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Regal Holding (4807) Fair Value & Analysis

Consumer Cyclical · TW · Market cap 1.9B TWD

RH Regal Holding 4807 · TW
Price32.55 TWD
Fair Value14.81 TWD
Upside-54.5%
Quality64/100
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Mixed Growth
Thin margins · 3.0% net margin
Low debt · generates free cash flow
Ranks above peers (7/11)
Narrow moat 42/100
Evidence: Medium Range 9.27 TWD – 14.81 TWD Share as image

Fair value as of: Jul 23, 2026

From 16 valuation models · updated 18 days ago

Share price −13.5% over the past month.

A solid business, but screening 55% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (14.81 TWD). The favourable scenario is already priced in.
  • Solid but not exceptional quality (64/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

45.00 TWD 14.25 TWD Fair Value 14.81 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 14.25 TWD – 45.00 TWD · fair‑value band 9.27 TWD – 14.81 TWD · the 32.55 TWD price screens above the 14.81 TWD fair value. Dashed = 300-day average. As of Jul 23, 2026.

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Analysis

Regal Holding (4807) currently trades at 32.55 TWD, while our model-based Fair Value estimate is 14.81 TWD, implying the stock looks roughly 54.5% overvalued today. The Quality Score stands at 64/100 (solid quality), in the Consumer Cyclical 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: medium).

Over the trailing twelve months, Regal Holding generated revenue of 2.2B TWD at a net margin of 3.0%. Revenue grew 17.0% year over year. It earns a return on equity of 7.1%. Net debt stands at 362M TWD. Fundamentals as of Jul 23, 2026

Our scenario range runs from 9.27 TWD (bear case) to 14.81 TWD (bull case); at 32.55 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 21% below its 52-week high and 129% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -41% fair-value upside, at -55%, 4807 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
Growth DCF 26.79 TWD 33.45 TWD 42.68 TWD 80
Rev-Margin DCF 15.02 TWD 18.23 TWD 22.24 TWD 74
ROIC Compounder 4.54 TWD 4.89 TWD 5.18 TWD 72
All 16 models by family
DCF Models
FCF DCF 26.22 TWD 33.30 TWD 43.76 TWD 38
Owner Earnings 3.68 TWD 4.18 TWD 4.91 TWD 31
5Y Revenue Exit 15.02 TWD 17.67 TWD 21.09 TWD 39
5Y EBITDA Exit 20.56 TWD 27.21 TWD 35.25 TWD 41
10Y Revenue Exit 19.57 TWD 22.55 TWD 25.63 TWD 36
10Y EBITDA Exit 22.82 TWD 28.34 TWD 34.48 TWD 37
Earnings-Based
EPV 4.54 TWD 4.89 TWD 5.18 TWD 59
Dividend Discount
Gordon GGM 2.74 TWD 3.54 TWD 4.27 TWD 70
DDM Multi-Stage 2.74 TWD 3.59 TWD 4.47 TWD 61
Multiples
EV/EBIT 9.60 TWD 12.15 TWD 14.69 TWD 53
EV/EBITDA 18.61 TWD 24.16 TWD 29.71 TWD 54
EV/Revenue 7.11 TWD 9.32 TWD 11.53 TWD 43
Asset-Based
NCAV (Graham) 7.92 TWD 10.61 TWD 15.83 TWD 50
Growth DCF
Growth DCF 26.79 TWD 33.45 TWD 42.68 TWD 80
Rev-Margin DCF 15.02 TWD 18.23 TWD 22.24 TWD 74
Economic Profit
ROIC Compounder 4.54 TWD 4.89 TWD 5.18 TWD 72

Widest divergence: DCF Models (22.55 TWD) versus Dividend Discount (3.54 TWD). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 2.2B TWD
Revenue growth (YoY) +17.0%
Net margin 3.0%
Return on equity 7.1%
Free cash flow 139M TWD FY2025
Operating margin 14.3%
More key figures
EPS (TTM) -0.2300 TWD
EPS growth (YoY) -46.6%
Net debt 362M TWD FY2025

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

Quality Score breakdown

Overall quality 64/100

Of which business quality 60 · Market factors (momentum, volatility) 77

Profitability 35
Margins and returns on capital today
Quality Growth 83
Are margins and returns improving?
Cashflow 49
Earnings quality: real cash, not paper profit
Fin. Strength 56
Balance sheet, leverage, solvency risk
Investment 99
Disciplined investing over empire-building
Low Volatility 39
Calm price path (market factor)
Momentum 100
Price trend over the last 3–12 months (market factor)
52W Momentum 79
Distance to the 52-week high (market factor)
Net Issuance 65
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

Regal Holding Co., Ltd. designs, manufactures, and sells jewelry in Thailand, the United States, France, the United Kingdom, Canada, Australia, and internationally. The company offers silvers, pendants, rings, wristbands, earrings, bracelets, necklaces, and accessories.

Full company description

Regal Holding Co., Ltd. designs, manufactures, and sells jewelry in Thailand, the United States, France, the United Kingdom, Canada, Australia, and internationally. The company offers silvers, pendants, rings, wristbands, earrings, bracelets, necklaces, and accessories. It is involved in the wholesale of diamonds; sale of precious metal jewelry; and international trading. The company was founded in 1989 and is based in Grand Cayman, the Cayman Islands.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Regal Holding reported revenue of 2.1B TWD in FY2025 versus 2.1B TWD in FY2021, a compound +0.5%/yr. Reported net income was −9.1M TWD in FY2025.

Growth Quality 52/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
2.1B TWD
Latest YoY
+19.6%
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.
+8.8%
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.
+3.8%
Avg. growth/yr (12Y) 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.
+3.4%
Revenue +0.5%/yr
FY21 2.1B TWD
FY22 1.7B TWD
FY23 1.1B TWD
FY24 1.8B TWD
FY25 2.1B TWD
Net income
FY21 127M TWD
FY22 32.5M TWD
FY23 −158M TWD
FY24 −59.7M TWD
FY25 −9.1M TWD

4807 screens 55% overvalued. Compare with Compagnie Financière Richemont SA →

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Cite: Fair Value Calculator (2026). "Regal Holding Fair Value". https://www.fairvalue-calculator.com/stock/4807

Peer Group

Luxury Goods · 130 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 64 · Top 25%
Fair Value upside −55% · Bottom 25%
Return on equity (TTM) 7% · Below median
Return on assets 4% · Below median
Net margin (TTM) 3% · Below median
Operating margin (TTM) 14% · Above median
Revenue growth 17% · Above median
Debt / equity 0.01× · Lower than median

Valuation Multiples vs Luxury Goods median · lower = cheaper

P/B 0.08× · Cheaper than 75% of peers
P/S (TTM) 0.03× · Cheaper than 75% of peers
P/FCF 0.4× · 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 0 · sector 15
FUTURE 85 · sector 50
PAST 28 · sector 38
HEALTH 99 · sector 99
DIVIDEND 0 · sector 39

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

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

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

Stock Price Fair Value vs Fair Value
Compagnie Financière Richemont SA CFR CHF 197.40 CHF 117.30 -41%
Christian Dior SE DIO €455.40 €502.30 +10%
Kering SA KER €248.50 €60.61 -76%
Tapestry, Inc TPR $140.73 $19.95 -86%
Chow Tai Fook Jewellery Group 1929 HK$11.82 HK$12.28 +4%
The Swatch Group UHRN CHF 40.95 CHF 21.48 -48%
Prada S.p.A 1913 HK$43.26 HK$64.05 +48%
Pandora A/S PNDORA kr 779.40 kr 1,424 +83%
Brunello Cucinelli S.p.A BC €80.32 €42.69 -47%
Kalyan Jewellers India Limited KALYANKJIL ₹546.60 ₹238.57 -56%

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Frequently asked questions

Is Regal Holding (4807) overvalued or undervalued?
As of Jul 23, 2026, our model estimates a fair value of 14.81 TWD versus a price of 32.55 TWD, about −55% (overvalued).
What is the fair value of 4807?
Our model-based fair value for Regal Holding is 14.81 TWD (as of Jul 23, 2026), built from audited fundamentals. The current price is 32.55 TWD.
What is the quality score of 4807?
Regal Holding has a Quality Score of 64/100. 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 Regal Holding (4807)?
Regal Holding 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 4807?
The net profit margin of Regal Holding is about 3.0%, meaning it keeps roughly 3.0% of revenue as net income. 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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