EN DE

Shiny Chemical Industrial Co (1773) Fair Value & Analysis

Basic Materials · TW · Market cap 51.0B TWD

SC Shiny Chemical Industrial Co 1773 · TW
Price155.00 TWD
Fair Value66.67 TWD
Upside-57.0%
Quality52/100
Watch Shiny Chemical Industrial Co for free, get notified when fair value or trend changes. Watch for free
Healthy Growth
Solidly profitable · 18.4% net margin
Low debt · generates free cash flow
Mixed vs. peers (8/14)
Wide moat 72/100
Evidence: High Range 41.12 TWD – 108.77 TWD Share as image

Fair value as of: Jul 23, 2026

From 25 valuation models · updated 18 days ago

Share price −11.4% over the past month.

A solid business, but screening 57% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (108.77 TWD). The favourable scenario is already priced in.
  • The model range is unusually wide (41.12 TWD to 108.77 TWD). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • Solid but not exceptional quality (52/100) and above fair value, neither a clear bargain nor a standout compounder.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

195.00 TWD 72.05 TWD Fair Value 66.67 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 72.05 TWD – 195.00 TWD · fair‑value band 41.12 TWD – 108.77 TWD · the 155.00 TWD price screens above the 66.67 TWD fair value. Dashed = 300-day average. As of Jul 23, 2026.

Full chart & analysis →

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

Analysis

Shiny Chemical Industrial Co (1773) currently trades at 155.00 TWD, while our model-based Fair Value estimate is 66.67 TWD, implying the stock looks roughly 57.0% overvalued today. The Quality Score stands at 52/100 (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: high).

Over the trailing twelve months, Shiny Chemical Industrial Co generated revenue of 11.8B TWD at a net margin of 18.4%. Revenue grew 10.6% year over year. It earns a return on equity of 19.5%. Net debt stands at 2.7B TWD. Fundamentals as of Jul 23, 2026

Our scenario range runs from 41.12 TWD (bear case) to 108.77 TWD (bull case); at 155.00 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 24% below its 52-week high and 34% 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 -57%, 1773 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 40.86 TWD 60.94 TWD 88.78 TWD 80
Residual Income 44.53 TWD 58.54 TWD 199.94 TWD 76
Rev-Margin DCF 34.59 TWD 56.24 TWD 80.04 TWD 74
All 25 models by family
DCF Models
FCF DCF 39.69 TWD 61.64 TWD 93.62 TWD 38
Owner Earnings 28.48 TWD 45.07 TWD 69.23 TWD 31
5Y Revenue Exit 34.59 TWD 55.83 TWD 82.14 TWD 39
5Y EBITDA Exit 53.67 TWD 90.31 TWD 131.87 TWD 41
5Y P/E Exit 59.27 TWD 100.43 TWD 142.22 TWD 38
10Y Revenue Exit 34.88 TWD 54.36 TWD 78.90 TWD 36
10Y EBITDA Exit 48.06 TWD 77.87 TWD 115.68 TWD 37
10Y P/E Exit 51.58 TWD 84.77 TWD 123.33 TWD 35
Earnings-Based
Graham-Dodd 46.32 TWD 119.75 TWD 156.03 TWD 54
PEG = 1.0 22.60 TWD 32.29 TWD 41.97 TWD 46
EPV 54.50 TWD 64.61 TWD 73.46 TWD 59
Dividend Discount
Gordon GGM 19.13 TWD 37.88 TWD 63.10 TWD 70
DDM Multi-Stage 19.13 TWD 29.32 TWD 40.29 TWD 61
Multiples
P/E Multiple 86.85 TWD 115.80 TWD 144.75 TWD 63
P/S Multiple 43.13 TWD 57.50 TWD 71.88 TWD 58
P/B Multiple 84.26 TWD 112.35 TWD 140.44 TWD 55
EV/EBIT 77.07 TWD 104.82 TWD 132.58 TWD 53
EV/EBITDA 70.73 TWD 96.37 TWD 122.02 TWD 54
EV/Revenue 34.05 TWD 51.30 TWD 68.55 TWD 43
Asset-Based
NCAV (Graham) 18.73 TWD 25.09 TWD 37.45 TWD 50
Growth DCF
Growth DCF 40.86 TWD 60.94 TWD 88.78 TWD 80
Rev-Margin DCF 34.59 TWD 56.24 TWD 80.04 TWD 74
Economic Profit
Residual Income 44.53 TWD 58.54 TWD 199.94 TWD 76
ROIC Compounder 57.04 TWD 72.55 TWD 90.47 TWD 72
Growth Earnings
Growth-Adj P/E 68.90 TWD 98.43 TWD 127.96 TWD 68

Widest divergence: Growth Earnings (98.43 TWD) versus Asset-Based (25.09 TWD). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 11.8B TWD
Revenue growth (YoY) +10.6%
Net margin 18.4%
Return on equity 19.5%
Free cash flow 1.3B TWD FY2025
P/E ratio 24.9
More key figures
Operating margin 23.4%
EPS (TTM) 7.22 TWD
EPS growth (YoY) +27.2%
Net debt 2.7B TWD FY2025

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

Quality Score breakdown

Overall quality 52/100

Of which business quality 53 · Market factors (momentum, volatility) 48

Profitability 61
Margins and returns on capital today
Quality Growth 52
Are margins and returns improving?
Cashflow 55
Earnings quality: real cash, not paper profit
Fin. Strength 79
Balance sheet, leverage, solvency risk
Investment 42
Disciplined investing over empire-building
Low Volatility 55
Calm price path (market factor)
Momentum 46
Price trend over the last 3–12 months (market factor)
52W Momentum 46
Distance to the 52-week high (market factor)
Net Issuance 10
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

Shiny Chemical Industrial Co., Ltd. engages in manufacturing, processing, and trading of chemical solvents in Taiwan and internationally. It provides electronic solvents, including menthyl acetates, ether alcohol esters, other solvents, and customized products; and industrial solvents, such as menthyl acetates, ether ester products, and other solvents.

Full company description

Shiny Chemical Industrial Co., Ltd. engages in manufacturing, processing, and trading of chemical solvents in Taiwan and internationally. It provides electronic solvents, including menthyl acetates, ether alcohol esters, other solvents, and customized products; and industrial solvents, such as menthyl acetates, ether ester products, and other solvents. The company also offers formalin and urea glue products; and leases storage tanks and warehouses. In addition, it provides electronic grade solvents for use in semiconductor process, flat screen monitor, photoresist manufacturing, bumping and packaging, and LED industries. Shiny Chemical Industrial Co., Ltd. was incorporated in 1979 and is headquartered in Kaohsiung, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Shiny Chemical Industrial Co reported revenue of 11.5B TWD in FY2025 versus 11.1B TWD in FY2021, a compound +0.8%/yr. Reported net income was 2.0B TWD in FY2025, compounding +6.0%/yr from FY2021.

Growth Quality 86/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
11.5B TWD
Latest YoY
+4.0%
Avg. growth/yr (3Y)
+0.5%
Avg. growth/yr (5Y)
+8.1%
Avg. growth/yr (17Y)
+4.0%
Revenue +0.8%/yr
FY21 11.1B TWD
FY22 11.3B TWD
FY23 9.9B TWD
FY24 11.1B TWD
FY25 11.5B TWD
Net income +6.0%/yr
FY21 1.6B TWD
FY22 1.8B TWD
FY23 1.6B TWD
FY24 1.8B TWD
FY25 2.0B TWD

1773 screens 57% 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). "Shiny Chemical Industrial Co Fair Value". https://www.fairvalue-calculator.com/stock/1773

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 52 · Above median
Fair Value upside −57% · Below median
Return on equity (TTM) 20% · Top 25%
Return on assets 9% · Top 25%
Net margin (TTM) 18% · Top 25%
Operating margin (TTM) 23% · Top 25%
Revenue growth 11% · Above median
Dividend yield (TTM) 0.0% · Bottom 25%
Debt / equity 0.19× · Higher than median

Valuation Multiples vs Chemicals median · lower = cheaper

P/E (TTM) 23.6× · Cheaper than median
P/B 4.54× · Pricier than 75% of peers
P/S (TTM) 4.33× · Pricier than 75% of peers
P/FCF 1.3× · Cheaper than median
EV/EBITDA 16.5× · Pricier 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 0
FUTURE 53 · sector 20
PAST 78 · sector 19
HEALTH 90 · sector 94
DIVIDEND 0 · 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 23, 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 Shiny Chemical Industrial Co 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 Shiny Chemical Industrial Co (1773) overvalued or undervalued?
As of Jul 23, 2026, our model estimates a fair value of 66.67 TWD versus a price of 155.00 TWD, about −57% (overvalued).
What is the fair value of 1773?
Our model-based fair value for Shiny Chemical Industrial Co is 66.67 TWD (as of Jul 23, 2026), built from audited fundamentals. The current price is 155.00 TWD.
What is the quality score of 1773?
Shiny Chemical Industrial Co has a Quality Score of 52/100. 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 Shiny Chemical Industrial Co (1773)?
Shiny Chemical Industrial Co reported trailing-twelve-month revenue of about 11.8B TWD (latest available figure, as of Jul 23, 2026).
What is the net profit margin of 1773?
The net profit margin of Shiny Chemical Industrial Co is about 18.4%, meaning it keeps roughly 18.4% of revenue as net income. 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.

14 days Pro free · no card

Track Shiny Chemical Industrial Co 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.