Averlogic Technologies (6198) fair value: what the stock is really worth
As of Oct 8, 2026: fair value of Averlogic Technologies TWD 27.41, price TWD 19.70, upside +39.1%, quality 34 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Rich Circle Development Co., Ltd. engages in the design, manufacture, market, and sale of semiconductors in Taiwan, Asia, Europe, and the Americas. The company offers integrated circuits, semiconductor memory components, digital communications products, computer peripherals, and other related semiconductor components.
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Rich Circle Development Co., Ltd. engages in the design, manufacture, market, and sale of semiconductors in Taiwan, Asia, Europe, and the Americas. The company offers integrated circuits, semiconductor memory components, digital communications products, computer peripherals, and other related semiconductor components. It also involved in real estate leasing and other business projects. The company was formerly known as AverLogic Technologies, Corp. and changed its name to Rich Circle Development Co., Ltd. in January 2024. The company was founded in 1987 and is based in Taipei, Taiwan.
Stock analysis
Averlogic Technologies (6198) currently trades at 19.70 TWD, while our model-based Fair Value estimate is 27.41 TWD, implying the stock looks roughly 28.1% undervalued today.
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Valuation
How firm this estimate is: it rests on 1 models at a data quality of 95/100, which puts the evidence level at low.
Scenario range: 18.09 TWD (bear) to 34.27 TWD (bull), the price of 19.70 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 Technology sector.
Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.
Averlogic Technologies reported revenue of 234K TWD in FY2025 versus 19.2M TWD in FY2021, a compound −66.8%/yr. Reported net income was −40.2M TWD in FY2025.
Our AI-assisted moat analysis scores the competitive advantage at 32 out of 100 (low confidence).
What moves the price
The share trades about 34% below its 52-week high and 5% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Technology peers we cover trades at −41% fair-value upside, at 39%, 6198 screens cheaper than that median.
Fair Value models
Bear 18.09 TWDFair Value 27.41 TWDBull 34.27 TWD
Price 19.70 TWD · Upside +39.1%
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. 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.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.0/100
Revenue is shrinking: the last year, the last three and the last five years are all negative.
Revenue growth 1 year
−90.1%
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.
−63.1%
Start year 2020 (pandemic). Over 10 years: −43.8% 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.
−43.8%
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Profit margin (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.
−28.5% (2020) → −22,443.2% (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
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.Semiconductors · 341 stocks
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). "Averlogic Technologies Fair Value". https://www.fairvalue-calculator.com/stock/6198
Frequently asked questions
Is Averlogic Technologies (6198) overvalued or undervalued?
As of Oct 2, 2026, our model estimates a fair value of 27.41 TWD versus a price of 19.70 TWD, about +39% upside (undervalued).
What is the fair value of 6198?
Our model-based fair value for Averlogic Technologies is 27.41 TWD (as of Oct 2, 2026), built from audited fundamentals. The current price: 19.70 TWD.
What is the quality score of 6198?
Averlogic Technologies 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 Averlogic Technologies (6198)?
Our model-based price target is the fair value of 27.41 TWD (as of Oct 2, 2026) from 1 valuation models. Cautious scenario 18.09 TWD, optimistic scenario 34.27 TWD. It is a calculation from audited fundamentals, not an analyst target.
What is the Averlogic Technologies stock forecast for 2026?
Our models put fair value at 27.41 TWD, about +39% upside versus a price of 19.70 TWD (undervalued). Cautious scenario 18.09 TWD, optimistic scenario 34.27 TWD. The calculation is refreshed regularly with new filings.
What is the revenue of Averlogic Technologies (6198)?
Averlogic Technologies reported trailing-twelve-month revenue of about 250K TWD (latest available figure, as of Oct 2, 2026).
What is the intrinsic value of Averlogic Technologies (6198)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Averlogic Technologies it is 27.41 TWD per share (as of Oct 2, 2026), against a price of 19.70 TWD. It is the blended result of 1 valuation models (cash flow, earnings, asset, dividend).
Is Averlogic Technologies stock overvalued or undervalued in 2026?
As of Oct 2, 2026, 6198 trades below its calculated fair value: price 19.70 TWD, fair value 27.41 TWD, a gap of about +39% (undervalued). 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 6198?
No. The price is what the market pays today (19.70 TWD); the fair value is what the company's own numbers justify (27.41 TWD). For Averlogic Technologies the two are 7.71 TWD per share apart. That gap is exactly why we show both numbers side by side.
How much is Averlogic Technologies worth?
The market values Averlogic Technologies at about 3.4B TWD (market capitalisation, as of Oct 2, 2026). Per share that is 19.70 TWD; our models calculate a fair value of 27.41 TWD per share.
What do the bullish and bearish scenarios say about 6198?
Our models span a range for Averlogic Technologies: cautious scenario 18.09 TWD, base 27.41 TWD, optimistic 34.27 TWD per share (as of Oct 2, 2026, price 19.70 TWD). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Averlogic Technologies (6198)?
Balance-sheet figures for Averlogic Technologies (as of Oct 2, 2026): return on equity −1.2%, debt of 0.03 per unit of equity. They feed the Quality Score of 34/100, which measures business quality independently of the share price.
How far is 6198 from its 52-week high?
Averlogic Technologies trades at 19.70 TWD, about 34% below its 52-week high of 29.80 TWD and 5% above the low of 18.70 TWD (as of Oct 8, 2026). Distance from the high says nothing about value: that is what the fair value of 27.41 TWD is for.
Which stocks are comparable to Averlogic Technologies?
From the same area (Technology) we also value NVIDIA Corporation, Taiwan Semiconductor Manufacturing Company, Broadcom Inc, Micron Technology, 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 Averlogic Technologies stock attractive at the current price?
The data as of Oct 2, 2026: price 19.70 TWD, calculated fair value 27.41 TWD (+39%), Quality Score 34/100, from 1 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 6198 calculated?
We run Averlogic Technologies through 1 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 27.41 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 14.6 % above its aggregate fair value. Averlogic Technologies currently trades 28 % 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 Averlogic Technologies (6198)?
The closing price on Oct 8, 2026 was 19.70 TWD. Our model-based fair value is 27.41 TWD, about +39% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Averlogic Technologies right now?
The large discount to fair value meets weak quality (34/100). That raises the risk this is a value trap rather than a bargain. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. A fairly wide model range (18.09 TWD to 34.27 TWD) leaves room in how you read the outcome.
Key figures of Averlogic Technologies
How large is the market capitalisation of Averlogic Technologies (6198)?
The market capitalisation of Averlogic Technologies is 3.4B TWD (≈ $106M). 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 are the earnings per share of Averlogic Technologies (6198)?
Earnings per share at Averlogic Technologies are −0.3400 TWD. Earnings per share over the last twelve months: total profit spread across every single share.
What is the return on equity of Averlogic Technologies (6198)?
The return on equity (ROE) of Averlogic Technologies is −1.2% (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 Averlogic Technologies (6198)?
On an EBIT basis the return on assets of Averlogic Technologies is 0.1% (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 Averlogic Technologies (6198)?
The operating margin of Averlogic Technologies is −27,788% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Averlogic Technologies (6198)?
Revenue at Averlogic Technologies is growing −20.0% versus a year earlier (3y avg −60.1%). 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 Averlogic Technologies (6198) generate?
The free cash flow of Averlogic Technologies is −1.4B 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 Averlogic Technologies (6198) carry?
The net debt of Averlogic Technologies is 605M 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.
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