Chia Ta World Co Ltd (2033) fair value: what the stock is really worth
As of Nov 12, 2026: fair value (intrinsic value) of Chia Ta World Co Ltd stock TWD 89.26, price TWD 74.00, upside +20.6%, quality 62 out of 100. Rating: undervalued. 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 10, 2026.
How to read this chart
60‑month range 11.55 TWD – 77.10 TWD · fair‑value band 68.51 TWD – 111.98 TWD · the 74.00 TWD price screens below the 89.26 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 10, 2026.
Follow Chia Ta World Co in your weekly email
Every Wednesday you see whether Chia Ta World 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.
Chia Ta World Co., Ltd. engages in the manufacture, processing, and distribution of steel products in Taiwan and Mainland China.
Show moreShow less
The company's products include high carbon steel wires, galvanized steel wires, un-galvanized and galvanized steel wire strands, un-galvanized steel ropes and pre-stressed concrete (PC) steel wires and strands as well as pre-stressed concrete (PC) steel bars, and uncoated and zinc-coated PC steel bars, as well as oil-tempered wires.
The company also offers general steel wire, steel cable, steel strand, steel wire rod, and mechanical hardware parts.
Its products are used in spring/suspension, mattress manufacturing, pre-stressed concrete products, infrastructure, and construction industries, as well as infrastructure applications, such as bridges, beams, and civil engineering.
Chia Ta World Co., Ltd. was founded in 1973 and is headquartered in Tainan City, Taiwan.
Stock analysis
Chia Ta World Co Ltd (2033) currently trades at 74.00 TWD, while our model-based Fair Value estimate is 89.26 TWD, implying the stock looks roughly 17% undervalued today.
Show more
Valuation
How firm this estimate is: it rests on 24 models at a data quality of 96/100, which puts the data coverage at medium.
Scenario range: 68.51 TWD (bear) to 111.98 TWD (bull), the price of 74.00 TWD sits inside 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 62/100 (solid quality), in the Basic Materials sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Chia Ta World Co Ltd reported revenue of 703M TWD in FY2025 versus 845M TWD in FY2021, a compound −4.5%/yr. Reported net income was 28.3M TWD in FY2025, compounding +17.7%/yr from FY2021.
Key figures
Market cap 8.7B TWD (≈ $264M) Micro · P/E ratio 217.6 · P/S ratio 12.7 · EPS (TTM) 0.3400 TWD · Net margin 4.0% · Return on equity 2.6% · Return on assets (EBIT) 0.8% (5-year average) · Operating margin 4.0%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 33 out of 100 (medium confidence).
What moves the price
The share trades about 4% below its 52-week high and 407% above its 52-week low.
For context, the median of 10 Basic Materials peers we cover trades at −39% fair-value upside, at 21%, 2033 screens cheaper than that median.
Fair Value models
The price assumes far more growth than our models allow for, so the models scatter widely (1.03 TWD to 10.11 TWD). Read the Fair Value as a cautious anchor, not a price target; the Growth Forecast section shows what the price assumes.
Bear68.51 TWDFair Value 89.26 TWDBull111.98 TWD
Price 74.00 TWD · Upside +20.6%
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 (0.2953 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.40/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
+21.7%
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.
−4.7%
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). Over 10 years: −0.6% 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.
−1.5%
’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.
+7.4%
Earnings growth per share plus dividend.
Earnings per share, growth per year+7.4%
Dividend (yield on the price)0.0%
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.7.4% vs −4.6%, picking up
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.4% → 4%
Pace: the 5-year rate starts in 2020 (pandemic)
⚠ Revenue per share shrinking 3.1%/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).
+78.9%
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 +76.1% a year for the price.
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 · 418 stocks
Beats the industry median on 5/12 measures
A mixed picture versus its industry peers.
Valuation
Quality Score62 · Top 25%
Fair Value upside+20.6% · Above median
Profitability
Return on equity (12 months)2.6% · Below median
Return on assets2.3% · Above median
Net margin (12 months)4.0% · Above median
Operating margin (12 months)4.0% · Below median
Growth and dividend
Revenue growth (quarter YoY)−7.5% · Bottom 25%
Dividend yield (12 months)0.0% · Bottom 25%
Balance sheet
Debt / equity0.00× · Lowest 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). "Chia Ta World Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/2033
Frequently asked questions
Is Chia Ta World Co Ltd (2033) overvalued or undervalued?
As of Nov 10, 2026, our model estimates a fair value of 89.26 TWD versus a price of 74.00 TWD, about +21% upside (undervalued).
What is the fair value of 2033?
Our model-based fair value for Chia Ta World Co Ltd is 89.26 TWD (as of Nov 10, 2026), built from audited fundamentals. The current price: 74.00 TWD.
What is the quality score of 2033?
Chia Ta World Co Ltd has a Quality Score of 62/100. 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 Chia Ta World Co Ltd (2033)?
Our model-based price target is the fair value of 89.26 TWD (as of Nov 10, 2026) from 24 valuation models. Cautious scenario 68.51 TWD, optimistic scenario 111.98 TWD. It is a calculation from audited fundamentals, not an analyst target.
What is the Chia Ta World Co Ltd stock forecast for 2026?
Our models put fair value at 89.26 TWD, about +21% upside versus a price of 74.00 TWD (undervalued). Cautious scenario 68.51 TWD, optimistic scenario 111.98 TWD. The calculation is refreshed regularly with new filings.
What is the revenue of Chia Ta World Co Ltd (2033)?
Chia Ta World Co Ltd reported trailing-twelve-month revenue of about 685M TWD (latest available figure, as of Nov 10, 2026).
What growth is priced into Chia Ta World Co Ltd (2033)?
For today's price to be fair in a discounted-cash-flow model, Chia Ta World Co Ltd would have to grow free cash flow by +78.9 % per year for five years (discount rate 12.1 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew -1.5 % per year. As of Nov 10, 2026.
What discount rate (WACC) does the fair value of 2033 use?
Our models discount Chia Ta World Co Ltd at 12.1 %: a base by market capitalisation (micro), damped by beta 0.64, 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 Chia Ta World Co Ltd that is +78.9 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (12.1 %) and the same formula as our fair value.
How much growth has Chia Ta World Co Ltd (2033) delivered so far?
Over the past 5 years revenue at Chia Ta World Co Ltd grew -1.5 % a year. The price currently implies free-cash-flow growth of +78.9 % 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 Chia Ta World Co Ltd (2033) growing?
The median revenue growth in the sector is +8.7 % a year. That is the yardstick for the growth priced into Chia Ta World Co Ltd (+78.9 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Chia Ta World Co Ltd (2033)?
The free-cash-flow yield on the price is 0.28 %: that much free cash flow Chia Ta World Co Ltd produces per unit of market value. When it exceeds the discount rate of our models (12.1 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Chia Ta World Co Ltd (2033)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Chia Ta World Co Ltd it is 89.26 TWD per share (as of Nov 10, 2026), against a price of 74.00 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 Chia Ta World Co Ltd stock overvalued or undervalued in 2026?
As of Nov 10, 2026, 2033 trades below its calculated fair value: price 74.00 TWD, fair value 89.26 TWD, a gap of about +21% (undervalued). 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 2033?
No. The price is what the market pays today (74.00 TWD); the fair value is what the company's own numbers justify (89.26 TWD). For Chia Ta World Co Ltd the two are 15.26 TWD per share apart. That gap is exactly why we show both numbers side by side.
How much is Chia Ta World Co Ltd worth?
The market values Chia Ta World Co Ltd at about 8.7B TWD (market capitalisation, as of Nov 10, 2026). Per share that is 74.00 TWD; our models calculate a fair value of 89.26 TWD per share.
What do the bullish and bearish scenarios say about 2033?
Our models span a range for Chia Ta World Co Ltd: cautious scenario 68.51 TWD, base 89.26 TWD, optimistic 111.98 TWD per share (as of Nov 10, 2026, price 74.00 TWD). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 2033?
Chia Ta World Co Ltd trades at a price-to-earnings ratio of 217.6 (as of Nov 10, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 89.26 TWD is built from several models across several years. Median P/E at fiscal year-end, 8 fiscal years (2016 to 2025), reported earnings: 51.2. Other multiples: P/B 8.2, P/S 12.7.
How solid is the balance sheet of Chia Ta World Co Ltd (2033)?
Balance-sheet figures for Chia Ta World Co Ltd (as of Nov 10, 2026): return on equity 2.6%, debt of 0.00 per unit of equity. They feed the Quality Score of 62/100, which measures business quality independently of the share price.
How far is 2033 from its 52-week high?
Chia Ta World Co Ltd trades at 74.00 TWD, about 4% below its 52-week high of 77.10 TWD and 407% above the low of 14.60 TWD (as of Nov 12, 2026). Distance from the high says nothing about value: that is what the fair value of 89.26 TWD is for.
Which stocks are comparable to Chia Ta World 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 Chia Ta World Co Ltd stock attractive at the current price?
The data as of Nov 10, 2026: price 74.00 TWD, calculated fair value 89.26 TWD (+21%), Quality Score 62/100, 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 2033 calculated?
We run Chia Ta World Co Ltd 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 89.26 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 14.3% above its aggregate fair value. Chia Ta World Co Ltd currently trades 17% below its own fair value, and the market average says nothing about that. 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 Chia Ta World Co Ltd (2033)?
The closing price on Nov 12, 2026 was 74.00 TWD. Our model-based fair value is 89.26 TWD, about +21% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Chia Ta World Co Ltd right now?
Solid quality (62/100) at a price below fair value, the discount is the argument here, not the business quality. The price sits in the lower half of our model range, the side with the larger margin of safety. Read the verdict with care: some models are missing inputs, so the estimate scatters more than usual.
Key figures of Chia Ta World Co Ltd
How large is the market capitalisation of Chia Ta World Co Ltd (2033)?
The market capitalisation of Chia Ta World Co Ltd is 8.7B TWD (≈ $264M). 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 Chia Ta World Co Ltd (2033)?
The price-to-sales ratio of Chia Ta World Co Ltd is 12.7 (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 Chia Ta World Co Ltd (2033)?
Earnings per share at Chia Ta World Co Ltd are 0.3400 TWD (price ÷ EPS = P/E 217.6). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Chia Ta World Co Ltd (2033)?
The net margin of Chia Ta World Co Ltd is 4.0% (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 Chia Ta World Co Ltd (2033)?
The return on equity (ROE) of Chia Ta World Co Ltd is 2.6% (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 Chia Ta World Co Ltd (2033)?
On an EBIT basis the return on assets of Chia Ta World Co Ltd is 0.8% (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 Chia Ta World Co Ltd (2033)?
The operating margin of Chia Ta World Co Ltd is 4.0% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Chia Ta World Co Ltd (2033)?
Revenue at Chia Ta World Co Ltd is growing −7.5% versus a year earlier (3y avg −4.7%). 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 Chia Ta World Co Ltd (2033)?
Earnings per share at Chia Ta World Co Ltd are growing +20.0% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Chia Ta World Co Ltd (2033) carry?
The net debt of Chia Ta World Co Ltd is 59.8M TWD (fiscal year 2025, ≈ 3.6 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 Chia Ta World Co Ltd in the live analysis
One click puts Chia Ta World Co Ltd on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.
Some data
Nov 10, 2026