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Silergy Corp (6415) Fair Value & Analysis

Technology · TW · Market cap 203B TWD (≈ $6.4B) · ISIN KYG8190F1028

What is Silergy Corp really worth?

SC Silergy Corp 6415 · TW
Price428.50 TWD
Fair Value133.14 TWD
Upside−68.9%
Quality53/100

A solid business, but trading 222% above our fair value of 133.14 TWD.

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Strengths

Solidly profitable · 14.8% net margin
Low debt · generates free cash flow

Risks

!Weak Growth (revenue 5y +6.3 %/yr)
!Trails peers (5/14)
!Moderate moat 46/100
!Weak on dividend: 12 out of 100

For context

·0.60% dividend yield
Evidence: High Range 72.20 TWD – 181.49 TWD

Fair value as of: Aug 13, 2026

From 26 valuation models · updated 22 days ago

Fair value updated Aug 13, 2026, revised from 113.74 TWD to 133.14 TWD (+17.1%) since Jul 12, 2026. Share price −3.7% 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 (181.49 TWD). The favourable scenario is already priced in.
  • Solid but not exceptional quality (53/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (72.20 TWD to 181.49 TWD) leaves room in how you read the outcome.

Price vs Fair Value (5 years)

1,319 TWD 179.50 TWD Fair Value 133.14 TWD Mar 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range 179.50 TWD – 1,319 TWD · fair‑value band 72.20 TWD – 181.49 TWD · the 428.50 TWD price screens above the 133.14 TWD fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Silergy Corp (6415) currently trades at 428.50 TWD, while our model-based Fair Value estimate is 133.14 TWD, implying the stock looks roughly 221.9% overvalued today. The Quality Score stands at 53/100 (solid quality), in the Technology sector. Bull case: the Growth Earnings group reads highest at a median of 197.28 TWD per share, and 0 of the 26 models we run sit above the 428.50 TWD price. Bear case: the Growth DCF group reads lowest at 38.64 TWD, and 26 of the 26 models stay below the price. Evidence for this calculation is high.

Over the trailing twelve months, Silergy Corp generated revenue of 19.6B TWD at a net margin of 14.8%. Revenue grew 18.7% year over year. It earns a return on equity of 7.8%. The balance sheet holds a net cash position of 6.2B TWD. Fundamentals as of Aug 13, 2026

Our scenario range runs from 72.20 TWD (bear case) to 181.49 TWD (bull case); at 428.50 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 share trades about 38% below its 52-week high and 146% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at −59% fair-value upside, at −69%, 6415 screens richer 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 2.53 TWD per share, which is 1.9 % 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 28.54 TWD 36.27 TWD 58.73 TWD 77
Growth DCF 28.11 TWD 38.64 TWD 59.47 TWD 76
EPV 67.86 TWD 76.63 TWD 84.42 TWD 74
All 26 models by family
DCF Models
FCF DCF 28.54 TWD 36.27 TWD 58.73 TWD 77
Owner Earnings 69.02 TWD 136.11 TWD 282.07 TWD 69
5Y Revenue Exit 59.55 TWD 105.75 TWD 194.10 TWD 67
5Y EBITDA Exit 93.80 TWD 180.45 TWD 334.88 TWD 69
5Y P/E Exit 116.99 TWD 248.06 TWD 419.11 TWD 66
10Y Revenue Exit 48.68 TWD 98.77 TWD 167.20 TWD 62
10Y EBITDA Exit 75.40 TWD 164.28 TWD 333.32 TWD 61
10Y P/E Exit 92.05 TWD 208.64 TWD 415.80 TWD 57
Earnings-Based
Graham-Dodd 43.39 TWD 298.09 TWD 418.05 TWD 61
Lynch FV 87.72 TWD 125.31 TWD 162.91 TWD 59
PEG = 1.0 87.72 TWD 125.31 TWD 162.91 TWD 55
EPV 67.86 TWD 76.63 TWD 84.42 TWD 74
Dividend Discount
Gordon GGM 22.97 TWD 50.15 TWD 84.38 TWD 63
DDM Multi-Stage 22.97 TWD 41.08 TWD 52.26 TWD 64
Multiples
P/E Multiple 133.99 TWD 178.65 TWD 223.32 TWD 63
P/S Multiple 81.35 TWD 108.47 TWD 135.59 TWD 58
P/B Multiple 81.35 TWD 108.47 TWD 135.59 TWD 55
EV/EBIT 117.55 TWD 150.67 TWD 183.79 TWD 66
EV/EBITDA 119.81 TWD 153.68 TWD 187.55 TWD 67
EV/Revenue 68.42 TWD 89.94 TWD 111.47 TWD 54
Asset-Based
NCAV (Graham) 48.04 TWD 64.38 TWD 96.09 TWD 54
Growth DCF
Growth DCF 28.11 TWD 38.64 TWD 59.47 TWD 76
Rev-Margin DCF 59.55 TWD 108.95 TWD 182.55 TWD 68
Economic Profit
Residual Income 78.47 TWD 82.57 TWD 88.36 TWD 74
ROIC Compounder 67.86 TWD 76.63 TWD 84.42 TWD 70
Growth Earnings
Growth-Adj P/E 138.09 TWD 197.28 TWD 256.46 TWD 65

Widest divergence: Growth Earnings (197.28 TWD) versus Growth DCF (38.64 TWD). Highest evidence: FCF DCF (77).

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Key figures & financial health

P/E ratio 68.2
P/S ratio 8.99 P/E × margin
EPS (TTM) 6.28 TWD price ÷ EPS = P/E 68.2
Dividend yield 0.6% payout 40.6%
Net margin 13.2% FY2025
Return on equity 7.8% TTM
More key figures
Profitability
Return on assets (EBIT) 10.7% avg 5y
Operating margin 8.0% TTM
Growth
Revenue (TTM) 19.6B TWD TTM
Revenue growth (YoY) +18.7% 3y avg −7.2%
EPS growth (YoY) +115%
Balance sheet & cash flow
Free cash flow 244M TWD FY2025
Net cash 6.2B TWD FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 53/100

Of which business quality 55 · Market factors (momentum, volatility) 44

Profitability 40
Margins and returns on capital today
Quality Growth 31
Are margins and returns improving?
Cashflow 25
Earnings quality: real cash, not paper profit
Fin. Strength 94
Balance sheet, leverage, solvency risk
Investment 59
Disciplined investing over empire-building
Low Volatility 0
Calm price path (market factor)
Momentum 63
Price trend over the last 3–12 months (market factor)
52W Momentum 60
Distance to the 52-week high (market factor)
Net Issuance 81
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

Silergy Corp. designs, manufactures, and sales of various integrated circuit products and related technical services in China and internationally.

Full company description

Silergy Corp. designs, manufactures, and sales of various integrated circuit products and related technical services in China and internationally. The company offers DC-DC and AC-DC regulators, AC and DC LED drives, power and battery management IC's, power modules, protection switch IC's, low dropout regulators, sensors, ESD protection, audio products, amplifiers, data converters, motor and DC LED drivers, voltage reference products, MCU and mixed-signal ICs, clock generators, and embedded processors. Its products are used in automotive, communication, computing, power and building automation, motor and power control, energy storage system, factory automation, medical, electric bicycles, electronic payment, consumer electronics, HEA, and LED lighting applications. The company was incorporated in 2008 and is headquartered in Grand Cayman, Cayman Islands.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Silergy Corp reported revenue of 18.8B TWD in FY2025 versus 21.5B TWD in FY2021, a compound −3.3%/yr. Reported net income was 2.5B TWD in FY2025, compounding −18.9%/yr from FY2021.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
18.8B TWD
Latest YoY
+1.9%
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.
−7.2%
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.
+6.3%
Avg. revenue growth/yr (15Y) 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.
+34.9%
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.
−5.3% (−5.9 + 0.6)
Revenue −3.3%/yr
FY21 21.5B TWD
FY22 23.5B TWD
FY23 15.4B TWD
FY24 18.5B TWD
FY25 18.8B TWD
Net income −18.9%/yr
FY21 5.7B TWD
FY22 6.0B TWD
FY23 746M TWD
FY24 2.3B TWD
FY25 2.5B TWD
Character of growth · EPS growth decomposed (2014-2025) +5.6 % p.a.
Revenue per share +12.4 %

of which total revenue +14.8 % · buybacks/dilution −2.1 %

EBIT margin −6.5 %
Tax rate −1.0 %
Residual (interest, one-offs) +1.6 %

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).

6415 screens 222% overvalued. Compare with NVIDIA Corporation →

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Cite: Fair Value Calculator (2026). "Silergy Corp Fair Value". https://www.fairvalue-calculator.com/stock/6415

Peer Group

Semiconductors · 325 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 53 · Below median
Fair Value upside −69% · Below median
Return on equity (TTM) 8% · Above median
Return on assets 3% · Above median
Net margin (TTM) 15% · Above median
Operating margin (TTM) 8% · Below median
Revenue growth 19% · Above median
Dividend yield (TTM) 0.6% · Below median
Debt / equity 0.07× · Lower than median

Valuation Multiples vs Semiconductors median · lower = cheaper

P/E (TTM) 68.2× · Pricier than median
P/B 5.44× · Pricier than median
P/S (TTM) 10.37× · Pricier than 75% of peers
P/FCF 26.2× · Pricier than 75% of peers
EV/EBITDA 67.5× · Pricier than 75% of peers

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
FUTURE94 · sector 65
PAST31 · sector 25
HEALTH96 · sector 96
DIVIDEND12 · sector 18

VALUE 0: the price sits above our fair-value range.

Insider activity: 35/100

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 Semiconductors stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
NVIDIA Corporation NVDA $227.98 $98.98 −57%
Taiwan Semiconductor Manufacturing Company TSM $427.30 $296.10 −31%
Broadcom Inc AVGO $371.54 $118.27 −68%
SK hynix Inc 000660 1,647,000 KRW 1,481,291 KRW −10%
Micron Technology, Inc MU $932.86 $148.38 −84%
Advanced Micro Devices, Inc AMD $476.67 $55.02 −88%
Intel Corporation INTC $92.09 $35.41 −62%
Texas Instruments Incorporated TXN $266.54 $78.54 −71%
QUALCOMM Incorporated QCOM $164.78 $147.20 −11%
MediaTek Inc 2454 3,845 TWD 1,559 TWD −59%

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Frequently asked questions

Is Silergy Corp (6415) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 133.14 TWD versus a price of 428.50 TWD, about −69% upside (overvalued).
What is the fair value of 6415?
Our model-based fair value for Silergy Corp is 133.14 TWD (as of Aug 13, 2026), built from audited fundamentals. The current price: 428.50 TWD.
What is the quality score of 6415?
Silergy Corp has a Quality Score of 53/100. 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 Silergy Corp (6415)?
Silergy Corp reported trailing-twelve-month revenue of about 19.6B TWD (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 6415?
The net profit margin of Silergy Corp is about 14.8%, meaning it keeps roughly 14.8% of revenue as net income. Based on the latest reported figures.
Does Silergy Corp pay a dividend?
Silergy Corp currently shows a dividend yield of about 0.60% relative to its recent price (as of Aug 13, 2026).
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