Gourmet Master Co (2723) Fair Value & Analysis
Consumer Cyclical · TW · Market cap 11.3B TWD
Fair value as of: Jul 23, 2026
From 14 valuation models · updated 18 days ago
Share price −6.0% over the past month.
A solid business, currently priced close to our fair value.
What matters now
- The price sits close to our fair value, market and models broadly agree here, little valuation tension.
- Our model range runs from 48.95 TWD (bear) to 82.73 TWD (bull), base 65.84 TWD. The closer the price sits to the lower half, the larger the margin of safety.
- Quality 53/100 (solid quality) with medium evidence: read the verdict with care.
Price vs Fair Value (5 years)
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 60.20 TWD – 173.49 TWD · fair‑value band 48.95 TWD – 82.73 TWD · the 62.90 TWD price screens below the 65.84 TWD fair value. Dashed = 300-day average. As of Jul 23, 2026.
Analysis
Gourmet Master Co (2723) currently trades at 62.90 TWD, while our model-based Fair Value estimate is 65.84 TWD, implying the stock looks roughly 4.7% fairly valued today. The Quality Score stands at 53/100 (solid quality), in the Consumer Cyclical 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, Gourmet Master Co generated revenue of 17.3B TWD at a net margin of -2.4%. Revenue declined 16.7% year over year. It earns a return on equity of -3.7%. Net debt stands at 309M TWD. Fundamentals as of Jul 23, 2026
Our scenario range runs from 48.95 TWD (bear case) to 82.73 TWD (bull case); at 62.90 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 27% below its 52-week high and 7% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -47% fair-value upside, at 5%, 2723 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.
All 14 models by family
Widest divergence: Multiples (85.45 TWD) versus Asset-Based (37.54 TWD). Highest evidence: Growth DCF (80).
Notify me when 2723 reaches fair value
Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Jul 23, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 53 · Market factors (momentum, volatility) 40
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
Gourmet Master Co. Ltd., together with its subsidiaries, operates and franchises chain stores in China, Taiwan, Hong Kong, the United States, and internationally. The company operates its cafes under the 85°C name, which includes beverages, pastries, bread, and other products.
Full company description
Gourmet Master Co. Ltd., together with its subsidiaries, operates and franchises chain stores in China, Taiwan, Hong Kong, the United States, and internationally. The company operates its cafes under the 85°C name, which includes beverages, pastries, bread, and other products. It also manufactures and sells bakery products; and wholesales groceries, beverages, and bakery machines. Gourmet Master Co. Ltd. was founded in 1997 and is based in Taichung City, Taiwan.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
Gourmet Master Co reported revenue of 18.1B TWD in FY2025 versus 19.9B TWD in FY2021, a compound −2.3%/yr. Reported net income was −444M TWD in FY2025.
of which total revenue −0.3 pp · buybacks/dilution +0.0 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).
Watch 2723: get an alert when its fair value changes →
Peer Group
Restaurants · 227 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.
Valuation Multiples vs Restaurants median · lower = cheaper
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.
Insider activity: 40/100
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more Restaurants stocks, each showing price versus our Fair Value estimate (as of Jul 23, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| McDonald's Corporation MCDS | C$24.01 | C$10.84 | -55% |
| Starbucks Corporation SBUX | $105.49 | $35.83 | -66% |
| Chipotle Mexican Grill, Inc CMG | $34.63 | $18.43 | -47% |
| Yum! Brands, Inc YUM | $163.54 | $59.66 | -64% |
| Restaurant Brands International Inc QSR | C$104.19 | C$36.37 | -65% |
| Darden Restaurants, Inc DRI | $195.74 | $173.68 | -11% |
| Yum China Holdings YUMC | $43.90 | $55.10 | +26% |
| Texas Roadhouse, Inc TXRH | $197.03 | $104.89 | -47% |
| Dutch Bros Inc BROS | $68.36 | $12.80 | -81% |
| Domino's Pizza, Inc DPZ | $322.18 | $231.96 | -28% |
Compare Gourmet Master Co with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Consumer Cyclical stocks →
Frequently asked questions
Is Gourmet Master Co (2723) overvalued or undervalued?
What is the fair value of 2723?
What is the quality score of 2723?
What is the revenue of Gourmet Master Co (2723)?
What is the net profit margin of 2723?
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.
Track Gourmet Master 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.