Shui-Mu International Co Ltd (8443) Fair Value & Analysis
Consumer Cyclical · TW · Market cap 762M TWD (≈ $24.1M) · ISIN TW0008443003
What is Shui-Mu International Co Ltd really worth?
A solid business, trading 10% below our fair value of 12.35 TWD.
As of Aug 24, 2026, the fair value of Shui-Mu International Co Ltd is 12.35 TWD per share against a price of 11.15 TWD, so the fair value sits 11% above the price. A model estimate blended from multiple valuation models, recalculated regularly.
Strengths
Risks
Fair value as of: Aug 24, 2026
From 13 valuation models · updated 13 days ago
Share price −2.6% over the past month.
What runs behind every stock
69 individual criteria per stock, every one traceable See the method →
What matters now
- A fairly wide model range (8.53 TWD to 16.17 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.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 24, 2026.
How to read this chart
60‑month range 9.97 TWD – 13.67 TWD · fair‑value band 8.53 TWD – 16.17 TWD · the 11.15 TWD price screens below the 12.35 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. Dashed = 300-day average. As of Aug 24, 2026.
Analysis
Shui-Mu International Co Ltd (8443) currently trades at 11.15 TWD, while our model-based Fair Value estimate is 12.35 TWD, implying the stock looks roughly 9.7% undervalued today. The Quality Score stands at 55/100 (solid quality), in the Consumer Cyclical sector. Bull case: the Growth DCF group reads highest at a median of 20.27 TWD per share, and 10 of the 13 models we run sit above the 11.15 TWD price. Bear case: the Dividend Discount group reads lowest at 1.68 TWD, and 3 of the 13 models stay below the price. Evidence for this calculation is low.
Over the trailing twelve months, Shui-Mu International Co Ltd generated revenue of 1.1B TWD at a net margin of −11.1%. Revenue declined 5.0% year over year. It earns a return on equity of −17.3%. Net debt stands at 196M TWD. Fundamentals as of Aug 24, 2026
Our scenario range runs from 8.53 TWD (bear case) to 16.17 TWD (bull case); at 11.15 TWD, the current price sits within 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 9% below its 52-week high and 3% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at 32% fair-value upside, at 11%, 8443 screens richer than that median.
Fair Value models
Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced 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. Every input is real reported data, nothing guessed.
All 13 models by family
Widest divergence: Growth DCF (20.27 TWD) versus Dividend Discount (1.68 TWD). Highest evidence: FCF DCF (80).
Notify me when 8443 reaches fair value
Put 8443 on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.
Set up alert →Free, no payment details. Unsubscribe anytime in one click.
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Aug 24, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 54 · Market factors (momentum, volatility) 52
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.
All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.
About the company
SHUI-MU International Co., Ltd. engages in the manufacture and retail of shoes and bags in Taiwan. The company sells socks and leather products. It also offers repair services. It operates approximately 107 stores. The company was founded in 1941 and is based in Taipei, Taiwan.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
Shui-Mu International Co Ltd reported revenue of 1.1B TWD in FY2025 versus 1.1B TWD in FY2021, a compound +0.8%/yr. Reported net income was −97.3M TWD in FY2025.
Watch 8443: get an alert when its fair value changes →
Peer Group
Footwear & Accessories · 93 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.
Valuation Multiples vs Footwear & Accessories median · lower = cheaper
Strength profile in five axes (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.
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Footwear & Accessories stocks, each showing price versus our Fair Value estimate (as of Aug 24, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| NIKE, Inc NKE | $38.44 | $35.63 | −7% |
| Deckers Outdoor Corporation DECK | $87.76 | $125.16 | +43% |
| On Holding ONON | $31.03 | $17.79 | −43% |
| Zhejiang China Commodities City Group 600415 | ¥12.61 | ¥13.03 | +3% |
| Birkenstock Holding BIRK | $33.95 | $44.93 | +32% |
| Crocs, Inc CROX | $122.23 | $203.65 | +67% |
| Huali Industrial Group 300979 | ¥34.24 | ¥51.36 | +50% |
| PUMA SE PUM | €25.63 | €10.57 | −59% |
| Steven Madden, Ltd SHOO | $47.70 | $11.69 | −75% |
| Yue Yuen Industrial (Holdings) Limited 0551 | HK$13.65 | HK$31.67 | +132% |
Compare Shui-Mu International Co Ltd with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Consumer Cyclical 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 Shui-Mu International Co Ltd (8443) overvalued or undervalued?
What is the fair value of 8443?
What is the quality score of 8443?
What is the price target for Shui-Mu International Co Ltd (8443)?
What is the Shui-Mu International Co Ltd stock forecast for 2026?
What is the revenue of Shui-Mu International Co Ltd (8443)?
What is the net profit margin of 8443?
Does Shui-Mu International Co Ltd pay a dividend?
Watch Shui-Mu International Co Ltd in the live analysis
One click puts Shui-Mu International 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.