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PChome Online Inc (8044) Fair Value & Analysis

Consumer Cyclical · TW · Market cap 6.1B TWD

PO PChome Online Inc 8044 · TWO
Price28.15 TWD
Fair Value32.60 TWD
Upside+15.8%
Quality30/100
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Evidence: Low Range 19.82 TWD – 45.38 TWD

Fair value as of: Jul 12, 2026

From 4 valuation models · updated today

Fair value updated Jul 12, 2026 — revised from 132.06 TWD to 32.60 TWD (−75.3%) since Jun 24, 2026. Share price −10.6% over the past month.

Price vs Fair Value (12 months)

36.85 TWD 22.15 TWD Fair Value 32.60 TWD Jun 2025 Jul 2026

12‑month range 22.15 TWD – 36.85 TWD · fair‑value band 19.82 TWD – 45.38 TWD · the 28.15 TWD price screens below the 32.60 TWD fair value. As of Jul 12, 2026.

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Analysis

PChome Online Inc (8044) currently trades at 28.15 TWD, while our model-based Fair Value estimate is 32.60 TWD — implying the stock looks roughly 15.8% undervalued today. We read business quality at 30/100 (below-average quality), in the Consumer Cyclical sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: low) — always confirm before acting.

Over the trailing twelve months, PChome Online Inc generated revenue of 37.5B TWD at a net margin of -2.3%. Revenue grew 7.1% year over year. It earns a return on equity of -8.2%. Net debt stands at 3.8B TWD. Fundamentals as of Jul 12, 2026

Our scenario range runs from 19.82 TWD (bear case) to 45.38 TWD (bull case); at 28.15 TWD, the current price sits within that range. The share trades about 26% below its 52-week high and 27% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -8% fair-value upside — at 16%, 8044 screens cheaper than that median.

Key figures & financial health

Revenue (TTM) 37.5B TWD
Revenue growth (YoY) +7.1%
Net margin -2.3%
Return on equity -8.2%
Free cash flow −1.1B TWD FY2025
Operating margin 0.8%
More key figures
EPS (TTM) -4.62 TWD
EPS growth (YoY) -0.9%
Net debt 3.8B TWD FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 12, 2026. TTM = trailing twelve months.

About the company

PChome Online Inc., together with its subsidiaries, provides e-commerce, fintech, and web portal services in Taiwan. It operates through E-Commerce-Sales, Market Place, Fintech, and Other segments. The company operates PChome 24h Shopping, a B2C online shopping platform; Ruten, a C2C auction site; PChome Store, a B2B2C online business startup platform; PChome Travel, a travel e-commerce platform; PChome Global, PChome Thai, and Bibian, which are cross-border e-commerce platforms; Pi Wallet, a mobile payment solution; PChome Interpay, an electronic payment solution; PChomePay, a third-party payment system; online insurance; Cherri Tech's TapPay, which provides payment gateways; and Mamilove, an e-commerce platform. It also engages in the wholesale and retail of office machinery, equipment, and information software; software design; digital information supply; data processing; telecommunications businesses; international trade and investment activities; travel agency businesses; …

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

PChome Online Inc reported revenue of 36.9B TWD in FY2025 versus 48.6B TWD in FY2021, a compound −6.7%/yr. Reported net income was −921M TWD in FY2025.

Revenue −6.7%/yr
FY21 48.6B TWD
FY22 46.1B TWD
FY23 41.1B TWD
FY24 37.6B TWD
FY25 36.9B TWD
Net income
FY21 62.2M TWD
FY22 43.6M TWD
FY23 −660M TWD
FY24 −576M TWD
FY25 −921M TWD

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Cite: Fair Value Calculator (2026). "PChome Online Inc Fair Value". https://www.fairvalue-calculator.com/stock/8044

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Frequently asked questions

Is PChome Online Inc (8044) undervalued?
As of Jul 12, 2026, our model estimates a fair value of 32.60 TWD versus a price of 28.15 TWD — about +16% (undervalued). Model-based estimate, not financial advice.
What is the fair value of 8044?
Our model-based fair value for PChome Online Inc is 32.60 TWD (as of Jul 12, 2026), built from audited fundamentals. The current price is 28.15 TWD.
What is the quality score of 8044?
PChome Online Inc has a Quality Score of 30/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of PChome Online Inc (8044)?
PChome Online Inc reported trailing-twelve-month revenue of about 37.5B TWD (latest available figure, as of Jul 12, 2026).
What is the net profit margin of 8044?
The net profit margin of PChome Online Inc is about -2.3%, meaning it is currently running at a net loss. 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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Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.