Luminescence Technology Corp. (6729) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Luminescence Technology Corp. stock TWD 39.56, price TWD 53.00, that is 25.4% below the price, quality 66 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 9, 2026.
How to read this chart
60‑month range 11.88 TWD – 71.73 TWD · fair‑value band 29.68 TWD – 49.46 TWD · the 53.00 TWD price screens above the 39.56 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 9, 2026.
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Luminescence Technology Corp. manufactures and sells organic chemicals in North America, Europe, Asia, and Taiwan.
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It offers organic light emitting diode (OLED) materials, thermally activated delayed fluorescent (TADF), polymers, and small molecular and polymer solution processed OLED materials; organic photovoltaic (OPV) materials, including small small molecular and oligomer, polymer, hole transport and electron transport, self-assembled monolayers, perovskite solar cells, and dye-sensitized solar cell materials; organic photodiodes and perovskite-based photodiodes, including organic photodiodes (OPD) materials, and perovskite-based photodiodes (PPD) materials; organic thin-film transistor and organic field-effect transistor, comprising small molecular and oligomer materials, and polymer materials; flexible printed electronics, such as organic photovoltaic, OTFT and OFET, hole transport and hole injection layer, host layer, light-emitting layer, and electron transport hole blocking layer polymers; photonic and optical device, comprising porphyrins, phthalocyanines, and dyes; diamines and dianhydrides polymide; quantum dot materials; photoresist photoresist materials; and azide-based crosslinking agents.
In addition, it provides metal organic frameworks and covalent organic frameworks, comprising metal organic frameworks and covalent organic frameworks; Aggregation-Induced Emission Materials; Organic Electrode; Synthetic Intermediates and Reagents; photopolymerization materials, including photoredox catalysts, visible light photoinitiators, and UV light photoinitiators; electrochromic, such as organic polymer, polymer monomers or intermediates, organic small molecular, and inorganic materials; substrate and encapsulatio; and evaporation parts and materials.
Technology Corp. was founded in 2001 and is headquartered in New Taipei City, Taiwan.
Stock analysis
Luminescence Technology Corp. (6729) currently trades at 53.00 TWD, while our model-based Fair Value estimate is 39.56 TWD, 25% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of 28.74 TWD per share, and 0 of the 26 models we run sit above the 53.00 TWD price.
Bear case: the Earnings-Based group reads lowest at 9.84 TWD, and 26 of the 26 models stay below the price. Data coverage for this calculation is medium.
Scenario range: 29.68 TWD (bear) to 49.46 TWD (bull), the price of 53.00 TWD sits above 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 66/100 (solid quality), in the Basic Materials sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Luminescence Technology Corp. reported revenue of 129M TWD in FY2025 versus 104M TWD in FY2021, a compound +5.6%/yr. Reported net income was 19.5M TWD in FY2025, compounding −2.7%/yr from FY2021.
Key figures
Market cap 1.5B TWD (≈ $44.7M) Micro · P/E ratio 89.8 · P/S ratio 14.2 · EPS (TTM) 0.5900 TWD · Dividend yield 1.5% · Net margin 15.3% · Return on equity 4.8% · Return on assets (EBIT) 4.4% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 41 out of 100 (low confidence).
What moves the price
The share trades about 26% below its 52-week high and 54% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at −24% fair-value upside, at −25%, 6729 screens richer than that median.
Fair Value models
Bear29.68 TWDFair Value 39.56 TWDBull49.46 TWD
Price 53.00 TWD · Downside -25.4%
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 (0.5059 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.83/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+14.5%
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.
+9.0%
Start year 2020 (pandemic)
Revenue growth 6 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.
+6.9%
’19
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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.
+6.7%
Earnings growth per share plus dividend.
Earnings per share, growth per year+5.2%
Dividend (yield on the price)1.5%
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.2% → 14%
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).
+21.0%
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 +19.2% 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.Chemicals · 337 stocks
Beats the industry median on 3/12 measures
Overall it trails its industry peers.
Valuation
Quality Score66 · Top 25%
Fair Value upside−25.4% · Below median
Profitability
Return on equity (12 months)4.8% · Below median
Return on assets4.9% · Above median
Net margin (12 months)15.3% · Top 25%
Operating margin (12 months)0.3% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY)−34.6% · Bottom 25%
Dividend yield (12 months)1.5% · Below median
Valuation Multiplesvs Chemicals 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.
Is Luminescence Technology Corp. (6729) overvalued or undervalued?
As of Nov 9, 2026, our model estimates a fair value of 39.56 TWD versus a price of 53.00 TWD, about 25% lower (overvalued).
What is the fair value of 6729?
Our model-based fair value for Luminescence Technology Corp. is 39.56 TWD (as of Nov 9, 2026), built from audited fundamentals. The current price: 53.00 TWD.
What is the quality score of 6729?
Luminescence Technology Corp. has a Quality Score of 66/100. 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 Luminescence Technology Corp. (6729)?
Our model-based price target is the fair value of 39.56 TWD (as of Nov 9, 2026) from 26 valuation models. Cautious scenario 29.68 TWD, optimistic scenario 49.46 TWD. It is a calculation from audited fundamentals, not an analyst target.
What is the Luminescence Technology Corp. stock forecast for 2026?
Our models put fair value at 39.56 TWD, about 25% lower versus a price of 53.00 TWD (overvalued). Cautious scenario 29.68 TWD, optimistic scenario 49.46 TWD. The calculation is refreshed regularly with new filings.
What is the revenue of Luminescence Technology Corp. (6729)?
Luminescence Technology Corp. reported trailing-twelve-month revenue of about 103M TWD (latest available figure, as of Nov 9, 2026).
Does Luminescence Technology Corp. pay a dividend?
Luminescence Technology Corp. currently shows a dividend yield of 1.53% relative to its recent price (as of Nov 9, 2026).
How much is the dividend of Luminescence Technology Corp. (6729)?
Luminescence Technology Corp. has a dividend yield of 1.5%.
What growth is priced into Luminescence Technology Corp. (6729)?
For today's price to be fair in a discounted-cash-flow model, Luminescence Technology Corp. would have to grow free cash flow by +21.0 % per year for five years (discount rate 9.3 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +9.0 % per year. As of Nov 9, 2026.
What discount rate (WACC) does the fair value of 6729 use?
Our models discount Luminescence Technology Corp. at 9.3 %: a base by market capitalisation (nano), damped by beta 0.61, 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 Luminescence Technology Corp. that is +21.0 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (9.3 %) and the same formula as our fair value.
How much growth has Luminescence Technology Corp. (6729) delivered so far?
Over the past 5 years revenue at Luminescence Technology Corp. grew +9.0 % a year. The price currently implies free-cash-flow growth of +21.0 % 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 Luminescence Technology Corp. (6729) growing?
The median revenue growth in the sector is +11.2 % a year. That is the yardstick for the growth priced into Luminescence Technology Corp. (+21.0 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Luminescence Technology Corp. (6729)?
The free-cash-flow yield on the price is 2.27 %: that much free cash flow Luminescence Technology Corp. produces per unit of market value. When it exceeds the discount rate of our models (9.3 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Luminescence Technology Corp. (6729)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Luminescence Technology Corp. it is 39.56 TWD per share (as of Nov 9, 2026), against a price of 53.00 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 Luminescence Technology Corp. stock overvalued or undervalued in 2026?
As of Nov 9, 2026, 6729 trades above its calculated fair value: price 53.00 TWD, fair value 39.56 TWD, a gap of about −25% (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 6729?
No. The price is what the market pays today (53.00 TWD); the fair value is what the company's own numbers justify (39.56 TWD). For Luminescence Technology Corp. the two are 13.44 TWD per share apart. That gap is exactly why we show both numbers side by side.
How much is Luminescence Technology Corp. worth?
The market values Luminescence Technology Corp. at about 1.5B TWD (market capitalisation, as of Nov 9, 2026). Per share that is 53.00 TWD; our models calculate a fair value of 39.56 TWD per share.
What do the bullish and bearish scenarios say about 6729?
Our models span a range for Luminescence Technology Corp.: cautious scenario 29.68 TWD, base 39.56 TWD, optimistic 49.46 TWD per share (as of Nov 9, 2026, price 53.00 TWD). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 6729?
Luminescence Technology Corp. trades at a price-to-earnings ratio of 89.8 (as of Nov 9, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 39.56 TWD is built from several models across several years. Median P/E at fiscal year-end, 6 fiscal years (2020 to 2025), reported earnings: 25.9. Other multiples: P/B 3.9, P/S 14.2.
How solid is the balance sheet of Luminescence Technology Corp. (6729)?
Balance-sheet figures for Luminescence Technology Corp. (as of Nov 9, 2026): return on equity 4.8%. They feed the Quality Score of 66/100, which measures business quality independently of the share price.
How far is 6729 from its 52-week high?
Luminescence Technology Corp. trades at 53.00 TWD, about 26% below its 52-week high of 71.73 TWD and 54% above the low of 34.35 TWD (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 39.56 TWD is for.
Which stocks are comparable to Luminescence Technology Corp.?
From the same area (Basic Materials) we also value BASF SE, Saudi Basic Industries Corporation, Dow Inc, Ningxia Baofeng Energy Group, 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 Luminescence Technology Corp. stock attractive at the current price?
The data as of Nov 9, 2026: price 53.00 TWD, calculated fair value 39.56 TWD (−25%), Quality Score 66/100, 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 6729 calculated?
We run Luminescence Technology 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 39.56 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. Luminescence Technology 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 Luminescence Technology Corp. (6729)?
The closing price on Nov 6, 2026 was 53.00 TWD. Our model-based fair value is 39.56 TWD, about 25% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Luminescence Technology Corp. right now?
The price sits above even our optimistic bull case (49.46 TWD). The favourable scenario is already priced in. Solid but not exceptional quality (66/100) and above fair value, neither a clear bargain nor a standout compounder.
Key figures of Luminescence Technology Corp.
How large is the market capitalisation of Luminescence Technology Corp. (6729)?
The market capitalisation of Luminescence Technology Corp. is 1.5B TWD (≈ $44.7M). 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 Luminescence Technology Corp. (6729)?
The price-to-sales ratio of Luminescence Technology Corp. is 14.2 (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 Luminescence Technology Corp. (6729)?
Earnings per share at Luminescence Technology Corp. are 0.5900 TWD (price ÷ EPS = P/E 89.8). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Luminescence Technology Corp. (6729)?
The dividend yield of Luminescence Technology Corp. is 1.5% (payout 138%). 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 Luminescence Technology Corp. (6729)?
The net margin of Luminescence Technology Corp. is 15.3% (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 Luminescence Technology Corp. (6729)?
The return on equity (ROE) of Luminescence Technology Corp. is 4.8% (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 Luminescence Technology Corp. (6729)?
On an EBIT basis the return on assets of Luminescence Technology Corp. is 4.4% (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 Luminescence Technology Corp. (6729)?
The operating margin of Luminescence Technology Corp. is 0.3% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Luminescence Technology Corp. (6729)?
Revenue at Luminescence Technology Corp. is growing −34.6% 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 Luminescence Technology Corp. (6729)?
Earnings per share at Luminescence Technology Corp. are growing −54.1% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Luminescence Technology Corp. (6729) hold?
Luminescence Technology Corp. holds more cash than debt, 151M TWD net (fiscal year 2024). The company holds more cash than debt, a safety cushion.
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Some data
Nov 9, 2026