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Carilex Medical, Inc (7726) Fair Value & Analysis

Healthcare · TW · Market cap 649M TWD

CM Carilex Medical, Inc 7726 · TWO
Price32.15 TWD
Fair Value22.35 TWD
Upside-30.5%
Quality40/100
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Weak Growth
Thin margins · 0.0% net margin
generates free cash flow
Trails peers (3/10)
Moderate moat 49/100
Evidence: Low Range 16.46 TWD – 28.23 TWD Share as image

Fair value as of: Jul 23, 2026

From 7 valuation models · updated 18 days ago

Share price +0.9% over the past month.

Below-average quality, and screening another 30% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (28.23 TWD). The favourable scenario is already priced in.
  • Weak quality (40/100) 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.
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Price vs Fair Value (8 months)

41.90 TWD 30.70 TWD Fair Value 22.35 TWD Dec 2025 Aug 2026

White line = price, green steps = our fair value per fiscal year. As of Jul 23, 2026.

How to read this chart

8‑month range 30.70 TWD – 41.90 TWD · fair‑value band 16.46 TWD – 28.23 TWD · the 32.15 TWD price screens above the 22.35 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Jul 23, 2026.

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Analysis

Carilex Medical, Inc (7726) currently trades at 32.15 TWD, while our model-based Fair Value estimate is 22.35 TWD, implying the stock looks roughly 30.5% overvalued today. The Quality Score stands at 40/100 (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 65.2M TWD. Fundamentals as of Jul 23, 2026

Our scenario range runs from 16.46 TWD (bear case) to 28.23 TWD (bull case); at 32.15 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 23% below its 52-week high and 4% above its 52-week low, currently below its 200-day average. For context, the median of 10 Healthcare peers we cover trades at -22% fair-value upside, at -30%, 7726 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
Growth DCF 25.92 TWD 30.07 TWD 36.49 TWD 72
Rev-Margin DCF 25.69 TWD 32.57 TWD 41.01 TWD 67
NCAV (Graham) 7.16 TWD 9.60 TWD 14.33 TWD 50
All 7 models by family
DCF Models
FCF DCF 25.45 TWD 29.83 TWD 37.17 TWD 38
5Y Revenue Exit 25.69 TWD 32.19 TWD 41.62 TWD 39
10Y Revenue Exit 25.14 TWD 29.63 TWD 34.41 TWD 36
Multiples
EV/Revenue 27.20 TWD 34.12 TWD 41.05 TWD 43
Asset-Based
NCAV (Graham) 7.16 TWD 9.60 TWD 14.33 TWD 50
Growth DCF
Growth DCF 25.92 TWD 30.07 TWD 36.49 TWD 72
Rev-Margin DCF 25.69 TWD 32.57 TWD 41.01 TWD 67

Widest divergence: Multiples (34.12 TWD) versus Asset-Based (9.60 TWD). Highest evidence: Growth DCF (72).

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Key figures & financial health

Free cash flow 36.0M TWD FY2025
EPS (TTM) -1.43 TWD
Net cash 65.2M TWD FY2024

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

Quality Score breakdown

Overall quality 40/100

Of which business quality 42 · Market factors (momentum, volatility) 43

Profitability 15
Margins and returns on capital today
Quality Growth 1
Are margins and returns improving?
Cashflow 59
Earnings quality: real cash, not paper profit
Fin. Strength 83
Balance sheet, leverage, solvency risk
Investment 72
Disciplined investing over empire-building
Low Volatility 82
Calm price path (market factor)
Momentum 32
Price trend over the last 3–12 months (market factor)
52W Momentum 17
Distance to the 52-week high (market factor)
Net Issuance 11
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

Carilex Medical, Inc. engages in the research and development, manufacture, and sale of medical devices for wound care management worldwide. It offers support surfaces, chair cushions, and negative pressure wound therapy products to prevent and manage pressure sores and wounds. The company was founded in 1985 and is headquartered in Taoyuan City, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Carilex Medical, Inc reported revenue of 339M TWD in FY2025 versus 388M TWD in FY2021, a compound −3.3%/yr. Reported net income was −29.0M TWD in FY2025.

Growth Quality 27/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
339M TWD
Latest YoY
−3.7%
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.
+0.3%
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.
−0.5%
Revenue −3.3%/yr
FY21 388M TWD
FY22 335M TWD
FY23 466M TWD
FY24 352M TWD
FY25 339M TWD
Net income
FY21 32.3M TWD
FY22 28.9M TWD
FY23 44.4M TWD
FY24 13.5M TWD
FY25 −29.0M TWD

7726 screens 30% overvalued. Compare with Abbott Laboratories, →

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Cite: Fair Value Calculator (2026). "Carilex Medical, Inc Fair Value". https://www.fairvalue-calculator.com/stock/7726

Peer Group

Medical Devices · 352 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 40 · Bottom 25%
Fair Value upside −31% · Above median
Return on assets 0% · Below median
Net margin (TTM) 0% · Below median
Operating margin (TTM) 0% · Below median
Revenue growth 0% · Below median
Dividend yield (TTM) 0.0% · Bottom 25%

Valuation Multiples vs Medical Devices median · lower = cheaper

P/B 0.07× · Cheaper than 75% of peers
P/FCF 0.6× · 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 Medical Devices stocks, each showing price versus our Fair Value estimate (as of Jul 23, 2026).

Stock Price Fair Value vs Fair Value
Abbott Laboratories, ABT $100.68 $74.79 -26%
Stryker Corporation SYK $316.44 $186.28 -41%
Medtronic plc MDT $83.56 $65.57 -22%
Boston Scientific Corporation BSX $43.04 $38.44 -11%
Edwards Lifesciences Corporation EW $85.73 $41.02 -52%
Siemens Healthineers AG SHL €34.59 €33.87 -2%
Shenzhen Mindray Bio-Medical Electronics Co 300760 ¥149.43 ¥147.63 -1%
Shanghai United Imaging Healthcare Co 688271 ¥109.00 ¥43.60 -60%
Demant A/S DEMANT kr 276.60 kr 161.17 -42%
Getinge AB GETIB kr 206.80 kr 192.14 -7%

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Frequently asked questions

Is Carilex Medical, Inc (7726) overvalued or undervalued?
As of Jul 23, 2026, our model estimates a fair value of 22.35 TWD versus a price of 32.15 TWD, about −30% (overvalued).
What is the fair value of 7726?
Our model-based fair value for Carilex Medical, Inc is 22.35 TWD (as of Jul 23, 2026), built from audited fundamentals. The current price is 32.15 TWD.
What is the quality score of 7726?
Carilex Medical, Inc has a Quality Score of 40/100. 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 7726?
The net profit margin of Carilex Medical, Inc 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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