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Hsin Kuang Steel Co Ltd
TWSE:2031

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Hsin Kuang Steel Co Ltd
TWSE:2031
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Price: 40.65 TWD -0.49% Market Closed
Market Cap: NT$13.1B

P/E

12.3
Current
7%
More Expensive
vs 3-y average of 11.5

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
12.3
=
Market Cap
NT$12.6B
/
Net Income
NT$1.1B

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
12.3
=
Market Cap
NT$12.6B
/
Net Income
NT$1.1B

Valuation Scenarios

Hsin Kuang Steel Co Ltd is trading above its 3-year average

If P/E returns to its 3-Year Average (11.5), the stock would be worth NT$38 (7% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-15%
Maximum Upside
+60%
Average Upside
17%
Scenario P/E Value Implied Price Upside/Downside
Current Multiple 12.3 NT$40.65
0%
3-Year Average 11.5 NT$38
-7%
5-Year Average 10.5 NT$34.57
-15%
Industry Average 15.9 NT$52.54
+29%
Country Average 19.7 NT$65
+60%

Forward P/E
Today’s price vs future net income

Today's Market Cap Net Income Forward P/E
NT$12.6B
/
Jan 2026
NT$1.1B
=
12.3
Current
NT$12.6B
/
Dec 2026
NT$1.3B
=
9.7
Forward

Forward P/E shows whether today’s P/E still looks high or low once future net income are taken into account.

Market Distribution

Lower than 84% of companies in Taiwan
Percentile
16th
Based on 739 companies
16th percentile
12.3
Low
2 — 15.3
Typical Range
15.3 — 29.8
High
29.8 —
Distribution Statistics
Taiwan
Min 2
30th Percentile 15.3
Median 19.7
70th Percentile 29.8
Max 5 851.5

Hsin Kuang Steel Co Ltd
Glance View

Market Cap
13.1B TWD
Industry
Metals & Mining

Hsin Kuang Steel Co., Ltd. engages in the manufacture, processing, and sale of steel products. The company is headquartered in Taipei, New Taipei. The company went IPO on 2000-09-11. The firm is principally engaged in the processing, wholesale and direct marketing of steel plates, special steel plates, hot rolled steel plates, stainless steels, steel sections, galvanized steel and steel structure components. The firm also provides the cutting and processing services for finished steel products. The firm's steel products are applied as steel structures, mechanic components, automobile parts, hardware components, computer casings, home appliance components, construction materials and others. The firm distributes its products mainly in domestic market.

Intrinsic Value
52.4 TWD
Undervaluation 22%
Intrinsic Value
Price NT$40.65
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