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LINE Pay Taiwan Limited (7722) Fair Value & Analysis

Technology · TW · Market cap 21.2B TWD

LP LINE Pay Taiwan Limited 7722 · TW
Price301.50 TWD
Fair Value277.73 TWD
Upside-7.9%
Quality45/100
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Expensive Growth
Thin margins · 5.9% net margin
negative free cash flow
0.48% dividend yield
Mixed vs. peers (7/12)
Narrow moat 31/100
Evidence: High Range 208.30 TWD – 347.17 TWD Share as image

Fair value as of: Jul 23, 2026

From 17 valuation models · updated 17 days ago

Share price −4.6% over the past month.

Below-average quality, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • Our model range runs from 208.30 TWD (bear) to 347.17 TWD (bull), base 277.73 TWD. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 45/100 (below-average quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (3 years)

974.10 TWD 239.87 TWD Fair Value 277.73 TWD Jan 2024 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 23, 2026.

How to read this chart

30‑month range 239.87 TWD – 974.10 TWD · fair‑value band 208.30 TWD – 347.17 TWD · the 301.50 TWD price screens above the 277.73 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 23, 2026.

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Analysis

LINE Pay Taiwan Limited (7722) currently trades at 301.50 TWD, while our model-based Fair Value estimate is 277.73 TWD, implying the stock looks roughly 7.9% fairly valued today. The Quality Score stands at 45/100 (below-average 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, LINE Pay Taiwan Limited generated revenue of 8.2B TWD at a net margin of 5.9%. Revenue grew 15.5% year over year. It earns a return on equity of 4.5%. The stock trades on a trailing P/E of 46.4. Fundamentals as of Jul 23, 2026

Our scenario range runs from 208.30 TWD (bear case) to 347.17 TWD (bull case); at 301.50 TWD, the current price sits within 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 62% below its 52-week high and 20% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -50% fair-value upside, at -8%, 7722 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 BearBaseBull Evidence
Highest evidence
Residual Income 114.72 TWD 114.91 TWD 107.63 TWD 76
Gordon GGM 13.12 TWD 27.27 TWD 43.27 TWD 70
Growth-Adj P/E 225.91 TWD 322.73 TWD 419.55 TWD 68
All 17 models by family
DCF Models
Owner Earnings 217.91 TWD 323.74 TWD 545.92 TWD 31
Earnings-Based
Graham-Dodd 48.32 TWD 336.99 TWD 472.92 TWD 54
Lynch FV 151.42 TWD 216.31 TWD 281.21 TWD 50
PEG = 1.0 151.42 TWD 216.31 TWD 281.21 TWD 46
EPV 197.00 TWD 207.35 TWD 216.40 TWD 59
Dividend Discount
Gordon GGM 13.12 TWD 27.27 TWD 43.27 TWD 70
DDM Multi-Stage 13.12 TWD 23.00 TWD 28.62 TWD 61
Multiples
P/E Multiple 149.23 TWD 198.97 TWD 248.72 TWD 63
P/S Multiple 90.60 TWD 120.81 TWD 151.01 TWD 58
P/B Multiple 90.60 TWD 120.81 TWD 151.01 TWD 55
EV/EBIT 283.42 TWD 332.91 TWD 382.40 TWD 53
EV/EBITDA 287.89 TWD 338.87 TWD 389.86 TWD 54
EV/Revenue 210.00 TWD 242.17 TWD 274.34 TWD 43
Asset-Based
NCAV (Graham) 75.63 TWD 101.34 TWD 151.25 TWD 50
Economic Profit
Residual Income 114.72 TWD 114.91 TWD 107.63 TWD 76
ROIC Compounder 215.50 TWD 257.36 TWD 314.25 TWD 67
Growth Earnings
Growth-Adj P/E 225.91 TWD 322.73 TWD 419.55 TWD 68

Widest divergence: DCF Models (323.74 TWD) versus Dividend Discount (23.00 TWD). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) 8.2B TWD
Revenue growth (YoY) +15.5%
Net margin 5.9%
Return on equity 4.5%
Free cash flow −29.1M TWD FY2025
P/E ratio 46.4
More key figures
Operating margin 5.2%
EPS (TTM) 7.19 TWD
Dividend yield 0.4%
EPS growth (YoY) -17.0%

Figures from reported company fundamentals · as of Jul 23, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 45/100

Of which business quality 47 · Market factors (momentum, volatility) 32

Profitability 27
Margins and returns on capital today
Quality Growth 63
Are margins and returns improving?
Cashflow 13
Earnings quality: real cash, not paper profit
Fin. Strength 90
Balance sheet, leverage, solvency risk
Investment 29
Disciplined investing over empire-building
Low Volatility 69
Calm price path (market factor)
Momentum 23
Price trend over the last 3–12 months (market factor)
52W Momentum 7
Distance to the 52-week high (market factor)
Net Issuance 60
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

LINE Pay Taiwan Limited offers data processing, electronic information supply, and third-party payment services in Taiwan. It also offers smart mobile payment services. The company was founded in 2015 and is based in Taipei, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

LINE Pay Taiwan Limited reported revenue of 7.9B TWD in FY2025 versus 2.1B TWD in FY2021, a compound +39.3%/yr. Reported net income was 507M TWD in FY2025, compounding +36.4%/yr from FY2021.

Growth Quality 58/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
7.9B TWD
Latest YoY
+25.0%
Avg. growth/yr (3Y)
+26.8%
Revenue +39.3%/yr
FY21 2.1B TWD
FY22 3.9B TWD
FY23 4.9B TWD
FY24 6.3B TWD
FY25 7.9B TWD
Net income +36.4%/yr
FY21 147M TWD
FY22 440M TWD
FY23 482M TWD
FY24 647M TWD
FY25 507M TWD

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Cite: Fair Value Calculator (2026). "LINE Pay Taiwan Limited Fair Value". https://www.fairvalue-calculator.com/stock/7722

Peer Group

Software - Infrastructure · 368 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 45 · Below median
Fair Value upside −8% · Above median
Return on equity (TTM) 5% · Above median
Return on assets 2% · Above median
Net margin (TTM) 6% · Above median
Operating margin (TTM) 5% · Above median
Revenue growth 16% · Above median
Dividend yield (TTM) 0.5% · Below median

Valuation Multiples vs Software - Infrastructure median · lower = cheaper

P/E (TTM) 43.4× · Pricier than median
P/B 1.97× · Cheaper than median
P/S (TTM) 2.61× · Pricier than median
EV/EBITDA 18.3× · Pricier than median

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 23 · sector 0
FUTURE 78 · sector 46
PAST 18 · sector 15
HEALTH 0 · sector 99
DIVIDEND 10 · sector 28

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 Software - Infrastructure stocks, each showing price versus our Fair Value estimate (as of Jul 23, 2026).

Stock Price Fair Value vs Fair Value
Microsoft Corporation MSFT $384.00 $274.17 -29%
Oracle Corporation ORAC C$9.08 C$2.94 -68%
Fortinet, Inc FTNT $160.78 $44.96 -72%
Synopsys, Inc 1SNPS €354.50 €93.61 -74%
Block, Inc XYZ A$114.53 A$70.69 -38%
CoreWeave, Inc CRWV $79.94 $44.89 -44%
Range Intelligent Computing Technology Group 300442 ¥71.60 ¥34.00 -53%
Oracle Financial Services Software Limited OFSS ₹11,651 ₹5,821 -50%
360 Security Technology Inc 601360 ¥9.64 ¥5.05 -48%
One97 Communications Limited PAYTM ₹1,342 ₹181.50 -86%

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Frequently asked questions

Is LINE Pay Taiwan Limited (7722) overvalued or undervalued?
As of Jul 23, 2026, our model estimates a fair value of 277.73 TWD versus a price of 301.50 TWD, about −8% (fairly valued).
What is the fair value of 7722?
Our model-based fair value for LINE Pay Taiwan Limited is 277.73 TWD (as of Jul 23, 2026), built from audited fundamentals. The current price is 301.50 TWD.
What is the quality score of 7722?
LINE Pay Taiwan Limited has a Quality Score of 45/100. 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 LINE Pay Taiwan Limited (7722)?
LINE Pay Taiwan Limited reported trailing-twelve-month revenue of about 8.2B TWD (latest available figure, as of Jul 23, 2026).
What is the net profit margin of 7722?
The net profit margin of LINE Pay Taiwan Limited is about 5.9%, meaning it keeps roughly 5.9% of revenue as net income. Based on the latest reported figures.
Does LINE Pay Taiwan Limited pay a dividend?
LINE Pay Taiwan Limited currently shows a dividend yield of about 0.40% relative to its recent price (as of Jul 23, 2026).

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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