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Sesoda Corporation (1708) Fair Value & Analysis

Basic Materials · TW · Market cap 13.1B TWD

SC Sesoda Corporation 1708 · TW
Price49.95 TWD
Fair Value55.84 TWD
Upside+11.8%
Quality66/100
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Mixed Growth
Solidly profitable · 13.6% net margin
Low debt · generates free cash flow
3.05% dividend yield
Ranks above peers (10/14)
Moderate moat 52/100
Evidence: High Range 41.88 TWD – 69.80 TWD Share as image

Fair value as of: Jul 21, 2026

From 26 valuation models · updated 20 days ago

Share price −15.1% over the past month.

A solid business, screening 12% undervalued on our models.

What matters now

  • Our model range runs from 41.88 TWD (bear) to 69.80 TWD (bull), base 55.84 TWD. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 66/100 (solid quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

63.42 TWD 17.86 TWD Fair Value 55.84 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 17.86 TWD – 63.42 TWD · fair‑value band 41.88 TWD – 69.80 TWD · the 49.95 TWD price screens below the 55.84 TWD fair value. Dashed = 300-day average. As of Jul 21, 2026.

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Analysis

Sesoda Corporation (1708) currently trades at 49.95 TWD, while our model-based Fair Value estimate is 55.84 TWD, implying the stock looks roughly 11.8% undervalued today. The Quality Score stands at 66/100 (solid quality), in the Basic Materials 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: high), always confirm before acting.

Over the trailing twelve months, Sesoda Corporation generated revenue of 6.2B TWD at a net margin of 13.6%. Revenue grew 2.3% year over year. It earns a return on equity of 11.6%. Net debt stands at 1.5B TWD. Fundamentals as of Jul 21, 2026

Our scenario range runs from 41.88 TWD (bear case) to 69.80 TWD (bull case); at 49.95 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 near its 52-week high and 70% above its 52-week low, currently above its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -46% fair-value upside, at 12%, 1708 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
Growth DCF 54.64 TWD 79.08 TWD 113.54 TWD 80
Residual Income 26.93 TWD 30.58 TWD 49.05 TWD 76
Rev-Margin DCF 35.56 TWD 51.56 TWD 69.77 TWD 74
All 26 models by family
DCF Models
FCF DCF 53.53 TWD 80.71 TWD 121.27 TWD 38
Owner Earnings 48.37 TWD 72.87 TWD 109.44 TWD 31
5Y Revenue Exit 35.56 TWD 50.94 TWD 69.83 TWD 39
5Y EBITDA Exit 48.71 TWD 75.14 TWD 105.28 TWD 41
5Y P/E Exit 43.61 TWD 65.76 TWD 88.38 TWD 38
10Y Revenue Exit 40.88 TWD 56.27 TWD 75.59 TWD 36
10Y EBITDA Exit 49.99 TWD 72.92 TWD 102.24 TWD 37
10Y P/E Exit 46.76 TWD 66.46 TWD 89.53 TWD 35
Earnings-Based
Graham-Dodd 22.34 TWD 63.85 TWD 84.16 TWD 54
Lynch FV 13.08 TWD 18.69 TWD 24.30 TWD 50
PEG = 1.0 13.08 TWD 18.69 TWD 24.30 TWD 46
EPV 36.60 TWD 42.51 TWD 47.68 TWD 59
Dividend Discount
Gordon GGM 18.36 TWD 38.18 TWD 60.57 TWD 70
DDM Multi-Stage 18.36 TWD 29.28 TWD 40.07 TWD 61
Multiples
P/E Multiple 41.88 TWD 55.84 TWD 69.80 TWD 63
P/S Multiple 27.82 TWD 37.09 TWD 46.36 TWD 58
P/B Multiple 41.88 TWD 55.84 TWD 69.80 TWD 55
EV/EBIT 48.41 TWD 64.17 TWD 79.93 TWD 53
EV/EBITDA 51.92 TWD 68.85 TWD 85.78 TWD 54
EV/Revenue 27.09 TWD 38.22 TWD 49.35 TWD 43
Asset-Based
NCAV (Graham) 14.82 TWD 19.86 TWD 29.65 TWD 50
Growth DCF
Growth DCF 54.64 TWD 79.08 TWD 113.54 TWD 80
Rev-Margin DCF 35.56 TWD 51.56 TWD 69.77 TWD 74
Economic Profit
Residual Income 26.93 TWD 30.58 TWD 49.05 TWD 76
ROIC Compounder 37.99 TWD 47.55 TWD 59.11 TWD 72
Growth Earnings
Growth-Adj P/E 34.40 TWD 49.14 TWD 63.88 TWD 68

Widest divergence: DCF Models (66.46 TWD) versus Earnings-Based (18.69 TWD). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 6.2B TWD
Revenue growth (YoY) +2.3%
Net margin 13.6%
Return on equity 11.6%
Free cash flow 1.2B TWD FY2025
P/E ratio 14.8
More key figures
Operating margin 16.7%
EPS (TTM) 3.25 TWD
Dividend yield 3.5%
EPS growth (YoY) +8.8%
Net debt 1.5B TWD FY2025

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

Quality Score breakdown

Overall quality 66/100

Of which business quality 64 · Market factors (momentum, volatility) 83

Profitability 43
Margins and returns on capital today
Quality Growth 30
Are margins and returns improving?
Cashflow 81
Earnings quality: real cash, not paper profit
Fin. Strength 67
Balance sheet, leverage, solvency risk
Investment 92
Disciplined investing over empire-building
Low Volatility 69
Calm price path (market factor)
Momentum 95
Price trend over the last 3–12 months (market factor)
52W Momentum 79
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

Sesoda Corporation manufactures and markets sulfate of potash (SOP) in Taiwan. The company offers standard, soluble, low chloride, granular, and industrial grade SOP products that are used for grapes, citrus, flowers, tobacco and anaerobic crops; and hydrochloric acid for use in the metallurgical, chemical, food, and pharmaceutical industries.

Full company description

Sesoda Corporation manufactures and markets sulfate of potash (SOP) in Taiwan. The company offers standard, soluble, low chloride, granular, and industrial grade SOP products that are used for grapes, citrus, flowers, tobacco and anaerobic crops; and hydrochloric acid for use in the metallurgical, chemical, food, and pharmaceutical industries. It also provides liquid calcium chloride for use in fluoride ion removal before wastewater discharge in the electronic and optoelectronic industries; and calcium sulfate for use in the industrial production of cement and chalk. In addition, the company trades in soda ash, baking soda, flake calcium chloride, ammonium powder, calcium dihydrogen phosphate, potassium chloride, solar salt, liquid caustic soda, hydrogen peroxide, glaubers's salt, barium chloride, and sodium sesquicarbonate. Further, it involved in ship operations and chartering services; electronic component manufacturing, data storage media manufacturing and copying, and general investment; and general car freight business, as well as automobile cargo transportation business. Sesoda Corporation was incorporated in 1957 and is headquartered in Taipei City, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Sesoda Corporation reported revenue of 6.2B TWD in FY2025 versus 4.8B TWD in FY2021, a compound +6.4%/yr. Reported net income was 818M TWD in FY2025, compounding +5.1%/yr from FY2021.

Growth Quality 77/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
6.2B TWD
Latest YoY
−3.3%
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.
−8.5%
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.
+8.8%
Avg. growth/yr (25Y) 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.
+4.7%
Revenue +6.4%/yr
FY21 4.8B TWD
FY22 8.0B TWD
FY23 5.9B TWD
FY24 6.4B TWD
FY25 6.2B TWD
Net income +5.1%/yr
FY21 671M TWD
FY22 1.2B TWD
FY23 −28.5M TWD
FY24 975M TWD
FY25 818M TWD
Character of growth · EPS growth decomposed (2014-2025) +5.1 % p.a.
Revenue per share +4.0 pp

of which total revenue +4.0 pp · buybacks/dilution +0.0 pp

EBIT margin +0.0 pp
Tax rate −0.2 pp
Residual (interest, one-offs) +1.3 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). "Sesoda Corporation Fair Value". https://www.fairvalue-calculator.com/stock/1708

Peer Group

Chemicals · 333 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 66 · Top 25%
Fair Value upside +12% · Top 25%
Return on equity (TTM) 12% · Top 25%
Return on assets 5% · Top 25%
Net margin (TTM) 14% · Top 25%
Operating margin (TTM) 17% · Top 25%
Revenue growth 2% · Below median
Dividend yield (TTM) 3.1% · Top 25%
Debt / equity 0.19× · Higher than median

Valuation Multiples vs Chemicals median · lower = cheaper

P/E (TTM) 16.2× · Cheaper than median
P/B 1.77× · Pricier than median
P/S (TTM) 2.11× · Pricier than median
P/FCF 0.3× · Cheaper than median
EV/EBITDA 7.6× · 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 49 · sector 0
FUTURE 12 · sector 20
PAST 46 · sector 19
HEALTH 91 · sector 94
DIVIDEND 61 · sector 27

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

Stock Price Fair Value vs Fair Value
BASF SE BASN 1,034 MXN 532.13 MXN -49%
Ningxia Baofeng Energy Group 600989 ¥20.32 ¥20.17 -1%
Zhejiang Juhua Co 600160 ¥42.85 ¥23.35 -46%
PT Barito Pacific Tbk, BRPT 1,690 IDR 1,628 IDR -4%
LG Chem, Ltd 051910 260,500 KRW 587,755 KRW +126%
Formosa Chemicals & Fibre Corporation 1326 66.10 TWD 6.79 TWD -90%
PTT Global Chemical Public Company PTTGC 35.50 THB 18.21 THB -49%
542812 542812 ₹4,369 ₹791.05 -82%
Indorama Ventures Public Company IVL 24.50 THB 17.95 THB -27%
Navin Fluorine International Limited NAVINFLUOR ₹8,650 ₹2,146 -75%

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Frequently asked questions

Is Sesoda Corporation (1708) overvalued or undervalued?
As of Jul 21, 2026, our model estimates a fair value of 55.84 TWD versus a price of 49.95 TWD, about +12% (undervalued).
What is the fair value of 1708?
Our model-based fair value for Sesoda Corporation is 55.84 TWD (as of Jul 21, 2026), built from audited fundamentals. The current price is 49.95 TWD.
What is the quality score of 1708?
Sesoda Corporation has a Quality Score of 66/100. 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 Sesoda Corporation (1708)?
Sesoda Corporation reported trailing-twelve-month revenue of about 6.2B TWD (latest available figure, as of Jul 21, 2026).
What is the net profit margin of 1708?
The net profit margin of Sesoda Corporation is about 13.6%, meaning it keeps roughly 13.6% of revenue as net income. Based on the latest reported figures.
Does Sesoda Corporation pay a dividend?
Sesoda Corporation currently shows a dividend yield of about 3.51% relative to its recent price (as of Jul 21, 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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