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Taiyen Biotech Co (1737) Fair Value & Analysis

Consumer Defensive · TW · Market cap 6.4B TWD

TB Taiyen Biotech Co 1737 · TW
Price31.90 TWD
Fair Value32.59 TWD
Upside+2.2%
Quality65/100
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Weak Growth
Solidly profitable · 12.1% net margin
Low debt · generates free cash flow
4.38% dividend yield
Ranks above peers (11/14)
Moderate moat 49/100
Evidence: High Range 25.90 TWD – 42.21 TWD Share as image

Fair value as of: Jul 23, 2026

From 22 valuation models · updated 18 days ago

A solid business, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • Our model range runs from 25.90 TWD (bear) to 42.21 TWD (bull), base 32.59 TWD. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 65/100 (solid quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

37.55 TWD 28.57 TWD Fair Value 32.59 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 28.57 TWD – 37.55 TWD · fair‑value band 25.90 TWD – 42.21 TWD · the 31.90 TWD price screens below the 32.59 TWD fair value. Dashed = 300-day average. As of Jul 23, 2026.

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Analysis

Taiyen Biotech Co (1737) currently trades at 31.90 TWD, while our model-based Fair Value estimate is 32.59 TWD, implying the stock looks roughly 2.2% fairly valued today. The Quality Score stands at 65/100 (solid quality), in the Consumer Defensive 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, Taiyen Biotech Co generated revenue of 3.3B TWD at a net margin of 12.1%. Revenue declined 3.6% year over year. It earns a return on equity of 5.8%. The balance sheet holds a net cash position of 1.1B TWD. Fundamentals as of Jul 23, 2026

Our scenario range runs from 25.90 TWD (bear case) to 42.21 TWD (bull case); at 31.90 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 4% below its 52-week high and 4% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Defensive peers we cover trades at -26% fair-value upside, at 2%, 1737 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 15.32 TWD 17.96 TWD 22.65 TWD 80
Residual Income 26.35 TWD 26.94 TWD 26.59 TWD 76
Rev-Margin DCF 19.73 TWD 26.93 TWD 35.87 TWD 74
All 22 models by family
DCF Models
FCF DCF 15.01 TWD 17.73 TWD 23.00 TWD 38
Owner Earnings 23.19 TWD 28.60 TWD 39.11 TWD 31
5Y Revenue Exit 19.73 TWD 26.74 TWD 37.25 TWD 39
5Y EBITDA Exit 28.41 TWD 41.51 TWD 59.32 TWD 41
5Y P/E Exit 26.47 TWD 38.21 TWD 52.55 TWD 38
10Y Revenue Exit 17.32 TWD 22.92 TWD 29.33 TWD 36
10Y EBITDA Exit 22.97 TWD 32.33 TWD 43.04 TWD 37
10Y P/E Exit 21.80 TWD 30.23 TWD 38.84 TWD 35
Earnings-Based
Graham-Dodd 13.60 TWD 21.23 TWD 25.44 TWD 54
EPV 23.83 TWD 26.53 TWD 28.86 TWD 59
Multiples
P/E Multiple 31.49 TWD 41.99 TWD 52.48 TWD 63
P/S Multiple 19.85 TWD 26.46 TWD 33.08 TWD 58
P/B Multiple 25.49 TWD 33.99 TWD 42.49 TWD 55
EV/EBIT 37.10 TWD 47.22 TWD 57.34 TWD 53
EV/EBITDA 41.95 TWD 53.68 TWD 65.41 TWD 54
EV/Revenue 24.11 TWD 31.55 TWD 39.00 TWD 43
Asset-Based
NCAV (Graham) 17.03 TWD 22.83 TWD 34.07 TWD 50
Growth DCF
Growth DCF 15.32 TWD 17.96 TWD 22.65 TWD 80
Rev-Margin DCF 19.73 TWD 26.93 TWD 35.87 TWD 74
Economic Profit
Residual Income 26.35 TWD 26.94 TWD 26.59 TWD 76
ROIC Compounder 23.83 TWD 26.53 TWD 28.86 TWD 72
Growth Earnings
Growth-Adj P/E 22.24 TWD 31.77 TWD 41.30 TWD 68

Widest divergence: Multiples (33.99 TWD) versus Growth DCF (17.96 TWD). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 3.3B TWD
Revenue growth (YoY) -3.6%
Net margin 12.1%
Return on equity 5.8%
Free cash flow 174M TWD FY2025
P/E ratio 16.0
More key figures
Operating margin 15.4%
EPS (TTM) 1.99 TWD
Dividend yield 4.4%
EPS growth (YoY) -3.4%
Net cash 1.1B TWD FY2025

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

Quality Score breakdown

Overall quality 65/100

Of which business quality 62 · Market factors (momentum, volatility) 57

Profitability 36
Margins and returns on capital today
Quality Growth 49
Are margins and returns improving?
Cashflow 35
Earnings quality: real cash, not paper profit
Fin. Strength 91
Balance sheet, leverage, solvency risk
Investment 84
Disciplined investing over empire-building
Low Volatility 100
Calm price path (market factor)
Momentum 40
Price trend over the last 3–12 months (market factor)
52W Momentum 38
Distance to the 52-week high (market factor)
Net Issuance 94
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

Taiyen Biotech Co., Ltd. engages in the production and sale of salt products in Taiwan and internationally. It offers beauty and skincare, and cleaning products; salt products; and leisure and pet foods, as well as health supplement. The company was founded in 1952 and is based in Tainan City, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Taiyen Biotech Co reported revenue of 3.3B TWD in FY2025 versus 4.1B TWD in FY2021, a compound −5.2%/yr. Reported net income was 400M TWD in FY2025, compounding +0.4%/yr from FY2021.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
3.3B TWD
Latest YoY
+2.1%
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.
−2.9%
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.
+1.1%
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.
−0.2%
Revenue −5.2%/yr
FY21 4.1B TWD
FY22 3.6B TWD
FY23 3.4B TWD
FY24 3.2B TWD
FY25 3.3B TWD
Net income +0.4%/yr
FY21 393M TWD
FY22 427M TWD
FY23 300M TWD
FY24 372M TWD
FY25 400M TWD
Character of growth · EPS growth decomposed (2014-2025) +2.9 % p.a.
Revenue per share +2.4 pp

of which total revenue +2.3 pp · buybacks/dilution +0.1 pp

EBIT margin +1.3 pp
Tax rate −1.2 pp
Residual (interest, one-offs) +0.4 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). "Taiyen Biotech Co Fair Value". https://www.fairvalue-calculator.com/stock/1737

Peer Group

Household & Personal Products · 244 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 65 · Above median
Fair Value upside +2% · Above median
Return on equity (TTM) 6% · Below median
Return on assets 4% · Above median
Net margin (TTM) 12% · Top 25%
Operating margin (TTM) 15% · Top 25%
Revenue growth -4% · Below median
Dividend yield (TTM) 4.4% · Above median

Valuation Multiples vs Household & Personal Products median · lower = cheaper

P/E (TTM) 16.0× · Cheaper than median
P/B 0.93× · Cheaper than median
P/S (TTM) 1.94× · Pricier than median
P/FCF 1.1× · Cheaper than median
EV/EBITDA 6.8× · 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 36 · sector 28
FUTURE 0 · sector 4
PAST 23 · sector 26
HEALTH 100 · sector 98
DIVIDEND 88 · sector 50

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 Household & Personal Products stocks, each showing price versus our Fair Value estimate (as of Jul 23, 2026).

Stock Price Fair Value vs Fair Value
The Procter & Gamble Company PG $146.80 $108.16 -26%
Unilever PLC ULN 1,080 MXN 1,273 MXN +18%
Hindustan Unilever Limited HINDUNILVR ₹2,144 ₹1,000 -53%
Essity AB ESSITYA kr 279.00 kr 250.02 -10%
Godrej Consumer Products Limited GODREJCP ₹1,088 ₹367.64 -66%
Marico Limited MARICO ₹846.75 ₹233.05 -72%
APR Co 278470 375,000 KRW 151,222 KRW -60%
Dabur India Limited DABUR ₹429.45 ₹181.60 -58%
Kimberly-Clark de México, S. A. B. de C. V., KIMBERA 38.07 MXN 50.09 MXN +32%
PT Unilever Indonesia Tbk UNVR 1,730 IDR 1,934 IDR +12%

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Frequently asked questions

Is Taiyen Biotech Co (1737) overvalued or undervalued?
As of Jul 23, 2026, our model estimates a fair value of 32.59 TWD versus a price of 31.90 TWD, about +2% (fairly valued).
What is the fair value of 1737?
Our model-based fair value for Taiyen Biotech Co is 32.59 TWD (as of Jul 23, 2026), built from audited fundamentals. The current price is 31.90 TWD.
What is the quality score of 1737?
Taiyen Biotech Co has a Quality Score of 65/100. 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 Taiyen Biotech Co (1737)?
Taiyen Biotech Co reported trailing-twelve-month revenue of about 3.3B TWD (latest available figure, as of Jul 23, 2026).
What is the net profit margin of 1737?
The net profit margin of Taiyen Biotech Co is about 12.1%, meaning it keeps roughly 12.1% of revenue as net income. Based on the latest reported figures.
Does Taiyen Biotech Co pay a dividend?
Taiyen Biotech Co currently shows a dividend yield of about 4.41% 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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