ACpay Co., Ltd. (6984) fair value: what the stock is really worth
As of Sep 24, 2026: fair value of ACpay Co., Ltd. TWD 3.66, price TWD 15.10, upside -75.7%, quality 21 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Watch ACpay Co., Ltd. for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.Watch for freePro now: $1 first month
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 Sep 24, 2026.
How to read this chart
10‑month range 14.00 TWD – 31.15 TWD · fair‑value band 2.74 TWD – 5.47 TWD · the 15.10 TWD price screens above the 3.66 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Sep 24, 2026.
Follow ACpay Co. in your weekly email
Every Wednesday you see whether ACpay Co. is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
ACpay Co., Ltd. researches and develops payment gateway system. It also offers de-identified digital identity certification system, digital asset certification system, machine learning recommendation system, merchant public opinion analysis system, and automated account processing system. The company was founded in 2020 and is based in Taipei, Taiwan.
Stock analysis
ACpay Co., Ltd. (6984) currently trades at 15.10 TWD, while our model-based Fair Value estimate is 3.66 TWD, implying the stock looks roughly 312.2% overvalued today.
Show more
Valuation
How firm this estimate is: it rests on 1 models at a data quality of 95/100, which puts the evidence level at low.
Scenario range: 2.74 TWD (bear) to 5.47 TWD (bull), the price of 15.10 TWD sits above 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 21/100 (below-average quality), in the Technology sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
ACpay Co., Ltd. reported revenue of 147M TWD in FY2025 versus 10.8M TWD in FY2021, a compound +92.0%/yr. Reported net income was −83.2M TWD in FY2025.
Key figures
Market cap 340M TWD (≈ $10.7M) · EPS (TTM) −5.30 TWD · Net margin −56.5% · Return on assets (EBIT) −13.1% · Free cash flow −17.2M TWD · Net debt 40.6M TWD.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 32 out of 100 (medium confidence).
What moves the price
For context, the median of 10 Technology peers we cover trades at −19% fair-value upside, at −76%, 6984 screens richer than that median.
Fair Value models
Bear 2.74 TWDFair Value 3.66 TWDBull 5.47 TWD
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single 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 ⓘEvidence = 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.44/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+0.8%
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.
+24.7%
Revenue growth 5 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.
+193.4%
Start year 2020 (pandemic)
’20
’21
’22
’23
’24
’25
Profit margin (trend) ⓘ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.
−32.2% (2020) → −8.0% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
Price, fair value, quality and upside side by side.
Free, no sign-up
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.Software - Infrastructure · 383 stocks
Beats the industry median on 1/8 measures
Overall it trails its industry peers.
Valuation
Quality Score20 · Bottom 25%
Fair Value upside−77% · Bottom 25%
Profitability
Return on assets0% · Below median
Net margin (TTM)−56% · Bottom 25%
Operating margin (TTM)0% · Below median
Growth and dividend
Revenue growth0% · Below median
Balance sheet
Debt / equity0.73× · Highest 25%
Valuation Multiplesvs Software - Infrastructure median · lower = cheaper
P/B0.08× · Cheapest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 16
FUTURE (revenue growth)0· sector 48
PAST (return on equity)0· sector 18
HEALTH (low debt)64· sector 97
DIVIDEND (yield)0· sector 33
VALUE 0: the price sits above our fair-value range.
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.
Is ACpay Co., Ltd. (6984) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of 3.66 TWD versus a price of 15.10 TWD, about −76% upside (overvalued).
What is the fair value of 6984?
Our model-based fair value for ACpay Co., Ltd. is 3.66 TWD (as of Sep 24, 2026), built from audited fundamentals. The current price: 15.10 TWD.
What is the quality score of 6984?
ACpay Co., Ltd. has a Quality Score of 21/100. 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 ACpay Co., Ltd. (6984)?
Our model-based price target is the fair value of 3.66 TWD (as of Sep 24, 2026) from 1 valuation models. Cautious scenario 2.74 TWD, optimistic scenario 5.47 TWD. It is a calculation from audited fundamentals, not an analyst target.
What is the ACpay Co., Ltd. stock forecast for 2026?
Our models put fair value at 3.66 TWD, about −76% upside versus a price of 15.10 TWD (overvalued). Cautious scenario 2.74 TWD, optimistic scenario 5.47 TWD. The calculation is refreshed regularly with new filings.
What is the intrinsic value of ACpay Co., Ltd. (6984)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For ACpay Co., Ltd. it is 3.66 TWD per share (as of Sep 24, 2026), against a price of 15.10 TWD. It is the blended result of 1 valuation models (cash flow, earnings, asset, dividend).
Is ACpay Co., Ltd. stock overvalued or undervalued in 2026?
As of Sep 24, 2026, 6984 trades above its calculated fair value: price 15.10 TWD, fair value 3.66 TWD, a gap of about −76% (overvalued). 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 6984?
No. The price is what the market pays today (15.10 TWD); the fair value is what the company's own numbers justify (3.66 TWD). For ACpay Co., Ltd. the two are 11.44 TWD per share apart. That gap is exactly why we show both numbers side by side.
How much is ACpay Co., Ltd. worth?
The market values ACpay Co., Ltd. at about 340M TWD (market capitalisation, as of Sep 24, 2026). Per share that is 15.10 TWD; our models calculate a fair value of 3.66 TWD per share.
What do the bullish and bearish scenarios say about 6984?
Our models span a range for ACpay Co., Ltd.: cautious scenario 2.74 TWD, base 3.66 TWD, optimistic 5.47 TWD per share (as of Sep 24, 2026, price 15.10 TWD). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of ACpay Co., Ltd. (6984)?
Balance-sheet figures for ACpay Co., Ltd. (as of Sep 24, 2026): debt of 0.73 per unit of equity. They feed the Quality Score of 21/100, which measures business quality independently of the share price.
Which stocks are comparable to ACpay Co., Ltd.?
From the same area (Technology) we also value Microsoft Corporation, Oracle Corporation, Palantir Technologies Inc, Palo Alto Networks, 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 ACpay Co., Ltd. stock attractive at the current price?
The data as of Sep 24, 2026: price 15.10 TWD, calculated fair value 3.66 TWD (−76%), Quality Score 21/100, from 1 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 6984 calculated?
We run ACpay Co., Ltd. through 1 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of 3.66 TWD, 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 13.0 % above its aggregate fair value. ACpay Co., Ltd. itself currently trades above fair value. 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 ACpay Co., Ltd. (6984)?
The closing price on Sep 24, 2026 was 15.10 TWD. Our model-based fair value is 3.66 TWD, about −76% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with ACpay Co., Ltd. right now?
The price sits above even our optimistic bull case (5.47 TWD). The favourable scenario is already priced in. Weak quality (21/100) 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 (2.74 TWD to 5.47 TWD) leaves room in how you read the outcome.
Key figures of ACpay Co., Ltd.
How large is the market capitalisation of ACpay Co., Ltd. (6984)?
The market capitalisation of ACpay Co., Ltd. is 340M TWD (≈ $10.7M). 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 are the earnings per share of ACpay Co., Ltd. (6984)?
Earnings per share at ACpay Co., Ltd. are −5.30 TWD. Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of ACpay Co., Ltd. (6984)?
The net margin of ACpay Co., Ltd. is −56.5% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the EBIT return on assets of ACpay Co., Ltd. (6984)?
On an EBIT basis the return on assets of ACpay Co., Ltd. is −13.1% (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.
How much free cash flow does ACpay Co., Ltd. (6984) generate?
The free cash flow of ACpay Co., Ltd. is −17.2M TWD (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does ACpay Co., Ltd. (6984) carry?
The net debt of ACpay Co., Ltd. is 40.6M TWD (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch ACpay Co., Ltd. in the live analysis
One click puts ACpay Co., Ltd. on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
