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Qbic Technology Co (6825) Fair Value & Analysis

Technology · TW · Market cap 1.3B TWD

QT Qbic Technology Co 6825 · TWO
Price44.00 TWD
Fair Value50.87 TWD
Upside+15.6%
Quality57/100
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Healthy Growth
Solidly profitable · 13.1% net margin
generates free cash flow
1.09% dividend yield
Ranks above peers (10/13)
Moderate moat 64/100
Evidence: High Range 38.27 TWD – 63.48 TWD Share as image

Fair value as of: Jul 23, 2026

From 26 valuation models · updated 18 days ago

A solid business, screening 16% undervalued on our models.

What matters now

  • Our model range runs from 38.27 TWD (bear) to 63.48 TWD (bull), base 50.87 TWD. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 57/100 (solid quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

46.90 TWD 15.50 TWD Fair Value 50.87 TWD Apr 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 15.50 TWD – 46.90 TWD · fair‑value band 38.27 TWD – 63.48 TWD · the 44.00 TWD price screens below the 50.87 TWD fair value. Dashed = 300-day average. As of Jul 23, 2026.

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Analysis

Qbic Technology Co (6825) currently trades at 44.00 TWD, while our model-based Fair Value estimate is 50.87 TWD, implying the stock looks roughly 15.6% undervalued today. The Quality Score stands at 57/100 (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: high), always confirm before acting.

Over the trailing twelve months, Qbic Technology Co generated revenue of 786M TWD at a net margin of 10.2%. Revenue declined 1.1% year over year. It earns a return on equity of 16.9%. The balance sheet holds a net cash position of 18.2M TWD. Fundamentals as of Jul 23, 2026

Our scenario range runs from 38.27 TWD (bear case) to 63.48 TWD (bull case); at 44.00 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 14% below its 52-week high and 61% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at -67% fair-value upside, at 16%, 6825 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
Residual Income 16.16 TWD 18.91 TWD 40.13 TWD 76
Growth DCF 42.13 TWD 66.46 TWD 104.70 TWD 72
Gordon GGM 0.7800 TWD 1.40 TWD 1.93 TWD 70
All 26 models by family
DCF Models
FCF DCF 44.39 TWD 60.78 TWD 109.77 TWD 38
Owner Earnings 45.79 TWD 85.53 TWD 159.28 TWD 31
5Y Revenue Exit 37.74 TWD 57.66 TWD 99.22 TWD 39
5Y EBITDA Exit 50.89 TWD 84.22 TWD 149.57 TWD 41
5Y P/E Exit 54.65 TWD 112.78 TWD 192.22 TWD 38
10Y Revenue Exit 39.23 TWD 72.02 TWD 91.86 TWD 36
10Y EBITDA Exit 48.91 TWD 97.84 TWD 183.14 TWD 37
10Y P/E Exit 51.41 TWD 105.21 TWD 193.97 TWD 35
Earnings-Based
Graham-Dodd 16.16 TWD 112.72 TWD 158.19 TWD 54
Lynch FV 52.05 TWD 74.35 TWD 96.66 TWD 50
PEG = 1.0 52.05 TWD 74.35 TWD 96.66 TWD 46
EPV 27.52 TWD 30.08 TWD 32.21 TWD 59
Dividend Discount
Gordon GGM 0.7800 TWD 1.40 TWD 1.93 TWD 70
DDM Multi-Stage 0.7800 TWD 1.28 TWD 1.50 TWD 61
Multiples
P/E Multiple 49.92 TWD 66.56 TWD 83.19 TWD 63
P/S Multiple 30.31 TWD 40.41 TWD 50.51 TWD 58
P/B Multiple 30.31 TWD 40.41 TWD 50.51 TWD 55
EV/EBIT 55.69 TWD 71.34 TWD 87.00 TWD 53
EV/EBITDA 53.21 TWD 68.04 TWD 82.87 TWD 54
EV/Revenue 32.47 TWD 42.65 TWD 52.82 TWD 43
Asset-Based
NCAV (Graham) 9.06 TWD 12.14 TWD 18.13 TWD 50
Growth DCF
Growth DCF 42.13 TWD 66.46 TWD 104.70 TWD 72
Rev-Margin DCF 39.94 TWD 64.69 TWD 114.99 TWD 67
Economic Profit
Residual Income 16.16 TWD 18.91 TWD 40.13 TWD 76
ROIC Compounder 33.04 TWD 45.10 TWD 53.34 TWD 67
Growth Earnings
Growth-Adj P/E 77.14 TWD 110.19 TWD 143.25 TWD 68

Widest divergence: Growth Earnings (110.19 TWD) versus Dividend Discount (1.28 TWD). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 786M TWD
Revenue growth (YoY) -1.1%
Net margin 10.2%
Return on equity 16.9%
Free cash flow 88.1M TWD FY2025
P/E ratio 17.4
More key figures
Operating margin 11.0%
EPS (TTM) 2.67 TWD
Dividend yield 1.0%
EPS growth (YoY) +71.8%
Net cash 18.2M TWD FY2024

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

Quality Score breakdown

Overall quality 57/100

Of which business quality 60 · Market factors (momentum, volatility) 66

Profitability 62
Margins and returns on capital today
Quality Growth 65
Are margins and returns improving?
Cashflow 61
Earnings quality: real cash, not paper profit
Fin. Strength 100
Balance sheet, leverage, solvency risk
Investment 44
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 72
Price trend over the last 3–12 months (market factor)
52W Momentum 76
Distance to the 52-week high (market factor)
Net Issuance 0
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

Qbic Technology Co., Ltd. develops and sells commercial and industrial grade devices in Taiwan. 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 …

Full company description

Qbic Technology Co., Ltd. develops and sells commercial and industrial grade devices in Taiwan. 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.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Qbic Technology Co 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.

Growth Quality 100/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
786M TWD
Latest YoY
+26.1%
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.
+39.8%
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.
+34.9%
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.
+27.0%
Revenue +40.7%/yr
FY21 200M TWD
FY22 288M TWD
FY23 560M TWD
FY24 623M TWD
FY25 786M TWD
Net income +75.7%/yr
FY21 8.4M TWD
FY22 11.8M TWD
FY23 13.2M TWD
FY24 36.1M TWD
FY25 80.0M TWD

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Cite: Fair Value Calculator (2026). "Qbic Technology Co Fair Value". https://www.fairvalue-calculator.com/stock/6825

Peer Group

Computer Hardware · 215 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 57 · Above median
Fair Value upside +16% · Top 25%
Return on equity (TTM) 23% · Top 25%
Return on assets 11% · Top 25%
Net margin (TTM) 13% · Top 25%
Operating margin (TTM) 11% · Top 25%
Revenue growth 92% · Top 25%
Dividend yield (TTM) 1.1% · Below median

Valuation Multiples vs Computer Hardware median · lower = cheaper

P/E (TTM) 14.7× · Cheaper than 75% of peers
P/B 2.17× · Pricier than median
P/S (TTM) 1.52× · Pricier than median
P/FCF 0.5× · Cheaper than median
EV/EBITDA 7.2× · Cheaper than 75% of peers

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 54 · sector 0
FUTURE 100 · sector 57
PAST 92 · sector 26
HEALTH 0 · sector 97
DIVIDEND 22 · sector 44

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 Computer Hardware stocks, each showing price versus our Fair Value estimate (as of Jul 23, 2026).

Stock Price Fair Value vs Fair Value
Compal Electronics, Inc CEIR $0.0310 $0.0276 -11%
Dell Technologies Inc DELL $434.97 $163.87 -62%
Arista Networks, Inc ANET $168.56 $43.74 -74%
Western Digital Corporation WDC $513.84 $74.05 -86%
Wiwynn Corporation 6669 4,685 TWD 1,559 TWD -67%
Hangzhou Hikvision Digital Technology Co 002415 ¥34.12 ¥30.11 -12%
Quanta Computer Inc 2382 373.50 TWD 297.22 TWD -20%
Shenzhen Longsys Electronics Co 301308 ¥587.60 ¥60.86 -90%
Lenovo Group 0992 HK$23.16 HK$3.07 -87%
Dawning Information Industry Co 603019 ¥106.13 ¥28.88 -73%

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Frequently asked questions

Is Qbic Technology Co (6825) overvalued or undervalued?
As of Jul 23, 2026, our model estimates a fair value of 50.87 TWD versus a price of 44.00 TWD, about +16% (undervalued).
What is the fair value of 6825?
Our model-based fair value for Qbic Technology Co is 50.87 TWD (as of Jul 23, 2026), built from audited fundamentals. The current price is 44.00 TWD.
What is the quality score of 6825?
Qbic Technology Co has a Quality Score of 57/100. 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 Qbic Technology Co (6825)?
Qbic Technology Co reported trailing-twelve-month revenue of about 786M TWD (latest available figure, as of Jul 23, 2026).
What is the net profit margin of 6825?
The net profit margin of Qbic Technology Co is about 10.2%, meaning it keeps roughly 10.2% of revenue as net income. Based on the latest reported figures.
Does Qbic Technology Co pay a dividend?
Qbic Technology Co currently shows a dividend yield of about 1.00% 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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