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Yem Chio Distribution Co (3171) Fair Value & Analysis

Consumer Cyclical · TW · Market cap 2.0B TWD

YC Yem Chio Distribution Co 3171 · TWO
Price63.90 TWD
Fair Value84.47 TWD
Upside+32.2%
Quality74/100
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Healthy Growth
Thin margins · 7.5% net margin
Low debt · generates free cash flow
6.45% dividend yield
Ranks above peers (11/14)
Moderate moat 59/100
Evidence: Medium Range 62.84 TWD – 105.77 TWD Share as image

Fair value as of: Jul 23, 2026

From 26 valuation models · updated 18 days ago

Share price −2.4% over the past month.

A solid business, screening 32% undervalued on our models.

What matters now

  • The rarer combination: high quality (74/100) AND below fair value. That earns a closer look rather than a quick verdict.
  • Our model range runs from 62.84 TWD (bear) to 105.77 TWD (bull), base 84.47 TWD. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 74/100 (solid quality) with medium evidence: read the verdict with care.
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Price vs Fair Value (5 years)

74.13 TWD 19.90 TWD Fair Value 84.47 TWD Feb 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 19.90 TWD – 74.13 TWD · fair‑value band 62.84 TWD – 105.77 TWD · the 63.90 TWD price screens below the 84.47 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 23, 2026.

Full chart & analysis →

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Analysis

Yem Chio Distribution Co (3171) currently trades at 63.90 TWD, while our model-based Fair Value estimate is 84.47 TWD, implying the stock looks roughly 32.2% undervalued today. The Quality Score stands at 74/100 (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, Yem Chio Distribution Co generated revenue of 2.2B TWD at a net margin of 7.5%. Revenue grew 77.6% year over year. It earns a return on equity of 26.1%. Net debt stands at 21.7M TWD. Fundamentals as of Jul 23, 2026

Our scenario range runs from 62.84 TWD (bear case) to 105.77 TWD (bull case); at 63.90 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 20% below its 52-week high and 69% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -22% fair-value upside, at 32%, 3171 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 54.21 TWD 77.16 TWD 108.54 TWD 80
Residual Income 26.70 TWD 33.12 TWD 66.71 TWD 76
Rev-Margin DCF 58.96 TWD 92.23 TWD 132.98 TWD 74
All 26 models by family
DCF Models
FCF DCF 54.44 TWD 79.52 TWD 115.52 TWD 38
Owner Earnings 61.94 TWD 91.20 TWD 133.20 TWD 31
5Y Revenue Exit 58.96 TWD 92.72 TWD 137.23 TWD 39
5Y EBITDA Exit 62.11 TWD 98.91 TWD 143.41 TWD 41
5Y P/E Exit 66.03 TWD 106.64 TWD 151.24 TWD 38
10Y Revenue Exit 55.07 TWD 84.22 TWD 126.13 TWD 36
10Y EBITDA Exit 58.41 TWD 88.25 TWD 130.65 TWD 37
10Y P/E Exit 60.75 TWD 93.30 TWD 136.38 TWD 35
Earnings-Based
Graham-Dodd 32.19 TWD 126.17 TWD 171.24 TWD 54
Lynch FV 31.08 TWD 44.40 TWD 57.72 TWD 50
PEG = 1.0 31.08 TWD 44.40 TWD 57.72 TWD 46
EPV 49.12 TWD 54.52 TWD 59.02 TWD 59
Dividend Discount
Gordon GGM 25.63 TWD 46.18 TWD 63.58 TWD 70
DDM Multi-Stage 25.63 TWD 42.19 TWD 49.34 TWD 61
Multiples
P/E Multiple 71.00 TWD 94.67 TWD 118.34 TWD 63
P/S Multiple 60.35 TWD 80.47 TWD 100.59 TWD 58
P/B Multiple 57.57 TWD 76.77 TWD 95.96 TWD 55
EV/EBIT 90.12 TWD 116.98 TWD 143.84 TWD 53
EV/EBITDA 73.42 TWD 94.71 TWD 116.01 TWD 54
EV/Revenue 63.85 TWD 87.13 TWD 110.41 TWD 43
Asset-Based
NCAV (Graham) 12.79 TWD 17.14 TWD 25.59 TWD 50
Growth DCF
Growth DCF 54.21 TWD 77.16 TWD 108.54 TWD 80
Rev-Margin DCF 58.96 TWD 92.23 TWD 132.98 TWD 74
Economic Profit
Residual Income 26.70 TWD 33.12 TWD 66.71 TWD 76
ROIC Compounder 52.42 TWD 62.40 TWD 73.56 TWD 72
Growth Earnings
Growth-Adj P/E 53.86 TWD 76.94 TWD 100.02 TWD 68

Widest divergence: DCF Models (91.20 TWD) versus Asset-Based (17.14 TWD). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 2.2B TWD
Revenue growth (YoY) +77.6%
Net margin 7.5%
Return on equity 26.1%
Free cash flow 135M TWD FY2025
P/E ratio 15.8
More key figures
Operating margin 10.2%
EPS (TTM) 4.14 TWD
Dividend yield 6.5%
EPS growth (YoY) +90.7%
Net debt 21.7M TWD FY2023

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

Quality Score breakdown

Overall quality 74/100

Of which business quality 71 · Market factors (momentum, volatility) 80

Profitability 64
Margins and returns on capital today
Quality Growth 49
Are margins and returns improving?
Cashflow 52
Earnings quality: real cash, not paper profit
Fin. Strength 85
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 75
Calm price path (market factor)
Momentum 80
Price trend over the last 3–12 months (market factor)
52W Momentum 87
Distance to the 52-week high (market factor)
Net Issuance 90
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

Yem Chio Distribution Co., Ltd., together with its subsidiaries, engages in the sale, import, and export of packaging materials in Taiwan, China, and internationally.

Full company description

Yem Chio Distribution Co., Ltd., together with its subsidiaries, engages in the sale, import, and export of packaging materials in Taiwan, China, and internationally. The company offers tape series, electronic packaging materials series, cushioning packaging materials series, plastic bag series, packaging machinery series, paper packaging series, and packaging materials series products, as well as consulting services. It also engages in the wholesale, import, and export of various wrapping materials, computer software, hardware, and peripherals; and sale of various adhesive products. The company was formerly known as Xin Chio Global Co., Ltd. and changed its name to Yem Chio Distribution Co., Ltd. in July 2024. Yem Chio Distribution Co., Ltd. is headquartered in Taipei, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Yem Chio Distribution Co reported revenue of 1.9B TWD in FY2025 versus 1.8B TWD in FY2021, a compound +1.0%/yr. Reported net income was 143M TWD in FY2025, compounding +9.0%/yr from FY2021.

Growth Quality 67/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
1.9B TWD
Latest YoY
+32.4%
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.
+4.6%
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.
+4.1%
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.
+11.9%
Revenue +1.0%/yr
FY21 1.8B TWD
FY22 1.7B TWD
FY23 1.4B TWD
FY24 1.4B TWD
FY25 1.9B TWD
Net income +9.0%/yr
FY21 101M TWD
FY22 113M TWD
FY23 131M TWD
FY24 111M TWD
FY25 143M TWD
Character of growth · EPS growth decomposed (2013-2023) +6.9 % p.a.
Revenue per share −0.6 pp

of which total revenue +4.2 pp · buybacks/dilution −4.8 pp

EBIT margin +6.7 pp
Tax rate +0.1 pp
Residual (interest, one-offs) +0.7 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). "Yem Chio Distribution Co Fair Value". https://www.fairvalue-calculator.com/stock/3171

Peer Group

Packaging & Containers · 272 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 74 · Top 25%
Fair Value upside +32% · Top 25%
Return on equity (TTM) 26% · Top 25%
Return on assets 9% · Top 25%
Net margin (TTM) 7% · Top 25%
Operating margin (TTM) 10% · Top 25%
Revenue growth 78% · Top 25%
Dividend yield (TTM) 6.5% · Top 25%
Debt / equity 0.04× · Lower than median

Valuation Multiples vs Packaging & Containers median · lower = cheaper

P/E (TTM) 15.8× · Cheaper than median
P/B 2.55× · Pricier than 75% of peers
P/S (TTM) 0.90× · Pricier than median
P/FCF 0.5× · Cheaper than median
EV/EBITDA 7.8× · 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 76 · sector 9
FUTURE 100 · sector 1
PAST 100 · sector 21
HEALTH 98 · sector 92
DIVIDEND 100 · sector 42

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.

Similar stocks

10 more Packaging & Containers stocks, each showing price versus our Fair Value estimate (as of Jul 23, 2026).

Stock Price Fair Value vs Fair Value
Stora Enso Oyj STER kr 101.90 kr 126.39 +24%
ShenZhen YUTO Packaging Technology Co 002831 ¥29.10 ¥20.88 -28%
SCG Packaging Public Company SCGP 29.00 THB 16.12 THB -44%
AblePrint Technology Co 7734 2,850 TWD 661.69 TWD -77%
PT Fajar Surya Wisesa Tbk, FASW 5,312 IDR 1,194 IDR -78%
Taiwan Hon Chuan Enterprise Co 9939 132.50 TWD 127.06 TWD -4%
Time Technoplast Limited TIMETECHNO ₹206.82 ₹161.42 -22%
EPL Limited 500135 ₹222.25 ₹111.65 -50%
Ton Yi Industrial Corp 9907 15.15 TWD 23.17 TWD +53%
Dongwon Systems Corporation 014820 19,330 KRW 31,473 KRW +63%

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Frequently asked questions

Is Yem Chio Distribution Co (3171) overvalued or undervalued?
As of Jul 23, 2026, our model estimates a fair value of 84.47 TWD versus a price of 63.90 TWD, about +32% (undervalued).
What is the fair value of 3171?
Our model-based fair value for Yem Chio Distribution Co is 84.47 TWD (as of Jul 23, 2026), built from audited fundamentals. The current price is 63.90 TWD.
What is the quality score of 3171?
Yem Chio Distribution Co has a Quality Score of 74/100. 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 Yem Chio Distribution Co (3171)?
Yem Chio Distribution Co reported trailing-twelve-month revenue of about 2.2B TWD (latest available figure, as of Jul 23, 2026).
What is the net profit margin of 3171?
The net profit margin of Yem Chio Distribution Co is about 7.5%, meaning it keeps roughly 7.5% of revenue as net income. Based on the latest reported figures.
Does Yem Chio Distribution Co pay a dividend?
Yem Chio Distribution Co currently shows a dividend yield of about 5.80% relative to its recent price (as of Jul 23, 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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