Unimicron Technology Corp.

TWSE:3037 Stock Report

Market Cap: NT$619.9b

Unimicron Technology Valuation

Is 3037 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • 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 3037 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

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

Below Future Cash Flow Value: 3037 (NT$405.5) is trading below our estimate of future cash flow value (NT$838.64)

Significantly Below Future Cash Flow Value: 3037 is trading below future cash flow value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 3037?

Key metric: As 3037 is barely profitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 3037. This is calculated by dividing 3037's market cap by their current revenue.
What is 3037's PS Ratio?
PS Ratio4.9x
SalesNT$125.93b
Market CapNT$619.87b

Price to Sales Ratio vs Peers

How does 3037's PS Ratio compare to its peers?

The above table shows the PS ratio for 3037 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average5.1x
2327 Yageo
4.6x11.01%NT$578.9b
2368 Gold Circuit Electronics
7.4x33.23%NT$398.1b
3008 LARGAN PrecisionLtd
5.1x1.88%NT$314.4b
2313 Compeq Manufacturing
3.3x9.80%NT$244.3b
3037 Unimicron Technology
4.9x20.32%NT$619.9b

Price-To-Sales vs Peers: 3037 is good value based on its Price-To-Sales Ratio (4.9x) compared to the peer average (5.1x).

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 3037's PS Ratio compare vs other companies in the TW Electronic Industry?

23 CompaniesPrice / SalesEstimated GrowthMarket Cap
3036 WT Microelectronics
0.2x17.73%US$6.33b
2347 Synnex Technology International
0.3x6.19%US$3.63b
3702 WPG Holdings
0.1x5.66%US$3.48b
8112 Supreme Electronics
0.2xn/aUS$1.24b
3037 4.9xIndustry Avg. 1.8xNo. of Companies47PS01.63.24.86.48+
23 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 3037 is expensive based on its Price-To-Sales Ratio (4.9x) compared to the TW Electronic industry average (1.8x).

Price to Sales Ratio vs Fair Ratio

What is 3037'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.

3037 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio4.9x
Fair PS Ratio2.3x

Price-To-Sales vs Fair Ratio: 3037 is expensive based on its Price-To-Sales Ratio (4.9x) compared to the estimated Fair Price-To-Sales Ratio (2.3x).

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 3037 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentNT$405.50
NT$355.59
-12.31%
29.88%NT$510.00NT$150.00n/a17
Feb ’27NT$378.50
NT$296.81
-21.58%
36.85%NT$450.00NT$120.75n/a17
Jan ’27NT$220.00
NT$212.15
-3.57%
24.94%NT$300.00NT$120.75n/a17
Dec ’26NT$197.00
NT$182.43
-7.40%
17.55%NT$250.00NT$120.75n/a17
Nov ’26NT$163.50
NT$175.18
+7.14%
16.52%NT$225.00NT$122.00n/a17
Oct ’26NT$155.00
NT$164.29
+6.00%
17.74%NT$225.00NT$110.00n/a17
Sep ’26NT$134.50
NT$161.24
+19.88%
19.67%NT$225.00NT$90.00n/a17
Aug ’26NT$138.50
NT$158.82
+14.67%
20.57%NT$225.00NT$90.00n/a17
Jul ’26NT$112.00
NT$127.53
+13.87%
34.41%NT$252.00NT$75.00n/a16
Jun ’26NT$106.00
NT$127.22
+20.02%
35.02%NT$252.00NT$75.00n/a16
May ’26NT$93.90
NT$128.47
+36.81%
34.94%NT$252.00NT$75.00n/a16
Apr ’26NT$95.40
NT$158.50
+66.14%
27.32%NT$275.00NT$90.00n/a14
Mar ’26NT$118.00
NT$166.71
+41.28%
25.06%NT$275.00NT$100.00n/a14
Feb ’26n/a
NT$212.80
0%
18.74%NT$300.00NT$120.00NT$378.5015
Jan ’26NT$141.00
NT$212.80
+50.92%
18.74%NT$300.00NT$120.00NT$220.0015
Dec ’25NT$149.00
NT$212.80
+42.82%
18.74%NT$300.00NT$120.00NT$197.0015
Nov ’25NT$166.00
NT$215.80
+30.00%
18.78%NT$300.00NT$120.00NT$163.5015
Oct ’25NT$144.50
NT$224.87
+55.62%
18.74%NT$300.00NT$120.00NT$155.0015
Sep ’25NT$163.50
NT$225.87
+38.14%
18.47%NT$300.00NT$120.00NT$134.5015
Aug ’25NT$183.00
NT$229.53
+25.43%
18.39%NT$300.00NT$120.00NT$138.5015
Jul ’25NT$179.50
NT$225.77
+25.78%
18.67%NT$300.00NT$120.00NT$112.0013
Jun ’25NT$182.50
NT$225.77
+23.71%
18.67%NT$300.00NT$120.00NT$106.0013
May ’25NT$182.00
NT$225.77
+24.05%
18.67%NT$300.00NT$120.00NT$93.9013
Apr ’25NT$193.00
NT$227.23
+17.74%
18.31%NT$300.00NT$120.00NT$95.4013
Mar ’25NT$178.00
NT$225.08
+26.45%
18.26%NT$300.00NT$120.00NT$118.0013
Feb ’25NT$177.50
NT$206.46
+16.32%
20.28%NT$300.00NT$120.00n/a13
NT$355.59
Fair Value
14.0% overvalued intrinsic discount
17
Number of Analysts

Analyst Forecast: Target price is lower than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/02/23 21:55
End of Day Share Price 2026/02/23 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

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

Unimicron Technology Corp. is covered by 33 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Yingchao YangBarclays
Hsin-Shan GaiBarclays
Hanxu WangBernstein