Tai Roun Products Co Ltd (1220) fair value: what the stock is really worth
As of Nov 9, 2026: fair value (intrinsic value) of Tai Roun Products Co Ltd stock TWD 1.61, price TWD 10.35, that is 84.4% below the price, quality 47 out of 100. Rating: strongly overvalued. Calculated from audited financials with 14 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 9, 2026.
How to read this chart
60‑month range 10.20 TWD – 22.71 TWD · fair‑value band 1.21 TWD – 2.01 TWD · the 10.35 TWD price screens above the 1.61 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 9, 2026.
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Tai Roun Products Co.,Ltd. manufactures and trades feed, fructose, starch, and prepared foods and seafood in Taiwan, Japan, South Korea, China, and Vietnam.
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It offers feed for swine, chicken, duck, eel, grass shrimp, tiger prawn, white shrimp, freshwater fish, tilapia, trout, bass, grouper, snapper, and mullet feed products, as well as fructose syrup and sugarcane liquid syrup.
It also provides corn starch, corn glute meal, corn bran, corn germ, corn steep liquor, and edible alcohol. The company was founded in 1969 and is headquartered in Taipei, Taiwan.
Stock analysis
Tai Roun Products Co Ltd (1220) currently trades at 10.35 TWD, while our model-based Fair Value estimate is 1.61 TWD, 84% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Asset-Based group reads highest at a median of 10.91 TWD per share, and 2 of the 14 models we run sit above the 10.35 TWD price.
Bear case: the Earnings-Based group reads lowest at 0.8600 TWD, and 12 of the 14 models stay below the price. Data coverage for this calculation is low.
Scenario range: 1.21 TWD (bear) to 2.01 TWD (bull), the price of 10.35 TWD sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 47/100 (below-average quality), in the Consumer Defensive sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Tai Roun Products Co Ltd reported revenue of 3.3B TWD in FY2025 versus 3.2B TWD in FY2021, a compound +0.8%/yr. Reported net income was 13.5M TWD in FY2025, compounding −47.5%/yr from FY2021.
Key figures
Market cap 1.8B TWD (≈ $55.6M) Micro · P/E ratio 147.9 · P/S ratio 0.56 · EPS (TTM) 0.0700 TWD · Dividend yield 1.9% · Net margin 0.4% · Return on equity 1.4% · Return on assets (EBIT) 4.8% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 19 out of 100 (low confidence).
What moves the price
The share trades about 22% below its 52-week high and 1% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Consumer Defensive peers we cover trades at −1% fair-value upside, at −84%, 1220 screens richer than that median.
Fair Value models
The price assumes far more growth than our models allow for, so the models scatter widely (0.4300 TWD to 12.50 TWD). Read the Fair Value as a cautious anchor, not a price target; the Growth Forecast section shows what the price assumes.
Bear1.21 TWDFair Value 1.61 TWDBull2.01 TWD
Price 10.35 TWD · Downside -84.4%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models.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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.28/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
−4.4%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
−2.0%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+3.7%
Start year 2020 (pandemic). Over 10 years: +0.2% a year
Revenue growth 23 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+2.8%
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What shareholders gained per year (last 5 years), in TWD ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in TWD: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
−38.3%
Earnings growth per share plus dividend.
Earnings per share, growth per year−40.2%
Dividend (yield on the price)1.9%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.−40.2% vs −19.5%, slowing
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.9% → 1%
Compare Tai Roun Products Co Ltd with another stock
Price, fair value, quality and upside side by side.
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Peer Groupⓘ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.Packaged Foods · 625 stocks
Beats the industry median on 1/12 measures
Overall it trails its industry peers.
Valuation
Quality Score47 · Below median
Fair Value upside−84.4% · Bottom 25%
Profitability
Return on equity (12 months)1.4% · Bottom 25%
Return on assets1.2% · Below median
Net margin (12 months)1.2% · Below median
Operating margin (12 months)0.2% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY)1.9% · Below median
Dividend yield (12 months)1.9% · Below median
Valuation Multiplesvs Packaged Foods median · lower = cheaper
P/E (12 months)147.9× · Priciest 25%
P/B0.78× · Cheapest 25%
P/S (12 months)1.78× · Priciest 25%
EV/EBITDA37.8× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 35
FUTURE (revenue growth)10· sector 25
PAST (return on equity)6· sector 31
HEALTH (low debt)100· sector 96
DIVIDEND (yield)39· sector 55
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Tai Roun Products Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/1220
Frequently asked questions
Is Tai Roun Products Co Ltd (1220) overvalued or undervalued?
As of Nov 9, 2026, our model estimates a fair value of 1.61 TWD versus a price of 10.35 TWD, about 84% lower (overvalued).
What is the fair value of 1220?
Our model-based fair value for Tai Roun Products Co Ltd is 1.61 TWD (as of Nov 9, 2026), built from audited fundamentals. The current price: 10.35 TWD.
What is the quality score of 1220?
Tai Roun Products Co Ltd has a Quality Score of 47/100. 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 price target for Tai Roun Products Co Ltd (1220)?
Our model-based price target is the fair value of 1.61 TWD (as of Nov 9, 2026) from 14 valuation models. Cautious scenario 1.21 TWD, optimistic scenario 2.01 TWD. It is a calculation from audited fundamentals, not an analyst target.
What is the Tai Roun Products Co Ltd stock forecast for 2026?
Our models put fair value at 1.61 TWD, about 84% lower versus a price of 10.35 TWD (overvalued). Cautious scenario 1.21 TWD, optimistic scenario 2.01 TWD. The calculation is refreshed regularly with new filings.
What is the revenue of Tai Roun Products Co Ltd (1220)?
Tai Roun Products Co Ltd reported trailing-twelve-month revenue of about 3.3B TWD (latest available figure, as of Nov 9, 2026).
Does Tai Roun Products Co Ltd pay a dividend?
Tai Roun Products Co Ltd currently shows a dividend yield of 1.93% relative to its recent price (as of Nov 9, 2026).
How much is the dividend of Tai Roun Products Co Ltd (1220) and when is the ex-dividend date?
Tai Roun Products Co Ltd pays a dividend of 0.2 TWD per share a year, a dividend yield of 1.9%. The last ex-dividend date was Jul 16, 2026. Our assessment: Pays more than it earns. The company pays out more in dividends than it earns, and free cash flow clearly does not cover the dividend either. It may need to be cut unless profits recover.
What is the intrinsic value of Tai Roun Products Co Ltd (1220)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Tai Roun Products Co Ltd it is 1.61 TWD per share (as of Nov 9, 2026), against a price of 10.35 TWD. It is the blended result of 14 valuation models in 6 families (Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings).
Is Tai Roun Products Co Ltd stock overvalued or undervalued in 2026?
As of Nov 9, 2026, 1220 trades above its calculated fair value: price 10.35 TWD, fair value 1.61 TWD, a gap of about −84% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 1220?
No. The price is what the market pays today (10.35 TWD); the fair value is what the company's own numbers justify (1.61 TWD). For Tai Roun Products Co Ltd the two are 8.74 TWD per share apart. That gap is exactly why we show both numbers side by side.
How much is Tai Roun Products Co Ltd worth?
The market values Tai Roun Products Co Ltd at about 1.8B TWD (market capitalisation, as of Nov 9, 2026). Per share that is 10.35 TWD; our models calculate a fair value of 1.61 TWD per share.
What do the bullish and bearish scenarios say about 1220?
Our models span a range for Tai Roun Products Co Ltd: cautious scenario 1.21 TWD, base 1.61 TWD, optimistic 2.01 TWD per share (as of Nov 9, 2026, price 10.35 TWD). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 1220?
Tai Roun Products Co Ltd trades at a price-to-earnings ratio of 147.9 (as of Nov 9, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 1.61 TWD is built from several models across several years. Median P/E at fiscal year-end, 10 fiscal years (2016 to 2025), reported earnings: 17.4. Other multiples: P/B 0.8, P/S 1.8, EV/EBITDA 37.8.
How solid is the balance sheet of Tai Roun Products Co Ltd (1220)?
Balance-sheet figures for Tai Roun Products Co Ltd (as of Nov 9, 2026): return on equity 1.4%. They feed the Quality Score of 47/100, which measures business quality independently of the share price.
How far is 1220 from its 52-week high?
Tai Roun Products Co Ltd trades at 10.35 TWD, about 22% below its 52-week high of 13.25 TWD and 1% above the low of 10.20 TWD (as of Nov 9, 2026). Distance from the high says nothing about value: that is what the fair value of 1.61 TWD is for.
Which stocks are comparable to Tai Roun Products Co Ltd?
From the same area (Consumer Defensive) we also value Nestlé S.A, Danone S.A, Foshan Haitian Flavouring and Food Company, The Kraft Heinz Company, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Tai Roun Products Co Ltd stock attractive at the current price?
The data as of Nov 9, 2026: price 10.35 TWD, calculated fair value 1.61 TWD (−84%), Quality Score 47/100, from 14 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 1220 calculated?
We run Tai Roun Products Co Ltd through 14 models from 6 families: Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of 1.61 TWD builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. Tai Roun Products Co Ltd itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Tai Roun Products Co Ltd (1220)?
The closing price on Nov 9, 2026 was 10.35 TWD. Our model-based fair value is 1.61 TWD, about 84% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Tai Roun Products Co Ltd right now?
The price sits above even our optimistic bull case (2.01 TWD). The favourable scenario is already priced in. Weak quality (47/100) 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.
Where does the earnings growth of Tai Roun Products Co Ltd (1220) come from?
Earnings per share at Tai Roun Products Co Ltd grew +0.6 % a year from 2014 to 2025. Broken into its drivers: revenue per share +0.3 %, EBIT margin +0.5 %, tax rate −0.9 %, residual (interest, one-offs) +0.7 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Tai Roun Products Co Ltd
How large is the market capitalisation of Tai Roun Products Co Ltd (1220)?
The market capitalisation of Tai Roun Products Co Ltd is 1.8B TWD (≈ $55.6M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Tai Roun Products Co Ltd (1220)?
The price-to-sales ratio of Tai Roun Products Co Ltd is 0.56 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Tai Roun Products Co Ltd (1220)?
Earnings per share at Tai Roun Products Co Ltd are 0.0700 TWD (price ÷ EPS = P/E 147.9). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Tai Roun Products Co Ltd (1220)?
The dividend yield of Tai Roun Products Co Ltd is 1.9%. Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Tai Roun Products Co Ltd (1220)?
The net margin of Tai Roun Products Co Ltd is 0.4% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Tai Roun Products Co Ltd (1220)?
The return on equity (ROE) of Tai Roun Products Co Ltd is 1.4% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Tai Roun Products Co Ltd (1220)?
On an EBIT basis the return on assets of Tai Roun Products Co Ltd is 4.8% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Tai Roun Products Co Ltd (1220)?
The operating margin of Tai Roun Products Co Ltd is 0.2% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Tai Roun Products Co Ltd (1220)?
Revenue at Tai Roun Products Co Ltd is growing +1.9% versus a year earlier (3y avg −2.0%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Tai Roun Products Co Ltd (1220)?
Earnings per share at Tai Roun Products Co Ltd are growing −27.3% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Tai Roun Products Co Ltd (1220) generate?
The free cash flow of Tai Roun Products Co Ltd is −58.3M TWD (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Tai Roun Products Co Ltd (1220) carry?
The net debt of Tai Roun Products Co Ltd is 198M TWD (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Thin data
Nov 9, 2026