Apogee Optocom Co Ltd (6426) fair value: what the stock is really worth
As of Nov 4, 2026: fair value (intrinsic value) of Apogee Optocom Co Ltd stock TWD 26.45, price TWD 264, that is 90.0% below the price, quality 78 out of 100. Rating: strongly overvalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 5, 2026.
How to read this chart
60‑month range 50.21 TWD – 391.50 TWD · fair‑value band 20.42 TWD – 33.73 TWD · the 263.50 TWD price screens above the 26.45 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 5, 2026.
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Apogee Optocom Co., Ltd. operates as a communication component manufacturer in Taiwan.
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The company offers image, biomedicine, and aerospace, including 3D sensing, fluorescent, fiber laser, and notch filters, as well as imaging applications, such as black, and triple band filters; active and passive optical filters; and data center products.
It provides optical coating services, including DBR and ODR, mid-to-far infrared, index match ITO, metal, and UV range filter coating services; and measurement services, white light interferometer, spectrophotometer, fourier-transform infrared spectroscopy, and thin film analyzer.
Apogee Optocom Co., Ltd. was founded in 2003 and is headquartered in Tainan City, Taiwan.
Stock analysis
Apogee Optocom Co Ltd (6426) currently trades at 263.50 TWD, while our model-based Fair Value estimate is 26.45 TWD, 90% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of 29.00 TWD per share, and 0 of the 11 models we run sit above the 263.50 TWD price.
Bear case: the Asset-Based group reads lowest at 18.03 TWD, and 11 of the 11 models stay below the price. Data coverage for this calculation is low.
Scenario range: 20.42 TWD (bear) to 33.73 TWD (bull), the price of 263.50 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 78/100 (high quality), in the Technology sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Apogee Optocom Co Ltd reported revenue of 487M TWD in FY2025 versus 519M TWD in FY2021, a compound −1.6%/yr. Reported net income was −30.0M TWD in FY2025.
Key figures
Market cap 10.1B TWD (≈ $308M) Small · P/E ratio 66.5 · P/S ratio 15.9 · EPS (TTM) 3.96 TWD · Dividend yield 0.2% · Net margin 24.0% · Return on equity 16.4% · Return on assets (EBIT) −4.9%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 67 out of 100 (low confidence).
What moves the price
The share trades about 33% below its 52-week high and 305% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Technology peers we cover trades at −48% fair-value upside, at −90%, 6426 screens richer than that median.
Fair Value models
Bear20.42 TWDFair Value 26.45 TWDBull33.73 TWD
Price 263.50 TWD · Downside -90.0%
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 (2.93 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
+47.7%
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.
−7.9%
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.
−7.3%
Start year 2020 (pandemic). Over 10 years: −0.7% a year
Revenue growth 14 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%
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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.
25.5% (2020) → −5.0% (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
not computed
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).
+63.1%
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 +60.5% 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.Communication Equipment · 299 stocks
Beats the industry median on 5/13 measures
Overall it trails its industry peers.
Valuation
Quality Score78 · Top 25%
Fair Value upside−90.0% · Bottom 25%
Profitability
Return on equity (12 months)16.4% · Top 25%
Return on assets−2.9% · Bottom 25%
Net margin (12 months)24.0% · Top 25%
Operating margin (12 months)36.1% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)82.4% · Top 25%
Dividend yield (12 months)0.2% · Bottom 25%
Valuation Multiplesvs Communication Equipment median · lower = cheaper
P/E (12 months)66.5× · Priciest 25%
P/B11.22× · Priciest 25%
P/S (12 months)15.94× · Priciest 25%
Price / free cash flow149.7× · Priciest 25%
EV/EBITDA47.5× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 0
FUTURE (revenue growth)100· sector 57
PAST (return on equity)65· sector 19
HEALTH (low debt)100· sector 98
DIVIDEND (yield)4· sector 24
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). "Apogee Optocom Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/6426
Frequently asked questions
Is Apogee Optocom Co Ltd (6426) overvalued or undervalued?
As of Nov 5, 2026, our model estimates a fair value of 26.45 TWD versus a price of 263.50 TWD, about 90% lower (overvalued).
What is the fair value of 6426?
Our model-based fair value for Apogee Optocom Co Ltd is 26.45 TWD (as of Nov 5, 2026), built from audited fundamentals. The current price: 263.50 TWD.
What is the quality score of 6426?
Apogee Optocom Co Ltd has a Quality Score of 78/100. 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 Apogee Optocom Co Ltd (6426)?
Our model-based price target is the fair value of 26.45 TWD (as of Nov 5, 2026) from 11 valuation models. Cautious scenario 20.42 TWD, optimistic scenario 33.73 TWD. It is a calculation from audited fundamentals, not an analyst target.
What is the Apogee Optocom Co Ltd stock forecast for 2026?
Our models put fair value at 26.45 TWD, about 90% lower versus a price of 263.50 TWD (overvalued). Cautious scenario 20.42 TWD, optimistic scenario 33.73 TWD. The calculation is refreshed regularly with new filings.
What is the revenue of Apogee Optocom Co Ltd (6426)?
Apogee Optocom Co Ltd reported trailing-twelve-month revenue of about 637M TWD (latest available figure, as of Nov 5, 2026).
Does Apogee Optocom Co Ltd pay a dividend?
Apogee Optocom Co Ltd currently shows a dividend yield of 0.19% relative to its recent price (as of Nov 5, 2026).
What growth is priced into Apogee Optocom Co Ltd (6426)?
For today's price to be fair in a discounted-cash-flow model, Apogee Optocom Co Ltd would have to grow free cash flow by +63.1 % per year for five years (discount rate 14.3 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew -7.3 % per year. As of Nov 5, 2026.
What discount rate (WACC) does the fair value of 6426 use?
Our models discount Apogee Optocom Co Ltd at 14.3 %: a base by market capitalisation (small), damped by beta 2.07, 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 Apogee Optocom Co Ltd that is +63.1 % per year a year over ten years, using the same discount rate (14.3 %) and the same formula as our fair value.
How much growth has Apogee Optocom Co Ltd (6426) delivered so far?
Over the past 5 years revenue at Apogee Optocom Co Ltd grew -7.3 % a year. The price currently implies +63.1 % per year free-cash-flow growth a 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 Apogee Optocom Co Ltd (6426) growing?
The median revenue growth in the sector is +11.3 % a year. That is the yardstick for the growth priced into Apogee Optocom Co Ltd (+63.1 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Apogee Optocom Co Ltd (6426)?
The free-cash-flow yield on the price is 0.67 %: that much free cash flow Apogee Optocom Co Ltd produces per unit of market value. When it exceeds the discount rate of our models (14.3 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Apogee Optocom Co Ltd (6426)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Apogee Optocom Co Ltd it is 26.45 TWD per share (as of Nov 5, 2026), against a price of 263.50 TWD. It is the blended result of 11 valuation models (cash flow, earnings, asset, dividend).
Is Apogee Optocom Co Ltd stock overvalued or undervalued in 2026?
As of Nov 5, 2026, 6426 trades above its calculated fair value: price 263.50 TWD, fair value 26.45 TWD, a gap of about −90% (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 6426?
No. The price is what the market pays today (263.50 TWD); the fair value is what the company's own numbers justify (26.45 TWD). For Apogee Optocom Co Ltd the two are 237.05 TWD per share apart. That gap is exactly why we show both numbers side by side.
How much is Apogee Optocom Co Ltd worth?
The market values Apogee Optocom Co Ltd at about 10.1B TWD (market capitalisation, as of Nov 5, 2026). Per share that is 263.50 TWD; our models calculate a fair value of 26.45 TWD per share.
What do the bullish and bearish scenarios say about 6426?
Our models span a range for Apogee Optocom Co Ltd: cautious scenario 20.42 TWD, base 26.45 TWD, optimistic 33.73 TWD per share (as of Nov 5, 2026, price 263.50 TWD). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 6426?
Apogee Optocom Co Ltd trades at a price-to-earnings ratio of 66.5 (as of Nov 5, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 26.45 TWD is built from several models across several years. Other multiples: P/B 11.2, P/S 15.9, EV/EBITDA 47.5.
How solid is the balance sheet of Apogee Optocom Co Ltd (6426)?
Balance-sheet figures for Apogee Optocom Co Ltd (as of Nov 5, 2026): return on equity 16.4%. They feed the Quality Score of 78/100, which measures business quality independently of the share price.
How far is 6426 from its 52-week high?
Apogee Optocom Co Ltd trades at 263.50 TWD, about 33% below its 52-week high of 391.50 TWD and 305% above the low of 65.00 TWD (as of Nov 4, 2026). Distance from the high says nothing about value: that is what the fair value of 26.45 TWD is for.
Which stocks are comparable to Apogee Optocom Co Ltd?
From the same area (Technology) we also value Cisco Systems, Inc, Foxconn Industrial Internet Co, Zhongji Innolight Co, Motorola Solutions, 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 Apogee Optocom Co Ltd stock attractive at the current price?
The data as of Nov 5, 2026: price 263.50 TWD, calculated fair value 26.45 TWD (−90%), Quality Score 78/100, from 11 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 6426 calculated?
We run Apogee Optocom Co Ltd through 11 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 26.45 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 15.0% above its aggregate fair value. Apogee Optocom Co Ltd 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 Apogee Optocom Co Ltd (6426)?
The closing price on Nov 4, 2026 was 263.50 TWD. Our model-based fair value is 26.45 TWD, about 90% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Apogee Optocom Co Ltd right now?
A high-quality business (quality 78/100), yet the market already pays well above fair value. Quality at a full price, with little margin of safety. The price sits above even our optimistic bull case (33.73 TWD). The favourable scenario is already priced in. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
Key figures of Apogee Optocom Co Ltd
How large is the market capitalisation of Apogee Optocom Co Ltd (6426)?
The market capitalisation of Apogee Optocom Co Ltd is 10.1B TWD (≈ $308M). 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 Apogee Optocom Co Ltd (6426)?
The price-to-sales ratio of Apogee Optocom Co Ltd is 15.9 (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 Apogee Optocom Co Ltd (6426)?
Earnings per share at Apogee Optocom Co Ltd are 3.96 TWD (price ÷ EPS = P/E 66.5). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Apogee Optocom Co Ltd (6426)?
The dividend yield of Apogee Optocom Co Ltd is 0.2% (payout 12.6%). 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 Apogee Optocom Co Ltd (6426)?
The net margin of Apogee Optocom Co Ltd is 24.0% (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 Apogee Optocom Co Ltd (6426)?
The return on equity (ROE) of Apogee Optocom Co Ltd is 16.4% (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 Apogee Optocom Co Ltd (6426)?
On an EBIT basis the return on assets of Apogee Optocom Co Ltd is −4.9% (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 Apogee Optocom Co Ltd (6426)?
The operating margin of Apogee Optocom Co Ltd is 36.1% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Apogee Optocom Co Ltd (6426)?
Revenue at Apogee Optocom Co Ltd is growing +82.4% versus a year earlier (3y avg −7.9%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How much net cash does Apogee Optocom Co Ltd (6426) hold?
Apogee Optocom Co Ltd holds more cash than debt, 235M TWD net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
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Thin data
Nov 5, 2026