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STOCK COMPARISON

Tze Shin International Co vs Adani Ports and Special Economic Zone: Fair Value & Quality

Both stocks run through our valuation models. Here is how Tze Shin International Co (2611) and Adani Ports and Special Economic Zone (ADANIPORTS) compare, as of Sep 5, 2026.

As of Sep 5, 2026, Fair Value Calculator sees Adani Ports and Special Economic Zone as the less overvalued of the two: Tze Shin International Co trades at TWD 14.45 versus a fair value of TWD 6.20 (-57%), while Adani Ports and Special Economic Zone trades at ₹1,707 versus ₹1,041 (-39%).
Tze Shin International Co
2611.TW · TWD · Industrials
-57%
upside to fair value
overvalued
PriceTWD 14.45
Fair ValueTWD 6.20
Quality36/100
Adani Ports and Special Economic Zone
ADANIPORTS.NSE · INR · Industrials
-39%
upside to fair value
overvalued
Price₹1,707
Fair Value₹1,041
Quality50/100
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Head-to-head numbers

Green value = the better side for that row (for valuation multiples: lower = cheaper).

Tze Shin International CoAdani Ports and Special Economic Zone
Valuation
28.6×P/E (TTM)29.3×
3.13×P/S (TTM)10.87×
0.99×P/B4.38×
29.5×EV/EBITDA20.6×
2.57×PEG
−57.1%Fair value upside−39.0%
3.6%Dividend yield0.4%
TWD 0.52Dividend per share₹7.50
Profitability
10%Operating margin41%
0.10×EBIT margin trend (5Y)24.83×
10%Return on equity16%
1%Return on assets7%
Growth
110%Revenue growth (YoY)27%
-2.7%Avg. growth/yr (3Y)22.9%
2.1%Avg. growth/yr (5Y)25.3%
−37.6%Value creation/yr+13.8%
Balance & size
0.7×Interest coverage (EBIT/interest)4.5×
0.08×Debt / equity0.53×
$85MMarket cap$45B
weakGrowth qualityexpensive

Adani Ports and Special Economic Zone leads: 5 to 10 metric wins.

Dash = not meaningfully computable, for example with negative equity.

Quality in detail

The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.

Tze Shin International Coof which business quality 34 · market factors 48 Adani Ports and Special Economic Zoneof which business quality 49 · market factors 68
ProfitabilityMargins and returns on capital today
26
46
Quality GrowthAre margins and returns improving?
31
52
CashflowEarnings quality: real cash, not paper profit
0
51
Fin. StrengthBalance sheet, leverage, solvency risk
62
61
InvestmentDisciplined investing over empire-building
87
5
Low VolatilityCalm price path (market factor)
85
85
MomentumPrice trend over the last 3–12 months (market factor)
33
56
52W MomentumDistance to the 52-week high (market factor)
32
68
Net IssuanceBuybacks instead of dilution
12
70

What the models say

How far the median fair value (base case) per model family sits from the current price, in percent. The amount in the currency of the trading venue is shown underneath.

above the price, more than 15% above close to the price, 85% to 115% of the price below the price, more than 15% below

Model familyTze Shin International CoPrice TWD 14.45Adani Ports and Special Economic ZonePrice ₹1,707
DCF Models-20%below the priceTWD 11.59-49%below the price₹870
Earnings-Based-76%below the priceTWD 3.41-22%below the price₹1,332
Dividend Discount+17%above the priceTWD 16.93-93%below the price₹127
Multiples-51%below the priceTWD 7.11-40%below the price₹1,021
Asset-Based-33%below the priceTWD 9.62-84%below the price₹280
Growth DCFn/a-84%below the price₹265
Economic Profit-57%below the priceTWD 6.24-59%below the price₹702
Growth Earnings-43%below the priceTWD 8.29+1%close to the price₹1,730
Minimum-76%below the priceTWD 3.41-93%below the price₹127
Maximum+17%above the priceTWD 16.93+1%close to the price₹1,730
Median-43%below the priceTWD 8.29-54%below the price₹786
Geometric mean-44%below the priceTWD 8.14-66%below the price₹584

Minimum, maximum, median and geometric mean refer to the family values in this table. Geometric because deviations are ratios: half the price and twice the price average to 100%, not 125%.

Tze Shin International Co: 13 of 15 models see the stock below the current price.

Adani Ports and Special Economic Zone: 24 of 26 models see the stock below the current price.

Scenario ranges

From our cautious bear case to the optimistic bull case. The white tick is the current price: left of fair value means room to run.

Tze Shin International Co
Bear TWD 4.64Fair Value TWD 6.20Bull TWD 7.74
TWD 14.45 = current price (white tick)
Adani Ports and Special Economic Zone
Bear ₹396Fair Value ₹1,041Bull ₹1,360
₹1,707 = current price (white tick)

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Ranked within their sector

Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.

Tze Shin International Co · Industrials

Quality score36 · bottom 25%
Fair value upside-57% · bottom 25%

Adani Ports and Special Economic Zone · Industrials

Quality score50 · below median
Fair value upside-39% · below median

Bottom line

As of Sep 5, 2026, Fair Value Calculator sees Adani Ports and Special Economic Zone as the less overvalued of the two: Tze Shin International Co trades at TWD 14.45 versus a fair value of TWD 6.20 (-57%), while Adani Ports and Special Economic Zone trades at ₹1,707 versus ₹1,041 (-39%).

Adani Ports and Special Economic Zone has the higher quality score (50/100).

See the full analysis →

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A model-based valuation snapshot from 26 models. Values change with price and fundamentals; the date shown above applies.