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Hunya Foods Co Ltd (1236) Fair Value & Analysis

Consumer Defensive · TW · Market cap 2.0B TWD

HF Hunya Foods Co Ltd 1236 · TW
Price25.55 TWD
Fair Value21.51 TWD
Upside-15.8%
Quality50/100
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Risks

!Trades 16% ABOVE our fair value of 21.51 TWD
!Expensive Growth
!Loss-making · -1.2% net margin
!Low debt · negative free cash flow
Expensive Growth
Loss-making · -1.2% net margin
Low debt · negative free cash flow
6.96% dividend yield
Mixed vs. peers (5/11)
Narrow moat 23/100
Evidence: Low Range 14.71 TWD – 28.31 TWD Share as image

Fair value as of: Aug 13, 2026

From 3 valuation models · updated 7 days ago

Share price +8.3% over the past month.

A solid business, but screening 16% overvalued on our models.

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What matters now

  • Solid but not exceptional quality (50/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (14.71 TWD to 28.31 TWD) leaves room in how you read the outcome.
  • Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
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Price vs Fair Value (5 years)

30.02 TWD 12.52 TWD Fair Value 21.51 TWD Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range 12.52 TWD – 30.02 TWD · fair‑value band 14.71 TWD – 28.31 TWD · the 25.55 TWD price screens above the 21.51 TWD fair value. Dashed = 300-day average. As of Aug 13, 2026.

Full chart & analysis →

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Analysis

Hunya Foods Co Ltd (1236) currently trades at 25.55 TWD, while our model-based Fair Value estimate is 21.51 TWD, implying the stock looks roughly 15.8% overvalued today. The Quality Score stands at 50/100 (solid quality), in the Consumer Defensive sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: low).

Over the trailing twelve months, Hunya Foods Co Ltd generated revenue of 1.8B TWD at a net margin of -1.2%. Revenue grew 5.7% year over year. It earns a return on equity of -0.9%. Net debt stands at 493M TWD. Fundamentals as of Aug 13, 2026

Our scenario range runs from 14.71 TWD (bear case) to 28.31 TWD (bull case); at 25.55 TWD, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 11% below its 52-week high and 24% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Defensive peers we cover trades at -37% fair-value upside, at -16%, 1236 screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model 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. Evidence
Highest evidence
EV/EBITDA 15.87 TWD 22.67 TWD 29.47 TWD 54
NCAV (Graham) 14.55 TWD 19.50 TWD 29.11 TWD 50
Owner Earnings 1.20 TWD 3.30 TWD 7.07 TWD 31
All 3 models by family
DCF Models
Owner Earnings 1.20 TWD 3.30 TWD 7.07 TWD 31
Multiples
EV/EBITDA 15.87 TWD 22.67 TWD 29.47 TWD 54
Asset-Based
NCAV (Graham) 14.55 TWD 19.50 TWD 29.11 TWD 50

Widest divergence: Multiples (22.67 TWD) versus DCF Models (3.30 TWD). Highest evidence: EV/EBITDA (54).

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Key figures & financial health

Revenue (TTM) 1.8B TWD
Revenue growth (YoY) +5.7%
Net margin -1.2%
Return on equity -0.9%
Free cash flow −6.7M TWD FY2025
Operating margin 4.6%
More key figures
EPS (TTM) -0.4300 TWD
Dividend yield 7.0%
EPS growth (YoY) +284%
Net debt 493M TWD FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 50/100

Of which business quality 48 · Market factors (momentum, volatility) 63

Profitability 17
Margins and returns on capital today
Quality Growth 44
Are margins and returns improving?
Cashflow 17
Earnings quality: real cash, not paper profit
Fin. Strength 63
Balance sheet, leverage, solvency risk
Investment 90
Disciplined investing over empire-building
Low Volatility 91
Calm price path (market factor)
Momentum 47
Price trend over the last 3–12 months (market factor)
52W Momentum 60
Distance to the 52-week high (market factor)
Net Issuance 88
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Hunya Foods Co., Ltd. engages in manufacturing, processing, and trading of confectionery, biscuits, chocolates, mooncakes, pastries, bread, and cakes. It operates through 77 Operations, Rivon Operations, and Croissant Operations segments. The company offers nougats, chocolates, wafers, and puff pastries.

Full company description

Hunya Foods Co., Ltd. engages in manufacturing, processing, and trading of confectionery, biscuits, chocolates, mooncakes, pastries, bread, and cakes. It operates through 77 Operations, Rivon Operations, and Croissant Operations segments. The company offers nougats, chocolates, wafers, and puff pastries. It is involved in covering department stores, supermarkets, convenience stores, etc. for chocolate products; managing wedding cakes and bakery products through online direct sales; and production and sale of western pastries, bread, frozen dough, and cakes. The company was incorporated in 1976 and is headquartered in New Taipei City, Taiwan.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Hunya Foods Co Ltd reported revenue of 1.8B TWD in FY2025 versus 1.8B TWD in FY2021, a compound +0.8%/yr. Reported net income was −36.9M TWD in FY2025.

Growth Quality 10/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
1.8B TWD
Latest YoY
−8.3%
Avg. growth/yr (3Y) 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.
−4.9%
Avg. growth/yr (5Y) 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.
+2.1%
Avg. growth/yr (23Y) 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.
+1.5%
Revenue +0.8%/yr
FY21 1.8B TWD
FY22 2.1B TWD
FY23 1.9B TWD
FY24 2.0B TWD
FY25 1.8B TWD
Net income
FY21 −27.4M TWD
FY22 424M TWD
FY23 15.7M TWD
FY24 −24.1M TWD
FY25 −36.9M TWD

1236 screens 16% overvalued. Compare with Chocoladefabriken Lindt & Sprüngli AG →

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Cite: Fair Value Calculator (2026). "Hunya Foods Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/1236

Peer Group

Confectioners · 79 stocks

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.

Quality Score 48 · Above median
Fair Value upside −16% · Below median
Return on assets -0% · Bottom 25%
Net margin (TTM) -1% · Below median
Operating margin (TTM) 5% · Below median
Revenue growth 6% · Above median
Dividend yield (TTM) 6.5% · Top 25%
Debt / equity 0.17× · Higher than median

Valuation Multiples vs Confectioners median · lower = cheaper

P/S (TTM) 0.04× · Cheaper than 75% of peers
EV/EBITDA 2.6× · Cheaper than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE12 · sector 16
FUTURE29 · sector 0
PAST0 · sector 21
HEALTH92 · sector 92
DIVIDEND100 · sector 56

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Confectioners stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Chocoladefabriken Lindt & Sprüngli AG LISN CHF 94,500 CHF 9,669 -90%
Mondelez International, Inc MDLZ $62.66 $27.36 -56%
The Hershey Company HSY $184.23 $91.25 -50%
Barry Callebaut AG BARN CHF 1,136 CHF 711.91 -37%
ORION Corp 271560 124,600 KRW 203,315 KRW +63%
Guangxi Yuegui Guangye Holdings 000833 ¥20.48 ¥9.09 -56%
Cloetta AB CLAB kr 54.85 kr 59.12 +8%
Balrampur Chini Mills Limited BALRAMCHIN ₹652.15 ₹318.59 -51%
PT Yupi Indo Jelly Gum Tbk YUPI 1,295 IDR 1,140 IDR -12%
ORION Holdings 001800 26,850 KRW 42,237 KRW +57%

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Frequently asked questions

Is Hunya Foods Co Ltd (1236) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 21.51 TWD versus a price of 25.55 TWD, about −16% (overvalued).
What is the fair value of 1236?
Our model-based fair value for Hunya Foods Co Ltd is 21.51 TWD (as of Aug 13, 2026), built from audited fundamentals. The current price: 25.55 TWD.
What is the quality score of 1236?
Hunya Foods Co Ltd has a Quality Score of 50/100. 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 revenue of Hunya Foods Co Ltd (1236)?
Hunya Foods Co Ltd reported trailing-twelve-month revenue of about 1.8B TWD (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 1236?
The net profit margin of Hunya Foods Co Ltd is about -1.2%, meaning it is currently running at a net loss. Based on the latest reported figures.
Does Hunya Foods Co Ltd pay a dividend?
Hunya Foods Co Ltd currently shows a dividend yield of about 6.96% relative to its recent price (as of Aug 13, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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