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Chun Yu Works & Co (2012) Fair Value & Analysis

Basic Materials · TW · Market cap 4.3B TWD

CY Chun Yu Works & Co 2012 · TW
Price15.25 TWD
Fair Value16.92 TWD
Upside+11.0%
Quality35/100
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Weak Growth
Loss-making · -0.1% net margin
Moderate debt · generates free cash flow
1.94% dividend yield
Trails peers (4/13)
Narrow moat 22/100
Evidence: Medium Range 13.90 TWD – 16.92 TWD Share as image

Fair value as of: Jul 21, 2026

From 21 valuation models · updated 20 days ago

Share price −2.9% over the past month.

Below-average quality, screening 11% undervalued on our models.

What matters now

  • Our model range runs from 13.90 TWD (bear) to 16.92 TWD (bull), base 16.92 TWD. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 35/100 (below-average quality) with medium evidence: read the verdict with care.
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Price vs Fair Value (5 years)

35.56 TWD 14.15 TWD Fair Value 16.92 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 14.15 TWD – 35.56 TWD · fair‑value band 13.90 TWD – 16.92 TWD · the 15.25 TWD price screens below the 16.92 TWD fair value. Dashed = 300-day average. As of Jul 21, 2026.

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Analysis

Chun Yu Works & Co (2012) currently trades at 15.25 TWD, while our model-based Fair Value estimate is 16.92 TWD, implying the stock looks roughly 11.0% undervalued today. The Quality Score stands at 35/100 (below-average quality), in the Basic Materials 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: medium), always confirm before acting.

Over the trailing twelve months, Chun Yu Works & Co generated revenue of 8.0B TWD at a net margin of -0.1%. Revenue declined 13.6% year over year. It earns a return on equity of 1.0%. Net debt stands at 4.4B TWD. Fundamentals as of Jul 21, 2026

Our scenario range runs from 13.90 TWD (bear case) to 16.92 TWD (bull case); at 15.25 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 25% below its 52-week high and 10% above its 52-week low, currently below its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -7% fair-value upside, at 11%, 2012 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 7.19 TWD 12.57 TWD 21.49 TWD 80
Residual Income 9.53 TWD 9.04 TWD 6.73 TWD 76
Rev-Margin DCF 2.75 TWD 7.47 TWD 13.35 TWD 74
All 21 models by family
DCF Models
FCF DCF 6.54 TWD 12.13 TWD 22.16 TWD 38
5Y Revenue Exit 2.75 TWD 7.10 TWD 13.40 TWD 39
5Y EBITDA Exit 8.39 TWD 16.86 TWD 28.08 TWD 41
5Y P/E Exit 0.5700 TWD 2.52 TWD 38
10Y Revenue Exit 3.93 TWD 7.25 TWD 10.73 TWD 36
10Y EBITDA Exit 7.52 TWD 13.15 TWD 19.15 TWD 37
10Y P/E Exit 1.94 TWD 3.31 TWD 4.49 TWD 35
Earnings-Based
Graham-Dodd 1.35 TWD 1.65 TWD 1.85 TWD 54
Dividend Discount
Gordon GGM 8.78 TWD 9.57 TWD 10.76 TWD 70
DDM Multi-Stage 8.78 TWD 10.85 TWD 13.68 TWD 61
Multiples
P/E Multiple 3.12 TWD 4.17 TWD 5.21 TWD 63
P/S Multiple 2.53 TWD 3.37 TWD 4.22 TWD 58
P/B Multiple 2.53 TWD 3.37 TWD 4.22 TWD 55
EV/EBIT 4.95 TWD 9.51 TWD 14.07 TWD 53
EV/EBITDA 12.70 TWD 19.84 TWD 26.99 TWD 54
EV/Revenue 1.03 TWD 5.22 TWD 9.40 TWD 43
Asset-Based
NCAV (Graham) 6.95 TWD 9.31 TWD 13.89 TWD 50
Growth DCF
Growth DCF 7.19 TWD 12.57 TWD 21.49 TWD 80
Rev-Margin DCF 2.75 TWD 7.47 TWD 13.35 TWD 74
Economic Profit
Residual Income 9.53 TWD 9.04 TWD 6.73 TWD 76
Growth Earnings
Growth-Adj P/E 2.21 TWD 3.15 TWD 4.10 TWD 68

Widest divergence: Dividend Discount (9.57 TWD) versus Earnings-Based (1.65 TWD). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 8.0B TWD
Revenue growth (YoY) -13.6%
Net margin -0.1%
Return on equity 1.0%
Free cash flow 460M TWD FY2025
P/E ratio 79.2
More key figures
Operating margin 0.0%
EPS (TTM) 0.1800 TWD
Dividend yield 2.1%
EPS growth (YoY) -15.1%
Net debt 4.4B TWD FY2025

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

Quality Score breakdown

Overall quality 35/100

Of which business quality 36 · Market factors (momentum, volatility) 44

Profitability 25
Margins and returns on capital today
Quality Growth 27
Are margins and returns improving?
Cashflow 53
Earnings quality: real cash, not paper profit
Fin. Strength 30
Balance sheet, leverage, solvency risk
Investment 95
Disciplined investing over empire-building
Low Volatility 87
Calm price path (market factor)
Momentum 32
Price trend over the last 3–12 months (market factor)
52W Momentum 17
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

Chun Yu Works & Co., Ltd. engages in the manufacture and sale of various fastener products in Taiwan and internationally.

Full company description

Chun Yu Works & Co., Ltd. engages in the manufacture and sale of various fastener products in Taiwan and internationally. It offers automotive, bike, railway system, construction and building, steel structure, electronic, heavy industry and machinery, aerospace, and green energy fasteners; and collated screws, collated auto feed screwdrivers, cold drawn and annealing wires, and bright steel bars and wire rods. The company also provides surface and phosphating treatment, and environmental protection engineering services, as well as waste treatment systems. The company was founded in 1949 and is headquartered in Kaohsiung, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Chun Yu Works & Co reported revenue of 8.3B TWD in FY2025 versus 11.8B TWD in FY2021, a compound −8.4%/yr. Reported net income was 55.3M TWD in FY2025, compounding −47.8%/yr from FY2021.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
8.3B TWD
Latest YoY
−9.4%
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.
−9.1%
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.
+0.6%
Avg. growth/yr (23Y) 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.
+2.3%
Revenue −8.4%/yr
FY21 11.8B TWD
FY22 11.0B TWD
FY23 8.5B TWD
FY24 9.2B TWD
FY25 8.3B TWD
Net income −47.8%/yr
FY21 745M TWD
FY22 538M TWD
FY23 254M TWD
FY24 287M TWD
FY25 55.3M TWD
Character of growth · EPS growth decomposed (2014-2025) −3.3 % p.a.
Revenue per share −4.6 pp

of which total revenue −0.2 pp · buybacks/dilution −4.4 pp

EBIT margin +0.6 pp
Tax rate −1.7 pp
Residual (interest, one-offs) +2.4 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). "Chun Yu Works & Co Fair Value". https://www.fairvalue-calculator.com/stock/2012

Peer Group

Steel · 378 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 35 · Bottom 25%
Fair Value upside −6% · Above median
Return on equity (TTM) 1% · Below median
Return on assets 1% · Below median
Net margin (TTM) -0% · Below median
Operating margin (TTM) 0% · Bottom 25%
Revenue growth -14% · Bottom 25%
Dividend yield (TTM) 1.9% · Below median
Debt / equity 0.82× · Higher than 75% of peers

Valuation Multiples vs Steel median · lower = cheaper

P/E (TTM) 86.4× · Pricier than 75% of peers
P/S (TTM) 0.02× · Cheaper than 75% of peers
P/FCF 0.3× · Cheaper than median
EV/EBITDA 6.2× · 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 26 · sector 19
FUTURE 0 · sector 4
PAST 4 · sector 15
HEALTH 59 · sector 95
DIVIDEND 39 · sector 41

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 Steel stocks, each showing price versus our Fair Value estimate (as of Jul 21, 2026).

Stock Price Fair Value vs Fair Value
Tata Steel Limited TTST $0.2010 $0.2000 -0%
JSW Steel Limited JSWSTEEL ₹1,227 ₹1,140 -7%
Baoshan Iron & Steel Co 600019 ¥5.89 ¥8.07 +37%
China Steel Corporation 2002A 38.55 TWD 8.74 TWD -77%
POSCO Holdings 005490 313,500 KRW 155,270 KRW -50%
Companhia Siderúrgica Nacional, SID 13,670 ARS 15,940 ARS +17%
Jindal Steel Limited JINDALSTEL ₹1,028 ₹545.12 -47%
Lloyds Metals and Energy Limited LLOYDSME ₹1,844 ₹1,098 -40%
Gerdau S.A GGBN 83.50 MXN 42.64 MXN -49%
Ternium S.A TXR 17,780 ARS 27,210 ARS +53%

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Frequently asked questions

Is Chun Yu Works & Co (2012) overvalued or undervalued?
As of Jul 21, 2026, our model estimates a fair value of 16.92 TWD versus a price of 15.25 TWD, about +11% (undervalued).
What is the fair value of 2012?
Our model-based fair value for Chun Yu Works & Co is 16.92 TWD (as of Jul 21, 2026), built from audited fundamentals. The current price is 15.25 TWD.
What is the quality score of 2012?
Chun Yu Works & Co has a Quality Score of 35/100. 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 Chun Yu Works & Co (2012)?
Chun Yu Works & Co reported trailing-twelve-month revenue of about 8.0B TWD (latest available figure, as of Jul 21, 2026).
What is the net profit margin of 2012?
The net profit margin of Chun Yu Works & Co is about -0.1%, meaning it is currently running at a net loss. Based on the latest reported figures.
Does Chun Yu Works & Co pay a dividend?
Chun Yu Works & Co currently shows a dividend yield of about 2.12% 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.

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