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Yageo Corp (2327) Fair Value & Analysis

Technology · TW · Market cap 1.6T TWD (≈ $50.3B) · ISIN TW0002327004

What is Yageo Corp really worth?

YC Yageo Corp 2327 · TW
Price545.00 TWD
Fair Value289.26 TWD
Upside−46.9%
Quality65/100

A solid business, but trading 88% above our fair value of 289.26 TWD.

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Strengths

Healthy Growth (revenue 5y +14.5 %/yr)
Solidly profitable · 18.7% net margin
Low debt · generates free cash flow
Wide moat 66/100

Risks

!Mixed vs. peers (7/15)
!Weak on dividend: 22 out of 100

For context

·1.10% dividend yield
Evidence: High Range 165.63 TWD – 399.45 TWD

Fair value as of: Aug 17, 2026

From 26 valuation models · updated 19 days ago

Share price +8.6% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The price sits above even our optimistic bull case (399.45 TWD). The favourable scenario is already priced in.
  • Solid but not exceptional quality (65/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (165.63 TWD to 399.45 TWD) leaves room in how you read the outcome.

Price vs Fair Value (5 years)

855,099 TWD 62.68 TWD Fair Value 289.26 TWD Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 17, 2026.

How to read this chart

60‑month range 62.68 TWD – 855,099 TWD · fair‑value band 165.63 TWD – 399.45 TWD · the 545.00 TWD price screens above the 289.26 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 17, 2026.

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Analysis

Yageo Corp (2327) currently trades at 545.00 TWD, while our model-based Fair Value estimate is 289.26 TWD, implying the stock looks roughly 88.4% overvalued today. The Quality Score stands at 65/100 (solid quality), in the Technology sector. Bull case: the DCF Models group reads highest at a median of 354.52 TWD per share, and 0 of the 26 models we run sit above the 545.00 TWD price. Bear case: the Asset-Based group reads lowest at 55.61 TWD, and 26 of the 26 models stay below the price. Evidence for this calculation is high.

Over the trailing twelve months, Yageo Corp generated revenue of 140B TWD at a net margin of 18.7%. Revenue grew 22.7% year over year. It earns a return on equity of 15.9%. Net debt stands at 69.4B TWD. Fundamentals as of Aug 17, 2026

Our scenario range runs from 165.63 TWD (bear case) to 399.45 TWD (bull case); at 545.00 TWD, 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 36% below its 52-week high and 388% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at −62% fair-value upside, at −47%, 2327 screens cheaper than that median.

Fair Value models

This estimate rests on fiscal year 2025 figures, and about 8 months have passed since. In that time the company retained roughly 4.31 TWD per share, which is 1.5 % of the fair value. The fair value deliberately does not add this in: the models value reported figures, not a projection.

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced 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. Every input is real reported data, nothing guessed.

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
FCF DCF best evidence 174.38 TWD 321.42 TWD 593.12 TWD 77
Growth DCF 173.22 TWD 309.16 TWD 557.09 TWD 75
EPV 118.50 TWD 137.75 TWD 154.86 TWD 74
All 26 models by family
DCF Models
FCF DCF best evidence 174.38 TWD 321.42 TWD 593.12 TWD 77
Owner Earnings 191.87 TWD 354.52 TWD 655.04 TWD 73
5Y Revenue Exit 150.89 TWD 259.68 TWD 408.27 TWD 71
5Y EBITDA Exit 227.70 TWD 419.77 TWD 664.57 TWD 73
5Y P/E Exit 215.53 TWD 394.40 TWD 601.93 TWD 69
10Y Revenue Exit 152.57 TWD 260.77 TWD 428.69 TWD 65
10Y EBITDA Exit 209.68 TWD 381.54 TWD 650.58 TWD 66
10Y P/E Exit 201.39 TWD 362.40 TWD 596.35 TWD 62
Earnings-Based
Graham-Dodd 78.06 TWD 375.58 TWD 517.09 TWD 64
Lynch FV 100.29 TWD 143.27 TWD 186.25 TWD 61
PEG = 1.0 100.29 TWD 143.27 TWD 186.25 TWD 57
EPV 118.50 TWD 137.75 TWD 154.86 TWD 74
Dividend Discount
Gordon GGM 47.96 TWD 104.71 TWD 176.18 TWD 65
DDM Multi-Stage 47.96 TWD 85.77 TWD 109.12 TWD 66
Multiples
P/E Multiple 241.08 TWD 321.44 TWD 401.80 TWD 63
P/S Multiple 146.37 TWD 195.16 TWD 243.95 TWD 58
P/B Multiple 146.37 TWD 195.16 TWD 243.95 TWD 55
EV/EBIT 269.97 TWD 356.82 TWD 443.67 TWD 66
EV/EBITDA 269.32 TWD 355.95 TWD 442.58 TWD 67
EV/Revenue 141.14 TWD 197.59 TWD 254.05 TWD 54
Asset-Based
NCAV (Graham) 41.50 TWD 55.61 TWD 83.00 TWD 54
Growth DCF
Growth DCF 173.22 TWD 309.16 TWD 557.09 TWD 75
Rev-Margin DCF 150.89 TWD 256.79 TWD 395.25 TWD 71
Economic Profit
Residual Income 81.89 TWD 103.97 TWD 250.69 TWD 69
ROIC Compounder 133.45 TWD 184.05 TWD 255.69 TWD 71
Growth Earnings
Growth-Adj P/E 184.68 TWD 263.82 TWD 342.97 TWD 67

Widest divergence: DCF Models (354.52 TWD) versus Asset-Based (55.61 TWD). Highest evidence: FCF DCF (77).

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Key figures & financial health

P/E ratio 42.9
P/S ratio 7.64 P/E × margin
EPS (TTM) 12.69 TWD price ÷ EPS = P/E 42.9
Dividend yield 1.1% payout 47.3%
Net margin 17.8% FY2025
Return on equity 15.9% TTM
More key figures
Profitability
Return on assets (EBIT) 9.3% avg 5y
Operating margin 25.2% TTM
Growth
Revenue (TTM) 140B TWD TTM
Revenue growth (YoY) +22.7% 3y avg +3.2%
EPS growth (YoY) +44.6%
Balance sheet & cash flow
Free cash flow 24.6B TWD FY2025
Net debt 69.4B TWD FY2025 · ≈ 2.8 yrs of FCF

Figures from reported company fundamentals · as of Aug 17, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 65/100

Of which business quality 63 · Market factors (momentum, volatility) 53

Profitability 43
Margins and returns on capital today
Quality Growth 57
Are margins and returns improving?
Cashflow 72
Earnings quality: real cash, not paper profit
Fin. Strength 72
Balance sheet, leverage, solvency risk
Investment 55
Disciplined investing over empire-building
Low Volatility 0
Calm price path (market factor)
Momentum 78
Price trend over the last 3–12 months (market factor)
52W Momentum 69
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.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Yageo Corporation, together with its subsidiaries, manufactures and sells electronic components in China, Europe, the United States, and the rest of Asia.

Full company description

Yageo Corporation, together with its subsidiaries, manufactures and sells electronic components in China, Europe, the United States, and the rest of Asia. It offers antennas, radio frequency, and microwave; capacitors; circuit protection; custom products; electromechanical devices; EMC; engineering kits; inductors; piezoelectric devices; power supplies; resistors; semiconductors; sensors; signal magnetics and connectors; and transformers. The company's products are used for various applications, including aerospace, defense, and medical; automotive; computing and enterprise systems; consumer; industrial; and telecommunications. Yageo Corporation was founded in 1977 and is headquartered in New Taipei City, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Yageo Corp reported revenue of 133B TWD in FY2025 versus 107B TWD in FY2021, a compound +5.7%/yr. Reported net income was 23.6B TWD in FY2025, compounding +0.8%/yr from FY2021.

Growth Quality 100/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
133B TWD
Latest YoY
+9.3%
Avg. revenue 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.
+3.2%
Avg. revenue 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.
+14.5%
Avg. revenue growth/yr (25Y) 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%
Value creation/yr (5Y, in TWD) Earnings growth per share (CAGR 5 years) plus dividend yield: value created per share and year. Measured in TWD: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
+8.6% (7.5 + 1.1)
Revenue +5.7%/yr
FY21 107B TWD
FY22 121B TWD
FY23 108B TWD
FY24 122B TWD
FY25 133B TWD
Net income +0.8%/yr
FY21 22.9B TWD
FY22 22.7B TWD
FY23 17.5B TWD
FY24 19.4B TWD
FY25 23.6B TWD
Character of growth · EPS growth decomposed (2014-2025) +16.8 % p.a.
Revenue per share +14.1 %

of which total revenue +17.6 % · buybacks/dilution −2.9 %

EBIT margin +4.4 %
Tax rate −1.0 %
Residual (interest, one-offs) −1.1 %

Annual growth per factor. These are factors, not summands: multiplied they give the EPS growth rate, added they do not quite. Start and end points are 3-year averages (details on hover).

2327 screens 88% overvalued. Compare with Amphenol Corporation →

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Cite: Fair Value Calculator (2026). "Yageo Corp Fair Value". https://www.fairvalue-calculator.com/stock/2327

Peer Group

Electronic Components · 638 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 65 · Top 25%
Fair Value upside −47% · Below median
Return on equity (TTM) 16% · Top 25%
Return on assets 5% · Top 25%
Net margin (TTM) 19% · Top 25%
Operating margin (TTM) 25% · Top 25%
Revenue growth 23% · Top 25%
Dividend yield (TTM) 1.1% · Below median
Debt / equity 0.36× · Higher than 75% of peers

Valuation Multiples vs Electronic Components median · lower = cheaper

P/E (TTM) 42.9× · Pricier than median
P/B 9.35× · Pricier than 75% of peers
P/S (TTM) 11.41× · Pricier than 75% of peers
P/FCF 2.0× · Cheaper than median
EV/EBITDA 36.9× · Pricier than 75% of peers
PEG 1.56× · Pricier than median

Strength profile in five axes (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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 0
FUTURE100 · sector 40
PAST64 · sector 25
HEALTH82 · sector 95
DIVIDEND22 · sector 24

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.

None of the checked exposures detected

Similar stocks

10 more Electronic Components stocks, each showing price versus our Fair Value estimate (as of Aug 17, 2026).

Stock Price Fair Value vs Fair Value
Amphenol Corporation APH $157.74 $97.19 −38%
Corning Incorporated GLW CHF 134.64 CHF 35.18 −74%
Delta Electronics, Inc 2308 1,750 TWD 602.37 TWD −66%
Luxshare Precision Industry Co 002475 ¥56.06 ¥38.44 −31%
Samsung Electro-Mechanics Co 009150 1,503,000 KRW 172,954 KRW −88%
Suzhou Dongshan Precision Manufacturing Co 002384 ¥202.11 ¥21.19 −90%
TE Connectivity plc TEL $202.66 $144.42 −29%
Shengyi Technology Co 600183 ¥132.80 ¥36.30 −73%
Flex Ltd FLEX $124.53 $48.10 −61%
Celestica Inc CLS $298.70 $113.54 −62%

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Frequently asked questions

Is Yageo Corp (2327) overvalued or undervalued?
As of Aug 17, 2026, our model estimates a fair value of 289.26 TWD versus a price of 545.00 TWD, about −47% upside (overvalued).
What is the fair value of 2327?
Our model-based fair value for Yageo Corp is 289.26 TWD (as of Aug 17, 2026), built from audited fundamentals. The current price: 545.00 TWD.
What is the quality score of 2327?
Yageo Corp has a Quality Score of 65/100. 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 Yageo Corp (2327)?
Yageo Corp reported trailing-twelve-month revenue of about 140B TWD (latest available figure, as of Aug 17, 2026).
What is the net profit margin of 2327?
The net profit margin of Yageo Corp is about 18.7%, meaning it keeps roughly 18.7% of revenue as net income. Based on the latest reported figures.
Does Yageo Corp pay a dividend?
Yageo Corp currently shows a dividend yield of about 1.10% relative to its recent price (as of Aug 17, 2026).
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