EN DE
Watch Tittot Company Limited for free: we tell you when fair value or trend changes.
Data-driven stock valuation

Tittot Company Limited (9949) fair value: what the stock is really worth

As of Nov 6, 2026: fair value (intrinsic value) of Tittot Company Limited stock TWD 28.25, price TWD 23.80, upside +18.7%, quality 60 out of 100. Rating: undervalued. Calculated from audited financials with 8 of our 26 valuation models and 37 quality factors, updated daily.

  1. Keep an eye on it?Free in your watchlist: 5 stocks without an account, 10 with one Yes, for free

Consumer Defensive TW

TC Tittot Company Limited logo Thin data Nov 3, 2026

Tittot Company Limited

9949 · TWO
Undervalued, in an uptrend

The stock costs 16% less than our calculation considers fair.

Fair value 28.25 TWD · Undervalued
Quality 60/100
Low debt
Costs just 3.9 times its yearly profit.
Loss over the last twelve months · -15.7% net margin (TTM) · fiscal year 2025 165.5%
9.2% dividend yield · Watch coverage
Mixed vs. peers (7/12)
Weak Growth (revenue 3y −12.8 %/yr in TWD)
Negative free cash flow
Narrow moat 35/100
Thin data
Watch Tittot Company Limited for free: we tell you when fair value or trend changes. Watch for free

What runs behind every stock

26 valuation models 8 families, DCF to NCAV 37 quality factors margins, balance sheet, cashflow, debt 6 AI factors moat, what no ratio measures 2,000+ data points verified, per stock, median

69 individual criteria per stock, every one traceable See the method →

Price vs Fair Value

36.70 TWD 9.83 TWD Fair Value 28.25 TWD Jun 2021 Nov 2026

White line = price, green steps = our fair value per fiscal year. As of Nov 3, 2026.

How to read this chart

60‑month range 9.83 TWD – 36.70 TWD · fair‑value band 24.81 TWD – 40.53 TWD · the 23.80 TWD price screens below the 28.25 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 3, 2026.

Follow Tittot Company in your weekly email

Every Wednesday you see whether Tittot Company 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.

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

Company profile

Tittot Company Limited, together with its subsidiaries, engages in the design, production, manufacture, and sale of crystal glass, plaster, wax, and other art products in Taiwan and China.

Show moreShow less

It operates through Crystal Glass - Project Business Division, Crystal Glass - Retail Business Division, Crystal Glass - Mainland Business Division, Crystal Glass - International Business Division, and Other segments. The company sells its products through its online store.

It also engages in the sale of books and videotapes; and art and cultural exhibition services; and general investment activities. Tittot Company Limited was founded in 1994 and is based in New Taipei City, Taiwan.

Stock analysis

Tittot Company Limited (9949) currently trades at 23.80 TWD, while our model-based Fair Value estimate is 28.25 TWD, implying the stock looks roughly 16% undervalued today.

Show more

Valuation

Bull case: the Growth Earnings group reads highest at a median of 86.22 TWD per share, and 6 of the 8 models we run sit above the 23.80 TWD price.

Bear case: the Asset-Based group reads lowest at 10.07 TWD, and 2 of the 8 models stay below the price. Data coverage for this calculation is low.

Scenario range: 24.81 TWD (bear) to 40.53 TWD (bull), the price of 23.80 TWD sits below 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 60/100 (solid quality), in the Consumer Defensive sector.

Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.

Tittot Company Limited reported revenue of 141M TWD in FY2025 versus 204M TWD in FY2021, a compound −8.8%/yr. Reported net income was 233M TWD in FY2025.

Key figures

Market cap 1.0B TWD (≈ $31.9M) Micro · P/E ratio 3.9 · P/S ratio 6.47 · EPS (TTM) 6.09 TWD · Dividend yield 9.2% · Return on equity −4.4% · Return on assets (EBIT) −8.2% (5-year average) · Operating margin −32.2%.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 35 out of 100 (medium confidence).

What moves the price

The share trades about 35% below its 52-week high and 24% above its 52-week low, currently below its 200-day average.

For context, the median of 10 Consumer Defensive peers we cover trades at −26% fair-value upside, at 19%, 9949 screens cheaper than that median.

Fair Value models

Bear 24.81 TWD Fair Value 28.25 TWD Bull 40.53 TWD
Price 23.80 TWD · Upside +18.7%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (3.34 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. Coverage ⓘCoverage = 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.
Best data coverage
Owner Earnings 51.18 TWD 66.28 TWD 92.34 TWD 74
Residual Income 24.81 TWD 28.21 TWD 40.53 TWD 67
Graham-Dodd 35.29 TWD 43.13 TWD 48.52 TWD 65
All 8 models by family
DCF Models
Owner Earnings 51.18 TWD 66.28 TWD 92.34 TWD 74
Earnings-Based
Graham-Dodd 35.29 TWD 43.13 TWD 48.52 TWD 65
Multiples
P/E Multiple 85.62 TWD 114.16 TWD 142.70 TWD 63
P/S Multiple 2.82 TWD 3.76 TWD 4.70 TWD 58
P/B Multiple 21.19 TWD 28.25 TWD 35.32 TWD 55
Asset-Based
NCAV (Graham) 6.65 TWD 10.07 TWD 12.59 TWD 54
Economic Profit
Residual Income 24.81 TWD 28.21 TWD 40.53 TWD 67
Growth Earnings
Growth-Adj P/E 60.35 TWD 86.22 TWD 112.09 TWD 65

Open the full fair value analysis →

Quality Score breakdown

Overall quality 60/100

It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.

Profitability 66
How much profit the company makes from its sales and capital
Quality Growth 70
Are margins and returns getting better?
Cashflow 0
Do the profits arrive as real cash?
Financial strength 100
Debt, balance sheet and risk of trouble
Investment 50
Does it invest with discipline instead of growing at any price?
Low Volatility 68
How calm the share price moves, does not count
Price momentum 52
Price momentum of the last 3 to 12 months, does not count
Near the 52-week high 46
Distance to the 52-week high, does not count
New shares 82
Buys back shares or issues new ones?

Open the full quality analysis →

Revenue & earnings trend

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 is shrinking: the last year, the last three and the last five years are all negative.
Revenue growth 1 year
−17.0%
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.
−12.8%
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.
−18.2% (2021) → −52.7% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: no profitable base year
not computed

Watch 9949, get fair value alerts →

Compare Tittot Company Limited with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

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 · 230 stocks

Beats the industry median on 6/10 measures
Overall it ranks above its industry peers.
Valuation
Quality Score 60 · Above median
Fair Value upside +18.7% · Above median
Profitability
Return on assets 34.5% · Top 25%
Net margin (12 months) −15.7% · Bottom 25%
Operating margin (12 months) −32.2% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY) 6.3% · Above median
Dividend yield (12 months) 9.2% · Top 25%

Valuation Multiplesvs Household & Personal Products median · lower = cheaper

P/E (12 months) 3.9× · Cheapest 25%
P/B 1.83× · Pricier than median
P/S (12 months) 7.06× · Priciest 25%

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)58 · sector 36
FUTURE (revenue growth)32 · sector 20
PAST (return on equity)0 · sector 31
HEALTH (low debt)100 · sector 98
DIVIDEND (yield)100 · sector 53

Context: sector, industry, market

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

Similar stocks

10 more Household & Personal Products stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value Compare
Godrej Consumer Products Limited GODREJCP ₹851.00 ₹1,146 +35% vs 9949
Puig Brands, S.A PUIG €19.84 €24.28 +22% vs 9949
Henkel AG HEN €74.85 €82.55 +10% vs 9949
Beiersdorf Aktiengesellschaft, BEI €85.26 €69.09 −19% vs 9949
The Clorox Company CLX $99.96 $74.29 −26% vs 9949
Church & Dwight Co CHD $109.33 $65.04 −41% vs 9949
Colgate-Palmolive Company CL $96.56 $56.16 −42% vs 9949
Marico Limited MARICO ₹897.75 ₹493.84 −45% vs 9949
The Estée Lauder Companies Inc EL $110.06 $44.21 −60% vs 9949
Hindustan Unilever Limited HINDUNILVR ₹1,998 ₹775.25 −61% vs 9949

Explore undervalued stocks

More undervalued Consumer Defensive stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued High-Quality StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend StocksUndervalued 52-Week Low Stocks

Try a ready-made strategy

Pick a strategy and jump into the live analysis with that exact screen applied.

🥇 Backtested Best 🏆 Big Names 💎 Quality on Sale 🚀 Profitable Growth 🧊 Quality Compounders 💵 Dividend Stars 📈 Strong Momentum 📉 Fallen Angels ⚖️ Deeply Undervalued 🔍 Small-Cap Gems 🏰 Moat at a Fair Price 💼 Insider Buying 🎩 Buffett-Style Quality 📚 Peter Lynch GARP 🧮 Greenblatt Magic Formula 🛡️ Graham Defensive

Discover tools

Stock screenerFilter by region, size and sector Compare toolTwo stocks side by side Extrinsic Value Calculator…Free calculator Peter Lynch Fair Value Formula &…Free calculator
Run the numbers yourself: free valuation calculators
DCF CalculatorP/E Ratio CalculatorPEG Ratio CalculatorGraham NumberPeter Lynch FormulaDDM CalculatorIntrinsic ValueIntrinsic vs Extrinsic ValueP/E Ratio by Sector
For bloggers & editors: embed code + live data

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.

Tittot Company Limited: fair value per Fair Value Calculator

Cite: Fair Value Calculator (2026). "Tittot Company Limited Fair Value". https://www.fairvalue-calculator.com/stock/9949

Frequently asked questions

Is Tittot Company Limited (9949) overvalued or undervalued?
As of Nov 3, 2026, our model estimates a fair value of 28.25 TWD versus a price of 23.80 TWD, about +19% upside (undervalued).
What is the fair value of 9949?
Our model-based fair value for Tittot Company Limited is 28.25 TWD (as of Nov 3, 2026), built from audited fundamentals. The current price: 23.80 TWD.
What is the quality score of 9949?
Tittot Company Limited has a Quality Score of 60/100. 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 Tittot Company Limited (9949)?
Our model-based price target is the fair value of 28.25 TWD (as of Nov 3, 2026) from 8 valuation models. Cautious scenario 24.81 TWD, optimistic scenario 40.53 TWD. It is a calculation from audited fundamentals, not an analyst target.
What is the Tittot Company Limited stock forecast for 2026?
Our models put fair value at 28.25 TWD, about +19% upside versus a price of 23.80 TWD (undervalued). Cautious scenario 24.81 TWD, optimistic scenario 40.53 TWD. The calculation is refreshed regularly with new filings.
What is the revenue of Tittot Company Limited (9949)?
Tittot Company Limited reported trailing-twelve-month revenue of about 148M TWD (latest available figure, as of Nov 3, 2026).
Does Tittot Company Limited pay a dividend?
Tittot Company Limited currently shows a dividend yield of 9.24% relative to its recent price (as of Nov 3, 2026).
How much is the dividend of Tittot Company Limited (9949) and when is the ex-dividend date?
Tittot Company Limited pays a dividend of 2.20 TWD per share a year, a dividend yield of 9.2%. The last ex-dividend date was Mar 26, 2026. The payout ratio is 36.1% of earnings. Our assessment: Watch coverage. The dividend isn’t fully covered by free cash flow or earnings, part of it is funded from reserves or debt. Fine for now, but worth watching: if it stays uncovered, the dividend could be cut.
What is the intrinsic value of Tittot Company Limited (9949)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Tittot Company Limited it is 28.25 TWD per share (as of Nov 3, 2026), against a price of 23.80 TWD. It is the blended result of 8 valuation models in 6 families (DCF Models, Earnings-Based, Multiples, Asset-Based, Economic Profit, Growth Earnings).
Is Tittot Company Limited stock overvalued or undervalued in 2026?
As of Nov 3, 2026, 9949 trades below its calculated fair value: price 23.80 TWD, fair value 28.25 TWD, a gap of about +19% (undervalued). 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 9949?
No. The price is what the market pays today (23.80 TWD); the fair value is what the company's own numbers justify (28.25 TWD). For Tittot Company Limited the two are 4.45 TWD per share apart. That gap is exactly why we show both numbers side by side.
How much is Tittot Company Limited worth?
The market values Tittot Company Limited at about 1.0B TWD (market capitalisation, as of Nov 3, 2026). Per share that is 23.80 TWD; our models calculate a fair value of 28.25 TWD per share.
What do the bullish and bearish scenarios say about 9949?
Our models span a range for Tittot Company Limited: cautious scenario 24.81 TWD, base 28.25 TWD, optimistic 40.53 TWD per share (as of Nov 3, 2026, price 23.80 TWD). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 9949?
Tittot Company Limited trades at a price-to-earnings ratio of 3.9 (as of Nov 3, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 28.25 TWD is built from several models across several years. Other multiples: P/B 1.8, P/S 7.1.
How solid is the balance sheet of Tittot Company Limited (9949)?
Balance-sheet figures for Tittot Company Limited (as of Nov 3, 2026): return on equity −4.4%. They feed the Quality Score of 60/100, which measures business quality independently of the share price.
How far is 9949 from its 52-week high?
Tittot Company Limited trades at 23.80 TWD, about 35% below its 52-week high of 36.70 TWD and 24% above the low of 19.21 TWD (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 28.25 TWD is for.
Which stocks are comparable to Tittot Company Limited?
From the same area (Consumer Defensive) we also value Colgate-Palmolive Company, Hindustan Unilever Limited, The Estée Lauder Companies Inc, Henkel AG, 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 Tittot Company Limited stock attractive at the current price?
The data as of Nov 3, 2026: price 23.80 TWD, calculated fair value 28.25 TWD (+19%), Quality Score 60/100, from 8 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 9949 calculated?
We run Tittot Company Limited through 8 models from 6 families: DCF Models, Earnings-Based, Multiples, Asset-Based, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of 28.25 TWD builds on their evidence-weighted average, 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 13.3% above its aggregate fair value. Tittot Company Limited currently trades 16% below its own fair value, and the market average says nothing about that. 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 Tittot Company Limited (9949)?
The closing price on Nov 6, 2026 was 23.80 TWD. Our model-based fair value is 28.25 TWD, about +19% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Tittot Company Limited right now?
The price is below even our cautious bear case (24.81 TWD). The market is more pessimistic than our downside scenario. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.

Key figures of Tittot Company Limited

How large is the market capitalisation of Tittot Company Limited (9949)?
The market capitalisation of Tittot Company Limited is 1.0B TWD (≈ $31.9M). 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 Tittot Company Limited (9949)?
The price-to-sales ratio of Tittot Company Limited is 6.47 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Tittot Company Limited (9949)?
Earnings per share at Tittot Company Limited are 6.09 TWD (price ÷ EPS = P/E 3.9). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Tittot Company Limited (9949)?
The dividend yield of Tittot Company Limited is 9.2% (payout 36.1%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the return on equity of Tittot Company Limited (9949)?
The return on equity (ROE) of Tittot Company Limited is −4.4% (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 Tittot Company Limited (9949)?
On an EBIT basis the return on assets of Tittot Company Limited is −8.2% (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 Tittot Company Limited (9949)?
The operating margin of Tittot Company Limited is −32.2% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Tittot Company Limited (9949)?
Revenue at Tittot Company Limited is growing +6.3% versus a year earlier (3y avg −12.8%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How much free cash flow does Tittot Company Limited (9949) generate?
The free cash flow of Tittot Company Limited is −77.3M TWD (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
Free · no account needed

Watch Tittot Company Limited in the live analysis

One click puts Tittot Company Limited on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.

Watch for free →

Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.