Taiwanese Materials Undervalued over 20% based on DCF

Nan Ya Plastics

Market Cap: NT$291.9b

Engages in the manufacture and sale of plastic products, polyester fibers, petrochemical products, and electronic materials in Taiwan, China and Hong Kong, the United States, and internationally.

Ton Yi Industrial

Market Cap: NT$29.6b

Engages in the manufacturing and sale of tin plates packaging material in Taiwan, Mainland China, and internationally.

Gloria Material Technology

Market Cap: NT$20.9b

Produces and sells alloy steel in Taiwan, the United States, China, and internationally.

Universal Cement

Market Cap: NT$18.4b

Manufactures and sells cement, ready-mixed concrete, gypsum board panels, and other building materials in Taiwan.

Taiwan Steel Union

Market Cap: NT$12.1b

Manufactures and trades in zinc oxide and non-metallic mineral products in Taiwan.

First Copper Technology

Market Cap: NT$11.9b

Produces and sells copper and copper alloy strips in Taiwan and internationally.

China Metal Products

Market Cap: NT$10.6b

Engages in the manufacture and sale of cast iron products in Taiwan, the United States, Japan, China, Europe, South America, and internationally.

Southeast Cement

Market Cap: NT$10.4b

Engages in the manufacture and sale of cement in Taiwan.

Yem Chio

Market Cap: NT$10.0b

Engages in researching, designing, manufacturing, processing, trading, and sale of packaging materials in Taiwan and internationally.

Ho Tung Chemical

Market Cap: NT$7.9b

Develops, manufactures, processes, and sells various chemical products in Taiwan, China, Southeast Asia, and internationally.

Shih-Kuen Plastics

Market Cap: NT$2.4b

Produces and supplies PVC sheets and vinyl films.

TMP Steel

Market Cap: NT$2.4b

Together with its subsidiary, Taiwan Steel Material Corp., manufactures and sells iron and steel building materials in Taiwan.

Chain Chon Industrial

Market Cap: NT$1.9b

Manufactures and sells stainless steel products in Taiwan and internationally.

TacBright Optronics

Market Cap: NT$1.2b

Engages in the research, development, manufacturing, and sales of triacetate cellulose (TAC) films.