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Ta Jiang Co Ltd (1453) Fair Value & Analysis

Consumer Cyclical · TW · Market cap 1.3B TWD

TJ Ta Jiang Co Ltd 1453 · TW
Price11.30 TWD
Fair Value22.19 TWD
Upside+96.4%
Quality35/100
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Strengths

Trades 96% below our fair value of 22.19 TWD

Risks

!Weak Growth
!negative free cash flow
!Trails peers (2/7)
!Narrow moat 13/100
Weak Growth
negative free cash flow
Trails peers (2/7)
Narrow moat 13/100
Evidence: Medium Range 16.72 TWD – 27.66 TWD Share as image

Fair value as of: Aug 13, 2026

From 8 valuation models · updated 7 days ago

Fair value updated Aug 13, 2026, revised from 0.6900 TWD to 22.19 TWD (+3,115.9%) since Jul 21, 2026. Share price +0.9% over the past month.

Below-average quality, screening 96% undervalued on our models.

What matters now

  • The large discount to fair value meets weak quality (35/100). That raises the risk this is a value trap rather than a bargain.
  • The price is below even our cautious bear case (16.72 TWD). The market is more pessimistic than our downside scenario.
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Price vs Fair Value (5 years)

36.10 TWD 7.90 TWD Fair Value 22.19 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 7.90 TWD – 36.10 TWD · fair‑value band 16.72 TWD – 27.66 TWD · the 11.30 TWD price screens below the 22.19 TWD fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Ta Jiang Co Ltd (1453) currently trades at 11.30 TWD, while our model-based Fair Value estimate is 22.19 TWD, implying the stock looks roughly 96.4% undervalued today. The Quality Score stands at 35/100 (below-average quality), in the Consumer Cyclical sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: medium), always confirm before acting.

Trailing-twelve-month revenue stands at 1.5M TWD. Revenue grew 1.3% year over year. It earns a return on equity of 0.9%. Net debt stands at 673M TWD. Fundamentals as of Aug 13, 2026

Our scenario range runs from 16.72 TWD (bear case) to 27.66 TWD (bull case); at 11.30 TWD, the current price sits below 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 26% below its 52-week high and 3% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -7% fair-value upside, at 96%, 1453 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.

Note: the current price implies far more future growth than the conservative anchors of our models allow (base growth is deliberately capped, we do not regard such extreme rates as sustainable). Our models are not designed for expectations this high; that is why the individual models scatter extremely (0.0200 TWD to 8.53 TWD). Read the values as a conservative anchor, not as a price target.
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-Adj P/E 0.5000 TWD 0.7100 TWD 0.9300 TWD 68
P/E Multiple 0.6700 TWD 0.8900 TWD 1.11 TWD 63
Residual Income 7.99 TWD 7.12 TWD 4.49 TWD 61
All 8 models by family
Earnings-Based
Graham-Dodd 0.2800 TWD 0.6200 TWD 0.8000 TWD 54
PEG = 1.0 0.1000 TWD 0.1500 TWD 0.1900 TWD 46
Multiples
P/E Multiple 0.6700 TWD 0.8900 TWD 1.11 TWD 63
P/S Multiple 0.0100 TWD 0.0200 TWD 0.0200 TWD 58
P/B Multiple 0.5200 TWD 0.6900 TWD 0.8600 TWD 55
Asset-Based
NCAV (Graham) 6.36 TWD 8.53 TWD 12.72 TWD 50
Economic Profit
Residual Income 7.99 TWD 7.12 TWD 4.49 TWD 61
Growth Earnings
Growth-Adj P/E 0.5000 TWD 0.7100 TWD 0.9300 TWD 68

Widest divergence: Asset-Based (8.53 TWD) versus Earnings-Based (0.1500 TWD). Highest evidence: Growth-Adj P/E (68).

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Key figures & financial health

Revenue (TTM) 1.5M TWD
Revenue growth (YoY) +1.3%
Net margin 825%
Return on equity 0.9%
Free cash flow −395M TWD FY2025
P/E ratio 277.5 as of Jul 21, 2026
More key figures
Operating margin -2,245%
EPS (TTM) 0.0400 TWD
EPS growth (YoY) -94.8%
Net debt 673M TWD FY2025

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

Quality Score breakdown

Overall quality 35/100

Of which business quality 37 · Market factors (momentum, volatility) 41

Profitability 28
Margins and returns on capital today
Quality Growth 28
Are margins and returns improving?
Cashflow 33
Earnings quality: real cash, not paper profit
Fin. Strength 39
Balance sheet, leverage, solvency risk
Investment 70
Disciplined investing over empire-building
Low Volatility 86
Calm price path (market factor)
Momentum 29
Price trend over the last 3–12 months (market factor)
52W Momentum 12
Distance to the 52-week high (market factor)
Net Issuance 36
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

Ta Jiang Co., Ltd., together with its subsidiaries, engages in the textile and construction businesses in Taiwan. It is involved in the dyeing, finishing, processing, and trading of textiles, fabrics, and raw materials and products; and manufacturing, processing, and trading of woven garments, knitted garments, and sweaters.

Full company description

Ta Jiang Co., Ltd., together with its subsidiaries, engages in the textile and construction businesses in Taiwan. It is involved in the dyeing, finishing, processing, and trading of textiles, fabrics, and raw materials and products; and manufacturing, processing, and trading of woven garments, knitted garments, and sweaters. The company also designs and contracts various pollution treatment, water treatment, and solar water heating projects; invests in and constructs public buildings; and develops and leases residential properties, buildings, and industrial plants. In addition, it engages in import and export trade; and general investment activities. The company was founded in 1967 and is based in Taipei, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Ta Jiang Co Ltd reported revenue of 1.5M TWD in FY2025 versus 44.3M TWD in FY2021, a compound −57.3%/yr. Reported net income was 4.6M TWD in FY2025, compounding −54.4%/yr from FY2021.

Growth Quality 17/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
1.5M TWD
Latest YoY
+7.3%
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.
−81.9%
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.
−63.2%
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.
−27.4%
Revenue −57.3%/yr
FY21 44.3M TWD
FY22 249M TWD
FY23 204M TWD
FY24 1.4M TWD
FY25 1.5M TWD
Net income −54.4%/yr
FY21 106M TWD
FY22 −12.3M TWD
FY23 60.7M TWD
FY24 1.9M TWD
FY25 4.6M TWD

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Cite: Fair Value Calculator (2026). "Ta Jiang Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/1453

Peer Group

Textile Manufacturing · 321 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 35 · Bottom 25%
Fair Value upside +97% · Top 25%
Return on equity (TTM) 1% · Below median
Return on assets -1% · Bottom 25%
Revenue growth 1% · Above median

Valuation Multiples vs Textile Manufacturing median · lower = cheaper

P/E (TTM) 277.5× · Pricier than 75% of peers
P/S (TTM) 26.58× · 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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE100 · sector 11
FUTURE7 · sector 0
PAST3 · sector 15
HEALTH0 · sector 95
DIVIDEND0 · sector 34

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 Textile Manufacturing stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Shenzhou International Group 2313 HK$42.10 HK$68.24 +62%
Tongkun Group 601233 ¥22.67 ¥14.53 -36%
Inner Mongolia ERDOS Resources Co 600295 ¥12.79 ¥14.35 +12%
Far Eastern New Century Corporation 1402 27.55 TWD 25.64 TWD -7%
K.P.R. Mill Limited KPRMILL ₹1,124 ₹467.49 -58%
Vardhman Textiles Limited VTL ₹591.90 ₹437.53 -26%
Isiklar Enerji ve Yapi Holding IEYHO 174.20 TRY 324.31 TRY +86%
Ruentex Industries Ltd 2915 54.10 TWD 133.24 TWD +146%
Welspun Living Limited WELSPUNLIV ₹165.23 ₹47.77 -71%
Arvind Limited ARVIND ₹571.85 ₹322.41 -44%

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Frequently asked questions

Is Ta Jiang Co Ltd (1453) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 22.19 TWD versus a price of 11.30 TWD, about +96% (undervalued).
What is the fair value of 1453?
Our model-based fair value for Ta Jiang Co Ltd is 22.19 TWD (as of Aug 13, 2026), built from audited fundamentals. The current price: 11.30 TWD.
What is the quality score of 1453?
Ta Jiang Co Ltd has a Quality Score of 35/100. 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 Ta Jiang Co Ltd (1453)?
Ta Jiang Co Ltd reported trailing-twelve-month revenue of about 1.5M TWD (latest available figure, 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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