Perfect Corp.(PERF)

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EXPLORE ADVISORIES AND THEIR HISTORY
QUALITY SIGNAL RECENCY
1-STAR RATING
Consider higher Upturn Star rating
BUY for 138 days
PROFIT SINCE LAST BUY
+14.2% ▲
LAST CLOSE
$1.93
10/15/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
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  • BUY Advisory
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Upturn Stock price based on last close iconStock price based on last close
Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Advisory Performance History (Simulated)Advisory Performance History info

Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Upturn Advisory & Investor View for PERF

10/15/2026: PERF (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Perfect Corp. is a specialized software-as-a-service company known for providing AI and augmented reality virtual try-on technology to the global beauty and fashion industries. Its core strengths include a deep portfolio of computer-vision intellectual property and long-standing integration partnerships with major cosmetic retailers. While the company has a leading position in niche beauty-tech, it faces significant competitive risks from large tech platforms incorporating similar native features. Financial performance remains heavily tied to enterprise software subscriptions, which are subject to retail industry spending volatility. The stock is best suited for growth-oriented investors who can tolerate high volatility and who are monitoring the company’s ability to successfully diversify beyond beauty.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorMixed fitThe company operates in a high-growth sector but must prove sustained path to profitability.
Momentum investorWeak fitMomentum trends are conditional on sustained upturn signals which remain highly variable.
Value investorWeak fitValuation remains speculative and tied to future software-based growth potential.
Dividend investorWeak fitThe company does not pay dividends and prioritizes capital reinvestment.
Low-risk investorWeak fitHigh price volatility and emerging-market risks make this unsuitable for low-risk profiles.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityHighThe stock exhibits significant price swings characteristic of smaller-cap growth companies.
Valuation riskMedium / highGrowth expectations are already priced into shares, leaving little margin for error in earnings misses.
Competition risk (AI competition)HighLarger tech platforms with massive data scale pose a constant threat to Perfect's market share.
Business qualityMediumThe SaaS business model is sticky, but the customer base is highly concentrated.
Dividend incomeLow / noneThis is a growth-oriented stock with no income generation.
Execution riskMediumSuccess depends on the company's ability to keep pace with rapid AI developments.

Price Behavior

Strong Uptrend
PRICE PATH

Strong Uptrend

The stock has maintained a strong upward price trend across the last three quarters.

Extreme Price Shocks
PRICE STABILITY

Extreme Price Shocks

The stock has experienced exceptionally large and disruptive price movements during the period.

Analysis of Past Performance

Type Stock
Historic Profit -18.46%
Avg. Invested days 45
Today’s Advisory Consider higher Upturn Star rating
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 2.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 10/15/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
PERF receives a 3-star rating based on the available scored pillars. The rating is constrained by weak price momentum.

Company Fundamentals

★★★★★
PERF has moderate overall fundamentals (3 stars), with moderate financial health, moderate growth momentum, and moderate ownership. In FY2025 versus FY2024, strong cash generation (FCF margin 18.6%) and solid revenue growth (+14.9%) are partially offset by negative earnings growth (-7.5%), soft profitability (net margin 6.7%).

Financial Health Rating

★★★★★
PERF's financial health is supported by solid liquidity, including working-capital and asset support (WC/assets 70.7%). Profitability is moderate (3 stars), which helps explain the 3-star overall score.

Growth Momentum Score

★★★★★
Revenue growth is PERF's strongest growth driver at +14.9% FY2025 versus FY2024 (solid, 4 stars). By comparison, while earnings growth (-7.5%, negative) holds the profile back, so recent growth is not broad-based across the business.

Ownership

★★★★★
Institutional ownership is 9.1% (soft) and 43.0% of outstanding shares are publicly tradable (moderate). Insider ownership of 53.59% supports management-shareholder alignment.

Top 5 Institutional Investors

The Goldman Sachs Group Inc 3.84%
Oasis Management Co. Ltd 2.16%
Nantahala Capital Management, LLC 1.15%
Acadian Asset Management LLC 0.12%
Crewe Advisors LLC 0.06%

Unit Economics (Per $1K Revenue)

★★★★★
PERF generates approximately $774 of gross profit, $4 of operating income, and $186 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Moderate margins and strong cash conversion support a 3-star rating, while capital efficiency is weak.

Economic Dimensions

★★★★★
Effective Tax Rate: 19.07%

Quantitative Style Profile

★★★★★
PERF has a relatively low-volatility profile. Weak momentum is the primary drawback.

Style Classification

Quality Focused

Value-OrientedLow VolatilitySmall / Mid Cap Risk

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 196.57M USD
Price to earnings Ratio 32.17
1Y Target Price 2.98
Price to earnings Ratio 32.17
1Y Target Price 2.98
Volume (30-day avg) 216.4K shares
Beta 0.3
52 Weeks Range 1.24 - 2.15
Updated Date 10/15/2026
52 Weeks Range 1.24 - 2.15
Updated Date 10/15/2026
Dividends yield (FY) -
Basic EPS (TTM) 0.06

How Company Makes Money

Business areaWhat it includesRetail investor read
Enterprise SaaS SubscriptionsLicensing fees from brands for using virtual try-on and skin analysis software.This is the core, recurring revenue engine of the business.
Consumer App MonetizationAdvertising and subscription revenue from apps like YouCam Makeup.A secondary stream that provides data and brand visibility.

Analyzing Revenue: Products, Geography and Growth

Revenue by Geography

Geography revenue - Year on Year

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Valuation

Trailing PE 32.17
Forward PE 22.57
Enterprise Value 34.17M
Price to Sales(TTM) 2.77
Enterprise Value 34.17M
Price to Sales(TTM) 2.77
Enterprise Value to Revenue 0.48
Enterprise Value to EBITDA 4.2
Shares Outstanding 85.06M
Shares Floating 36.59M
Shares Outstanding 85.06M
Shares Floating 36.59M
Percent Insiders 53.59
Percent Institutions 9.09

Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

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