EN DE

Ho Tung Chemical Corp (1714) Fair Value & Analysis

Basic Materials · TW · Market cap 14.7B TWD

HT Ho Tung Chemical Corp 1714 · TW
Price15.75 TWD
Fair Value7.22 TWD
Upside-54.2%
Quality54/100
Watch Ho Tung Chemical Corp for free, get notified when fair value or trend changes. Watch for free
Weak Growth
Thin margins · 2.4% net margin
Low debt · generates free cash flow
1.83% dividend yield
Ranks above peers (10/14)
Narrow moat 36/100
Evidence: Medium Range 5.41 TWD – 9.02 TWD Share as image

Fair value as of: Jul 21, 2026

From 24 valuation models · updated 20 days ago

Share price −11.3% over the past month.

A solid business, but screening 54% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (9.02 TWD). The favourable scenario is already priced in.
  • Solid but not exceptional quality (54/100) and above fair value, neither a clear bargain nor a standout compounder.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

22.75 TWD 7.18 TWD Fair Value 7.22 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 7.18 TWD – 22.75 TWD · fair‑value band 5.41 TWD – 9.02 TWD · the 15.75 TWD price screens above the 7.22 TWD fair value. Dashed = 300-day average. As of Jul 21, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Ho Tung Chemical Corp (1714) currently trades at 15.75 TWD, while our model-based Fair Value estimate is 7.22 TWD, implying the stock looks roughly 54.2% overvalued today. The Quality Score stands at 54/100 (solid quality), in the Basic Materials 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, Ho Tung Chemical Corp generated revenue of 25.8B TWD at a net margin of 2.4%. Revenue grew 33.4% year over year. It earns a return on equity of 8.3%. The balance sheet holds a net cash position of 3.3B TWD. Fundamentals as of Jul 21, 2026

Our scenario range runs from 5.41 TWD (bear case) to 9.02 TWD (bull case); at 15.75 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 near its 52-week high and 121% 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 -54%, 1714 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 BearBaseBull Evidence
Highest evidence
Growth DCF 13.51 TWD 16.54 TWD 21.71 TWD 80
Residual Income 9.28 TWD 9.23 TWD 8.35 TWD 76
Rev-Margin DCF 14.83 TWD 20.03 TWD 26.35 TWD 74
All 24 models by family
DCF Models
FCF DCF 13.14 TWD 16.26 TWD 22.03 TWD 38
Owner Earnings 12.39 TWD 15.21 TWD 20.44 TWD 31
5Y Revenue Exit 14.83 TWD 19.85 TWD 27.15 TWD 39
5Y EBITDA Exit 15.42 TWD 20.86 TWD 28.07 TWD 41
5Y P/E Exit 11.61 TWD 14.27 TWD 17.46 TWD 38
10Y Revenue Exit 13.80 TWD 17.48 TWD 21.48 TWD 36
10Y EBITDA Exit 14.46 TWD 18.11 TWD 22.03 TWD 37
10Y P/E Exit 12.15 TWD 14.03 TWD 15.80 TWD 35
Earnings-Based
Graham-Dodd 3.39 TWD 4.15 TWD 4.67 TWD 54
EPV 13.37 TWD 14.74 TWD 15.93 TWD 59
Dividend Discount
Gordon GGM 1.88 TWD 2.06 TWD 2.33 TWD 70
DDM Multi-Stage 1.88 TWD 2.36 TWD 3.03 TWD 61
Multiples
P/E Multiple 6.37 TWD 8.49 TWD 10.61 TWD 63
P/S Multiple 6.37 TWD 8.49 TWD 10.61 TWD 58
P/B Multiple 6.37 TWD 8.49 TWD 10.61 TWD 55
EV/EBIT 18.65 TWD 23.14 TWD 27.62 TWD 53
EV/EBITDA 18.81 TWD 23.34 TWD 27.87 TWD 54
EV/Revenue 16.86 TWD 21.86 TWD 26.85 TWD 43
Asset-Based
NCAV (Graham) 6.21 TWD 8.32 TWD 12.42 TWD 50
Growth DCF
Growth DCF 13.51 TWD 16.54 TWD 21.71 TWD 80
Rev-Margin DCF 14.83 TWD 20.03 TWD 26.35 TWD 74
Economic Profit
Residual Income 9.28 TWD 9.23 TWD 8.35 TWD 76
ROIC Compounder 13.37 TWD 15.01 TWD 16.78 TWD 72
Growth Earnings
Growth-Adj P/E 4.53 TWD 6.48 TWD 8.42 TWD 68

Widest divergence: Growth DCF (16.54 TWD) versus Dividend Discount (2.06 TWD). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 25.8B TWD
Revenue growth (YoY) +33.4%
Net margin 2.4%
Return on equity 8.3%
Free cash flow 802M TWD FY2025
P/E ratio 30.0
More key figures
Operating margin 6.9%
EPS (TTM) 0.5000 TWD
Dividend yield 1.8%
EPS growth (YoY) +177%
Net cash 3.3B TWD FY2025

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

Quality Score breakdown

Overall quality 54/100

Of which business quality 55 · Market factors (momentum, volatility) 82

Profitability 33
Margins and returns on capital today
Quality Growth 64
Are margins and returns improving?
Cashflow 55
Earnings quality: real cash, not paper profit
Fin. Strength 88
Balance sheet, leverage, solvency risk
Investment 95
Disciplined investing over empire-building
Low Volatility 62
Calm price path (market factor)
Momentum 100
Price trend over the last 3–12 months (market factor)
52W Momentum 74
Distance to the 52-week high (market factor)
Net Issuance 0
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

Ho Tung Chemical Corp., together with its subsidiaries, manufactures, processes, and sells chemical products in Taiwan, China, Southeast Asia, and internationally. It operates through Chemicals, Gas Products, Investment, and Cement segments.

Full company description

Ho Tung Chemical Corp., together with its subsidiaries, manufactures, processes, and sells chemical products in Taiwan, China, Southeast Asia, and internationally. It operates through Chemicals, Gas Products, Investment, and Cement segments. The company offers n-alkanes, linear alkylbenzene, linear alkylbenzene sulfonic acid, alcohol ether sulfonates, hexadecyltrimethylammonium chloride, octadecyltrimethylammonium chloride, fatty alcohols, fatty pure polyoxyethylene ether, coco-based diethanolamine, coco-aminopropyl betaine, dodecyl dimethyl betaine, and de-aromatic solvents. It is also involved in the general investment, storage tank leasing, and oil product trading activities, as well as manufactures and sells cement raw materials. The company was formerly known as Ho Tung Holding Group and changed its name to Ho Tung Chemical Corp. in July 2005. Ho Tung Chemical Corp. was incorporated in 1980 and is based in New Taipei City, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Ho Tung Chemical Corp reported revenue of 24.0B TWD in FY2025 versus 20.2B TWD in FY2021, a compound +4.4%/yr. Reported net income was 490M TWD in FY2025, compounding −9.3%/yr from FY2021.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
24.0B TWD
Latest YoY
+16.5%
Avg. growth/yr (3Y)
+2.0%
Avg. growth/yr (5Y)
−1.5%
Avg. growth/yr (23Y)
+2.2%
Revenue +4.4%/yr
FY21 20.2B TWD
FY22 22.6B TWD
FY23 20.3B TWD
FY24 20.6B TWD
FY25 24.0B TWD
Net income −9.3%/yr
FY21 723M TWD
FY22 370M TWD
FY23 599M TWD
FY24 415M TWD
FY25 490M TWD

1714 screens 54% overvalued. Compare with BASF SE →

Share or link this analysis
For bloggers & editors: embed code + live data

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). "Ho Tung Chemical Corp Fair Value". https://www.fairvalue-calculator.com/stock/1714

Peer Group

Chemicals · 334 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 54 · Above median
Fair Value upside −54% · Below median
Return on equity (TTM) 8% · Above median
Return on assets 4% · Above median
Net margin (TTM) 2% · Below median
Operating margin (TTM) 7% · Below median
Revenue growth 33% · Top 25%
Dividend yield (TTM) 1.8% · Above median
Debt / equity 0.11× · Lower than median

Valuation Multiples vs Chemicals median · lower = cheaper

P/E (TTM) 30.0× · Pricier than median
P/B 1.21× · Cheaper than median
P/S (TTM) 0.57× · Cheaper than median
P/FCF 0.6× · Cheaper than median
EV/EBITDA 4.8× · Cheaper 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 0 · sector 0
FUTURE 100 · sector 20
PAST 33 · sector 19
HEALTH 95 · sector 94
DIVIDEND 37 · sector 27

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 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%

Compare Ho Tung Chemical Corp with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Basic Materials stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is Ho Tung Chemical Corp (1714) overvalued or undervalued?
As of Jul 21, 2026, our model estimates a fair value of 7.22 TWD versus a price of 15.75 TWD, about −54% (overvalued).
What is the fair value of 1714?
Our model-based fair value for Ho Tung Chemical Corp is 7.22 TWD (as of Jul 21, 2026), built from audited fundamentals. The current price is 15.75 TWD.
What is the quality score of 1714?
Ho Tung Chemical Corp has a Quality Score of 54/100. 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 Ho Tung Chemical Corp (1714)?
Ho Tung Chemical Corp reported trailing-twelve-month revenue of about 25.8B TWD (latest available figure, as of Jul 21, 2026).
What is the net profit margin of 1714?
The net profit margin of Ho Tung Chemical Corp is about 2.4%, meaning it keeps roughly 2.4% of revenue as net income. Based on the latest reported figures.
Does Ho Tung Chemical Corp pay a dividend?
Ho Tung Chemical Corp currently shows a dividend yield of about 1.94% 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.

14 days Pro free · no card

Track Ho Tung Chemical Corp and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.