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Jiyuan Packaging Holdings (8488) Fair Value & Analysis

Consumer Cyclical · TW · Market cap 750M TWD

JP Jiyuan Packaging Holdings 8488 · TW
Price10.00 TWD
Fair Value19.06 TWD
Upside+90.6%
Quality42/100
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Mixed Growth
Loss-making · -4.2% net margin
Low debt · generates free cash flow
Mixed vs. peers (4/9)
Narrow moat 13/100
Evidence: Medium Range 16.15 TWD – 22.17 TWD Share as image

Fair value as of: Jul 21, 2026

From 13 valuation models · updated 20 days ago

Share price −0.5% over the past month.

Below-average quality, screening 91% undervalued on our models.

What matters now

  • The large discount to fair value meets weak quality (42/100). That raises the risk this is a value trap rather than a bargain.
  • The price is below even our cautious bear case (16.15 TWD). The market is more pessimistic than our downside scenario.
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Price vs Fair Value (5 years)

19.68 TWD 9.64 TWD Fair Value 19.06 TWD Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 21, 2026.

How to read this chart

60‑month range 9.64 TWD – 19.68 TWD · fair‑value band 16.15 TWD – 22.17 TWD · the 10.00 TWD price screens below the 19.06 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 21, 2026.

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Analysis

Jiyuan Packaging Holdings (8488) currently trades at 10.00 TWD, while our model-based Fair Value estimate is 19.06 TWD, implying the stock looks roughly 90.6% undervalued today. The Quality Score stands at 42/100 (below-average quality), in the Consumer Cyclical sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: medium), always confirm before acting.

Over the trailing twelve months, Jiyuan Packaging Holdings generated revenue of 3.4B TWD at a net margin of -4.2%. Revenue grew 55.6% year over year. It earns a return on equity of -5.8%. Net debt stands at 1.6B TWD. Fundamentals as of Jul 21, 2026

Our scenario range runs from 16.15 TWD (bear case) to 22.17 TWD (bull case); at 10.00 TWD, the current price sits below 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 18% below its 52-week high and 5% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -22% fair-value upside, at 91%, 8488 screens cheaper 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 15.95 TWD 18.33 TWD 22.02 TWD 80
Rev-Margin DCF 15.82 TWD 19.77 TWD 24.62 TWD 74
Gordon GGM 2.14 TWD 2.31 TWD 2.56 TWD 70
All 13 models by family
DCF Models
FCF DCF 15.68 TWD 18.19 TWD 22.41 TWD 38
Owner Earnings 9.77 TWD 10.49 TWD 11.69 TWD 31
5Y Revenue Exit 15.82 TWD 19.55 TWD 24.97 TWD 39
5Y EBITDA Exit 14.20 TWD 16.75 TWD 20.13 TWD 41
10Y Revenue Exit 15.50 TWD 18.08 TWD 20.82 TWD 36
10Y EBITDA Exit 14.80 TWD 16.50 TWD 18.23 TWD 37
Dividend Discount
Gordon GGM 2.14 TWD 2.31 TWD 2.56 TWD 70
DDM Multi-Stage 2.14 TWD 2.55 TWD 3.07 TWD 61
Multiples
EV/EBITDA 13.98 TWD 16.17 TWD 18.36 TWD 54
EV/Revenue 16.68 TWD 20.66 TWD 24.64 TWD 43
Asset-Based
NCAV (Graham) 15.97 TWD 21.39 TWD 31.93 TWD 50
Growth DCF
Growth DCF 15.95 TWD 18.33 TWD 22.02 TWD 80
Rev-Margin DCF 15.82 TWD 19.77 TWD 24.62 TWD 74

Widest divergence: Asset-Based (21.39 TWD) versus Dividend Discount (2.31 TWD). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 3.4B TWD
Revenue growth (YoY) +55.6%
Net margin -4.2%
Return on equity -5.8%
Free cash flow 74.9M TWD FY2025
Operating margin -1.9%
More key figures
EPS (TTM) -2.05 TWD
EPS growth (YoY) -40.0%
Net debt 1.6B TWD FY2025

Figures from reported company fundamentals · as of Jul 21, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 42/100

Of which business quality 42 · Market factors (momentum, volatility) 47

Profitability 10
Margins and returns on capital today
Quality Growth 22
Are margins and returns improving?
Cashflow 40
Earnings quality: real cash, not paper profit
Fin. Strength 39
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 87
Calm price path (market factor)
Momentum 36
Price trend over the last 3–12 months (market factor)
52W Momentum 20
Distance to the 52-week high (market factor)
Net Issuance 70
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

Jiyuan Packaging Holdings Limited, together with its subsidiaries, produces and sells tin cans and aluminum cans in Mainland China.

Full company description

Jiyuan Packaging Holdings Limited, together with its subsidiaries, produces and sells tin cans and aluminum cans in Mainland China. It is also involved in production, processing, and sale of various beverages and food; manufacturing of packaging and aluminum cans, lids, and boxes; and processing and production of plastic color-printing, as well as provides tinplate, paperware, and bottle ware. Jiyuan Packaging Holdings Limited was founded in 1993 and is based in Tainan City, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Jiyuan Packaging Holdings reported revenue of 3.1B TWD in FY2025 versus 4.1B TWD in FY2021, a compound −6.6%/yr. Reported net income was −151M TWD in FY2025.

Growth Quality 28/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
3.1B TWD
Latest YoY
−7.3%
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.
−7.8%
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.
+2.0%
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 −6.6%/yr
FY21 4.1B TWD
FY22 3.9B TWD
FY23 3.8B TWD
FY24 3.3B TWD
FY25 3.1B TWD
Net income
FY21 50.3M TWD
FY22 −68.3M TWD
FY23 −118M TWD
FY24 −28.6M TWD
FY25 −151M TWD

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Cite: Fair Value Calculator (2026). "Jiyuan Packaging Holdings Fair Value". https://www.fairvalue-calculator.com/stock/8488

Peer Group

Packaging & Containers · 272 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 42 · Below median
Fair Value upside +91% · Top 25%
Return on assets -1% · Bottom 25%
Net margin (TTM) -4% · Bottom 25%
Operating margin (TTM) -2% · Bottom 25%
Revenue growth 56% · Top 25%

Valuation Multiples vs Packaging & Containers median · lower = cheaper

P/FCF 0.3× · Cheaper than median

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 100 · sector 9
FUTURE 100 · sector 1
PAST 0 · sector 21
HEALTH 100 · sector 92
DIVIDEND 0 · sector 42

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 Packaging & Containers stocks, each showing price versus our Fair Value estimate (as of Jul 21, 2026).

Stock Price Fair Value vs Fair Value
Stora Enso Oyj STER kr 101.90 kr 126.39 +24%
ShenZhen YUTO Packaging Technology Co 002831 ¥29.10 ¥20.88 -28%
SCG Packaging Public Company SCGP 29.00 THB 16.12 THB -44%
AblePrint Technology Co 7734 2,850 TWD 661.69 TWD -77%
PT Fajar Surya Wisesa Tbk, FASW 5,312 IDR 1,194 IDR -78%
Taiwan Hon Chuan Enterprise Co 9939 132.50 TWD 127.06 TWD -4%
Time Technoplast Limited TIMETECHNO ₹206.82 ₹161.42 -22%
EPL Limited 500135 ₹222.25 ₹111.65 -50%
Ton Yi Industrial Corp 9907 15.15 TWD 23.17 TWD +53%
Dongwon Systems Corporation 014820 19,330 KRW 31,473 KRW +63%

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Frequently asked questions

Is Jiyuan Packaging Holdings (8488) overvalued or undervalued?
As of Jul 21, 2026, our model estimates a fair value of 19.06 TWD versus a price of 10.00 TWD, about +91% (undervalued).
What is the fair value of 8488?
Our model-based fair value for Jiyuan Packaging Holdings is 19.06 TWD (as of Jul 21, 2026), built from audited fundamentals. The current price is 10.00 TWD.
What is the quality score of 8488?
Jiyuan Packaging Holdings has a Quality Score of 42/100. 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 Jiyuan Packaging Holdings (8488)?
Jiyuan Packaging Holdings reported trailing-twelve-month revenue of about 3.4B TWD (latest available figure, as of Jul 21, 2026).
What is the net profit margin of 8488?
The net profit margin of Jiyuan Packaging Holdings is about -4.2%, meaning it is currently running at a net loss. 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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