Concord Securities Co (6016) Fair Value & Analysis
Financial Services · TW · Market cap 16.9B TWD
Fair value as of: Jul 23, 2026
From 9 valuation models · updated 17 days ago
Share price −26.7% over the past month.
Below-average quality, currently priced close to our fair value.
What matters now
- The price sits close to our fair value, market and models broadly agree here, little valuation tension.
- For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 23, 2026.
How to read this chart
60‑month range 7.39 TWD – 36.00 TWD · fair‑value band 15.25 TWD – 25.42 TWD · the 19.80 TWD price screens below the 20.34 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 23, 2026.
Analysis
Concord Securities Co (6016) currently trades at 19.80 TWD, while our model-based Fair Value estimate is 20.34 TWD, implying the stock looks roughly 2.7% fairly valued today. The Quality Score stands at 34/100 (below-average quality), in the Financial Services sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.
Over the trailing twelve months, Concord Securities Co generated revenue of 5.8B TWD at a net margin of 49.7%. It earns a return on equity of 26.5%. Net debt stands at 13.8B TWD. The stock trades on a trailing P/E of 14.4. Fundamentals as of Jul 23, 2026
Our scenario range runs from 15.25 TWD (bear case) to 25.42 TWD (bull case); at 19.80 TWD, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 46% below its 52-week high and 99% above its 52-week low, currently above its 200-day average. For context, the median of 10 Financial Services peers we cover trades at 11% fair-value upside, at 3%, 6016 screens richer than that median.
Fair Value models
Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.
All 9 models by family
Widest divergence: DCF Models (47.44 TWD) versus Dividend Discount (3.29 TWD). Highest evidence: Residual Income (76).
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Jul 23, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 29 · Market factors (momentum, volatility) 63
Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.
About the company
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.
Full company description
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.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
Concord Securities Co 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.
Watch 6016: get an alert when its fair value changes →
Peer Group
Capital Markets · 425 stocks
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.
Valuation Multiples vs Capital Markets median · lower = cheaper
Snowflake
Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more Capital Markets stocks, each showing price versus our Fair Value estimate (as of Jul 23, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Huatai Securities Co HTSC | $0.2700 | $0.0400 | -85% |
| Mirae Asset Securities Co 006800 | 38,750 KRW | 31,645 KRW | -18% |
| Meritz Financial Group 138040 | 117,000 KRW | 87,706 KRW | -25% |
| Korea Investment Holdings 071050 | 239,000 KRW | 318,825 KRW | +33% |
| NH Investment & Securities Co 005940 | 31,000 KRW | 37,133 KRW | +20% |
| Samsung Securities Co 016360 | 107,700 KRW | 126,487 KRW | +17% |
| Motilal Oswal Financial Services Limited MOTILALOFS | ₹967.00 | ₹299.65 | -69% |
| Kiwoom Securities Co 039490 | 322,000 KRW | 358,091 KRW | +11% |
| SSI Securities Corporation SSI | 24,250 VND | 28,021 VND | +16% |
| Bolsas y Mercados Argentinos S.A BYMA | 313.75 ARS | 120.22 ARS | -62% |
Compare Concord Securities Co with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Financial Services stocks →
Frequently asked questions
Is Concord Securities Co (6016) overvalued or undervalued?
What is the fair value of 6016?
What is the quality score of 6016?
What is the revenue of Concord Securities Co (6016)?
What is the net profit margin of 6016?
Does Concord Securities Co pay a dividend?
How we calculate Fair Value
Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.
Track Concord Securities Co and try Pro for 14 days
One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.
Zero risk: nothing is ever charged. After 14 days you decide whether to stay.