Shihlin Electric & Engineering (TPE:1503) Intrinsic Value: DCF (Dividends Based): NT$97.11 (As of Aug. 07, 2026) — 5121% Above Median

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:1503 Shihlin Electric & Engineering Corp TPE:1503
84 GF Score
Price NT$195.50
GF Value NT$206.99
Valuation Fairly Valued
View Full Analysis

What is Shihlin Electric & Engineering Intrinsic Value: DCF (Dividends Based)?

Shihlin Electric & Engineering TPE:1503 -1.01% 84 Intrinsic Value: DCF (Dividends Based) is NT$97.11 as of Aug. 07, 2026, which is 100% below its 10-year median of 1.86. GuruFocus rates TPE:1503 with a GF Scoreâ„¢ of 84/100 and a GF Valueâ„¢ of NT$206.99 (Fairly Valued). Among 437 Industrial Products companies, Shihlin Electric & Engineering ranks worse than 70.71% on this metric.

As of today (2026-08-07), Shihlin Electric & Engineering's intrinsic value calculated from the Discounted Dividend model is NT$97.11.

Note: Discounted Dividend model is only suitable for companies who have a consistant distribution history. If the company's dividends does not remain steady over a long period, results may not be accurate due to the low consistency. The model is also only suitable for predictable companies (Business Predictability Rank higher than 1-Star) with dividend payments. If the company's Predictability Rank is 1-Star or Not Rated, or if the company does not pay dividend, the data will not be stored into our database.

Shihlin Electric & Engineering's Predictability Rank is 4.5-Stars.

Margin of Safety % (DCF Dividends Based) using Discounted Dividend Model for Shihlin Electric & Engineering is -101.32%.

The historical rank and industry rank for Shihlin Electric & Engineering's Intrinsic Value: DCF (Dividends Based) or its related term are showing as below:

TPE:1503' s Price-to-DCF (Dividends Based) Range Over the Past 10 Years
Min: 1.13   Med: 1.86   Max: 5.24
Current: 2.01

During the past 13 years, the highest Price-to-Intrinsic-Value-DCF (Dividends Based) Ratio of Shihlin Electric & Engineering was 5.24. The lowest was 1.13. And the median was 1.86.

TPE:1503's Price-to-DCF (Dividends Based) is ranked worse than
70.71% of 437 companies
in the Industrial Products industry
Industry Median: 1.31 vs TPE:1503: 2.01

Shihlin Electric & Engineering  (TPE:1503) Intrinsic Value: DCF (Dividends Based) Explanation

Unlike valuation methods such as Net Current Asset Value, Tangible Book per Share, Graham Number, Median PS Value etc, discounted Dividends model evaluates the companies based on their power of future dividend distribution instead of their assets.


Be Aware

What you need to know about Discounted Dividends model:

1. The Discounted Dividends model evaluates a company based on its future dividends distribution power
2. Dividend growth is taken into account; therefore a company with a higher dividend growth rate is worth more if everything else is the same.
3. Since we are projecting future growth, it is assumed that the company will grow at the same rate as it did during the past 10 years. Therefore this model works better for the companies with consistently steady dividends distributed.
4. The Discounted Dividends model works poorly for inconsistent dividends distributor like high growth companies.
5. Your expected return from the investment is a reasonable discount rate assumption.
6. A larger margin of safety should be required for companies with less dividends distributed.

You can screen for stocks that trade below their Intrinsic Value: DCF (FCF Based) and Intrinsic Value: DCF (Earnings Based) and Intrinsic Value: DCF (Dividends Based) with the GuruFocus All-in-One Screener. Companies with a high Predictability Rank that trade at a discount to their Intrinsic Value: DCF (FCF Based) and Intrinsic Value: DCF (Earnings Based) can be found in the screen of Undervalued Predictable Companies.


Shihlin Electric & Engineering Intrinsic Value: DCF (Dividends Based) Related Terms


Shihlin Electric & Engineering Intrinsic Value: DCF (Dividends Based) Historical Data

* Premium members only.

The historical data trend for Shihlin Electric & Engineering's Intrinsic Value: DCF (Dividends Based) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Shihlin Electric & Engineering Intrinsic Value: DCF (Dividends Based) Chart

Shihlin Electric & Engineering Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Intrinsic Value: DCF (Dividends Based)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.32 42.92 50.62 63.44 90.74

Shihlin Electric & Engineering Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Intrinsic Value: DCF (Dividends Based) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 64.21 68.29 69.30 90.74 97.11

TPE:1503 vs VRT, BE: Intrinsic Value: DCF (Dividends Based) Comparison

For the Electrical Equipment & Parts subindustry, Shihlin Electric & Engineering's Price-to-DCF (Dividends Based), along with its competitors' market caps and Price-to-DCF (Dividends Based) 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.


Shihlin Electric & Engineering Price-to-DCF (Dividends Based) vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shihlin Electric & Engineering's Price-to-DCF (Dividends Based) distribution charts can be found below:

* The bar in red indicates where Shihlin Electric & Engineering's Price-to-DCF (Dividends Based) falls into.


TPE:1503
84GF Score
Shihlin Electric & Engineering Corp TPE:1503
Intrinsic Value: DCF (Dividends Based) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shihlin Electric & Engineering Intrinsic Value: DCF (Dividends Based) Calculation

This is the intrinsic value calculated from the Discounted Dividend Model with default parameters. The calculation method is the same as Discounted Cash Flow model except adjusted dividend are used in the calculation instead of free cash flow. This is the default method of calculation with GuruFocus DCF calculator.

Usually a two-stage model is used in calculating the intrinsic value with discounted cash flow model. The first stage is called growth stage; the second is called the terminal stage. In the growth stage the company grows at a faster rate. Because it cannot grow at that rate forever, a lower rate is used for the terminal stage.

GuruFocus DDM calculator is a two-stage model. The default values are defined as:

1. Discount Rate: d = 11%
A reasonable discount rate assumption should be at least the long term average return of the stock market, which can be estimated from risk free rate plus risk premium of stock market. GuruFocus uses 10-Year Treasury Constant Maturity Rate as the risk-free rate and rounded up to the nearest integer. It is updated daily. The current risk-free rate is 4.69%. Please go to Economic Indicators page for more information. Please note that we use the 10-Year Treasury Constant Maturity Rate of the country/region where the company is headquartered. If the data for that country/region is not available, then we will use the 10-Year Treasury Constant Maturity Rate of the United States as default. Then we added a risk premium of 6% to get the estimated discount rate. Some investors use their expected rate of return, which is also reasonable. A typical discount rate can be anywhere between 6% - 20%.

2. Dividend Growth Rate in the growth stage: g1 = 10.00%
The Growth Rate in the growth stage is initially set as the default 10-Year Dividend Growth Rate. In cases where the 10-year growth rate is unavailable, it defaults to using the 5-Year Dividend Growth Rate. If both the 10-year and 5-year growth rates are unavailable, the system defaults to the 3-Year Dividend Growth Rate.
However, it's important to note that there is a growth rate range. If the calculated growth rate exceeds 20%, it will be capped at 20%. Conversely, if the calculated growth rate falls below 5%, it will be adjusted to 5% to maintain a reasonable range.
=> Shihlin Electric & Engineering's average Dividend Growth Rate in the past 10 years was 10.00%, which is between 5% and 20%. => GuruFocus defaults => Growth Rate: 10.00%

3. Years of Growth Stage: y1 = 10

4. Terminal Growth Rate: g2 = 4%

5. Dividends per Share: adjusted dividends per share = NT$6.0642.
GuruFocus uses adjusted dividends per share by default to ensure that the valuation reflects the total value of the company, as the actual dividend is only a portion of the total value.

All of the default settings can be changed in the DCF calculator and the results are calculated automatically.

Shihlin Electric & Engineering's Intrinsic Value: DCF (Dividends Based) for today is calculated as:

Intrinsic Value: DCF (Dividends Based)=Dividends per Share*{[(1+g1)/(1+d)+(1+g1)^2/(1+d)^2+...+(1+g1)^10/(1+d)^10]
+(1+g1)^10/(1+d)^10*[(1+g2)/(1+d)+(1+g2)^2/(1+d)^2+...+(1+g2)^10/(1+d)^10]}

set x = (1+g1)/(1+d) = (1+0.1)/(1+0.11) = 0.99099099099099
and y = (1+g2)/(1+d) = (1+0.04)/(1+0.11) = 0.93693693693694

Intrinsic Value: DCF (Dividends Based)=Dividends per Share*{[x+x^2+...+x^10]+x^10*[y+y^2+...+y^10]}
=Dividends per Share*[x*(1-x^10)/(1-x)+x^10*y*(1-y^10)/(1-y)]
=6.0642*16.0141
=97.11

Margin of Safety % (DCF Dividends Based) = (Intrinsic Value: DCF (Dividends Based)-Current Price) /Intrinsic Value: DCF (Dividends Based)
= (97.11 - 195.50) / 97.11
= -101.32 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Intrinsic Value: DCF (Dividends Based) of NT$97.11 mean?
Shihlin Electric & Engineering (TPE:1503) has a Intrinsic Value: DCF (Dividends Based) of NT$97.11 as of Aug. 07, 2026. Intrinsic Value: DCF (Dividends Based) is the stock value based on a two-stage discounted dividend model. View historical data on Shihlin Electric & Engineering and its competitors. This is 5121% above median its historical median of 1.86. Over the past decade, Shihlin Electric & Engineering's Intrinsic Value: DCF (Dividends Based) has ranged from 1.13 to 5.24. According to the industry distribution chart, Shihlin Electric & Engineering ranks #309 out of 437 companies in the Industrial Products industry, placing it in the top 70.7%.
Is Shihlin Electric & Engineering's Intrinsic Value: DCF (Dividends Based) too high?
Shihlin Electric & Engineering's current Intrinsic Value: DCF (Dividends Based) of NT$97.11 is 5121% above median its 10-year median of 1.86. Over the past 10 years, this metric has ranged from a low of 1.13 to a high of 5.24. Based on the distribution chart, Shihlin Electric & Engineering ranks #309 out of 437 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Shihlin Electric & Engineering has a GF Scoreâ„¢ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shihlin Electric & Engineering's Intrinsic Value: DCF (Dividends Based) compare to VRT and BE?
According to the Industrial Products industry distribution chart, Shihlin Electric & Engineering ranks #309 out of 437 companies for Intrinsic Value: DCF (Dividends Based). This places Shihlin Electric & Engineering in the lower half of its industry. The industry median Intrinsic Value: DCF (Dividends Based) is 1.31. Historically, Shihlin Electric & Engineering's own Intrinsic Value: DCF (Dividends Based) has ranged from 1.13 to 5.24 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 Intrinsic Value: DCF (Dividends Based) for an Industrial Products company?
The median Intrinsic Value: DCF (Dividends Based) among Industrial Products companies is 1.31, based on 437 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: DCF (Dividends Based) significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: DCF (Dividends Based) 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 Intrinsic Value: DCF (Dividends Based) mean?
A high Intrinsic Value: DCF (Dividends Based) can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: DCF (Dividends Based) is the stock value based on a two-stage discounted dividend model. View historical data on Shihlin Electric & Engineering and its competitors. For the Industrial Products industry, the median Intrinsic Value: DCF (Dividends Based) is 1.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shihlin Electric & Engineering's current Intrinsic Value: DCF (Dividends Based) is NT$97.11, which is 5121% above median its own 10-year median of 1.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shihlin Electric & Engineering stock overvalued right now?
Based on GuruFocus' analysis, Shihlin Electric & Engineering (TPE:1503) is currently considered Fairly Valued. The stock's GF Value™ is NT$206.99, compared to a current price of NT$195.50 — trading 5.6% below its estimated fair value. The current Intrinsic Value: DCF (Dividends Based) is NT$97.11, which is 5121% above median its 10-year median of 1.86. Shihlin Electric & Engineering's overall GF Score™ is 84/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: DCF (Dividends Based) calculated?
Intrinsic Value: DCF (Dividends Based) is calculated from a company's financial statements. For Shihlin Electric & Engineering (TPE:1503), the current Intrinsic Value: DCF (Dividends Based) is NT$97.11 as of Aug. 07, 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 Shihlin Electric & Engineering (TPE:1503) Overvalued in 2026?

Based on GuruFocus' analysis, Shihlin Electric & Engineering stock appears to be undervalued. The current stock price of NT$195.50 is trading 5.6% below its estimated GF Value™ of NT$206.99. GuruFocus considers Shihlin Electric & Engineering to be Fairly Valued.

Key valuation signals for TPE:1503:

  • Intrinsic Value: DCF (Dividends Based): NT$97.11 (5121% above median its 10-year median of 1.86)
  • GF Value™: NT$206.99 vs. price of NT$195.50 (5.6% below fair value)
  • GF Score™: 84/100

No single metric tells the full story. See the TPE:1503 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shihlin Electric & Engineering Business Description

Address No. 88, Zhongshan North Road, Section 6, 16th Floor, Taipei, TWN, 111
Shihlin Electric & Engineering Corp is engaged in the manufacture of heavy electrical equipment, electrical machinery, electrical automotive equipment and related parts, and the sale and lease of commercial buildings. Its product portfolio comprises low-voltage switches, solar inverters, charging stations, power transformers, capacitors, switchboards, etc. The group has four reportable segments: Electric Distribution, Automobile Parts, Automation Equipment and Parts, and Other. The majority of its revenue is generated by the Electric Distribution segment, which manufactures and sells heavy electric equipment. Geographically, it generates maximum revenue from Taiwan, followed by Mainland China, Vietnam, and other regions.
84GF Score

Get the complete analysis for TPE:1503

Intrinsic Value: DCF (Dividends Based) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$195.50
Price
NT$206.99
GF Value