Sheng Yu Steel Co., Ltd. (2029.TW)

Sheng Yu Steel Co., Ltd. (2029.TW) — VMCI valuation read

2029.TW screens at VMCI 62/100, a 12-point gap above the Basic Materials sector median (50). For a mid-cap Sheng Yu Steel Co., Ltd. share, that placement says the multi-pillar composite is cheaper or higher quality than the typical peer on a like-for-like basis.

2029.TW has logged no Form 4 insider activity over the trailing 30 days. The tape reads neither bullish nor bearish on insider conviction. The next signal sits with the 10-Q schedule and the analyst calendar.

**Investor frame.** Value: 2029.TW trades at 14.0x earnings, 22% below the Basic Materials median of 18.0x, while EV/EBITDA prints 9.0x against 12.0x for the Basic Materials group. Quality: ROIC of 12.0% sits 2.0pp above the Basic Materials median (10.0%), the cleanest like-for-like comparison on capital efficiency. Risk: net debt to EBITDA of -1.4x leaves covenant headroom, which sets the rate-cycle exposure for Sheng Yu Steel Co., Ltd..

2029.TW fell 1.3% over the trailing 7 days, with a +4.5% read on a 30-day basis.