solvency risk
Investment 95
Disciplined investing over empire-building
Low Volatility 66
Calm price path (market factor)
Momentum 54
Price trend over the last 3–12 months (market factor)
52W Momentum 41
Distance to the 52-week high (market factor)
Net Issuance 82
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

Medtecs International Corporation Limited, an integrated healthcare services provider, manufactures and distributes medical consumables for healthcare distributors, pharmaceutical companies, and hospital groups. It operates through Manufacturing, Hospital, and Distribution and Others segments.

Full company description

Medtecs International Corporation Limited, an integrated healthcare services provider, manufactures and distributes medical consumables for healthcare distributors, pharmaceutical companies, and hospital groups. It operates through Manufacturing, Hospital, and Distribution and Others segments. The Manufacturing segment produces and sub-contracts a range of medical consumables, including patients' apparel, disposable surgical masks, boot covers and surgical gowns, underpads, adult diapers, crochet blankets, bed linens, and medical bandages. Its Hospital Services segment offers laundry and leasing services to hospitals that outsource its non-critical functions. The Distribution segment markets Medtecs-branded medical consumables to hospitals, pharmacies, and other end users, as well as through online channels. This segment also supplies other branded medical supplies and equipment comprising wheelchairs, syringes, nebulizers, and blood pressure monitors. In addition, the company manufactures, leases, trades in, and sells woven and knitted medical textile products; provides personal protective equipment, nitrile gloves, garters, and other garment products, as well as logistics and procurement services; trades in hospital textiles and garments, pillow cases, bed sheets, gowns, and other apparel products; sells hygiene products; and engages in subleasing activities. It operates in the Philippines, Singapore, Cambodia, China, Bermuda, Taiwan, Luxembourg, the United States, the United Kingdom, and internationally. Medtecs International Corporation Limited was founded in 1989 and is headquartered in Taipei, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Medtecs International Corporation reported revenue of 78.4M TWD in FY2025 versus 144M TWD in FY2021, a compound −14.1%/yr. Reported net income was −4.8M TWD in FY2025.

Growth Quality 6/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
78.4M TWD
Latest YoY
+44.0%
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.
+11.7%
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.
−27.8%
Avg. growth/yr (16Y) 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.
+2.0%
Revenue −14.1%/yr
FY21 144M TWD
FY22 56.2M TWD
FY23 52.6M TWD
FY24 54.4M TWD
FY25 78.4M TWD
Net income
FY21 17.3M TWD
FY22 −28.6M TWD
FY23 −21.1M TWD
FY24 −22.0M TWD
FY25 −4.8M TWD

9103 screens 27% overvalued. Compare with Intuitive Surgical, Inc →

Share or link this analysis
For bloggers & editors: embed code + live data

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). "Medtecs International Corporation Fair Value". https://www.fairvalue-calculator.com/stock/9103

Peer Group

Medical Instruments & Supplies · 203 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 −27% · Above median
Return on assets -3% · Bottom 25%
Net margin (TTM) -6% · Bottom 25%
Operating margin (TTM) -17% · Bottom 25%
Revenue growth 47% · Top 25%

Valuation Multiples vs Medical Instruments & Supplies median · lower = cheaper

P/B 0.88× · Cheaper than 75% of peers
P/S (TTM) 1.14× · Cheaper 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 0 · sector 0
FUTURE 100 · sector 27
PAST 0 · sector 25
HEALTH 100 · sector 96
DIVIDEND 0 · sector 32

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 Medical Instruments & Supplies stocks, each showing price versus our Fair Value estimate (as of Jul 21, 2026).

Stock Price Fair Value vs Fair Value
Intuitive Surgical, Inc ISRG $402.33 $150.04 -63%
EssilorLuxottica Société anonyme 1EL €172.45 €68.55 -60%
Medline Inc MDLN $41.11 $30.15 -27%
Becton, Dickinson and Company BDX $150.65 $103.53 -31%
Alcon Inc ALC $70.26 $39.78 -43%
ResMed Inc RMD $203.87 $187.89 -8%
West Pharmaceutical Services, Inc WST $353.71 $143.97 -59%
Straumann Holding STMN CHF 106.00 CHF 47.31 -55%
Sartorius Stedim Biotech S.A DIM €188.50 €51.16 -73%
Coloplast A/S COLOB kr 414.00 kr 382.22 -8%

Compare Medtecs International Corporation with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Healthcare stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is Medtecs International Corporation (9103) overvalued or undervalued?
As of Jul 21, 2026, our model estimates a fair value of 3.88 TWD versus a price of 5.28 TWD, about −27% (overvalued).
What is the fair value of 9103?
Our model-based fair value for Medtecs International Corporation is 3.88 TWD (as of Jul 21, 2026), built from audited fundamentals. The current price is 5.28 TWD.
What is the quality score of 9103?
Medtecs International Corporation 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 Medtecs International Corporation (9103)?
Medtecs International Corporation reported trailing-twelve-month revenue of about 79.0M TWD (latest available figure, as of Jul 21, 2026).
What is the net profit margin of 9103?
The net profit margin of Medtecs International Corporation is about -6.0%, meaning it is currently running at a net loss. Based on the latest reported figures.

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.

14 days Pro free · no card

Track Medtecs International Corporation and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.