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King Chou Marine Technology Co (4417) Fair Value & Analysis

Consumer Cyclical · TW · Market cap 3.6B TWD

KC King Chou Marine Technology Co 4417 · TWO
Price44.95 TWD
Fair Value116.51 TWD
Upside+159.2%
Quality77/100
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Healthy Growth
Solidly profitable · 14.5% net margin
Low debt · generates free cash flow
7.59% dividend yield
Ranks above peers (11/14)
Moderate moat 62/100
Evidence: Medium Range 87.01 TWD – 146.01 TWD Share as image

Fair value as of: Jul 23, 2026

From 23 valuation models · updated 18 days ago

Share price +0.9% over the past month.

A strong business, screening 159% undervalued on our models.

What matters now

  • The rarer combination: high quality (77/100) AND below fair value. That earns a closer look rather than a quick verdict.
  • The price is below even our cautious bear case (87.01 TWD). The market is more pessimistic than our downside scenario.
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Price vs Fair Value (5 years)

56.80 TWD 28.09 TWD Fair Value 116.51 TWD Mar 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 28.09 TWD – 56.80 TWD · fair‑value band 87.01 TWD – 146.01 TWD · the 44.95 TWD price screens below the 116.51 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.

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Analysis

King Chou Marine Technology Co (4417) currently trades at 44.95 TWD, while our model-based Fair Value estimate is 116.51 TWD, implying the stock looks roughly 159.2% undervalued today. The Quality Score stands at 77/100 (high 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, King Chou Marine Technology Co generated revenue of 3.4B TWD at a net margin of 14.5%. Revenue declined 15.9% year over year. It earns a return on equity of 13.9%. Net debt stands at 126M TWD. Fundamentals as of Jul 23, 2026

Our scenario range runs from 87.01 TWD (bear case) to 146.01 TWD (bull case); at 44.95 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 22% 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 -3% fair-value upside, at 159%, 4417 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 103.16 TWD 139.50 TWD 187.86 TWD 80
Residual Income 39.12 TWD 51.28 TWD 139.68 TWD 76
Rev-Margin DCF 66.45 TWD 87.83 TWD 111.87 TWD 74
All 23 models by family
DCF Models
FCF DCF 101.28 TWD 141.38 TWD 197.59 TWD 38
Owner Earnings 81.38 TWD 112.44 TWD 155.97 TWD 31
5Y Revenue Exit 66.45 TWD 86.46 TWD 110.44 TWD 39
5Y EBITDA Exit 94.72 TWD 137.66 TWD 185.99 TWD 41
5Y P/E Exit 101.75 TWD 150.40 TWD 199.62 TWD 38
10Y Revenue Exit 78.01 TWD 98.49 TWD 123.11 TWD 36
10Y EBITDA Exit 96.39 TWD 132.65 TWD 177.83 TWD 37
10Y P/E Exit 100.71 TWD 141.15 TWD 187.70 TWD 35
Earnings-Based
Graham-Dodd 41.71 TWD 109.64 TWD 143.15 TWD 54
PEG = 1.0 21.00 TWD 30.00 TWD 39.00 TWD 46
EPV 74.53 TWD 84.25 TWD 92.63 TWD 59
Multiples
P/E Multiple 101.22 TWD 134.95 TWD 168.69 TWD 63
P/S Multiple 37.41 TWD 49.88 TWD 62.35 TWD 58
P/B Multiple 78.21 TWD 104.28 TWD 130.35 TWD 55
EV/EBIT 123.98 TWD 160.97 TWD 197.97 TWD 53
EV/EBITDA 101.50 TWD 131.00 TWD 160.51 TWD 54
EV/Revenue 47.91 TWD 62.88 TWD 77.84 TWD 43
Asset-Based
NCAV (Graham) 19.13 TWD 25.63 TWD 38.25 TWD 50
Growth DCF
Growth DCF 103.16 TWD 139.50 TWD 187.86 TWD 80
Rev-Margin DCF 66.45 TWD 87.83 TWD 111.87 TWD 74
Economic Profit
Residual Income 39.12 TWD 51.28 TWD 139.68 TWD 76
ROIC Compounder 77.53 TWD 91.65 TWD 106.68 TWD 72
Growth Earnings
Growth-Adj P/E 78.89 TWD 112.71 TWD 146.52 TWD 68

Widest divergence: DCF Models (132.65 TWD) versus Asset-Based (25.63 TWD). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 3.4B TWD
Revenue growth (YoY) -15.9%
Net margin 14.5%
Return on equity 13.9%
Free cash flow 715M TWD FY2025
P/E ratio 7.6
More key figures
Operating margin 20.2%
EPS (TTM) 6.09 TWD
Dividend yield 7.1%
EPS growth (YoY) -27.1%
Net debt 126M TWD FY2024

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

Quality Score breakdown

Overall quality 77/100

Of which business quality 75 · Market factors (momentum, volatility) 51

Profitability 54
Margins and returns on capital today
Quality Growth 59
Are margins and returns improving?
Cashflow 81
Earnings quality: real cash, not paper profit
Fin. Strength 90
Balance sheet, leverage, solvency risk
Investment 84
Disciplined investing over empire-building
Low Volatility 92
Calm price path (market factor)
Momentum 37
Price trend over the last 3–12 months (market factor)
52W Momentum 27
Distance to the 52-week high (market factor)
Net Issuance 83
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

King Chou Marine Technology Co., Ltd. manufactures, processes, exports, and imports fishing nets, twines and ropes for the marine industries under the King Net brand name internationally.

Full company description

King Chou Marine Technology Co., Ltd. manufactures, processes, exports, and imports fishing nets, twines and ropes for the marine industries under the King Net brand name internationally. The company provides purse seine, trawl, Danish seine, gill and trammel, trap, and set nets; long line, twine, and rope products; marine hardware products, such as cable clamps, purse rings, snap rings, steel triangles, choker hooks, alloy galv, connecting links, strong C-rings, ring scoopers, splice needles, Samson splicing kits, chains, floats, swivels, and hooks; fish farming and cage nets; and other nets, such as safety, flower, camouflage, and melon nets. It offers a range of sports nets for soccer, volleyball, golf practice, baseball, and tennis. The company was formerly known as King Chou Fish Net Mfg. Co., Ltd. and changed its name to King Chou Marine Technology Co., Ltd. in July 2002. King Chou Marine Technology Co., Ltd. was founded in 1973 and is headquartered in Kaohsiung, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

King Chou Marine Technology Co reported revenue of 3.5B TWD in FY2025 versus 2.4B TWD in FY2021, a compound +10.1%/yr. Reported net income was 515M TWD in FY2025, compounding +18.4%/yr from FY2021.

Growth Quality 81/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
3.5B TWD
Latest YoY
+12.9%
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.
+2.2%
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.
+5.8%
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.
+2.5%
Revenue +10.1%/yr
FY21 2.4B TWD
FY22 3.3B TWD
FY23 2.9B TWD
FY24 3.1B TWD
FY25 3.5B TWD
Net income +18.4%/yr
FY21 262M TWD
FY22 403M TWD
FY23 310M TWD
FY24 371M TWD
FY25 515M TWD

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Cite: Fair Value Calculator (2026). "King Chou Marine Technology Co Fair Value". https://www.fairvalue-calculator.com/stock/4417

Peer Group

Textile Manufacturing · 307 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 77 · Top 25%
Fair Value upside +159% · Top 25%
Return on equity (TTM) 14% · Top 25%
Return on assets 8% · Top 25%
Net margin (TTM) 15% · Top 25%
Operating margin (TTM) 20% · Top 25%
Revenue growth -16% · Bottom 25%
Dividend yield (TTM) 7.6% · Top 25%
Debt / equity 0.01× · Lower than median

Valuation Multiples vs Textile Manufacturing median · lower = cheaper

P/E (TTM) 7.1× · Cheaper than 75% of peers
P/B 1.14× · Pricier than median
P/S (TTM) 1.09× · Pricier than median
P/FCF 0.2× · Cheaper than median
EV/EBITDA 3.2× · 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.

VALUE 100 · sector 7
FUTURE 0 · sector 0
PAST 56 · sector 15
HEALTH 100 · sector 95
DIVIDEND 100 · sector 34

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 Textile Manufacturing stocks, each showing price versus our Fair Value estimate (as of Jul 23, 2026).

Stock Price Fair Value vs Fair Value
Shenzhou International Group 2313 HK$44.40 HK$75.65 +70%
Tongkun Group 601233 ¥23.56 ¥14.53 -38%
Inner Mongolia ERDOS Resources Co 600295 ¥12.04 ¥14.35 +19%
Far Eastern New Century Corporation 1402 27.55 TWD 28.72 TWD +4%
K.P.R. Mill Limited KPRMILL ₹1,083 ₹467.49 -57%
HMT (Xiamen) New Technical Materials Co 603306 ¥78.00 ¥11.85 -85%
Zhejiang Orient Holdings 600120 ¥5.18 ¥2.21 -57%
Vardhman Textiles Limited VTL ₹602.20 ₹437.53 -27%
Isiklar Enerji ve Yapi Holding IEYHO 174.20 TRY 323.84 TRY +86%
Bros Eastern.,Ltd 601339 ¥8.08 ¥7.87 -3%

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Frequently asked questions

Is King Chou Marine Technology Co (4417) overvalued or undervalued?
As of Jul 23, 2026, our model estimates a fair value of 116.51 TWD versus a price of 44.95 TWD, about +159% (undervalued).
What is the fair value of 4417?
Our model-based fair value for King Chou Marine Technology Co is 116.51 TWD (as of Jul 23, 2026), built from audited fundamentals. The current price is 44.95 TWD.
What is the quality score of 4417?
King Chou Marine Technology Co has a Quality Score of 77/100. 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 King Chou Marine Technology Co (4417)?
King Chou Marine Technology Co reported trailing-twelve-month revenue of about 3.4B TWD (latest available figure, as of Jul 23, 2026).
What is the net profit margin of 4417?
The net profit margin of King Chou Marine Technology Co is about 14.5%, meaning it keeps roughly 14.5% of revenue as net income. Based on the latest reported figures.
Does King Chou Marine Technology Co pay a dividend?
King Chou Marine Technology Co currently shows a dividend yield of about 7.14% 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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