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Rich Circle Development Co (6198) Fair Value & Analysis

Technology · TW · Market cap 3.6B TWD

RC Rich Circle Development Co 6198 · TWO
Price20.60 TWD
Fair Value27.41 TWD
Upside+33.1%
Quality31/100
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Evidence: Low Range 18.09 TWD – 34.27 TWD

Fair value as of: Jul 12, 2026

From 1 valuation models · updated today

Fair value updated Jul 12, 2026 — revised from 83.20 TWD to 27.41 TWD (−67.1%) since Jun 24, 2026. Share price +1.7% over the past month.

Price vs Fair Value (12 months)

33.30 TWD 20.25 TWD Fair Value 27.41 TWD Jun 2025 Jul 2026

12‑month range 20.25 TWD – 33.30 TWD · fair‑value band 18.09 TWD – 34.27 TWD · the 20.60 TWD price screens below the 27.41 TWD fair value. As of Jul 12, 2026.

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Analysis

Rich Circle Development Co (6198) currently trades at 20.60 TWD, while our model-based Fair Value estimate is 27.41 TWD — implying the stock looks roughly 33.1% undervalued today. We read business quality at 31/100 (below-average quality), in the Technology 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: low) — always confirm before acting.

Trailing-twelve-month revenue stands at 263K TWD. Revenue grew 78.4% year over year. It earns a return on equity of -1.0%. Net debt stands at 605M TWD. Fundamentals as of Jul 12, 2026

Our scenario range runs from 18.09 TWD (bear case) to 34.27 TWD (bull case); at 20.60 TWD, the current price sits within that range. The share trades about 40% below its 52-week high and 4% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -54% fair-value upside — at 33%, 6198 screens cheaper than that median.

Key figures & financial health

Revenue (TTM) 263K TWD
Revenue growth (YoY) +78.4%
Return on equity -1.0%
Free cash flow −1.4B TWD FY2025
Operating margin -24,356%
EPS (TTM) -0.2300 TWD
More key figures
Net debt 605M TWD FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 12, 2026. TTM = trailing twelve months.

About the company

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.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Rich Circle Development Co 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.

Revenue −66.8%/yr
FY21 19.2M TWD
FY22 3.7M TWD
FY23 255M TWD
FY24 2.4M TWD
FY25 234K TWD
Net income
FY21 −3.0M TWD
FY22 −19.3M TWD
FY23 57.0M TWD
FY24 −51.3M TWD
FY25 −40.2M TWD

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Cite: Fair Value Calculator (2026). "Rich Circle Development Co Fair Value". https://www.fairvalue-calculator.com/stock/6198

Similar stocks

10 more Semiconductors stocks, each showing price versus our Fair Value estimate (as of Jul 12, 2026).

Stock Price Fair Value vs Fair Value
NVIDIA Corporation NVDA $208.65 $96.91 -54%
Taiwan Semiconductor Manufacturing Company TSMN 7,419 MXN 5,870 MXN -21%
Broadcom Inc 1YD €375.60 €99.46 -74%
Micron Technology, Inc 1MU €880.10 €206.77 -77%
SK hynix Inc 000660 1,000,000 KRW 1,373,402 KRW +37%
Advanced Micro Devices, Inc AMD $523.20 $91.29 -83%
Intel Corporation INTC CHF 95.11 CHF 45.28 -52%
TSMWF TSMWF $17.24 $57.00 +231%
Texas Instruments Incorporated TXN $282.01 $71.71 -75%
Marvell Technology, Inc MRVL $252.59 $48.32 -81%

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Frequently asked questions

Is Rich Circle Development Co (6198) undervalued?
As of Jul 12, 2026, our model estimates a fair value of 27.41 TWD versus a price of 20.60 TWD — about +33% (undervalued). Model-based estimate, not financial advice.
What is the fair value of 6198?
Our model-based fair value for Rich Circle Development Co is 27.41 TWD (as of Jul 12, 2026), built from audited fundamentals. The current price is 20.60 TWD.
What is the quality score of 6198?
Rich Circle Development Co has a Quality Score of 31/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Rich Circle Development Co (6198)?
Rich Circle Development Co reported trailing-twelve-month revenue of about 263K TWD (latest available figure, as of Jul 12, 2026).
What is the net profit margin of 6198?
The net profit margin of Rich Circle Development Co is about 0.0%, meaning it keeps roughly 0.0% of revenue as net income. Based on the latest reported figures.

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.

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Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.