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Arich Enterprise Co (4173) Fair Value & Analysis

Healthcare · TW · Market cap 1.3B TWD

AE Arich Enterprise Co 4173 · TWO
Price17.75 TWD
Fair Value24.44 TWD
Upside+37.7%
Quality51/100
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Expensive Growth
Thin margins · 4.9% net margin
Low debt · negative free cash flow
5.88% dividend yield
Ranks above peers (9/13)
Narrow moat 31/100
Evidence: High Range 18.33 TWD – 30.55 TWD Share as image

Fair value as of: Jul 21, 2026

From 15 valuation models · updated 20 days ago

Share price −1.9% over the past month.

A solid business, screening 38% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (18.33 TWD). The market is more pessimistic than our downside scenario.
  • Solid quality (51/100) 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)

27.40 TWD 15.58 TWD Fair Value 24.44 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 15.58 TWD – 27.40 TWD · fair‑value band 18.33 TWD – 30.55 TWD · the 17.75 TWD price screens below the 24.44 TWD fair value. Dashed = 300-day average. As of Jul 21, 2026.

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Analysis

Arich Enterprise Co (4173) currently trades at 17.75 TWD, while our model-based Fair Value estimate is 24.44 TWD, implying the stock looks roughly 37.7% undervalued today. The Quality Score stands at 51/100 (solid quality), in the Healthcare 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: high), always confirm before acting.

Over the trailing twelve months, Arich Enterprise Co generated revenue of 1.6B TWD at a net margin of 4.9%. Revenue grew 4.5% year over year. It earns a return on equity of 4.1%. The balance sheet holds a net cash position of 225M TWD. Fundamentals as of Jul 21, 2026

Our scenario range runs from 18.33 TWD (bear case) to 30.55 TWD (bull case); at 17.75 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 31% below its 52-week high, currently below its 200-day average. For context, the median of 10 Healthcare peers we cover trades at -15% fair-value upside, at 38%, 4173 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 19.05 TWD 18.54 TWD 15.73 TWD 76
ROIC Compounder 18.61 TWD 19.84 TWD 20.87 TWD 72
Growth-Adj P/E 13.24 TWD 18.91 TWD 24.59 TWD 68
All 15 models by family
DCF Models
Owner Earnings 28.99 TWD 39.42 TWD 54.18 TWD 31
Earnings-Based
Graham-Dodd 7.91 TWD 29.79 TWD 40.31 TWD 54
Lynch FV 7.20 TWD 10.29 TWD 13.37 TWD 50
PEG = 1.0 7.20 TWD 10.29 TWD 13.37 TWD 46
EPV 18.61 TWD 19.84 TWD 20.87 TWD 59
Multiples
P/E Multiple 18.33 TWD 24.44 TWD 30.55 TWD 63
P/S Multiple 14.84 TWD 19.79 TWD 24.73 TWD 58
P/B Multiple 14.84 TWD 19.79 TWD 24.73 TWD 55
EV/EBIT 27.24 TWD 33.14 TWD 39.04 TWD 53
EV/EBITDA 31.89 TWD 39.34 TWD 46.79 TWD 54
EV/Revenue 22.17 TWD 27.58 TWD 33.00 TWD 43
Asset-Based
NCAV (Graham) 13.49 TWD 18.07 TWD 26.97 TWD 50
Economic Profit
Residual Income 19.05 TWD 18.54 TWD 15.73 TWD 76
ROIC Compounder 18.61 TWD 19.84 TWD 20.87 TWD 72
Growth Earnings
Growth-Adj P/E 13.24 TWD 18.91 TWD 24.59 TWD 68

Widest divergence: DCF Models (39.42 TWD) versus Earnings-Based (10.29 TWD). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 1.6B TWD
Revenue growth (YoY) +4.5%
Net margin 4.9%
Return on equity 4.1%
Free cash flow −1.9B TWD FY2025
P/E ratio 15.9
More key figures
Operating margin 5.6%
EPS (TTM) 1.16 TWD
Dividend yield 5.9%
EPS growth (YoY) -32.3%
Net cash 225M TWD FY2023

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

Quality Score breakdown

Overall quality 51/100

Of which business quality 47 · Market factors (momentum, volatility) 40

Profitability 22
Margins and returns on capital today
Quality Growth 68
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 57
Balance sheet, leverage, solvency risk
Investment 93
Disciplined investing over empire-building
Low Volatility 98
Calm price path (market factor)
Momentum 21
Price trend over the last 3–12 months (market factor)
52W Momentum 5
Distance to the 52-week high (market factor)
Net Issuance 82
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

Arich Enterprise Co., Ltd. engages in the marketing, promotion, and distribution of pharmaceuticals in Taiwan. It offers sales promotion for pharmaceutical products; warehousing and logistics, and processing services.

Full company description

Arich Enterprise Co., Ltd. engages in the marketing, promotion, and distribution of pharmaceuticals in Taiwan. It offers sales promotion for pharmaceutical products; warehousing and logistics, and processing services. The company provides distribution and logistics services, including assists manufacturers with bidding processes; inventory management, order processing, invoicing, goods delivery, collection, customer complaint handling, and provides integrated pharmaceutical distribution services. In addition, it offers activities, such as hospital tender and bidding; pharmaceutical pricing negotiations; cold chain, clinical trial drug, and controlled drugs management; information, and financial flow. Arich Enterprise Co., Ltd. was founded in 1969 and is based in New Taipei City, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Arich Enterprise Co reported revenue of 1.5B TWD in FY2025 versus 946M TWD in FY2021, a compound +13.1%/yr. Reported net income was 86.8M TWD in FY2025, compounding +11.9%/yr from FY2021.

Growth Quality 35/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
1.5B TWD
Latest YoY
+19.2%
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.
+15.0%
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.
+4.3%
Avg. growth/yr (8Y) 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.
+3.2%
Revenue +13.1%/yr
FY21 946M TWD
FY22 1.0B TWD
FY23 1.1B TWD
FY24 1.3B TWD
FY25 1.5B TWD
Net income +11.9%/yr
FY21 55.3M TWD
FY22 62.6M TWD
FY23 76.5M TWD
FY24 93.9M TWD
FY25 86.8M TWD

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Cite: Fair Value Calculator (2026). "Arich Enterprise Co Fair Value". https://www.fairvalue-calculator.com/stock/4173

Peer Group

Pharmaceutical Retailers · 62 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 51 · Below median
Fair Value upside +38% · Top 25%
Return on equity (TTM) 4% · Below median
Return on assets 1% · Below median
Net margin (TTM) 5% · Top 25%
Operating margin (TTM) 6% · Top 25%
Revenue growth 5% · Above median
Dividend yield (TTM) 5.9% · Top 25%

Valuation Multiples vs Pharmaceutical Retailers median · lower = cheaper

P/E (TTM) 15.4× · Cheaper than 75% of peers
P/B 0.66× · Cheaper than 75% of peers
P/S (TTM) 0.85× · Pricier than median
EV/EBITDA 6.1× · 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 84 · sector 21
FUTURE 23 · sector 18
PAST 16 · sector 18
HEALTH 100 · sector 97
DIVIDEND 100 · sector 63

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

Stock Price Fair Value vs Fair Value
JD Health International Inc 6618 HK$39.20 HK$33.28 -15%
Raia Drogasil S.A RADL3 R$18.20 R$15.58 -14%
Yifeng Pharmacy Chain Co 603939 ¥23.43 ¥29.07 +24%
DaShenLin Pharmaceutical Group 603233 ¥18.23 ¥23.86 +31%
Corporativo Fragua, S.A. FRAGUAB 463.00 MXN 821.18 MXN +77%
LBX Pharmacy Chain Joint Stock Company 603883 ¥12.74 ¥10.57 -17%
MedPlus Health Services Limited MEDPLUS ₹690.20 ₹379.25 -45%
Yixintang Pharmaceutical Group 002727 ¥11.46 ¥9.45 -18%
Anhui Huaren Health Pharmaceutical Co 301408 ¥14.40 ¥10.05 -30%
Apotea AB APOTEA kr 74.75 kr 43.95 -41%

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Frequently asked questions

Is Arich Enterprise Co (4173) overvalued or undervalued?
As of Jul 21, 2026, our model estimates a fair value of 24.44 TWD versus a price of 17.75 TWD, about +38% (undervalued).
What is the fair value of 4173?
Our model-based fair value for Arich Enterprise Co is 24.44 TWD (as of Jul 21, 2026), built from audited fundamentals. The current price is 17.75 TWD.
What is the quality score of 4173?
Arich Enterprise Co has a Quality Score of 51/100. 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 Arich Enterprise Co (4173)?
Arich Enterprise Co reported trailing-twelve-month revenue of about 1.6B TWD (latest available figure, as of Jul 21, 2026).
What is the net profit margin of 4173?
The net profit margin of Arich Enterprise Co is about 4.9%, meaning it keeps roughly 4.9% of revenue as net income. Based on the latest reported figures.
Does Arich Enterprise Co pay a dividend?
Arich Enterprise Co currently shows a dividend yield of about 5.73% 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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