King's Metal Fiber Technologies Co., Ltd. (6832) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of King's Metal Fiber Technologies Co., Ltd. stock TWD 47.61, price TWD 70.70, that is 32.7% below the price, quality 66 out of 100. Rating: overvalued. 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 32.85 TWD – 143.57 TWD · fair‑value band 33.10 TWD – 62.33 TWD · the 70.70 TWD price screens above the 47.61 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 9, 2026.
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King's Metal Fiber Technologies Co., Ltd. engages in the supply of various materials and solutions in Taiwan.
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The company offers automotive glass, including heating zone roller, mold and roller covers, press and quench ring covers, quench ropes, laminated tapes, and accessories; hollow glass, such as braided ropes, woven tapes, stainless steel felts, woven sleeves, and take out disc products; and burner cloth materials.
It also provides broad weave and felts heat shielding products; and flat glass tampering comprising blended ropes and tapes. The company serves glass manufacturing industries and smart clothing retail markets. The company is headquartered in Taipei, Taiwan.
King's Metal Fiber Technologies Co., Ltd. operates as a subsidiary of Tex-Ray Industrial Co., Ltd.
Stock analysis
King's Metal Fiber Technologies Co., Ltd. (6832) currently trades at 70.70 TWD, while our model-based Fair Value estimate is 47.61 TWD, 33% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of 48.67 TWD per share, and 0 of the 26 models we run sit above the 70.70 TWD price.
Bear case: the Asset-Based group reads lowest at 13.26 TWD, and 26 of the 26 models stay below the price. Data coverage for this calculation is high.
Scenario range: 33.10 TWD (bear) to 62.33 TWD (bull), the price of 70.70 TWD sits above 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 66/100 (solid quality), in the Consumer Cyclical sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
King's Metal Fiber Technologies Co., Ltd. reported revenue of 477M TWD in FY2025 versus 371M TWD in FY2021, a compound +6.5%/yr. Reported net income was 83.1M TWD in FY2025, compounding +10.4%/yr from FY2021.
Key figures
Market cap 1.9B TWD (≈ $56.9M) Micro · P/E ratio 19.2 · P/S ratio 3.74 · EPS (TTM) 3.68 TWD · Dividend yield 2.3% · Net margin 19.5% · Return on equity 19.1% · Return on assets (EBIT) 10.9% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 73 out of 100 (low confidence).
What moves the price
The share trades about 49% below its 52-week high and 57% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Consumer Cyclical peers we cover trades at −8% fair-value upside, at −33%, 6832 screens richer than that median.
Fair Value models
Bear33.10 TWDFair Value 47.61 TWDBull62.33 TWD
Price 70.70 TWD · Downside -32.7%
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 (1.78 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.
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.84/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+7.7%
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.
+4.8%
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.
+7.2%
Start year 2020 (pandemic)
Revenue growth 7 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.
+3.2%
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What shareholders gained per year (last 5 years), in TWD ⓘ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. 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.
+8.5%
Earnings growth per share plus dividend.
Earnings per share, growth per year+6.2%
Dividend (yield on the price)2.3%
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.24% → 22%
Growth Forecast
A lot of optimism in the price
The price assumes more 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).
+14.4%
Yearly growth needed for the next five years to justify today's price.
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 +12.7% a year for the price.
Compare King's Metal Fiber Technologies Co., Ltd. with another stock
Price, fair value, quality and upside side by side.
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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.Textile Manufacturing · 338 stocks
Beats the industry median on 7/14 measures
A mixed picture versus its industry peers.
Valuation
Quality Score66 · Top 25%
Fair Value upside−32.7% · Below median
Profitability
Return on equity (12 months)19.1% · Top 25%
Return on assets8.4% · Top 25%
Net margin (12 months)19.5% · Top 25%
Operating margin (12 months)25.5% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)9.2% · Above median
Dividend yield (12 months)2.3% · Above median
Balance sheet
Debt / equity0.51× · Highest 25%
Valuation Multiplesvs Textile Manufacturing median · lower = cheaper
P/E (12 months)19.2× · Pricier than median
P/B3.54× · Priciest 25%
P/S (12 months)3.74× · Priciest 25%
Price / free cash flow (fiscal year)17.6× · Pricier than median
EV/EBITDA13.2× · Pricier than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 10
FUTURE (revenue growth)46· sector 37
PAST (return on equity)76· sector 18
HEALTH (low debt)74· sector 95
DIVIDEND (yield)45· sector 37
VALUE 0: the price sits above our fair-value range.
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.
Cite: Fair Value Calculator (2026). "King's Metal Fiber Technologies Co., Ltd. Fair Value". https://www.fairvalue-calculator.com/stock/6832
Frequently asked questions
Is King's Metal Fiber Technologies Co., Ltd. (6832) overvalued or undervalued?
As of Nov 9, 2026, our model estimates a fair value of 47.61 TWD versus a price of 70.70 TWD, about 33% lower (overvalued).
What is the fair value of 6832?
Our model-based fair value for King's Metal Fiber Technologies Co., Ltd. is 47.61 TWD (as of Nov 9, 2026), built from audited fundamentals. The current price: 70.70 TWD.
What is the quality score of 6832?
King's Metal Fiber Technologies Co., Ltd. has a Quality Score of 66/100. 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 King's Metal Fiber Technologies Co., Ltd. (6832)?
Our model-based price target is the fair value of 47.61 TWD (as of Nov 9, 2026) from 26 valuation models. Cautious scenario 33.10 TWD, optimistic scenario 62.33 TWD. It is a calculation from audited fundamentals, not an analyst target.
What is the King's Metal Fiber Technologies Co., Ltd. stock forecast for 2026?
Our models put fair value at 47.61 TWD, about 33% lower versus a price of 70.70 TWD (overvalued). Cautious scenario 33.10 TWD, optimistic scenario 62.33 TWD. The calculation is refreshed regularly with new filings.
What is the revenue of King's Metal Fiber Technologies Co., Ltd. (6832)?
King's Metal Fiber Technologies Co., Ltd. reported trailing-twelve-month revenue of about 499M TWD (latest available figure, as of Nov 9, 2026).
Does King's Metal Fiber Technologies Co., Ltd. pay a dividend?
King's Metal Fiber Technologies Co., Ltd. currently shows a dividend yield of 2.26% relative to its recent price (as of Nov 9, 2026).
How much is the dividend of King's Metal Fiber Technologies Co., Ltd. (6832) and when is the ex-dividend date?
King's Metal Fiber Technologies Co., Ltd. pays a dividend of 1.60 TWD per share a year, a dividend yield of 2.3%. The last ex-dividend date was Aug 27, 2026. A dividend has been paid every year since at least 2022. The payout ratio is 43.5% of earnings. Free cash flow covers the dividend 2.52 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 King's Metal Fiber Technologies Co., Ltd. (6832)?
For today's price to be fair in a discounted-cash-flow model, King's Metal Fiber Technologies Co., Ltd. would have to grow free cash flow by +14.4 % per year for five years (discount rate 11.8 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +7.2 % per year. As of Nov 9, 2026.
What discount rate (WACC) does the fair value of 6832 use?
Our models discount King's Metal Fiber Technologies Co., Ltd. at 11.8 %: a base by market capitalisation (micro), damped by beta 0.26, 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 King's Metal Fiber Technologies Co., Ltd. that is +14.4 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (11.8 %) and the same formula as our fair value.
How much growth has King's Metal Fiber Technologies Co., Ltd. (6832) delivered so far?
Over the past 5 years revenue at King's Metal Fiber Technologies Co., Ltd. grew +7.2 % a year. The price currently implies free-cash-flow growth of +14.4 % 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 King's Metal Fiber Technologies Co., Ltd. (6832) growing?
The median revenue growth in the sector is +8.6 % a year. That is the yardstick for the growth priced into King's Metal Fiber Technologies Co., Ltd. (+14.4 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of King's Metal Fiber Technologies Co., Ltd. (6832)?
The free-cash-flow yield on the price is 5.69 %: that much free cash flow King's Metal Fiber Technologies Co., Ltd. produces per unit of market value. When it exceeds the discount rate of our models (11.8 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of King's Metal Fiber Technologies Co., Ltd. (6832)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For King's Metal Fiber Technologies Co., Ltd. it is 47.61 TWD per share (as of Nov 9, 2026), against a price of 70.70 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 King's Metal Fiber Technologies Co., Ltd. stock overvalued or undervalued in 2026?
As of Nov 9, 2026, 6832 trades above its calculated fair value: price 70.70 TWD, fair value 47.61 TWD, a gap of about −33% (overvalued). 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 6832?
No. The price is what the market pays today (70.70 TWD); the fair value is what the company's own numbers justify (47.61 TWD). For King's Metal Fiber Technologies Co., Ltd. the two are 23.09 TWD per share apart. That gap is exactly why we show both numbers side by side.
How much is King's Metal Fiber Technologies Co., Ltd. worth?
The market values King's Metal Fiber Technologies Co., Ltd. at about 1.9B TWD (market capitalisation, as of Nov 9, 2026). Per share that is 70.70 TWD; our models calculate a fair value of 47.61 TWD per share.
What do the bullish and bearish scenarios say about 6832?
Our models span a range for King's Metal Fiber Technologies Co., Ltd.: cautious scenario 33.10 TWD, base 47.61 TWD, optimistic 62.33 TWD per share (as of Nov 9, 2026, price 70.70 TWD). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 6832?
King's Metal Fiber Technologies Co., Ltd. trades at a price-to-earnings ratio of 19.2 (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 47.61 TWD is built from several models across several years. Other multiples: P/B 3.5, P/S 3.7, EV/EBITDA 13.2.
How solid is the balance sheet of King's Metal Fiber Technologies Co., Ltd. (6832)?
Balance-sheet figures for King's Metal Fiber Technologies Co., Ltd. (as of Nov 9, 2026): return on equity 19.1%, debt of 0.51 per unit of equity. They feed the Quality Score of 66/100, which measures business quality independently of the share price.
How far is 6832 from its 52-week high?
King's Metal Fiber Technologies Co., Ltd. trades at 70.70 TWD, about 49% below its 52-week high of 139.50 TWD and 57% above the low of 45.00 TWD (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 47.61 TWD is for.
Which stocks are comparable to King's Metal Fiber Technologies Co., Ltd.?
From the same area (Consumer Cyclical) we also value Tongkun Group, Shenzhou International Group, Inner Mongolia ERDOS Resources Co, Far Eastern New Century Corporation, 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 King's Metal Fiber Technologies Co., Ltd. stock attractive at the current price?
The data as of Nov 9, 2026: price 70.70 TWD, calculated fair value 47.61 TWD (−33%), Quality Score 66/100, 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 6832 calculated?
We run King's Metal Fiber Technologies 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 47.61 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 13.3% above its aggregate fair value. King's Metal Fiber Technologies Co., Ltd. itself currently trades above fair value. 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 King's Metal Fiber Technologies Co., Ltd. (6832)?
The closing price on Nov 6, 2026 was 70.70 TWD. Our model-based fair value is 47.61 TWD, about 33% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with King's Metal Fiber Technologies Co., Ltd. right now?
The price sits above even our optimistic bull case (62.33 TWD). The favourable scenario is already priced in. Solid but not exceptional quality (66/100) and above fair value, neither a clear bargain nor a standout compounder. A fairly wide model range (33.10 TWD to 62.33 TWD) leaves room in how you read the outcome.
Key figures of King's Metal Fiber Technologies Co., Ltd.
How large is the market capitalisation of King's Metal Fiber Technologies Co., Ltd. (6832)?
The market capitalisation of King's Metal Fiber Technologies Co., Ltd. is 1.9B TWD (≈ $56.9M). 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 King's Metal Fiber Technologies Co., Ltd. (6832)?
The price-to-sales ratio of King's Metal Fiber Technologies Co., Ltd. is 3.74 (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 King's Metal Fiber Technologies Co., Ltd. (6832)?
Earnings per share at King's Metal Fiber Technologies Co., Ltd. are 3.68 TWD (price ÷ EPS = P/E 19.2). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of King's Metal Fiber Technologies Co., Ltd. (6832)?
The dividend yield of King's Metal Fiber Technologies Co., Ltd. is 2.3% (payout 43.5%). 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 King's Metal Fiber Technologies Co., Ltd. (6832)?
The net margin of King's Metal Fiber Technologies Co., Ltd. is 19.5% (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 King's Metal Fiber Technologies Co., Ltd. (6832)?
The return on equity (ROE) of King's Metal Fiber Technologies Co., Ltd. is 19.1% (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 King's Metal Fiber Technologies Co., Ltd. (6832)?
On an EBIT basis the return on assets of King's Metal Fiber Technologies Co., Ltd. is 10.9% (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 King's Metal Fiber Technologies Co., Ltd. (6832)?
The operating margin of King's Metal Fiber Technologies Co., Ltd. is 25.5% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at King's Metal Fiber Technologies Co., Ltd. (6832)?
Revenue at King's Metal Fiber Technologies Co., Ltd. is growing +9.2% versus a year earlier (3y avg +4.8%). 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 King's Metal Fiber Technologies Co., Ltd. (6832)?
Earnings per share at King's Metal Fiber Technologies Co., Ltd. are growing +37.1% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does King's Metal Fiber Technologies Co., Ltd. (6832) carry?
The net debt of King's Metal Fiber Technologies Co., Ltd. is 204M TWD (fiscal year 2025, ≈ 1.9 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Broad data
Nov 9, 2026