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Mikobeaute International Co (6574) Fair Value & Analysis

Consumer Defensive · TW · Market cap 2.8B TWD

MI Mikobeaute International Co 6574 · TWO
Price154.00 TWD
Fair Value76.48 TWD
Upside-50.3%
Quality63/100
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Weak Growth
Highly profitable · 29.0% net margin
generates free cash flow
2.36% dividend yield
Mixed vs. peers (6/13)
Wide moat 87/100
Evidence: High Range 67.41 TWD – 134.35 TWD Share as image

Fair value as of: Jul 23, 2026

From 22 valuation models · updated 18 days ago

Share price +16.2% over the past month.

A solid business, but screening 50% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (134.35 TWD). The favourable scenario is already priced in.
  • Solid but not exceptional quality (63/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (67.41 TWD to 134.35 TWD) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

154.00 TWD 38.09 TWD Fair Value 76.48 TWD Feb 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 38.09 TWD – 154.00 TWD · fair‑value band 67.41 TWD – 134.35 TWD · the 154.00 TWD price screens above the 76.48 TWD fair value. Dashed = 300-day average. As of Jul 23, 2026.

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Analysis

Mikobeaute International Co (6574) currently trades at 154.00 TWD, while our model-based Fair Value estimate is 76.48 TWD, implying the stock looks roughly 50.3% overvalued today. The Quality Score stands at 63/100 (solid quality), in the Consumer Defensive 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, Mikobeaute International Co generated revenue of 666M TWD at a net margin of 29.0%. Revenue grew 29.5% year over year. It earns a return on equity of 24.9%. The stock trades on a trailing P/E of 17.2. Fundamentals as of Jul 23, 2026

Our scenario range runs from 67.41 TWD (bear case) to 134.35 TWD (bull case); at 154.00 TWD, the current price sits above 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 148% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Defensive peers we cover trades at -26% fair-value upside, at -50%, 6574 screens richer 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 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
Residual Income 43.24 TWD 56.75 TWD 164.35 TWD 76
Growth DCF 22.34 TWD 26.52 TWD 33.44 TWD 72
Growth-Adj P/E 72.34 TWD 103.35 TWD 134.35 TWD 68
All 22 models by family
DCF Models
FCF DCF 21.84 TWD 26.17 TWD 33.96 TWD 38
Owner Earnings 48.21 TWD 62.20 TWD 87.30 TWD 31
5Y Revenue Exit 41.97 TWD 62.22 TWD 91.76 TWD 39
5Y EBITDA Exit 71.01 TWD 112.48 TWD 167.39 TWD 41
5Y P/E Exit 67.30 TWD 106.06 TWD 152.12 TWD 38
10Y Revenue Exit 32.45 TWD 46.54 TWD 62.14 TWD 36
10Y EBITDA Exit 50.93 TWD 76.91 TWD 105.53 TWD 37
10Y P/E Exit 48.73 TWD 73.03 TWD 96.77 TWD 35
Earnings-Based
Graham-Dodd 46.36 TWD 56.66 TWD 63.74 TWD 54
EPV 67.41 TWD 76.48 TWD 84.30 TWD 59
Multiples
P/E Multiple 102.26 TWD 136.34 TWD 170.43 TWD 63
P/S Multiple 53.01 TWD 70.68 TWD 88.35 TWD 58
P/B Multiple 86.92 TWD 115.89 TWD 144.87 TWD 55
EV/EBIT 117.94 TWD 153.92 TWD 189.91 TWD 53
EV/EBITDA 119.45 TWD 155.94 TWD 192.43 TWD 54
EV/Revenue 59.45 TWD 80.66 TWD 101.86 TWD 43
Asset-Based
NCAV (Graham) 20.29 TWD 27.19 TWD 40.58 TWD 50
Growth DCF
Growth DCF 22.34 TWD 26.52 TWD 33.44 TWD 72
Rev-Margin DCF 41.97 TWD 62.51 TWD 87.10 TWD 67
Economic Profit
Residual Income 43.24 TWD 56.75 TWD 164.35 TWD 76
ROIC Compounder 67.41 TWD 78.84 TWD 90.30 TWD 67
Growth Earnings
Growth-Adj P/E 72.34 TWD 103.35 TWD 134.35 TWD 68

Widest divergence: Multiples (115.89 TWD) versus Growth DCF (26.52 TWD). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 666M TWD
Revenue growth (YoY) +29.5%
Net margin 29.0%
Return on equity 24.9%
Free cash flow 28.2M TWD FY2025
P/E ratio 18.9
More key figures
Operating margin 42.8%
EPS (TTM) 6.79 TWD
Dividend yield 2.4%
EPS growth (YoY) +147%

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

Quality Score breakdown

Overall quality 63/100

Of which business quality 60 · Market factors (momentum, volatility) 86

Profitability 67
Margins and returns on capital today
Quality Growth 29
Are margins and returns improving?
Cashflow 39
Earnings quality: real cash, not paper profit
Fin. Strength 93
Balance sheet, leverage, solvency risk
Investment 39
Disciplined investing over empire-building
Low Volatility 53
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 82
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

Mikobeaute International Co., Ltd. engages in the wholesale and retail of cosmetics in Taiwan. The company sells its products under the EDN, NU+ derma, L'HERBOFLORE, and MIKOBEAUTÉ SPA brands. Mikobeaute International Co., Ltd. was incorporated in 2002 and is based in Taipei, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Mikobeaute International Co reported revenue of 622M TWD in FY2025 versus 648M TWD in FY2021, a compound −1.0%/yr. Reported net income was 150M TWD in FY2025, compounding +81.5%/yr from FY2021.

Growth Quality 36/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
622M TWD
Latest YoY
+6.5%
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.
−3.0%
Revenue −1.0%/yr
FY21 648M TWD
FY22 681M TWD
FY23 620M TWD
FY24 584M TWD
FY25 622M TWD
Net income +81.5%/yr
FY21 13.8M TWD
FY22 68.0M TWD
FY23 46.5M TWD
FY24 90.3M TWD
FY25 150M TWD

6574 screens 50% overvalued. Compare with The Procter & Gamble Company →

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Cite: Fair Value Calculator (2026). "Mikobeaute International Co Fair Value". https://www.fairvalue-calculator.com/stock/6574

Peer Group

Household & Personal Products · 244 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 63 · Above median
Fair Value upside −50% · Bottom 25%
Return on equity (TTM) 25% · Top 25%
Return on assets 13% · Top 25%
Net margin (TTM) 29% · Top 25%
Operating margin (TTM) 43% · Top 25%
Revenue growth 30% · Top 25%
Dividend yield (TTM) 2.4% · Below median

Valuation Multiples vs Household & Personal Products median · lower = cheaper

P/E (TTM) 18.9× · Pricier than median
P/B 3.15× · Pricier than 75% of peers
P/S (TTM) 4.23× · Pricier than 75% of peers
P/FCF 3.1× · Pricier than median
EV/EBITDA 10.2× · Pricier 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 0 · sector 28
FUTURE 100 · sector 4
PAST 100 · sector 26
HEALTH 0 · sector 98
DIVIDEND 47 · sector 50

VALUE 0: the price sits above our fair-value range.

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 Household & Personal Products stocks, each showing price versus our Fair Value estimate (as of Jul 23, 2026).

Stock Price Fair Value vs Fair Value
The Procter & Gamble Company PG $146.80 $108.16 -26%
Unilever PLC ULN 1,080 MXN 1,273 MXN +18%
Hindustan Unilever Limited HINDUNILVR ₹2,144 ₹1,000 -53%
Essity AB ESSITYA kr 279.00 kr 250.02 -10%
Godrej Consumer Products Limited GODREJCP ₹1,088 ₹367.64 -66%
Marico Limited MARICO ₹846.75 ₹233.05 -72%
APR Co 278470 375,000 KRW 151,222 KRW -60%
Dabur India Limited DABUR ₹429.45 ₹181.60 -58%
Kimberly-Clark de México, S. A. B. de C. V., KIMBERA 38.07 MXN 50.09 MXN +32%
PT Unilever Indonesia Tbk UNVR 1,730 IDR 1,934 IDR +12%

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Frequently asked questions

Is Mikobeaute International Co (6574) overvalued or undervalued?
As of Jul 23, 2026, our model estimates a fair value of 76.48 TWD versus a price of 154.00 TWD, about −50% (overvalued).
What is the fair value of 6574?
Our model-based fair value for Mikobeaute International Co is 76.48 TWD (as of Jul 23, 2026), built from audited fundamentals. The current price is 154.00 TWD.
What is the quality score of 6574?
Mikobeaute International Co has a Quality Score of 63/100. 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 Mikobeaute International Co (6574)?
Mikobeaute International Co reported trailing-twelve-month revenue of about 666M TWD (latest available figure, as of Jul 23, 2026).
What is the net profit margin of 6574?
The net profit margin of Mikobeaute International Co is about 29.0%, meaning it keeps roughly 29.0% of revenue as net income. Based on the latest reported figures.
Does Mikobeaute International Co pay a dividend?
Mikobeaute International Co currently shows a dividend yield of about 2.51% 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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