Taiwan Glass Ind Corp (1802) fair value: what the stock is really worth
As of Sep 24, 2026: fair value of Taiwan Glass Ind Corp TWD 13.98, price TWD 58.40, upside -76.1%, quality 47 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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Taiwan Glass Ind. Corp. manufactures, processes, and sells various glass products in Taiwan, China, and internationally. The company operates through Flat-panel, Glassware, and Glass Fibers segments. The company offers float and processed glass; auto glass; ultra-thin glass; photovoltaic glass; and fabric and fiber glass.
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Taiwan Glass Ind. Corp. manufactures, processes, and sells various glass products in Taiwan, China, and internationally. The company operates through Flat-panel, Glassware, and Glass Fibers segments. The company offers float and processed glass; auto glass; ultra-thin glass; photovoltaic glass; and fabric and fiber glass. It also provides liquor, wine and beer, food jar, pepper, spice, sauce, oil and vinegar, soft drink, juice and milk, pharmaceutical, and cobalt blue containers; tableware, such as bowls and plates, water tumblers, wine glasses, mugs, color, storage jars and boxes, ashtrays, candleholders, and others products; and kitchenware comprising tea pots, pitchers, bubble balls, storage jars, coffee pots, and glass covers. Taiwan Glass Ind. Corp. was founded in 1964 and is based in Taipei, Taiwan.
Stock analysis
Taiwan Glass Ind Corp (1802) currently trades at 58.40 TWD, while our model-based Fair Value estimate is 13.98 TWD, implying the stock looks roughly 317.7% overvalued today.
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Valuation
How firm this estimate is: it rests on 4 models at a data quality of 90/100, which puts the evidence level at low.
Scenario range: 9.01 TWD (bear) to 18.95 TWD (bull), the price of 58.40 TWD sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 47/100 (below-average quality), in the Basic Materials sector.
Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.
Taiwan Glass Ind Corp reported revenue of 41.5B TWD in FY2025 versus 56.1B TWD in FY2021, a compound −7.2%/yr. Reported net income was −590M TWD in FY2025.
Key figures
Market cap 172B TWD (≈ $5.4B) · P/S ratio 4.67 · EPS (TTM) −0.2000 TWD · Net margin −1.4% · Return on equity 0.6% · Return on assets (EBIT) 2.7% · Operating margin 7.8% · Revenue (TTM) 42.1B TWD.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 42 out of 100 (low confidence).
What moves the price
The share trades about 24% below its 52-week high and 123% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at −47% fair-value upside, at −76%, 1802 screens richer than that median.
Fair Value models
Bear 9.01 TWDFair Value 13.98 TWDBull 18.95 TWD
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single 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 ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.18/100
Revenue is shrinking: the last year, the last three and the last five years are all negative.
Revenue growth 1 year
−2.4%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
−1.8%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
−0.2%
Start year 2020 (pandemic). Over 10 years: +0.1% a year
Revenue growth 25 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+4.1%
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Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
9.3% (2020) → −0.2% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
Price, fair value, quality and upside side by side.
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Peer Groupⓘ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.Building Materials · 256 stocks
Beats the industry median on 5/12 measures
A mixed picture versus its industry peers.
Valuation
Quality Score47 · Below median
Fair Value upside−76% · Bottom 25%
Profitability
Return on equity (TTM)1% · Below median
Return on assets1% · Below median
Net margin (TTM)1% · Below median
Operating margin (TTM)8% · Above median
Growth and dividend
Revenue growth6% · Above median
Balance sheet
Debt / equity0.20× · Above median
Valuation Multiplesvs Building Materials median · lower = cheaper
P/B0.11× · Cheapest 25%
P/S (TTM)0.13× · Cheapest 25%
EV/EBITDA1.0× · Cheapest 25%
PEG2.91× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 26
FUTURE (revenue growth)31· sector 2
PAST (return on equity)2· sector 15
HEALTH (low debt)90· sector 92
DIVIDEND (yield)0· sector 45
VALUE 0: the price sits above our fair-value range.
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). "Taiwan Glass Ind Corp Fair Value". https://www.fairvalue-calculator.com/stock/1802
Frequently asked questions
Is Taiwan Glass Ind Corp (1802) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of 13.98 TWD versus a price of 58.40 TWD, about −76% upside (overvalued).
What is the fair value of 1802?
Our model-based fair value for Taiwan Glass Ind Corp is 13.98 TWD (as of Sep 24, 2026), built from audited fundamentals. The current price: 58.40 TWD.
What is the quality score of 1802?
Taiwan Glass Ind Corp has a Quality Score of 47/100. 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 price target for Taiwan Glass Ind Corp (1802)?
Our model-based price target is the fair value of 13.98 TWD (as of Sep 24, 2026) from 2 valuation models. Cautious scenario 9.01 TWD, optimistic scenario 18.95 TWD. It is a calculation from audited fundamentals, not an analyst target.
What is the Taiwan Glass Ind Corp stock forecast for 2026?
Our models put fair value at 13.98 TWD, about −76% upside versus a price of 58.40 TWD (overvalued). Cautious scenario 9.01 TWD, optimistic scenario 18.95 TWD. The calculation is refreshed regularly with new filings.
What is the revenue of Taiwan Glass Ind Corp (1802)?
Taiwan Glass Ind Corp reported trailing-twelve-month revenue of about 42.1B TWD (latest available figure, as of Sep 24, 2026).
What is the intrinsic value of Taiwan Glass Ind Corp (1802)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Taiwan Glass Ind Corp it is 13.98 TWD per share (as of Sep 24, 2026), against a price of 58.40 TWD. It is the blended result of 2 valuation models (cash flow, earnings, asset, dividend).
Is Taiwan Glass Ind Corp stock overvalued or undervalued in 2026?
As of Sep 24, 2026, 1802 trades above its calculated fair value: price 58.40 TWD, fair value 13.98 TWD, a gap of about −76% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 1802?
No. The price is what the market pays today (58.40 TWD); the fair value is what the company's own numbers justify (13.98 TWD). For Taiwan Glass Ind Corp the two are 44.42 TWD per share apart. That gap is exactly why we show both numbers side by side.
How much is Taiwan Glass Ind Corp worth?
The market values Taiwan Glass Ind Corp at about 172B TWD (market capitalisation, as of Sep 24, 2026). Per share that is 58.40 TWD; our models calculate a fair value of 13.98 TWD per share.
What do the bullish and bearish scenarios say about 1802?
Our models span a range for Taiwan Glass Ind Corp: cautious scenario 9.01 TWD, base 13.98 TWD, optimistic 18.95 TWD per share (as of Sep 24, 2026, price 58.40 TWD). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the PEG ratio of 1802?
The PEG ratio of Taiwan Glass Ind Corp is 2.91 (P/E divided by earnings growth, as of Sep 24, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Taiwan Glass Ind Corp (1802)?
Balance-sheet figures for Taiwan Glass Ind Corp (as of Sep 24, 2026): return on equity 0.6%, debt of 0.20 per unit of equity. They feed the Quality Score of 47/100, which measures business quality independently of the share price.
How far is 1802 from its 52-week high?
Taiwan Glass Ind Corp trades at 58.40 TWD, about 24% below its 52-week high of 76.60 TWD and 123% above the low of 26.15 TWD (as of Sep 24, 2026). Distance from the high says nothing about value: that is what the fair value of 13.98 TWD is for.
Which stocks are comparable to Taiwan Glass Ind Corp?
From the same area (Basic Materials) we also value CRH plc, Holcim AG, Vulcan Materials Company, UltraTech Cement Limited, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Taiwan Glass Ind Corp stock attractive at the current price?
The data as of Sep 24, 2026: price 58.40 TWD, calculated fair value 13.98 TWD (−76%), Quality Score 47/100, from 2 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 1802 calculated?
We run Taiwan Glass Ind Corp through 2 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of 13.98 TWD, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.1 % above its aggregate fair value. Taiwan Glass Ind Corp itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Taiwan Glass Ind Corp (1802)?
The closing price on Sep 24, 2026 was 58.40 TWD. Our model-based fair value is 13.98 TWD, about −76% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Taiwan Glass Ind Corp right now?
The price sits above even our optimistic bull case (18.95 TWD). The favourable scenario is already priced in. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid but not exceptional quality (47/100) and above fair value, neither a clear bargain nor a standout compounder. A fairly wide model range (9.01 TWD to 18.95 TWD) leaves room in how you read the outcome.
Key figures of Taiwan Glass Ind Corp
How large is the market capitalisation of Taiwan Glass Ind Corp (1802)?
The market capitalisation of Taiwan Glass Ind Corp is 172B TWD (≈ $5.4B). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Taiwan Glass Ind Corp (1802)?
The price-to-sales ratio of Taiwan Glass Ind Corp is 4.67 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Taiwan Glass Ind Corp (1802)?
Earnings per share at Taiwan Glass Ind Corp are −0.2000 TWD. Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Taiwan Glass Ind Corp (1802)?
The net margin of Taiwan Glass Ind Corp is −1.4% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Taiwan Glass Ind Corp (1802)?
The return on equity (ROE) of Taiwan Glass Ind Corp is 0.6% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Taiwan Glass Ind Corp (1802)?
On an EBIT basis the return on assets of Taiwan Glass Ind Corp is 2.7% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Taiwan Glass Ind Corp (1802)?
The operating margin of Taiwan Glass Ind Corp is 7.8% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Taiwan Glass Ind Corp (1802)?
Revenue at Taiwan Glass Ind Corp is growing +6.1% versus a year earlier (3y avg −1.8%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Taiwan Glass Ind Corp (1802)?
Earnings per share at Taiwan Glass Ind Corp are growing −79.7% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Taiwan Glass Ind Corp (1802) generate?
The free cash flow of Taiwan Glass Ind Corp is −2.3B TWD (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Taiwan Glass Ind Corp (1802) carry?
The net debt of Taiwan Glass Ind Corp is 17.2B TWD (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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