Novatek, TW0003034005

Novatek stock: Simply Wall St lifts TWD 529.72 fair value for Novatek stock

Published on 10/16/2026 at 17:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
The P/E was 20.14 on October 16, 2026. Novatek stock costs TWD 577.00 on October 16, 2026, up 2.12 percent versus the TWSE close.

Valuation anchor moves higher

  • On October 11, Simply Wall St raised its consensus fair value from TWD 529.17 to TWD 529.72.
  • Novatek's price-to-earnings ratio was 20.14 on October 16, 2026.
  • Novatek stock costs TWD 577.00 at 1:30 p.m. TST on October 16, 2026, up 2.12 percent versus the TWSE prior close of October 15, 2026.
  • Novatek's market capitalization was TWD 351.1 billion on October 16, 2026.
Novatek, TW0003034005, Illustration mit AI erstellt.

On October 11, Simply Wall St raised its consensus fair value for Novatek from TWD 529.17 to TWD 529.72. At TWD 577.00, that fair value sits 8.19 percent below the latest TWSE price. Novatek stock was last at TWD 577.00 on October 16, 2026 at 1:30 p.m. TST, up 2.12 percent versus the prior close of TWD 565.00 on October 15, 2026.

Market value reaches TWD 351.1 billion

Novatek's market capitalization stood at TWD 351.1 billion on October 16, 2026. The price-to-earnings ratio was 20.14 on the same date, placing the valuation figure beside the higher fair-value level published by Simply Wall St.

The quote sits below its yearly high

The stock's 52-week range was TWD 352.00 to TWD 606.00 on October 16, 2026. The latest price was 4.79 percent below the high and 63.92 percent above the low. Trading volume reached 4,997,029 shares, 39.73 percent above the average volume of 3,576,359 shares on the same date.

Valuation stays measurable

The market picture combines a higher daily quote with a valuation level that remains below the published fair value benchmark. The 8.19 percent gap is calculated against the TWD 577.00 TWSE price and the TWD 529.72 fair value, keeping both figures in the same currency.

Comparison with peers

Novatek (TWSE, TWD): plus 2.12 percent, P/E 20.14, market capitalization TWD 351.1 billion

MediaTek (TWSE, TWD): plus 2.04 percent, P/E 70.14, market capitalization TWD 6,787.9 billion

Jentech Precision Industrial (TWSE, TWD): minus 0.52 percent, P/E 152.26, market capitalization TWD 990.7 billion

What the price position says

Novatek's latest quote is much closer to its 52-week high than to its low, while its price-to-earnings ratio is lower than those of the two comparison companies. That combination gives the stock a clear market position without turning the fair-value estimate into a recommendation.

Novatek was last at TWD 577.00 on TWSE on October 16, 2026 at 1:30 p.m. TST, up 2.12 percent versus the prior close of TWD 565.00 on October 15, 2026.

Novatek market snapshot

  • Company: Novatek Microelectronics Corp.
  • ISIN: TW0003034005
  • Ticker: 3034.TW
  • Primary exchange: TWSE
  • Price TWSE (as of October 16, 2026, 1:30 p.m. TST): TWD 577.00
  • Daily change on TWSE: plus 2.12 percent
  • Prior close on TWSE (October 15, 2026): TWD 565.00
  • Market capitalization: TWD 351.1 billion (as of October 16, 2026)
  • 52-week range: TWD 352.00-TWD 606.00 (as of October 16, 2026)
  • Sector / Industry: Technology / Semiconductors

Market context: Market report TAIEX.

More news and analyses on Novatek stock

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en | TW0003034005 | NOVATEK | boerse | 70342028 | bgmi