SHINE TREND International Multimedia Technology CO., LTD. (6856) fair value: what the stock is really worth
As of Sep 24, 2026: fair value of SHINE TREND International Multimedia Technology CO., LTD. TWD 66.18, price TWD 42.30, upside +56.5%, quality 60 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
57‑month range 40.95 TWD – 76.00 TWD · fair‑value band 44.64 TWD – 106.81 TWD · the 42.30 TWD price screens below the 66.18 TWD fair value. Dashed = 300-day average. As of Sep 24, 2026.
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SHINE TREND International Multimedia Technology CO., LTD. produces and broadcasts news and other programs in Taiwan. The company was founded in 1986 and is based in Taichung, Taiwan.
Stock analysis
SHINE TREND International Multimedia Technology CO., LTD. (6856) currently trades at 42.30 TWD, while our model-based Fair Value estimate is 66.18 TWD, implying the stock looks roughly 36.1% undervalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of 103.13 TWD per share, and 24 of the 26 models we run sit above the 42.30 TWD price.
Bear case: the Asset-Based group reads lowest at 18.35 TWD, and 2 of the 26 models stay below the price. Evidence for this calculation is medium.
Scenario range: 44.64 TWD (bear) to 106.81 TWD (bull), the price of 42.30 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 60/100 (solid quality), in the Communication Services sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
SHINE TREND International Multimedia Technology CO., LTD. reported revenue of 764M TWD in FY2025 versus 371M TWD in FY2021, a compound +19.8%/yr. Reported net income was 73.9M TWD in FY2025.
Key figures
Market cap 1.2B TWD (≈ $37.6M) · P/E ratio 16.1 · P/S ratio 1.56 · EPS (TTM) 2.62 TWD · Dividend yield 7.6% · Net margin 9.7% · Return on assets (EBIT) 16.7% · Free cash flow 60.3M TWD.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 48 out of 100 (low confidence).
What moves the price
The share trades about 26% below its 52-week high and 3% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Communication Services peers we cover trades at −4% fair-value upside, at 56%, 6856 screens cheaper than that median.
Fair Value models
Bear 44.64 TWDFair Value 66.18 TWDBull 106.81 TWD
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then (1.92 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.Evidence ⓘEvidence = 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.85/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+19.2%
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.
+24.3%
’21
’22
’23
’24
’25
What shareholders gained per year (last 3 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 3 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. Basis: EBIT basis. 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.
−1.8%
Earnings growth per share plus dividend.
Earnings per share, growth per year−9.4%
Dividend (yield on the price)7.6%
Profit margin 2021 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.36% → 15%
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).
+4.3%
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 +2.7% a year for the price.
Compare SHINE TREND International Multimedia Technology 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.Entertainment · 261 stocks
Beats the industry median on 7/10 measures
Overall it ranks above its industry peers.
Valuation
Quality Score60 · Top 25%
Fair Value upside+57% · Top 25%
Profitability
Return on assets0% · Below median
Net margin (TTM)10% · Top 25%
Operating margin (TTM)0% · Below median
Growth and dividend
Revenue growth0% · Below median
Dividend yield (TTM)7.6% · Top 25%
Valuation Multiplesvs Entertainment 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.
Cite: Fair Value Calculator (2026). "SHINE TREND International Multimedia Technology CO., LTD. Fair Value". https://www.fairvalue-calculator.com/stock/6856
Frequently asked questions
Is SHINE TREND International Multimedia Technology CO., LTD. (6856) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of 66.18 TWD versus a price of 42.30 TWD, about +56% upside (undervalued).
What is the fair value of 6856?
Our model-based fair value for SHINE TREND International Multimedia Technology CO., LTD. is 66.18 TWD (as of Sep 24, 2026), built from audited fundamentals. The current price: 42.30 TWD.
What is the quality score of 6856?
SHINE TREND International Multimedia Technology CO., LTD. has a Quality Score of 60/100. 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 SHINE TREND International Multimedia Technology CO., LTD. (6856)?
Our model-based price target is the fair value of 66.18 TWD (as of Sep 24, 2026) from 26 valuation models. Cautious scenario 44.64 TWD, optimistic scenario 106.81 TWD. It is a calculation from audited fundamentals, not an analyst target.
What is the SHINE TREND International Multimedia Technology CO., LTD. stock forecast for 2026?
Our models put fair value at 66.18 TWD, about +56% upside versus a price of 42.30 TWD (undervalued). Cautious scenario 44.64 TWD, optimistic scenario 106.81 TWD. The calculation is refreshed regularly with new filings.
Does SHINE TREND International Multimedia Technology CO., LTD. pay a dividend?
SHINE TREND International Multimedia Technology CO., LTD. currently shows a dividend yield of about 7.61% relative to its recent price (as of Sep 24, 2026).
What growth is priced into SHINE TREND International Multimedia Technology CO., LTD. (6856)?
For today's price to be fair in a discounted-cash-flow model, SHINE TREND International Multimedia Technology CO., LTD. would have to grow free cash flow by +4.3 % per year for five years (discount rate 10.3 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 4 years revenue grew +19.8 % per year. As of Sep 24, 2026.
What discount rate (WACC) does the fair value of 6856 use?
Our models discount SHINE TREND International Multimedia Technology CO., LTD. at 10.3 %: a base by market capitalisation (nano), 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 SHINE TREND International Multimedia Technology CO., LTD. that is +4.3 % per year a year over ten years, using the same discount rate (10.3 %) and the same formula as our fair value.
How much growth has SHINE TREND International Multimedia Technology CO., LTD. (6856) delivered so far?
Over the past 4 years revenue at SHINE TREND International Multimedia Technology CO., LTD. grew +19.8 % a year. The price currently implies +4.3 % per year free-cash-flow growth a 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 SHINE TREND International Multimedia Technology CO., LTD. (6856) growing?
The median revenue growth in the sector is +1.6 % a year. That is the yardstick for the growth priced into SHINE TREND International Multimedia Technology CO., LTD. (+4.3 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of SHINE TREND International Multimedia Technology CO., LTD. (6856)?
The free-cash-flow yield on the price is 5.05 %: that much free cash flow SHINE TREND International Multimedia Technology CO., LTD. produces per unit of market value. When it exceeds the discount rate of our models (10.3 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of SHINE TREND International Multimedia Technology CO., LTD. (6856)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For SHINE TREND International Multimedia Technology CO., LTD. it is 66.18 TWD per share (as of Sep 24, 2026), against a price of 42.30 TWD. It is the blended result of 26 valuation models (cash flow, earnings, asset, dividend).
Is SHINE TREND International Multimedia Technology CO., LTD. stock overvalued or undervalued in 2026?
As of Sep 24, 2026, 6856 trades below its calculated fair value: price 42.30 TWD, fair value 66.18 TWD, a gap of about +56% (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 6856?
No. The price is what the market pays today (42.30 TWD); the fair value is what the company's own numbers justify (66.18 TWD). For SHINE TREND International Multimedia Technology CO., LTD. the two are 23.88 TWD per share apart. That gap is exactly why we show both numbers side by side.
How much is SHINE TREND International Multimedia Technology CO., LTD. worth?
The market values SHINE TREND International Multimedia Technology CO., LTD. at about 1.2B TWD (market capitalisation, as of Sep 24, 2026). Per share that is 42.30 TWD; our models calculate a fair value of 66.18 TWD per share.
What do the bullish and bearish scenarios say about 6856?
Our models span a range for SHINE TREND International Multimedia Technology CO., LTD.: cautious scenario 44.64 TWD, base 66.18 TWD, optimistic 106.81 TWD per share (as of Sep 24, 2026, price 42.30 TWD). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 6856?
SHINE TREND International Multimedia Technology CO., LTD. trades at a price-to-earnings ratio of 16.1 (as of Sep 24, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 66.18 TWD is built from several models across several years. Other multiples: P/B 0.1.
How far is 6856 from its 52-week high?
SHINE TREND International Multimedia Technology CO., LTD. trades at 42.30 TWD, about 26% below its 52-week high of 57.04 TWD and 3% above the low of 40.95 TWD (as of Sep 24, 2026). Distance from the high says nothing about value: that is what the fair value of 66.18 TWD is for.
Which stocks are comparable to SHINE TREND International Multimedia Technology CO., LTD.?
From the same area (Communication Services) we also value Netflix, Inc, The Walt Disney Company, Warner Bros. Discovery, Inc, Live Nation Entertainment, Inc, 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 SHINE TREND International Multimedia Technology CO., LTD. stock attractive at the current price?
The data as of Sep 24, 2026: price 42.30 TWD, calculated fair value 66.18 TWD (+56%), Quality Score 60/100, 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 6856 calculated?
We run SHINE TREND International Multimedia Technology CO., LTD. through 26 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of 66.18 TWD, 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. SHINE TREND International Multimedia Technology CO., LTD. currently trades 56 % 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 SHINE TREND International Multimedia Technology CO., LTD. (6856)?
The closing price on Sep 24, 2026 was 42.30 TWD. Our model-based fair value is 66.18 TWD, about +56% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with SHINE TREND International Multimedia Technology CO., LTD. right now?
The price is below even our cautious bear case (44.64 TWD). The market is more pessimistic than our downside scenario. Solid quality (60/100) at a price below fair value, the discount is the argument here, not the business quality. A fairly wide model range (44.64 TWD to 106.81 TWD) leaves room in how you read the outcome.
Key figures of SHINE TREND International Multimedia Technology CO., LTD.
How large is the market capitalisation of SHINE TREND International Multimedia Technology CO., LTD. (6856)?
The market capitalisation of SHINE TREND International Multimedia Technology CO., LTD. is 1.2B TWD (≈ $37.6M). 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 SHINE TREND International Multimedia Technology CO., LTD. (6856)?
The price-to-sales ratio of SHINE TREND International Multimedia Technology CO., LTD. is 1.56 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of SHINE TREND International Multimedia Technology CO., LTD. (6856)?
Earnings per share at SHINE TREND International Multimedia Technology CO., LTD. are 2.62 TWD (price ÷ EPS = P/E 16.1). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of SHINE TREND International Multimedia Technology CO., LTD. (6856)?
The dividend yield of SHINE TREND International Multimedia Technology CO., LTD. is 7.6% (payout 123%). 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 SHINE TREND International Multimedia Technology CO., LTD. (6856)?
The net margin of SHINE TREND International Multimedia Technology CO., LTD. is 9.7% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the EBIT return on assets of SHINE TREND International Multimedia Technology CO., LTD. (6856)?
On an EBIT basis the return on assets of SHINE TREND International Multimedia Technology CO., LTD. is 16.7% (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.
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