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Eastern Media International Corporation (2614) Fair Value & Analysis

Industrials · TW · Market cap 6.0B TWD

EM Eastern Media International Corporation 2614 · TW
Price18.20 TWD
Fair Value33.91 TWD
Upside+86.3%
Quality45/100
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Expensive Growth
Solidly profitable · 12.3% net margin
Moderate debt · negative free cash flow
Trails peers (4/14)
Narrow moat 42/100
Evidence: Medium Range 25.43 TWD – 42.39 TWD Share as image

Fair value as of: Jul 23, 2026

From 5 valuation models · updated 18 days ago

Below-average quality, screening 86% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (25.43 TWD). The market is more pessimistic than our downside scenario.
  • Solid quality (45/100) at a price below fair value, the discount is the argument here, not the business quality.
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Price vs Fair Value (5 years)

59.41 TWD 12.46 TWD Fair Value 33.91 TWD Jan 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 12.46 TWD – 59.41 TWD · fair‑value band 25.43 TWD – 42.39 TWD · the 18.20 TWD price screens below the 33.91 TWD fair value. Dashed = 300-day average. As of Jul 23, 2026.

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Analysis

Eastern Media International Corporation (2614) currently trades at 18.20 TWD, while our model-based Fair Value estimate is 33.91 TWD, implying the stock looks roughly 86.3% undervalued today. The Quality Score stands at 45/100 (below-average quality), in the Industrials 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, Eastern Media International Corporation generated revenue of 5.4B TWD at a net margin of 12.3%. Revenue declined 3.8% year over year. It earns a return on equity of 10.8%. Net debt stands at 9.8B TWD. Fundamentals as of Jul 23, 2026

Our scenario range runs from 25.43 TWD (bear case) to 42.39 TWD (bull case); at 18.20 TWD, the current price sits below 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 18% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -14% fair-value upside, at 86%, 2614 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
Residual Income 12.99 TWD 16.79 TWD 42.60 TWD 76
P/E Multiple 31.42 TWD 41.89 TWD 52.37 TWD 63
P/B Multiple 25.43 TWD 33.91 TWD 42.39 TWD 55
All 5 models by family
Earnings-Based
Graham-Dodd 13.57 TWD 18.22 TWD 21.05 TWD 54
Multiples
P/E Multiple 31.42 TWD 41.89 TWD 52.37 TWD 63
P/B Multiple 25.43 TWD 33.91 TWD 42.39 TWD 55
Asset-Based
NCAV (Graham) 6.57 TWD 8.80 TWD 13.13 TWD 50
Economic Profit
Residual Income 12.99 TWD 16.79 TWD 42.60 TWD 76

Widest divergence: Multiples (33.91 TWD) versus Asset-Based (8.80 TWD). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 5.4B TWD
Revenue growth (YoY) -3.8%
Net margin 12.3%
Return on equity 10.8%
Free cash flow −337M TWD FY2025
P/E ratio 9.7
More key figures
Operating margin 3.5%
EPS (TTM) 1.99 TWD
EPS growth (YoY) +15.4%
Net debt 9.8B TWD FY2025

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

Quality Score breakdown

Overall quality 45/100

Of which business quality 44 · Market factors (momentum, volatility) 51

Profitability 34
Margins and returns on capital today
Quality Growth 39
Are margins and returns improving?
Cashflow 50
Earnings quality: real cash, not paper profit
Fin. Strength 19
Balance sheet, leverage, solvency risk
Investment 37
Disciplined investing over empire-building
Low Volatility 83
Calm price path (market factor)
Momentum 36
Price trend over the last 3–12 months (market factor)
52W Momentum 41
Distance to the 52-week high (market factor)
Net Issuance 100
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

Eastern Media International Corporation, together with its subsidiaries, provides grain trading, cargo loading and unloading contracting, pier facility transfer, commodity trading, media advertising, and leisure and tourism-related businesses in Taiwan, Hong Kong, and the United States.

Full company description

Eastern Media International Corporation, together with its subsidiaries, provides grain trading, cargo loading and unloading contracting, pier facility transfer, commodity trading, media advertising, and leisure and tourism-related businesses in Taiwan, Hong Kong, and the United States. It operates through four segments: Warehousing Business Unit, Trading Business Unit, Media Business Unit, and Leisure and Tourism Business Unit. The Warehousing Business Unit provides ship cargo loading and unloading services and transfer of pier facilities. The Trading Business Unit is involved in the trading of commodities. The Media Business Unit offers advertising services and related program production. The Leisure and Tourism Business Unit is engaged in resort hotel and catering-related activities. The company also provides retail of pet food and supplies, pet grooming services, audiovisual singing and information leisure industry, and program production. In addition, it engages in land development; consumer goods development and sales; cross-strait trade platforms; multimedia shopping; and cosmetics, jewelry, and daily necessities. The company was formerly known as ET Internet Technology Corporation and changed its name to Eastern Media International Corporation in 2005. Eastern Media International Corporation was founded in 1975 and is headquartered in Taipei, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Eastern Media International Corporation reported revenue of 5.5B TWD in FY2025 versus 5.5B TWD in FY2021, a compound −0.2%/yr. Reported net income was 653M TWD in FY2025, compounding −3.3%/yr from FY2021.

Growth Quality 25/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
5.5B TWD
Latest YoY
−4.8%
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.
−2.7%
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.
+3.0%
Avg. growth/yr (25Y) 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.
+0.7%
Revenue −0.2%/yr
FY21 5.5B TWD
FY22 5.9B TWD
FY23 5.8B TWD
FY24 5.7B TWD
FY25 5.5B TWD
Net income −3.3%/yr
FY21 745M TWD
FY22 −1.8B TWD
FY23 −273M TWD
FY24 372M TWD
FY25 653M TWD

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Cite: Fair Value Calculator (2026). "Eastern Media International Corporation Fair Value". https://www.fairvalue-calculator.com/stock/2614

Peer Group

Conglomerates · 369 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 45 · Below median
Fair Value upside +86% · Top 25%
Return on equity (TTM) 11% · Above median
Return on assets 1% · Below median
Net margin (TTM) 12% · Top 25%
Operating margin (TTM) 3% · Below median
Revenue growth -4% · Below median
Dividend yield (TTM) 0.0% · Bottom 25%
Debt / equity 1.40× · Higher than 75% of peers

Valuation Multiples vs Conglomerates median · lower = cheaper

P/E (TTM) 9.2× · Cheaper than median
P/B 1.39× · Pricier than median
P/S (TTM) 1.10× · Pricier than median
EV/EBITDA 13.1× · Pricier than median
PEG 2.00× · 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 100 · sector 20
FUTURE 0 · sector 16
PAST 43 · sector 20
HEALTH 30 · sector 88
DIVIDEND 0 · sector 39

Insider activity: 45/100

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.

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Frequently asked questions

Is Eastern Media International Corporation (2614) overvalued or undervalued?
As of Jul 23, 2026, our model estimates a fair value of 33.91 TWD versus a price of 18.20 TWD, about +86% (undervalued).
What is the fair value of 2614?
Our model-based fair value for Eastern Media International Corporation is 33.91 TWD (as of Jul 23, 2026), built from audited fundamentals. The current price is 18.20 TWD.
What is the quality score of 2614?
Eastern Media International Corporation has a Quality Score of 45/100. 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 Eastern Media International Corporation (2614)?
Eastern Media International Corporation reported trailing-twelve-month revenue of about 5.4B TWD (latest available figure, as of Jul 23, 2026).
What is the net profit margin of 2614?
The net profit margin of Eastern Media International Corporation is about 12.3%, meaning it keeps roughly 12.3% 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.

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