Perfect Corp. (PERF) AI Stock Analysis

Headquartered in New Taipei City, Taiwan, Perfect Corp. specializes in Software-as-a-Service solutions integrating artificial intelligence and augmented reality technologies for the beauty and fashion sectors. Founded in 2015, the company provides business solutions including AR makeup virtual try-on, AI foundation shade matching, virtual hairstyle trials, and advanced skin and face analysis tools. It also enables virtual try-ons for accessories such as hats, glasses, and jewelry for online and in-store shopping. Additionally, Perfect Corp. operates consumer mobile applications such as YouCam Makeup, YouCam Perfect, and YouCam Video, which offer customizable beauty enhancement tools, nail art simulations, and interactive tutorials.

Revenue grew from $40.8M in FY2021 to $47.3M in FY2022, $53.5M in FY2023, $60.2M in FY2024, and $69.2M in FY2025, reflecting a 5-year CAGR of 18.3%. Revenue growth was 14.9% in FY2025. After posting net income of -$156.9M in FY2021 and -$161.7M in FY2022, net income turned positive at $5.4M in FY2023, followed by $5.0M in FY2024 and $4.6M in FY2025. Gross margin contracted from 85.9% in FY2021 to 77.4% in FY2025. Over the trailing twelve months ended June 30, 2026, revenue reached $71.1M with a net profit margin of 8.1% and an operating margin of -0.7%, while quarterly earnings grew 550.0% year-over-year.

As of June 30, 2026, Perfect Corp. held $162.0M in cash and short-term investments against total debt of $644,000, yielding net cash of $161.4M. Its current ratio stood at 4.63, with a debt-to-equity ratio of 0.00 and shareholders' equity of $156.9M out of $194.6M in total assets. In FY2025, the company generated $13.3M in operating cash flow and $12.9M in free cash flow, while capital expenditures were $425,000. Over five years, the company's share count change was -16.7%.

At a share price of $1.94, Perfect Corp. carries a market cap of $197.6M and an enterprise value of $34.2M. The stock trades at a trailing P/E of 32.3x and a forward P/E of 22.6x, compared to medians of 28.1x and 18.8x, respectively, for its US-listed Technology peers. Its EV/EBITDA multiple of 4.2x is below the peer median of 16.6x, while its price-to-sales ratio of 2.8x matches the peer median of 2.8x. Over the past year, PERF was flat with a return of 0.0%, lagging the S&P 500 return of 16.8%.

Analyst coverage consists of 2 Hold ratings, with 0 Buy, Strong Buy, Sell, or Strong Sell recommendations. The mean price target is $2.98, representing 53.8% upside compared to the last close of $1.94. For the fiscal year ending December 31, 2026, analysts estimate EPS of $0.08, representing 14.6% growth, on revenue of $74.1M. For the following fiscal year, 2 analysts project revenue of $81.8M and EPS of $0.09. Perfect Corp. beat EPS estimates in 2 of the last 4 quarters, with its next earnings date scheduled for October 27, 2026.

This page is an AI-written research summary of Perfect Corp. (PERF). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: PERF income statement, PERF balance sheet, PERF key metrics, PERF analyst forecast, PERF chart. See the PERF stock overview for the latest quote and news.