Paiho Shih Holdings Corp (8404) fair value: what the stock is really worth
As of Sep 24, 2026: fair value of Paiho Shih Holdings Corp TWD 16.50, price TWD 13.55, upside +21.8%, quality 32 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Watch Paiho Shih Holdings Corp for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.Watch for freePro now: $1 first month
Paiho Shih Holdings Corporation, through its subsidiaries, engages in the production and sale of touch fastener, webbing, elastic, and jacquard engineered mesh products in China and Vietnam. The company offers touch fastener, easy tapes, and adhesive tapes; and elastic series, including elastic-knitting, webbing-woven, and braided elastic drawcord series.
Show more
Paiho Shih Holdings Corporation, through its subsidiaries, engages in the production and sale of touch fastener, webbing, elastic, and jacquard engineered mesh products in China and Vietnam. The company offers touch fastener, easy tapes, and adhesive tapes; and elastic series, including elastic-knitting, webbing-woven, and braided elastic drawcord series. It also provides webbing-knitting and webbing-woven; drawcord products comprising knitted series, woven-knitted, and braided series; and knitted jacquard mesh and woven jacquard fabric. In addition, the company is involved in international investment and trade business; provision of commercial property management, planning consultation, sales, development, leasing, and design and decoration services; and production and sale of face masks and non-woven fabric products. Its products are used in clothing, shoes, medical, transportation, electronics, and home applications. The company was founded in 1995 and is headquartered in Changhua, Taiwan. Paiho Shih Holdings Corporation operates as a subsidiary of Paiho Int'l Limited.
Stock analysis
Paiho Shih Holdings Corp (8404) currently trades at 13.55 TWD, while our model-based Fair Value estimate is 16.50 TWD, implying the stock looks roughly 17.9% undervalued today.
Show more
Valuation
Bull case: the Growth Earnings group reads highest at a median of 28.67 TWD per share, and 10 of the 17 models we run sit above the 13.55 TWD price.
Bear case: the DCF Models group reads lowest at 8.25 TWD, and 7 of the 17 models stay below the price. Evidence for this calculation is low.
Scenario range: 13.15 TWD (bear) to 18.43 TWD (bull), the price of 13.55 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 32/100 (below-average quality), in the Consumer Cyclical sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Paiho Shih Holdings Corp reported revenue of 7.6B TWD in FY2025 versus 10.1B TWD in FY2021, a compound −7.0%/yr. Reported net income was 602M TWD in FY2025, compounding −16.7%/yr from FY2021.
Key figures
Market cap 7.2B TWD (≈ $227M) · P/E ratio 9.5 · P/S ratio 0.76 · EPS (TTM) 1.42 TWD · Dividend yield 3.7% · Net margin 7.9% · Return on equity 6.5% · Return on assets (EBIT) 6.5%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 38 out of 100 (low confidence).
What moves the price
The share trades about 52% below its 52-week high and at its 52-week low, currently below its 200-day average.
For context, the median of 10 Consumer Cyclical peers we cover trades at 49% fair-value upside, at 22%, 8404 screens richer than that median.
Fair Value models
Bear 13.15 TWDFair Value 16.50 TWDBull 18.43 TWD
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. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then (0.6755 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.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.26/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
+8.2%
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.
−2.1%
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.
+2.9%
Start year 2020 (pandemic). Over 10 years: +8.1% a year
Revenue growth 16 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.
+7.4%
’14
’15
’16
’17
’18
’19
’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.
+2.6%
Earnings growth per share plus dividend.
Earnings per share, growth per year−1.1%
Dividend (yield on the price)3.7%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.−1% vs 0%, steady
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.17% → 17%
Compare Paiho Shih Holdings Corp with another stock
Price, fair value, quality and upside side by side.
Free, no sign-up
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.Footwear & Accessories · 95 stocks
Beats the industry median on 10/13 measures
Overall it ranks above its industry peers.
Valuation
Quality Score32 · Bottom 25%
Fair Value upside+22% · Above median
Profitability
Return on equity (TTM)6% · Above median
Return on assets3% · Above median
Net margin (TTM)6% · Above median
Operating margin (TTM)10% · Above median
Growth and dividend
Revenue growth−2% · Above median
Dividend yield (TTM)3.7% · Above median
Balance sheet
Debt / equity0.56× · Highest 25%
Valuation Multiplesvs Footwear & Accessories 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 Paiho Shih Holdings Corp (8404) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of 16.50 TWD versus a price of 13.55 TWD, about +22% upside (undervalued).
What is the fair value of 8404?
Our model-based fair value for Paiho Shih Holdings Corp is 16.50 TWD (as of Sep 24, 2026), built from audited fundamentals. The current price: 13.55 TWD.
What is the quality score of 8404?
Paiho Shih Holdings Corp has a Quality Score of 32/100. 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 Paiho Shih Holdings Corp (8404)?
Our model-based price target is the fair value of 16.50 TWD (as of Sep 24, 2026) from 17 valuation models. Cautious scenario 13.15 TWD, optimistic scenario 18.43 TWD. It is a calculation from audited fundamentals, not an analyst target.
What is the Paiho Shih Holdings Corp stock forecast for 2026?
Our models put fair value at 16.50 TWD, about +22% upside versus a price of 13.55 TWD (undervalued). Cautious scenario 13.15 TWD, optimistic scenario 18.43 TWD. The calculation is refreshed regularly with new filings.
What is the revenue of Paiho Shih Holdings Corp (8404)?
Paiho Shih Holdings Corp reported trailing-twelve-month revenue of about 7.5B TWD (latest available figure, as of Sep 24, 2026).
Does Paiho Shih Holdings Corp pay a dividend?
Paiho Shih Holdings Corp currently shows a dividend yield of about 3.69% relative to its recent price (as of Sep 24, 2026).
What is the intrinsic value of Paiho Shih Holdings Corp (8404)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Paiho Shih Holdings Corp it is 16.50 TWD per share (as of Sep 24, 2026), against a price of 13.55 TWD. It is the blended result of 17 valuation models (cash flow, earnings, asset, dividend).
Is Paiho Shih Holdings Corp stock overvalued or undervalued in 2026?
As of Sep 24, 2026, 8404 trades below its calculated fair value: price 13.55 TWD, fair value 16.50 TWD, a gap of about +22% (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 8404?
No. The price is what the market pays today (13.55 TWD); the fair value is what the company's own numbers justify (16.50 TWD). For Paiho Shih Holdings Corp the two are 2.95 TWD per share apart. That gap is exactly why we show both numbers side by side.
How much is Paiho Shih Holdings Corp worth?
The market values Paiho Shih Holdings Corp at about 7.2B TWD (market capitalisation, as of Sep 24, 2026). Per share that is 13.55 TWD; our models calculate a fair value of 16.50 TWD per share.
What do the bullish and bearish scenarios say about 8404?
Our models span a range for Paiho Shih Holdings Corp: cautious scenario 13.15 TWD, base 16.50 TWD, optimistic 18.43 TWD per share (as of Sep 24, 2026, price 13.55 TWD). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 8404?
Paiho Shih Holdings Corp trades at a price-to-earnings ratio of 9.5 (as of Sep 24, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 16.50 TWD is built from several models across several years. Other multiples: P/B 1.0, P/S 1.0, EV/EBITDA 4.7.
How solid is the balance sheet of Paiho Shih Holdings Corp (8404)?
Balance-sheet figures for Paiho Shih Holdings Corp (as of Sep 24, 2026): return on equity 6.5%, debt of 0.56 per unit of equity. They feed the Quality Score of 32/100, which measures business quality independently of the share price.
How far is 8404 from its 52-week high?
Paiho Shih Holdings Corp trades at 13.55 TWD, about 52% below its 52-week high of 28.00 TWD and at the low of 13.55 TWD (as of Sep 24, 2026). Distance from the high says nothing about value: that is what the fair value of 16.50 TWD is for.
Which stocks are comparable to Paiho Shih Holdings Corp?
From the same area (Consumer Cyclical) we also value NIKE, Inc, Deckers Outdoor Corporation, On Holding, Zhejiang China Commodities City 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 Paiho Shih Holdings Corp stock attractive at the current price?
The data as of Sep 24, 2026: price 13.55 TWD, calculated fair value 16.50 TWD (+22%), Quality Score 32/100, from 17 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 8404 calculated?
We run Paiho Shih Holdings Corp through 17 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 16.50 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 14.0 % above its aggregate fair value. Paiho Shih Holdings Corp currently trades 22 % 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 Paiho Shih Holdings Corp (8404)?
The closing price on Sep 24, 2026 was 13.55 TWD. Our model-based fair value is 16.50 TWD, about +22% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Paiho Shih Holdings Corp right now?
Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual. The price sits in the lower half of our model range, the side with the larger margin of safety. Read the verdict with care: some models are missing inputs, so the estimate scatters more than usual.
Where does the earnings growth of Paiho Shih Holdings Corp (8404) come from?
Earnings per share at Paiho Shih Holdings Corp grew −1.2 % a year from 2014 to 2025. Broken into its drivers: revenue per share +5.8 %, EBIT margin −0.7 %, tax rate −0.6 %, residual (interest, one-offs) −5.4 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Paiho Shih Holdings Corp
How large is the market capitalisation of Paiho Shih Holdings Corp (8404)?
The market capitalisation of Paiho Shih Holdings Corp is 7.2B TWD (≈ $227M). 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 Paiho Shih Holdings Corp (8404)?
The price-to-sales ratio of Paiho Shih Holdings Corp is 0.76 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Paiho Shih Holdings Corp (8404)?
Earnings per share at Paiho Shih Holdings Corp are 1.42 TWD (price ÷ EPS = P/E 9.5). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Paiho Shih Holdings Corp (8404)?
The dividend yield of Paiho Shih Holdings Corp is 3.7% (payout 35.2%). 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 Paiho Shih Holdings Corp (8404)?
The net margin of Paiho Shih Holdings Corp is 7.9% (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 Paiho Shih Holdings Corp (8404)?
The return on equity (ROE) of Paiho Shih Holdings Corp is 6.5% (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 Paiho Shih Holdings Corp (8404)?
On an EBIT basis the return on assets of Paiho Shih Holdings Corp is 6.5% (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 Paiho Shih Holdings Corp (8404)?
The operating margin of Paiho Shih Holdings Corp is 10.5% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Paiho Shih Holdings Corp (8404)?
Revenue at Paiho Shih Holdings Corp is growing −1.9% versus a year earlier (3y avg −2.1%). 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 Paiho Shih Holdings Corp (8404)?
Earnings per share at Paiho Shih Holdings Corp are growing −66.7% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Paiho Shih Holdings Corp (8404) generate?
The free cash flow of Paiho Shih Holdings Corp is −368M 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 Paiho Shih Holdings Corp (8404) carry?
The net debt of Paiho Shih Holdings Corp is 8.5B 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.
Free · no account needed
Watch Paiho Shih Holdings Corp in the live analysis
One click puts Paiho Shih Holdings Corp on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
