Art Emperor Technology And Culture Co., Ltd. (6650) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Art Emperor Technology And Culture Co., Ltd. stock TWD 38.37, price TWD 24.40, upside +57.3%, quality 62 out of 100. Rating: strongly undervalued. Calculated from audited financials with 25 of our 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 4, 2026.
How to read this chart
60‑month range 24.40 TWD – 55.03 TWD · fair‑value band 26.86 TWD – 49.88 TWD · the 24.40 TWD price screens below the 38.37 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 4, 2026.
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Art Emperor Technology And Culture Co., Ltd. engages in the provision of art auction services. It also offers art auction and brokerage, art online platform, curatorial services, and e-commerce businesses. The company was incorporated in 1998 and is based in Taipei, Taiwan.
Stock analysis
Art Emperor Technology And Culture Co., Ltd. (6650) currently trades at 24.40 TWD, while our model-based Fair Value estimate is 38.37 TWD, implying the stock looks roughly 36% undervalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of 48.28 TWD per share, and 20 of the 25 models we run sit above the 24.40 TWD price.
Bear case: the Asset-Based group reads lowest at 13.91 TWD, and 5 of the 25 models stay below the price. Data coverage for this calculation is low.
Scenario range: 26.86 TWD (bear) to 49.88 TWD (bull), the price of 24.40 TWD sits below 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 Communication Services sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Art Emperor Technology And Culture Co., Ltd. reported revenue of 216M TWD in FY2024 versus 172M TWD in FY2020, a compound +5.9%/yr. Reported net income was 70.6M TWD in FY2024, compounding +6.6%/yr from FY2020.
Key figures
Market cap 760M TWD (≈ $23.2M) Micro · P/E ratio 20.0 · P/S ratio 4.94 · EPS (TTM) 1.22 TWD · Dividend yield 4.3% · Net margin 24.8% · Return on equity 9.9% · Return on assets (EBIT) 11.4% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 72 out of 100 (medium confidence).
What moves the price
The share trades about 38% below its 52-week high and at its 52-week low, currently below its 200-day average.
For context, the median of 10 Communication Services peers we cover trades at 11% fair-value upside, at 57%, 6650 screens cheaper than that median.
Fair Value models
Bear26.86 TWDFair Value 38.37 TWDBull49.88 TWD
Price 24.40 TWD · Upside +57.3%
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 2024 figures (about 12 months old). Earnings retained since then (0.1700 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.78/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+26.2%
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.
+6.2%
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.
+14.9%
’19
’20
’21
’22
’23
’24
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.
+16.9%
Earnings growth per share plus dividend.
Earnings per share, growth per year+12.6%
Dividend (yield on the price)4.3%
Profit margin 2019 to 2024 ⓘ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.24% → 40%
Growth Forecast
Little optimism in the price
The price assumes less 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).
−3.5%
The company could shrink this much every year for the next five years and today's price would still be justified.
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 −5.0% a year for the price.
Compare Art Emperor Technology And Culture Co., Ltd. with another stock
Price, fair value, quality and upside side by side.
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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.Internet Content & Information · 122 stocks
Beats the industry median on 7/13 measures
A mixed picture versus its industry peers.
Valuation
Quality Score62 · Below median
Fair Value upside+57.3% · Above median
Profitability
Return on equity (12 months)9.9% · Above median
Return on assets7.3% · Above median
Net margin (12 months)24.8% · Top 25%
Operating margin (12 months)23.1% · Above median
Growth and dividend
Revenue growth (quarter YoY)3.9% · Below median
Dividend yield (12 months)4.3% · Top 25%
Valuation Multiplesvs Internet Content & Information median · lower = cheaper
P/E (12 months)20.0× · Pricier than median
P/B1.68× · Pricier than median
P/S (12 months)4.94× · Priciest 25%
Price / free cash flow (fiscal year)22.9× · Pricier than median
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). "Art Emperor Technology And Culture Co., Ltd. Fair Value". https://www.fairvalue-calculator.com/stock/6650
Frequently asked questions
Is Art Emperor Technology And Culture Co., Ltd. (6650) overvalued or undervalued?
As of Nov 4, 2026, our model estimates a fair value of 38.37 TWD versus a price of 24.40 TWD, about +57% upside (undervalued).
What is the fair value of 6650?
Our model-based fair value for Art Emperor Technology And Culture Co., Ltd. is 38.37 TWD (as of Nov 4, 2026), built from audited fundamentals. The current price: 24.40 TWD.
What is the quality score of 6650?
Art Emperor Technology And Culture Co., Ltd. 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 Art Emperor Technology And Culture Co., Ltd. (6650)?
Our model-based price target is the fair value of 38.37 TWD (as of Nov 4, 2026) from 25 valuation models. Cautious scenario 26.86 TWD, optimistic scenario 49.88 TWD. It is a calculation from audited fundamentals, not an analyst target.
What is the Art Emperor Technology And Culture Co., Ltd. stock forecast for 2026?
Our models put fair value at 38.37 TWD, about +57% upside versus a price of 24.40 TWD (undervalued). Cautious scenario 26.86 TWD, optimistic scenario 49.88 TWD. The calculation is refreshed regularly with new filings.
What is the revenue of Art Emperor Technology And Culture Co., Ltd. (6650)?
Art Emperor Technology And Culture Co., Ltd. reported trailing-twelve-month revenue of about 154M TWD (latest available figure, as of Nov 4, 2026).
Does Art Emperor Technology And Culture Co., Ltd. pay a dividend?
Art Emperor Technology And Culture Co., Ltd. currently shows a dividend yield of 4.30% relative to its recent price (as of Nov 4, 2026).
How much is the dividend of Art Emperor Technology And Culture Co., Ltd. (6650) and when is the ex-dividend date?
Art Emperor Technology And Culture Co., Ltd. pays a dividend of 1.05 TWD per share a year, a dividend yield of 4.3%. The last ex-dividend date was Jul 2, 2026. A dividend has been paid every year since at least 2018. The payout ratio is 86.1% of earnings. Free cash flow covers the dividend 1.02 times. Our assessment: Watch coverage. The dividend isn’t fully covered by free cash flow or earnings, part of it is funded from reserves or debt. Fine for now, but worth watching: if it stays uncovered, the dividend could be cut.
What growth is priced into Art Emperor Technology And Culture Co., Ltd. (6650)?
For today's price to be fair in a discounted-cash-flow model, Art Emperor Technology And Culture Co., Ltd. would have to grow free cash flow by -3.5 % per year for five years (discount rate 9.0 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +14.9 % per year. As of Nov 4, 2026.
What discount rate (WACC) does the fair value of 6650 use?
Our models discount Art Emperor Technology And Culture Co., Ltd. at 9.0 %: a base by market capitalisation (nano), damped by beta 0.11, 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 Art Emperor Technology And Culture Co., Ltd. that is -3.5 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (9.0 %) and the same formula as our fair value.
How much growth has Art Emperor Technology And Culture Co., Ltd. (6650) delivered so far?
Over the past 5 years revenue at Art Emperor Technology And Culture Co., Ltd. grew +14.9 % a year. The price currently implies free-cash-flow growth of -3.5 % 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 Art Emperor Technology And Culture Co., Ltd. (6650) growing?
The median revenue growth in the sector is +3.8 % a year. That is the yardstick for the growth priced into Art Emperor Technology And Culture Co., Ltd. (-3.5 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Art Emperor Technology And Culture Co., Ltd. (6650)?
The free-cash-flow yield on the price is 4.37 %: that much free cash flow Art Emperor Technology And Culture Co., Ltd. produces per unit of market value. When it exceeds the discount rate of our models (9.0 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Art Emperor Technology And Culture Co., Ltd. (6650)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Art Emperor Technology And Culture Co., Ltd. it is 38.37 TWD per share (as of Nov 4, 2026), against a price of 24.40 TWD. It is the blended result of 25 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Art Emperor Technology And Culture Co., Ltd. stock overvalued or undervalued in 2026?
As of Nov 4, 2026, 6650 trades below its calculated fair value: price 24.40 TWD, fair value 38.37 TWD, a gap of about +57% (undervalued). 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 6650?
No. The price is what the market pays today (24.40 TWD); the fair value is what the company's own numbers justify (38.37 TWD). For Art Emperor Technology And Culture Co., Ltd. the two are 13.97 TWD per share apart. That gap is exactly why we show both numbers side by side.
How much is Art Emperor Technology And Culture Co., Ltd. worth?
The market values Art Emperor Technology And Culture Co., Ltd. at about 760M TWD (market capitalisation, as of Nov 4, 2026). Per share that is 24.40 TWD; our models calculate a fair value of 38.37 TWD per share.
What do the bullish and bearish scenarios say about 6650?
Our models span a range for Art Emperor Technology And Culture Co., Ltd.: cautious scenario 26.86 TWD, base 38.37 TWD, optimistic 49.88 TWD per share (as of Nov 4, 2026, price 24.40 TWD). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 6650?
Art Emperor Technology And Culture Co., Ltd. trades at a price-to-earnings ratio of 20.0 (as of Nov 4, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 38.37 TWD is built from several models across several years. Other multiples: P/B 1.7, P/S 4.9, EV/EBITDA 10.7.
How solid is the balance sheet of Art Emperor Technology And Culture Co., Ltd. (6650)?
Balance-sheet figures for Art Emperor Technology And Culture Co., Ltd. (as of Nov 4, 2026): return on equity 9.9%. They feed the Quality Score of 62/100, which measures business quality independently of the share price.
How far is 6650 from its 52-week high?
Art Emperor Technology And Culture Co., Ltd. trades at 24.40 TWD, about 38% below its 52-week high of 39.10 TWD and at the low of 24.40 TWD (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 38.37 TWD is for.
Which stocks are comparable to Art Emperor Technology And Culture Co., Ltd.?
From the same area (Communication Services) we also value Alphabet Inc, Meta Platforms, Inc, Tencent Holdings, Spotify Technology S.A, 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 Art Emperor Technology And Culture Co., Ltd. stock attractive at the current price?
The data as of Nov 4, 2026: price 24.40 TWD, calculated fair value 38.37 TWD (+57%), Quality Score 62/100, from 25 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 6650 calculated?
We run Art Emperor Technology And Culture Co., Ltd. through 25 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 38.37 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. Art Emperor Technology And Culture Co., Ltd. currently trades 36% below its own fair value, and the market average says nothing about that. 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 Art Emperor Technology And Culture Co., Ltd. (6650)?
The closing price on Nov 6, 2026 was 24.40 TWD. Our model-based fair value is 38.37 TWD, about +57% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Art Emperor Technology And Culture Co., Ltd. right now?
The price is below even our cautious bear case (26.86 TWD). The market is more pessimistic than our downside scenario. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid quality (62/100) at a price below fair value, the discount is the argument here, not the business quality. A fairly wide model range (26.86 TWD to 49.88 TWD) leaves room in how you read the outcome.
Key figures of Art Emperor Technology And Culture Co., Ltd.
How large is the market capitalisation of Art Emperor Technology And Culture Co., Ltd. (6650)?
The market capitalisation of Art Emperor Technology And Culture Co., Ltd. is 760M TWD (≈ $23.2M). 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 Art Emperor Technology And Culture Co., Ltd. (6650)?
The price-to-sales ratio of Art Emperor Technology And Culture Co., Ltd. is 4.94 (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 Art Emperor Technology And Culture Co., Ltd. (6650)?
Earnings per share at Art Emperor Technology And Culture Co., Ltd. are 1.22 TWD (price ÷ EPS = P/E 20.0). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Art Emperor Technology And Culture Co., Ltd. (6650)?
The dividend yield of Art Emperor Technology And Culture Co., Ltd. is 4.3% (payout 86.1%). 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 Art Emperor Technology And Culture Co., Ltd. (6650)?
The net margin of Art Emperor Technology And Culture Co., Ltd. is 24.8% (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 Art Emperor Technology And Culture Co., Ltd. (6650)?
The return on equity (ROE) of Art Emperor Technology And Culture Co., Ltd. is 9.9% (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 Art Emperor Technology And Culture Co., Ltd. (6650)?
On an EBIT basis the return on assets of Art Emperor Technology And Culture Co., Ltd. is 11.4% (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 Art Emperor Technology And Culture Co., Ltd. (6650)?
The operating margin of Art Emperor Technology And Culture Co., Ltd. is 23.1% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Art Emperor Technology And Culture Co., Ltd. (6650)?
Revenue at Art Emperor Technology And Culture Co., Ltd. is growing +3.9% versus a year earlier (3y avg +6.2%). 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 Art Emperor Technology And Culture Co., Ltd. (6650)?
Earnings per share at Art Emperor Technology And Culture Co., Ltd. are growing +63.5% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Art Emperor Technology And Culture Co., Ltd. (6650) hold?
Art Emperor Technology And Culture Co., Ltd. holds more cash than debt, 349M TWD net (fiscal year 2024). The company holds more cash than debt, a safety cushion.
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Thin data
Nov 4, 2026