Cipherlab Co Ltd (6160) fair value: what the stock is really worth
We calculate from audited financials what Cipherlab Co Ltd is really worth. The fair value tells you whether the price is too high or too low, the quality score (0 to 100) how solid the business behind it is. 26 models, 37 quality factors, updated daily.
Watch Cipherlab 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 free
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.
Show more
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.
Stock analysis
Cipherlab Co Ltd (6160) currently trades at 14.50 TWD, while our model-based Fair Value estimate is 5.22 TWD, implying the stock looks roughly 177.8% overvalued today.
Show more
Valuation
Bull case: the Asset-Based group reads highest at a median of 6.31 TWD per share, and 0 of the 3 models we run sit above the 14.50 TWD price.
Bear case: the Dividend Discount group reads lowest at 5.02 TWD, and 3 of the 3 models stay below the price. Evidence for this calculation is low.
Scenario range: 4.82 TWD (bear) to 5.80 TWD (bull), the price of 14.50 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 50/100 (solid quality), in the Industrials sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Cipherlab Co Ltd 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.
Key figures
Market cap 993M TWD (≈ $31.4M) · P/S ratio 0.96 · EPS (TTM) −1.19 TWD · Dividend yield 3.6% · Net margin −6.9% · Return on equity −13.6% · Return on assets (EBIT) −1.1% · Operating margin −10.1%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 38 out of 100 (medium confidence).
What moves the price
The share trades about 39% below its 52-week high, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −61% fair-value upside, at −64%, 6160 screens richer than that median.
Fair Value models
Bear 4.82 TWDFair Value 5.22 TWDBull 5.80 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.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.12/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest YoY
−7.9%
Revenue growth/yr (3Y) ⓘ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.
−1.8%
Revenue growth/yr (5Y) ⓘ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%
Revenue growth/yr (16Y) ⓘ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.
+0.0%
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
Share of sales kept as operating profit (trend) ⓘ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.
−7.9% (2020) → −6.2% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
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.Business Equipment & Supplies · 74 stocks
Beats the industry median on 3/9 measures
Overall it trails its industry peers.
Valuation
Quality Score50 · Below median
Fair Value upside−65% · Bottom 25%
Profitability
Return on assets−5% · Bottom 25%
Net margin (TTM)−8% · Bottom 25%
Operating margin (TTM)−10% · Bottom 25%
Growth and dividend
Revenue growth−3% · Below median
Dividend yield (TTM)3.6% · Above median
Valuation Multiplesvs Business Equipment & Supplies median · lower = cheaper
P/B0.05× · Cheapest 25%
P/S (TTM)0.03× · Cheapest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 40
FUTURE (revenue growth)0· sector 19
PAST (return on equity)0· sector 19
HEALTH (low debt)100· sector 98
DIVIDEND (yield)72· sector 53
VALUE 0: the price sits above our fair-value range.
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). "Cipherlab Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/6160.TWO
Frequently asked questions
Is Cipherlab Co Ltd (6160) overvalued or undervalued?
As of Sep 13, 2026, our model estimates a fair value of 5.22 TWD versus a price of 14.50 TWD, about −64% upside (overvalued).
What is the fair value of 6160?
Our model-based fair value for Cipherlab Co Ltd is 5.22 TWD (as of Sep 13, 2026), built from audited fundamentals. The current price: 14.50 TWD.
What is the quality score of 6160?
Cipherlab Co Ltd has a Quality Score of 50/100. 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 Cipherlab Co Ltd (6160)?
Our model-based price target is the fair value of 5.22 TWD (as of Sep 13, 2026) from 3 valuation models. Cautious scenario 4.82 TWD, optimistic scenario 5.80 TWD. It is a calculation from audited fundamentals, not an analyst target.
What is the Cipherlab Co Ltd stock forecast for 2026?
Our models put fair value at 5.22 TWD, about −64% upside versus a price of 14.50 TWD (overvalued). Cautious scenario 4.82 TWD, optimistic scenario 5.80 TWD. The calculation is refreshed regularly with new filings.
What is the revenue of Cipherlab Co Ltd (6160)?
Cipherlab Co Ltd reported trailing-twelve-month revenue of about 1.2B TWD (latest available figure, as of Sep 13, 2026).
Does Cipherlab Co Ltd pay a dividend?
Cipherlab Co Ltd currently shows a dividend yield of about 3.61% relative to its recent price (as of Sep 13, 2026).
What is the intrinsic value of Cipherlab Co Ltd (6160)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Cipherlab Co Ltd it is 5.22 TWD per share (as of Sep 13, 2026), against a price of 14.50 TWD. It is the blended result of 3 valuation models (cash flow, earnings, asset, dividend).
Is Cipherlab Co Ltd stock overvalued or undervalued in 2026?
As of Sep 13, 2026, 6160 trades above its calculated fair value: price 14.50 TWD, fair value 5.22 TWD, a gap of about −64% (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 6160?
No. The price is what the market pays today (14.50 TWD); the fair value is what the company's own numbers justify (5.22 TWD). For Cipherlab Co Ltd the two are 9.28 TWD per share apart. That gap is exactly why we show both numbers side by side.
How much is Cipherlab Co Ltd worth?
The market values Cipherlab Co Ltd at about 993M TWD (market capitalisation, as of Sep 13, 2026). Per share that is 14.50 TWD; our models calculate a fair value of 5.22 TWD per share.
What do the bullish and bearish scenarios say about 6160?
Our models span a range for Cipherlab Co Ltd: cautious scenario 4.82 TWD, base 5.22 TWD, optimistic 5.80 TWD per share (as of Sep 13, 2026, price 14.50 TWD). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Cipherlab Co Ltd (6160)?
Balance-sheet figures for Cipherlab Co Ltd (as of Sep 13, 2026): return on equity −13.6%. They feed the Quality Score of 50/100, which measures business quality independently of the share price.
How far is 6160 from its 52-week high?
Cipherlab Co Ltd trades at 14.50 TWD, about 39% below its 52-week high of 23.90 TWD (as of Sep 13, 2026). Distance from the high says nothing about value: that is what the fair value of 5.22 TWD is for.
Which stocks are comparable to Cipherlab Co Ltd?
From the same area (Industrials) we also value GRG Banking Equipment Co, Shanghai M&G Stationery Inc, XGD Inc, DOMS Industries Limited, 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 Cipherlab Co Ltd stock attractive at the current price?
The data as of Sep 13, 2026: price 14.50 TWD, calculated fair value 5.22 TWD (−64%), Quality Score 50/100, from 3 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 6160 calculated?
We run Cipherlab Co Ltd through 3 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 5.22 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 32.0 % above its aggregate fair value. Cipherlab Co Ltd 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 should I pay attention to with Cipherlab Co Ltd right now?
The price sits above even our optimistic bull case (5.80 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.
Where does the earnings growth of Cipherlab Co Ltd (6160) come from?
Earnings per share at Cipherlab Co Ltd grew −5.9 % a year from 2012 to 2023. Broken into its drivers: revenue per share −0.9 %, EBIT margin −1.1 %, tax rate +0.6 %, residual (interest, one-offs) −4.7 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Cipherlab Co Ltd
How large is the market capitalisation of Cipherlab Co Ltd (6160)?
The market capitalisation of Cipherlab Co Ltd is 993M TWD (≈ $31.4M). 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 Cipherlab Co Ltd (6160)?
The price-to-sales ratio of Cipherlab Co Ltd is 0.96 (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 Cipherlab Co Ltd (6160)?
Earnings per share at Cipherlab Co Ltd are −1.19 TWD. Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Cipherlab Co Ltd (6160)?
The dividend yield of Cipherlab Co Ltd is 3.6%. 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 Cipherlab Co Ltd (6160)?
The net margin of Cipherlab Co Ltd is −6.9% (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 Cipherlab Co Ltd (6160)?
The return on equity (ROE) of Cipherlab Co Ltd is −13.6% (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 Cipherlab Co Ltd (6160)?
On an EBIT basis the return on assets of Cipherlab Co Ltd is −1.1% (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 Cipherlab Co Ltd (6160)?
The operating margin of Cipherlab Co Ltd is −10.1% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Cipherlab Co Ltd (6160)?
Revenue at Cipherlab Co Ltd is growing −2.6% versus a year earlier (3y avg −1.8%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How much free cash flow does Cipherlab Co Ltd (6160) generate?
The free cash flow of Cipherlab Co Ltd is −32.3M 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 Cipherlab Co Ltd (6160) carry?
The net debt of Cipherlab Co Ltd is 66.9M 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 Cipherlab Co Ltd in the live analysis
One click puts Cipherlab 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.
