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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 Cap: NT$13.1B

P/S

0.8
Current
19%
Cheaper
vs 3-y average of 1

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

P/S
0.8
=
Market Cap
NT$12.6B
/
Revenue
NT$16.8B

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

P/S
0.8
=
Market Cap
NT$12.6B
/
Revenue
NT$16.8B

Valuation Scenarios

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

If P/S returns to its 3-Year Average (1), the stock would be worth NT$50.07 (23% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+131%
Average Upside
49%
Scenario P/S Value Implied Price Upside/Downside
Current Multiple 0.8 NT$40.65
0%
3-Year Average 1 NT$50.07
+23%
5-Year Average 1 NT$51.1
+26%
Industry Average 0.9 NT$46.74
+15%
Country Average 1.8 NT$93.91
+131%

Forward P/S
Today’s price vs future revenue

Today's Market Cap Revenue Forward P/S
NT$12.6B
/
Jan 2026
NT$16.8B
=
0.8
Current
NT$12.6B
/
Dec 2026
NT$19.2B
=
0.7
Forward

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

Peer Comparison

All Multiples
P/S
P/E
All Countries
Close
Market Cap P/S P/E
TW
Hsin Kuang Steel Co Ltd
TWSE:2031
13.1B TWD 0.8 12.3
ZA
Kumba Iron Ore Ltd
JSE:KIO
98.1B ZAR 1.4 6.7
BR
Vale SA
BOVESPA:VALE3
339.1B BRL 1.6 25.2
US
Nucor Corp
NYSE:NUE
51.5B USD 1.6 29.7
AU
Fortescue Ltd
XMUN:FVJ
36.9B EUR 2.6 11.4
AU
Fortescue Metals Group Ltd
ASX:FMG
60.5B AUD 2.6 11.2
LU
ArcelorMittal SA
AEX:MT
37.5B EUR 0.7 13.7
IN
JSW Steel Ltd
NSE:JSWSTEEL
3.1T INR 1.7 41.2
US
Steel Dynamics Inc
NASDAQ:STLD
33.1B USD 1.7 24.1
IN
Tata Steel Ltd
NSE:TATASTEEL
2.7T INR 1.2 28.7
KR
Posco Holdings Inc
KRX:005490
34.9T KRW 0.5 54.3

Market Distribution

Lower than 80% of companies in Taiwan
Percentile
20th
Based on 872 companies
20th percentile
0.8
Low
0.1 — 1.1
Typical Range
1.1 — 3.1
High
3.1 —
Distribution Statistics
Taiwan
Min 0.1
30th Percentile 1.1
Median 1.8
70th Percentile 3.1
Max 384 578.4

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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