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Vigor Kobo Co Ltd (2733) Fair Value & Analysis

Consumer Defensive · TW · Market cap 264M TWD

VK Vigor Kobo Co Ltd 2733 · TWO
Price10.95 TWD
Fair Value1.46 TWD
Upside-86.7%
Quality48/100
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Risks

!Trades 87% ABOVE our fair value of 1.46 TWD
!Expensive Growth
!Loss-making · -14.7% net margin
!Low debt · negative free cash flow
Expensive Growth
Loss-making · -14.7% net margin
Low debt · negative free cash flow
Trails peers (3/10)
Narrow moat 12/100
Evidence: Low Range 1.37 TWD – 1.59 TWD Share as image

Fair value as of: Aug 13, 2026

From 3 valuation models · updated 7 days ago

Fair value updated Aug 13, 2026, revised from 1.55 TWD to 1.46 TWD (−5.8%) since Jul 23, 2026. Share price −2.2% over the past month.

Below-average quality, and screening another 87% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (1.59 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 (48/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

35.60 TWD 10.50 TWD Fair Value 1.46 TWD Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range 10.50 TWD – 35.60 TWD · fair‑value band 1.37 TWD – 1.59 TWD · the 10.95 TWD price screens above the 1.46 TWD fair value. Dashed = 300-day average. As of Aug 13, 2026.

Full chart & analysis →

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Analysis

Vigor Kobo Co Ltd (2733) currently trades at 10.95 TWD, while our model-based Fair Value estimate is 1.46 TWD, implying the stock looks roughly 86.7% overvalued today. The Quality Score stands at 48/100 (below-average quality), in the Consumer Defensive 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: low).

Over the trailing twelve months, Vigor Kobo Co Ltd generated revenue of 336M TWD at a net margin of -14.7%. Revenue declined 9.4% year over year. It earns a return on equity of -13.5%. Net debt stands at 103M TWD. Fundamentals as of Aug 13, 2026

Our scenario range runs from 1.37 TWD (bear case) to 1.59 TWD (bull case); at 10.95 TWD, the current price sits above 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 32% below its 52-week high and 6% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Defensive peers we cover trades at -37% fair-value upside, at -87%, 2733 screens richer 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
Gordon GGM 1.45 TWD 1.55 TWD 1.69 TWD 70
DDM Multi-Stage 1.45 TWD 1.68 TWD 1.96 TWD 61
NCAV (Graham) 7.07 TWD 9.48 TWD 14.15 TWD 50
All 3 models by family
Dividend Discount
Gordon GGM 1.45 TWD 1.55 TWD 1.69 TWD 70
DDM Multi-Stage 1.45 TWD 1.68 TWD 1.96 TWD 61
Asset-Based
NCAV (Graham) 7.07 TWD 9.48 TWD 14.15 TWD 50

Widest divergence: Asset-Based (9.48 TWD) versus Dividend Discount (1.55 TWD). Highest evidence: Gordon GGM (70).

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Key figures & financial health

Revenue (TTM) 336M TWD
Revenue growth (YoY) -9.4%
Net margin -14.7%
Return on equity -13.5%
Free cash flow −38.5M TWD FY2025
Operating margin -5.0%
More key figures
EPS (TTM) -2.05 TWD
Net debt 103M TWD FY2021

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 48/100

Of which business quality 47 · Market factors (momentum, volatility) 35

Profitability 21
Margins and returns on capital today
Quality Growth 51
Are margins and returns improving?
Cashflow 1
Earnings quality: real cash, not paper profit
Fin. Strength 66
Balance sheet, leverage, solvency risk
Investment 91
Disciplined investing over empire-building
Low Volatility 80
Calm price path (market factor)
Momentum 20
Price trend over the last 3–12 months (market factor)
52W Momentum 10
Distance to the 52-week high (market factor)
Net Issuance 86
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

Vigor Kobo Co.,Ltd. produces and sells various souvenir pastries, cakes, and handmade light snacks in Taiwan. It offers pineapple, taro paste and chestnut roast, mung bean, and sun cakes; almond nougat; and biscuits. The company also provides gift boxes. It offers its products through its stores, as well as online. Vigor Kobo Co.,Ltd.

Full company description

Vigor Kobo Co.,Ltd. produces and sells various souvenir pastries, cakes, and handmade light snacks in Taiwan. It offers pineapple, taro paste and chestnut roast, mung bean, and sun cakes; almond nougat; and biscuits. The company also provides gift boxes. It offers its products through its stores, as well as online. Vigor Kobo Co.,Ltd. was founded in 1992 and is headquartered in New Taipei City, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Vigor Kobo Co Ltd reported revenue of 336M TWD in FY2025 versus 139M TWD in FY2021, a compound +24.6%/yr. Reported net income was −49.2M TWD in FY2025.

Growth Quality 38/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
336M TWD
Latest YoY
−13.4%
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.
+18.0%
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.
+15.7%
Avg. growth/yr (14Y) 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.
−5.1%
Revenue +24.6%/yr
FY21 139M TWD
FY22 204M TWD
FY23 399M TWD
FY24 388M TWD
FY25 336M TWD
Net income
FY21 −197M TWD
FY22 −64.0M TWD
FY23 −39.2M TWD
FY24 −58.9M TWD
FY25 −49.2M TWD

2733 screens 87% overvalued. Compare with Chocoladefabriken Lindt & Sprüngli AG →

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Cite: Fair Value Calculator (2026). "Vigor Kobo Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/2733

Peer Group

Confectioners · 79 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 48 · Above median
Fair Value upside −87% · Bottom 25%
Return on assets -6% · Bottom 25%
Net margin (TTM) -15% · Bottom 25%
Operating margin (TTM) -5% · Bottom 25%
Revenue growth -9% · Below median
Dividend yield (TTM) 1.8% · Below median
Debt / equity 0.07× · Lower than median

Valuation Multiples vs Confectioners median · lower = cheaper

P/S (TTM) 0.03× · Cheaper than 75% of peers

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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 16
FUTURE0 · sector 0
PAST0 · sector 21
HEALTH97 · sector 92
DIVIDEND37 · sector 56

VALUE 0: the price sits above our fair-value range.

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

Similar stocks

10 more Confectioners stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Chocoladefabriken Lindt & Sprüngli AG LISN CHF 94,500 CHF 9,669 -90%
Mondelez International, Inc MDLZ $62.66 $27.36 -56%
The Hershey Company HSY $184.23 $91.25 -50%
Barry Callebaut AG BARN CHF 1,136 CHF 711.91 -37%
ORION Corp 271560 124,600 KRW 203,315 KRW +63%
Guangxi Yuegui Guangye Holdings 000833 ¥20.48 ¥9.09 -56%
Cloetta AB CLAB kr 54.85 kr 59.12 +8%
Balrampur Chini Mills Limited BALRAMCHIN ₹652.15 ₹318.59 -51%
PT Yupi Indo Jelly Gum Tbk YUPI 1,295 IDR 1,140 IDR -12%
ORION Holdings 001800 26,850 KRW 42,237 KRW +57%

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Frequently asked questions

Is Vigor Kobo Co Ltd (2733) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 1.46 TWD versus a price of 10.95 TWD, about −87% (overvalued).
What is the fair value of 2733?
Our model-based fair value for Vigor Kobo Co Ltd is 1.46 TWD (as of Aug 13, 2026), built from audited fundamentals. The current price: 10.95 TWD.
What is the quality score of 2733?
Vigor Kobo Co Ltd has a Quality Score of 48/100. 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 Vigor Kobo Co Ltd (2733)?
Vigor Kobo Co Ltd reported trailing-twelve-month revenue of about 336M TWD (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 2733?
The net profit margin of Vigor Kobo Co Ltd is about -14.7%, meaning it is currently running at a net loss. 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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