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Groundhog Inc (6906) Fair Value & Analysis

Technology · TW · Market cap 2.3B TWD

GI Groundhog Inc 6906 · TW
Price71.00 TWD
Fair Value53.19 TWD
Upside-25.1%
Quality67/100
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Mixed Growth
Solidly profitable · 18.4% net margin
generates free cash flow
Trails peers (5/13)
Moderate moat 59/100
Evidence: High Range 39.89 TWD – 66.48 TWD Share as image

Fair value as of: Jul 21, 2026

From 25 valuation models · updated 20 days ago

Share price −11.4% over the past month.

A solid business, but screening 25% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (66.48 TWD). The favourable scenario is already priced in.
  • Solid but not exceptional quality (67/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (4 years)

211.84 TWD 59.53 TWD Fair Value 53.19 TWD Dec 2022 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 21, 2026.

How to read this chart

44‑month range 59.53 TWD – 211.84 TWD · fair‑value band 39.89 TWD – 66.48 TWD · the 71.00 TWD price screens above the 53.19 TWD fair value. Dashed = 300-day average. As of Jul 21, 2026.

Full chart & analysis →

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Analysis

Groundhog Inc (6906) currently trades at 71.00 TWD, while our model-based Fair Value estimate is 53.19 TWD, implying the stock looks roughly 25.1% overvalued today. The Quality Score stands at 67/100 (solid quality), in the Technology 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: high).

Over the trailing twelve months, Groundhog Inc generated revenue of 348M TWD at a net margin of 18.4%. Revenue grew 0.4% year over year. It earns a return on equity of 7.4%. The balance sheet holds a net cash position of 647M TWD. Fundamentals as of Jul 21, 2026

Our scenario range runs from 39.89 TWD (bear case) to 66.48 TWD (bull case); at 71.00 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 48% below its 52-week high and 18% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -25% fair-value upside, at -25%, 6906 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 18.93 TWD 20.39 TWD 22.86 TWD 76
Growth DCF 39.69 TWD 46.70 TWD 55.82 TWD 72
Gordon GGM 29.24 TWD 46.95 TWD 66.36 TWD 70
All 25 models by family
DCF Models
FCF DCF 39.19 TWD 46.75 TWD 57.01 TWD 38
Owner Earnings 43.25 TWD 52.45 TWD 64.94 TWD 31
5Y Revenue Exit 37.02 TWD 44.86 TWD 54.42 TWD 39
5Y EBITDA Exit 43.42 TWD 56.19 TWD 70.39 TWD 41
5Y P/E Exit 49.25 TWD 66.49 TWD 83.63 TWD 38
10Y Revenue Exit 37.25 TWD 44.28 TWD 52.80 TWD 36
10Y EBITDA Exit 41.60 TWD 51.75 TWD 64.12 TWD 37
10Y P/E Exit 45.15 TWD 58.53 TWD 73.50 TWD 35
Earnings-Based
Graham-Dodd 12.92 TWD 29.35 TWD 37.59 TWD 54
PEG = 1.0 4.85 TWD 6.93 TWD 9.01 TWD 46
EPV 34.29 TWD 36.47 TWD 38.34 TWD 59
Dividend Discount
Gordon GGM 29.24 TWD 46.95 TWD 66.36 TWD 70
DDM Multi-Stage 29.24 TWD 42.12 TWD 55.91 TWD 61
Multiples
P/E Multiple 39.89 TWD 53.19 TWD 66.48 TWD 63
P/S Multiple 24.22 TWD 32.29 TWD 40.37 TWD 58
P/B Multiple 24.22 TWD 32.29 TWD 40.37 TWD 55
EV/EBIT 52.60 TWD 63.30 TWD 73.99 TWD 53
EV/EBITDA 49.69 TWD 59.42 TWD 69.14 TWD 54
EV/Revenue 36.74 TWD 43.69 TWD 50.64 TWD 43
Asset-Based
NCAV (Graham) 11.29 TWD 15.13 TWD 22.58 TWD 50
Growth DCF
Growth DCF 39.69 TWD 46.70 TWD 55.82 TWD 72
Rev-Margin DCF 37.02 TWD 45.11 TWD 53.75 TWD 67
Economic Profit
Residual Income 18.93 TWD 20.39 TWD 22.86 TWD 76
ROIC Compounder 34.55 TWD 37.07 TWD 39.45 TWD 67
Growth Earnings
Growth-Adj P/E 29.42 TWD 42.03 TWD 54.64 TWD 68

Widest divergence: DCF Models (51.75 TWD) versus Asset-Based (15.13 TWD). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 348M TWD
Revenue growth (YoY) +0.4%
Net margin 18.4%
Return on equity 7.4%
Free cash flow 59.7M TWD FY2025
P/E ratio 38.0
More key figures
Operating margin 15.5%
EPS (TTM) 1.87 TWD
EPS growth (YoY) +21.1%
Net cash 647M TWD FY2025

Figures from reported company fundamentals · as of Jul 21, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 67/100

Of which business quality 67 · Market factors (momentum, volatility) 35

Profitability 49
Margins and returns on capital today
Quality Growth 26
Are margins and returns improving?
Cashflow 68
Earnings quality: real cash, not paper profit
Fin. Strength 100
Balance sheet, leverage, solvency risk
Investment 66
Disciplined investing over empire-building
Low Volatility 56
Calm price path (market factor)
Momentum 37
Price trend over the last 3–12 months (market factor)
52W Momentum 9
Distance to the 52-week high (market factor)
Net Issuance 85
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

Groundhog Inc. engages in application design, development, implementation, and installation of other information software services on intelligence platform in Taiwan, the Kingdom of Saudi Arabia, Indonesia, Africa, India, Australia, and internationally.

Full company description

Groundhog Inc. engages in application design, development, implementation, and installation of other information software services on intelligence platform in Taiwan, the Kingdom of Saudi Arabia, Indonesia, Africa, India, Australia, and internationally. The company offers CovMo, a cloud-based platform for geo-location; RealMotion, a crowd management solution that provides current and historical mobility insights into near-real-time human movement, empowering tourism, transport, urban planning professionals, as well as government authorities and public safety agencies; MI-DSP, an AI advertising platform; MI-DMP, a market intelligence platform; and DDKT, an audience analytics platform. It also provides mobile network technologies; algorithms and software system development; data mining; network optimization; big data and RAN analytics; mobility and mathematical modeling; time series analysis; cloud computing; customized research. The company was founded in 2001 and is based in Taipei, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Groundhog Inc reported revenue of 348M TWD in FY2025 versus 284M TWD in FY2021, a compound +5.3%/yr. Reported net income was 61.2M TWD in FY2025, compounding +9.5%/yr from FY2021.

Growth Quality 73/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
348M TWD
Latest YoY
−11.6%
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.
+3.6%
Avg. growth/yr (5Y) 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.
+7.3%
Avg. growth/yr (6Y) 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.
−1.4%
Revenue +5.3%/yr
FY21 284M TWD
FY22 313M TWD
FY23 371M TWD
FY24 394M TWD
FY25 348M TWD
Net income +9.5%/yr
FY21 42.6M TWD
FY22 116M TWD
FY23 110M TWD
FY24 119M TWD
FY25 61.2M TWD

6906 screens 25% overvalued. Compare with International Business Machines Corporation →

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Cite: Fair Value Calculator (2026). "Groundhog Inc Fair Value". https://www.fairvalue-calculator.com/stock/6906

Peer Group

Information Technology Services · 475 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 67 · Top 25%
Fair Value upside −25% · Below median
Return on equity (TTM) 7% · Below median
Return on assets 4% · Above median
Net margin (TTM) 18% · Top 25%
Operating margin (TTM) 15% · Top 25%
Revenue growth 0% · Below median
Dividend yield (TTM) 0.0% · Bottom 25%

Valuation Multiples vs Information Technology Services median · lower = cheaper

P/E (TTM) 38.0× · Pricier than 75% of peers
P/B 3.15× · Pricier than median
P/S (TTM) 6.58× · Pricier than 75% of peers
P/FCF 1.2× · Cheaper than median
EV/EBITDA 25.3× · Pricier than 75% of peers

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 0 · sector 21
FUTURE 2 · sector 31
PAST 30 · sector 37
HEALTH 0 · sector 97
DIVIDEND 0 · sector 37

VALUE 0: the price sits above our fair-value range.

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 Information Technology Services stocks, each showing price versus our Fair Value estimate (as of Jul 21, 2026).

Stock Price Fair Value vs Fair Value
International Business Machines Corporation IBM $235.92 $143.90 -39%
Accenture plc ACNN 2,460 MXN 250.95 MXN -90%
Infosys Limited INFY ₹1,156 ₹1,457 +26%
HCL Technologies Limited HCLTECH ₹1,204 ₹1,230 +2%
Wipro Limited WIPRO ₹178.43 ₹226.81 +27%
Tech Mahindra Limited TECHM ₹1,455 ₹1,086 -25%
Samsung SDS Co 018260 199,300 KRW 196,390 KRW -1%
Persistent Systems Limited PERSISTENT ₹5,059 ₹2,364 -53%
Hyundai Autoever Corporation 307950 393,000 KRW 133,088 KRW -66%
Coforge Limited COFORGE ₹1,541 ₹702.84 -54%

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Frequently asked questions

Is Groundhog Inc (6906) overvalued or undervalued?
As of Jul 21, 2026, our model estimates a fair value of 53.19 TWD versus a price of 71.00 TWD, about −25% (overvalued).
What is the fair value of 6906?
Our model-based fair value for Groundhog Inc is 53.19 TWD (as of Jul 21, 2026), built from audited fundamentals. The current price is 71.00 TWD.
What is the quality score of 6906?
Groundhog Inc has a Quality Score of 67/100. 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 revenue of Groundhog Inc (6906)?
Groundhog Inc reported trailing-twelve-month revenue of about 348M TWD (latest available figure, as of Jul 21, 2026).
What is the net profit margin of 6906?
The net profit margin of Groundhog Inc is about 18.4%, meaning it keeps roughly 18.4% 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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