Chyang Sheng Dyeing & Finishing Co Ltd (1463) fair value: what the stock is really worth
As of Sep 24, 2026: fair value of Chyang Sheng Dyeing & Finishing Co Ltd TWD 5.11, price TWD 17.75, upside -71.2%, quality 41 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Watch Chyang Sheng Dyeing & Finishing Co Ltd for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.Watch for freePro now: $1 first month
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
60‑month range 11.69 TWD – 31.10 TWD · fair‑value band 4.92 TWD – 5.11 TWD · the 17.75 TWD price screens above the 5.11 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. Dashed = 300-day average. As of Sep 24, 2026.
Follow Chyang Sheng Dyeing & Finishing Co in your weekly email
Every Wednesday you see whether Chyang Sheng Dyeing & Finishing Co is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
CS Group Investment Holding Limited provides natural and man-made fiber dyeing and finishing products and services in Asia. The company operates through Weaving, Dyeing, and Finishing Services; Construction Business; and Other segments.
Show more
CS Group Investment Holding Limited provides natural and man-made fiber dyeing and finishing products and services in Asia. The company operates through Weaving, Dyeing, and Finishing Services; Construction Business; and Other segments. It is also involved in the processing, printing, bleaching, dyeing, and trading of various fiber products, as well as dyeing and finishing technical consultation, raw material agency, and production and sales of various other products. The company was formerly known as Chyang Sheng Texing Co., Ltd. and changed its name to CS Group Investment Holding Limited in February 2026. The company was founded in 1983 and is headquartered in Taoyuan City, Taiwan.
Stock analysis
Chyang Sheng Dyeing & Finishing Co Ltd (1463) currently trades at 17.75 TWD, while our model-based Fair Value estimate is 5.11 TWD, implying the stock looks roughly 247.5% overvalued today.
Show more
Valuation
Bull case: the Asset-Based group reads highest at a median of 10.17 TWD per share, and 0 of the 20 models we run sit above the 17.75 TWD price.
Bear case: the Growth Earnings group reads lowest at 2.32 TWD, and 20 of the 20 models stay below the price. Evidence for this calculation is low.
Scenario range: 4.92 TWD (bear) to 5.11 TWD (bull), the price of 17.75 TWD sits above 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 41/100 (below-average quality), in the Consumer Cyclical sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Chyang Sheng Dyeing & Finishing Co Ltd reported revenue of 796M TWD in FY2025 versus 457M TWD in FY2021, a compound +14.9%/yr. Reported net income was 22.9M TWD in FY2025, compounding −27.0%/yr from FY2021.
Key figures
Market cap 3.1B TWD (≈ $95.9M) · P/E ratio 136.5 · P/S ratio 3.92 · EPS (TTM) 0.1300 TWD · Dividend yield 0.7% · Net margin 2.9% · Return on equity −2.0% · Return on assets (EBIT) 1.1%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 28 out of 100 (medium confidence).
What moves the price
The share trades about 18% below its 52-week high and 5% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Consumer Cyclical peers we cover trades at −21% fair-value upside, at −71%, 1463 screens richer than that median.
Fair Value models
Bear 4.92 TWDFair Value 5.11 TWDBull 5.11 TWD
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single 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 ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.82/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+23.8%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+17.1%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+12.5%
Start year 2020 (pandemic). Over 10 years: +4.6% a year
Revenue growth 23 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
−1.4%
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
What shareholders gained per year (last 5 years), in TWD ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in TWD: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
−33.6%
Earnings growth per share plus dividend.
Earnings per share, growth per year−34.3%
Dividend (yield on the price)0.7%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.−34% vs −21%, slowing
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.15% → −1%
Start year 2020 (pandemic)
⚠ Revenue per share shrinking 4.4%/yr over ~10Y (margins eroding too) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+76.2%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (Taiwan: IMF forecast 1.6% a year to 2030, 1.5% from 2016 to 2025) that is about +73.5% a year for the price.
Compare Chyang Sheng Dyeing & Finishing Co Ltd with another stock
Price, fair value, quality and upside side by side.
Free, no sign-up
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.Textile Manufacturing · 344 stocks
Beats the industry median on 1/10 measures
Overall it trails its industry peers.
Valuation
Quality Score41 · Bottom 25%
Fair Value upside−71% · Bottom 25%
Profitability
Return on assets−3% · Bottom 25%
Net margin (TTM)−28% · Bottom 25%
Operating margin (TTM)−9% · Bottom 25%
Growth and dividend
Revenue growth−90% · Bottom 25%
Dividend yield (TTM)0.7% · Below median
Valuation Multiplesvs Textile Manufacturing median · lower = cheaper
P/E (TTM)136.5× · Priciest 25%
P/S (TTM)0.43× · Cheaper than median
P/FCF4.8× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 11
FUTURE (revenue growth)0· sector 0
PAST (return on equity)0· sector 15
HEALTH (low debt)100· sector 95
DIVIDEND (yield)15· sector 37
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Chyang Sheng Dyeing & Finishing Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/1463
Frequently asked questions
Is Chyang Sheng Dyeing & Finishing Co Ltd (1463) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of 5.11 TWD versus a price of 17.75 TWD, about −71% upside (overvalued).
What is the fair value of 1463?
Our model-based fair value for Chyang Sheng Dyeing & Finishing Co Ltd is 5.11 TWD (as of Sep 24, 2026), built from audited fundamentals. The current price: 17.75 TWD.
What is the quality score of 1463?
Chyang Sheng Dyeing & Finishing Co Ltd has a Quality Score of 41/100. 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 price target for Chyang Sheng Dyeing & Finishing Co Ltd (1463)?
Our model-based price target is the fair value of 5.11 TWD (as of Sep 24, 2026) from 20 valuation models. Cautious scenario 4.92 TWD, optimistic scenario 5.11 TWD. It is a calculation from audited fundamentals, not an analyst target.
What is the Chyang Sheng Dyeing & Finishing Co Ltd stock forecast for 2026?
Our models put fair value at 5.11 TWD, about −71% upside versus a price of 17.75 TWD (overvalued). Cautious scenario 4.92 TWD, optimistic scenario 5.11 TWD. The calculation is refreshed regularly with new filings.
Does Chyang Sheng Dyeing & Finishing Co Ltd pay a dividend?
Chyang Sheng Dyeing & Finishing Co Ltd currently shows a dividend yield of about 0.73% relative to its recent price (as of Sep 24, 2026).
What growth is priced into Chyang Sheng Dyeing & Finishing Co Ltd (1463)?
For today's price to be fair in a discounted-cash-flow model, Chyang Sheng Dyeing & Finishing Co Ltd would have to grow free cash flow by +76.2 % per year for five years (discount rate 13.3 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +12.5 % per year. As of Sep 24, 2026.
What discount rate (WACC) does the fair value of 1463 use?
Our models discount Chyang Sheng Dyeing & Finishing Co Ltd at 13.3 %: a base by market capitalisation (micro), country premium for Taiwan. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Chyang Sheng Dyeing & Finishing Co Ltd that is +76.2 % per year a year over ten years, using the same discount rate (13.3 %) and the same formula as our fair value.
How much growth has Chyang Sheng Dyeing & Finishing Co Ltd (1463) delivered so far?
Over the past 5 years revenue at Chyang Sheng Dyeing & Finishing Co Ltd grew +12.5 % a year. The price currently implies +76.2 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Chyang Sheng Dyeing & Finishing Co Ltd (1463) growing?
The median revenue growth in the sector is +2.6 % a year. That is the yardstick for the growth priced into Chyang Sheng Dyeing & Finishing Co Ltd (+76.2 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Chyang Sheng Dyeing & Finishing Co Ltd (1463)?
The free-cash-flow yield on the price is 0.30 %: that much free cash flow Chyang Sheng Dyeing & Finishing Co Ltd produces per unit of market value. When it exceeds the discount rate of our models (13.3 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Chyang Sheng Dyeing & Finishing Co Ltd (1463)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Chyang Sheng Dyeing & Finishing Co Ltd it is 5.11 TWD per share (as of Sep 24, 2026), against a price of 17.75 TWD. It is the blended result of 20 valuation models (cash flow, earnings, asset, dividend).
Is Chyang Sheng Dyeing & Finishing Co Ltd stock overvalued or undervalued in 2026?
As of Sep 24, 2026, 1463 trades above its calculated fair value: price 17.75 TWD, fair value 5.11 TWD, a gap of about −71% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 1463?
No. The price is what the market pays today (17.75 TWD); the fair value is what the company's own numbers justify (5.11 TWD). For Chyang Sheng Dyeing & Finishing Co Ltd the two are 12.64 TWD per share apart. That gap is exactly why we show both numbers side by side.
How much is Chyang Sheng Dyeing & Finishing Co Ltd worth?
The market values Chyang Sheng Dyeing & Finishing Co Ltd at about 3.1B TWD (market capitalisation, as of Sep 24, 2026). Per share that is 17.75 TWD; our models calculate a fair value of 5.11 TWD per share.
What do the bullish and bearish scenarios say about 1463?
Our models span a range for Chyang Sheng Dyeing & Finishing Co Ltd: cautious scenario 4.92 TWD, base 5.11 TWD, optimistic 5.11 TWD per share (as of Sep 24, 2026, price 17.75 TWD). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 1463?
Chyang Sheng Dyeing & Finishing Co Ltd trades at a price-to-earnings ratio of 136.5 (as of Sep 24, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 5.11 TWD is built from several models across several years. Other multiples: P/S 0.4.
How solid is the balance sheet of Chyang Sheng Dyeing & Finishing Co Ltd (1463)?
Balance-sheet figures for Chyang Sheng Dyeing & Finishing Co Ltd (as of Sep 24, 2026): return on equity −2.0%. They feed the Quality Score of 41/100, which measures business quality independently of the share price.
How far is 1463 from its 52-week high?
Chyang Sheng Dyeing & Finishing Co Ltd trades at 17.75 TWD, about 18% below its 52-week high of 21.60 TWD and 5% above the low of 16.95 TWD (as of Sep 24, 2026). Distance from the high says nothing about value: that is what the fair value of 5.11 TWD is for.
Which stocks are comparable to Chyang Sheng Dyeing & Finishing Co Ltd?
From the same area (Consumer Cyclical) we also value Shenzhou International Group, Tongkun Group, Inner Mongolia ERDOS Resources Co, K.P.R. Mill Limited, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Chyang Sheng Dyeing & Finishing Co Ltd stock attractive at the current price?
The data as of Sep 24, 2026: price 17.75 TWD, calculated fair value 5.11 TWD (−71%), Quality Score 41/100, from 20 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 1463 calculated?
We run Chyang Sheng Dyeing & Finishing Co Ltd through 20 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of 5.11 TWD, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.0 % above its aggregate fair value. Chyang Sheng Dyeing & Finishing Co Ltd itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Chyang Sheng Dyeing & Finishing Co Ltd (1463)?
The closing price on Sep 24, 2026 was 17.75 TWD. Our model-based fair value is 5.11 TWD, about −71% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Chyang Sheng Dyeing & Finishing Co Ltd right now?
The price sits above even our optimistic bull case (5.11 TWD). The favourable scenario is already priced in. Weak quality (41/100) and above fair value at the same time, the margin of safety is missing on both counts. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. The models converge in a tight band (4.92 TWD to 5.11 TWD), unusually little disagreement for a valuation.
Key figures of Chyang Sheng Dyeing & Finishing Co Ltd
How large is the market capitalisation of Chyang Sheng Dyeing & Finishing Co Ltd (1463)?
The market capitalisation of Chyang Sheng Dyeing & Finishing Co Ltd is 3.1B TWD (≈ $95.9M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Chyang Sheng Dyeing & Finishing Co Ltd (1463)?
The price-to-sales ratio of Chyang Sheng Dyeing & Finishing Co Ltd is 3.92 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Chyang Sheng Dyeing & Finishing Co Ltd (1463)?
Earnings per share at Chyang Sheng Dyeing & Finishing Co Ltd are 0.1300 TWD (price ÷ EPS = P/E 136.5). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Chyang Sheng Dyeing & Finishing Co Ltd (1463)?
The dividend yield of Chyang Sheng Dyeing & Finishing Co Ltd is 0.7% (payout 100%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Chyang Sheng Dyeing & Finishing Co Ltd (1463)?
The net margin of Chyang Sheng Dyeing & Finishing Co Ltd is 2.9% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Chyang Sheng Dyeing & Finishing Co Ltd (1463)?
The return on equity (ROE) of Chyang Sheng Dyeing & Finishing Co Ltd is −2.0% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Chyang Sheng Dyeing & Finishing Co Ltd (1463)?
On an EBIT basis the return on assets of Chyang Sheng Dyeing & Finishing Co Ltd is 1.1% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Chyang Sheng Dyeing & Finishing Co Ltd (1463)?
The operating margin of Chyang Sheng Dyeing & Finishing Co Ltd is −9.2% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Chyang Sheng Dyeing & Finishing Co Ltd (1463)?
Revenue at Chyang Sheng Dyeing & Finishing Co Ltd is growing −90.2% versus a year earlier (3y avg +17.1%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Chyang Sheng Dyeing & Finishing Co Ltd (1463)?
Earnings per share at Chyang Sheng Dyeing & Finishing Co Ltd are growing +159% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Chyang Sheng Dyeing & Finishing Co Ltd (1463) hold?
Chyang Sheng Dyeing & Finishing Co Ltd holds more cash than debt, 827M TWD net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
Free · no account needed
Watch Chyang Sheng Dyeing & Finishing Co Ltd in the live analysis
One click puts Chyang Sheng Dyeing & Finishing Co Ltd on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
