Foxconn Industrial Internet Co Ltd (601138) fair value: what the stock is really worth
As of Oct 22, 2026: fair value (intrinsic value) of Foxconn Industrial Internet Co Ltd stock ¥13.93, price ¥47.91, upside -70.9%, quality 58 out of 100. Rating: strongly overvalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Oct 21, 2026.
How to read this chart
60‑month range ¥7.96 – ¥81.05 · fair‑value band ¥10.01 – ¥20.62 · the ¥47.91 price screens above the ¥13.93 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Oct 21, 2026.
Follow Foxconn Industrial Internet Co in your weekly email
Every Wednesday you see whether Foxconn Industrial Internet Co is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Foxconn Industrial Internet Co., Ltd., together with its subsidiaries, provides smart manufacturing and industrial internet services in Mexico, Vietnam, Singapore, Mainland China, and internationally.
Show moreShow less
The company offers communication and mobile network equipment products comprising 5G/4G modules, 5G terminals, 5G private network, and Wi-Fi equipment; cloud computing products consisting of high-performance servers, edge computing, advanced heat dissipation, and storage equipment; industrial internet services, such as lighthouse, manufacturing consulting, and cloud and platform services, as well as hardware and software integration products; and precision manufacturing automation solutions for the automation, robot, optical inspection, and MedTech industries.
It also engages in the provision of precision tools; communication network high-precision components; network devices; industrial robots; construction machinery and equipment; mining equipment; teaching equipment; information systems; smart wearable devices; automation and molds; automation equipment; electronic components; medical devices and mechanical equipment; and motherboards and computers.
In addition, the company is involved in cloud computing, trading, management, IT, software development, Internet information, management and technical consulting, technology and hardware research and development, technical services, logistics, 5G laboratory, electronic manufacturing, financial planning, and investment consulting services.
Foxconn Industrial Internet Co., Ltd. was incorporated in 2015 and is based in Shenzhen, China.
Stock analysis
Foxconn Industrial Internet Co Ltd (601138) currently trades at ¥47.91, while our model-based Fair Value estimate is ¥13.93, 70.9% below the price, so the stock looks overvalued today.
Show more
Valuation
Bull case: the Growth Earnings group reads highest at a median of ¥48.68 per share, and 5 of the 17 models we run sit above the ¥47.91 price.
Bear case: the Asset-Based group reads lowest at ¥5.66, and 12 of the 17 models stay below the price. Data coverage for this calculation is high.
Scenario range: ¥10.01 (bear) to ¥20.62 (bull), the price of ¥47.91 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 58/100 (solid quality), in the Technology sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Foxconn Industrial Internet Co Ltd reported revenue of 902B CNY in FY2025 versus 440B CNY in FY2021, a compound +19.7%/yr. Reported net income was 35.3B CNY in FY2025, compounding +15.2%/yr from FY2021.
Key figures
Market cap 950B CNY (≈ $142B) Large · P/E ratio 20.2 · P/S ratio 0.86 · EPS (TTM) ¥2.37 · Dividend yield 1.4% · Net margin 4.3% · Return on equity 28.6% · Return on assets (EBIT) 8.3%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 53 out of 100 (low confidence).
What moves the price
The share trades about 41% below its 52-week high and 2% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Technology peers we cover trades at −47% fair-value upside, at −71%, 601138 screens richer than that median.
Fair Value models
Bear¥10.01Fair Value ¥13.93Bull¥20.62
Price ¥47.91 · Upside -70.9%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (¥1.39 per share) are deliberately not added.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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+48.2%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+20.8%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+15.9%
Start year 2020 (pandemic). Over 10 years: +10.7% a year
Revenue growth 10 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+10.7%
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
What shareholders gained per year (last 5 years) (mathematically smoothed) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Smoothed = median of all growth paths between the years of the window (trend line on the logarithm of earnings per share): a single extreme year cannot distort the rate. The reported figure stays in the tooltip.
+8.5%
Earnings growth per share plus dividend.
Earnings per share, growth per year+7.1%
Dividend (yield on the price)1.4%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.13.6% vs 7.6%, picking up
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.5% → 5%
2025 sits 68% above its own trend. The rate follows the median trend of the last 5 years, not that single year.
AI conclusion: The business shows strength in rapid AI server revenue and profit growth but suffers from weak overall margins and negative free cash flow indicating limited competitive advantages.
Main risk: The new US patent investigation targeting three subsidiaries over vertical power delivery systems risks disrupting production and customer relationships in the AI equipment supply chain.
Foxconn Industrial Internet delivered strong revenue and profit growth from AI servers through the first half. A new US patent investigation now targets three subsidiaries over vertical power delivery systems used in high-performance equipment. Our models see the shares as overvalued. Will the early-stage probe stay contained without affecting production and customer ties, or will it create longer-term friction in the AI supply chain?
Compare Foxconn Industrial Internet Co Ltd with another stock
Price, fair value, quality and upside side by side.
Free, no sign-up
Peer Groupⓘ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.Communication Equipment · 294 stocks
Beats the industry median on 9/12 measures
Overall it ranks above its industry peers.
Valuation
Quality Score58 · Above median
Fair Value upside−70.9% · Bottom 25%
Profitability
Return on equity (12 months)28.6% · Top 25%
Return on assets7.7% · Top 25%
Net margin (12 months)4.3% · Above median
Operating margin (12 months)5.0% · Below median
Growth and dividend
Revenue growth (quarter YoY)53.1% · Top 25%
Dividend yield (12 months)1.4% · Above median
Valuation Multiplesvs Communication Equipment median · lower = cheaper
P/E (12 months)20.2× · Cheaper than median
P/B5.69× · Priciest 25%
P/S (12 months)0.86× · Cheapest 25%
EV/EBITDA13.4× · Cheaper than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 0
FUTURE (revenue growth)100· sector 57
PAST (return on equity)100· sector 21
HEALTH (low debt)100· sector 98
DIVIDEND (yield)27· sector 26
VALUE 0: the price sits above our fair-value range.
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). "Foxconn Industrial Internet Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/601138
Frequently asked questions
Is Foxconn Industrial Internet Co Ltd (601138) overvalued or undervalued?
As of Oct 21, 2026, our model estimates a fair value of ¥13.93 versus a price of ¥47.91, about −71% upside (overvalued).
What is the fair value of 601138?
Our model-based fair value for Foxconn Industrial Internet Co Ltd is ¥13.93 (as of Oct 21, 2026), built from audited fundamentals. The current price: ¥47.91.
What is the quality score of 601138?
Foxconn Industrial Internet Co Ltd has a Quality Score of 58/100. 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 price target for Foxconn Industrial Internet Co Ltd (601138)?
Our model-based price target is the fair value of ¥13.93 (as of Oct 21, 2026) from 17 valuation models. Cautious scenario ¥10.01, optimistic scenario ¥20.62. It is a calculation from audited fundamentals, not an analyst target.
What is the Foxconn Industrial Internet Co Ltd stock forecast for 2026?
Our models put fair value at ¥13.93, about −71% upside versus a price of ¥47.91 (overvalued). Cautious scenario ¥10.01, optimistic scenario ¥20.62. The calculation is refreshed regularly with new filings.
What is the revenue of Foxconn Industrial Internet Co Ltd (601138)?
Foxconn Industrial Internet Co Ltd reported trailing-twelve-month revenue of about 1.1T CNY (latest available figure, as of Oct 21, 2026).
Does Foxconn Industrial Internet Co Ltd pay a dividend?
Foxconn Industrial Internet Co Ltd currently shows a dividend yield of 1.36% relative to its recent price (as of Oct 21, 2026).
What is the intrinsic value of Foxconn Industrial Internet Co Ltd (601138)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Foxconn Industrial Internet Co Ltd it is ¥13.93 per share (as of Oct 21, 2026), against a price of ¥47.91. It is the blended result of 17 valuation models (cash flow, earnings, asset, dividend).
Is Foxconn Industrial Internet Co Ltd stock overvalued or undervalued in 2026?
As of Oct 21, 2026, 601138 trades above its calculated fair value: price ¥47.91, fair value ¥13.93, a gap of about −71% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 601138?
No. The price is what the market pays today (¥47.91); the fair value is what the company's own numbers justify (¥13.93). For Foxconn Industrial Internet Co Ltd the two are ¥33.98 per share apart. That gap is exactly why we show both numbers side by side.
How much is Foxconn Industrial Internet Co Ltd worth?
The market values Foxconn Industrial Internet Co Ltd at about 950B CNY (market capitalisation, as of Oct 21, 2026). Per share that is ¥47.91; our models calculate a fair value of ¥13.93 per share.
What do the bullish and bearish scenarios say about 601138?
Our models span a range for Foxconn Industrial Internet Co Ltd: cautious scenario ¥10.01, base ¥13.93, optimistic ¥20.62 per share (as of Oct 21, 2026, price ¥47.91). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 601138?
Foxconn Industrial Internet Co Ltd trades at a price-to-earnings ratio of 20.2 (as of Oct 21, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ¥13.93 is built from several models across several years. Median P/E at fiscal year-end, 8 fiscal years (2018 to 2025), reported earnings: 14.8. Other multiples: P/B 5.7, P/S 0.9, EV/EBITDA 13.4.
How solid is the balance sheet of Foxconn Industrial Internet Co Ltd (601138)?
Balance-sheet figures for Foxconn Industrial Internet Co Ltd (as of Oct 21, 2026): return on equity 28.6%. They feed the Quality Score of 58/100, which measures business quality independently of the share price.
How far is 601138 from its 52-week high?
Foxconn Industrial Internet Co Ltd trades at ¥47.91, about 41% below its 52-week high of ¥81.05 and 2% above the low of ¥46.90 (as of Oct 22, 2026). Distance from the high says nothing about value: that is what the fair value of ¥13.93 is for.
Which stocks are comparable to Foxconn Industrial Internet Co Ltd?
From the same area (Technology) we also value Cisco Systems, Inc, Zhongji Innolight Co, Motorola Solutions, Inc, Lumentum Holdings, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Foxconn Industrial Internet Co Ltd stock attractive at the current price?
The data as of Oct 21, 2026: price ¥47.91, calculated fair value ¥13.93 (−71%), Quality Score 58/100, from 17 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 601138 calculated?
We run Foxconn Industrial Internet Co Ltd through 17 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of ¥13.93, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.2 % above its aggregate fair value. Foxconn Industrial Internet Co Ltd itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Foxconn Industrial Internet Co Ltd (601138)?
The closing price on Oct 22, 2026 was ¥47.91. Our model-based fair value is ¥13.93, about −71% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Foxconn Industrial Internet Co Ltd right now?
The price sits above even our optimistic bull case (¥20.62). 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. A fairly wide model range (¥10.01 to ¥20.62) leaves room in how you read the outcome.
Where does the earnings growth of Foxconn Industrial Internet Co Ltd (601138) come from?
Earnings per share at Foxconn Industrial Internet Co Ltd grew +5.3 % a year from 2015 to 2025. Broken into its drivers: revenue per share +7.6 %, EBIT margin −3.7 %, tax rate +0.9 %, residual (interest, one-offs) +0.8 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Foxconn Industrial Internet Co Ltd
How large is the market capitalisation of Foxconn Industrial Internet Co Ltd (601138)?
The market capitalisation of Foxconn Industrial Internet Co Ltd is 950B CNY (≈ $142B). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Foxconn Industrial Internet Co Ltd (601138)?
The price-to-sales ratio of Foxconn Industrial Internet Co Ltd is 0.86 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Foxconn Industrial Internet Co Ltd (601138)?
Earnings per share at Foxconn Industrial Internet Co Ltd are ¥2.37 (price ÷ EPS = P/E 20.2). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Foxconn Industrial Internet Co Ltd (601138)?
The dividend yield of Foxconn Industrial Internet Co Ltd is 1.4% (payout 27.4%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Foxconn Industrial Internet Co Ltd (601138)?
The net margin of Foxconn Industrial Internet Co Ltd is 4.3% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Foxconn Industrial Internet Co Ltd (601138)?
The return on equity (ROE) of Foxconn Industrial Internet Co Ltd is 28.6% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Foxconn Industrial Internet Co Ltd (601138)?
On an EBIT basis the return on assets of Foxconn Industrial Internet Co Ltd is 8.3% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Foxconn Industrial Internet Co Ltd (601138)?
The operating margin of Foxconn Industrial Internet Co Ltd is 5.0% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Foxconn Industrial Internet Co Ltd (601138)?
Revenue at Foxconn Industrial Internet Co Ltd is growing +53.1% versus a year earlier (3y avg +20.8%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Foxconn Industrial Internet Co Ltd (601138)?
Earnings per share at Foxconn Industrial Internet Co Ltd are growing +91.2% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Foxconn Industrial Internet Co Ltd (601138) generate?
The free cash flow of Foxconn Industrial Internet Co Ltd is −11.8B CNY (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Foxconn Industrial Internet Co Ltd (601138) carry?
The net debt of Foxconn Industrial Internet Co Ltd is 241M CNY (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch Foxconn Industrial Internet Co Ltd in the live analysis
One click puts Foxconn Industrial Internet Co Ltd on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 28,000+ stock screener.
Broad data
Oct 21, 2026