Wei Chih Steel Industrial Co Ltd (2028) fair value: what the stock is really worth
As of Nov 9, 2026: fair value (intrinsic value) of Wei Chih Steel Industrial Co Ltd stock TWD 9.38, price TWD 14.55, that is 35.5% below the price, quality 56 out of 100. Rating: strongly overvalued. Calculated from audited financials with 20 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 8, 2026.
How to read this chart
60‑month range 14.55 TWD – 53.07 TWD · fair‑value band 7.04 TWD – 11.74 TWD · the 14.55 TWD price screens above the 9.38 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. As of Nov 8, 2026.
Follow Wei Chih Steel Industrial Co in your weekly email
Every Wednesday you see whether Wei Chih Steel Industrial Co is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Wei Chih Steel Industrial Co., Ltd. processes, manufactures, and sells steel products in Taiwan, Australia, and internationally.
Show moreShow less
The company offers steel bars, straight bar steel, bar steel coils, special alloy steel, steel plates, steel billets and rods, rebars, bar steel disc units, and other steel products.
It also operates the business of entrusting construction companies to build residential buildings and leasing and selling commercial buildings. In addition, it also exports its products to Hong Kong, South Korea, Singapore, the United States, New Zealand, the Philippines, and Malaysia.
The company was formerly known as Shih Wei Steel Co., Ltd. and changed its name to Wei Chih Steel Industrial Co., Ltd. in July 1989. The company was founded in 1971 and is based in Tainan City, Taiwan.
Stock analysis
Wei Chih Steel Industrial Co Ltd (2028) currently trades at 14.55 TWD, while our model-based Fair Value estimate is 9.38 TWD, 36% below the price, so the stock looks overvalued today.
Show more
Valuation
Bull case: the Growth DCF group reads highest at a median of 25.86 TWD per share, and 9 of the 20 models we run sit above the 14.55 TWD price.
Bear case: the Earnings-Based group reads lowest at 2.32 TWD, and 11 of the 20 models stay below the price. Data coverage for this calculation is low.
Scenario range: 7.04 TWD (bear) to 11.74 TWD (bull), the price of 14.55 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 56/100 (solid quality), in the Basic Materials sector.
Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.
Wei Chih Steel Industrial Co Ltd reported revenue of 8.5B TWD in FY2025 versus 13.6B TWD in FY2021, a compound −11.0%/yr. Reported net income was 89.4M TWD in FY2025, compounding −51.8%/yr from FY2021.
Key figures
Market cap 4.7B TWD (≈ $142M) Micro · P/E ratio 34.6 · P/S ratio 0.54 · EPS (TTM) 0.4200 TWD · Dividend yield 2.7% · Net margin 1.6% · Return on equity 2.9% · Return on assets (EBIT) 9.1% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 21 out of 100 (low confidence).
What moves the price
The share trades about 29% below its 52-week high and at its 52-week low, currently below its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at −34% fair-value upside, at −36%, 2028 screens richer than that median.
Fair Value models
Bear7.04 TWDFair Value 9.38 TWDBull11.74 TWD
Price 14.55 TWD · Downside -35.5%
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 (0.0172 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.
Best data coverage
FCF DCF27.39 TWD35.86 TWD49.61 TWD81
Growth DCF28.22 TWD36.19 TWD48.14 TWD80
Owner Earnings4.95 TWD7.51 TWD11.66 TWD76
All 20 models by family
DCF Models
FCF DCF27.39 TWD35.86 TWD49.61 TWD81
Owner Earnings4.95 TWD7.51 TWD11.66 TWD76
5Y Revenue Exit12.25 TWD14.63 TWD17.99 TWD74
5Y EBITDA Exit15.83 TWD20.81 TWD27.42 TWD76
5Y P/E Exit11.96 TWD14.11 TWD16.84 TWD72
10Y Revenue Exit19.20 TWD21.47 TWD23.44 TWD68
10Y EBITDA Exit21.15 TWD24.77 TWD28.22 TWD70
10Y P/E Exit19.12 TWD21.19 TWD22.86 TWD65
Earnings-Based
Graham-Dodd1.88 TWD2.32 TWD2.62 TWD67
Dividend Discount
Gordon GGM2.12 TWD2.27 TWD2.49 TWD69
DDM Multi-Stage2.12 TWD2.47 TWD2.90 TWD67
Multiples
P/E Multiple3.52 TWD4.69 TWD5.87 TWD63
P/S Multiple3.52 TWD4.69 TWD5.87 TWD58
P/B Multiple16.88 TWD22.50 TWD28.13 TWD55
EV/EBITDA4.43 TWD8.45 TWD12.46 TWD64
Asset-Based
NCAV (Graham)0.3400 TWD0.5100 TWD0.6400 TWD55
Growth DCF
Growth DCF28.22 TWD36.19 TWD48.14 TWD80
Rev-Margin DCF12.25 TWD15.53 TWD20.10 TWD74
Economic Profit
Residual Income8.55 TWD8.88 TWD9.40 TWD76
Growth Earnings
Growth-Adj P/E2.51 TWD3.58 TWD4.66 TWD67
The fair value above starts from this blend and is adjusted for a cyclical trough year.
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.40/100
Revenue is shrinking: the last year, the last three and the last five years are all negative.
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.
−13.4%
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.
−0.4%
Start year 2020 (pandemic). Over 10 years: +4.9% 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.
+3.2%
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
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.
−29.0%
Earnings growth per share plus dividend.
Earnings per share, growth per year−31.7%
Dividend (yield on the price)2.7%
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.−31.7% vs 22.3%, 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.7% → 2%
Pace: the 5-year rate starts in 2020 (pandemic)
⚠ Revenue per share shrinking 5.6%/yr over ~10Y (margin trend unclear) ⓘ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
Little optimism in the price
The price assumes less 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).
−10.3%
The company could shrink this much every year for the next five years and today's price would still be justified.
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 −11.7% a year for the price.
Compare Wei Chih Steel Industrial Co Ltd with another stock
Price, fair value, quality and upside side by side.
Free, no sign-up
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.Steel · 410 stocks
Beats the industry median on 5/14 measures
Overall it trails its industry peers.
Valuation
Quality Score56 · Above median
Fair Value upside−35.5% · Below median
Profitability
Return on equity (12 months)2.9% · Below median
Return on assets1.1% · Below median
Net margin (12 months)1.6% · Below median
Operating margin (12 months)3.1% · Below median
Growth and dividend
Revenue growth (quarter YoY)0.5% · Below median
Dividend yield (12 months)2.7% · Above median
Balance sheet
Debt / equity0.35× · Highest 25%
Valuation Multiplesvs Steel 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). "Wei Chih Steel Industrial Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/2028
Frequently asked questions
Is Wei Chih Steel Industrial Co Ltd (2028) overvalued or undervalued?
As of Nov 8, 2026, our model estimates a fair value of 9.38 TWD versus a price of 14.55 TWD, about 36% lower (overvalued).
What is the fair value of 2028?
Our model-based fair value for Wei Chih Steel Industrial Co Ltd is 9.38 TWD (as of Nov 8, 2026), built from audited fundamentals. The current price: 14.55 TWD.
What is the quality score of 2028?
Wei Chih Steel Industrial Co Ltd has a Quality Score of 56/100. 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 Wei Chih Steel Industrial Co Ltd (2028)?
Our model-based price target is the fair value of 9.38 TWD (as of Nov 8, 2026) from 20 valuation models. Cautious scenario 7.04 TWD, optimistic scenario 11.74 TWD. It is a calculation from audited fundamentals, not an analyst target.
What is the Wei Chih Steel Industrial Co Ltd stock forecast for 2026?
Our models put fair value at 9.38 TWD, about 36% lower versus a price of 14.55 TWD (overvalued). Cautious scenario 7.04 TWD, optimistic scenario 11.74 TWD. The calculation is refreshed regularly with new filings.
What is the revenue of Wei Chih Steel Industrial Co Ltd (2028)?
Wei Chih Steel Industrial Co Ltd reported trailing-twelve-month revenue of about 8.7B TWD (latest available figure, as of Nov 8, 2026).
Does Wei Chih Steel Industrial Co Ltd pay a dividend?
Wei Chih Steel Industrial Co Ltd currently shows a dividend yield of 2.75% relative to its recent price (as of Nov 8, 2026).
How much is the dividend of Wei Chih Steel Industrial Co Ltd (2028) and when is the ex-dividend date?
Wei Chih Steel Industrial Co Ltd pays a dividend of 0.4 TWD per share a year, a dividend yield of 2.7%. The last ex-dividend date was Oct 22, 2026. The payout ratio is 95.2% of earnings. Free cash flow covers the dividend 10.54 times. Our assessment: Sustainable. Payout and cash coverage both look sustainable.
What growth is priced into Wei Chih Steel Industrial Co Ltd (2028)?
For today's price to be fair in a discounted-cash-flow model, Wei Chih Steel Industrial Co Ltd would have to grow free cash flow by -10.3 % per year for five years (discount rate 12.3 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew -0.4 % per year. As of Nov 8, 2026.
What discount rate (WACC) does the fair value of 2028 use?
Our models discount Wei Chih Steel Industrial Co Ltd at 12.3 %: a base by market capitalisation (micro), damped by beta 0.70, 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 Wei Chih Steel Industrial Co Ltd that is -10.3 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (12.3 %) and the same formula as our fair value.
How much growth has Wei Chih Steel Industrial Co Ltd (2028) delivered so far?
Over the past 5 years revenue at Wei Chih Steel Industrial Co Ltd grew -0.4 % a year. The price currently implies free-cash-flow growth of -10.3 % 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 Wei Chih Steel Industrial Co Ltd (2028) growing?
The median revenue growth in the sector is +9.8 % a year. That is the yardstick for the growth priced into Wei Chih Steel Industrial Co Ltd (-10.3 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Wei Chih Steel Industrial Co Ltd (2028)?
The free-cash-flow yield on the price is 28.97 %: that much free cash flow Wei Chih Steel Industrial Co Ltd produces per unit of market value. When it exceeds the discount rate of our models (12.3 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Wei Chih Steel Industrial Co Ltd (2028)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Wei Chih Steel Industrial Co Ltd it is 9.38 TWD per share (as of Nov 8, 2026), against a price of 14.55 TWD. It is the blended result of 20 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Wei Chih Steel Industrial Co Ltd stock overvalued or undervalued in 2026?
As of Nov 8, 2026, 2028 trades above its calculated fair value: price 14.55 TWD, fair value 9.38 TWD, a gap of about −36% (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 2028?
No. The price is what the market pays today (14.55 TWD); the fair value is what the company's own numbers justify (9.38 TWD). For Wei Chih Steel Industrial Co Ltd the two are 5.17 TWD per share apart. That gap is exactly why we show both numbers side by side.
How much is Wei Chih Steel Industrial Co Ltd worth?
The market values Wei Chih Steel Industrial Co Ltd at about 4.7B TWD (market capitalisation, as of Nov 8, 2026). Per share that is 14.55 TWD; our models calculate a fair value of 9.38 TWD per share.
What do the bullish and bearish scenarios say about 2028?
Our models span a range for Wei Chih Steel Industrial Co Ltd: cautious scenario 7.04 TWD, base 9.38 TWD, optimistic 11.74 TWD per share (as of Nov 8, 2026, price 14.55 TWD). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 2028?
Wei Chih Steel Industrial Co Ltd trades at a price-to-earnings ratio of 34.6 (as of Nov 8, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 9.38 TWD is built from several models across several years. Median P/E at fiscal year-end, 10 fiscal years (2016 to 2025), reported earnings: 14.5. Other multiples: P/B 1.0, P/S 0.5, EV/EBITDA 11.5.
How solid is the balance sheet of Wei Chih Steel Industrial Co Ltd (2028)?
Balance-sheet figures for Wei Chih Steel Industrial Co Ltd (as of Nov 8, 2026): return on equity 2.9%, debt of 0.35 per unit of equity. They feed the Quality Score of 56/100, which measures business quality independently of the share price.
How far is 2028 from its 52-week high?
Wei Chih Steel Industrial Co Ltd trades at 14.55 TWD, about 29% below its 52-week high of 20.45 TWD and at the low of 14.55 TWD (as of Nov 9, 2026). Distance from the high says nothing about value: that is what the fair value of 9.38 TWD is for.
Which stocks are comparable to Wei Chih Steel Industrial Co Ltd?
From the same area (Basic Materials) we also value Nucor Corporation, ArcelorMittal S.A, Steel Dynamics, Inc, JSW Steel Limited, 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 Wei Chih Steel Industrial Co Ltd stock attractive at the current price?
The data as of Nov 8, 2026: price 14.55 TWD, calculated fair value 9.38 TWD (−36%), Quality Score 56/100, from 20 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 2028 calculated?
We run Wei Chih Steel Industrial Co Ltd through 20 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 9.38 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. Wei Chih Steel Industrial 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 Wei Chih Steel Industrial Co Ltd (2028)?
The closing price on Nov 9, 2026 was 14.55 TWD. Our model-based fair value is 9.38 TWD, about 36% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Wei Chih Steel Industrial Co Ltd right now?
The price sits above even our optimistic bull case (11.74 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 (56/100) and above fair value, neither a clear bargain nor a standout compounder.
Key figures of Wei Chih Steel Industrial Co Ltd
How large is the market capitalisation of Wei Chih Steel Industrial Co Ltd (2028)?
The market capitalisation of Wei Chih Steel Industrial Co Ltd is 4.7B TWD (≈ $142M). 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 Wei Chih Steel Industrial Co Ltd (2028)?
The price-to-sales ratio of Wei Chih Steel Industrial Co Ltd is 0.54 (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 Wei Chih Steel Industrial Co Ltd (2028)?
Earnings per share at Wei Chih Steel Industrial Co Ltd are 0.4200 TWD (price ÷ EPS = P/E 34.6). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Wei Chih Steel Industrial Co Ltd (2028)?
The dividend yield of Wei Chih Steel Industrial Co Ltd is 2.7% (payout 95.2%). 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 Wei Chih Steel Industrial Co Ltd (2028)?
The net margin of Wei Chih Steel Industrial Co Ltd is 1.6% (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 Wei Chih Steel Industrial Co Ltd (2028)?
The return on equity (ROE) of Wei Chih Steel Industrial Co Ltd is 2.9% (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 Wei Chih Steel Industrial Co Ltd (2028)?
On an EBIT basis the return on assets of Wei Chih Steel Industrial Co Ltd is 9.1% (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 Wei Chih Steel Industrial Co Ltd (2028)?
The operating margin of Wei Chih Steel Industrial Co Ltd is 3.1% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Wei Chih Steel Industrial Co Ltd (2028)?
Revenue at Wei Chih Steel Industrial Co Ltd is growing +0.5% versus a year earlier (3y avg −13.4%). 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 Wei Chih Steel Industrial Co Ltd (2028)?
Earnings per share at Wei Chih Steel Industrial Co Ltd are growing +50.2% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Wei Chih Steel Industrial Co Ltd (2028) carry?
The net debt of Wei Chih Steel Industrial Co Ltd is 2.5B TWD (fiscal year 2025, ≈ 1.8 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch Wei Chih Steel Industrial Co Ltd in the live analysis
One click puts Wei Chih Steel Industrial Co Ltd on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.
Thin data
Nov 8, 2026