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Tainan Spinning Co (1440) Fair Value & Analysis

Consumer Cyclical · TW · Market cap 21.9B TWD

TS Tainan Spinning Co 1440 · TW
Price14.45 TWD
Fair Value6.61 TWD
Upside-54.3%
Quality59/100
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Evidence: Medium Range 3.48 TWD – 9.75 TWD

Fair value as of: Jul 7, 2026

From 11 valuation models · updated today

Fair value updated Jul 7, 2026 — revised from 66.78 TWD to 6.61 TWD (−90.1%) since Jun 24, 2026. Share price −7.4% over the past month.

Price vs Fair Value (12 months)

15.60 TWD 11.30 TWD Fair Value 6.61 TWD Jun 2025 Jul 2026

12‑month range 11.30 TWD – 15.60 TWD · fair‑value band 3.48 TWD – 9.75 TWD · the 14.45 TWD price screens above the 6.61 TWD fair value. As of Jul 7, 2026.

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Analysis

Tainan Spinning Co (1440) currently trades at 14.45 TWD, while our model-based Fair Value estimate is 6.61 TWD — implying the stock looks roughly 54.3% overvalued today. We read business quality at 59/100 (solid quality), in the Consumer Cyclical 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: medium).

Over the trailing twelve months, Tainan Spinning Co generated revenue of 13.6B TWD at a net margin of -1.8%. Revenue declined 19.6% year over year. It earns a return on equity of -0.7%. Net debt stands at 6.3B TWD. Fundamentals as of Jul 7, 2026

Our scenario range runs from 3.48 TWD (bear case) to 9.75 TWD (bull case); at 14.45 TWD, the current price sits above that range. The share trades about 9% below its 52-week high and 28% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -34% fair-value upside — at -54%, 1440 screens richer than that median.

Key figures & financial health

Revenue (TTM) 13.6B TWD
Revenue growth (YoY) -19.6%
Net margin -1.8%
Return on equity -0.7%
Free cash flow 2.3B TWD FY2025
Operating margin -3.8%
More key figures
EPS (TTM) -0.1500 TWD
Dividend yield 2.3%
EPS growth (YoY) -33.5%
Net debt 6.3B TWD FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 7, 2026. TTM = trailing twelve months.

About the company

Tainan Spinning Co., Ltd. engages in the manufacture and sale of various textile products and synthetic fiber materials in Taiwan, Mainland China, Hong Kong, Vietnam, and internationally. The company offers yarns, polyester fiber, polyester filament yarn, draw textured yarn, polyester chips, fiber/filament DM, and yarns DM. It is also involved in the land development; investment business; department stores operation; public housing building; commercial property sale and rental; international trade; and textile dyeing and finishing businesses. Tainan Spinning Co., Ltd. was incorporated in 1955 and is headquartered in Tainan City, Taiwan.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Tainan Spinning Co reported revenue of 14.4B TWD in FY2025 versus 20.2B TWD in FY2021, a compound −8.1%/yr. Reported net income was −248M TWD in FY2025.

Revenue −8.1%/yr
FY21 20.2B TWD
FY22 22.0B TWD
FY23 19.4B TWD
FY24 17.2B TWD
FY25 14.4B TWD
Net income
FY21 2.9B TWD
FY22 1.2B TWD
FY23 2.1B TWD
FY24 −558M TWD
FY25 −248M TWD

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Cite: Fair Value Calculator (2026). "Tainan Spinning Co Fair Value". https://www.fairvalue-calculator.com/stock/1440

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10 more Textile Manufacturing stocks, each showing price versus our Fair Value estimate (as of Jul 7, 2026).

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Shenzhou International Group SZHIF $6.78 $9.47 +40%
Tongkun Group 601233 ¥23.09 ¥14.53 -37%
HMT (Xiamen) New Technical Materials Co 603306 ¥110.20 ¥13.36 -88%
Far Eastern New Century Corporation 1402 27.55 TWD 28.72 TWD +4%
K.P.R. Mill Limited KPRMILL ₹1,181 ₹467.49 -60%
Shijiazhuang ChangShan BeiMing Technology Co 000158 ¥14.74 ¥1.86 -87%
Zhejiang Orient Holdings 600120 ¥4.67 ¥2.33 -50%
Vardhman Textiles Limited VTL ₹666.25 ₹437.96 -34%
Shandong Fiberglass Group 605006 ¥22.82 ¥16.45 -28%

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Frequently asked questions

Is Tainan Spinning Co (1440) undervalued?
As of Jul 7, 2026, our model estimates a fair value of 6.61 TWD versus a price of 14.45 TWD — about −54% (overvalued). Model-based estimate, not financial advice.
What is the fair value of 1440?
Our model-based fair value for Tainan Spinning Co is 6.61 TWD (as of Jul 7, 2026), built from audited fundamentals. The current price is 14.45 TWD.
What is the quality score of 1440?
Tainan Spinning Co has a Quality Score of 59/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Tainan Spinning Co (1440)?
Tainan Spinning Co reported trailing-twelve-month revenue of about 13.6B TWD (latest available figure, as of Jul 7, 2026).
What is the net profit margin of 1440?
The net profit margin of Tainan Spinning Co is about -1.8%, meaning it is currently running at a net loss. Based on the latest reported figures.
Does Tainan Spinning Co pay a dividend?
Tainan Spinning Co currently shows a dividend yield of about 2.29% relative to its recent price (as of Jul 7, 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.

Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.