Li Cheng Enterprise Co Ltd (4426) fair value: what the stock is really worth
As of Oct 8, 2026: fair value of Li Cheng Enterprise Co Ltd TWD 7.26, price TWD 7.60, upside -4.5%, quality 29 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Li Cheng Enterprise Co., Ltd. manufactures and sells spacer fabrics in Taiwan, Vietnam, China, and internationally. It offers polyester and nylon monofilaments; and other materials, such as PP and other products used in sport shoes, casual shoes, bags, hats, lingerie, apparel, mattress, sports/medical equipment, and car textiles fields.
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Li Cheng Enterprise Co., Ltd. manufactures and sells spacer fabrics in Taiwan, Vietnam, China, and internationally. It offers polyester and nylon monofilaments; and other materials, such as PP and other products used in sport shoes, casual shoes, bags, hats, lingerie, apparel, mattress, sports/medical equipment, and car textiles fields. Li Cheng Enterprise Co., Ltd. was formerly known as Li-Guan Enterprise Co., Ltd and changed its name to Li Cheng Enterprise Co., Ltd. in 2001. The company was founded in 1992 and is headquartered in Douliou City, Taiwan.
Stock analysis
Li Cheng Enterprise Co Ltd (4426) currently trades at 7.60 TWD, while our model-based Fair Value estimate is 7.26 TWD, so the stock looks roughly fairly valued today (gap 4.7%).
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Valuation
How firm this estimate is: it rests on 1 models at a data quality of 96/100, which puts the evidence level at low.
Scenario range: 5.42 TWD (bear) to 10.83 TWD (bull), the price of 7.60 TWD sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 29/100 (below-average quality), in the Consumer Cyclical sector.
Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.
Li Cheng Enterprise Co Ltd reported revenue of 881M TWD in FY2025 versus 643M TWD in FY2021, a compound +8.2%/yr. Reported net income was −508M TWD in FY2025.
Key figures
Market cap 1.3B TWD (≈ $41.4M) · P/S ratio 1.48 · EPS (TTM) −1.81 TWD · Net margin −57.6% · Return on equity −16.6% · Return on assets (EBIT) −5.0% · Operating margin −30.3% · Revenue (TTM) 881M TWD.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 27 out of 100 (low confidence).
What moves the price
The share trades about 25% below its 52-week high and 2% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Consumer Cyclical peers we cover trades at −11% fair-value upside, at −4%, 4426 screens cheaper than that median.
Fair Value models
Bear 5.42 TWDFair Value 7.26 TWDBull 10.83 TWD
Price 7.60 TWD · Upside -4.5%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single 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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.0/100
Revenue is shrinking: the last year, the last three and the last five years are all negative.
Revenue growth 1 year
−9.2%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
−14.3%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
−6.3%
Start year 2020 (pandemic). Over 10 years: −8.7% a year
Revenue growth 21 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+3.7%
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Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
−11.2% (2020) → −44.3% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
Compare Li Cheng Enterprise Co Ltd with another stock
Price, fair value, quality and upside side by side.
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Peer Groupⓘ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.Textile Manufacturing · 334 stocks
Beats the industry median on 2/8 measures
Overall it trails its industry peers.
Valuation
Quality Score29 · Bottom 25%
Fair Value upside−4.5% · Above median
Profitability
Return on assets−5.0% · Bottom 25%
Net margin (TTM)−35.6% · Bottom 25%
Operating margin (TTM)−30.3% · Bottom 25%
Growth and dividend
Revenue growth7.0% · Below median
Balance sheet
Debt / equity0.79× · Highest 25%
Valuation Multiplesvs Textile Manufacturing median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Li Cheng Enterprise Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/4426
Frequently asked questions
Is Li Cheng Enterprise Co Ltd (4426) overvalued or undervalued?
As of Oct 2, 2026, our model estimates a fair value of 7.26 TWD versus a price of 7.60 TWD, about −4% upside (fairly valued).
What is the fair value of 4426?
Our model-based fair value for Li Cheng Enterprise Co Ltd is 7.26 TWD (as of Oct 2, 2026), built from audited fundamentals. The current price: 7.60 TWD.
What is the quality score of 4426?
Li Cheng Enterprise Co Ltd has a Quality Score of 29/100. 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 price target for Li Cheng Enterprise Co Ltd (4426)?
Our model-based price target is the fair value of 7.26 TWD (as of Oct 2, 2026) from 1 valuation models. Cautious scenario 5.42 TWD, optimistic scenario 10.83 TWD. It is a calculation from audited fundamentals, not an analyst target.
What is the Li Cheng Enterprise Co Ltd stock forecast for 2026?
Our models put fair value at 7.26 TWD, about −4% upside versus a price of 7.60 TWD (fairly valued). Cautious scenario 5.42 TWD, optimistic scenario 10.83 TWD. The calculation is refreshed regularly with new filings.
What is the revenue of Li Cheng Enterprise Co Ltd (4426)?
Li Cheng Enterprise Co Ltd reported trailing-twelve-month revenue of about 881M TWD (latest available figure, as of Oct 2, 2026).
What is the intrinsic value of Li Cheng Enterprise Co Ltd (4426)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Li Cheng Enterprise Co Ltd it is 7.26 TWD per share (as of Oct 2, 2026), against a price of 7.60 TWD. It is the blended result of 1 valuation models (cash flow, earnings, asset, dividend).
Is Li Cheng Enterprise Co Ltd stock overvalued or undervalued in 2026?
As of Oct 2, 2026, 4426 trades above its calculated fair value: price 7.60 TWD, fair value 7.26 TWD, a gap of about −4% (fairly valued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 4426?
No. The price is what the market pays today (7.60 TWD); the fair value is what the company's own numbers justify (7.26 TWD). For Li Cheng Enterprise Co Ltd the two are 0.3400 TWD per share apart. That gap is exactly why we show both numbers side by side.
How much is Li Cheng Enterprise Co Ltd worth?
The market values Li Cheng Enterprise Co Ltd at about 1.3B TWD (market capitalisation, as of Oct 2, 2026). Per share that is 7.60 TWD; our models calculate a fair value of 7.26 TWD per share.
What do the bullish and bearish scenarios say about 4426?
Our models span a range for Li Cheng Enterprise Co Ltd: cautious scenario 5.42 TWD, base 7.26 TWD, optimistic 10.83 TWD per share (as of Oct 2, 2026, price 7.60 TWD). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Li Cheng Enterprise Co Ltd (4426)?
Balance-sheet figures for Li Cheng Enterprise Co Ltd (as of Oct 2, 2026): return on equity −16.6%, debt of 0.79 per unit of equity. They feed the Quality Score of 29/100, which measures business quality independently of the share price.
How far is 4426 from its 52-week high?
Li Cheng Enterprise Co Ltd trades at 7.60 TWD, about 25% below its 52-week high of 10.20 TWD and 2% above the low of 7.47 TWD (as of Oct 8, 2026). Distance from the high says nothing about value: that is what the fair value of 7.26 TWD is for.
Which stocks are comparable to Li Cheng Enterprise Co Ltd?
From the same area (Consumer Cyclical) we also value Tongkun Group, Shenzhou International Group, Inner Mongolia ERDOS Resources Co, Far Eastern New Century Corporation, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Li Cheng Enterprise Co Ltd stock attractive at the current price?
The data as of Oct 2, 2026: price 7.60 TWD, calculated fair value 7.26 TWD (−4%), Quality Score 29/100, from 1 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 4426 calculated?
We run Li Cheng Enterprise Co Ltd through 1 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of 7.26 TWD, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.5 % above its aggregate fair value. Li Cheng Enterprise Co Ltd itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Li Cheng Enterprise Co Ltd (4426)?
The closing price on Oct 8, 2026 was 7.60 TWD. Our model-based fair value is 7.26 TWD, about −4% upside (fairly valued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Li Cheng Enterprise Co Ltd right now?
The price sits close to our fair value, market and models broadly agree here, little valuation tension. A fairly wide model range (5.42 TWD to 10.83 TWD) leaves room in how you read the outcome. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
Key figures of Li Cheng Enterprise Co Ltd
How large is the market capitalisation of Li Cheng Enterprise Co Ltd (4426)?
The market capitalisation of Li Cheng Enterprise Co Ltd is 1.3B TWD (≈ $41.4M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Li Cheng Enterprise Co Ltd (4426)?
The price-to-sales ratio of Li Cheng Enterprise Co Ltd is 1.48 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Li Cheng Enterprise Co Ltd (4426)?
Earnings per share at Li Cheng Enterprise Co Ltd are −1.81 TWD. Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Li Cheng Enterprise Co Ltd (4426)?
The net margin of Li Cheng Enterprise Co Ltd is −57.6% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Li Cheng Enterprise Co Ltd (4426)?
The return on equity (ROE) of Li Cheng Enterprise Co Ltd is −16.6% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Li Cheng Enterprise Co Ltd (4426)?
On an EBIT basis the return on assets of Li Cheng Enterprise Co Ltd is −5.0% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Li Cheng Enterprise Co Ltd (4426)?
The operating margin of Li Cheng Enterprise Co Ltd is −30.3% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Li Cheng Enterprise Co Ltd (4426)?
Revenue at Li Cheng Enterprise Co Ltd is growing +7.0% versus a year earlier (3y avg −14.3%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Li Cheng Enterprise Co Ltd (4426)?
Earnings per share at Li Cheng Enterprise Co Ltd are growing −5.1% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Li Cheng Enterprise Co Ltd (4426) generate?
The free cash flow of Li Cheng Enterprise Co Ltd is −414M TWD (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Li Cheng Enterprise Co Ltd (4426) carry?
The net debt of Li Cheng Enterprise Co Ltd is 2.0B TWD (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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