Hai Kwang Enterprise has the GF Score of 66, which implies that the company
might have
Poor future performance potential.
The GF Score is a stock performance ranking system developed by GuruFocus using five aspects of valuation, which has been found to be closely correlated to the long-term performances of stocks by backtesting from 2006 to 2021. The stocks with a higher GF Score generally generate higher returns than those with lower GF Scores. Therefore, when picking stocks, investors should invest in companies with high GF Scores. The GF Score ranges from 0 to 100, with 100 as the highest rank.
GF Score takes following five key aspects into consideration:
Each one of these components is ranked and the ranks also have positive correlation with the long term performances of stocks. The GF score is calculated using the five key aspects of analysis. Through backtesting, we know that each of these key aspects has a different impact on the stock price performance. Thus, they are weighted differently when calculating the total score. The Profitability Rank and the Growth Rank are weighted fully, while other parameters have less weight.
Based on research and backtesting result, GuruFocus believes Hai Kwang Enterprise
might have
Poor future performance potential.
Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.
Hai Kwang Enterprise (TPE:2038) GF Score Explanation
Based on the historical long-term performances among five valuation aspects, the GF Score is found to be closely correlated to the long-term performances of stocks. It ranges from 0 to 100, with 100 as the highest. GuruFocus divided GF Score into following 5 categories:
GF Score
Performance Potential and All-in-One Screener Examples (1)
(1) These are some simple examples. You can access our GF Score filter under All-in-One Screener’s Fundamental tab.
Hai Kwang Enterprise GF Score Related Terms
TPE:2038 vs NUE, STLD, RS: GF Score Comparison
For the Steel subindustry, Hai Kwang Enterprise's GF Score, along with its competitors' market caps and GF Score data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Hai Kwang Enterprise GF Score vs Steel Industry
For the Steel industry and Basic Materials sector, Hai Kwang Enterprise's GF Score distribution charts can be found below:
* The bar in red indicates where Hai Kwang Enterprise's GF Score falls into.
Hai Kwang Enterprise (TPE:2038) has a GF Score of 66 as of Jul. 12, 2026. GF Score is a stock performance ranking system developed by GuruFocus using five aspects of valuation. View historical data on Hai Kwang Enterprise and its competitors. This is 20% above median its historical median of 55.00. Over the past decade, Hai Kwang Enterprise's GF Score has ranged from 21.00 to 69.00.
Is Hai Kwang Enterprise's GF Score too high?
Hai Kwang Enterprise's current GF Score of 66 is 20% above median its 10-year median of 55.00. Over the past 10 years, this metric has ranged from a low of 21.00 to a high of 69.00. Overall, Hai Kwang Enterprise has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hai Kwang Enterprise's GF Score compare to NUE and STLD?
Hai Kwang Enterprise's GF Score of 66 can be compared against companies in the Steel industry. Historically, Hai Kwang Enterprise's own GF Score has ranged from 21.00 to 69.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good GF Score for a Steel company?
A good GF Score depends on the Steel industry context. However, GF Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high GF Score mean?
A high GF Score can signal that a stock is expensive relative to its fundamentals. GF Score is a stock performance ranking system developed by GuruFocus using five aspects of valuation. View historical data on Hai Kwang Enterprise and its competitors. Hai Kwang Enterprise's current GF Score is 66, which is 20% above median its own 10-year median of 55.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hai Kwang Enterprise stock overvalued right now?
Based on GuruFocus' analysis, Hai Kwang Enterprise (TPE:2038) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$15.10, compared to a current price of NT$13.20 — trading 12.6% below its estimated fair value. The current GF Score is 66, which is 20% above median its 10-year median of 55.00. Hai Kwang Enterprise's overall GF Score™ is 66/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is GF Score calculated?
GF Score is calculated from a company's financial statements. For Hai Kwang Enterprise (TPE:2038), the current GF Score is 66 as of Jul. 12, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Hai Kwang Enterprise (TPE:2038) Overvalued in 2026?
Based on GuruFocus' analysis, Hai Kwang Enterprise stock appears to be undervalued.
The current stock price of NT$13.20 is trading 12.6% below its estimated GF Value™ of NT$15.10.
GuruFocus considers Hai Kwang Enterprise to be Modestly Undervalued.
Key valuation signals for TPE:2038:
GF Score: 66 (20% above median its 10-year median of 55.00)
GF Value™: NT$15.10 vs. price of NT$13.20 (12.6% below fair value)
No single metric tells the full story. See the TPE:2038 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hai Kwang Enterprise Corp is engaged in the manufacture, processing, sale, and trade of billets and reinforcing steel bars. The Company also engages in real estate rental and leasing. It operates through Hai Kwang Enterprise Co., Ltd and Zheng Tung (formerly E Chang), with Hai Kwang Enterprise Co., Ltd generating maximum revenue. The main operating location of the Company and its subsidiaries is Taiwan.
66GF Score
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