Qbic Technology Co., Ltd. (6825) fair value: what the stock is really worth
As of Nov 11, 2026: fair value (intrinsic value) of Qbic Technology Co., Ltd. stock TWD 54.44, price TWD 21.35, upside +155.0%, quality 56 out of 100. Rating: strongly undervalued. Calculated from audited financials with 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 9, 2026.
How to read this chart
60‑month range 13.10 TWD – 41.80 TWD · fair‑value band 30.28 TWD – 85.84 TWD · the 21.35 TWD price screens below the 54.44 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 9, 2026.
Follow Qbic Technology Co. in your weekly email
Every Wednesday you see whether Qbic Technology Co. is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Qbic Technology Co., Ltd. develops and sells commercial and industrial grade devices in Taiwan.
Show moreShow less
The company provides smart panel-PCs, embedded and fanless ARM box-PCs, fanless AI edge computers, embedded and fanless x86 box-PCs, single board computers, OQupancy manager devices, kiosks, and accessories It offers devices for facility management, embedded computing, retail and hospitality solution, interactive smart technology, and design and manufacturing.
The company is headquartered in New Taipei City, Taiwan.
Stock analysis
Qbic Technology Co., Ltd. (6825) currently trades at 21.35 TWD, while our model-based Fair Value estimate is 54.44 TWD, implying the stock looks roughly 61% undervalued today.
Show more
Valuation
Bull case: the Growth Earnings group reads highest at a median of 94.26 TWD per share, and 22 of the 26 models we run sit above the 21.35 TWD price.
Bear case: the Asset-Based group reads lowest at 14.19 TWD, and 4 of the 26 models stay below the price. Data coverage for this calculation is low.
Scenario range: 30.28 TWD (bear) to 85.84 TWD (bull), the price of 21.35 TWD sits below 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 56/100 (solid quality), in the Technology sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Qbic Technology Co., Ltd. reported revenue of 786M TWD in FY2025 versus 200M TWD in FY2021, a compound +40.7%/yr. Reported net income was 80.0M TWD in FY2025, compounding +75.7%/yr from FY2021.
Key figures
Market cap 840M TWD (≈ $25.5M) Micro · P/E ratio 9.5 · P/S ratio 1.16 · EPS (TTM) 2.24 TWD · Dividend yield 1.8% · Net margin 11.2% · Return on equity 16.6% · Return on assets (EBIT) 6.5% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 55 out of 100 (low confidence).
What moves the price
The share trades about 49% below its 52-week high and 4% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Technology peers we cover trades at −19% fair-value upside, at 155%, 6825 screens cheaper than that median.
Fair Value models
Bear30.28 TWDFair Value 54.44 TWDBull85.84 TWD
Price 21.35 TWD · Upside +155.0%
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 (1.61 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.
Best data coverage
FCF DCF45.50 TWD67.09 TWD135.58 TWD74
Residual Income14.71 TWD18.75 TWD30.17 TWD74
Growth DCF43.23 TWD77.94 TWD134.62 TWD73
All 26 models by family
DCF Models
FCF DCF45.50 TWD67.09 TWD135.58 TWD74
Owner Earnings37.08 TWD74.54 TWD152.68 TWD69
5Y Revenue Exit34.33 TWD52.93 TWD91.77 TWD68
5Y EBITDA Exit46.59 TWD77.72 TWD138.80 TWD70
5Y P/E Exit50.09 TWD104.37 TWD178.63 TWD65
10Y Revenue Exit37.16 TWD70.21 TWD90.48 TWD64
10Y EBITDA Exit46.98 TWD96.51 TWD183.20 TWD62
10Y P/E Exit49.53 TWD104.02 TWD194.25 TWD58
Earnings-Based
Graham-Dodd13.83 TWD96.43 TWD135.32 TWD63
Lynch FV44.71 TWD63.88 TWD83.04 TWD61
PEG = 1.044.71 TWD63.88 TWD83.04 TWD57
EPV26.45 TWD29.58 TWD32.32 TWD70
Dividend Discount
Gordon GGM0.7800 TWD1.61 TWD2.54 TWD66
DDM Multi-Stage0.7800 TWD1.37 TWD1.69 TWD67
Multiples
P/E Multiple42.70 TWD56.93 TWD71.17 TWD63
P/S Multiple25.93 TWD34.57 TWD43.21 TWD58
P/B Multiple68.48 TWD91.30 TWD114.13 TWD55
EV/EBIT40.63 TWD54.02 TWD67.41 TWD63
EV/EBITDA38.51 TWD51.20 TWD63.88 TWD64
EV/Revenue20.77 TWD29.47 TWD38.18 TWD51
Asset-Based
NCAV (Graham)9.36 TWD14.19 TWD17.73 TWD52
Growth DCF
Growth DCF43.23 TWD77.94 TWD134.62 TWD73
Rev-Margin DCF36.37 TWD59.49 TWD106.49 TWD67
Economic Profit
Residual Income14.71 TWD18.75 TWD30.17 TWD74
ROIC Compounder33.49 TWD49.72 TWD62.28 TWD70
Growth Earnings
Growth-Adj P/E65.98 TWD94.26 TWD122.54 TWD67
The fair value above starts from this blend and is adjusted for dilution from new shares.
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.100/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+26.1%
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.
+39.8%
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.
+34.9%
Start year 2020 (pandemic)
Revenue growth 6 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.
+27.0%
’19
’20
’21
’22
’23
’24
’25
What shareholders gained per year (last 5 years), in TWD (mathematically smoothed) ⓘ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. Smoothed = median of all growth paths between the years of the window (trend line on the logarithm of earnings per share): a single extreme year cannot distort the rate. The reported figure stays in the tooltip. 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.
+53.4%
Earnings growth per share plus dividend.
Earnings per share, growth per year+51.6%
Dividend (yield on the price)1.8%
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.3% → 11%
2025 sits 267% above its own trend. The rate follows the median trend of the last 5 years, not that single year.
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).
−10.9%
The company could shrink this much every year for the next five years and today's price would still be justified.
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 −12.3% a year for the price.
Compare Qbic Technology Co., Ltd. with another stock
Price, fair value, quality and upside side by side.
Free, no sign-up
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 · 230 stocks
Beats the industry median on 11/13 measures
Overall it ranks above its industry peers.
Valuation
Quality Score56 · Above median
Fair Value upside+155.0% · Top 25%
Profitability
Return on equity (12 months)16.6% · Above median
Return on assets11.1% · Top 25%
Net margin (12 months)11.2% · Top 25%
Operating margin (12 months)4.9% · Above median
Growth and dividend
Revenue growth (quarter YoY)−45.5% · Bottom 25%
Dividend yield (12 months)1.8% · 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.
Is Qbic Technology Co., Ltd. (6825) overvalued or undervalued?
As of Nov 9, 2026, our model estimates a fair value of 54.44 TWD versus a price of 21.35 TWD, about +155% upside (undervalued).
What is the fair value of 6825?
Our model-based fair value for Qbic Technology Co., Ltd. is 54.44 TWD (as of Nov 9, 2026), built from audited fundamentals. The current price: 21.35 TWD.
What is the quality score of 6825?
Qbic Technology Co., Ltd. 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 price target for Qbic Technology Co., Ltd. (6825)?
Our model-based price target is the fair value of 54.44 TWD (as of Nov 9, 2026) from 26 valuation models. Cautious scenario 30.28 TWD, optimistic scenario 85.84 TWD. It is a calculation from audited fundamentals, not an analyst target.
What is the Qbic Technology Co., Ltd. stock forecast for 2026?
Our models put fair value at 54.44 TWD, about +155% upside versus a price of 21.35 TWD (undervalued). Cautious scenario 30.28 TWD, optimistic scenario 85.84 TWD. The calculation is refreshed regularly with new filings.
What is the revenue of Qbic Technology Co., Ltd. (6825)?
Qbic Technology Co., Ltd. reported trailing-twelve-month revenue of about 726M TWD (latest available figure, as of Nov 9, 2026).
Does Qbic Technology Co., Ltd. pay a dividend?
Qbic Technology Co., Ltd. currently shows a dividend yield of 1.79% relative to its recent price (as of Nov 9, 2026).
How much is the dividend of Qbic Technology Co., Ltd. (6825) and when is the ex-dividend date?
Qbic Technology Co., Ltd. pays a dividend of 0.382 TWD per share a year, a dividend yield of 1.8%. The last ex-dividend date was Aug 21, 2026. The payout ratio is 17.1% of earnings. Free cash flow covers the dividend 5.87 times. Our assessment: Well covered. A low payout and the dividend is fully funded by free cash flow, a comfortable, sustainable dividend.
What growth is priced into Qbic Technology Co., Ltd. (6825)?
For today's price to be fair in a discounted-cash-flow model, Qbic Technology Co., Ltd. would have to grow free cash flow by -10.9 % per year for five years (discount rate 9.1 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +35.0 % per year. As of Nov 9, 2026.
What discount rate (WACC) does the fair value of 6825 use?
Our models discount Qbic Technology Co., Ltd. at 9.1 %: a base by market capitalisation (nano), damped by beta 0.53, 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 Qbic Technology Co., Ltd. that is -10.9 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (9.1 %) and the same formula as our fair value.
How much growth has Qbic Technology Co., Ltd. (6825) delivered so far?
Over the past 5 years revenue at Qbic Technology Co., Ltd. grew +35.0 % a year. The price currently implies free-cash-flow growth of -10.9 % 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 Qbic Technology Co., Ltd. (6825) growing?
The median revenue growth in the sector is +16.1 % a year. That is the yardstick for the growth priced into Qbic Technology Co., Ltd. (-10.9 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Qbic Technology Co., Ltd. (6825)?
The free-cash-flow yield on the price is 12.27 %: that much free cash flow Qbic Technology Co., Ltd. produces per unit of market value. When it exceeds the discount rate of our models (9.1 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Qbic Technology Co., Ltd. (6825)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Qbic Technology Co., Ltd. it is 54.44 TWD per share (as of Nov 9, 2026), against a price of 21.35 TWD. It is the blended result of 26 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Qbic Technology Co., Ltd. stock overvalued or undervalued in 2026?
As of Nov 9, 2026, 6825 trades below its calculated fair value: price 21.35 TWD, fair value 54.44 TWD, a gap of about +155% (undervalued). 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 6825?
No. The price is what the market pays today (21.35 TWD); the fair value is what the company's own numbers justify (54.44 TWD). For Qbic Technology Co., Ltd. the two are 33.09 TWD per share apart. That gap is exactly why we show both numbers side by side.
How much is Qbic Technology Co., Ltd. worth?
The market values Qbic Technology Co., Ltd. at about 840M TWD (market capitalisation, as of Nov 9, 2026). Per share that is 21.35 TWD; our models calculate a fair value of 54.44 TWD per share.
What do the bullish and bearish scenarios say about 6825?
Our models span a range for Qbic Technology Co., Ltd.: cautious scenario 30.28 TWD, base 54.44 TWD, optimistic 85.84 TWD per share (as of Nov 9, 2026, price 21.35 TWD). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 6825?
Qbic Technology Co., Ltd. trades at a price-to-earnings ratio of 9.5 (as of Nov 9, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 54.44 TWD is built from several models across several years. Other multiples: P/B 1.4, P/S 1.2, EV/EBITDA 6.3.
How solid is the balance sheet of Qbic Technology Co., Ltd. (6825)?
Balance-sheet figures for Qbic Technology Co., Ltd. (as of Nov 9, 2026): return on equity 16.6%. They feed the Quality Score of 56/100, which measures business quality independently of the share price.
How far is 6825 from its 52-week high?
Qbic Technology Co., Ltd. trades at 21.35 TWD, about 49% below its 52-week high of 41.80 TWD and 4% above the low of 20.50 TWD (as of Nov 11, 2026). Distance from the high says nothing about value: that is what the fair value of 54.44 TWD is for.
Which stocks are comparable to Qbic 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 Qbic Technology Co., Ltd. stock attractive at the current price?
The data as of Nov 9, 2026: price 21.35 TWD, calculated fair value 54.44 TWD (+155%), Quality Score 56/100, from 26 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 6825 calculated?
We run Qbic Technology Co., Ltd. through 26 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 54.44 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 14.0% above its aggregate fair value. Qbic Technology Co., Ltd. currently trades 61% below its own fair value, and the market average says nothing about that. 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 Qbic Technology Co., Ltd. (6825)?
The closing price on Nov 11, 2026 was 21.35 TWD. Our model-based fair value is 54.44 TWD, about +155% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Qbic Technology Co., Ltd. right now?
The price is below even our cautious bear case (30.28 TWD). The market is more pessimistic than our downside scenario. The model range is unusually wide (30.28 TWD to 85.84 TWD). The outcome hinges heavily on assumptions, so read the point estimate with caution. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid quality (56/100) at a price below fair value, the discount is the argument here, not the business quality.
Key figures of Qbic Technology Co., Ltd.
How large is the market capitalisation of Qbic Technology Co., Ltd. (6825)?
The market capitalisation of Qbic Technology Co., Ltd. is 840M TWD (≈ $25.5M). 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 Qbic Technology Co., Ltd. (6825)?
The price-to-sales ratio of Qbic Technology Co., Ltd. is 1.16 (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 Qbic Technology Co., Ltd. (6825)?
Earnings per share at Qbic Technology Co., Ltd. are 2.24 TWD (price ÷ EPS = P/E 9.5). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Qbic Technology Co., Ltd. (6825)?
The dividend yield of Qbic Technology Co., Ltd. is 1.8% (payout 17.1%). 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 Qbic Technology Co., Ltd. (6825)?
The net margin of Qbic Technology Co., Ltd. is 11.2% (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 Qbic Technology Co., Ltd. (6825)?
The return on equity (ROE) of Qbic Technology Co., Ltd. is 16.6% (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 Qbic Technology Co., Ltd. (6825)?
On an EBIT basis the return on assets of Qbic Technology Co., Ltd. is 6.5% (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 Qbic Technology Co., Ltd. (6825)?
The operating margin of Qbic Technology Co., Ltd. is 4.9% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Qbic Technology Co., Ltd. (6825)?
Revenue at Qbic Technology Co., Ltd. is growing −45.5% versus a year earlier (3y avg +39.8%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Qbic Technology Co., Ltd. (6825)?
Earnings per share at Qbic Technology Co., Ltd. are growing −88.5% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Qbic Technology Co., Ltd. (6825) hold?
Qbic Technology Co., Ltd. holds more cash than debt, 18.2M TWD net (fiscal year 2024). The company holds more cash than debt, a safety cushion.
Free · no account needed
Watch Qbic Technology Co., Ltd. in the live analysis
One click puts Qbic Technology Co., Ltd. on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.
Thin data
Nov 9, 2026