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Flytech Technology Co (6206) Fair Value & Analysis

Technology · TW · Market cap 18.6B TWD

FT Flytech Technology Co 6206 · TW
Price144.00 TWD
Fair Value137.91 TWD
Upside-4.2%
Quality84/100
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Healthy Growth
Solidly profitable · 19.7% net margin
Low debt · generates free cash flow
4.35% dividend yield
Ranks above peers (10/14)
Wide moat 77/100
Evidence: High Range 91.90 TWD – 169.64 TWD Share as image

Fair value as of: Jul 23, 2026

From 26 valuation models · updated 17 days ago

Share price +7.1% over the past month.

A strong business, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • A fairly wide model range (91.90 TWD to 169.64 TWD) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

172.50 TWD 50.09 TWD Fair Value 137.91 TWD Mar 2021 Aug 2026

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 50.09 TWD – 172.50 TWD · fair‑value band 91.90 TWD – 169.64 TWD · the 144.00 TWD price screens above the 137.91 TWD fair value. Dashed = 300-day average. As of Jul 23, 2026.

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Analysis

Flytech Technology Co (6206) currently trades at 144.00 TWD, while our model-based Fair Value estimate is 137.91 TWD, implying the stock looks roughly 4.2% fairly valued today. The Quality Score stands at 84/100 (high quality), in the Technology 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: high).

Over the trailing twelve months, Flytech Technology Co generated revenue of 5.2B TWD at a net margin of 19.7%. Revenue grew 11.0% year over year. It earns a return on equity of 18.0%. The balance sheet holds a net cash position of 2.2B TWD. Fundamentals as of Jul 23, 2026

Our scenario range runs from 91.90 TWD (bear case) to 169.64 TWD (bull case); at 144.00 TWD, the current price sits within 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 1% below its 52-week high and 63% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at -67% fair-value upside, at -4%, 6206 screens cheaper 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.

Model BearBaseBull Evidence
Highest evidence
Growth DCF 82.08 TWD 114.59 TWD 160.87 TWD 80
Residual Income 43.18 TWD 52.28 TWD 115.97 TWD 76
Rev-Margin DCF 75.02 TWD 110.61 TWD 151.19 TWD 74
All 26 models by family
DCF Models
FCF DCF 80.81 TWD 117.29 TWD 172.46 TWD 38
Owner Earnings 89.47 TWD 130.65 TWD 192.90 TWD 31
5Y Revenue Exit 75.02 TWD 110.37 TWD 155.04 TWD 39
5Y EBITDA Exit 90.39 TWD 138.92 TWD 195.10 TWD 41
5Y P/E Exit 96.64 TWD 150.52 TWD 206.68 TWD 38
10Y Revenue Exit 74.63 TWD 107.30 TWD 150.34 TWD 36
10Y EBITDA Exit 86.26 TWD 127.05 TWD 180.72 TWD 37
10Y P/E Exit 90.23 TWD 135.08 TWD 189.50 TWD 35
Earnings-Based
Graham-Dodd 46.89 TWD 140.91 TWD 186.74 TWD 54
Lynch FV 29.93 TWD 42.75 TWD 55.58 TWD 50
PEG = 1.0 29.93 TWD 42.75 TWD 55.58 TWD 46
EPV 81.10 TWD 92.40 TWD 102.28 TWD 59
Dividend Discount
Gordon GGM 55.09 TWD 114.55 TWD 181.71 TWD 70
DDM Multi-Stage 55.09 TWD 89.71 TWD 120.22 TWD 61
Multiples
P/E Multiple 103.43 TWD 137.91 TWD 172.39 TWD 63
P/S Multiple 65.96 TWD 87.94 TWD 109.93 TWD 58
P/B Multiple 81.50 TWD 108.66 TWD 135.83 TWD 55
EV/EBIT 132.38 TWD 172.07 TWD 211.75 TWD 53
EV/EBITDA 105.94 TWD 136.81 TWD 167.68 TWD 54
EV/Revenue 74.90 TWD 101.28 TWD 127.66 TWD 43
Asset-Based
NCAV (Graham) 18.11 TWD 24.27 TWD 36.22 TWD 50
Growth DCF
Growth DCF 82.08 TWD 114.59 TWD 160.87 TWD 80
Rev-Margin DCF 75.02 TWD 110.61 TWD 151.19 TWD 74
Economic Profit
Residual Income 43.18 TWD 52.28 TWD 115.97 TWD 76
ROIC Compounder 85.21 TWD 102.48 TWD 121.44 TWD 72
Growth Earnings
Growth-Adj P/E 84.93 TWD 121.33 TWD 157.73 TWD 68

Widest divergence: DCF Models (127.05 TWD) versus Asset-Based (24.27 TWD). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 5.2B TWD
Revenue growth (YoY) +11.0%
Net margin 19.7%
Return on equity 18.0%
Free cash flow 858M TWD FY2025
P/E ratio 18.4
More key figures
Operating margin 28.1%
EPS (TTM) 7.08 TWD
Dividend yield 4.4%
EPS growth (YoY) +10.2%
Net cash 2.2B TWD FY2025

Figures from reported company fundamentals · as of Jul 23, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 84/100

Of which business quality 80 · Market factors (momentum, volatility) 75

Profitability 73
Margins and returns on capital today
Quality Growth 54
Are margins and returns improving?
Cashflow 66
Earnings quality: real cash, not paper profit
Fin. Strength 99
Balance sheet, leverage, solvency risk
Investment 96
Disciplined investing over empire-building
Low Volatility 72
Calm price path (market factor)
Momentum 77
Price trend over the last 3–12 months (market factor)
52W Momentum 74
Distance to the 52-week high (market factor)
Net Issuance 98
Buybacks instead of dilution

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

Flytech Technology Co., Ltd. designs, manufactures, trades in, and sells computers and peripheral equipment in Taiwan. It offers all-in-one point-of-sales (POS), panel PC, mobile POS, self-service kiosk, and box PC. The company also provides Unified Endpoint Management. It serves retail, hospitality, healthcare, industrial, and digital signage industries.

Full company description

Flytech Technology Co., Ltd. designs, manufactures, trades in, and sells computers and peripheral equipment in Taiwan. It offers all-in-one point-of-sales (POS), panel PC, mobile POS, self-service kiosk, and box PC. The company also provides Unified Endpoint Management. It serves retail, hospitality, healthcare, industrial, and digital signage industries. Flytech Technology Co., Ltd. was incorporated in 1984 and is headquartered in Taipei, Taiwan.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Flytech Technology Co reported revenue of 5.0B TWD in FY2025 versus 5.2B TWD in FY2021, a compound −0.7%/yr. Reported net income was 986M TWD in FY2025, compounding +9.6%/yr from FY2021.

Growth Quality 73/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
5.0B TWD
Latest YoY
+9.3%
Avg. growth/yr (3Y)
−3.2%
Avg. growth/yr (5Y)
+2.6%
Avg. growth/yr (23Y)
+8.4%
Revenue −0.7%/yr
FY21 5.2B TWD
FY22 5.5B TWD
FY23 3.5B TWD
FY24 4.6B TWD
FY25 5.0B TWD
Net income +9.6%/yr
FY21 683M TWD
FY22 1.0B TWD
FY23 502M TWD
FY24 992M TWD
FY25 986M TWD

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Cite: Fair Value Calculator (2026). "Flytech Technology Co Fair Value". https://www.fairvalue-calculator.com/stock/6206

Peer Group

Computer Hardware · 215 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.

Quality Score 84 · Top 25%
Fair Value upside −4% · Above median
Return on equity (TTM) 18% · Top 25%
Return on assets 12% · Top 25%
Net margin (TTM) 20% · Top 25%
Operating margin (TTM) 28% · Top 25%
Revenue growth 11% · Below median
Dividend yield (TTM) 4.4% · Top 25%
Debt / equity 0.06× · Higher than median

Valuation Multiples vs Computer Hardware median · lower = cheaper

P/E (TTM) 18.4× · Cheaper than median
P/B 3.59× · Pricier than 75% of peers
P/S (TTM) 3.59× · Pricier than 75% of peers
P/FCF 0.7× · Cheaper than median
EV/EBITDA 12.1× · Cheaper than median

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 28 · sector 0
FUTURE 55 · sector 57
PAST 72 · sector 26
HEALTH 97 · sector 97
DIVIDEND 87 · sector 44

Insider activity: 45/100

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Computer Hardware stocks, each showing price versus our Fair Value estimate (as of Jul 23, 2026).

Stock Price Fair Value vs Fair Value
Compal Electronics, Inc CEIR $0.0310 $0.0276 -11%
Dell Technologies Inc DELL $434.97 $163.87 -62%
Arista Networks, Inc ANET $168.56 $43.74 -74%
Western Digital Corporation WDC $513.84 $74.05 -86%
Wiwynn Corporation 6669 4,685 TWD 1,559 TWD -67%
Hangzhou Hikvision Digital Technology Co 002415 ¥34.12 ¥30.11 -12%
Quanta Computer Inc 2382 373.50 TWD 297.22 TWD -20%
Shenzhen Longsys Electronics Co 301308 ¥587.60 ¥60.86 -90%
Lenovo Group 0992 HK$23.16 HK$3.07 -87%
Dawning Information Industry Co 603019 ¥106.13 ¥28.88 -73%

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Frequently asked questions

Is Flytech Technology Co (6206) overvalued or undervalued?
As of Jul 23, 2026, our model estimates a fair value of 137.91 TWD versus a price of 144.00 TWD, about −4% (fairly valued).
What is the fair value of 6206?
Our model-based fair value for Flytech Technology Co is 137.91 TWD (as of Jul 23, 2026), built from audited fundamentals. The current price is 144.00 TWD.
What is the quality score of 6206?
Flytech Technology Co has a Quality Score of 84/100. 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 revenue of Flytech Technology Co (6206)?
Flytech Technology Co reported trailing-twelve-month revenue of about 5.2B TWD (latest available figure, as of Jul 23, 2026).
What is the net profit margin of 6206?
The net profit margin of Flytech Technology Co is about 19.7%, meaning it keeps roughly 19.7% of revenue as net income. Based on the latest reported figures.
Does Flytech Technology Co pay a dividend?
Flytech Technology Co currently shows a dividend yield of about 4.17% relative to its recent price (as of Jul 23, 2026).

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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