Shinih Enterprise Co (9944) Fair Value & Analysis

Consumer Cyclical · TW · Market cap 2.0B TWD

Below-average quality, and screening another 56% overvalued on our models.

What matters now

• The price sits above even our optimistic bull case (9.56 TWD). The favourable scenario is already priced in.
• Weak quality (43/100) and above fair value at the same time, the margin of safety is missing on both counts.

Price vs Fair Value (5 years)

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 14.70 TWD – 23.80 TWD · fair‑value band 5.76 TWD – 9.56 TWD · the 17.60 TWD price screens above the 7.66 TWD fair value. Dashed = 300-day average. As of Jul 21, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Shinih Enterprise Co (9944) currently trades at 17.60 TWD, while our model-based Fair Value estimate is 7.66 TWD, implying the stock looks roughly 56.5% overvalued today. The Quality Score stands at 43/100 (below-average quality), in the Consumer Cyclical sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: medium).

Over the trailing twelve months, Shinih Enterprise Co generated revenue of 2.3B TWD at a net margin of 0.2%. Revenue grew 11.8% year over year. It earns a return on equity of 0.7%. The balance sheet holds a net cash position of 5.5M TWD. Fundamentals as of Jul 21, 2026

Our scenario range runs from 5.76 TWD (bear case) to 9.56 TWD (bull case); at 17.60 TWD, the current price sits above 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 5% below its 52-week high and 10% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -27% fair-value upside, at -56%, 9944 screens richer 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.

Widest divergence: Asset-Based (21.37 TWD) versus Dividend Discount (2.51 TWD). Highest evidence: ROIC Compounder (72).

Key figures & financial health

Quality Score breakdown

About the company

Shinih Enterprise Co., Ltd., together with its subsidiaries, manufactures and sells non-woven products in Taiwan, China, the United States, and Southeast Asia.

Full company description

Shinih Enterprise Co., Ltd., together with its subsidiaries, manufactures and sells non-woven products in Taiwan, China, the United States, and Southeast Asia. The company offers functional insulation products, including standard battings, loose fill/down and ball type, stretch battings, and specialty functional for apparel, sleeping bags and equipment, gloves and accessories, footwear, beddings, and furniture applications under the THERMOLITE, CLOMAX, and SHINIH STANDARD brands. It also provides needle punch, melt blown, VFT, spunbond, air-through, spunlace, and other fabrics for automobile interior materials, filtration, vibration absorption, flame-retardant material, and geotextile applications. In addition, the company is involved in investing and trading activities; manufacturing and sales of textile machinery; and construction, sale, and leasing of residential and commercial buildings. Shinih Enterprise Co., Ltd. was founded in 1962 and is headquartered in Taoyuan City, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Shinih Enterprise Co reported revenue of 2.3B TWD in FY2025 versus 2.6B TWD in FY2021, a compound −3.6%/yr. Reported net income was −17.4M TWD in FY2025.

9944 screens 56% overvalued. Compare with Shenzhou International Group →

Peer Group

Textile Manufacturing · 307 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 Textile Manufacturing median · lower = cheaper

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 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Textile Manufacturing stocks, each showing price versus our Fair Value estimate (as of Jul 21, 2026).

Explore undervalued stocks

More undervalued Consumer Cyclical stocks →

Frequently asked questions

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.