Hey-Song (TPE:1234) Moat Score: 0/10 (As of Jul. 21, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
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:1234 Hey-Song Corp TPE:1234
69 GF Score
Price NT$33.80
GF Value NT$36.99
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is Hey-Song Moat Score?

Hey-Song has the Moat Score of 0, which implies that the company might have No Moat - No discernible moat.

Hey-Song has

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes Hey-Song might have No Moat - No discernible moat.

Hey-Song  (TPE:1234) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

Hey-Song Moat Score Related Terms

TPE:1234
69GF Score
Hey-Song Corp TPE:1234
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Is Hey-Song (TPE:1234) Overvalued in 2026?

Based on GuruFocus' analysis, Hey-Song stock appears to be undervalued. The current stock price of NT$33.80 is trading 8.6% below its estimated GF Value™ of NT$36.99. GuruFocus considers Hey-Song to be Fairly Valued.

Key valuation signals for TPE:1234:

  • Moat Score: 0
  • GF Value™: NT$36.99 vs. price of NT$33.80 (8.6% below fair value)
  • GF Score™: 69/100 with 8 warning signs

No single metric tells the full story. See the TPE:1234 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hey-Song Business Description

Address Section 4, Xinyi Road, 3rd Floor, No. 296, Da’an District, Taipei, TWN, 106
Hey-Song Corp is a Taiwanese company engaged in the production and sale of beverages bearing its brand, OEM production and distribution of beverages for other brands, and distribution and sale of domestic and imported liquors. It produces a diversified range of alcoholic and non-alcoholic beverages, including tea, coffee, brandy, wine, whisky, juice, Chinese liquor, and tonic drinks, among others, which are marketed through brands like Black Pine, C&C, Wayne, Kinmen Kaoliang, Hardys, Saint Remy, McLeod, etc. The company's reportable segments are the Beverages business unit-beverages, which generates maximum revenue, the Beverages business unit-liquors, and the Property lease department. Geographically, it generates maximum revenue from Taiwan, followed by China.
69GF Score

Get the complete analysis for TPE:1234

Moat Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$33.80
Price
NT$36.99
GF Value