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Andros Pharmaceuticals Co (6917) Fair Value & Analysis

Healthcare · TW · Market cap 1.8B TWD

AP Andros Pharmaceuticals Co 6917 · TWO
Price32.05 TWD
Fair Value5.23 TWD
Upside-83.7%
Quality28/100
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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 3.45 TWD – 6.53 TWD Share as image

Fair value as of: Aug 13, 2026

From 1 valuation models · updated today

Share price +0.3% over the past month.

Below-average quality, and screening another 84% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (6.53 TWD). The favourable scenario is already priced in.
  • Weak quality (28/100) 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 (3.45 TWD to 6.53 TWD) leaves room in how you read the outcome.
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Price vs Fair Value (8 months)

43.60 TWD 20.25 TWD Fair Value 5.23 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 20.25 TWD – 43.60 TWD · fair‑value band 3.45 TWD – 6.53 TWD · the 32.05 TWD price screens above the 5.23 TWD fair value. As of Aug 13, 2026.

Full chart & analysis →

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Analysis

Andros Pharmaceuticals Co (6917) currently trades at 32.05 TWD, while our model-based Fair Value estimate is 5.23 TWD, implying the stock looks roughly 83.7% overvalued today. The Quality Score stands at 28/100 (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).

The balance sheet holds a net cash position of 16.8M TWD. Fundamentals as of Aug 13, 2026

Our scenario range runs from 3.45 TWD (bear case) to 6.53 TWD (bull case); at 32.05 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 30% below its 52-week high and 60% above its 52-week low, currently above its 200-day average. For context, the median of 10 Healthcare peers we cover trades at -47% fair-value upside, at -84%, 6917 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) 4.67 TWD 6.25 TWD 9.33 TWD 50
All 1 models by family
Asset-Based
NCAV (Graham) 4.67 TWD 6.25 TWD 9.33 TWD 50

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Key figures & financial health

Free cash flow −46.4M TWD FY2025
EPS (TTM) -1.16 TWD
Net cash 16.8M TWD FY2024

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 28/100

Of which business quality 32 · Market factors (momentum, volatility) 44

Profitability 0
Margins and returns on capital today
Quality Growth 91
Are margins and returns improving?
Cashflow 8
Earnings quality: real cash, not paper profit
Fin. Strength 83
Balance sheet, leverage, solvency risk
Investment 5
Disciplined investing over empire-building
Low Volatility 1
Calm price path (market factor)
Momentum 65
Price trend over the last 3–12 months (market factor)
52W Momentum 55
Distance to the 52-week high (market factor)
Net Issuance 0
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

Andros Pharmaceuticals Co.,Ltd, a biopharmaceutical company, engages in developing novel drug delivery platform technologies.

Full company description

Andros Pharmaceuticals Co.,Ltd, a biopharmaceutical company, engages in developing novel drug delivery platform technologies. The company develops APC101, a fast-drying, film-forming, and meter-dosed spray, which is in Phase IIa clinical trial to treat pain associated with post-herpetic neuralgia; APC201, a novel dosage form of topical anesthetic that is in Phase I/II clinical trial for treatment of Osteoarthritis; and siRNA, an anti-sense oligonucleotide and DNA candidate. Its preclinical phase products are APC310 and APC501 for anesthesia to intravenous catheter placement and venipuncture; and APC401, a special emulsified solution for anesthesia of post-surgery pain. The company offers LALP cream for dermal analgesic applications; iMinos solution for Alopecia Androgenetica; and T4 endonuclease V. Andros Pharmaceuticals Co.,Ltd was founded in 2008 and is based in Zhubei, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Andros Pharmaceuticals Co reported revenue of 5.5M TWD in FY2025 versus 13.3M TWD in FY2021, a compound −19.7%/yr. Reported net income was −53.8M TWD in FY2025.

Growth Quality 30/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
5.5M TWD
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.
+48.0%
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.
+11.2%
Revenue −19.7%/yr
FY21 13.3M TWD
FY22 1.7M TWD
FY23 805K TWD
FY24 203K TWD
FY25 5.5M TWD
Net income
FY21 −37.1M TWD
FY22 −41.2M TWD
FY23 −68.2M TWD
FY24 −78.3M TWD
FY25 −53.8M TWD

6917 screens 84% overvalued. Compare with Vertex Pharmaceuticals Incorporated →

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Cite: Fair Value Calculator (2026). "Andros Pharmaceuticals Co Fair Value". https://www.fairvalue-calculator.com/stock/6917

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 32 · Bottom 25%
Fair Value upside −84% · 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 0.11× · 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 Andros Pharmaceuticals Co (6917) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 5.23 TWD versus a price of 32.05 TWD, about −84% (overvalued).
What is the fair value of 6917?
Our model-based fair value for Andros Pharmaceuticals Co is 5.23 TWD (as of Aug 13, 2026), built from audited fundamentals. The current price is 32.05 TWD.
What is the quality score of 6917?
Andros Pharmaceuticals Co has a Quality Score of 28/100. 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 6917?
The net profit margin of Andros Pharmaceuticals 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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