Fairvalue-Calculator Fairvalue-Calculator
EN DE

Hocheng Corporation (1810) Fair Value & Analysis

Consumer Cyclical · TW · Market cap 6.2B TWD

HC Hocheng Corporation 1810 · TW
Price20.10 TWD
Fair Value5.71 TWD
Upside-71.6%
Quality94/100
Evidence: High Range 4.16 TWD – 7.25 TWD

Fair value as of: Jun 24, 2026

From 19 valuation models · updated 5 days ago

Fair value updated Jun 24, 2026 — revised from 10.65 TWD to 5.71 TWD (−46.4%) since Jun 23, 2026. Share price +9.5% over the past month.

Price vs Fair Value (12 months)

22.78 TWD 13.46 TWD Fair Value 5.71 TWD Jun 2025 Jun 2026

12‑month range 13.46 TWD – 22.78 TWD · fair‑value band 4.16 TWD – 7.25 TWD · the 20.10 TWD price screens above the 5.71 TWD fair value. As of Jun 24, 2026.

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

Analysis

Hocheng Corporation (1810) currently trades at 20.10 TWD, while our model-based Fair Value estimate is 5.71 TWD — implying the stock looks roughly 71.6% overvalued today. We read business quality at 94/100 (high quality), in the Consumer Cyclical 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, Hocheng Corporation generated revenue of 4.5B TWD at a net margin of 25.6%. Revenue declined 8.1% year over year. It earns a return on equity of 15.2%. Net debt stands at 142M TWD. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) 4.5B TWD
Revenue growth (YoY) -8.1%
Net margin 25.6%
Return on equity 15.2%
Free cash flow 355M TWD FY2025
P/E ratio 411.0
More key figures
Operating margin -19.1%
EPS (TTM) 0.0500 TWD
EPS growth (YoY) +124,950%
Net debt 142M TWD FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

About the company

Hocheng Corporation provides bathroom products in Taiwan and internationally. It offers sanitary ceramics and its attachments, tiles, ceramic toys, sand wheels, fine ceramics, electronic ceramics, voltage insulators, bricks, ceramic table wares, ceramic containers, artistic ceramic products, refractory materials, heat insulating materials, and other kiln ceramics; and bathroom appliances, including cosmetic mirrors, paper towel holders, soap dishes, mug holders, towel rings/racks, clothes hooks, makeup plates, ashtrays, etc.; and constructs, leases, and sells public housing and commercial buildings; manufactures and trades pre-cast concrete and curtain wall products; and offers display, introduction, and sales services for domestic and foreign art and folk crafts. The company provides water-supply copper wares, milling tubes, vanishes, enamel products, and other fabrication accessories; electric water heaters, water boilers, water dispensers, water flushers, water filters, bathroom …

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Hocheng Corporation reported revenue of 4.6B TWD in FY2025 versus 5.3B TWD in FY2021, a compound −3.8%/yr. Reported net income was 14.3M TWD in FY2025, compounding −69.9%/yr from FY2021.

Revenue −3.8%/yr
FY21 5.3B TWD
FY22 5.0B TWD
FY23 4.9B TWD
FY24 4.9B TWD
FY25 4.6B TWD
Net income −69.9%/yr
FY21 1.7B TWD
FY22 157M TWD
FY23 19.3M TWD
FY24 58.4M TWD
FY25 14.3M TWD

Open the full interactive analysis →

Similar stocks

6 more Furnishings, Fixtures & Appliances stocks, each showing price versus our Fair Value estimate (as of Jun 24, 2026).

Stock Price Fair Value vs Fair Value
Midea Group 000333 ¥81.69 ¥128.24 +57%
Haier Smart Home Co QIHCF $2.42 $3.28 +36%
Gree Electric Appliances, Inc 000651 ¥38.20 ¥86.03 +125%
Guangdong Songfa Ceramics Co 603268 ¥142.09 ¥52.95 -63%
SharkNinja, Inc SN $128.22 $78.04 -39%
King Slide Works Co 2059 6,400 TWD 3,425 TWD -46%

Explore undervalued stocks

More undervalued Consumer Cyclical stocks →

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

Frequently asked questions

Is Hocheng Corporation (1810) undervalued?
As of Jun 24, 2026, our model estimates a fair value of 5.71 TWD versus a price of 20.10 TWD — about −72% (overvalued). Model-based estimate, not financial advice.
What is the fair value of 1810?
Our 21-model fair value for Hocheng Corporation is 5.71 TWD (as of Jun 24, 2026), built from audited fundamentals. The current price is 20.10 TWD.
What is the quality score of 1810?
Hocheng Corporation has a Quality Score of 94/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Hocheng Corporation (1810)?
Hocheng Corporation reported trailing-twelve-month revenue of about 4.5B TWD (latest available figure, as of Jun 24, 2026).
What is the net profit margin of 1810?
The net profit margin of Hocheng Corporation is about 25.6%, meaning it keeps roughly 25.6% 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.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.