ASolid Technology Co Ltd (6485) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of ASolid Technology Co Ltd stock TWD 19.06, price TWD 60.40, that is 68.4% below the price, quality 72 out of 100. Rating: strongly overvalued. Calculated from audited financials with 24 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 4, 2026.
How to read this chart
60‑month range 38.45 TWD – 166.62 TWD · fair‑value band 14.30 TWD – 23.83 TWD · the 60.40 TWD price screens above the 19.06 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 4, 2026.
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ASolid Technology Co., Ltd. engages in the provision of NAND flash controller in Taiwan. It offers eMMC controllers, SD controllers, SSD controllers, and UFD controllers. The company was founded in 2008 and is based in Zhubei City, Taiwan.
Stock analysis
ASolid Technology Co Ltd (6485) currently trades at 60.40 TWD, while our model-based Fair Value estimate is 19.06 TWD, 68% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of 49.92 TWD per share, and 2 of the 24 models we run sit above the 60.40 TWD price.
Bear case: the Dividend Discount group reads lowest at 3.47 TWD, and 22 of the 24 models stay below the price. Data coverage for this calculation is medium.
Scenario range: 14.30 TWD (bear) to 23.83 TWD (bull), the price of 60.40 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 72/100 (solid 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.
ASolid Technology Co Ltd reported revenue of 1.5B TWD in FY2025 versus 2.0B TWD in FY2021, a compound −6.8%/yr. Reported net income was 32.2M TWD in FY2025, compounding −49.5%/yr from FY2021.
Key figures
Market cap 2.9B TWD (≈ $87.1M) Micro · P/S ratio 2.50 · EPS (TTM) −0.3000 TWD · Dividend yield 0.8% · Net margin −1.0% · Return on equity −0.8% · Return on assets (EBIT) 10.5% (5-year average) · Operating margin −16.9%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 25 out of 100 (medium confidence).
What moves the price
The share trades about 51% 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 −6% fair-value upside, at −68%, 6485 screens richer than that median.
Fair Value models
Bear14.30 TWDFair Value 19.06 TWDBull23.83 TWD
Price 60.40 TWD · Downside -68.4%
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.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
+16.8%
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.
−8.4%
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.
+9.4%
Start year 2020 (pandemic)
Revenue growth 8 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.
+9.5%
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What shareholders gained per year (last 5 years), in TWD ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in TWD: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
−13.6%
Earnings growth per share plus dividend.
Earnings per share, growth per year−14.4%
Dividend (yield on the price)0.8%
Profit margin 2020 to 2025 ⓘ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.5% → 0%
Growth Forecast
Little optimism in the price
The price assumes less 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).
+0.3%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
Calculated on free cash flow for fiscal year 2025. Over the last twelve months it was negative, so the figure above is uncertain.
After inflation (Taiwan: IMF forecast 1.6% a year to 2030, 1.5% from 2016 to 2025) that is about −1.2% a year for the price.
Compare ASolid Technology Co Ltd with another stock
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.Computer Hardware · 213 stocks
Beats the industry median on 3/11 measures
Overall it trails its industry peers.
Valuation
Quality Score72 · Top 25%
Fair Value upside−68.4% · Bottom 25%
Profitability
Return on assets1.5% · Below median
Net margin (12 months)−1.0% · Bottom 25%
Operating margin (12 months)−16.9% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY)−11.3% · Bottom 25%
Dividend yield (12 months)0.8% · Below median
Valuation Multiplesvs Computer Hardware median · lower = cheaper
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). "ASolid Technology Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/6485
Frequently asked questions
Is ASolid Technology Co Ltd (6485) overvalued or undervalued?
As of Nov 4, 2026, our model estimates a fair value of 19.06 TWD versus a price of 60.40 TWD, about 68% lower (overvalued).
What is the fair value of 6485?
Our model-based fair value for ASolid Technology Co Ltd is 19.06 TWD (as of Nov 4, 2026), built from audited fundamentals. The current price: 60.40 TWD.
What is the quality score of 6485?
ASolid Technology Co Ltd has a Quality Score of 72/100. 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 ASolid Technology Co Ltd (6485)?
Our model-based price target is the fair value of 19.06 TWD (as of Nov 4, 2026) from 24 valuation models. Cautious scenario 14.30 TWD, optimistic scenario 23.83 TWD. It is a calculation from audited fundamentals, not an analyst target.
What is the ASolid Technology Co Ltd stock forecast for 2026?
Our models put fair value at 19.06 TWD, about 68% lower versus a price of 60.40 TWD (overvalued). Cautious scenario 14.30 TWD, optimistic scenario 23.83 TWD. The calculation is refreshed regularly with new filings.
What is the revenue of ASolid Technology Co Ltd (6485)?
ASolid Technology Co Ltd reported trailing-twelve-month revenue of about 1.4B TWD (latest available figure, as of Nov 4, 2026).
Does ASolid Technology Co Ltd pay a dividend?
ASolid Technology Co Ltd currently shows a dividend yield of 0.83% relative to its recent price (as of Nov 4, 2026).
How much is the dividend of ASolid Technology Co Ltd (6485) and when is the ex-dividend date?
ASolid Technology Co Ltd pays a dividend of 0.5 TWD per share a year, a dividend yield of 0.8%. The last ex-dividend date was Aug 13, 2026. A dividend has been paid every year since 2020. The payout ratio is 73.4% of earnings. Free cash flow covers the dividend 12.65 times. Our assessment: Sustainable. Payout and cash coverage both look sustainable.
What growth is priced into ASolid Technology Co Ltd (6485)?
For today's price to be fair in a discounted-cash-flow model, ASolid Technology Co Ltd would have to grow free cash flow by +0.3 % per year for five years (discount rate 15.1 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +9.4 % per year. Calculated on free cash flow for fiscal year 2025. Over the last twelve months it was negative, so the figure above is uncertain. As of Nov 4, 2026.
What discount rate (WACC) does the fair value of 6485 use?
Our models discount ASolid Technology Co Ltd at 15.1 %: a base by market capitalisation (micro), damped by beta 1.56, 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 ASolid Technology Co Ltd that is +0.3 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (15.1 %) and the same formula as our fair value.
How much growth has ASolid Technology Co Ltd (6485) delivered so far?
Over the past 5 years revenue at ASolid Technology Co Ltd grew +9.4 % a year. The price currently implies free-cash-flow growth of +0.3 % per 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 ASolid Technology Co Ltd (6485) growing?
The median revenue growth in the sector is +11.5 % a year. That is the yardstick for the growth priced into ASolid Technology Co Ltd (+0.3 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of ASolid Technology Co Ltd (6485)?
The free-cash-flow yield on the price is 10.96 % in the last fiscal year (free cash flow was negative over the last twelve months): that much free cash flow ASolid Technology Co Ltd produces per unit of market value. When it exceeds the discount rate of our models (15.1 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of ASolid Technology Co Ltd (6485)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For ASolid Technology Co Ltd it is 19.06 TWD per share (as of Nov 4, 2026), against a price of 60.40 TWD. It is the blended result of 24 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is ASolid Technology Co Ltd stock overvalued or undervalued in 2026?
As of Nov 4, 2026, 6485 trades above its calculated fair value: price 60.40 TWD, fair value 19.06 TWD, a gap of about −68% (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 6485?
No. The price is what the market pays today (60.40 TWD); the fair value is what the company's own numbers justify (19.06 TWD). For ASolid Technology Co Ltd the two are 41.34 TWD per share apart. That gap is exactly why we show both numbers side by side.
How much is ASolid Technology Co Ltd worth?
The market values ASolid Technology Co Ltd at about 2.9B TWD (market capitalisation, as of Nov 4, 2026). Per share that is 60.40 TWD; our models calculate a fair value of 19.06 TWD per share.
What do the bullish and bearish scenarios say about 6485?
Our models span a range for ASolid Technology Co Ltd: cautious scenario 14.30 TWD, base 19.06 TWD, optimistic 23.83 TWD per share (as of Nov 4, 2026, price 60.40 TWD). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of ASolid Technology Co Ltd (6485)?
Balance-sheet figures for ASolid Technology Co Ltd (as of Nov 4, 2026): return on equity −0.8%. They feed the Quality Score of 72/100, which measures business quality independently of the share price.
How far is 6485 from its 52-week high?
ASolid Technology Co Ltd trades at 60.40 TWD, about 51% below its 52-week high of 124.50 TWD and 5% above the low of 57.30 TWD (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 19.06 TWD is for.
Which stocks are comparable to ASolid Technology Co Ltd?
From the same area (Technology) we also value Dell Technologies Inc, Arista Networks, Inc, Sandisk Corporation, Seagate Technology Holdings, 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 ASolid Technology Co Ltd stock attractive at the current price?
The data as of Nov 4, 2026: price 60.40 TWD, calculated fair value 19.06 TWD (−68%), Quality Score 72/100, from 24 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 6485 calculated?
We run ASolid Technology Co Ltd through 24 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of 19.06 TWD builds on their evidence-weighted average, 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 13.3% above its aggregate fair value. ASolid Technology 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 ASolid Technology Co Ltd (6485)?
The closing price on Nov 6, 2026 was 60.40 TWD. Our model-based fair value is 19.06 TWD, about 68% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with ASolid Technology Co Ltd right now?
The price sits above even our optimistic bull case (23.83 TWD). The favourable scenario is already priced in. Solid but not exceptional quality (72/100) and above fair value, neither a clear bargain nor a standout compounder.
Key figures of ASolid Technology Co Ltd
How large is the market capitalisation of ASolid Technology Co Ltd (6485)?
The market capitalisation of ASolid Technology Co Ltd is 2.9B TWD (≈ $87.1M). 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 ASolid Technology Co Ltd (6485)?
The price-to-sales ratio of ASolid Technology Co Ltd is 2.50 (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 ASolid Technology Co Ltd (6485)?
Earnings per share at ASolid Technology Co Ltd are −0.3000 TWD. Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of ASolid Technology Co Ltd (6485)?
The dividend yield of ASolid Technology Co Ltd is 0.8%. 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 ASolid Technology Co Ltd (6485)?
The net margin of ASolid Technology Co Ltd is −1.0% (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 ASolid Technology Co Ltd (6485)?
The return on equity (ROE) of ASolid Technology Co Ltd is −0.8% (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 ASolid Technology Co Ltd (6485)?
On an EBIT basis the return on assets of ASolid Technology Co Ltd is 10.5% (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 ASolid Technology Co Ltd (6485)?
The operating margin of ASolid Technology Co Ltd is −16.9% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at ASolid Technology Co Ltd (6485)?
Revenue at ASolid Technology Co Ltd is growing −11.3% versus a year earlier (3y avg −8.4%). 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 ASolid Technology Co Ltd (6485) hold?
ASolid Technology Co Ltd holds more cash than debt, 528M TWD net (fiscal year 2023). The company holds more cash than debt, a safety cushion.
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Some data
Nov 4, 2026