Hana Microelectronics Public Company (HANA) Fair Value & Analysis
Technology · TH · Market cap 33.2B THB
Fair value as of: Jul 12, 2026
From 24 valuation models · updated 29 days ago
Share price +5.8% over the past month.
A solid business, but screening 65% overvalued on our models.
What matters now
- The price sits above even our optimistic bull case (16.09 THB). The favourable scenario is already priced in.
- Solid but not exceptional quality (58/100) and above fair value, neither a clear bargain nor a standout compounder.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 12, 2026.
How to read this chart
60‑month range 14.23 THB – 82.84 THB · fair‑value band 9.65 THB – 16.09 THB · the 36.25 THB price screens above the 12.87 THB fair value. Dashed = 300-day average. As of Jul 12, 2026.
Analysis
Hana Microelectronics Public Company (HANA) currently trades at 36.25 THB, while our model-based Fair Value estimate is 12.87 THB, implying the stock looks roughly 64.5% overvalued today. The Quality Score stands at 58/100 (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, Hana Microelectronics Public Company generated revenue of 20.7B THB at a net margin of 1.4%. Revenue declined 10.4% year over year. It earns a return on equity of 1.1%. The balance sheet holds a net cash position of 4.8B THB. Fundamentals as of Jul 12, 2026
Our scenario range runs from 9.65 THB (bear case) to 16.09 THB (bull case); at 36.25 THB, 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 last reported earnings sit well below what analysts expect (earnings in transition, for example after write-downs or an earnings dip); whether the stock is cheap or expensive hinges on the expected recovery actually arriving. Read the fair value with that caveat. The share trades about 14% below its 52-week high and 148% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at -73% fair-value upside, at -65%, HANA 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.
All 24 models by family
Widest divergence: DCF Models (30.73 THB) versus Earnings-Based (5.41 THB). Highest evidence: Growth DCF (80).
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Jul 12, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 61 · Market factors (momentum, volatility) 75
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
Hana Microelectronics Public Company Limited, together with its subsidiaries, engages in the manufacture and trading of electronic components. The company provides printed circuit board assemblies, chip-on-board and flex assembly and test, lamination, coil, winding, integrated circuit assemblies and tests, and LED packaging and test services.
Full company description
Hana Microelectronics Public Company Limited, together with its subsidiaries, engages in the manufacture and trading of electronic components. The company provides printed circuit board assemblies, chip-on-board and flex assembly and test, lamination, coil, winding, integrated circuit assemblies and tests, and LED packaging and test services. It also offers electronics manufacturing, and outsourced semiconductor assembly and testing services IC, MEMS, sensors, TO Can, system in packages, optocouplers, and SMT. In addition, the company Liquid Crystal Microdisplays, radio frequency identification RFID devices, SMT and labour-intensive microelectronics assemblies, and IC power management silicon and silicon carbide (SiC) wafer devices. It operates in the United States, Singapore, Malaysia, China, Bulgaria, and internationally. Hana Microelectronics Public Company Limited was founded in 1978 and is headquartered in Bangkok, Thailand.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
Hana Microelectronics Public Company reported revenue of 20.6B THB in FY2025 versus 23.8B THB in FY2021, a compound −3.6%/yr. Reported net income was 670M THB in FY2025, compounding −18.8%/yr from FY2021.
HANA screens 65% overvalued. Compare with Delta Electronics, Inc →
Peer Group
Electronic Components · 626 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.
Valuation Multiples vs Electronic Components median · lower = cheaper
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: the price sits above our fair-value range.
Insider activity: 40/100
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more Electronic Components stocks, each showing price versus our Fair Value estimate (as of Jul 12, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Delta Electronics, Inc 2308 | 1,880 TWD | 515.23 TWD | -73% |
| Hon Hai Precision Industry Co 2317 | 242.50 TWD | 270.47 TWD | +12% |
| Luxshare Precision Industry Co 002475 | ¥62.14 | ¥38.44 | -38% |
| Samsung Electro-Mechanics Co 009150 | 1,260,000 KRW | 166,421 KRW | -87% |
| Elite Material Co 2383 | 4,990 TWD | 714.36 TWD | -86% |
| Yageo Corporation 2327 | 699.00 TWD | 216.55 TWD | -69% |
| Shengyi Technology Co 600183 | ¥132.29 | ¥27.45 | -79% |
| Shennan Circuits Co 002916 | ¥364.00 | ¥93.50 | -74% |
| Victory Giant Technology (HuiZhou) Co 2476 | HK$297.00 | HK$103.98 | -65% |
| Wus Printed Circuit (Kunshan) Co 002463 | ¥127.80 | ¥31.95 | -75% |
Compare Hana Microelectronics Public Company with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Technology stocks →
Frequently asked questions
Is Hana Microelectronics Public Company (HANA) overvalued or undervalued?
What is the fair value of HANA?
What is the quality score of HANA?
What is the revenue of Hana Microelectronics Public Company (HANA)?
What is the net profit margin of HANA?
Does Hana Microelectronics Public Company pay a dividend?
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.
Track Hana Microelectronics Public Company 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.