Ho Tung Chemical Corp (1714) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Ho Tung Chemical Corp stock TWD 7.46, price TWD 15.50, that is 51.9% below the price, quality 63 out of 100. Rating: strongly overvalued. Calculated from audited financials with 24 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 5, 2026.
How to read this chart
60‑month range 7.18 TWD – 22.75 TWD · fair‑value band 5.94 TWD – 8.91 TWD · the 15.50 TWD price screens above the 7.46 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 5, 2026.
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Ho Tung Chemical Corp., together with its subsidiaries, manufactures, processes, and sells chemical products in Taiwan, China, Southeast Asia, and internationally. It operates through Chemicals, Gas Products, Investment, and Cement segments.
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The company offers n-alkanes, linear alkylbenzene, linear alkylbenzene sulfonic acid, alcohol ether sulfonates, hexadecyltrimethylammonium chloride, octadecyltrimethylammonium chloride, fatty alcohols, fatty pure polyoxyethylene ether, coco-based diethanolamine, coco-aminopropyl betaine, dodecyl dimethyl betaine, and de-aromatic solvents.
It is also involved in the general investment, storage tank leasing, and oil product trading activities, as well as manufactures and sells cement raw materials. The company was formerly known as Ho Tung Holding Group and changed its name to Ho Tung Chemical Corp. in July 2005.
Ho Tung Chemical Corp. was incorporated in 1980 and is based in New Taipei City, Taiwan.
Stock analysis
Ho Tung Chemical Corp (1714) currently trades at 15.50 TWD, while our model-based Fair Value estimate is 7.46 TWD, 52% 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 8.99 TWD per share, and 1 of the 24 models we run sit above the 15.50 TWD price.
Bear case: the Dividend Discount group reads lowest at 0.7850 TWD, and 23 of the 24 models stay below the price. Data coverage for this calculation is low.
Scenario range: 5.94 TWD (bear) to 8.91 TWD (bull), the price of 15.50 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 63/100 (solid quality), in the Basic Materials sector.
Mixed Growth: Spin-off in 2017: revenue and profit before it include the divested business. Growth is measured afresh from 2017.
Ho Tung Chemical Corp reported revenue of 24.0B TWD in FY2025 versus 20.2B TWD in FY2021, a compound +4.4%/yr. Reported net income was 490M TWD in FY2025, compounding −9.3%/yr from FY2021.
Key figures
Market cap 26.5B TWD (≈ $810M) Small · P/E ratio 13.0 · P/S ratio 0.51 · EPS (TTM) 1.19 TWD · Dividend yield 1.2% · Net margin 3.9% · Return on equity 13.0% · Return on assets (EBIT) 4.4% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 43 out of 100 (low confidence).
What moves the price
The share trades about 32% below its 52-week high and 94% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at −25% fair-value upside, at −52%, 1714 screens richer than that median.
Fair Value models
Bear5.94 TWDFair Value 7.46 TWDBull8.91 TWD
Price 15.50 TWD · Downside -51.9%
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. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (0.8633 TWD per share) are deliberately not added.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.55/100
Spin-off in 2017: revenue and profit before it include the divested business. Growth is measured afresh from 2017.
Revenue growth 1 year
+16.5%
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.
−1.5%
Start year 2020 (pandemic)
Revenue growth 8 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.
−3.3%
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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. Basis: EBIT basis. 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.
−20.4%
Earnings growth per share plus dividend.
Earnings per share, growth per year−21.6%
Dividend (yield on the price)1.2%
Per share before 2017divided by the spin-off factor 1.035
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.−22.3% vs −5.6%, 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.14% → 5%
Pace: the 5-year rate starts in 2020 (pandemic)
⚠ Revenue per share shrinking 9.1%/yr over ~10Y (margins intact) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+15.2%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (Taiwan: IMF forecast 1.6% a year to 2030, 1.5% from 2016 to 2025) that is about +13.4% a year for the price.
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.Chemicals · 336 stocks
Beats the industry median on 8/14 measures
A mixed picture versus its industry peers.
Valuation
Quality Score63 · Top 25%
Fair Value upside−51.9% · Below median
Profitability
Return on equity (12 months)13.0% · Top 25%
Return on assets4.8% · Above median
Net margin (12 months)9.5% · Above median
Operating margin (12 months)14.8% · Above median
Growth and dividend
Revenue growth (quarter YoY)76.4% · Top 25%
Dividend yield (12 months)1.2% · Below median
Balance sheet
Debt / equity0.11× · Below median
Valuation Multiplesvs Chemicals median · lower = cheaper
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). "Ho Tung Chemical Corp Fair Value". https://www.fairvalue-calculator.com/stock/1714
Frequently asked questions
Is Ho Tung Chemical Corp (1714) overvalued or undervalued?
As of Nov 5, 2026, our model estimates a fair value of 7.46 TWD versus a price of 15.50 TWD, about 52% lower (overvalued).
What is the fair value of 1714?
Our model-based fair value for Ho Tung Chemical Corp is 7.46 TWD (as of Nov 5, 2026), built from audited fundamentals. The current price: 15.50 TWD.
What is the quality score of 1714?
Ho Tung Chemical Corp has a Quality Score of 63/100. 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 Ho Tung Chemical Corp (1714)?
Our model-based price target is the fair value of 7.46 TWD (as of Nov 5, 2026) from 24 valuation models. Cautious scenario 5.94 TWD, optimistic scenario 8.91 TWD. It is a calculation from audited fundamentals, not an analyst target.
What is the Ho Tung Chemical Corp stock forecast for 2026?
Our models put fair value at 7.46 TWD, about 52% lower versus a price of 15.50 TWD (overvalued). Cautious scenario 5.94 TWD, optimistic scenario 8.91 TWD. The calculation is refreshed regularly with new filings.
What is the revenue of Ho Tung Chemical Corp (1714)?
Ho Tung Chemical Corp reported trailing-twelve-month revenue of about 30.1B TWD (latest available figure, as of Nov 5, 2026).
Does Ho Tung Chemical Corp pay a dividend?
Ho Tung Chemical Corp currently shows a dividend yield of 1.16% relative to its recent price (as of Nov 5, 2026).
How much is the dividend of Ho Tung Chemical Corp (1714) and when is the ex-dividend date?
Ho Tung Chemical Corp pays a dividend of 0.18 TWD per share a year, a dividend yield of 1.2%. The last ex-dividend date was Aug 20, 2026. A dividend has been paid every year since 2021. The payout ratio is 15.1% of earnings. Free cash flow covers the dividend 4.54 times. Our assessment: Well covered. A low payout and the dividend is fully funded by free cash flow, a comfortable, sustainable dividend.
What growth is priced into Ho Tung Chemical Corp (1714)?
For today's price to be fair in a discounted-cash-flow model, Ho Tung Chemical Corp would have to grow free cash flow by +15.2 % per year for five years (discount rate 10.3 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew -1.5 % per year. As of Nov 5, 2026.
What discount rate (WACC) does the fair value of 1714 use?
Our models discount Ho Tung Chemical Corp at 10.3 %: a base by market capitalisation (small), damped by beta 0.25, country premium for Taiwan. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Ho Tung Chemical Corp that is +15.2 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (10.3 %) and the same formula as our fair value.
How much growth has Ho Tung Chemical Corp (1714) delivered so far?
Over the past 5 years revenue at Ho Tung Chemical Corp grew -1.5 % a year. The price currently implies free-cash-flow growth of +15.2 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Ho Tung Chemical Corp (1714) growing?
The median revenue growth in the sector is +9.8 % a year. That is the yardstick for the growth priced into Ho Tung Chemical Corp (+15.2 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Ho Tung Chemical Corp (1714)?
The free-cash-flow yield on the price is 3.02 %: that much free cash flow Ho Tung Chemical Corp produces per unit of market value. When it exceeds the discount rate of our models (10.3 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Ho Tung Chemical Corp (1714)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Ho Tung Chemical Corp it is 7.46 TWD per share (as of Nov 5, 2026), against a price of 15.50 TWD. It is the blended result of 24 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Ho Tung Chemical Corp stock overvalued or undervalued in 2026?
As of Nov 5, 2026, 1714 trades above its calculated fair value: price 15.50 TWD, fair value 7.46 TWD, a gap of about −52% (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 1714?
No. The price is what the market pays today (15.50 TWD); the fair value is what the company's own numbers justify (7.46 TWD). For Ho Tung Chemical Corp the two are 8.04 TWD per share apart. That gap is exactly why we show both numbers side by side.
How much is Ho Tung Chemical Corp worth?
The market values Ho Tung Chemical Corp at about 26.5B TWD (market capitalisation, as of Nov 5, 2026). Per share that is 15.50 TWD; our models calculate a fair value of 7.46 TWD per share.
What do the bullish and bearish scenarios say about 1714?
Our models span a range for Ho Tung Chemical Corp: cautious scenario 5.94 TWD, base 7.46 TWD, optimistic 8.91 TWD per share (as of Nov 5, 2026, price 15.50 TWD). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 1714?
Ho Tung Chemical Corp trades at a price-to-earnings ratio of 13.0 (as of Nov 5, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 7.46 TWD is built from several models across several years. Median P/E at fiscal year-end, 9 fiscal years (2017 to 2025), reported earnings: 23.8. Other multiples: P/B 2.2, P/S 2.2, EV/EBITDA 15.9.
How solid is the balance sheet of Ho Tung Chemical Corp (1714)?
Balance-sheet figures for Ho Tung Chemical Corp (as of Nov 5, 2026): return on equity 13.0%, debt of 0.11 per unit of equity. They feed the Quality Score of 63/100, which measures business quality independently of the share price.
How far is 1714 from its 52-week high?
Ho Tung Chemical Corp trades at 15.50 TWD, about 32% below its 52-week high of 22.75 TWD and 94% above the low of 7.98 TWD (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 7.46 TWD is for.
Which stocks are comparable to Ho Tung Chemical Corp?
From the same area (Basic Materials) we also value BASF SE, Saudi Basic Industries Corporation, Dow Inc, Ningxia Baofeng Energy Group, 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 Ho Tung Chemical Corp stock attractive at the current price?
The data as of Nov 5, 2026: price 15.50 TWD, calculated fair value 7.46 TWD (−52%), Quality Score 63/100, from 24 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 1714 calculated?
We run Ho Tung Chemical Corp through 24 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of 7.46 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 13.0% above its aggregate fair value. Ho Tung Chemical Corp 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 Ho Tung Chemical Corp (1714)?
The closing price on Nov 6, 2026 was 15.50 TWD. Our model-based fair value is 7.46 TWD, about 52% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Ho Tung Chemical Corp right now?
The price sits above even our optimistic bull case (8.91 TWD). The favourable scenario is already priced in. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid but not exceptional quality (63/100) and above fair value, neither a clear bargain nor a standout compounder.
Key figures of Ho Tung Chemical Corp
How large is the market capitalisation of Ho Tung Chemical Corp (1714)?
The market capitalisation of Ho Tung Chemical Corp is 26.5B TWD (≈ $810M). 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 Ho Tung Chemical Corp (1714)?
The price-to-sales ratio of Ho Tung Chemical Corp is 0.51 (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 Ho Tung Chemical Corp (1714)?
Earnings per share at Ho Tung Chemical Corp are 1.19 TWD (price ÷ EPS = P/E 13.0). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Ho Tung Chemical Corp (1714)?
The dividend yield of Ho Tung Chemical Corp is 1.2% (payout 15.1%). 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 Ho Tung Chemical Corp (1714)?
The net margin of Ho Tung Chemical Corp is 3.9% (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 Ho Tung Chemical Corp (1714)?
The return on equity (ROE) of Ho Tung Chemical Corp is 13.0% (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 Ho Tung Chemical Corp (1714)?
On an EBIT basis the return on assets of Ho Tung Chemical Corp is 4.4% (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 Ho Tung Chemical Corp (1714)?
The operating margin of Ho Tung Chemical Corp is 14.8% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Ho Tung Chemical Corp (1714)?
Revenue at Ho Tung Chemical Corp is growing +76.4% 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 Ho Tung Chemical Corp (1714)?
Earnings per share at Ho Tung Chemical Corp are growing +463% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Ho Tung Chemical Corp (1714) hold?
Ho Tung Chemical Corp holds more cash than debt, 3.3B TWD net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
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Thin data
Nov 5, 2026