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Flight International Co (6798) Fair Value & Analysis

Communication Services · TW · Market cap 1.1B TWD

FI Flight International Co 6798 · TWO
Price56.20 TWD
Fair Value16.88 TWD
Upside-70.0%
Quality56/100
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Healthy Growth
Thin margins · 0.0% net margin
Low debt · generates free cash flow
Trails peers (4/12)
Moderate moat 49/100
Evidence: High Range 12.66 TWD – 21.10 TWD Share as image

Fair value as of: Jul 21, 2026

From 26 valuation models · updated 20 days ago

Share price +1.1% over the past month.

A solid business, but screening 70% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (21.10 TWD). The favourable scenario is already priced in.
  • Solid but not exceptional quality (56/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (3 years)

69.41 TWD 21.96 TWD Fair Value 16.88 TWD Apr 2023 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 21, 2026.

How to read this chart

39‑month range 21.96 TWD – 69.41 TWD · fair‑value band 12.66 TWD – 21.10 TWD · the 56.20 TWD price screens above the 16.88 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 21, 2026.

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Analysis

Flight International Co (6798) currently trades at 56.20 TWD, while our model-based Fair Value estimate is 16.88 TWD, implying the stock looks roughly 70.0% overvalued today. The Quality Score stands at 56/100 (solid quality), in the Communication Services 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).

The balance sheet holds a net cash position of 109M TWD. The stock trades on a trailing P/E of 65.6. Fundamentals as of Jul 21, 2026

Our scenario range runs from 12.66 TWD (bear case) to 21.10 TWD (bull case); at 56.20 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 86% above its 52-week low, currently above its 200-day average. For context, the median of 10 Communication Services peers we cover trades at -1% fair-value upside, at -70%, 6798 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
Growth DCF 20.04 TWD 28.25 TWD 39.62 TWD 80
Residual Income 11.37 TWD 11.35 TWD 10.18 TWD 76
Rev-Margin DCF 15.43 TWD 21.28 TWD 28.59 TWD 74
All 26 models by family
DCF Models
FCF DCF 20.16 TWD 29.23 TWD 42.46 TWD 38
Owner Earnings 19.51 TWD 28.20 TWD 40.88 TWD 31
5Y Revenue Exit 15.43 TWD 21.20 TWD 28.61 TWD 39
5Y EBITDA Exit 20.77 TWD 31.84 TWD 45.27 TWD 41
5Y P/E Exit 17.61 TWD 25.55 TWD 34.23 TWD 38
10Y Revenue Exit 16.90 TWD 22.57 TWD 30.43 TWD 36
10Y EBITDA Exit 20.32 TWD 29.55 TWD 42.75 TWD 37
10Y P/E Exit 18.43 TWD 25.42 TWD 34.59 TWD 35
Earnings-Based
Graham-Dodd 5.22 TWD 21.38 TWD 29.11 TWD 54
Lynch FV 5.37 TWD 7.67 TWD 9.97 TWD 50
PEG = 1.0 5.37 TWD 7.67 TWD 9.97 TWD 46
EPV 9.67 TWD 10.35 TWD 10.93 TWD 59
Dividend Discount
Gordon GGM 3.80 TWD 6.85 TWD 9.43 TWD 70
DDM Multi-Stage 3.80 TWD 6.25 TWD 7.31 TWD 61
Multiples
P/E Multiple 12.66 TWD 16.88 TWD 21.10 TWD 63
P/S Multiple 9.78 TWD 13.04 TWD 16.30 TWD 58
P/B Multiple 9.78 TWD 13.04 TWD 16.30 TWD 55
EV/EBIT 15.40 TWD 18.99 TWD 22.57 TWD 53
EV/EBITDA 22.96 TWD 29.07 TWD 35.18 TWD 54
EV/Revenue 12.80 TWD 16.30 TWD 19.79 TWD 43
Asset-Based
NCAV (Graham) 7.84 TWD 10.51 TWD 15.68 TWD 50
Growth DCF
Growth DCF 20.04 TWD 28.25 TWD 39.62 TWD 80
Rev-Margin DCF 15.43 TWD 21.28 TWD 28.59 TWD 74
Economic Profit
Residual Income 11.37 TWD 11.35 TWD 10.18 TWD 76
ROIC Compounder 9.67 TWD 10.35 TWD 10.93 TWD 72
Growth Earnings
Growth-Adj P/E 9.54 TWD 13.62 TWD 17.71 TWD 68

Widest divergence: DCF Models (25.55 TWD) versus Dividend Discount (6.25 TWD). Highest evidence: Growth DCF (80).

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Key figures & financial health

Free cash flow 30.0M TWD FY2025
P/E ratio 75.7
EPS (TTM) 0.7700 TWD
Net cash 109M TWD FY2024

Figures from reported company fundamentals · as of Jul 21, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 56/100

Of which business quality 57 · Market factors (momentum, volatility) 72

Profitability 43
Margins and returns on capital today
Quality Growth 32
Are margins and returns improving?
Cashflow 58
Earnings quality: real cash, not paper profit
Fin. Strength 87
Balance sheet, leverage, solvency risk
Investment 62
Disciplined investing over empire-building
Low Volatility 36
Calm price path (market factor)
Momentum 83
Price trend over the last 3–12 months (market factor)
52W Momentum 95
Distance to the 52-week high (market factor)
Net Issuance 56
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

Flight International Co., Ltd. engages in brand marketing, sports events, and talent presentation businesses. The company is based in Taipei, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Flight International Co reported revenue of 722M TWD in FY2025 versus 340M TWD in FY2021, a compound +20.8%/yr. Reported net income was 15.0M TWD in FY2025.

Growth Quality 85/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
722M TWD
Latest YoY
+4.3%
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.
+12.6%
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.
+16.2%
Avg. growth/yr (6Y) 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.
+7.1%
Revenue +20.8%/yr
FY21 340M TWD
FY22 506M TWD
FY23 777M TWD
FY24 693M TWD
FY25 722M TWD
Net income
FY21 −24.4M TWD
FY22 −11.0M TWD
FY23 20.3M TWD
FY24 10.0M TWD
FY25 15.0M TWD

6798 screens 70% overvalued. Compare with AppLovin Corporation →

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Cite: Fair Value Calculator (2026). "Flight International Co Fair Value". https://www.fairvalue-calculator.com/stock/6798

Peer Group

Advertising Agencies · 199 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 56 · Above median
Fair Value upside −70% · Bottom 25%
Return on assets 0% · Below median
Net margin (TTM) 0% · Below median
Operating margin (TTM) 0% · Below median
Revenue growth 0% · Below median
Dividend yield (TTM) 0.0% · Bottom 25%

Valuation Multiples vs Advertising Agencies median · lower = cheaper

P/E (TTM) 75.7× · Pricier than 75% of peers
P/B 0.12× · Cheaper than 75% of peers
P/FCF 1.2× · Cheaper 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 19
FUTURE 0 · sector 8
PAST 0 · sector 7
HEALTH 100 · sector 98
DIVIDEND 0 · sector 66

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 Advertising Agencies stocks, each showing price versus our Fair Value estimate (as of Jul 21, 2026).

Stock Price Fair Value vs Fair Value
AppLovin Corporation APP $506.98 $181.37 -64%
Publicis Groupe S.A PUB €87.16 €146.36 +68%
Omnicom Group OMC $80.75 $99.84 +24%
Focus Media Information Technology Co 002027 ¥5.00 ¥4.08 -18%
The Trade Desk, Inc TTD $19.37 $20.76 +7%
BlueFocus Intelligent Communications Group 300058 ¥13.81 ¥1.50 -89%
JCDecaux SE DEC €21.28 €20.99 -1%
WPP plc WPP $18.13 $18.56 +2%
Easy Click Worldwide Network Technology Co 301171 ¥28.85 ¥5.62 -81%
Mobvista Inc 1860 HK$11.15 HK$6.43 -42%

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Frequently asked questions

Is Flight International Co (6798) overvalued or undervalued?
As of Jul 21, 2026, our model estimates a fair value of 16.88 TWD versus a price of 56.20 TWD, about −70% (overvalued).
What is the fair value of 6798?
Our model-based fair value for Flight International Co is 16.88 TWD (as of Jul 21, 2026), built from audited fundamentals. The current price is 56.20 TWD.
What is the quality score of 6798?
Flight International Co has a Quality Score of 56/100. 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 net profit margin of 6798?
The net profit margin of Flight International Co is about 0.0%, meaning it keeps roughly 0.0% of revenue as net income. 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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