Welldone Co (6170) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Welldone Co stock TWD 35.02, price TWD 49.15, that is 28.7% below the price, quality 63 out of 100. Rating: overvalued. Calculated from audited financials with 24 of our 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 8, 2026.
How to read this chart
60‑month range 20.73 TWD – 63.20 TWD · fair‑value band 27.50 TWD – 44.53 TWD · the 49.15 TWD price screens above the 35.02 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 8, 2026.
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Welldone Company, together with its subsidiaries, engages in telecommunication, IC, and other access businesses in Taiwan. It sells prepaid mobile SIM cards, trading of internet game point cards, micro payment services, and foreign migrant worker remittance services.
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The company also engages in the mobile phone top-up services; international human resources business services project, including human resources agency, foreign caregivers, management consulting, laws and information, foreign worker translation services, foreign worker management, abnormal incidents involving foreign workers, and conducting periodic visits to employers and foreign workers; and airport access business.
In addition, it provides online games and payment services; and I-MONEY, a convenient and secure purchasing channel. Further, the company offers telecom apparatus; retails and wholesales of food and cosmetics; manufactures and wholesales of batteries and electronic components.
Welldone Company was founded in 1966 and is based in Taipei, Taiwan.
Stock analysis
Welldone Co (6170) currently trades at 49.15 TWD, while our model-based Fair Value estimate is 35.02 TWD, 29% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of 74.69 TWD per share, and 5 of the 24 models we run sit above the 49.15 TWD price.
Bear case: the Asset-Based group reads lowest at 14.48 TWD, and 19 of the 24 models stay below the price. Data coverage for this calculation is high.
Scenario range: 27.50 TWD (bear) to 44.53 TWD (bull), the price of 49.15 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 63/100 (solid quality), in the Communication Services sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Welldone Co reported revenue of 3.2B TWD in FY2025 versus 3.0B TWD in FY2021, a compound +1.7%/yr. Reported net income was 437M TWD in FY2025, compounding +28.1%/yr from FY2021.
Key figures
Market cap 4.8B TWD (≈ $146M) Micro · P/E ratio 10.2 · P/S ratio 1.51 · EPS (TTM) 4.83 TWD · Dividend yield 8.1% · Net margin 15.0% · Return on equity 25.1% · Return on assets (EBIT) 7.5% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 66 out of 100 (low confidence).
What moves the price
The share trades about 8% below its 52-week high and 8% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Communication Services peers we cover trades at 51% fair-value upside, at −29%, 6170 screens richer than that median.
Fair Value models
Bear27.50 TWDFair Value 35.02 TWDBull44.53 TWD
Price 49.15 TWD · Downside -28.7%
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 (0.7118 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.40/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
+9.7%
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.
+8.9%
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.
−2.2%
Start year 2020 (pandemic)
Revenue growth 8 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.
+0.5%
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’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. Basis: EBIT basis. 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.
≈ +15.6%
Earnings growth per share plus dividend.
Earnings per share, growth per year+7.5%
Dividend (yield on the price)8.1%
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.6% → 10%
⚠ Revenue per share shrinking 2.7%/yr over ~6Y (margin trend unclear) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
⚠ Rate on operating basis: 2025 sits 68% above its own trend.
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).
+8.8%
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 +7.1% a year for the price.
Price, fair value, quality and upside side by side.
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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.Telecom Services · 234 stocks
Beats the industry median on 6/13 measures
A mixed picture versus its industry peers.
Valuation
Quality Score63 · Top 25%
Fair Value upside−28.7% · Below median
Profitability
Return on equity (12 months)25.1% · Top 25%
Return on assets10.0% · Top 25%
Net margin (12 months)15.0% · Top 25%
Operating margin (12 months)10.4% · Below median
Growth and dividend
Revenue growth (quarter YoY)−2.6% · Bottom 25%
Dividend yield (12 months)8.1% · Top 25%
Valuation Multiplesvs Telecom Services median · lower = cheaper
P/E (12 months)10.2× · Cheaper than median
P/B2.24× · Pricier than median
P/S (12 months)1.51× · Pricier than median
Price / free cash flow (fiscal year)17.3× · Pricier than median
EV/EBITDA14.5× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 44
FUTURE (revenue growth)0· sector 23
PAST (return on equity)100· sector 33
HEALTH (low debt)100· sector 83
DIVIDEND (yield)100· sector 72
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). "Welldone Co Fair Value". https://www.fairvalue-calculator.com/stock/6170
Frequently asked questions
Is Welldone Co (6170) overvalued or undervalued?
As of Nov 8, 2026, our model estimates a fair value of 35.02 TWD versus a price of 49.15 TWD, about 29% lower (overvalued).
What is the fair value of 6170?
Our model-based fair value for Welldone Co is 35.02 TWD (as of Nov 8, 2026), built from audited fundamentals. The current price: 49.15 TWD.
What is the quality score of 6170?
Welldone Co has a Quality Score of 63/100. 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 Welldone Co (6170)?
Our model-based price target is the fair value of 35.02 TWD (as of Nov 8, 2026) from 24 valuation models. Cautious scenario 27.50 TWD, optimistic scenario 44.53 TWD. It is a calculation from audited fundamentals, not an analyst target.
What is the Welldone Co stock forecast for 2026?
Our models put fair value at 35.02 TWD, about 29% lower versus a price of 49.15 TWD (overvalued). Cautious scenario 27.50 TWD, optimistic scenario 44.53 TWD. The calculation is refreshed regularly with new filings.
What is the revenue of Welldone Co (6170)?
Welldone Co reported trailing-twelve-month revenue of about 3.2B TWD (latest available figure, as of Nov 8, 2026).
Does Welldone Co pay a dividend?
Welldone Co currently shows a dividend yield of 8.14% relative to its recent price (as of Nov 8, 2026).
How much is the dividend of Welldone Co (6170) and when is the ex-dividend date?
Welldone Co pays a dividend of 4.00 TWD per share a year, a dividend yield of 8.1%. The last ex-dividend date was Jul 8, 2026. A dividend has been paid every year since 2020. The payout ratio is 82.8% of earnings. Free cash flow covers the dividend 0.71 times. Our assessment: Watch coverage. The dividend isn’t fully covered by free cash flow or earnings, part of it is funded from reserves or debt. Fine for now, but worth watching: if it stays uncovered, the dividend could be cut.
What growth is priced into Welldone Co (6170)?
For today's price to be fair in a discounted-cash-flow model, Welldone Co would have to grow free cash flow by +8.8 % per year for five years (discount rate 11.8 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew -2.2 % per year. As of Nov 8, 2026.
What discount rate (WACC) does the fair value of 6170 use?
Our models discount Welldone Co at 11.8 %: a base by market capitalisation (micro), damped by beta 0.20, 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 Welldone Co that is +8.8 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (11.8 %) and the same formula as our fair value.
How much growth has Welldone Co (6170) delivered so far?
Over the past 5 years revenue at Welldone Co grew -2.2 % a year. The price currently implies free-cash-flow growth of +8.8 % 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 Welldone Co (6170) growing?
The median revenue growth in the sector is +3.8 % a year. That is the yardstick for the growth priced into Welldone Co (+8.8 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Welldone Co (6170)?
The free-cash-flow yield on the price is 5.78 %: that much free cash flow Welldone Co produces per unit of market value. When it exceeds the discount rate of our models (11.8 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Welldone Co (6170)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Welldone Co it is 35.02 TWD per share (as of Nov 8, 2026), against a price of 49.15 TWD. It is the blended result of 24 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Welldone Co stock overvalued or undervalued in 2026?
As of Nov 8, 2026, 6170 trades above its calculated fair value: price 49.15 TWD, fair value 35.02 TWD, a gap of about −29% (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 6170?
No. The price is what the market pays today (49.15 TWD); the fair value is what the company's own numbers justify (35.02 TWD). For Welldone Co the two are 14.13 TWD per share apart. That gap is exactly why we show both numbers side by side.
How much is Welldone Co worth?
The market values Welldone Co at about 4.8B TWD (market capitalisation, as of Nov 8, 2026). Per share that is 49.15 TWD; our models calculate a fair value of 35.02 TWD per share.
What do the bullish and bearish scenarios say about 6170?
Our models span a range for Welldone Co: cautious scenario 27.50 TWD, base 35.02 TWD, optimistic 44.53 TWD per share (as of Nov 8, 2026, price 49.15 TWD). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 6170?
Welldone Co trades at a price-to-earnings ratio of 10.2 (as of Nov 8, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 35.02 TWD is built from several models across several years. Median P/E at fiscal year-end, 9 fiscal years (2017 to 2025), reported earnings: 19.1. Other multiples: P/B 2.2, P/S 1.5, EV/EBITDA 14.5.
How solid is the balance sheet of Welldone Co (6170)?
Balance-sheet figures for Welldone Co (as of Nov 8, 2026): return on equity 25.1%. They feed the Quality Score of 63/100, which measures business quality independently of the share price.
How far is 6170 from its 52-week high?
Welldone Co trades at 49.15 TWD, about 8% below its 52-week high of 53.20 TWD and 8% above the low of 45.45 TWD (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 35.02 TWD is for.
Which stocks are comparable to Welldone Co?
From the same area (Communication Services) we also value China Mobile Limited, Verizon Communications Inc, T-Mobile US, Inc, AT&T Inc, 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 Welldone Co stock attractive at the current price?
The data as of Nov 8, 2026: price 49.15 TWD, calculated fair value 35.02 TWD (−29%), Quality Score 63/100, from 24 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 6170 calculated?
We run Welldone Co through 24 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 35.02 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. Welldone Co 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 Welldone Co (6170)?
The closing price on Nov 6, 2026 was 49.15 TWD. Our model-based fair value is 35.02 TWD, about 29% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Welldone Co right now?
The price sits above even our optimistic bull case (44.53 TWD). The favourable scenario is already priced in. Solid but not exceptional quality (63/100) and above fair value, neither a clear bargain nor a standout compounder.
Key figures of Welldone Co
How large is the market capitalisation of Welldone Co (6170)?
The market capitalisation of Welldone Co is 4.8B TWD (≈ $146M). 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 Welldone Co (6170)?
The price-to-sales ratio of Welldone Co is 1.51 (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 Welldone Co (6170)?
Earnings per share at Welldone Co are 4.83 TWD (price ÷ EPS = P/E 10.2). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Welldone Co (6170)?
The dividend yield of Welldone Co is 8.1% (payout 82.8%). 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 Welldone Co (6170)?
The net margin of Welldone Co is 15.0% (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 Welldone Co (6170)?
The return on equity (ROE) of Welldone Co is 25.1% (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 Welldone Co (6170)?
On an EBIT basis the return on assets of Welldone Co is 7.5% (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 Welldone Co (6170)?
The operating margin of Welldone Co is 10.4% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Welldone Co (6170)?
Revenue at Welldone Co is growing −2.6% versus a year earlier (3y avg +8.9%). 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 Welldone Co (6170)?
Earnings per share at Welldone Co are growing +38.0% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Welldone Co (6170) carry?
The net debt of Welldone Co is 986M TWD (fiscal year 2025, ≈ 3.6 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Broad data
Nov 8, 2026