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VIA optronics Holding (VIAOY) Fair Value & Analysis

Technology · US · Market cap $1.5M

VO VIA optronics Holding logo VIA optronics Holding VIAOY · US
Price$0.0600
Fair Value$0.0538
Upside-10.3%
Quality42/100
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Mixed Growth
Loss-making · -24.0% net margin
Low debt · generates free cash flow
Mixed vs. peers (5/10)
Narrow moat 10/100
Evidence: Low Range $0.0473 – $0.0604 Share as image

Fair value as of: Jul 31, 2026

From 6 valuation models · updated 11 days ago

Fair value updated Jul 31, 2026, revised from $0.0551 to $0.0538 (−2.4%) since Jun 26, 2026. Share price −10.7% over the past month.

Below-average quality, and screening another 10% overvalued on our models.

What matters now

  • Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
  • Our model range runs from $0.0473 (bear) to $0.0604 (bull), base $0.0538. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 42/100 (below-average quality) with low evidence: read the verdict with care.
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Price vs Fair Value (5 years)

$14.78 $0.0001 Fair Value $0.0538 Apr 2021 Jul 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 31, 2026.

How to read this chart

60‑month range $0.0001 – $14.78 · fair‑value band $0.0473 – $0.0604 · the $0.0600 price screens above the $0.0538 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 31, 2026.

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Analysis

VIA optronics Holding (VIAOY) currently trades at $0.0600, while our model-based Fair Value estimate is $0.0538, implying the stock looks roughly 10.3% overvalued today. The Quality Score stands at 42/100 (below-average 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: low).

Over the trailing twelve months, VIA optronics Holding generated revenue of $133M at a net margin of -24.0%. Revenue grew 18.6% year over year. It earns a return on equity of -81.1%. The balance sheet holds a net cash position of $5.0M. Fundamentals as of Jul 31, 2026

Our scenario range runs from $0.0473 (bear case) to $0.0604 (bull case); at $0.0600, 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 40% below its 52-week high, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at -73% fair-value upside, at -10%, VIAOY 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
Growth DCF $0.0503 $0.0543 $0.0594 80
NCAV (Graham) $0.0268 $0.0361 $0.0538 50
EV/Revenue $0.0505 $0.0538 $0.0574 43
All 6 models by family
DCF Models
FCF DCF $0.0505 $0.0549 $0.0614 38
5Y Revenue Exit $0.0503 $0.0556 $0.0625 39
10Y Revenue Exit $0.0501 $0.0545 $0.0611 36
Multiples
EV/Revenue $0.0505 $0.0538 $0.0574 43
Asset-Based
NCAV (Graham) $0.0268 $0.0361 $0.0538 50
Growth DCF
Growth DCF $0.0503 $0.0543 $0.0594 80

Widest divergence: DCF Models ($0.0549) versus Asset-Based ($0.0361). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) $133M
Revenue growth (YoY) +18.6%
Net margin -24.0%
Return on equity -81.1%
Free cash flow $904K FY2023
Operating margin -8.0%
More key figures
EPS (TTM) $-0.6100
Net cash $5.0M FY2023

Figures from reported company fundamentals · as of Jul 31, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 42/100

Of which business quality 43 · Market factors (momentum, volatility) 58

Profitability 27
Margins and returns on capital today
Quality Growth 44
Are margins and returns improving?
Cashflow 14
Earnings quality: real cash, not paper profit
Fin. Strength 60
Balance sheet, leverage, solvency risk
Investment 99
Disciplined investing over empire-building
Low Volatility 0
Calm price path (market factor)
Momentum 83
Price trend over the last 3–12 months (market factor)
52W Momentum 80
Distance to the 52-week high (market factor)
Net Issuance 40
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

VIA optronics Holding AG, together with its subsidiaries, provides display solutions in Asia, Europe, and the United States. The company operates through three segments: Display Solutions, Sensor Technologies, and Other.

Full company description

VIA optronics Holding AG, together with its subsidiaries, provides display solutions in Asia, Europe, and the United States. The company operates through three segments: Display Solutions, Sensor Technologies, and Other. It also develops, manufactures, and sells customized and application-specific metal mesh touch sensors and electrode base film materials for use in touch modules or other touch products. In addition, the company offers customized display solutions, including curved display panels and solutions integrating multiple display touch assemblies; and optical bonding services, as well as licenses optical bonding process and sells related equipment. It serves automotive, consumer electronics, and industrial/specialized end markets. VIA optronics Holding AG was formerly known as VIA optronics AG and changed its name to VIA optronics Holding AG in September 2025. The company was founded in 2005 and is headquartered in Nuremberg, Germany. VIA optronics Holding AG is a former subsidiary of Cooperatief IMI Europe U.A.

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

Revenue & earnings trend

FY2019 – FY2023 · reported fiscal years

VIA optronics Holding reported revenue of $220M in FY2023 versus $137M in FY2019, a compound +12.5%/yr. Reported net income was −$10.5M in FY2023.

Growth Quality 52/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2023)
$220M
Latest YoY
+0.0%
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.
+12.9%
Revenue +12.5%/yr
FY19 $137M
FY20 $153M
FY21 $181M
FY22 $220M
FY23 $220M
Net income
FY19 −$13.2M
FY20 −$4.9M
FY21 −$12.5M
FY22 −$11.0M
FY23 −$10.5M

VIAOY screens 10% overvalued. Compare with Delta Electronics, Inc →

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Cite: Fair Value Calculator (2026). "VIA optronics Holding Fair Value". https://www.fairvalue-calculator.com/stock/VIAOY

Peer Group

Electronic Components · 627 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 42 · Bottom 25%
Fair Value upside −17% · Above median
Return on assets -13% · Bottom 25%
Net margin (TTM) -24% · Bottom 25%
Operating margin (TTM) -8% · Bottom 25%
Revenue growth 19% · Above median
Debt / equity 0.02× · Lower than median

Valuation Multiples vs Electronic Components median · lower = cheaper

P/S (TTM) 0.01× · Cheaper than 75% of peers
P/FCF 1.7× · 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 11 · sector 0
FUTURE 93 · sector 32
PAST 0 · sector 24
HEALTH 99 · sector 95
DIVIDEND 0 · sector 25

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 Electronic Components stocks, each showing price versus our Fair Value estimate (as of Jul 31, 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%

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Frequently asked questions

Is VIA optronics Holding (VIAOY) overvalued or undervalued?
As of Jul 31, 2026, our model estimates a fair value of $0.0538 versus a price of $0.0600, about −10% (overvalued).
What is the fair value of VIAOY?
Our model-based fair value for VIA optronics Holding is $0.0538 (as of Jul 31, 2026), built from audited fundamentals. The current price is $0.0600.
What is the quality score of VIAOY?
VIA optronics Holding has a Quality Score of 42/100. 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 VIA optronics Holding (VIAOY)?
VIA optronics Holding reported trailing-twelve-month revenue of about $133M (latest available figure, as of Jul 31, 2026).
What is the net profit margin of VIAOY?
The net profit margin of VIA optronics Holding is about -24.0%, 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.

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