Perfect Corp. (PERFF) stock analysis
Close on Oct 9, 2026Market cap –P/E 0.0Yield –
StockData Score
Prices as of Nov 4, 2026How the score works
Weak8 of 30 checks passed
Perfect passes 8 of the 30 checks behind our score; 19 could not be run for lack of data and count as not passed. Each dot in the shape is one check — hover it for the numbers.
- Valuation
- 0/6
- Growth
- 2/6
- Past performance
- 2/6
- Financial health
- 4/6
- Dividend
- 0/6
What stands out
No debt
Perfect has no borrowings on its latest balance sheet.
Revenue growing 10%+ a year
Revenue grew 13.5% a year over the last three fiscal years.
Debt covered by cash flow
There is no debt to cover.
Growing faster than the industry
Revenue grew 14.9% over the last twelve months; the Computer Programming, Data Processing, and Other Computer Related Services median is 10.2%.
What to watch
Interest not well covered
Operating income covers interest expense -108.0 times; we look for at least 5.
Gross margin slipping
Gross margin was 77.4% over the last twelve months, against 78.0% a year earlier.
No dividend
Perfect has not paid a dividend in the last twelve months.
Valuation0/6
P/E against its history
Not enough price and earnings history to compare.
P/E against the industry
Needs positive earnings and enough profitable companies in the industry.
EV/EBITDA against its history
Needs positive EBITDA and price history.
P/B against the industry
Needs positive book value.
Price against fair value
We could not estimate a fair value: it needs at least two valuation methods with positive inputs.
Margin of safety
Depends on the fair value estimate.
Growth2/6
Revenue growing 10%+ a year
Revenue grew 13.5% a year over the last three fiscal years.
EPS growth over 3 years
Needs positive EPS three years ago and today.
Earnings acceleration
Needs positive net income now, a year ago and five years ago.
Growing faster than the industry
Revenue grew 14.9% over the last twelve months; the Computer Programming, Data Processing, and Other Computer Related Services median is 10.2%.
Guidance issued
The latest outlook (full year 2026 total revenue, Feb 24, 2026) was issued for the first time, so it neither adds nor takes away points.
Gross margin slipping
Gross margin was 77.4% over the last twelve months, against 78.0% a year earlier.
Past performance2/6
Return on equity
Needs positive equity and five years of results.
Return on invested capital
Needs operating income and invested capital.
Return on equity against the industry
Needs positive equity.
Earnings over 5 years
Needs positive net income five years ago and in the latest year.
Net margin above its 5-year average
Net margin was 6.7% over the last twelve months, against a 5-year average of -140%.
Net margin above the industry
Perfect's net margin of 6.7% is above the Computer Programming, Data Processing, and Other Computer Related Services median of -5.0%.
Financial health4/6
No debt
Perfect has no borrowings on its latest balance sheet.
Debt not rising
With no debt today, leverage cannot have risen.
Debt covered by cash flow
There is no debt to cover.
Interest not well covered
Operating income covers interest expense -108.0 times; we look for at least 5.
Short-term assets cover short-term debts
Current assets are 4.63 times current liabilities.
Bankruptcy risk (Altman Z)
Needs market value, working capital and retained earnings.
Dividend0/6
No dividend
Perfect has not paid a dividend in the last twelve months.
Yield against Treasuries
No dividend.
Yield against the market
No dividend.
Dividend stability
No dividend.
Earnings cover
No dividend.
Cash-flow cover
No dividend.
Fair value
How we estimate itWe don't publish a fair value for Perfect. It needs a US-dollar share price, at least two valuation methods with positive inputs (earnings, EBITDA, book value or sales) and, for companies with several share classes, classes that trade at the same price.
An estimate from reported numbers and market multiples, not a price target or investment advice. It can be far off for companies whose profits are about to change sharply.
Margins
Share of revenue, fiscal years 2019 to 2025
Gross margin
Operating margin
Net margin
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +14.9% | +13.5% | +18.3% | – | |
| Gross profit | +14.0% | +10.0% | +15.6% | – | |
| Net income | -7.5% | – | – | – | |
| EPS, diluted | 0.0% | – | – | – | |
| Free cash flow | +2.1% | – | +45.5% | – |
Returns and balance sheet
7 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2019 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on assets | – | – | 2.5% | |
| Current ratio | – | – | 4.60 | |
| Interest coverage | – | -315.7× | -108.0× | |
| Inventory turnover | – | – | 893.1× | |
| Capex to revenue | – | 0.7% | 0.6% | |
| Diluted shares | – | 55M | 102M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Perfect generated $44.74M from operations and spent $52.49M on capital expenditure, dividends and share buybacks. 3% of that went back into the business.
DuPont needs revenue, assets and equity
This company does not report all three for consecutive years.
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
- ProfitableNet income above zero$4.64M
- Cash generatingOperating cash flow above zero$13.31M
- Return on assets improvedROA up on the prior year2.9% → 2.6%
- Earnings backed by cashOperating cash flow above net income$13.31M vs $4.64M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose5.52 → 4.60
- No dilutionShare count did not rise102M → 102M
- Gross margin improvedGross margin up on the prior year77.98% → 77.40%
- More efficientAsset turnover rose0.35 → 0.38
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