Systex Corp (6214) fair value: what the stock is really worth
As of Nov 9, 2026: fair value (intrinsic value) of Systex Corp stock TWD 140, price TWD 179, that is 21.7% below the price, quality 62 out of 100. Rating: overvalued. 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 7, 2026.
How to read this chart
60‑month range 60.86 TWD – 203.00 TWD · fair‑value band 97.24 TWD – 189.78 TWD · the 179.00 TWD price screens above the 140.11 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 7, 2026.
Follow Systex in your weekly email
Every Wednesday you see whether Systex is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Systex Corporation provides various IT services for enterprise and government clients in Taiwan and Asia.
Show moreShow less
It operates through Financial Business Integration, Consumer Market Integration, Digital Ecosystem Integration, Commercial Software Service Integration, China Group, and Investment Department segments.
The Financial Business Integration segment provides financial technologies and develops smart finance solutions centered on FinTech to assist financial customers in digital transformation, including transformation services in mobile applications, integration services for investor, and wealth management upgrade services.
The Consumer Market Integration segment offers full channel and payment services; and assists customers in operating O2O business to realize digital transformation.
The Digital Ecosystem Integration segment provides data technology products and solutions to drive business intelligence growth of customers, act as the data enabler for customers, and introduce digital technology to offer solutions to customer in digital transformation.
The Commercial Software Services Integration segment provides software and hardware, learning cloud-related technologies and applications; and IT integration and ecosystem information services.
The China Group segment offers system integration and value-added services; and commercial software and cloud platform tools. The Investment Department segment engages in investment activities.
It is also involved in the sale and leasing of computer software and related equipment; transmission and security of value-added network; maintenance of database; consultation, spare parts, and repairs and maintenace services; design, installation, and maintenance of computer information and communication engineering activities; and provision of computer system software, wire communication equipment and apparatus, and electronic parts and components.
Systex Corporation was incorporated in 1997 and is based in Taipei, Taiwan.
Stock analysis
Systex Corp (6214) currently trades at 179.00 TWD, while our model-based Fair Value estimate is 140.11 TWD, 22% below the price, so the stock looks overvalued today.
Show more
Valuation
Bull case: the Growth Earnings group reads highest at a median of 169.50 TWD per share, and 4 of the 26 models we run sit above the 179.00 TWD price.
Bear case: the Asset-Based group reads lowest at 32.83 TWD, and 22 of the 26 models stay below the price. Data coverage for this calculation is high.
Scenario range: 97.24 TWD (bear) to 189.78 TWD (bull), the price of 179.00 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 62/100 (solid quality), in the Technology sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Systex Corp reported revenue of 44.0B TWD in FY2025 versus 29.5B TWD in FY2021, a compound +10.5%/yr. Reported net income was 2.1B TWD in FY2025, compounding +15.4%/yr from FY2021.
Key figures
Market cap 48.8B TWD (≈ $1.5B) Small · P/E ratio 16.8 · P/S ratio 0.95 · EPS (TTM) 10.68 TWD · Dividend yield 2.7% · Net margin 5.7% · Return on equity 16.9% · Return on assets (EBIT) 4.6% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 45 out of 100 (low confidence).
What moves the price
The share trades about 12% below its 52-week high and 70% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Technology peers we cover trades at 20% fair-value upside, at −22%, 6214 screens richer than that median.
Fair Value models
Bear97.24 TWDFair Value 140.11 TWDBull189.78 TWD
Price 179.00 TWD · Downside -21.7%
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 (9.16 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.88/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+12.9%
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.
+9.9%
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.
+13.1%
Start year 2020 (pandemic). Over 10 years: +10.4% 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.
+17.2%
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
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.
+4.4%
Earnings growth per share plus dividend.
Earnings per share, growth per year+1.7%
Dividend (yield on the price)2.7%
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.1.7% vs 9.1%, slowing
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.5% → 4%
Pace: the 5-year rate starts in 2020 (pandemic)
Growth Forecast
Price in line with expectations
The price assumes about as much growth as 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).
+15.2%
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 +13.4% a year for the price.
Price, fair value, quality and upside side by side.
Free, no sign-up
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.Information Technology Services · 479 stocks
Beats the industry median on 9/14 measures
Overall it ranks above its industry peers.
Valuation
Quality Score62 · Above median
Fair Value upside−21.7% · Below median
Profitability
Return on equity (12 months)16.9% · Above median
Return on assets5.7% · Above median
Net margin (12 months)5.7% · Above median
Operating margin (12 months)3.7% · Below median
Growth and dividend
Revenue growth (quarter YoY)51.9% · Top 25%
Dividend yield (12 months)2.7% · Above median
Balance sheet
Debt / equity0.03× · Below median
Valuation Multiplesvs Information Technology 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). "Systex Corp Fair Value". https://www.fairvalue-calculator.com/stock/6214
Frequently asked questions
Is Systex Corp (6214) overvalued or undervalued?
As of Nov 7, 2026, our model estimates a fair value of 140.11 TWD versus a price of 179.00 TWD, about 22% lower (overvalued).
What is the fair value of 6214?
Our model-based fair value for Systex Corp is 140.11 TWD (as of Nov 7, 2026), built from audited fundamentals. The current price: 179.00 TWD.
What is the quality score of 6214?
Systex Corp has a Quality Score of 62/100. 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 Systex Corp (6214)?
Our model-based price target is the fair value of 140.11 TWD (as of Nov 7, 2026) from 26 valuation models. Cautious scenario 97.24 TWD, optimistic scenario 189.78 TWD. It is a calculation from audited fundamentals, not an analyst target.
What is the Systex Corp stock forecast for 2026?
Our models put fair value at 140.11 TWD, about 22% lower versus a price of 179.00 TWD (overvalued). Cautious scenario 97.24 TWD, optimistic scenario 189.78 TWD. The calculation is refreshed regularly with new filings.
What is the revenue of Systex Corp (6214)?
Systex Corp reported trailing-twelve-month revenue of about 51.4B TWD (latest available figure, as of Nov 7, 2026).
Does Systex Corp pay a dividend?
Systex Corp currently shows a dividend yield of 2.71% relative to its recent price (as of Nov 7, 2026).
How much is the dividend of Systex Corp (6214)?
Systex Corp has a dividend yield of 2.7%.
What growth is priced into Systex Corp (6214)?
For today's price to be fair in a discounted-cash-flow model, Systex Corp would have to grow free cash flow by +15.2 % 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 +13.1 % per year. As of Nov 7, 2026.
What discount rate (WACC) does the fair value of 6214 use?
Our models discount Systex Corp at 10.3 %: a base by market capitalisation (small), damped by beta 0.43, 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 Systex Corp that is +15.2 % 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 Systex Corp (6214) delivered so far?
Over the past 5 years revenue at Systex Corp grew +13.1 % a year. The price currently implies free-cash-flow growth of +15.2 % 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 Systex Corp (6214) growing?
The median revenue growth in the sector is +11.5 % a year. That is the yardstick for the growth priced into Systex Corp (+15.2 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Systex Corp (6214)?
The free-cash-flow yield on the price is 3.36 %: that much free cash flow Systex Corp 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 Systex Corp (6214)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Systex Corp it is 140.11 TWD per share (as of Nov 7, 2026), against a price of 179.00 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 Systex Corp stock overvalued or undervalued in 2026?
As of Nov 7, 2026, 6214 trades above its calculated fair value: price 179.00 TWD, fair value 140.11 TWD, a gap of about −22% (overvalued). 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 6214?
No. The price is what the market pays today (179.00 TWD); the fair value is what the company's own numbers justify (140.11 TWD). For Systex Corp the two are 38.89 TWD per share apart. That gap is exactly why we show both numbers side by side.
How much is Systex Corp worth?
The market values Systex Corp at about 48.8B TWD (market capitalisation, as of Nov 7, 2026). Per share that is 179.00 TWD; our models calculate a fair value of 140.11 TWD per share.
What do the bullish and bearish scenarios say about 6214?
Our models span a range for Systex Corp: cautious scenario 97.24 TWD, base 140.11 TWD, optimistic 189.78 TWD per share (as of Nov 7, 2026, price 179.00 TWD). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 6214?
Systex Corp trades at a price-to-earnings ratio of 16.8 (as of Nov 7, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 140.11 TWD is built from several models across several years. Median P/E at fiscal year-end, 10 fiscal years (2016 to 2025), reported earnings: 15.1. Other multiples: P/B 2.7, P/S 1.0, EV/EBITDA 20.8.
How solid is the balance sheet of Systex Corp (6214)?
Balance-sheet figures for Systex Corp (as of Nov 7, 2026): return on equity 16.9%, debt of 0.03 per unit of equity. They feed the Quality Score of 62/100, which measures business quality independently of the share price.
How far is 6214 from its 52-week high?
Systex Corp trades at 179.00 TWD, about 12% below its 52-week high of 203.00 TWD and 70% above the low of 105.00 TWD (as of Nov 9, 2026). Distance from the high says nothing about value: that is what the fair value of 140.11 TWD is for.
Which stocks are comparable to Systex Corp?
From the same area (Technology) we also value International Business Machines Corporation, Accenture plc, Tata Consultancy Services Limited, Infosys Limited, 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 Systex Corp stock attractive at the current price?
The data as of Nov 7, 2026: price 179.00 TWD, calculated fair value 140.11 TWD (−22%), Quality Score 62/100, 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 6214 calculated?
We run Systex Corp 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 140.11 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. Systex Corp 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 Systex Corp (6214)?
The closing price on Nov 9, 2026 was 179.00 TWD. Our model-based fair value is 140.11 TWD, about 22% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Systex Corp right now?
Solid but not exceptional quality (62/100) and above fair value, neither a clear bargain nor a standout compounder. A fairly wide model range (97.24 TWD to 189.78 TWD) leaves room in how you read the outcome.
Where does the earnings growth of Systex Corp (6214) come from?
Earnings per share at Systex Corp grew +9.2 % a year from 2014 to 2025. Broken into its drivers: revenue per share +9.8 %, EBIT margin +5.4 %, tax rate −0.1 %, residual (interest, one-offs) −5.6 %. 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 Systex Corp
How large is the market capitalisation of Systex Corp (6214)?
The market capitalisation of Systex Corp is 48.8B TWD (≈ $1.5B). 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 Systex Corp (6214)?
The price-to-sales ratio of Systex Corp is 0.95 (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 Systex Corp (6214)?
Earnings per share at Systex Corp are 10.68 TWD (price ÷ EPS = P/E 16.8). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Systex Corp (6214)?
The dividend yield of Systex Corp is 2.7% (payout 45.4%). 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 Systex Corp (6214)?
The net margin of Systex Corp is 5.7% (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 Systex Corp (6214)?
The return on equity (ROE) of Systex Corp is 16.9% (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 Systex Corp (6214)?
On an EBIT basis the return on assets of Systex Corp is 4.6% (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 Systex Corp (6214)?
The operating margin of Systex Corp is 3.7% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Systex Corp (6214)?
Revenue at Systex Corp is growing +51.9% versus a year earlier (3y avg +9.9%). 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 Systex Corp (6214)?
Earnings per share at Systex Corp are growing +50.2% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Systex Corp (6214) carry?
The net debt of Systex Corp is 152M TWD (fiscal year 2025, ≈ 0.1 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch Systex Corp in the live analysis
One click puts Systex Corp on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.
Broad data
Nov 7, 2026