Andes Technology Corporation

TWSE:6533 Stock Report

Market Cap: NT$10.2b

Andes Technology Valuation

Is 6533 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of 6533 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

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Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: 6533 (NT$201) is trading above our estimate of future cash flow value (NT$47.44)

Significantly Below Future Cash Flow Value: 6533 is trading above our estimate of future cash flow value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 6533?

Key metric: As 6533 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 6533. This is calculated by dividing 6533's market cap by their current revenue.
What is 6533's PS Ratio?
PS Ratio6.6x
SalesNT$1.53b
Market CapNT$10.18b

Price to Sales Ratio vs Peers

How does 6533's PS Ratio compare to its peers?

The above table shows the PS ratio for 6533 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average3.1x
5236 Sunplus Innovation Technology
4.6xn/aNT$9.5b
6435 Sinopower Semiconductor
3x28.99%NT$10.3b
8054 Alcor MicroCorp
2.5xn/aNT$10.5b
6104 Genesys Logic
2.2xn/aNT$9.0b
6533 Andes Technology
6.6x28.21%NT$10.2b

Price-To-Sales vs Peers: 6533 is expensive based on its Price-To-Sales Ratio (6.6x) compared to the peer average (3.1x).

Historical Price to Sales Ratio

Historical Price to Sales Ratio compares a stock's price to its sales over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Sales Ratio vs Industry

How does 6533's PS Ratio compare vs other companies in the TW Semiconductor Industry?

17 CompaniesPrice / SalesEstimated GrowthMarket Cap
6176 Radiant Opto-Electronics
0.9x-4.13%US$1.33b
4967 Team Group
1xn/aUS$730.69m
3592 Raydium Semiconductor
0.9xn/aUS$652.36m
8096 CoAsia Electronics
0.7xn/aUS$625.66m
6533 6.6xIndustry Avg. 4.6xNo. of Companies43PS048121620+
17 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 6533 is expensive based on its Price-To-Sales Ratio (6.6x) compared to the TW Semiconductor industry average (4.6x).

Price to Sales Ratio vs Fair Ratio

What is 6533's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

6533 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio6.6x
Fair PS Ratio21.7x

Price-To-Sales vs Fair Ratio: 6533 is good value based on its Price-To-Sales Ratio (6.6x) compared to the estimated Fair Price-To-Sales Ratio (21.7x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 6533 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentNT$201.00
NT$277.50
+38.06%
35.14%NT$375.00NT$180.00n/a2
Jun ’27NT$221.00
NT$338.33
+53.09%
34.64%NT$460.00NT$180.00n/a3
May ’27NT$228.50
NT$338.33
+48.07%
34.64%NT$460.00NT$180.00n/a3
Apr ’27NT$179.00
NT$338.33
+89.01%
34.64%NT$460.00NT$180.00n/a3
Mar ’27NT$219.00
NT$478.81
+118.63%
19.50%NT$601.42NT$375.00n/a3
Feb ’27NT$239.00
NT$478.81
+100.34%
19.50%NT$601.42NT$375.00n/a3
Jan ’27NT$240.00
NT$405.28
+68.87%
28.51%NT$601.42NT$290.00n/a5
Dec ’26NT$283.50
NT$405.28
+42.96%
28.51%NT$601.42NT$290.00n/a5
Nov ’26NT$268.00
NT$405.28
+51.23%
28.51%NT$601.42NT$290.00n/a5
Oct ’26NT$302.00
NT$406.60
+34.64%
28.97%NT$608.00NT$290.00n/a5
Sep ’26NT$284.50
NT$406.60
+42.92%
28.97%NT$608.00NT$290.00n/a5
Aug ’26NT$284.50
NT$406.60
+42.92%
28.97%NT$608.00NT$290.00n/a5
Jul ’26NT$284.50
NT$442.33
+55.48%
28.69%NT$608.00NT$290.00n/a6
Jun ’26NT$271.50
NT$459.00
+69.06%
24.28%NT$608.00NT$300.00NT$221.006
May ’26NT$285.00
NT$483.33
+69.59%
19.13%NT$608.00NT$366.00NT$228.506
Apr ’26NT$327.00
NT$483.33
+47.81%
19.13%NT$608.00NT$366.00NT$179.006
Mar ’26NT$405.00
NT$479.17
+18.31%
19.61%NT$608.00NT$366.00NT$219.006
Feb ’26n/a
NT$479.17
0%
19.61%NT$608.00NT$366.00NT$239.006
Jan ’26NT$414.50
NT$479.17
+15.60%
19.61%NT$608.00NT$366.00NT$240.006
Dec ’25NT$366.00
NT$479.17
+30.92%
19.61%NT$608.00NT$366.00NT$283.506
Nov ’25NT$407.50
NT$479.17
+17.59%
19.61%NT$608.00NT$366.00NT$268.006
Oct ’25NT$367.50
NT$469.00
+27.62%
24.10%NT$608.00NT$340.00NT$302.005
Sep ’25NT$368.00
NT$493.00
+33.97%
19.12%NT$608.00NT$366.00NT$284.505
Aug ’25NT$382.50
NT$516.20
+34.95%
18.89%NT$658.00NT$420.00NT$284.505
Jul ’25NT$423.00
NT$516.20
+22.03%
18.89%NT$658.00NT$420.00NT$284.505
Jun ’25NT$399.00
NT$516.20
+29.37%
18.89%NT$658.00NT$420.00NT$271.505
NT$277.5
Fair Value
27.6% undervalued intrinsic discount
2
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/14 08:52
End of Day Share Price 2026/06/12 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Andes Technology Corporation is covered by 8 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Rick HsuDaiwa Securities Co. Ltd.
Yi-Chun LinDaiwa Securities Co. Ltd.
Wei Lun YangJ.P. Morgan