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Acelon Chemicals & Fiber Corporation (1466) Fair Value & Analysis

Consumer Cyclical · TW · Market cap 1.9B TWD

AC Acelon Chemicals & Fiber Corporation 1466 · TW
Price17.00 TWD
Fair Value7.77 TWD
Upside-54.3%
Quality43/100
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Weak Growth
Loss-making · -4.7% net margin
Moderate debt · generates free cash flow
Trails peers (3/12)
Narrow moat 16/100
Evidence: Medium Range 3.82 TWD – 10.62 TWD Share as image

Fair value as of: Jul 21, 2026

From 12 valuation models · updated 20 days ago

Share price +0.9% over the past month.

Below-average quality, and screening another 54% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (10.62 TWD). The favourable scenario is already priced in.
  • Weak quality (43/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The model range is unusually wide (3.82 TWD to 10.62 TWD). The outcome hinges heavily on assumptions, so read the point estimate with caution.
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Price vs Fair Value (5 years)

20.08 TWD 10.60 TWD Fair Value 7.77 TWD Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 21, 2026.

How to read this chart

60‑month range 10.60 TWD – 20.08 TWD · fair‑value band 3.82 TWD – 10.62 TWD · the 17.00 TWD price screens above the 7.77 TWD fair value. Dashed = 300-day average. As of Jul 21, 2026.

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Analysis

Acelon Chemicals & Fiber Corporation (1466) currently trades at 17.00 TWD, while our model-based Fair Value estimate is 7.77 TWD, implying the stock looks roughly 54.3% overvalued today. The Quality Score stands at 43/100 (below-average 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, Acelon Chemicals & Fiber Corporation generated revenue of 2.5B TWD at a net margin of -4.7%. Revenue declined 19.5% year over year. It earns a return on equity of -7.2%. Net debt stands at 942M TWD. Fundamentals as of Jul 21, 2026

Our scenario range runs from 3.82 TWD (bear case) to 10.62 TWD (bull case); at 17.00 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 19% below its 52-week high and 26% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -27% fair-value upside, at -54%, 1466 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 3.54 TWD 6.77 TWD 11.78 TWD 80
Rev-Margin DCF 3.37 TWD 8.72 TWD 15.30 TWD 74
Gordon GGM 7.77 TWD 8.37 TWD 9.28 TWD 70
All 12 models by family
DCF Models
FCF DCF 3.18 TWD 6.59 TWD 12.30 TWD 38
5Y Revenue Exit 3.37 TWD 8.43 TWD 15.77 TWD 39
5Y EBITDA Exit 1.80 TWD 5.71 TWD 10.89 TWD 41
10Y Revenue Exit 2.94 TWD 6.43 TWD 10.16 TWD 36
10Y EBITDA Exit 2.34 TWD 4.90 TWD 7.54 TWD 37
Dividend Discount
Gordon GGM 7.77 TWD 8.37 TWD 9.28 TWD 70
DDM Multi-Stage 7.77 TWD 9.25 TWD 11.16 TWD 61
Multiples
EV/EBITDA 2.17 TWD 5.58 TWD 8.98 TWD 54
EV/Revenue 4.54 TWD 9.93 TWD 15.33 TWD 43
Asset-Based
NCAV (Graham) 6.96 TWD 9.32 TWD 13.91 TWD 50
Growth DCF
Growth DCF 3.54 TWD 6.77 TWD 11.78 TWD 80
Rev-Margin DCF 3.37 TWD 8.72 TWD 15.30 TWD 74

Widest divergence: Asset-Based (9.32 TWD) versus Multiples (5.58 TWD). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 2.5B TWD
Revenue growth (YoY) -19.5%
Net margin -4.7%
Return on equity -7.2%
Free cash flow 154M TWD FY2025
Operating margin 1.5%
More key figures
EPS (TTM) -1.07 TWD
EPS growth (YoY) +8.4%
Net debt 942M TWD FY2025

Figures from reported company fundamentals · as of Jul 21, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 43/100

Of which business quality 43 · Market factors (momentum, volatility) 57

Profitability 13
Margins and returns on capital today
Quality Growth 8
Are margins and returns improving?
Cashflow 38
Earnings quality: real cash, not paper profit
Fin. Strength 47
Balance sheet, leverage, solvency risk
Investment 92
Disciplined investing over empire-building
Low Volatility 67
Calm price path (market factor)
Momentum 57
Price trend over the last 3–12 months (market factor)
52W Momentum 46
Distance to the 52-week high (market factor)
Net Issuance 81
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

Acelon Chemicals & Fiber Corporation engages in the production, sales, and supply of chemical fibers for fabrics in Asia, America, and Europe.

Full company description

Acelon Chemicals & Fiber Corporation engages in the production, sales, and supply of chemical fibers for fabrics in Asia, America, and Europe. The company offers filament yarns, including nylon, nylon/polyester conjugate, melange, polypropylene, and polyester yarns; functional yarns, such as cooling, antistatic, moisture wicking, antibacterial, and thermal yarns; and ECO friendly yarns, including bio based nylon, dope dyed, recycled dope dyed color, and recycled polyester and nylon yarns. It also provides non-woven fabrics and man-made fibers. The company provides its products under AcePaleta, AceIce, AceStatic, AceCool, AceHygeia, AceVitality, AceColor, AceColor ECO, and AceECO brands. Its products are used in various end markets, such as ready-made garments, outdoor functional products, household goods, industrial products, etc. The company was founded in 1988 and is based in Changhua, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Acelon Chemicals & Fiber Corporation reported revenue of 2.6B TWD in FY2025 versus 3.6B TWD in FY2021, a compound −7.6%/yr. Reported net income was −117M TWD in FY2025.

Growth Quality 22/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
2.6B TWD
Latest YoY
−11.5%
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.
−2.2%
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.
−0.2%
Avg. growth/yr (22Y) 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.
+0.3%
Revenue −7.6%/yr
FY21 3.6B TWD
FY22 2.8B TWD
FY23 2.5B TWD
FY24 2.9B TWD
FY25 2.6B TWD
Net income
FY21 178M TWD
FY22 −66.7M TWD
FY23 −151M TWD
FY24 16.0M TWD
FY25 −117M TWD

1466 screens 54% overvalued. Compare with Shenzhou International Group →

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Cite: Fair Value Calculator (2026). "Acelon Chemicals & Fiber Corporation Fair Value". https://www.fairvalue-calculator.com/stock/1466

Peer Group

Textile Manufacturing · 307 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 43 · Below median
Fair Value upside −54% · Below median
Return on assets -2% · Bottom 25%
Net margin (TTM) -5% · Bottom 25%
Operating margin (TTM) 2% · Below median
Revenue growth -20% · Bottom 25%
Debt / equity 0.99× · Higher than 75% of peers

Valuation Multiples vs Textile Manufacturing median · lower = cheaper

P/S (TTM) 0.02× · Cheaper than 75% of peers
P/FCF 0.4× · Cheaper than median
EV/EBITDA 8.4× · Pricier than median
PEG 0.51× · Cheaper than median

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 8
FUTURE 0 · sector 0
PAST 0 · sector 15
HEALTH 51 · sector 95
DIVIDEND 0 · sector 34

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 Textile Manufacturing stocks, each showing price versus our Fair Value estimate (as of Jul 21, 2026).

Stock Price Fair Value vs Fair Value
Shenzhou International Group 2313 HK$44.40 HK$75.65 +70%
Tongkun Group 601233 ¥23.56 ¥14.53 -38%
Inner Mongolia ERDOS Resources Co 600295 ¥12.04 ¥14.35 +19%
HMT (Xiamen) New Technical Materials Co 603306 ¥91.75 ¥12.85 -86%
Far Eastern New Century Corporation 1402 27.55 TWD 28.72 TWD +4%
K.P.R. Mill Limited KPRMILL ₹1,083 ₹467.49 -57%
Zhejiang Orient Holdings 600120 ¥5.18 ¥2.21 -57%
Vardhman Textiles Limited VTL ₹602.20 ₹437.53 -27%
Isiklar Enerji ve Yapi Holding IEYHO 174.20 TRY 323.84 TRY +86%
Shandong Fiberglass Group 605006 ¥16.75 ¥6.42 -62%

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Frequently asked questions

Is Acelon Chemicals & Fiber Corporation (1466) overvalued or undervalued?
As of Jul 21, 2026, our model estimates a fair value of 7.77 TWD versus a price of 17.00 TWD, about −54% (overvalued).
What is the fair value of 1466?
Our model-based fair value for Acelon Chemicals & Fiber Corporation is 7.77 TWD (as of Jul 21, 2026), built from audited fundamentals. The current price is 17.00 TWD.
What is the quality score of 1466?
Acelon Chemicals & Fiber Corporation has a Quality Score of 43/100. 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 Acelon Chemicals & Fiber Corporation (1466)?
Acelon Chemicals & Fiber Corporation reported trailing-twelve-month revenue of about 2.5B TWD (latest available figure, as of Jul 21, 2026).
What is the net profit margin of 1466?
The net profit margin of Acelon Chemicals & Fiber Corporation is about -4.7%, meaning it is currently running at a net loss. 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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