Apex Material Technology Corp. (6899) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Apex Material Technology Corp. stock TWD 66.59, price TWD 45.80, upside +45.4%, quality 71 out of 100. Rating: undervalued. Calculated from audited financials with 24 of our 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
52‑month range 43.65 TWD – 77.39 TWD · fair‑value band 50.24 TWD – 88.24 TWD · the 45.80 TWD price screens below the 66.59 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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Apex Material Technology Corp., together with its subsidiaries, manufactures resistive and projected capacitive touch screens, and PenMount touch screen controllers for the industrial, medical, and commercial sectors in Taiwan.
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It offers Sigma touchscreen displays; touch screen display solutions; open frame touch screen monitors; epaper display solutions; projected capacitive touch screen solutions; resistive touch screen solutions; and glass coating materials.
The company was founded in 1998 and is headquartered in Keelung, Taiwan.
Stock analysis
Apex Material Technology Corp. (6899) currently trades at 45.80 TWD, while our model-based Fair Value estimate is 66.59 TWD, implying the stock looks roughly 31% undervalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of 113.55 TWD per share, and 18 of the 24 models we run sit above the 45.80 TWD price.
Bear case: the Asset-Based group reads lowest at 17.48 TWD, and 6 of the 24 models stay below the price. Data coverage for this calculation is high.
Scenario range: 50.24 TWD (bear) to 88.24 TWD (bull), the price of 45.80 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 71/100 (solid quality), in the Technology sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Apex Material Technology Corp. reported revenue of 1.2B TWD in FY2025 versus 1.3B TWD in FY2021, a compound −2.0%/yr. Reported net income was 151M TWD in FY2025, compounding −5.5%/yr from FY2021.
Key figures
Market cap 1.9B TWD (≈ $58.4M) Micro · P/E ratio 10.3 · P/S ratio 1.63 · EPS (TTM) 4.43 TWD · Dividend yield 6.1% · Net margin 15.8% · Return on equity 10.2% · Return on assets (EBIT) 10.3% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 55 out of 100 (low confidence).
What moves the price
The share trades about 27% below its 52-week high and at its 52-week low, currently below its 200-day average.
For context, the median of 10 Technology peers we cover trades at −7% fair-value upside, at 45%, 6899 screens cheaper than that median.
Fair Value models
Bear50.24 TWDFair Value 66.59 TWDBull88.24 TWD
Price 45.80 TWD · Upside +45.4%
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 (1.40 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.40/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
+27.1%
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.
−5.4%
’21
’22
’23
’24
’25
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.
+0.1%
Earnings growth per share plus dividend.
Earnings per share, growth per year−6.0%
Dividend (yield on the price)6.1%
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.20% → 18%
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).
+1.0%
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 −0.5% a year for the price.
Compare Apex Material Technology Corp. 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.Electronic Components · 653 stocks
Beats the industry median on 12/14 measures
Overall it ranks above its industry peers.
Valuation
Quality Score71 · Top 25%
Fair Value upside+45.4% · Top 25%
Profitability
Return on equity (12 months)10.2% · Above median
Return on assets6.5% · Top 25%
Net margin (12 months)15.8% · Top 25%
Operating margin (12 months)15.2% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)−0.8% · Below median
Dividend yield (12 months)6.1% · Top 25%
Balance sheet
Debt / equity0.10× · Above median
Valuation Multiplesvs Electronic Components median · lower = cheaper
P/E (12 months)10.3× · Cheapest 25%
P/B1.02× · Cheapest 25%
P/S (12 months)1.63× · Cheaper than median
Price / free cash flow (fiscal year)13.8× · Cheaper than median
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). "Apex Material Technology Corp. Fair Value". https://www.fairvalue-calculator.com/stock/6899
Frequently asked questions
Is Apex Material Technology Corp. (6899) overvalued or undervalued?
As of Nov 9, 2026, our model estimates a fair value of 66.59 TWD versus a price of 45.80 TWD, about +45% upside (undervalued).
What is the fair value of 6899?
Our model-based fair value for Apex Material Technology Corp. is 66.59 TWD (as of Nov 9, 2026), built from audited fundamentals. The current price: 45.80 TWD.
What is the quality score of 6899?
Apex Material Technology Corp. has a Quality Score of 71/100. 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 Apex Material Technology Corp. (6899)?
Our model-based price target is the fair value of 66.59 TWD (as of Nov 9, 2026) from 24 valuation models. Cautious scenario 50.24 TWD, optimistic scenario 88.24 TWD. It is a calculation from audited fundamentals, not an analyst target.
What is the Apex Material Technology Corp. stock forecast for 2026?
Our models put fair value at 66.59 TWD, about +45% upside versus a price of 45.80 TWD (undervalued). Cautious scenario 50.24 TWD, optimistic scenario 88.24 TWD. The calculation is refreshed regularly with new filings.
What is the revenue of Apex Material Technology Corp. (6899)?
Apex Material Technology Corp. reported trailing-twelve-month revenue of about 1.2B TWD (latest available figure, as of Nov 9, 2026).
Does Apex Material Technology Corp. pay a dividend?
Apex Material Technology Corp. currently shows a dividend yield of 6.11% relative to its recent price (as of Nov 9, 2026).
How much is the dividend of Apex Material Technology Corp. (6899) and when is the ex-dividend date?
Apex Material Technology Corp. pays a dividend of 2.80 TWD per share a year, a dividend yield of 6.1%. The last ex-dividend date was Jul 9, 2026. The payout ratio is 63.2% of earnings. Free cash flow covers the dividend 1.19 times. Our assessment: Sustainable. Payout and cash coverage both look sustainable.
What growth is priced into Apex Material Technology Corp. (6899)?
For today's price to be fair in a discounted-cash-flow model, Apex Material Technology Corp. would have to grow free cash flow by +1.0 % per year for five years (discount rate 11.8 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 4 years revenue grew -2.0 % per year. As of Nov 9, 2026.
What discount rate (WACC) does the fair value of 6899 use?
Our models discount Apex Material Technology Corp. at 11.8 %: a base by market capitalisation (micro), damped by beta 0.54, 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 Apex Material Technology Corp. that is +1.0 % 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 Apex Material Technology Corp. (6899) delivered so far?
Over the past 4 years revenue at Apex Material Technology Corp. grew -2.0 % a year. The price currently implies free-cash-flow growth of +1.0 % 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 Apex Material Technology Corp. (6899) growing?
The median revenue growth in the sector is +16.8 % a year. That is the yardstick for the growth priced into Apex Material Technology Corp. (+1.0 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Apex Material Technology Corp. (6899)?
The free-cash-flow yield on the price is 7.27 %: that much free cash flow Apex Material Technology Corp. 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 Apex Material Technology Corp. (6899)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Apex Material Technology Corp. it is 66.59 TWD per share (as of Nov 9, 2026), against a price of 45.80 TWD. It is the blended result of 24 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Apex Material Technology Corp. stock overvalued or undervalued in 2026?
As of Nov 9, 2026, 6899 trades below its calculated fair value: price 45.80 TWD, fair value 66.59 TWD, a gap of about +45% (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 6899?
No. The price is what the market pays today (45.80 TWD); the fair value is what the company's own numbers justify (66.59 TWD). For Apex Material Technology Corp. the two are 20.79 TWD per share apart. That gap is exactly why we show both numbers side by side.
How much is Apex Material Technology Corp. worth?
The market values Apex Material Technology Corp. at about 1.9B TWD (market capitalisation, as of Nov 9, 2026). Per share that is 45.80 TWD; our models calculate a fair value of 66.59 TWD per share.
What do the bullish and bearish scenarios say about 6899?
Our models span a range for Apex Material Technology Corp.: cautious scenario 50.24 TWD, base 66.59 TWD, optimistic 88.24 TWD per share (as of Nov 9, 2026, price 45.80 TWD). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 6899?
Apex Material Technology Corp. trades at a price-to-earnings ratio of 10.3 (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 66.59 TWD is built from several models across several years. Other multiples: P/B 1.0, P/S 1.6, EV/EBITDA 6.0.
How solid is the balance sheet of Apex Material Technology Corp. (6899)?
Balance-sheet figures for Apex Material Technology Corp. (as of Nov 9, 2026): return on equity 10.2%, debt of 0.10 per unit of equity. They feed the Quality Score of 71/100, which measures business quality independently of the share price.
How far is 6899 from its 52-week high?
Apex Material Technology Corp. trades at 45.80 TWD, about 27% below its 52-week high of 62.92 TWD and at the low of 45.80 TWD (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 66.59 TWD is for.
Which stocks are comparable to Apex Material Technology Corp.?
From the same area (Technology) we also value Amphenol Corporation, Hon Hai Precision Industry Co, Corning Incorporated, Delta Electronics, 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 Apex Material Technology Corp. stock attractive at the current price?
The data as of Nov 9, 2026: price 45.80 TWD, calculated fair value 66.59 TWD (+45%), Quality Score 71/100, from 24 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 6899 calculated?
We run Apex Material Technology Corp. through 24 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 66.59 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. Apex Material Technology Corp. currently trades 31% 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 Apex Material Technology Corp. (6899)?
The closing price on Nov 6, 2026 was 45.80 TWD. Our model-based fair value is 66.59 TWD, about +45% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Apex Material Technology Corp. right now?
The price is below even our cautious bear case (50.24 TWD). The market is more pessimistic than our downside scenario. Solid quality (71/100) at a price below fair value, the discount is the argument here, not the business quality.
Key figures of Apex Material Technology Corp.
How large is the market capitalisation of Apex Material Technology Corp. (6899)?
The market capitalisation of Apex Material Technology Corp. is 1.9B TWD (≈ $58.4M). 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 Apex Material Technology Corp. (6899)?
The price-to-sales ratio of Apex Material Technology Corp. is 1.63 (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 Apex Material Technology Corp. (6899)?
Earnings per share at Apex Material Technology Corp. are 4.43 TWD (price ÷ EPS = P/E 10.3). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Apex Material Technology Corp. (6899)?
The dividend yield of Apex Material Technology Corp. is 6.1% (payout 63.2%). 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 Apex Material Technology Corp. (6899)?
The net margin of Apex Material Technology Corp. is 15.8% (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 Apex Material Technology Corp. (6899)?
The return on equity (ROE) of Apex Material Technology Corp. is 10.2% (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 Apex Material Technology Corp. (6899)?
On an EBIT basis the return on assets of Apex Material Technology Corp. is 10.3% (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 Apex Material Technology Corp. (6899)?
The operating margin of Apex Material Technology Corp. is 15.2% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Apex Material Technology Corp. (6899)?
Revenue at Apex Material Technology Corp. is growing −0.8% versus a year earlier (3y avg −5.4%). 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 Apex Material Technology Corp. (6899)?
Earnings per share at Apex Material Technology Corp. are growing +225% versus a year earlier. How much earnings per share grew versus a year earlier.
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Broad data
Nov 9, 2026