Cleanaway Co Ltd (8422) fair value: what the stock is really worth
As of Sep 24, 2026: fair value of Cleanaway Co Ltd TWD 15.18, price TWD 25.55, upside -40.6%, quality 42 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
- Fair value above price? No
- Good quality? No
- Add to watchlist
Cleanaway Co Ltd
8422 · TWWeakest SetupStrongly overvalued and low quality.
What runs behind every stock
69 individual criteria per stock, every one traceable See the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
60‑month range 20.90 TWD – 246.50 TWD · fair‑value band 8.08 TWD – 21.70 TWD · the 25.55 TWD price screens above the 15.18 TWD fair value. Dashed = 300-day average. As of Sep 24, 2026.
Every Wednesday you see whether Cleanaway Co is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Company profile
Cleanaway Company Limited operates as an intermediate treatment solidification company in the waste disposal process in Taiwan, Mainland China, Vietnam, Malaysia, and internationally.
Show more
Cleanaway Company Limited operates as an intermediate treatment solidification company in the waste disposal process in Taiwan, Mainland China, Vietnam, Malaysia, and internationally. It operates through eight segments: Solidification and Excavation Department, Landfill Department, Transportation Department, Mainland Business Department, Investment Department, Papermaking Department, Power Sales Department and Ready-Mixed Concrete Department. The company offers intermediate treatment for hazardous industrial waste and pollution; undertakes disposal site remediation projects; contaminated and illegal dump sites cleanup; landfill for hazardous industrial waste intermediate treatment products and general industrial waste; and waste removal services. It also manufactures and sells kraft paper, paper for electronic carriers, paper for paper tubes, and other types of paper products. In addition, the company offers solar power generation and renewable energy power sales; and manufacturing and sales of ready-mixed concrete. The company was formerly known as Cleanaway Kang Lien Co Ltd. and changed its name to Cleanaway Company Limited in May 2009. Cleanaway Company Limited was incorporated in 1999 and is headquartered in Kaohsiung, Taiwan.
Stock analysis
Cleanaway Co Ltd (8422) currently trades at 25.55 TWD, while our model-based Fair Value estimate is 15.18 TWD, implying the stock looks roughly 68.3% overvalued today.
Show more
Valuation
Bull case: the Growth Earnings group reads highest at a median of 23.01 TWD per share, and 1 of the 16 models we run sit above the 25.55 TWD price.
Bear case: the Asset-Based group reads lowest at 4.98 TWD, and 15 of the 16 models stay below the price. Evidence for this calculation is low.
Scenario range: 8.08 TWD (bear) to 21.70 TWD (bull), the price of 25.55 TWD sits above 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 42/100 (below-average quality), in the Industrials sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Cleanaway Co Ltd reported revenue of 4.8B TWD in FY2025 versus 3.0B TWD in FY2021, a compound +12.1%/yr. Reported net income was 1.5B TWD in FY2025, compounding +6.1%/yr from FY2021.
Key figures
Market cap 34.2B TWD (≈ $1.1B) · P/E ratio 23.0 · P/S ratio 7.03 · EPS (TTM) 1.11 TWD · Dividend yield 3.7% · Net margin 30.5% · Return on equity 13.0% · Return on assets (EBIT) 11.4%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 48 out of 100 (low confidence).
What moves the price
The share trades about 90% below its 52-week high and 22% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −18% fair-value upside, at −41%, 8422 screens richer than that median.
Fair Value models
All 16 models by family
Notify me when 8422 reaches fair value
Put 8422 on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.
Set up alert →Quality Score breakdown
Of which business quality 42 · Market factors (momentum, volatility) 25
Revenue & earnings trend
8422 screens 68% overvalued. Compare with Waste Management, Inc →
Compare Cleanaway Co Ltd with another stock
Price, fair value, quality and upside side by side.
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.Waste Management · 167 stocks
Valuation Multiplesvs Waste Management median · lower = cheaper
Strength profile in five axes (Snowflake)
VALUE 0: the price sits above our fair-value range.
Context: sector, industry, market
- Is the Industrials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Undervalued stocks: Industrials
- Undervalued stocks: Taiwanese Stocks
- Valuation of the Taiwan market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Waste Management stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Waste Management, Inc WM | $207.68 | $228.45 | +10% |
| Republic Services, Inc RSG | $213.88 | $128.02 | −40% |
| Waste Connections, Inc WCN | $155.42 | $170.96 | +10% |
| Veolia Environnement SA VIE | €31.56 | €24.17 | −23% |
| Clean Harbors, Inc CLH | $312.85 | $155.37 | −50% |
| GFL Environmental Inc GFL | $42.34 | $34.72 | −18% |
| Fomento de Construcciones y Contratas, S.A FCC | €10.72 | €7.30 | −32% |
| Umicore SA UMI | €21.70 | €25.28 | +16% |
| Casella Waste Systems, Inc CWST | $85.76 | $14.75 | −83% |
| GEM Co 002340 | ¥6.26 | ¥5.27 | −16% |
Explore undervalued stocks
More undervalued Industrials stocks →
Try a ready-made strategy
Pick a strategy and jump into the live analysis with that exact screen applied.
Discover tools
Frequently asked questions
Is Cleanaway Co Ltd (8422) overvalued or undervalued?
What is the fair value of 8422?
What is the quality score of 8422?
What is the price target for Cleanaway Co Ltd (8422)?
What is the Cleanaway Co Ltd stock forecast for 2026?
What is the revenue of Cleanaway Co Ltd (8422)?
Does Cleanaway Co Ltd pay a dividend?
What is the intrinsic value of Cleanaway Co Ltd (8422)?
Is Cleanaway Co Ltd stock overvalued or undervalued in 2026?
Is fair value the same as the market price of 8422?
How much is Cleanaway Co Ltd worth?
What do the bullish and bearish scenarios say about 8422?
What is the P/E ratio of 8422?
How solid is the balance sheet of Cleanaway Co Ltd (8422)?
How far is 8422 from its 52-week high?
Which stocks are comparable to Cleanaway Co Ltd?
Is Cleanaway Co Ltd stock attractive at the current price?
How is the fair value of 8422 calculated?
Is it still worth investing in stocks now?
What is the share price of Cleanaway Co Ltd (8422)?
What should I pay attention to with Cleanaway Co Ltd right now?
Where does the earnings growth of Cleanaway Co Ltd (8422) come from?
Key figures of Cleanaway Co Ltd
How large is the market capitalisation of Cleanaway Co Ltd (8422)?
What is the P/S ratio of Cleanaway Co Ltd (8422)?
What are the earnings per share of Cleanaway Co Ltd (8422)?
What is the dividend yield of Cleanaway Co Ltd (8422)?
What is the net margin of Cleanaway Co Ltd (8422)?
What is the return on equity of Cleanaway Co Ltd (8422)?
What is the EBIT return on assets of Cleanaway Co Ltd (8422)?
What is the operating margin of Cleanaway Co Ltd (8422)?
How fast is revenue growing at Cleanaway Co Ltd (8422)?
How fast are earnings growing at Cleanaway Co Ltd (8422)?
How much free cash flow does Cleanaway Co Ltd (8422) generate?
How much net debt does Cleanaway Co Ltd (8422) carry?
Watch Cleanaway Co Ltd in the live analysis
One click puts Cleanaway Co Ltd 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.
Watch for free →Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.