Cashbox Partyworld Co. Ltd. (8359) fair value: what the stock is really worth
As of Oct 22, 2026: fair value (intrinsic value) of Cashbox Partyworld Co. Ltd. stock TWD 90.56, price TWD 54.40, upside +66.5%, quality 65 out of 100. Rating: strongly undervalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Oct 21, 2026.
How to read this chart
60‑month range 53.30 TWD – 87.60 TWD · fair‑value band 68.21 TWD – 111.05 TWD · the 54.40 TWD price screens below the 90.56 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Oct 21, 2026.
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Cashbox Partyworld Co., Ltd., together with its subsidiaries, engages in the provision of audio-visual equipment for singing in Taiwan. The company operates through the Singing Audio-Visual Equipment; Food Manufacturing and Wholesale; and Crop Cultivation segments.
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It is also involved in distribution and sales of audio-visual equipment and supplies; restaurant operations; food manufacturing and wholesale businesses; advertising business; agricultural crop cultivation and wholesale; and provision of management consulting for audio-visual singing.
The company was formerly known as Cashbox Consulting Co., Ltd. and changed its name to Cashbox Partyworld Co., Ltd. in September 2000. Cashbox Partyworld Co., Ltd. was founded in 1986 and is based in Taipei City, Taiwan.
Stock analysis
Cashbox Partyworld Co. Ltd. (8359) currently trades at 54.40 TWD, while our model-based Fair Value estimate is 90.56 TWD, implying the stock looks roughly 39.9% undervalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of 84.97 TWD per share, and 15 of the 24 models we run sit above the 54.40 TWD price.
Bear case: the Earnings-Based group reads lowest at 27.29 TWD, and 9 of the 24 models stay below the price. Data coverage for this calculation is high.
Scenario range: 68.21 TWD (bear) to 111.05 TWD (bull), the price of 54.40 TWD sits below 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 65/100 (solid quality), in the Consumer Cyclical sector.
Weak Growth: Revenue growth is weak: less than 2 % a year.
Cashbox Partyworld Co. Ltd. reported revenue of 3.3B TWD in FY2025 versus 2.1B TWD in FY2021, a compound +11.6%/yr. Reported net income was 559M TWD in FY2025, compounding +31.6%/yr from FY2021. FY2021 was a trough year, so the rate overstates the trend.
Key figures
Market cap 7.4B TWD (≈ $228M) Micro · P/E ratio 8.3 · P/S ratio 2.35 · EPS (TTM) 6.53 TWD · Dividend yield 9.2% · Net margin 21.8% · Return on equity 10.2% · Return on assets (EBIT) 6.9%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 59 out of 100 (low confidence).
What moves the price
The share trades about 21% 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 29% fair-value upside, at 66%, 8359 screens cheaper than that median.
Fair Value models
Bear68.21 TWDFair Value 90.56 TWDBull111.05 TWD
Price 54.40 TWD · Upside +66.5%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (1.24 TWD per share) are deliberately not added.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.Coverage ⓘCoverage = 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.40/100
Revenue growth is weak: less than 2 % a year.
Revenue growth 1 year
−8.1%
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.
+0.6%
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.
+0.2%
Start year 2020 (pandemic)
’20
’21
’22
’23
’24
’25
What shareholders gained per year (last 5 years), in TWD ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in TWD: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
+2.4%
Earnings growth per share plus dividend.
Earnings per share, growth per year−6.8%
Dividend (yield on the price)9.2%
Profit margin 2020 to 2025 ⓘ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.32% → 18%
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
−18.8%
The company could shrink this much every year for the next five years and today's price would still be justified.
What forecasts expect
n/a
No analyst forecast available.
After inflation (Taiwan: IMF forecast 1.6% a year to 2030, 1.5% from 2016 to 2025) that is about −20.1% a year for the price.
Compare Cashbox Partyworld 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.Leisure · 170 stocks
Beats the industry median on 11/13 measures
Overall it ranks above its industry peers.
Valuation
Quality Score65 · Top 25%
Fair Value upside+65.9% · Top 25%
Profitability
Return on equity (12 months)10.2% · Above median
Return on assets5.6% · Above median
Net margin (12 months)21.8% · Top 25%
Operating margin (12 months)15.1% · Above median
Growth and dividend
Revenue growth (quarter YoY)−6.9% · Bottom 25%
Dividend yield (12 months)9.2% · Top 25%
Valuation Multiplesvs Leisure 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.
Is Cashbox Partyworld Co. Ltd. (8359) overvalued or undervalued?
As of Oct 21, 2026, our model estimates a fair value of 90.56 TWD versus a price of 54.40 TWD, about +66% upside (undervalued).
What is the fair value of 8359?
Our model-based fair value for Cashbox Partyworld Co. Ltd. is 90.56 TWD (as of Oct 21, 2026), built from audited fundamentals. The current price: 54.40 TWD.
What is the quality score of 8359?
Cashbox Partyworld Co. Ltd. has a Quality Score of 65/100. 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 Cashbox Partyworld Co. Ltd. (8359)?
Our model-based price target is the fair value of 90.56 TWD (as of Oct 21, 2026) from 24 valuation models. Cautious scenario 68.21 TWD, optimistic scenario 111.05 TWD. It is a calculation from audited fundamentals, not an analyst target.
What is the Cashbox Partyworld Co. Ltd. stock forecast for 2026?
Our models put fair value at 90.56 TWD, about +66% upside versus a price of 54.40 TWD (undervalued). Cautious scenario 68.21 TWD, optimistic scenario 111.05 TWD. The calculation is refreshed regularly with new filings.
What is the revenue of Cashbox Partyworld Co. Ltd. (8359)?
Cashbox Partyworld Co. Ltd. reported trailing-twelve-month revenue of about 3.2B TWD (latest available figure, as of Oct 21, 2026).
Does Cashbox Partyworld Co. Ltd. pay a dividend?
Cashbox Partyworld Co. Ltd. currently shows a dividend yield of 9.19% relative to its recent price (as of Oct 21, 2026).
What growth is priced into Cashbox Partyworld Co. Ltd. (8359)?
For today's price to be fair in a discounted-cash-flow model, Cashbox Partyworld Co. Ltd. would have to grow free cash flow by -18.8 % per year for five years (discount rate 13.3 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +0.2 % per year. As of Oct 21, 2026.
What discount rate (WACC) does the fair value of 8359 use?
Our models discount Cashbox Partyworld Co. Ltd. at 13.3 %: a base by market capitalisation (micro), country premium for Taiwan. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Cashbox Partyworld Co. Ltd. that is -18.8 % per year a year over ten years, using the same discount rate (13.3 %) and the same formula as our fair value.
How much growth has Cashbox Partyworld Co. Ltd. (8359) delivered so far?
Over the past 5 years revenue at Cashbox Partyworld Co. Ltd. grew +0.2 % a year. The price currently implies -18.8 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Cashbox Partyworld Co. Ltd. (8359) growing?
The median revenue growth in the sector is +6.9 % a year. That is the yardstick for the growth priced into Cashbox Partyworld Co. Ltd. (-18.8 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Cashbox Partyworld Co. Ltd. (8359)?
The free-cash-flow yield on the price is 18.21 %: that much free cash flow Cashbox Partyworld Co. Ltd. produces per unit of market value. When it exceeds the discount rate of our models (13.3 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Cashbox Partyworld Co. Ltd. (8359)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Cashbox Partyworld Co. Ltd. it is 90.56 TWD per share (as of Oct 21, 2026), against a price of 54.40 TWD. It is the blended result of 24 valuation models (cash flow, earnings, asset, dividend).
Is Cashbox Partyworld Co. Ltd. stock overvalued or undervalued in 2026?
As of Oct 21, 2026, 8359 trades below its calculated fair value: price 54.40 TWD, fair value 90.56 TWD, a gap of about +66% (undervalued). 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 8359?
No. The price is what the market pays today (54.40 TWD); the fair value is what the company's own numbers justify (90.56 TWD). For Cashbox Partyworld Co. Ltd. the two are 36.16 TWD per share apart. That gap is exactly why we show both numbers side by side.
How much is Cashbox Partyworld Co. Ltd. worth?
The market values Cashbox Partyworld Co. Ltd. at about 7.4B TWD (market capitalisation, as of Oct 21, 2026). Per share that is 54.40 TWD; our models calculate a fair value of 90.56 TWD per share.
What do the bullish and bearish scenarios say about 8359?
Our models span a range for Cashbox Partyworld Co. Ltd.: cautious scenario 68.21 TWD, base 90.56 TWD, optimistic 111.05 TWD per share (as of Oct 21, 2026, price 54.40 TWD). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 8359?
Cashbox Partyworld Co. Ltd. trades at a price-to-earnings ratio of 8.3 (as of Oct 21, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 90.56 TWD is built from several models across several years. Other multiples: P/B 1.0, P/S 2.3, EV/EBITDA 8.8.
How solid is the balance sheet of Cashbox Partyworld Co. Ltd. (8359)?
Balance-sheet figures for Cashbox Partyworld Co. Ltd. (as of Oct 21, 2026): return on equity 10.2%. They feed the Quality Score of 65/100, which measures business quality independently of the share price.
How far is 8359 from its 52-week high?
Cashbox Partyworld Co. Ltd. trades at 54.40 TWD, about 21% below its 52-week high of 68.87 TWD and 2% above the low of 53.30 TWD (as of Oct 22, 2026). Distance from the high says nothing about value: that is what the fair value of 90.56 TWD is for.
Which stocks are comparable to Cashbox Partyworld Co. Ltd.?
From the same area (Consumer Cyclical) we also value Pop Mart International Group, Amer Sports, Inc, Hasbro, Inc, Life Time Group, 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 Cashbox Partyworld Co. Ltd. stock attractive at the current price?
The data as of Oct 21, 2026: price 54.40 TWD, calculated fair value 90.56 TWD (+66%), Quality Score 65/100, from 24 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 8359 calculated?
We run Cashbox Partyworld Co. Ltd. through 24 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 90.56 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 13.6 % above its aggregate fair value. Cashbox Partyworld Co. Ltd. currently trades 40 % below its own fair value, and the market average says nothing about that. 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 Cashbox Partyworld Co. Ltd. (8359)?
The closing price on Oct 22, 2026 was 54.40 TWD. Our model-based fair value is 90.56 TWD, about +66% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Cashbox Partyworld Co. Ltd. right now?
The price is below even our cautious bear case (68.21 TWD). The market is more pessimistic than our downside scenario. Solid quality (65/100) at a price below fair value, the discount is the argument here, not the business quality.
Key figures of Cashbox Partyworld Co. Ltd.
How large is the market capitalisation of Cashbox Partyworld Co. Ltd. (8359)?
The market capitalisation of Cashbox Partyworld Co. Ltd. is 7.4B TWD (≈ $228M). 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 Cashbox Partyworld Co. Ltd. (8359)?
The price-to-sales ratio of Cashbox Partyworld Co. Ltd. is 2.35 (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 Cashbox Partyworld Co. Ltd. (8359)?
Earnings per share at Cashbox Partyworld Co. Ltd. are 6.53 TWD (price ÷ EPS = P/E 8.3). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Cashbox Partyworld Co. Ltd. (8359)?
The dividend yield of Cashbox Partyworld Co. Ltd. is 9.2% (payout 76.6%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Cashbox Partyworld Co. Ltd. (8359)?
The net margin of Cashbox Partyworld Co. Ltd. is 21.8% (last twelve months). 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 Cashbox Partyworld Co. Ltd. (8359)?
The return on equity (ROE) of Cashbox Partyworld Co. Ltd. is 10.2% (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 Cashbox Partyworld Co. Ltd. (8359)?
On an EBIT basis the return on assets of Cashbox Partyworld Co. Ltd. is 6.9% (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 Cashbox Partyworld Co. Ltd. (8359)?
The operating margin of Cashbox Partyworld Co. Ltd. is 15.1% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Cashbox Partyworld Co. Ltd. (8359)?
Revenue at Cashbox Partyworld Co. Ltd. is growing −6.9% versus a year earlier (3y avg +0.6%). 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 Cashbox Partyworld Co. Ltd. (8359)?
Earnings per share at Cashbox Partyworld Co. Ltd. are growing +88.6% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Cashbox Partyworld Co. Ltd. (8359) carry?
The net debt of Cashbox Partyworld Co. Ltd. is 690M TWD (fiscal year 2023, ≈ 0.5 yrs of FCF). 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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Broad data
Oct 21, 2026