Trade-Van Information Services Co (6183) fair value: what the stock is really worth
As of Nov 9, 2026: fair value (intrinsic value) of Trade-Van Information Services Co stock TWD 85.16, price TWD 88.70, that is 4.0% below the price, quality 76 out of 100. Rating: fairly valued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 8, 2026.
How to read this chart
60‑month range 45.93 TWD – 110.00 TWD · fair‑value band 53.01 TWD – 125.81 TWD · the 88.70 TWD price screens above the 85.16 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 8, 2026.
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Trade-Van Information Services Co. provides electronic data exchange services and related services in Taiwan.
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Its customer clearance services include e-manager, US sea cargo pre-declaration, value added tax customization, e-custom, container information, shipper inquiries system, customs automation, container yard and autonomy management system, shipping system, tax payment system, bonded warehouse audit and management, air cargo clearance system, and free trade zone service platform services.
The company also provides cross-border electronic transaction; online land administration; electronic tax filing; automobile liability insurance; asset management; financial monitoring; government systems integration; e-commerce; information security; global logistics and supply chain; e-marketplace platform; trade2cash; and big data services.
In addition, it is involved in the development of information and internet technology; wholesaling of electronic products and daily miscellaneous goods; and provision of import, export, and agency services. Trade-Van Information Services Co. was founded in 1990 and is based in Taipei, Taiwan.
Stock analysis
Trade-Van Information Services Co (6183) currently trades at 88.70 TWD, while our model-based Fair Value estimate is 85.16 TWD, so the stock looks roughly fairly valued today (gap 4.2%).
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Valuation
Bull case: the Growth Earnings group reads highest at a median of 96.77 TWD per share, and 7 of the 26 models we run sit above the 88.70 TWD price.
Bear case: the Earnings-Based group reads lowest at 35.11 TWD, and 19 of the 26 models stay below the price. Data coverage for this calculation is high.
Scenario range: 53.01 TWD (bear) to 125.81 TWD (bull), the price of 88.70 TWD sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 76/100 (high quality), in the Industrials sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Trade-Van Information Services Co reported revenue of 2.8B TWD in FY2025 versus 2.2B TWD in FY2021, a compound +5.4%/yr. Reported net income was 586M TWD in FY2025, compounding +8.3%/yr from FY2021.
Key figures
Market cap 13.3B TWD (≈ $406M) Small · P/E ratio 19.7 · P/S ratio 4.65 · EPS (TTM) 4.50 TWD · Dividend yield 4.0% · Net margin 23.6% · Return on equity 26.1% · Return on assets (EBIT) 14.7% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 87 out of 100 (medium confidence).
What moves the price
The share trades about 10% below its 52-week high and at its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −12% fair-value upside, at −4%, 6183 screens cheaper than that median.
Fair Value models
Bear53.01 TWDFair Value 85.16 TWDBull125.81 TWD
Price 88.70 TWD · Downside -4.0%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (0.8147 TWD per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.85/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+7.8%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+6.7%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+7.7%
Start year 2020 (pandemic). Over 10 years: +7.7% a year
Revenue growth 23 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+5.5%
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What shareholders gained per year (last 5 years), in TWD ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in TWD: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
+15.7%
Earnings growth per share plus dividend.
Earnings per share, growth per year+11.7%
Dividend (yield on the price)4.0%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.11.7% vs 11.6%, steady
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.23% → 25%
Pace: the 5-year rate starts in 2020 (pandemic)
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+13.0%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (Taiwan: IMF forecast 1.6% a year to 2030, 1.5% from 2016 to 2025) that is about +11.3% a year for the price.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Specialty Business Services · 229 stocks
Beats the industry median on 8/14 measures
A mixed picture versus its industry peers.
Valuation
Quality Score76 · Top 25%
Fair Value upside−4.0% · Below median
Profitability
Return on equity (12 months)26.1% · Top 25%
Return on assets12.8% · Top 25%
Net margin (12 months)23.6% · Top 25%
Operating margin (12 months)29.9% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)11.6% · Above median
Dividend yield (12 months)4.0% · Above median
Balance sheet
Debt / equity0.00× · Lowest 25%
Valuation Multiplesvs Specialty Business Services median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Trade-Van Information Services Co Fair Value". https://www.fairvalue-calculator.com/stock/6183
Frequently asked questions
Is Trade-Van Information Services Co (6183) overvalued or undervalued?
As of Nov 8, 2026, our model estimates a fair value of 85.16 TWD versus a price of 88.70 TWD, about 4% lower (fairly valued).
What is the fair value of 6183?
Our model-based fair value for Trade-Van Information Services Co is 85.16 TWD (as of Nov 8, 2026), built from audited fundamentals. The current price: 88.70 TWD.
What is the quality score of 6183?
Trade-Van Information Services Co has a Quality Score of 76/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Trade-Van Information Services Co (6183)?
Our model-based price target is the fair value of 85.16 TWD (as of Nov 8, 2026) from 26 valuation models. Cautious scenario 53.01 TWD, optimistic scenario 125.81 TWD. It is a calculation from audited fundamentals, not an analyst target.
What is the Trade-Van Information Services Co stock forecast for 2026?
Our models put fair value at 85.16 TWD, about 4% lower versus a price of 88.70 TWD (fairly valued). Cautious scenario 53.01 TWD, optimistic scenario 125.81 TWD. The calculation is refreshed regularly with new filings.
What is the revenue of Trade-Van Information Services Co (6183)?
Trade-Van Information Services Co reported trailing-twelve-month revenue of about 2.9B TWD (latest available figure, as of Nov 8, 2026).
Does Trade-Van Information Services Co pay a dividend?
Trade-Van Information Services Co currently shows a dividend yield of 4.00% relative to its recent price (as of Nov 8, 2026).
How much is the dividend of Trade-Van Information Services Co (6183) and when is the ex-dividend date?
Trade-Van Information Services Co pays a dividend of 3.55 TWD per share a year, a dividend yield of 4.0%. The last ex-dividend date was Aug 28, 2026. The payout ratio is 78.9% of earnings. Free cash flow covers the dividend 0.96 times. Our assessment: Sustainable. Payout and cash coverage both look sustainable.
What growth is priced into Trade-Van Information Services Co (6183)?
For today's price to be fair in a discounted-cash-flow model, Trade-Van Information Services Co would have to grow free cash flow by +13.0 % per year for five years (discount rate 10.3 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +7.7 % per year. As of Nov 8, 2026.
What discount rate (WACC) does the fair value of 6183 use?
Our models discount Trade-Van Information Services Co at 10.3 %: a base by market capitalisation (small), damped by beta 0.17, country premium for Taiwan. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Trade-Van Information Services Co that is +13.0 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (10.3 %) and the same formula as our fair value.
How much growth has Trade-Van Information Services Co (6183) delivered so far?
Over the past 5 years revenue at Trade-Van Information Services Co grew +7.7 % a year. The price currently implies free-cash-flow growth of +13.0 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Trade-Van Information Services Co (6183) growing?
The median revenue growth in the sector is +11.5 % a year. That is the yardstick for the growth priced into Trade-Van Information Services Co (+13.0 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Trade-Van Information Services Co (6183)?
The free-cash-flow yield on the price is 3.82 %: that much free cash flow Trade-Van Information Services Co produces per unit of market value. When it exceeds the discount rate of our models (10.3 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Trade-Van Information Services Co (6183)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Trade-Van Information Services Co it is 85.16 TWD per share (as of Nov 8, 2026), against a price of 88.70 TWD. It is the blended result of 26 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Trade-Van Information Services Co stock overvalued or undervalued in 2026?
As of Nov 8, 2026, 6183 trades above its calculated fair value: price 88.70 TWD, fair value 85.16 TWD, a gap of about −4% (fairly valued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 6183?
No. The price is what the market pays today (88.70 TWD); the fair value is what the company's own numbers justify (85.16 TWD). For Trade-Van Information Services Co the two are 3.54 TWD per share apart. That gap is exactly why we show both numbers side by side.
How much is Trade-Van Information Services Co worth?
The market values Trade-Van Information Services Co at about 13.3B TWD (market capitalisation, as of Nov 8, 2026). Per share that is 88.70 TWD; our models calculate a fair value of 85.16 TWD per share.
What do the bullish and bearish scenarios say about 6183?
Our models span a range for Trade-Van Information Services Co: cautious scenario 53.01 TWD, base 85.16 TWD, optimistic 125.81 TWD per share (as of Nov 8, 2026, price 88.70 TWD). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 6183?
Trade-Van Information Services Co trades at a price-to-earnings ratio of 19.7 (as of Nov 8, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 85.16 TWD is built from several models across several years. Median P/E at fiscal year-end, 10 fiscal years (2016 to 2025), reported earnings: 19.1. Other multiples: P/B 4.7, P/S 4.7, EV/EBITDA 14.1.
How solid is the balance sheet of Trade-Van Information Services Co (6183)?
Balance-sheet figures for Trade-Van Information Services Co (as of Nov 8, 2026): return on equity 26.1%, debt of 0.00 per unit of equity. They feed the Quality Score of 76/100, which measures business quality independently of the share price.
How far is 6183 from its 52-week high?
Trade-Van Information Services Co trades at 88.70 TWD, about 10% below its 52-week high of 98.60 TWD and at the low of 88.60 TWD (as of Nov 9, 2026). Distance from the high says nothing about value: that is what the fair value of 85.16 TWD is for.
Which stocks are comparable to Trade-Van Information Services Co?
From the same area (Industrials) we also value Cintas Corporation, Thomson Reuters Corporation, Copart, Inc, Global Payments Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Trade-Van Information Services Co stock attractive at the current price?
The data as of Nov 8, 2026: price 88.70 TWD, calculated fair value 85.16 TWD (−4%), Quality Score 76/100, from 26 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 6183 calculated?
We run Trade-Van Information Services Co through 26 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of 85.16 TWD builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. Trade-Van Information Services Co itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Trade-Van Information Services Co (6183)?
The closing price on Nov 9, 2026 was 88.70 TWD. Our model-based fair value is 85.16 TWD, about 4% lower (fairly valued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Trade-Van Information Services Co right now?
The price sits close to our fair value, market and models broadly agree here, little valuation tension. A fairly wide model range (53.01 TWD to 125.81 TWD) leaves room in how you read the outcome.
Where does the earnings growth of Trade-Van Information Services Co (6183) come from?
Earnings per share at Trade-Van Information Services Co grew +11.6 % a year from 2014 to 2025. Broken into its drivers: revenue per share +7.7 %, EBIT margin +3.9 %, tax rate −0.3 %, residual (interest, one-offs) +0.0 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Trade-Van Information Services Co
How large is the market capitalisation of Trade-Van Information Services Co (6183)?
The market capitalisation of Trade-Van Information Services Co is 13.3B TWD (≈ $406M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Trade-Van Information Services Co (6183)?
The price-to-sales ratio of Trade-Van Information Services Co is 4.65 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Trade-Van Information Services Co (6183)?
Earnings per share at Trade-Van Information Services Co are 4.50 TWD (price ÷ EPS = P/E 19.7). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Trade-Van Information Services Co (6183)?
The dividend yield of Trade-Van Information Services Co is 4.0% (payout 78.9%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Trade-Van Information Services Co (6183)?
The net margin of Trade-Van Information Services Co is 23.6% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Trade-Van Information Services Co (6183)?
The return on equity (ROE) of Trade-Van Information Services Co is 26.1% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Trade-Van Information Services Co (6183)?
On an EBIT basis the return on assets of Trade-Van Information Services Co is 14.7% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Trade-Van Information Services Co (6183)?
The operating margin of Trade-Van Information Services Co is 29.9% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Trade-Van Information Services Co (6183)?
Revenue at Trade-Van Information Services Co is growing +11.6% versus a year earlier (3y avg +6.7%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Trade-Van Information Services Co (6183)?
Earnings per share at Trade-Van Information Services Co are growing +50.6% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Trade-Van Information Services Co (6183) hold?
Trade-Van Information Services Co holds more cash than debt, 625M TWD net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
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Broad data
Nov 8, 2026