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Sampo Corporation (1604) Fair Value & Analysis

Consumer Cyclical · TW · Market cap 8.7B TWD

SC Sampo Corporation 1604 · TW
Price23.20 TWD
Fair Value27.49 TWD
Upside+18.5%
Quality35/100
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Expensive Growth
Thin margins · 6.7% net margin
Moderate debt · negative free cash flow
6.37% dividend yield
Mixed vs. peers (7/13)
Narrow moat 39/100
Evidence: Medium Range 19.24 TWD – 35.16 TWD Share as image

Fair value as of: Jul 23, 2026

From 12 valuation models · updated 19 days ago

Share price −0.9% over the past month.

Below-average quality, screening 18% undervalued on our models.

What matters now

  • A fairly wide model range (19.24 TWD to 35.16 TWD) leaves room in how you read the outcome.
  • Our model range runs from 19.24 TWD (bear) to 35.16 TWD (bull), base 27.49 TWD. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 35/100 (below-average quality) with medium evidence: read the verdict with care.
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Price vs Fair Value (5 years)

33.00 TWD 21.56 TWD Fair Value 27.49 TWD Mar 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 21.56 TWD – 33.00 TWD · fair‑value band 19.24 TWD – 35.16 TWD · the 23.20 TWD price screens below the 27.49 TWD fair value. Dashed = 300-day average. As of Jul 23, 2026.

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Analysis

Sampo Corporation (1604) currently trades at 23.20 TWD, while our model-based Fair Value estimate is 27.49 TWD, implying the stock looks roughly 18.5% 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.

Over the trailing twelve months, Sampo Corporation generated revenue of 9.0B TWD at a net margin of 6.7%. Revenue declined 3.6% year over year. It earns a return on equity of 7.2%. Net debt stands at 6.3B TWD. Fundamentals as of Jul 23, 2026

Our scenario range runs from 19.24 TWD (bear case) to 35.16 TWD (bull case); at 23.20 TWD, the current price sits within 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 11% below its 52-week high and 2% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at 16% fair-value upside, at 18%, 1604 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.

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
Residual Income 18.49 TWD 19.39 TWD 20.58 TWD 76
ROIC Compounder 0.6700 TWD 72
Growth-Adj P/E 19.24 TWD 27.49 TWD 35.74 TWD 68
All 12 models by family
Earnings-Based
Graham-Dodd 11.25 TWD 13.75 TWD 15.47 TWD 54
EPV 0.6700 TWD 59
Multiples
P/E Multiple 27.30 TWD 36.40 TWD 45.50 TWD 63
P/S Multiple 21.10 TWD 28.13 TWD 35.16 TWD 58
P/B Multiple 21.10 TWD 28.13 TWD 35.16 TWD 55
EV/EBIT 5.56 TWD 10.98 TWD 16.40 TWD 53
EV/EBITDA 10.53 TWD 17.61 TWD 24.69 TWD 54
EV/Revenue 0.2500 TWD 4.95 TWD 9.65 TWD 43
Asset-Based
NCAV (Graham) 11.53 TWD 15.45 TWD 23.06 TWD 50
Economic Profit
Residual Income 18.49 TWD 19.39 TWD 20.58 TWD 76
ROIC Compounder 0.6700 TWD 72
Growth Earnings
Growth-Adj P/E 19.24 TWD 27.49 TWD 35.74 TWD 68

Widest divergence: Growth Earnings (27.49 TWD) versus Earnings-Based (13.75 TWD). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 9.0B TWD
Revenue growth (YoY) -3.6%
Net margin 6.7%
Return on equity 7.2%
Free cash flow −196M TWD FY2025
P/E ratio 13.6
More key figures
Operating margin 6.4%
EPS (TTM) 1.70 TWD
Dividend yield 6.4%
EPS growth (YoY) -10.2%
Net debt 6.3B TWD FY2025

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

Quality Score breakdown

Overall quality 35/100

Of which business quality 36 · Market factors (momentum, volatility) 52

Profitability 30
Margins and returns on capital today
Quality Growth 21
Are margins and returns improving?
Cashflow 35
Earnings quality: real cash, not paper profit
Fin. Strength 41
Balance sheet, leverage, solvency risk
Investment 57
Disciplined investing over empire-building
Low Volatility 100
Calm price path (market factor)
Momentum 38
Price trend over the last 3–12 months (market factor)
52W Momentum 20
Distance to the 52-week high (market factor)
Net Issuance 37
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

Sampo Corporation engages in the manufacture, processing, contracting, wholesaling, retailing, repair, and consignment of electronics, electrochemicals, telecommunications, electrical materials, information, and audio products in Taiwan and internationally.

Full company description

Sampo Corporation engages in the manufacture, processing, contracting, wholesaling, retailing, repair, and consignment of electronics, electrochemicals, telecommunications, electrical materials, information, and audio products in Taiwan and internationally. The company offers a range of digital consumer and industrial products, including smart home appliances, LCD TVs, video conference displays, digital signage displays, POS/touch displays, and network-connected devices. It also provides touch, USB, and other LCD displays; MSR products; and customizable features for OEM/ODM. In addition, the company engages in the warehousing and transportation services; real estate trading and leasing activities; food and beverage business; product installation, marketing and promotion of electrics and electrons equipment; investment; and import and export businesses. Further, it is involved in customs clearance, air, ocean, and freight forwarding services, as well as manufactures and sells compressor related products. Sampo Corporation provides solutions to various industries, such as government, transportation, office, banking, retail, gaming, medical, security, education, outdoor, industrial, and lottery. The company was formerly known as Sampo Electrical Appliances Co., Ltd. and changed its name to Sampo Corporation in 1974. Sampo Corporation was founded in 1936 and is based in Taoyuan City, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Sampo Corporation reported revenue of 9.0B TWD in FY2025 versus 8.9B TWD in FY2021, a compound +0.4%/yr. Reported net income was 618M TWD in FY2025, compounding −22.0%/yr from FY2021.

Growth Quality 27/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
9.0B TWD
Latest YoY
−4.7%
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.
+0.4%
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.
+3.4%
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.
−2.4%
Revenue +0.4%/yr
FY21 8.9B TWD
FY22 8.9B TWD
FY23 8.9B TWD
FY24 9.5B TWD
FY25 9.0B TWD
Net income −22.0%/yr
FY21 1.7B TWD
FY22 661M TWD
FY23 728M TWD
FY24 762M TWD
FY25 618M TWD
Character of growth · EPS growth decomposed (2014-2025) +1.8 % p.a.
Revenue per share −0.3 pp

of which total revenue −1.1 pp · buybacks/dilution +0.8 pp

EBIT margin +12.2 pp
Tax rate −0.9 pp
Residual (interest, one-offs) −9.4 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

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Cite: Fair Value Calculator (2026). "Sampo Corporation Fair Value". https://www.fairvalue-calculator.com/stock/1604

Peer Group

Furnishings, Fixtures & Appliances · 311 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 +19% · Above median
Return on equity (TTM) 7% · Above median
Return on assets 2% · Below median
Net margin (TTM) 7% · Above median
Operating margin (TTM) 6% · Above median
Revenue growth -4% · Below median
Dividend yield (TTM) 6.4% · Top 25%
Debt / equity 0.57× · Higher than 75% of peers

Valuation Multiples vs Furnishings, Fixtures & Appliances median · lower = cheaper

P/E (TTM) 13.6× · Cheaper than median
P/B 1.01× · Cheaper than median
P/S (TTM) 0.97× · Pricier than median
EV/EBITDA 18.0× · 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 58 · sector 22
FUTURE 0 · sector 0
PAST 29 · sector 19
HEALTH 72 · sector 97
DIVIDEND 100 · sector 52

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 Furnishings, Fixtures & Appliances stocks, each showing price versus our Fair Value estimate (as of Jul 23, 2026).

Stock Price Fair Value vs Fair Value
Midea Group 000333 ¥82.71 ¥107.22 +30%
Gree Electric Appliances, Inc 000651 ¥38.25 ¥88.02 +130%
Haier Smart Home Co 600690 ¥21.46 ¥36.04 +68%
King Slide Works Co 2059 8,655 TWD 1,917 TWD -78%
Guangdong Songfa Ceramics Co 603268 ¥155.59 ¥38.95 -75%
SharkNinja, Inc SN $154.53 $89.07 -42%
Hisense Home Appliances Group 000921 ¥26.33 ¥48.03 +82%
Zhejiang Supor Co 002032 ¥43.85 ¥44.84 +2%
Ecovacs Robotics Co 603486 ¥58.97 ¥54.14 -8%
COWAY Co 021240 96,700 KRW 112,530 KRW +16%

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Frequently asked questions

Is Sampo Corporation (1604) overvalued or undervalued?
As of Jul 23, 2026, our model estimates a fair value of 27.49 TWD versus a price of 23.20 TWD, about +18% (undervalued).
What is the fair value of 1604?
Our model-based fair value for Sampo Corporation is 27.49 TWD (as of Jul 23, 2026), built from audited fundamentals. The current price is 23.20 TWD.
What is the quality score of 1604?
Sampo Corporation 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 Sampo Corporation (1604)?
Sampo Corporation reported trailing-twelve-month revenue of about 9.0B TWD (latest available figure, as of Jul 23, 2026).
What is the net profit margin of 1604?
The net profit margin of Sampo Corporation is about 6.7%, meaning it keeps roughly 6.7% of revenue as net income. Based on the latest reported figures.
Does Sampo Corporation pay a dividend?
Sampo Corporation currently shows a dividend yield of about 6.45% relative to its recent price (as of Jul 23, 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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