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LAUNXP Biomedical Co (6876) Fair Value & Analysis

Healthcare · TW · Market cap 1.1B TWD

LB LAUNXP Biomedical Co 6876 · TWO
Price9.90 TWD
Fair Value1.27 TWD
Upside-87.2%
Quality38/100
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Mixed Growth
Thin margins · 0.0% net margin
negative free cash flow
Ranks above peers (6/8)
Narrow moat 23/100
Evidence: Low Range 0.8400 TWD – 1.59 TWD Share as image

Fair value as of: Aug 13, 2026

From 1 valuation models · updated today

Share price −38.5% over the past month.

Below-average quality, and screening another 87% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (1.59 TWD). The favourable scenario is already priced in.
  • Weak quality (38/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • A fairly wide model range (0.8400 TWD to 1.59 TWD) leaves room in how you read the outcome.
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Price vs Fair Value (8 months)

25.10 TWD 9.90 TWD Fair Value 1.27 TWD Dec 2025 Aug 2026

White line = price, green steps = our fair value per fiscal year. As of Aug 13, 2026.

How to read this chart

8‑month range 9.90 TWD – 25.10 TWD · fair‑value band 0.8400 TWD – 1.59 TWD · the 9.90 TWD price screens above the 1.27 TWD fair value. As of Aug 13, 2026.

Full chart & analysis →

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Analysis

LAUNXP Biomedical Co (6876) currently trades at 9.90 TWD, while our model-based Fair Value estimate is 1.27 TWD, implying the stock looks roughly 87.2% overvalued today. The Quality Score stands at 38/100 (below-average quality), in the Healthcare sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: low).

Our scenario range runs from 0.8400 TWD (bear case) to 1.59 TWD (bull case); at 9.90 TWD, the current price sits above 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 61% below its 52-week high, currently below its 200-day average. For context, the median of 10 Healthcare peers we cover trades at -47% fair-value upside, at -87%, 6876 screens richer 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
NCAV (Graham) 0.7700 TWD 1.03 TWD 1.54 TWD 50
All 1 models by family
Asset-Based
NCAV (Graham) 0.7700 TWD 1.03 TWD 1.54 TWD 50

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Quality Score breakdown

Overall quality 38/100

Of which business quality 41 · Market factors (momentum, volatility) 10

Profitability 1
Margins and returns on capital today
Quality Growth 40
Are margins and returns improving?
Cashflow 10
Earnings quality: real cash, not paper profit
Fin. Strength 100
Balance sheet, leverage, solvency risk
Investment 18
Disciplined investing over empire-building
Low Volatility 35
Calm price path (market factor)
Momentum 0
Price trend over the last 3–12 months (market factor)
52W Momentum 0
Distance to the 52-week high (market factor)
Net Issuance 77
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

LAUNXP Biomedical Co., Ltd engages in the research and development of drugs for cancer patients. It develops various drugs, which are in preclinical stage, including LXP5948 for non-small cell lung cancer and Alzheimer's disease; LXP5268 for triple negative breast cancer; LXP5101 for pancreatic cancer; LXP1788 for gastrointestinal cancer; and Virus-like …

Full company description

LAUNXP Biomedical Co., Ltd engages in the research and development of drugs for cancer patients. It develops various drugs, which are in preclinical stage, including LXP5948 for non-small cell lung cancer and Alzheimer's disease; LXP5268 for triple negative breast cancer; LXP5101 for pancreatic cancer; LXP1788 for gastrointestinal cancer; and Virus-like particles for cancer and genetic defect treatment. The company was founded in 2015 and is based in Taichung, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2024 · reported fiscal years

LAUNXP Biomedical Co reported revenue of 2.5M TWD in FY2024 versus 0 TWD in FY2021. Reported net income was −82.6M TWD in FY2024.

Growth Quality 30/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2024)
2.5M TWD
Latest YoY
+22,481.8%
Revenue
FY21 0 TWD
FY22 0 TWD
FY23 11.0K TWD
FY24 2.5M TWD
Net income
FY21 −34.7M TWD
FY22 −43.6M TWD
FY23 −80.9M TWD
FY24 −82.6M TWD

6876 screens 87% overvalued. Compare with Vertex Pharmaceuticals Incorporated →

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Cite: Fair Value Calculator (2026). "LAUNXP Biomedical Co Fair Value". https://www.fairvalue-calculator.com/stock/6876

Peer Group

Biotechnology · 600 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 41 · Below median
Fair Value upside −87% · Bottom 25%
Return on assets 0% · Above median
Net margin (TTM) 0% · Above median
Operating margin (TTM) 0% · Above median
Revenue growth 0% · Above median

Valuation Multiples vs Biotechnology median · lower = cheaper

P/B 0.30× · Cheaper than 75% of peers

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 Biotechnology stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Vertex Pharmaceuticals Incorporated VRTX $525.73 $278.78 -47%
Regeneron Pharmaceuticals, Inc REGN $797.99 $594.40 -26%
Samsung Biologics Co 207940 1,549,000 KRW 1,055,793 KRW -32%
Celltrion, Inc 068270 202,000 KRW 74,519 KRW -63%
WuXi Biologics (Cayman) Inc 2269 HK$45.70 HK$30.58 -33%
Innovent Biologics, Inc 1801 HK$95.55 HK$19.68 -79%
Genmab A/S GMAB kr 2,037 kr 250.07 -88%
Sino Biopharmaceutical Limited 1177 HK$4.87 HK$3.37 -31%
RemeGen Co 688331 ¥131.87 ¥23.19 -82%
ALTEOGEN Inc 196170 317,500 KRW 39,476 KRW -88%

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Frequently asked questions

Is LAUNXP Biomedical Co (6876) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 1.27 TWD versus a price of 9.90 TWD, about −87% (overvalued).
What is the fair value of 6876?
Our model-based fair value for LAUNXP Biomedical Co is 1.27 TWD (as of Aug 13, 2026), built from audited fundamentals. The current price is 9.90 TWD.
What is the quality score of 6876?
LAUNXP Biomedical Co has a Quality Score of 38/100. 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 6876?
The net profit margin of LAUNXP Biomedical Co 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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