Taiheiyo Cement Corp (THYCY) fair value: what the stock is really worth
As of Sep 23, 2026: fair value of Taiheiyo Cement Corp $8.07, price $6.63, upside +21.7%, quality 52 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
- Fair value above price? Yes
- Good quality? Yes
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Taiheiyo Cement Corp
THYCY · USUndervaluedThe stock appears undervalued with acceptable quality.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 23, 2026.
How to read this chart
60‑month range $2.66 – $7.65 · fair‑value band $4.52 – $10.56 · the $6.63 price screens below the $8.07 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 23, 2026.
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Company profile
Taiheiyo Cement Corporation engages in the cement, mineral resources, environmental, construction materials, and other businesses in Japan and internationally. The company's Cement segment offers ordinary portland cement, specialty cement, soil stabilizers, and ready-mixed concrete.
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Taiheiyo Cement Corporation engages in the cement, mineral resources, environmental, construction materials, and other businesses in Japan and internationally. The company's Cement segment offers ordinary portland cement, specialty cement, soil stabilizers, and ready-mixed concrete. Its Mineral Resources segment sells limestone aggregate products comprising course and fine aggregate used in ready-mixed concrete, and aggregate used in concrete products and civil engineering; sandstone and andesite as aggregate materials; quicklime, slaked lime, filler, silica, and silica powder; and hollow ceramics, sepiolite, wollastonite, and kaolin. The company's Environmental segment recycles used tires, waste plastics, paper sludge, waste casting sand, other industrial waste, surplus soil from water purification, sewage sludge, dredging sludge, and other wastes discarded from municipalities, as well as engages in the CFC treatment and building waste treatment plants; develops and commercializes environmental recycling technologies, including ash washing system and applied kiln system, and fermentation technology; supplies flue gas desulfurization materials, such as calcium carbonate; and sells slag powder and other inorganic materials, coal, heavy oil, and other fuels, as well as chemicals and gypsum. Its Construction Materials segment produces precast concrete products; promenades, interlocking blocks, and concrete housing products; acoustic panels used to reduce construction noise; and fireproof covering materials used in tunnels. The company's Other Businesses segment leases land for office buildings, commercial stores, leisure facilities, distribution warehouses, and other structures, as well as develops land for residential housing; and engages in the data processing, transportation and warehouse, engineering, chemical products, and sports business. Taiheiyo Cement Corporation was incorporated in 1881 and is headquartered in Tokyo, Japan.
Stock analysis
Taiheiyo Cement Corp (THYCY) currently trades at $6.63, while our model-based Fair Value estimate is $8.07, implying the stock looks roughly 17.8% undervalued today.
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Valuation
Bull case: the Economic Profit group reads highest at a median of $7.94 per share, and 15 of the 21 models we run sit above the $6.63 price.
Bear case: the Growth DCF group reads lowest at $1.47, and 6 of the 21 models stay below the price. Evidence for this calculation is high.
Scenario range: $4.52 (bear) to $10.56 (bull), the price of $6.63 sits inside 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 52/100 (solid quality), in the Basic Materials sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Taiheiyo Cement Corp reported revenue of ¥953B in FY2026 versus ¥708B in FY2022, a compound +7.7%/yr. Reported net income was ¥26.9B in FY2026, compounding −1.8%/yr from FY2022.
Key figures
Market cap $3.0B · P/E ratio 55.3 · P/S ratio 1.56 · EPS (TTM) $0.1200 · Dividend yield 2.2% · Net margin 2.8% · Return on equity 3.9% · Return on assets (EBIT) 3.9%.
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 6% below its 52-week high and 35% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at −47% fair-value upside, at 22%, THYCY screens cheaper than that median.
Fair Value models
All 21 models by family
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Set up alert →Quality Score breakdown
Of which business quality 52 · Market factors (momentum, volatility) 68
Revenue & earnings trend
Growth Forecast
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Compare Taiheiyo Cement Corp with another stock
Price, fair value, quality and upside side by side.
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.Building Materials · 260 stocks
Valuation Multiplesvs Building Materials median · lower = cheaper
Strength profile in five axes (Snowflake)
Context: sector, industry, market
- Is the Materials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Undervalued stocks: US Stocks
- Valuation of the USA market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Building Materials stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| CRH plc CRH | $88.04 | $74.79 | −15% |
| Holcim AG HOLN | CHF 68.02 | CHF 33.05 | −51% |
| Vulcan Materials Company VMC | $247.87 | $131.48 | −47% |
| UltraTech Cement Limited ULTRACEMCO | ₹11,000 | ₹4,719 | −57% |
| Martin Marietta Materials, Inc MLM | $499.34 | $245.83 | −51% |
| China Jushi Co 600176 | ¥45.47 | ¥30.36 | −33% |
| Amrize AG AMRZ | $39.00 | $34.66 | −11% |
| Grasim Industries Limited GRASIM | ₹3,128 | ₹1,245 | −60% |
| CEMEX, S.A. CX | $10.24 | $25.27 | +147% |
| James Hardie Industries plc JHX | A$38.17 | A$7.93 | −79% |
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Key figures of Taiheiyo Cement Corp
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