What is Ta-Yuan Cogeneration Company Ltd.'s (8931.TWO) StockRank?

MoatMap's StockRank for Ta-Yuan Cogeneration Company Ltd. (8931.TWO) is 13/100, with a Strong Sell signal. This is a composite score combining Quality (40), Value (36), and Momentum (19) factor ranks across MoatMap's 20,000+ stock universe.

Does Ta-Yuan Cogeneration Company Ltd. have an economic moat?

Ta-Yuan Cogeneration Company Ltd. (8931.TWO) has a Quality factor score of 40/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the financial characteristics of a moated business.

Is Ta-Yuan Cogeneration Company Ltd. a buy, hold, or sell?

MoatMap's current signal for Ta-Yuan Cogeneration Company Ltd. (8931.TWO) is Strong Sell, based on a StockRank of 13/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.

What sector is Ta-Yuan Cogeneration Company Ltd. in?

Ta-Yuan Cogeneration Company Ltd. (8931.TWO) operates in the Utilities sector, specifically the Utilities - Regulated Electric industry (Taiwan).

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8931.TWO

STRONG SELLREMOVE

Ta-Yuan Cogeneration Company Ltd. · Utilities · Taiwan · $165M · Avg Vol: $150K/d

StockRank

P/E (TTM)

22.6x

ROE

8.7%

D/E

1.3x

Dividend %

3.7%

Director Trades · 180d

None in 180d →

Buybacks · 180d

None in 180d →

AI CONVICTION THESIS

Highly regulated utility with capped returns on capital and high capital intensity, offering no asymmetric growth or scalability.

COMPANY DESCRIPTION

Ta-Yuan Cogeneration Company Ltd. operates combined heat and power (CHP) plants, providing steam and electricity to industrial users. The company enjoys a highly defensive, localized monopoly as the primary utility provider to the Ta-Yuan Industrial Park in Taiwan. Its competitive moat is reinforced by long-term supply contracts and the high thermal efficiency of its waste-to-energy co-generation systems.

FINANCIAL SUMMARY (USD)

Year	2021	2022	2023	2024	2025	CAGR
Revenue	—	91.2M	86.6M	80.2M	78.9M	-4.7%
EPS	0.04	0.10	0.07	0.07	—	18.6%
Shares	—	122.3M	122.3M	122.3M	122.3M	-0.0%
Debt	—	61.6M	65.7M	79.2M	88.5M	12.8%
Equity	—	69.4M	69.2M	65.7M	64.5M	-2.4%
Op CF	—	17.3M	22.7M	15.3M	21.6M	7.8%
Inv CF	—	-11.2M	-18.2M	-20.0M	-22.1M	—
Fin CF	—	-11.5M	-5.7M	5.1M	1.2M	—

PRICE (1Y)+1.4%

SMA 50SMA 200

$1.34

RSI (14)

49.1

52W High

$1.74

From 52W High

0.8%

SCORE BREAKDOWN

Quality

ROIC

7.0%61.8

ROE

8.7%55.6

GP/Assets

7.2%34.3

Op. Margin

11.0%36.6

FCF/Assets

-4.9%21.7

Piotroski

413.1

Int. Cover

8.8x72.7

D/E Ratio

1.28x44.2

Current Ratio

0.78x31.8

Value

P/E (TTM)

22.6x37.4

EV/EBITDA

14.9x26.2

P/FCF

—N/A

P/B

2.5x25.5

P/S

2.1x45.5

Div Yield

3.7%65.2

Momentum

52W High %

77%42.3

RS 6M

-76%4.7

SMA 50/200

0.90x8.2

EPS Rev 4W

—N/A

EPS Rev 12W

—N/A

EPS Improve

—N/A

Q Growth

-48%9.3

FUNDAMENTALS

Market Cap

$165M

P/E (Forward)

—

Gross Margin

14.7%

SECTOR PEERS

Closest peers in Utilities, ranked by industry match, size, and score similarity. Cross-listings of 8931.TWO are excluded.

Ticker	Company	Mkt Cap	StockRank	Signal
8931.TWO	Ta-Yuan Cogeneration Company Ltd.(you)	$165M	13	STRONG SELL
7740.TW	Seetel New Energy Co., Ltd.	$314M	31	SELL
6806.TW	Shinfox Energy Co., Ltd.	$59M	9	STRONG SELL
6869.TW	J&V Energy Technology Co., Ltd.	$365M	3	STRONG SELL
7818.TW	KEMFLO INTERNATIONAL CO. LTD.	$352M	38	HOLD
9918.TW	Shin Shin Natural Gas Company Limited	$245M	47	HOLD
9931.TW	Hsin Kao Gas Co.,Ltd.	$130M	52	HOLD
8908.TWO	ShinHsiung Natural Gas Inc.	$408M	44	HOLD
6994.TW	Foxwell Power Co., Ltd.	$149M	69	BUY
9908.TW	The Great Taipei Gas Corporation	$465M	55	HOLD

Peer medians: ROE 9.6% · P/E 17.9x · Gross margin 20.0%

Ta-Yuan Cogeneration Company Ltd. (8931.TWO) — Stock Score Summary

Ta-Yuan Cogeneration Company Ltd. (8931.TWO) has a MoatMap StockRank of 13/100 based on Quality (40/100), Value (36/100), and Momentum (19/100) factor scores. The current signal is STRONG SELL. Highly regulated utility with capped returns on capital and high capital intensity, offering no asymmetric growth or scalability.

Key Financial Metrics

Price	$1.34
Market Cap	$165M
P/E (TTM)	22.57
Price/Book	2.46
Return on Equity	8.7%
Return on Invested Capital	7.0%
Debt/Equity	127.78
Gross Margin	14.7%
Operating Margin	11.0%
Revenue Growth	0.2%
Dividend Yield	3.7%
Free Cash Flow	$-253K

Ta-Yuan Cogeneration Company Ltd. operates in the Utilities - Regulated Electric industry, part of the Utilities sector (Taiwan).

Frequently Asked Questions

What is Ta-Yuan Cogeneration Company Ltd.’s (8931.TWO) StockRank?: MoatMap’s StockRank for Ta-Yuan Cogeneration Company Ltd. (8931.TWO) is 13/100, with a Strong Sell signal. It is a composite of Quality (40), Value (36), and Momentum (19) factor ranks across MoatMap’s 20,000+ stock universe.
Does Ta-Yuan Cogeneration Company Ltd. have an economic moat?: Ta-Yuan Cogeneration Company Ltd. (8931.TWO) has a Quality factor score of 40/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Ta-Yuan Cogeneration Company Ltd. a buy, hold, or sell?: MoatMap’s current signal for Ta-Yuan Cogeneration Company Ltd. (8931.TWO) is Strong Sell, based on a StockRank of 13/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.
What sector is Ta-Yuan Cogeneration Company Ltd. in?: Ta-Yuan Cogeneration Company Ltd. (8931.TWO) operates in the Utilities sector, specifically the Utilities - Regulated Electric industry (Taiwan).