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SunWay Biotech Co (1271) Fair Value & Analysis

Consumer Defensive · TW · Market cap 3.6B TWD

SB SunWay Biotech Co 1271 · TWO
Price60.50 TWD
Fair Value37.48 TWD
Upside-38.1%
Quality45/100
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Healthy Growth
Solidly profitable · 10.2% net margin
Low debt · generates free cash flow
Trails peers (5/14)
Narrow moat 40/100
Evidence: High Range 27.46 TWD – 37.48 TWD Share as image

Fair value as of: Jul 23, 2026

From 24 valuation models · updated 18 days ago

Share price −4.4% over the past month.

Below-average quality, and screening another 38% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (37.48 TWD). The favourable scenario is already priced in.
  • Solid but not exceptional quality (45/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

133.54 TWD 40.35 TWD Fair Value 37.48 TWD Feb 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 23, 2026.

How to read this chart

60‑month range 40.35 TWD – 133.54 TWD · fair‑value band 27.46 TWD – 37.48 TWD · the 60.50 TWD price screens above the 37.48 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 23, 2026.

Full chart & analysis →

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Analysis

SunWay Biotech Co (1271) currently trades at 60.50 TWD, while our model-based Fair Value estimate is 37.48 TWD, implying the stock looks roughly 38.1% overvalued today. The Quality Score stands at 45/100 (below-average 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: high).

Over the trailing twelve months, SunWay Biotech Co generated revenue of 993M TWD at a net margin of 10.2%. Revenue grew 8.6% year over year. It earns a return on equity of 3.1%. Net debt stands at 358M TWD. Fundamentals as of Jul 23, 2026

Our scenario range runs from 27.46 TWD (bear case) to 37.48 TWD (bull case); at 60.50 TWD, the current price sits above 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 33% below its 52-week high and 19% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Defensive peers we cover trades at -3% fair-value upside, at -38%, 1271 screens richer 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
Growth DCF 27.75 TWD 54.45 TWD 97.45 TWD 80
Residual Income 38.81 TWD 37.48 TWD 31.21 TWD 76
Rev-Margin DCF 21.83 TWD 39.19 TWD 75.61 TWD 74
All 24 models by family
DCF Models
FCF DCF 29.67 TWD 46.65 TWD 99.59 TWD 38
Owner Earnings 15.07 TWD 35.58 TWD 77.05 TWD 31
5Y Revenue Exit 19.68 TWD 34.02 TWD 63.92 TWD 39
5Y EBITDA Exit 28.15 TWD 51.15 TWD 96.25 TWD 41
5Y P/E Exit 26.84 TWD 60.96 TWD 107.23 TWD 38
10Y Revenue Exit 22.33 TWD 47.90 TWD 63.17 TWD 36
10Y EBITDA Exit 29.06 TWD 65.74 TWD 129.33 TWD 37
10Y P/E Exit 28.13 TWD 62.99 TWD 119.77 TWD 35
Earnings-Based
Graham-Dodd 11.49 TWD 80.11 TWD 112.42 TWD 54
Lynch FV 41.39 TWD 59.12 TWD 76.86 TWD 50
PEG = 1.0 41.39 TWD 59.12 TWD 76.86 TWD 46
EPV 10.40 TWD 12.33 TWD 13.99 TWD 59
Multiples
P/E Multiple 26.61 TWD 35.47 TWD 44.34 TWD 63
P/S Multiple 21.54 TWD 28.72 TWD 35.90 TWD 58
P/B Multiple 21.54 TWD 28.72 TWD 35.90 TWD 55
EV/EBIT 20.30 TWD 27.67 TWD 35.03 TWD 53
EV/EBITDA 26.58 TWD 36.04 TWD 45.50 TWD 54
EV/Revenue 13.98 TWD 20.73 TWD 27.49 TWD 43
Asset-Based
NCAV (Graham) 27.14 TWD 36.36 TWD 54.27 TWD 50
Growth DCF
Growth DCF 27.75 TWD 54.45 TWD 97.45 TWD 80
Rev-Margin DCF 21.83 TWD 39.19 TWD 75.61 TWD 74
Economic Profit
Residual Income 38.81 TWD 37.48 TWD 31.21 TWD 76
ROIC Compounder 10.40 TWD 12.33 TWD 13.99 TWD 72
Growth Earnings
Growth-Adj P/E 54.13 TWD 77.33 TWD 100.53 TWD 68

Widest divergence: Growth Earnings (77.33 TWD) versus Economic Profit (12.33 TWD). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 993M TWD
Revenue growth (YoY) +8.6%
Net margin 10.2%
Return on equity 3.1%
Free cash flow 119M TWD FY2025
P/E ratio 36.1
More key figures
Operating margin 8.6%
EPS (TTM) 1.68 TWD
EPS growth (YoY) +41.8%
Net debt 358M TWD FY2025

Figures from reported company fundamentals · as of Jul 23, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 45/100

Of which business quality 49 · Market factors (momentum, volatility) 45

Profitability 26
Margins and returns on capital today
Quality Growth 50
Are margins and returns improving?
Cashflow 66
Earnings quality: real cash, not paper profit
Fin. Strength 75
Balance sheet, leverage, solvency risk
Investment 18
Disciplined investing over empire-building
Low Volatility 65
Calm price path (market factor)
Momentum 42
Price trend over the last 3–12 months (market factor)
52W Momentum 29
Distance to the 52-week high (market factor)
Net Issuance 43
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

SunWay Biotech Co., LTD. focuses on professional research and development, and technical material manufacturing and processing business. The company offers red yeast rice and lactic acid bacteria products, as well as other health supplements; and wholesale and manufacturing of pharmaceutical products.

Full company description

SunWay Biotech Co., LTD. focuses on professional research and development, and technical material manufacturing and processing business. The company offers red yeast rice and lactic acid bacteria products, as well as other health supplements; and wholesale and manufacturing of pharmaceutical products. The company also researches, designs, and manufactures Monascus purpureus NTU 568; Lactobacillus paracasei subsp. paracasei NTU 101; and related products. The company was founded in 2007 and is based in Taipei, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

SunWay Biotech Co reported revenue of 993M TWD in FY2025 versus 380M TWD in FY2021, a compound +27.1%/yr. Reported net income was 102M TWD in FY2025, compounding −11.9%/yr from FY2021.

Growth Quality 95/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
993M TWD
Latest YoY
+2.4%
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.
+32.7%
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.
+25.9%
Avg. growth/yr (12Y) 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.
+38.1%
Revenue +27.1%/yr
FY21 380M TWD
FY22 425M TWD
FY23 571M TWD
FY24 970M TWD
FY25 993M TWD
Net income −11.9%/yr
FY21 169M TWD
FY22 30.0M TWD
FY23 46.1M TWD
FY24 119M TWD
FY25 102M TWD

1271 screens 38% overvalued. Compare with Nestlé India Limited →

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Cite: Fair Value Calculator (2026). "SunWay Biotech Co Fair Value". https://www.fairvalue-calculator.com/stock/1271

Peer Group

Packaged Foods · 649 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 45 · Below median
Fair Value upside −38% · Below median
Return on equity (TTM) 3% · Below median
Return on assets 2% · Below median
Net margin (TTM) 10% · Top 25%
Operating margin (TTM) 9% · Above median
Revenue growth 9% · Above median
Dividend yield (TTM) 0.0% · Bottom 25%
Debt / equity 0.13× · Higher than median

Valuation Multiples vs Packaged Foods median · lower = cheaper

P/E (TTM) 36.1× · Pricier than 75% of peers
P/B 1.12× · Cheaper than median
P/S (TTM) 3.67× · Pricier than 75% of peers
P/FCF 1.0× · Cheaper than median
EV/EBITDA 24.6× · Pricier 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.

VALUE 0 · sector 28
FUTURE 43 · sector 20
PAST 12 · sector 27
HEALTH 94 · sector 96
DIVIDEND 0 · sector 47

VALUE 0: the price sits above our fair-value range.

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

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Packaged Foods stocks, each showing price versus our Fair Value estimate (as of Jul 23, 2026).

Stock Price Fair Value vs Fair Value
Nestlé India Limited NESTLEIND ₹1,427 ₹362.37 -75%
Britannia Industries Limited BRITANNIA ₹5,413 ₹1,870 -65%
Tata Consumer Products Limited TATACONSUM ₹1,089 ₹327.27 -70%
PT Indofood CBP Sukses Makmur Tbk ICBP 6,650 IDR 15,757 IDR +137%
Samyang Foods Co 003230 1,139,000 KRW 1,010,543 KRW -11%
Patanjali Foods Limited PATANJALI ₹413.80 ₹157.04 -62%
Vietnam Dairy Products Joint Stock Company VNM 58,500 VND 68,259 VND +17%
PT Mayora Indah Tbk, MYOR 1,750 IDR 2,699 IDR +54%
PT Cisarua Mountain Dairy Tbk CMRY 4,490 IDR 4,355 IDR -3%
Nongshim Co 004370 348,500 KRW 530,619 KRW +52%

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Frequently asked questions

Is SunWay Biotech Co (1271) overvalued or undervalued?
As of Jul 23, 2026, our model estimates a fair value of 37.48 TWD versus a price of 60.50 TWD, about −38% (overvalued).
What is the fair value of 1271?
Our model-based fair value for SunWay Biotech Co is 37.48 TWD (as of Jul 23, 2026), built from audited fundamentals. The current price is 60.50 TWD.
What is the quality score of 1271?
SunWay Biotech Co has a Quality Score of 45/100. 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 SunWay Biotech Co (1271)?
SunWay Biotech Co reported trailing-twelve-month revenue of about 993M TWD (latest available figure, as of Jul 23, 2026).
What is the net profit margin of 1271?
The net profit margin of SunWay Biotech Co is about 10.2%, meaning it keeps roughly 10.2% of revenue as net income. Based on the latest reported figures.

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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