Novatek stock trades at TWD 565.00, 6.77 percent below its 52-week high
Published on 10/15/2026 at 15:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSRevenue and valuation update
- September sales reached TWD 10.35 billion and rose 25.00 percent year over year on October 6, 2026.
- Simply Wall St listed fair value at TWD 529.72 on October 11, 2026.
- Novatek stock costs TWD 565.00 on October 15, 2026, up 0.89 percent versus the prior close of TWD 560.00.
- Novatek traded at a P/E ratio of 19.72 on October 15, 2026.
Novatek stock was last at TWD 565.00 on October 15, 2026 at 1:30 p.m. TST, up 0.89 percent from the prior close of TWD 560.00. The price stood 6.77 percent below its 52-week high of TWD 606.00, keeping the stock below its recent peak while Taiwan technology shares faced heavier pressure.
Monthly sales provide the clearest operating counterpoint to the restrained daily move. Novatek reported September revenue of TWD 10.35 billion, up 25.00 percent from the same month a year earlier, according to TechNews on October 6, 2026. The result gives investors a dated measure of demand before the next full earnings update.
September sales rose 25.00 percent
The September figure matters because it combines a strong year-over-year comparison with a monthly sales base that can be checked against the companys quarterly trajectory. Novatek develops display driver integrated circuits and related technologies for digital devices, according to Novatek Microelectronics. Its public company profile identifies display IC solutions as the core business.
Price sits 6.77 percent below high
The Taiwan listing covered a range from TWD 452.00 to TWD 606.00 over the past 52 weeks. At TWD 565.00, Novatek was TWD 41.00 below the high and TWD 113.00 above the low. Trading volume reached 5,516,561 shares against an average of 3,554,471 shares, while the bid and ask were not used as a separate market signal.
Valuation and fair value
Novatek carried a market capitalization of TWD 343.8 billion and a P/E ratio of 19.72 on October 15, 2026. A Simply Wall St update dated October 11, 2026 placed its model fair value at TWD 529.72, below the market price, and described the valuation as 5.50 percent above that estimate.
Comparison with peers
Novatek: plus 0.89 percent, P/E 19.72, market capitalization TWD 343.8 billion
United Microelectronics Corporation (Taiwan Stock Exchange, TWD): minus 5.99 percent, P/E 20.08, market capitalization TWD 1,674.0 billion
MediaTek (Taiwan Stock Exchange, TWD): minus 6.93 percent, P/E 68.74, market capitalization TWD 6,647.8 billion
Stock stays below the yearly high
Novatek Microelectronics Corp. trades under ticker 3034 on the Taiwan listing and carries ISIN TW0003034005, as identified by ByteTrend. The combination of September growth, a 19.72 P/E ratio and a price 6.77 percent below the 52-week high gives the stock a measurable operating and valuation frame.
Novatek stock was last at TWD 565.00 on October 15, 2026 at 1:30 p.m. TST on the Taiwan listing, up 0.89 percent versus the prior close of TWD 560.00.
Novatek at a glance
- Company: Novatek Microelectronics Corp.
- ISIN: TW0003034005
- Ticker: 3034
- Primary exchange: Taiwan Stock Exchange
- Price on Taiwan listing as of October 15, 2026, 1:30 p.m. TST: TWD 565.00
- Change versus prior close: plus 0.89 percent
- Prior close: TWD 560.00
- Market capitalization: TWD 343.8 billion (as of October 15, 2026)
- 52-week range: TWD 452.00-TWD 606.00 (as of October 15, 2026)
- Sector / Industry: Technology / Semiconductors
- Index membership: TAIEX
Market context: Market report TAIEX.
