Hocheng (TPE:1810) Moat Score: 0/10 (As of Jul. 09, 2026)


TPE:1810 Hocheng Corp TPE:1810
62 GF Score
Price NT$23.85
GF Value NT$17.78
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Hocheng Moat Score?

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

Hocheng 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 Hocheng might have No Moat - No discernible moat.

Hocheng  (TPE:1810) 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

Hocheng Moat Score Related Terms

TPE:1810
62GF Score
Hocheng Corp TPE:1810
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Is Hocheng (TPE:1810) Overvalued in 2026?

Based on GuruFocus' analysis, Hocheng stock appears to be overvalued. The current stock price of NT$23.85 is trading 34.1% above its estimated GF Value™ of NT$17.78. GuruFocus considers Hocheng to be Significantly Overvalued.

Key valuation signals for TPE:1810:

  • Moat Score: 0
  • GF Value™: NT$17.78 vs. price of NT$23.85 (34.1% above fair value)
  • GF Score™: 62/100 with 8 warning signs

No single metric tells the full story. See the TPE:1810 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hocheng Business Description

Address No. 398, Xingshan Road, First floor, Neihu District, Taipei, TWN, 114
Hocheng Corp mainly engages in the manufacturing and trading of residential equipment (i.e., bathtubs, toilets), kitchen equipment, copper pipe equipment, and construction of national housing. It has four reportable departments: The Taiwan business department is engaged in the manufacture and sale of domestic equipment such as bathtubs, toilets, kitchen equipment, and copper pipe equipment. The investment department is engaged in investment in production, securities, construction, tourism and trading. The China business department is engaged in the production of sanitary ware, metal, plastic accessories, and other building and decorative ceramics in China. The Philippine business department is engaged in producing and selling plumbing products. It generates maximum revenue from Taiwan.
62GF Score

Get the complete analysis for TPE:1810

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

NT$23.85
Price
NT$17.78
GF Value