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Taiwan Auto-Design Co (6791) Fair Value & Analysis

Technology · TW · Market cap 2.2B TWD

TA Taiwan Auto-Design Co 6791 · TWO
Price102.50 TWD
Fair Value104.12 TWD
Upside+1.6%
Quality74/100
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Mixed Growth
Solidly profitable · 12.3% net margin
Low debt · generates free cash flow
3.35% dividend yield
Ranks above peers (10/14)
Moderate moat 62/100
Evidence: Medium Range 59.18 TWD – 133.21 TWD Share as image

Fair value as of: Jul 23, 2026

From 24 valuation models · updated 18 days ago

Share price −5.5% over the past month.

A solid 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 (59.18 TWD to 133.21 TWD) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

164.87 TWD 40.41 TWD Fair Value 104.12 TWD May 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 40.41 TWD – 164.87 TWD · fair‑value band 59.18 TWD – 133.21 TWD · the 102.50 TWD price screens below the 104.12 TWD fair value. Dashed = 300-day average. As of Jul 23, 2026.

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Analysis

Taiwan Auto-Design Co (6791) currently trades at 102.50 TWD, while our model-based Fair Value estimate is 104.12 TWD, implying the stock looks roughly 1.6% fairly valued today. The Quality Score stands at 74/100 (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, Taiwan Auto-Design Co generated revenue of 826M TWD at a net margin of 12.3%. Revenue grew 11.3% year over year. It earns a return on equity of 21.5%. The stock trades on a trailing P/E of 24.6. Fundamentals as of Jul 23, 2026

Our scenario range runs from 59.18 TWD (bear case) to 133.21 TWD (bull case); at 102.50 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 32% below its 52-week high and 11% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -50% fair-value upside, at 2%, 6791 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 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 40.86 TWD 60.71 TWD 94.04 TWD 80
Residual Income 26.36 TWD 34.77 TWD 111.90 TWD 76
Rev-Margin DCF 48.81 TWD 77.79 TWD 116.96 TWD 74
All 24 models by family
DCF Models
FCF DCF 41.39 TWD 64.18 TWD 104.56 TWD 38
Owner Earnings 76.92 TWD 131.32 TWD 227.72 TWD 31
5Y Revenue Exit 48.81 TWD 79.10 TWD 121.92 TWD 39
5Y EBITDA Exit 68.71 TWD 121.87 TWD 191.70 TWD 41
5Y P/E Exit 79.49 TWD 145.04 TWD 223.78 TWD 38
10Y Revenue Exit 44.80 TWD 72.74 TWD 118.89 TWD 36
10Y EBITDA Exit 59.18 TWD 104.12 TWD 178.38 TWD 37
10Y P/E Exit 66.29 TWD 121.12 TWD 205.73 TWD 35
Earnings-Based
Graham-Dodd 28.32 TWD 150.82 TWD 208.89 TWD 54
Lynch FV 41.60 TWD 59.43 TWD 77.25 TWD 50
PEG = 1.0 41.60 TWD 59.43 TWD 77.25 TWD 46
EPV 44.58 TWD 49.13 TWD 53.05 TWD 59
Multiples
P/E Multiple 87.45 TWD 116.60 TWD 145.75 TWD 63
P/S Multiple 53.10 TWD 70.79 TWD 88.49 TWD 58
P/B Multiple 53.10 TWD 70.79 TWD 88.49 TWD 55
EV/EBIT 87.96 TWD 112.01 TWD 136.07 TWD 53
EV/EBITDA 86.24 TWD 109.73 TWD 133.21 TWD 54
EV/Revenue 52.27 TWD 67.91 TWD 83.54 TWD 43
Asset-Based
NCAV (Graham) 11.71 TWD 15.69 TWD 23.42 TWD 50
Growth DCF
Growth DCF 40.86 TWD 60.71 TWD 94.04 TWD 80
Rev-Margin DCF 48.81 TWD 77.79 TWD 116.96 TWD 74
Economic Profit
Residual Income 26.36 TWD 34.77 TWD 111.90 TWD 76
ROIC Compounder 48.08 TWD 57.53 TWD 68.80 TWD 72
Growth Earnings
Growth-Adj P/E 71.92 TWD 102.74 TWD 133.56 TWD 68

Widest divergence: DCF Models (104.12 TWD) versus Asset-Based (15.69 TWD). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 826M TWD
Revenue growth (YoY) +11.3%
Net margin 12.3%
Return on equity 21.5%
Free cash flow 41.2M TWD FY2025
P/E ratio 25.4
More key figures
Operating margin 15.4%
EPS (TTM) 4.16 TWD
Dividend yield 3.4%
EPS growth (YoY) +78.8%

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

Quality Score breakdown

Overall quality 74/100

Of which business quality 71 · Market factors (momentum, volatility) 40

Profitability 63
Margins and returns on capital today
Quality Growth 76
Are margins and returns improving?
Cashflow 36
Earnings quality: real cash, not paper profit
Fin. Strength 96
Balance sheet, leverage, solvency risk
Investment 84
Disciplined investing over empire-building
Low Volatility 62
Calm price path (market factor)
Momentum 33
Price trend over the last 3–12 months (market factor)
52W Momentum 27
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

Taiwan Auto-Design Co. provides system solution services in Taiwan. It offers Ansys software for structure and fluid simulation, electronic and motor design, 3D design, material management, system design, optimization platform, and optics and virtual reality simulation; and cloud business system solution.

Full company description

Taiwan Auto-Design Co. provides system solution services in Taiwan. It offers Ansys software for structure and fluid simulation, electronic and motor design, 3D design, material management, system design, optimization platform, and optics and virtual reality simulation; and cloud business system solution. The company also provides professional application simulation software for mechanism and system motion analysis, chemical process and system thermodynamics, material engineering and scientific application, calculation of plasma and rare gas reaction, and other applications; and enterprise e-software. In addition, it offers measurement equipment, computing integration platform services, industry and intelligent transformation products, system integration, and minitab statistical analysis software. Taiwan Auto-Design Co. was founded in 1970 and is headquartered in New Taipei City, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Taiwan Auto-Design Co reported revenue of 806M TWD in FY2025 versus 472M TWD in FY2021, a compound +14.3%/yr. Reported net income was 86.8M TWD in FY2025, compounding +5.2%/yr from FY2021.

Growth Quality 86/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
806M TWD
Latest YoY
+19.3%
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.
+14.6%
Revenue +14.3%/yr
FY21 472M TWD
FY22 536M TWD
FY23 602M TWD
FY24 676M TWD
FY25 806M TWD
Net income +5.2%/yr
FY21 70.8M TWD
FY22 72.5M TWD
FY23 80.6M TWD
FY24 86.8M TWD
FY25 86.8M TWD

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Cite: Fair Value Calculator (2026). "Taiwan Auto-Design Co Fair Value". https://www.fairvalue-calculator.com/stock/6791

Peer Group

Software - Infrastructure · 370 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 74 · Top 25%
Fair Value upside +2% · Above median
Return on equity (TTM) 21% · Top 25%
Return on assets 6% · Top 25%
Net margin (TTM) 12% · Above median
Operating margin (TTM) 15% · Top 25%
Revenue growth 11% · Above median
Dividend yield (TTM) 3.4% · Above median

Valuation Multiples vs Software - Infrastructure median · lower = cheaper

P/E (TTM) 25.4× · Pricier than median
P/B 4.50× · Pricier than median
P/S (TTM) 2.66× · Pricier than median
P/FCF 1.7× · Cheaper than median
EV/EBITDA 18.7× · 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 35 · sector 0
FUTURE 57 · sector 46
PAST 86 · sector 15
HEALTH 100 · sector 98
DIVIDEND 67 · sector 28

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 Software - Infrastructure stocks, each showing price versus our Fair Value estimate (as of Jul 23, 2026).

Stock Price Fair Value vs Fair Value
Microsoft Corporation MSFT $384.00 $274.17 -29%
Oracle Corporation ORAC C$9.08 C$2.94 -68%
Fortinet, Inc FTNT $160.78 $44.96 -72%
Synopsys, Inc 1SNPS €354.50 €93.61 -74%
Block, Inc XYZ A$114.53 A$70.69 -38%
CoreWeave, Inc CRWV $79.94 $44.89 -44%
Range Intelligent Computing Technology Group 300442 ¥71.60 ¥34.00 -53%
Oracle Financial Services Software Limited OFSS ₹11,651 ₹5,821 -50%
360 Security Technology Inc 601360 ¥9.64 ¥5.05 -48%
One97 Communications Limited PAYTM ₹1,342 ₹181.50 -86%

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Frequently asked questions

Is Taiwan Auto-Design Co (6791) overvalued or undervalued?
As of Jul 23, 2026, our model estimates a fair value of 104.12 TWD versus a price of 102.50 TWD, about +2% (fairly valued).
What is the fair value of 6791?
Our model-based fair value for Taiwan Auto-Design Co is 104.12 TWD (as of Jul 23, 2026), built from audited fundamentals. The current price is 102.50 TWD.
What is the quality score of 6791?
Taiwan Auto-Design Co has a Quality Score of 74/100. 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 Taiwan Auto-Design Co (6791)?
Taiwan Auto-Design Co reported trailing-twelve-month revenue of about 826M TWD (latest available figure, as of Jul 23, 2026).
What is the net profit margin of 6791?
The net profit margin of Taiwan Auto-Design Co is about 12.3%, meaning it keeps roughly 12.3% of revenue as net income. Based on the latest reported figures.
Does Taiwan Auto-Design Co pay a dividend?
Taiwan Auto-Design Co currently shows a dividend yield of about 3.41% 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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