Concord Securities Co Ltd (6016) fair value: what the stock is really worth
As of Sep 23, 2026: fair value of Concord Securities Co Ltd TWD 25.80, price TWD 23.80, upside +8.4%, quality 34 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Watch Concord Securities Co Ltd for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.Watch for freePro now: $1 first month
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, dashed = 300-day average. As of Sep 23, 2026.
How to read this chart
60‑month range 6.52 TWD – 273.81 TWD · fair‑value band 17.25 TWD – 34.90 TWD · the 23.80 TWD price screens below the 25.80 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 23, 2026.
Follow Concord Securities Co in your weekly email
Every Wednesday you see whether Concord Securities Co 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.
Concord Securities Co., Ltd., through its subsidiaries, provides brokerage and wealth management services in Taiwan. The company engages in trading securities proprietary and brokerage; underwriting; financing customers' acquisition and short sales; providing agency services for share affairs; assisting in futures trading; and other business.
Show more
Concord Securities Co., Ltd., through its subsidiaries, provides brokerage and wealth management services in Taiwan. The company engages in trading securities proprietary and brokerage; underwriting; financing customers' acquisition and short sales; providing agency services for share affairs; assisting in futures trading; and other business. It also offers foreign and domestic futures proprietary, consulting, and securities investment advisory services. In addition, the company provides asset management, investment, and business management advisory services, as well as involved in the life and property insurance agency business. Concord Securities Co., Ltd. was incorporated in 1990 and is headquartered in Taipei, Taiwan.
Stock analysis
Concord Securities Co Ltd (6016) currently trades at 23.80 TWD, while our model-based Fair Value estimate is 25.80 TWD, implying the stock looks roughly 7.7% fairly valued today.
Show more
Valuation
Bull case: the DCF Models group reads highest at a median of 55.21 TWD per share, and 3 of the 9 models we run sit above the 23.80 TWD price.
Bear case: the Dividend Discount group reads lowest at 3.29 TWD, and 6 of the 9 models stay below the price. Evidence for this calculation is low.
Scenario range: 17.25 TWD (bear) to 34.90 TWD (bull), the price of 23.80 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 34/100 (below-average quality), in the Financial Services sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Concord Securities Co Ltd reported revenue of 3.2B TWD in FY2025 versus 4.5B TWD in FY2021, a compound −8.0%/yr. Reported net income was 1.4B TWD in FY2025, compounding −0.4%/yr from FY2021.
Key figures
Market cap 16.3B TWD (≈ $513M) · P/E ratio 12.0 · P/S ratio 5.12 · EPS (TTM) 1.98 TWD · Dividend yield 0.7% · Net margin 42.6% · Return on equity 26.5% · Return on assets (EBIT) 2.5%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 42 out of 100 (medium confidence).
What moves the price
The share trades about 25% below its 52-week high and 117% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −20% fair-value upside, at 8%, 6016 screens cheaper than that median.
Fair Value models
Bear 17.25 TWDFair Value 25.80 TWDBull 34.90 TWD
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then (1.34 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.Evidence ⓘEvidence = 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.24/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
−24.4%
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.
+25.5%
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.
−2.9%
Start year 2020 (pandemic). Over 10 years: +3.3% a year
Revenue growth 10 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.
+3.3%
’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.
+2.4%
Earnings growth per share plus dividend.
Earnings per share, growth per year+1.7%
Dividend (yield on the price)0.7%
Profit margin 2019 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% → 22%
Compare Concord Securities Co Ltd with another stock
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.Capital Markets · 463 stocks
Beats the industry median on 9/13 measures
Overall it ranks above its industry peers.
Valuation
Quality Score35 · Bottom 25%
Fair Value upside+8% · Above median
Profitability
Return on equity (TTM)26% · Top 25%
Return on assets5% · Top 25%
Net margin (TTM)50% · Top 25%
Operating margin (TTM)53% · Top 25%
Growth and dividend
Revenue growth32% · Above median
Dividend yield (TTM)0.7% · Bottom 25%
Balance sheet
Debt / equity0.00× · Lowest 25%
Valuation Multiplesvs Capital Markets 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). "Concord Securities Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/6016
Frequently asked questions
Is Concord Securities Co Ltd (6016) overvalued or undervalued?
As of Sep 23, 2026, our model estimates a fair value of 25.80 TWD versus a price of 23.80 TWD, about +8% upside (fairly valued).
What is the fair value of 6016?
Our model-based fair value for Concord Securities Co Ltd is 25.80 TWD (as of Sep 23, 2026), built from audited fundamentals. The current price: 23.80 TWD.
What is the quality score of 6016?
Concord Securities Co Ltd has a Quality Score of 34/100. 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 Concord Securities Co Ltd (6016)?
Our model-based price target is the fair value of 25.80 TWD (as of Sep 23, 2026) from 9 valuation models. Cautious scenario 17.25 TWD, optimistic scenario 34.90 TWD. It is a calculation from audited fundamentals, not an analyst target.
What is the Concord Securities Co Ltd stock forecast for 2026?
Our models put fair value at 25.80 TWD, about +8% upside versus a price of 23.80 TWD (fairly valued). Cautious scenario 17.25 TWD, optimistic scenario 34.90 TWD. The calculation is refreshed regularly with new filings.
What is the revenue of Concord Securities Co Ltd (6016)?
Concord Securities Co Ltd reported trailing-twelve-month revenue of about 5.8B TWD (latest available figure, as of Sep 23, 2026).
Does Concord Securities Co Ltd pay a dividend?
Concord Securities Co Ltd currently shows a dividend yield of about 0.65% relative to its recent price (as of Sep 23, 2026).
What is the intrinsic value of Concord Securities Co Ltd (6016)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Concord Securities Co Ltd it is 25.80 TWD per share (as of Sep 23, 2026), against a price of 23.80 TWD. It is the blended result of 9 valuation models (cash flow, earnings, asset, dividend).
Is Concord Securities Co Ltd stock overvalued or undervalued in 2026?
As of Sep 23, 2026, 6016 trades below its calculated fair value: price 23.80 TWD, fair value 25.80 TWD, a gap of about +8% (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 6016?
No. The price is what the market pays today (23.80 TWD); the fair value is what the company's own numbers justify (25.80 TWD). For Concord Securities Co Ltd the two are 2.00 TWD per share apart. That gap is exactly why we show both numbers side by side.
How much is Concord Securities Co Ltd worth?
The market values Concord Securities Co Ltd at about 16.3B TWD (market capitalisation, as of Sep 23, 2026). Per share that is 23.80 TWD; our models calculate a fair value of 25.80 TWD per share.
What do the bullish and bearish scenarios say about 6016?
Our models span a range for Concord Securities Co Ltd: cautious scenario 17.25 TWD, base 25.80 TWD, optimistic 34.90 TWD per share (as of Sep 23, 2026, price 23.80 TWD). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 6016?
Concord Securities Co Ltd trades at a price-to-earnings ratio of 12.0 (as of Sep 23, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 25.80 TWD is built from several models across several years. Other multiples: P/B 1.5, P/S 2.8, EV/EBITDA 66.6.
How solid is the balance sheet of Concord Securities Co Ltd (6016)?
Balance-sheet figures for Concord Securities Co Ltd (as of Sep 23, 2026): return on equity 26.5%, debt of 0.00 per unit of equity. They feed the Quality Score of 34/100, which measures business quality independently of the share price.
How far is 6016 from its 52-week high?
Concord Securities Co Ltd trades at 23.80 TWD, about 25% below its 52-week high of 31.77 TWD and 117% above the low of 10.99 TWD (as of Sep 23, 2026). Distance from the high says nothing about value: that is what the fair value of 25.80 TWD is for.
Which stocks are comparable to Concord Securities Co Ltd?
From the same area (Financial Services) we also value Morgan Stanley, a financial holding company,, The Goldman Sachs Group, The Charles Schwab Corporation, Interactive Brokers 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 Concord Securities Co Ltd stock attractive at the current price?
The data as of Sep 23, 2026: price 23.80 TWD, calculated fair value 25.80 TWD (+8%), Quality Score 34/100, from 9 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 6016 calculated?
We run Concord Securities Co Ltd through 9 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of 25.80 TWD, 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 14.1 % above its aggregate fair value. Concord Securities Co Ltd currently trades 8 % 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 Concord Securities Co Ltd (6016)?
The closing price on Sep 23, 2026 was 23.80 TWD. Our model-based fair value is 25.80 TWD, about +8% upside (fairly valued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Concord Securities Co Ltd right now?
The price sits close to our fair value, market and models broadly agree here, little valuation tension. A fairly wide model range (17.25 TWD to 34.90 TWD) leaves room in how you read the outcome. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Key figures of Concord Securities Co Ltd
How large is the market capitalisation of Concord Securities Co Ltd (6016)?
The market capitalisation of Concord Securities Co Ltd is 16.3B TWD (≈ $513M). 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 Concord Securities Co Ltd (6016)?
The price-to-sales ratio of Concord Securities Co Ltd is 5.12 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Concord Securities Co Ltd (6016)?
Earnings per share at Concord Securities Co Ltd are 1.98 TWD (price ÷ EPS = P/E 12.0). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Concord Securities Co Ltd (6016)?
The dividend yield of Concord Securities Co Ltd is 0.7% (payout 7.8%). 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 Concord Securities Co Ltd (6016)?
The net margin of Concord Securities Co Ltd is 42.6% (fiscal year 2025). 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 Concord Securities Co Ltd (6016)?
The return on equity (ROE) of Concord Securities Co Ltd is 26.5% (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 Concord Securities Co Ltd (6016)?
On an EBIT basis the return on assets of Concord Securities Co Ltd is 2.5% (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 Concord Securities Co Ltd (6016)?
The operating margin of Concord Securities Co Ltd is 52.5% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Concord Securities Co Ltd (6016)?
Revenue at Concord Securities Co Ltd is growing +32.4% versus a year earlier (3y avg +25.5%). 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 Concord Securities Co Ltd (6016)?
Earnings per share at Concord Securities Co Ltd are growing +237% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Concord Securities Co Ltd (6016) generate?
The free cash flow of Concord Securities Co Ltd is −1.5B TWD (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Concord Securities Co Ltd (6016) carry?
The net debt of Concord Securities Co Ltd is 13.8B TWD (fiscal year 2025). 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 Concord Securities Co Ltd in the live analysis
One click puts Concord Securities Co Ltd on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
