Fu Burg Industrial Co Ltd (8929) fair value: what the stock is really worth
As of Oct 8, 2026: fair value of Fu Burg Industrial Co Ltd TWD 7.91, price TWD 12.75, upside -38.0%, quality 44 out of 100. 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 3, 2026.
How to read this chart
60‑month range 12.75 TWD – 35.05 TWD · fair‑value band 5.22 TWD – 9.89 TWD · the 12.75 TWD price screens above the 7.91 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Oct 3, 2026.
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Fu Burg Industrial Co., Ltd., together with its subsidiaries, manufactures and sells adult diapers in Taiwan. The company offers adult care products, including incontinence brief pants, pads, and personal cleansing wipes. It also provides baby care products, such as diapers, pants, and water wipes.
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Fu Burg Industrial Co., Ltd., together with its subsidiaries, manufactures and sells adult diapers in Taiwan. The company offers adult care products, including incontinence brief pants, pads, and personal cleansing wipes. It also provides baby care products, such as diapers, pants, and water wipes. In addition, the company offers female care products comprising menstrual pants, napkin, and tampon under the ANAN brand; incontinence lite pads; and wet wipes for women. Further, it provides face masks for skin care. It offers its products under the Feelfree, Tino, Medicos, Mori, ANAN, and Ancare brand names. Fu Burg Industrial Co., Ltd. was founded in 1977 and is based in Taipei, Taiwan.
Stock analysis
Fu Burg Industrial Co Ltd (8929) currently trades at 12.75 TWD, while our model-based Fair Value estimate is 7.91 TWD, 38.0% below the price, so the stock looks overvalued today.
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Valuation
How firm this estimate is: it rests on 1 models at a data quality of 93/100, which puts the evidence level at low.
Scenario range: 5.22 TWD (bear) to 9.89 TWD (bull), the price of 12.75 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 44/100 (below-average quality), in the Consumer Defensive sector.
Weak Growth: Revenue growth is weak: less than 2 % a year.
Fu Burg Industrial Co Ltd reported revenue of 720M TWD in FY2025 versus 879M TWD in FY2021, a compound −4.9%/yr. Reported net income was −22.9M TWD in FY2025.
Key figures
Market cap 645M TWD (≈ $20.2M) · P/E ratio 36.4 · P/S ratio 0.92 · EPS (TTM) 0.3500 TWD · Net margin −3.2% · Return on equity 2.2% · Return on assets (EBIT) −3.3% · Operating margin −15.3%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 32 out of 100 (low confidence).
What moves the price
The share trades about 30% below its 52-week high and at its 52-week low, currently below its 200-day average.
For context, the median of 10 Consumer Defensive peers we cover trades at −29% fair-value upside, at −38%, 8929 screens richer than that median.
Fair Value models
Bear 5.22 TWDFair Value 7.91 TWDBull 9.89 TWD
Price 12.75 TWD · Upside -38.0%
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 (0.2714 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.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.14/100
Revenue growth is weak: less than 2 % a year.
Revenue growth 1 year
−6.9%
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.
+1.1%
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.
−9.2%
Start year 2020 (pandemic)
Revenue growth 8 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.
−9.3%
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Profit margin (trend) ⓘ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.
4.4% (2020) → −5.8% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
Compare Fu Burg Industrial 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.Household & Personal Products · 237 stocks
Beats the industry median on 3/10 measures
Overall it trails its industry peers.
Valuation
Quality Score44 · Bottom 25%
Fair Value upside−38.0% · Bottom 25%
Profitability
Return on equity (TTM)2.2% · Below median
Return on assets−2.6% · Bottom 25%
Net margin (TTM)2.4% · Below median
Operating margin (TTM)−15.3% · Bottom 25%
Growth and dividend
Revenue growth3.8% · Above median
Valuation Multiplesvs Household & Personal Products median · lower = cheaper
P/E (TTM)36.4× · Priciest 25%
P/B0.81× · Cheaper than median
P/S (TTM)0.90× · Cheaper than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 30
FUTURE (revenue growth)19· sector 19
PAST (return on equity)9· sector 32
HEALTH (low debt)100· sector 98
DIVIDEND (yield)0· sector 56
VALUE 0: the price sits above our fair-value range.
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.
Cite: Fair Value Calculator (2026). "Fu Burg Industrial Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/8929
Frequently asked questions
Is Fu Burg Industrial Co Ltd (8929) overvalued or undervalued?
As of Oct 3, 2026, our model estimates a fair value of 7.91 TWD versus a price of 12.75 TWD, about −38% upside (overvalued).
What is the fair value of 8929?
Our model-based fair value for Fu Burg Industrial Co Ltd is 7.91 TWD (as of Oct 3, 2026), built from audited fundamentals. The current price: 12.75 TWD.
What is the quality score of 8929?
Fu Burg Industrial Co Ltd has a Quality Score of 44/100. 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 Fu Burg Industrial Co Ltd (8929)?
Our model-based price target is the fair value of 7.91 TWD (as of Oct 3, 2026) from 1 valuation models. Cautious scenario 5.22 TWD, optimistic scenario 9.89 TWD. It is a calculation from audited fundamentals, not an analyst target.
What is the Fu Burg Industrial Co Ltd stock forecast for 2026?
Our models put fair value at 7.91 TWD, about −38% upside versus a price of 12.75 TWD (overvalued). Cautious scenario 5.22 TWD, optimistic scenario 9.89 TWD. The calculation is refreshed regularly with new filings.
What is the revenue of Fu Burg Industrial Co Ltd (8929)?
Fu Burg Industrial Co Ltd reported trailing-twelve-month revenue of about 719M TWD (latest available figure, as of Oct 3, 2026).
What is the intrinsic value of Fu Burg Industrial Co Ltd (8929)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Fu Burg Industrial Co Ltd it is 7.91 TWD per share (as of Oct 3, 2026), against a price of 12.75 TWD. It is the blended result of 1 valuation models (cash flow, earnings, asset, dividend).
Is Fu Burg Industrial Co Ltd stock overvalued or undervalued in 2026?
As of Oct 3, 2026, 8929 trades above its calculated fair value: price 12.75 TWD, fair value 7.91 TWD, a gap of about −38% (overvalued). 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 8929?
No. The price is what the market pays today (12.75 TWD); the fair value is what the company's own numbers justify (7.91 TWD). For Fu Burg Industrial Co Ltd the two are 4.84 TWD per share apart. That gap is exactly why we show both numbers side by side.
How much is Fu Burg Industrial Co Ltd worth?
The market values Fu Burg Industrial Co Ltd at about 645M TWD (market capitalisation, as of Oct 3, 2026). Per share that is 12.75 TWD; our models calculate a fair value of 7.91 TWD per share.
What do the bullish and bearish scenarios say about 8929?
Our models span a range for Fu Burg Industrial Co Ltd: cautious scenario 5.22 TWD, base 7.91 TWD, optimistic 9.89 TWD per share (as of Oct 3, 2026, price 12.75 TWD). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 8929?
Fu Burg Industrial Co Ltd trades at a price-to-earnings ratio of 36.4 (as of Oct 3, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 7.91 TWD is built from several models across several years. Other multiples: P/B 0.8, P/S 0.9.
How solid is the balance sheet of Fu Burg Industrial Co Ltd (8929)?
Balance-sheet figures for Fu Burg Industrial Co Ltd (as of Oct 3, 2026): return on equity 2.2%. They feed the Quality Score of 44/100, which measures business quality independently of the share price.
How far is 8929 from its 52-week high?
Fu Burg Industrial Co Ltd trades at 12.75 TWD, about 30% below its 52-week high of 18.20 TWD and at the low of 12.75 TWD (as of Oct 8, 2026). Distance from the high says nothing about value: that is what the fair value of 7.91 TWD is for.
Which stocks are comparable to Fu Burg Industrial Co Ltd?
From the same area (Consumer Defensive) we also value Colgate-Palmolive Company, Hindustan Unilever Limited, Kenvue Inc, The Estée Lauder Companies Inc, 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 Fu Burg Industrial Co Ltd stock attractive at the current price?
The data as of Oct 3, 2026: price 12.75 TWD, calculated fair value 7.91 TWD (−38%), Quality Score 44/100, from 1 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 8929 calculated?
We run Fu Burg Industrial Co Ltd through 1 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 7.91 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 14.6 % above its aggregate fair value. Fu Burg Industrial Co Ltd itself currently trades above fair value. 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 Fu Burg Industrial Co Ltd (8929)?
The closing price on Oct 8, 2026 was 12.75 TWD. Our model-based fair value is 7.91 TWD, about −38% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Fu Burg Industrial Co Ltd right now?
The price sits above even our optimistic bull case (9.89 TWD). The favourable scenario is already priced in. Weak quality (44/100) and above fair value at the same time, the margin of safety is missing on both counts. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. A fairly wide model range (5.22 TWD to 9.89 TWD) leaves room in how you read the outcome.
Key figures of Fu Burg Industrial Co Ltd
How large is the market capitalisation of Fu Burg Industrial Co Ltd (8929)?
The market capitalisation of Fu Burg Industrial Co Ltd is 645M TWD (≈ $20.2M). 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 Fu Burg Industrial Co Ltd (8929)?
The price-to-sales ratio of Fu Burg Industrial Co Ltd is 0.92 (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 Fu Burg Industrial Co Ltd (8929)?
Earnings per share at Fu Burg Industrial Co Ltd are 0.3500 TWD (price ÷ EPS = P/E 36.4). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Fu Burg Industrial Co Ltd (8929)?
The net margin of Fu Burg Industrial Co Ltd is −3.2% (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 Fu Burg Industrial Co Ltd (8929)?
The return on equity (ROE) of Fu Burg Industrial Co Ltd is 2.2% (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 Fu Burg Industrial Co Ltd (8929)?
On an EBIT basis the return on assets of Fu Burg Industrial Co Ltd is −3.3% (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 Fu Burg Industrial Co Ltd (8929)?
The operating margin of Fu Burg Industrial Co Ltd is −15.3% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Fu Burg Industrial Co Ltd (8929)?
Revenue at Fu Burg Industrial Co Ltd is growing +3.8% versus a year earlier (3y avg +1.1%). 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 Fu Burg Industrial Co Ltd (8929)?
Earnings per share at Fu Burg Industrial Co Ltd are growing −71.7% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Fu Burg Industrial Co Ltd (8929) generate?
The free cash flow of Fu Burg Industrial Co Ltd is −48.0M 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 cash does Fu Burg Industrial Co Ltd (8929) hold?
Fu Burg Industrial Co Ltd holds more cash than debt, 233M TWD net (fiscal year 2023). The company holds more cash than debt, a safety cushion.
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