Shiny Chemical Industrial Co Ltd
TWSE:1773

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Shiny Chemical Industrial Co Ltd Logo
Shiny Chemical Industrial Co Ltd
TWSE:1773
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Price: 179 TWD 1.99%
Market Cap: NT$53.7B

EV/S

4.8
Current
14%
More Expensive
vs 3-y average of 4.3

Enterprise Value to Sales (EV/S) ratio compares a company`s total enterprise value to its revenue. It shows how much investors are paying for each dollar of the company`s sales, including both equity and debt.

EV/S
4.8
=
Enterprise Value
NT$44.6B
/
Revenue
NT$11.5B

Enterprise Value to Sales (EV/S) ratio compares a company`s total enterprise value to its revenue. It shows how much investors are paying for each dollar of the company`s sales, including both equity and debt.

EV/S
4.8
=
Enterprise Value
NT$44.6B
/
Revenue
NT$11.5B

Valuation Scenarios

Shiny Chemical Industrial Co Ltd is trading above its 3-year average

If EV/S returns to its 3-Year Average (4.3), the stock would be worth NT$157.29 (12% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-59%
Maximum Upside
No Upside Scenarios
Average Downside
36%
Scenario EV/S Value Implied Price Upside/Downside
Current Multiple 4.8 NT$179
0%
3-Year Average 4.3 NT$157.29
-12%
5-Year Average 4.1 NT$150.89
-16%
Industry Average 2 NT$73.4
-59%
Country Average 2.1 NT$79.05
-56%

Forward EV/S
Today’s price vs future revenue

Today's Enterprise Value Revenue Forward EV/S
NT$44.6B
/
Jan 2026
NT$11.5B
=
4.8
Current
NT$44.6B
/
Dec 2026
NT$12.6B
=
3.5
Forward
NT$44.6B
/
Dec 2027
NT$13.6B
=
3.3
Forward

Forward EV/S shows whether today’s EV/S still looks high or low once future revenue are taken into account.

Peer Comparison

All Multiples
EV/S
P/E
All Countries
Close
Market Cap EV/S P/E
TW
Shiny Chemical Industrial Co Ltd
TWSE:1773
53.7B TWD 4.8 26.3
US
Sherwin-Williams Co
NYSE:SHW
83.3B USD 4 32.4
JP
Shin-Etsu Chemical Co Ltd
TSE:4063
13T JPY 4.6 26.8
US
Ecolab Inc
NYSE:ECL
75.5B USD 5.1 36.4
JP
Yasuhara Chemical Co Ltd
TSE:4957
10.8T JPY 0.8 10.5
CN
Wanhua Chemical Group Co Ltd
SSE:600309
280.3B CNY 1.6 21.2
CH
Givaudan SA
SIX:GIVN
26B CHF 4 24.4
DK
Novozymes A/S
CSE:NZYM B
165.6B DKK 9.4 54.8
IN
Asian Paints Ltd
NSE:ASIANPAINT
2.4T INR 6.7 61.8
US
PPG Industries Inc
NYSE:PPG
24.6B USD 1.8 15.6
CH
Sika AG
F:SIKA
19.9B EUR 1.9 17.5

Market Distribution

Higher than 80% of companies in Taiwan
Percentile
80th
Based on 871 companies
80th percentile
4.8
Low
0 — 1.3
Typical Range
1.3 — 3.6
High
3.6 —
Distribution Statistics
Taiwan
Min 0
30th Percentile 1.3
Median 2.1
70th Percentile 3.6
Max 385 201.6

Shiny Chemical Industrial Co Ltd
Glance View

Market Cap
53.7B TWD
Industry
Chemicals

In the bustling industrial landscape of Taiwan, Shiny Chemical Industrial Co Ltd has carved out a niche, emerging as a distinguished player in the realm of chemical production. Founded in the late 1970s, this company began its journey with a vision to harness the growth potential of specialized chemicals. Initially, it focused on developing high-purity solvents, essential components in various industrial applications. Over the years, Shiny Chemical expanded its reach and expertise into new domains such as semiconductor-grade chemicals, catering to the burgeoning electronics industry. This strategic diversification allowed the company to ride the wave of technological advancements, strengthening its foothold in both regional and international markets. Shiny Chemical's business model centers around leveraging precision engineering to manufacture high-quality chemical products tailored to the meticulous standards of its clients in industries ranging from pharmaceuticals to electronics. Its revenue streams are largely fueled by long-term contracts with key players in these sectors, ensuring a steady and growing demand for its offerings. The company places a strong emphasis on innovation, continually investing in research and development to stay ahead of industry trends. By maintaining robust relationships with its clients and adhering to strict quality controls, Shiny Chemical not only sustains its profitability but also contributes significantly to the advancement of technology through its specialized chemical solutions.

Intrinsic Value
161.15 TWD
Overvaluation 10%
Intrinsic Value
Price NT$179
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