eMemory Technology

Advanced Process Nodes And Arm Collaborations Will Fuel Future Scalability

AN

AnalystConsensusTarget

AnalystConsensusTarget

Not Invested

Based on Analyst Price Targets

Published

30 Nov 24

Updated

07 Dec 25

n/a

n/a

AnalystConsensusTarget's Fair Value

n/a

1Y

-42.3%

7D

-5.3%

Loading

1Y

-42.3%

7D

-5.3%

You can edit this narrative until Dec 8 6:05 PM. Then, changes will post as Updates.

Author's Valuation

NT$2.96k36.2% undervalued

AnalystConsensusTarget Fair Value

Shared on 07 Dec 25

3529: Strong Margins And Earnings Multiple Will Support Future Upside Potential

Analysts have modestly maintained their fair value estimate for eMemory Technology at approximately TWD 2,963.33 per share, citing a slightly lower discount rate and largely unchanged expectations for robust revenue growth, strong profit margins, and elevated future price earnings multiples as support for the sustained target level. Valuation Changes The fair value estimate remained unchanged at approximately NT$2,963.33 per share, indicating no revision to the underlying intrinsic value assessment.

Shared on 23 Nov 25

Fair value Decreased 2.36%

3529: Higher Projected Revenue Will Offset Lower Margin Expectations

Analysts have revised their price target for eMemory Technology downward from NT$3,035 to approximately NT$2,963, citing updated expectations for higher revenue growth, lower profit margins, and a slight increase in discount rates. Valuation Changes Fair Value Estimate decreased moderately from NT$3,035 to approximately NT$2,963.

Shared on 19 Aug 25

Fair value Decreased 7.30%

The downward revision in eMemory Technology’s price target reflects concerns over a rising future P/E and a weakening net profit margin, resulting in a new consensus fair value of NT$3110. What's in the News eMemory Technology approved an amendment to its Articles of Incorporation at its AGM.

Shared on 01 May 25

Fair value Decreased 20%

Shared on 23 Apr 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 17 Apr 25

Fair value Decreased 2.84%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 09 Apr 25

Fair value Increased 28%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 02 Apr 25

Fair value Decreased 20%

Shared on 26 Mar 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 19 Mar 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 12 Mar 25

Fair value Increased 50%

AnalystConsensusTarget has decreased revenue growth from 35.0% to 31.3%, increased profit margin from 46.0% to 56.0% and increased future PE multiple from 61.3x to 83.4x.

AnalystConsensusTarget Fair Value

NT$2.96k

36.2% undervalued

Future estimation in

% p.a.

0

Decrease

Increase

Current revenue growth rate

29.80%

Semiconductors revenue growth rate

1.02%

Risk Level (Discount Rate)

Our default considers factors like the company's size, volatility, profitablity and country of operation.

%

0

Decrease

Increase

Current discount rate

9.05%

Calculation

NT$3.72b

Earnings '28

x

76.53x

PE Ratio '28

=

NT$284.37b

Market Cap '28

NT$284.37b

Market Cap '28

/

74.76m

No. shares '28

=

NT$3.80k

Share Price '28

NT$3.80k Share Price '28

Discounted to 2025 @ 9.05% p.a.

=

NT$2.93k

Fair Value '25