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Ta Chen Stainless Pipe Co Ltd
TWSE:2027

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Ta Chen Stainless Pipe Co Ltd
TWSE:2027
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Price: 38.05 TWD 4.53% Market Closed
Market Cap: NT$98.3B

P/OCF

29.8
Current
301%
More Expensive
vs 3-y average of 7.4

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
29.8
=
Market Cap
NT$86.9B
/
Operating Cash Flow
NT$3B

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
29.8
=
Market Cap
NT$86.9B
/
Operating Cash Flow
NT$3B

Valuation Scenarios

Ta Chen Stainless Pipe Co Ltd is trading above its 3-year average

If P/OCF returns to its 3-Year Average (7.4), the stock would be worth NT$9.5 (75% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-78%
Maximum Upside
No Upside Scenarios
Average Downside
70%
Scenario P/OCF Value Implied Price Upside/Downside
Current Multiple 29.8 NT$38.05
0%
3-Year Average 7.4 NT$9.5
-75%
5-Year Average 9.1 NT$11.57
-70%
Industry Average 6.6 NT$8.47
-78%
Country Average 13.2 NT$16.82
-56%

Forward P/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward P/OCF

Peer Comparison

All Multiples
P/OCF
P/E
All Countries
Close
Market Cap P/OCF P/E
TW
Ta Chen Stainless Pipe Co Ltd
TWSE:2027
89.5B TWD 29.8 13.4
ZA
Kumba Iron Ore Ltd
JSE:KIO
98.3B ZAR 3.6 6.7
BR
Vale SA
BOVESPA:VALE3
365B BRL 7.4 26.2
US
Nucor Corp
NYSE:NUE
51.5B USD 15.9 29.7
AU
Fortescue Metals Group Ltd
ASX:FMG
61.9B AUD 5.8 11.3
AU
Fortescue Ltd
XMUN:FVJ
37.8B EUR 6 11.7
LU
ArcelorMittal SA
AEX:MT
37.5B EUR 9.1 13.8
IN
JSW Steel Ltd
NSE:JSWSTEEL
3.1T INR 11 41.7
US
Steel Dynamics Inc
NASDAQ:STLD
32.8B USD 22.7 23.9
IN
Tata Steel Ltd
NSE:TATASTEEL
2.7T INR 8.8 29.4
KR
Posco Holdings Inc
KRX:005490
35.5T KRW 7.7 53.7

Market Distribution

Higher than 81% of companies in Taiwan
Percentile
81th
Based on 708 companies
81th percentile
29.8
Low
0.5 — 8.9
Typical Range
8.9 — 20.4
High
20.4 —
Distribution Statistics
Taiwan
Min 0.5
30th Percentile 8.9
Median 13.2
70th Percentile 20.4
Max 5 587.5

Ta Chen Stainless Pipe Co Ltd
Glance View

Market Cap
98.3B TWD
Industry
Metals & Mining

Ta Chen Stainless Pipe Co Ltd. operates at the crossroads of industry and commerce, embodying the quintessential success story of a manufacturing specialist with a keen focus on stainless steel and aluminum products. Founded in Taiwan, the company has steadily built a robust global presence by offering a vast portfolio of stainless steel piping, tubing, and industrial fitting solutions, primarily serving the needs of the chemical, petrochemical, food processing, and automotive industries. With a strategic approach that combines efficient manufacturing with keen logistics, Ta Chen navigates the intricate dynamics of the metals market, ensuring a competitive edge through a combination of quality assurance, innovation, and timely delivery. The operational prowess of Ta Chen boils down to its comprehensive supply chain management, from sourcing raw materials to delivering finished goods. The company capitalizes on its extensive network of distribution centers across the United States, streamlining delivery times and reducing costs for its diverse clientele. This infrastructure not only supports its core business but also its broader vision of being a full-service distributor of metal products. By leveraging economies of scale and maintaining rigorous quality standards, Ta Chen attracts a loyal customer base, ensuring steady revenue streams. In the face of fluctuating metal prices and global economic shifts, the company’s adaptability and sustained investment in technology and human resources anchor its market resilience and financial stability.

Intrinsic Value
59.53 TWD
Undervaluation 36%
Intrinsic Value
Price NT$38.05
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