Cipherlab Co (6160) Fair Value & Analysis
Industrials · TW · Market cap 1.1B TWD
Fair value as of: Jul 23, 2026
From 3 valuation models · updated 18 days ago
Fair value updated Jul 23, 2026, revised from 5.65 TWD to 5.55 TWD (−1.8%) since Jun 25, 2026. Share price −14.0% over the past month.
A solid business, but screening 61% overvalued on our models.
What matters now
- The price sits above even our optimistic bull case (6.22 TWD). The favourable scenario is already priced in.
- 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 but not exceptional quality (50/100) and above fair value, neither a clear bargain nor a standout compounder.
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 12.47 TWD – 38.81 TWD · fair‑value band 5.11 TWD – 6.22 TWD · the 14.15 TWD price screens above the 5.55 TWD fair value. Dashed = 300-day average. As of Jul 23, 2026.
Analysis
Cipherlab Co (6160) currently trades at 14.15 TWD, while our model-based Fair Value estimate is 5.55 TWD, implying the stock looks roughly 60.8% overvalued today. The Quality Score stands at 50/100 (solid quality), in the Industrials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: low).
Over the trailing twelve months, Cipherlab Co generated revenue of 1.2B TWD at a net margin of -7.8%. Revenue declined 2.6% year over year. It earns a return on equity of -13.6%. Net debt stands at 66.9M TWD. Fundamentals as of Jul 23, 2026
Our scenario range runs from 5.11 TWD (bear case) to 6.22 TWD (bull case); at 14.15 TWD, the current price sits above 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 41% below its 52-week high, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -32% fair-value upside, at -61%, 6160 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 3 models by family
Widest divergence: Asset-Based (6.31 TWD) versus Dividend Discount (5.02 TWD). Highest evidence: Gordon GGM (70).
Notify me when 6160 reaches fair value
Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.
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 49 · Market factors (momentum, volatility) 31
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
Cipherlab Co.,Ltd. designs, manufactures, markets, and sells automatic identification and data capture products under the CipherLab brand name in Taiwan, Mainland China, and the United States.
Full company description
Cipherlab Co.,Ltd. designs, manufactures, markets, and sells automatic identification and data capture products under the CipherLab brand name in Taiwan, Mainland China, and the United States. The company offers windows/android and proprietary mobile computers; general purpose, business durable, and pocket sized barcode scanners; HF and UHF radio frequency identification readers; and software solutions comprising deployment and development tools, device management, terminal emulators, enterprise browser, optical character recognition, programming, and scanner software. It also provides computer-related products, such as peripheral equipment, electronic cash registers, magnetic card readers, and electronic measuring instruments; services for skincare products; and import and export trade services, as well as acts as domestic and foreign manufacturers' agents for distribution. The company serves warehouse, transportation and logistics, field mobility, retail, manufacturing, and healthcare industries, as well as the government. Cipherlab Co.,Ltd. was founded in 1988 and is headquartered in Taipei, Taiwan.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
Cipherlab Co reported revenue of 1.2B TWD in FY2025 versus 1.4B TWD in FY2021, a compound −4.3%/yr. Reported net income was −81.7M TWD in FY2025.
of which total revenue −0.9 pp · buybacks/dilution +0.0 pp
Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).
6160 screens 61% overvalued. Compare with Ricoh Company →
Peer Group
Business Equipment & Supplies · 72 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 Business Equipment & Supplies 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.
VALUE 0: the price sits above our fair-value range.
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 Business Equipment & Supplies stocks, each showing price versus our Fair Value estimate (as of Jul 23, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Ricoh Company RICO | ¥15.33 | ¥17.99 | +17% |
| GRG Banking Equipment Co 002152 | ¥10.08 | ¥6.90 | -32% |
| Shanghai M&G Stationery Inc 603899 | ¥21.45 | ¥30.05 | +40% |
| XGD Inc 300130 | ¥19.90 | ¥15.67 | -21% |
| DOMS Industries Limited DOMS | ₹2,260 | ₹782.96 | -65% |
| Hengbao Co 002104 | ¥9.20 | ¥1.66 | -82% |
| Shaanxi Fenghuo Electronics Co 000561 | ¥6.99 | ¥1.75 | -75% |
| Shenzhen Comix Group 002301 | ¥7.30 | ¥3.11 | -57% |
| Shandong New Beiyang Information Technology Co 002376 | ¥6.00 | ¥1.73 | -71% |
| Qingdao Hiron Commercial Cold Chain Co 603187 | ¥11.92 | ¥21.12 | +77% |
Compare Cipherlab Co with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Industrials stocks →
Frequently asked questions
Is Cipherlab Co (6160) overvalued or undervalued?
What is the fair value of 6160?
What is the quality score of 6160?
What is the revenue of Cipherlab Co (6160)?
What is the net profit margin of 6160?
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 Cipherlab 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.