Taiwan Cement Corp (1101) fair value: what the stock is really worth
We calculate from audited financials what Taiwan Cement Corp is really worth. The fair value tells you whether the price is too high or too low, the quality score (0 to 100) how solid the business behind it is. 26 models, 37 quality factors, updated daily.
- Fair value above price? Yes
- Good quality? No
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Taiwan Cement Corp
1101 · TWSpeculativeUpside exists, but weak quality makes the signal speculative.
What runs behind every stock
69 individual criteria per stock, every one traceable See the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 13, 2026.
How to read this chart
60‑month range 20.40 TWD – 50.41 TWD · fair‑value band 15.84 TWD – 44.89 TWD · the 24.50 TWD price screens below the 30.09 TWD fair value. Dashed = 300-day average. As of Sep 13, 2026.
Company profile
TCC Group Holdings Co., Ltd. manufactures and markets cement, cement-related products, and ready-mixed concrete in Asia, Europe, and Africa. It operates through Cement, Electricity and Energy, Social Aspect of Energy Transition, and Other segments.
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TCC Group Holdings Co., Ltd. manufactures and markets cement, cement-related products, and ready-mixed concrete in Asia, Europe, and Africa. It operates through Cement, Electricity and Energy, Social Aspect of Energy Transition, and Other segments. The company is also involved in the thermal and renewable energy generation; and land and marine transportation business, and production and sale of refractory materials, etc. In addition, it provides engineering, property leasing and development, energy technology, information software design, software development, business consulting, mining excavation, waste collection and treatment, biomass technical, biomass fuel processing, crop straw treatment, import and export trading, resource recycling service technical consultation, tourism and recreation, software product and equipment maintenance, parking management, and property management services, as well as services for accommodation, catering, and health and entertainment. Further, the company engages in the warehousing, transportation, filtering, and sale of sand and gravel; manufacturing and sale of energy storage equipment, batteries, power generation machinery, and electronic components; operation of energy storage and electric vehicle charging stations; sale, import, and export of charging and storage equipment; and sale of charging piles and building materials, as well as intelligent power transmission, distribution and control equipment. Additionally, it is involved in the recycle resource technology development and consultation, business management, and sale activities; biomass solid recovered fuel sales; service of port facility; environmental protection material processing, manufacturing, and operation and related activities; and manufacturing of mortars and paper bags. The company was formerly known as Taiwan Cement Corp. TCC Group Holdings Co., Ltd. was incorporated in 1946 and is headquartered in Taipei, Taiwan.
Stock analysis
Taiwan Cement Corp (1101) currently trades at 24.50 TWD, while our model-based Fair Value estimate is 30.09 TWD, implying the stock looks roughly 18.6% undervalued today.
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Valuation
Bull case: the Asset-Based group reads highest at a median of 20.74 TWD per share, and 2 of the 15 models we run sit above the 24.50 TWD price.
Bear case: the Multiples group reads lowest at 8.76 TWD, and 13 of the 15 models stay below the price. Evidence for this calculation is low.
Scenario range: 15.84 TWD (bear) to 44.89 TWD (bull), the price of 24.50 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 38/100 (below-average quality), in the Basic Materials sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Taiwan Cement Corp reported revenue of 150B TWD in FY2025 versus 107B TWD in FY2021, a compound +8.8%/yr. Reported net income was −11.6B TWD in FY2025.
Key figures
Market cap 178B TWD (≈ $5.6B) · P/S ratio 1.24 · EPS (TTM) −1.60 TWD · Dividend yield 3.3% · Net margin −7.8% · Return on equity −3.7% · Return on assets (EBIT) 3.0% · Operating margin 8.4%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 45 out of 100 (low confidence).
What moves the price
The share trades about 11% below its 52-week high and 21% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at −53% fair-value upside, at 23%, 1101 screens cheaper than that median.
Fair Value models
All 15 models by family
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Set up alert →Quality Score breakdown
Of which business quality 38 · Market factors (momentum, volatility) 58
Revenue & earnings trend
Growth Forecast
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Compare Taiwan Cement Corp with another stock
Price, fair value, quality and upside side by side.
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.Building Materials · 257 stocks
Valuation Multiplesvs Building Materials median · lower = cheaper
Strength profile in five axes (Snowflake)
Context: sector, industry, market
- Is the Materials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Undervalued stocks: Taiwanese Stocks
- Valuation of the Taiwan market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Building Materials stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| CRH plc CRH | $88.55 | $69.69 | −21% |
| Holcim AG HOLN | CHF 70.44 | CHF 33.05 | −53% |
| Vulcan Materials Company VMC | $252.74 | $114.48 | −55% |
| UltraTech Cement Limited ULTRACEMCO | ₹11,000 | ₹4,718 | −57% |
| Martin Marietta Materials, Inc MLM | $509.96 | $215.31 | −58% |
| China Jushi Co 600176 | ¥44.66 | ¥29.22 | −35% |
| Amrize AG AMRZ | $40.52 | $31.93 | −21% |
| Grasim Industries Limited GRASIM | ₹3,282 | ₹1,126 | −66% |
| CEMEX, S.A. CX | $10.69 | $20.77 | +94% |
| James Hardie Industries plc JHX | A$39.01 | A$9.64 | −75% |
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