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SHINE TREND International Multimedia Technology CO., LTD. (6856) Fair Value & Analysis

Communication Services · TW · Market cap 1.3B TWD

ST SHINE TREND International Multimedia Technology CO., LTD. 6856 · TWO
Price45.15 TWD
Fair Value57.66 TWD
Upside+27.7%
Quality60/100
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Healthy Growth
Thin margins · 0.0% net margin
generates free cash flow
Mixed vs. peers (5/11)
Moderate moat 60/100
Evidence: Medium Range 43.25 TWD – 72.08 TWD Share as image

Fair value as of: Jul 23, 2026

From 26 valuation models · updated 18 days ago

Share price +5.0% over the past month.

A solid business, screening 28% undervalued on our models.

What matters now

  • Solid quality (60/100) at a price below fair value, the discount is the argument here, not the business quality.
  • Our model range runs from 43.25 TWD (bear) to 72.08 TWD (bull), base 57.66 TWD. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 60/100 (solid quality) with medium evidence: read the verdict with care.
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Price vs Fair Value (5 years)

76.00 TWD 41.61 TWD Fair Value 57.66 TWD Jan 2022 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

55‑month range 41.61 TWD – 76.00 TWD · fair‑value band 43.25 TWD – 72.08 TWD · the 45.15 TWD price screens below the 57.66 TWD fair value. Dashed = 300-day average. As of Jul 23, 2026.

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Analysis

SHINE TREND International Multimedia Technology CO., LTD. (6856) currently trades at 45.15 TWD, while our model-based Fair Value estimate is 57.66 TWD, implying the stock looks roughly 27.7% undervalued today. The Quality Score stands at 60/100 (solid quality), in the Communication Services 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: medium), always confirm before acting.

The stock trades on a trailing P/E of 18.3. Fundamentals as of Jul 23, 2026

Our scenario range runs from 43.25 TWD (bear case) to 72.08 TWD (bull case); at 45.15 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 27% below its 52-week high, currently below its 200-day average. For context, the median of 10 Communication Services peers we cover trades at -52% fair-value upside, at 28%, 6856 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 22.66 TWD 24.50 TWD 27.36 TWD 76
Growth DCF 41.89 TWD 59.86 TWD 92.93 TWD 72
Gordon GGM 26.42 TWD 47.60 TWD 65.53 TWD 70
All 26 models by family
DCF Models
FCF DCF 43.73 TWD 57.10 TWD 97.07 TWD 38
Owner Earnings 56.16 TWD 100.68 TWD 183.30 TWD 31
5Y Revenue Exit 51.18 TWD 81.87 TWD 144.95 TWD 39
5Y EBITDA Exit 60.31 TWD 100.66 TWD 178.28 TWD 41
5Y P/E Exit 53.15 TWD 100.50 TWD 164.21 TWD 38
10Y Revenue Exit 47.07 TWD 89.00 TWD 123.16 TWD 36
10Y EBITDA Exit 54.48 TWD 106.27 TWD 203.95 TWD 37
10Y P/E Exit 49.76 TWD 92.73 TWD 168.33 TWD 35
Earnings-Based
Graham-Dodd 17.82 TWD 124.29 TWD 174.42 TWD 54
Lynch FV 43.28 TWD 61.83 TWD 80.38 TWD 50
PEG = 1.0 43.28 TWD 61.83 TWD 80.38 TWD 46
EPV 40.79 TWD 44.35 TWD 47.32 TWD 59
Dividend Discount
Gordon GGM 26.42 TWD 47.60 TWD 65.53 TWD 70
DDM Multi-Stage 26.42 TWD 43.48 TWD 50.85 TWD 61
Multiples
P/E Multiple 43.25 TWD 57.66 TWD 72.08 TWD 63
P/S Multiple 33.42 TWD 44.56 TWD 55.69 TWD 58
P/B Multiple 33.42 TWD 44.56 TWD 55.69 TWD 55
EV/EBIT 64.29 TWD 80.83 TWD 97.38 TWD 53
EV/EBITDA 68.46 TWD 86.40 TWD 104.33 TWD 54
EV/Revenue 52.29 TWD 68.42 TWD 84.56 TWD 43
Asset-Based
NCAV (Graham) 13.69 TWD 18.35 TWD 27.39 TWD 50
Growth DCF
Growth DCF 41.89 TWD 59.86 TWD 92.93 TWD 72
Rev-Margin DCF 51.18 TWD 91.46 TWD 157.66 TWD 67
Economic Profit
Residual Income 22.66 TWD 24.50 TWD 27.36 TWD 76
ROIC Compounder 46.78 TWD 59.23 TWD 74.93 TWD 67
Growth Earnings
Growth-Adj P/E 57.52 TWD 82.17 TWD 106.82 TWD 68

Widest divergence: DCF Models (92.73 TWD) versus Asset-Based (18.35 TWD). Highest evidence: Residual Income (76).

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Key figures & financial health

Free cash flow 60.3M TWD FY2025
P/E ratio 17.0
EPS (TTM) 2.62 TWD

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

Quality Score breakdown

Overall quality 60/100

Of which business quality 61 · Market factors (momentum, volatility) 38

Profitability 56
Margins and returns on capital today
Quality Growth 62
Are margins and returns improving?
Cashflow 48
Earnings quality: real cash, not paper profit
Fin. Strength 99
Balance sheet, leverage, solvency risk
Investment 36
Disciplined investing over empire-building
Low Volatility 69
Calm price path (market factor)
Momentum 26
Price trend over the last 3–12 months (market factor)
52W Momentum 23
Distance to the 52-week high (market factor)
Net Issuance 53
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

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.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

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.

Growth Quality 85/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
764M TWD
Latest YoY
+19.2%
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.
+24.3%
Revenue +19.8%/yr
FY21 371M TWD
FY22 397M TWD
FY23 396M TWD
FY24 640M TWD
FY25 764M TWD
Net income
FY21 0 TWD
FY22 118M TWD
FY23 101M TWD
FY24 116M TWD
FY25 73.9M TWD

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Cite: Fair Value Calculator (2026). "SHINE TREND International Multimedia Technology CO., LTD. Fair Value". https://www.fairvalue-calculator.com/stock/6856

Peer Group

Entertainment · 265 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 60 · Top 25%
Fair Value upside +28% · Above median
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 Entertainment median · lower = cheaper

P/E (TTM) 17.0× · Cheaper than median
P/B 0.05× · Cheaper than 75% of peers
P/FCF 0.6× · 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 70 · sector 6
FUTURE 0 · sector 10
PAST 0 · sector 0
HEALTH 0 · sector 97
DIVIDEND 0 · sector 44

Insider activity: 45/100

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

Stock Price Fair Value vs Fair Value
Netflix, Inc ZNFL C$6.77 C$2.96 -56%
The Walt Disney Company DIS $96.30 $89.55 -7%
Warner Bros. Discovery, Inc WBD $26.87 $9.13 -66%
Live Nation Entertainment, Inc LYV $178.44 $46.89 -74%
Universal Music Group UMG €18.91 €14.78 -22%
TKO Group TKO $184.40 $22.16 -88%
Empresas Cablevisión, S.A. CABLECPO 55.00 MXN 60.49 MXN +10%
Beijing Enlight Media Co 300251 ¥11.77 ¥10.97 -7%
PT MNC Digital Entertainment Tbk, MSIN 456.00 IDR 221.09 IDR -52%
Prime Focus Limited PFOCUS ₹298.25 ₹63.45 -79%

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Frequently asked questions

Is SHINE TREND International Multimedia Technology CO., LTD. (6856) overvalued or undervalued?
As of Jul 23, 2026, our model estimates a fair value of 57.66 TWD versus a price of 45.15 TWD, about +28% (undervalued).
What is the fair value of 6856?
Our model-based fair value for SHINE TREND International Multimedia Technology CO., LTD. is 57.66 TWD (as of Jul 23, 2026), built from audited fundamentals. The current price is 45.15 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 net profit margin of 6856?
The net profit margin of SHINE TREND International Multimedia Technology CO., LTD. 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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