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Aiptek International Inc (6225) Fair Value & Analysis

Technology · TW · Market cap 724M TWD

AI Aiptek International Inc 6225 · TW
Price48.80 TWD
Fair Value66.50 TWD
Upside+36.3%
Quality50/100
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Mixed Growth
Loss-making · -1.5% net margin
Low debt · generates free cash flow
Trails peers (4/12)
Narrow moat 19/100
Evidence: Medium Range 57.91 TWD – 75.41 TWD Share as image

Fair value as of: Aug 19, 2026

From 10 valuation models · updated today

Fair value updated Aug 19, 2026, revised from 2.09 TWD to 66.50 TWD (+3,081.8%) since Aug 13, 2026. Share price +87.7% over the past month.

A solid business, screening 36% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (57.91 TWD). The market is more pessimistic than our downside scenario.
  • Solid quality (50/100) at a price below fair value, the discount is the argument here, not the business quality.
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Price vs Fair Value (5 years)

48.80 TWD 3.01 TWD Fair Value 66.50 TWD Oct 2020 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 19, 2026.

How to read this chart

60‑month range 3.01 TWD – 48.80 TWD · fair‑value band 57.91 TWD – 75.41 TWD · the 48.80 TWD price screens below the 66.50 TWD fair value. Dashed = 300-day average. As of Aug 19, 2026.

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Analysis

Aiptek International Inc (6225) currently trades at 48.80 TWD, while our model-based Fair Value estimate is 66.50 TWD, implying the stock looks roughly 36.3% undervalued today. The Quality Score stands at 50/100 (solid 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: medium), always confirm before acting.

Over the trailing twelve months, Aiptek International Inc generated revenue of 51.2M TWD at a net margin of -1.5%. Revenue declined 34.8% year over year. It earns a return on equity of -0.9%. The balance sheet holds a net cash position of 32.6M TWD. Fundamentals as of Aug 19, 2026

Our scenario range runs from 57.91 TWD (bear case) to 75.41 TWD (bull case); at 48.80 TWD, the current price sits below 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 near its 52-week high and 363% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at -21% fair-value upside, at 36%, 6225 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.

Note: the current price implies far more future growth than the conservative anchors of our models allow (base growth is deliberately capped, we do not regard such extreme rates as sustainable). Our models are not designed for expectations this high; that is why the individual models scatter extremely (0.5400 TWD to 13.41 TWD). Read the values as a conservative anchor, not as a price target.
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
Highest evidence
Growth DCF 0.9200 TWD 1.08 TWD 1.33 TWD 80
Rev-Margin DCF 0.9100 TWD 1.18 TWD 1.51 TWD 74
Gordon GGM 11.14 TWD 12.01 TWD 13.31 TWD 70
All 10 models by family
DCF Models
FCF DCF 0.9000 TWD 1.07 TWD 1.36 TWD 38
Owner Earnings 0.4900 TWD 0.5400 TWD 0.6300 TWD 31
5Y Revenue Exit 0.9100 TWD 1.16 TWD 1.54 TWD 39
10Y Revenue Exit 0.8800 TWD 1.07 TWD 1.26 TWD 36
Dividend Discount
Gordon GGM 11.14 TWD 12.01 TWD 13.31 TWD 70
DDM Multi-Stage 11.14 TWD 13.41 TWD 16.24 TWD 61
Multiples
EV/Revenue 0.9600 TWD 1.24 TWD 1.52 TWD 43
Asset-Based
NCAV (Graham) 1.56 TWD 2.09 TWD 3.11 TWD 50
Growth DCF
Growth DCF 0.9200 TWD 1.08 TWD 1.33 TWD 80
Rev-Margin DCF 0.9100 TWD 1.18 TWD 1.51 TWD 74

Widest divergence: Dividend Discount (12.01 TWD) versus DCF Models (1.07 TWD). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 51.2M TWD
Revenue growth (YoY) -34.8%
Net margin -1.5%
Return on equity -0.9%
Free cash flow 2.0M TWD FY2025
Operating margin -149%
More key figures
EPS (TTM) -0.0600 TWD
Net cash 32.6M TWD FY2025

Figures from reported company fundamentals · as of Aug 19, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 50/100

Of which business quality 51 · Market factors (momentum, volatility) 85

Profitability 20
Margins and returns on capital today
Quality Growth 67
Are margins and returns improving?
Cashflow 33
Earnings quality: real cash, not paper profit
Fin. Strength 96
Balance sheet, leverage, solvency risk
Investment 98
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 100
Price trend over the last 3–12 months (market factor)
52W Momentum 100
Distance to the 52-week high (market factor)
Net Issuance 7
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

aiPlex Corporation, together with its subsidiaries, produces and sells digital cameras, dashcams, and mini projectors in Taiwan and internationally. The company offers GPS satellite navigation, motorcycle driving recorder, and car dash cam products, as well as optical transmission network services. The company was formerly known as AIPTEK International Inc.

Full company description

aiPlex Corporation, together with its subsidiaries, produces and sells digital cameras, dashcams, and mini projectors in Taiwan and internationally. The company offers GPS satellite navigation, motorcycle driving recorder, and car dash cam products, as well as optical transmission network services. The company was formerly known as AIPTEK International Inc. and changed its name to aiPlex Corporation in April 2026. aiPlex Corporation was founded in 1986 and is based in Taipei, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Aiptek International Inc reported revenue of 54.5M TWD in FY2025 versus 30.9M TWD in FY2021, a compound +15.2%/yr. Reported net income was −1.8M TWD in FY2025.

Growth Quality 54/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
54.5M TWD
Latest YoY
+0.4%
Avg. 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.
+16.8%
Avg. 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.
+18.6%
Avg. growth/yr (24Y) 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.
−14.6%
Revenue +15.2%/yr
FY21 30.9M TWD
FY22 34.2M TWD
FY23 53.5M TWD
FY24 54.3M TWD
FY25 54.5M TWD
Net income
FY21 −3.8M TWD
FY22 −3.9M TWD
FY23 8.7M TWD
FY24 −1.9M TWD
FY25 −1.8M TWD

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Cite: Fair Value Calculator (2026). "Aiptek International Inc Fair Value". https://www.fairvalue-calculator.com/stock/6225

Peer Group

Consumer Electronics · 130 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 50 · Below median
Fair Value upside +36% · Top 25%
Return on assets -6% · Bottom 25%
Net margin (TTM) -1% · Below median
Operating margin (TTM) -149% · Bottom 25%
Revenue growth -35% · Bottom 25%
Dividend yield (TTM) 6.2% · Top 25%
Debt / equity 0.31× · Higher than 75% of peers

Valuation Multiples vs Consumer Electronics median · lower = cheaper

P/B 0.26× · Cheaper than 75% of peers
P/S (TTM) 0.44× · Cheaper than median
P/FCF 11.6× · Pricier than 75% of peers

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 82 · sector 8
FUTURE 0 · sector 15
PAST 0 · sector 9
HEALTH 84 · sector 97
DIVIDEND 100 · sector 43

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 Consumer Electronics stocks, each showing price versus our Fair Value estimate (as of Aug 19, 2026).

Stock Price Fair Value vs Fair Value
Apple Inc AAPL $305.59 $172.19 -44%
Samsung Electronics Co 005930 255,500 KRW 163,160 KRW -36%
Sony Group SONYN 366.00 MXN 303.26 MXN -17%
Xiaomi Corporation 1810 HK$25.88 HK$44.26 +71%
LG Electronics Inc 066570 205,000 KRW 98,149 KRW -52%
Sharetronic Data Technology Co 300857 ¥249.80 ¥35.52 -86%
Huaqin Co 603296 ¥79.02 ¥39.69 -50%
Goertek Inc 002241 ¥22.11 ¥21.02 -5%
LG Corp 003550 113,700 KRW 89,984 KRW -21%
Shenzhen Transsion Holdings 688036 ¥56.29 ¥56.82 +1%

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Frequently asked questions

Is Aiptek International Inc (6225) overvalued or undervalued?
As of Aug 19, 2026, our model estimates a fair value of 66.50 TWD versus a price of 48.80 TWD, about +36% (undervalued).
What is the fair value of 6225?
Our model-based fair value for Aiptek International Inc is 66.50 TWD (as of Aug 19, 2026), built from audited fundamentals. The current price is 48.80 TWD.
What is the quality score of 6225?
Aiptek International Inc 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 revenue of Aiptek International Inc (6225)?
Aiptek International Inc reported trailing-twelve-month revenue of about 51.2M TWD (latest available figure, as of Aug 19, 2026).
What is the net profit margin of 6225?
The net profit margin of Aiptek International Inc is about -1.5%, meaning it is currently running at a net loss. 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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