Tex Year Industries Inc (4720) fair value: what the stock is really worth
As of Nov 9, 2026: fair value (intrinsic value) of Tex Year Industries Inc stock TWD 9.98, price TWD 27.20, that is 63.3% below the price, quality 50 out of 100. Rating: strongly overvalued. Calculated from audited financials with 15 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 8, 2026.
How to read this chart
60‑month range 12.28 TWD – 34.00 TWD · fair‑value band 7.10 TWD – 11.81 TWD · the 27.20 TWD price screens above the 9.98 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 8, 2026.
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Tex Year Industries Inc., together with its subsidiaries, manufactures and trades in glues, adhesives, hot-melt glues, and medical equipment in Taiwan, Mainland China, Asia, Europe, America, and internationally.
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The company offers hot melt adhesives under the Tex Year brand; super glue under the 3 SECONDS brand; high-temperature and high-pressure medical autoclaves; and after-sales, and repair and maintenance services.
It also provides specialty chemicals, such as HumiSeal, a circuit board moisture coating/conformal coating; Denka HARDLOC, a structural adhesive; and release agents/mold release agents, and special and water-based adhesives.
In addition, the company offers dental supplies, including medical/dental detergents, and sterilization pouches; large and small vibrating equipment under the SINFONIA brand; home appliance pleatable synthetic HEPA filter media and medium-high efficiency automotive cabin filter media products; water-based pressure sensitive adhesives; and UV curing and TOYOBO ITO conductive films.
Further, it engages in investment and trading; development, production, and sale of biodegradable materials and products; and rental of self-owned houses. Tex Year Industries Inc. was founded in 1976 and is headquartered in New Taipei City, Taiwan.
Stock analysis
Tex Year Industries Inc (4720) currently trades at 27.20 TWD, while our model-based Fair Value estimate is 9.98 TWD, 63% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of 12.64 TWD per share, and 0 of the 15 models we run sit above the 27.20 TWD price.
Bear case: the Earnings-Based group reads lowest at 7.40 TWD, and 15 of the 15 models stay below the price. Data coverage for this calculation is low.
Scenario range: 7.10 TWD (bear) to 11.81 TWD (bull), the price of 27.20 TWD sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 50/100 (solid quality), in the Basic Materials sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Tex Year Industries Inc reported revenue of 3.6B TWD in FY2025 versus 3.6B TWD in FY2021, a compound +0.3%/yr. Reported net income was 85.1M TWD in FY2025, compounding +31.0%/yr from FY2021.
Key figures
Market cap 3.1B TWD (≈ $95.6M) Micro · P/E ratio 48.6 · P/S ratio 0.83 · EPS (TTM) 0.5600 TWD · Dividend yield 1.5% · Net margin 1.7% · Return on equity 3.8% · Return on assets (EBIT) 2.7% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 27 out of 100 (low confidence).
What moves the price
The share trades about 20% below its 52-week high and 102% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at −43% fair-value upside, at −63%, 4720 screens richer than that median.
Fair Value models
Bear7.10 TWDFair Value 9.98 TWDBull11.81 TWD
Price 27.20 TWD · Downside -63.3%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (0.1372 TWD per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.25/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
−2.3%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−0.6%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+2.6%
Start year 2020 (pandemic). Over 10 years: +3.9% a year
Revenue growth 16 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+4.8%
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What shareholders gained per year (last 5 years), in TWD ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in TWD: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
+14.7%
Earnings growth per share plus dividend.
Earnings per share, growth per year+13.2%
Dividend (yield on the price)1.5%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.13.2% vs −2.6%, picking up
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.5% → 3%
Compare Tex Year Industries Inc with another stock
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Specialty Chemicals · 728 stocks
Beats the industry median on 2/13 measures
Overall it trails its industry peers.
Valuation
Quality Score50 · Below median
Fair Value upside−63.3% · Bottom 25%
Profitability
Return on equity (12 months)3.8% · Below median
Return on assets2.5% · Below median
Net margin (12 months)1.7% · Bottom 25%
Operating margin (12 months)−0.9% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY)19.4% · Above median
Dividend yield (12 months)1.5% · Below median
Balance sheet
Debt / equity0.19× · Above median
Valuation Multiplesvs Specialty Chemicals median · lower = cheaper
P/E (12 months)48.6× · Priciest 25%
P/B1.93× · Pricier than median
P/S (12 months)0.83× · Cheaper than median
EV/EBITDA17.4× · Pricier than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 0
FUTURE (revenue growth)97· sector 67
PAST (return on equity)15· sector 27
HEALTH (low debt)91· sector 95
DIVIDEND (yield)29· sector 31
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Tex Year Industries Inc Fair Value". https://www.fairvalue-calculator.com/stock/4720
Frequently asked questions
Is Tex Year Industries Inc (4720) overvalued or undervalued?
As of Nov 8, 2026, our model estimates a fair value of 9.98 TWD versus a price of 27.20 TWD, about 63% lower (overvalued).
What is the fair value of 4720?
Our model-based fair value for Tex Year Industries Inc is 9.98 TWD (as of Nov 8, 2026), built from audited fundamentals. The current price: 27.20 TWD.
What is the quality score of 4720?
Tex Year Industries Inc has a Quality Score of 50/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Tex Year Industries Inc (4720)?
Our model-based price target is the fair value of 9.98 TWD (as of Nov 8, 2026) from 15 valuation models. Cautious scenario 7.10 TWD, optimistic scenario 11.81 TWD. It is a calculation from audited fundamentals, not an analyst target.
What is the Tex Year Industries Inc stock forecast for 2026?
Our models put fair value at 9.98 TWD, about 63% lower versus a price of 27.20 TWD (overvalued). Cautious scenario 7.10 TWD, optimistic scenario 11.81 TWD. The calculation is refreshed regularly with new filings.
What is the revenue of Tex Year Industries Inc (4720)?
Tex Year Industries Inc reported trailing-twelve-month revenue of about 3.8B TWD (latest available figure, as of Nov 8, 2026).
Does Tex Year Industries Inc pay a dividend?
Tex Year Industries Inc currently shows a dividend yield of 1.47% relative to its recent price (as of Nov 8, 2026).
How much is the dividend of Tex Year Industries Inc (4720) and when is the ex-dividend date?
Tex Year Industries Inc pays a dividend of 0.4 TWD per share a year, a dividend yield of 1.5%. The last ex-dividend date was Jul 9, 2026. The payout ratio is 71.4% of earnings. Our assessment: Watch coverage. The dividend isn’t fully covered by free cash flow or earnings, part of it is funded from reserves or debt. Fine for now, but worth watching: if it stays uncovered, the dividend could be cut.
What is the intrinsic value of Tex Year Industries Inc (4720)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Tex Year Industries Inc it is 9.98 TWD per share (as of Nov 8, 2026), against a price of 27.20 TWD. It is the blended result of 15 valuation models in 6 families (Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings).
Is Tex Year Industries Inc stock overvalued or undervalued in 2026?
As of Nov 8, 2026, 4720 trades above its calculated fair value: price 27.20 TWD, fair value 9.98 TWD, a gap of about −63% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 4720?
No. The price is what the market pays today (27.20 TWD); the fair value is what the company's own numbers justify (9.98 TWD). For Tex Year Industries Inc the two are 17.22 TWD per share apart. That gap is exactly why we show both numbers side by side.
How much is Tex Year Industries Inc worth?
The market values Tex Year Industries Inc at about 3.1B TWD (market capitalisation, as of Nov 8, 2026). Per share that is 27.20 TWD; our models calculate a fair value of 9.98 TWD per share.
What do the bullish and bearish scenarios say about 4720?
Our models span a range for Tex Year Industries Inc: cautious scenario 7.10 TWD, base 9.98 TWD, optimistic 11.81 TWD per share (as of Nov 8, 2026, price 27.20 TWD). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 4720?
Tex Year Industries Inc trades at a price-to-earnings ratio of 48.6 (as of Nov 8, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 9.98 TWD is built from several models across several years. Median P/E at fiscal year-end, 5 fiscal years (2021 to 2025), reported earnings: 25.1. Other multiples: P/B 1.9, P/S 0.8, EV/EBITDA 17.4.
How solid is the balance sheet of Tex Year Industries Inc (4720)?
Balance-sheet figures for Tex Year Industries Inc (as of Nov 8, 2026): return on equity 3.8%, debt of 0.19 per unit of equity. They feed the Quality Score of 50/100, which measures business quality independently of the share price.
How far is 4720 from its 52-week high?
Tex Year Industries Inc trades at 27.20 TWD, about 20% below its 52-week high of 34.00 TWD and 102% above the low of 13.45 TWD (as of Nov 9, 2026). Distance from the high says nothing about value: that is what the fair value of 9.98 TWD is for.
Which stocks are comparable to Tex Year Industries Inc?
From the same area (Basic Materials) we also value Linde plc, Ecolab Inc, The Sherwin-Williams Company, Nan Ya Plastics Corporation, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Tex Year Industries Inc stock attractive at the current price?
The data as of Nov 8, 2026: price 27.20 TWD, calculated fair value 9.98 TWD (−63%), Quality Score 50/100, from 15 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 4720 calculated?
We run Tex Year Industries Inc through 15 models from 6 families: Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of 9.98 TWD builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. Tex Year Industries Inc itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Tex Year Industries Inc (4720)?
The closing price on Nov 9, 2026 was 27.20 TWD. Our model-based fair value is 9.98 TWD, about 63% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Tex Year Industries Inc right now?
The price sits above even our optimistic bull case (11.81 TWD). The favourable scenario is already priced in. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid but not exceptional quality (50/100) and above fair value, neither a clear bargain nor a standout compounder.
Where does the earnings growth of Tex Year Industries Inc (4720) come from?
Earnings per share at Tex Year Industries Inc grew −0.9 % a year from 2014 to 2025. Broken into its drivers: revenue per share +0.8 %, EBIT margin −2.1 %, tax rate −0.5 %, residual (interest, one-offs) +0.9 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Tex Year Industries Inc
How large is the market capitalisation of Tex Year Industries Inc (4720)?
The market capitalisation of Tex Year Industries Inc is 3.1B TWD (≈ $95.6M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Tex Year Industries Inc (4720)?
The price-to-sales ratio of Tex Year Industries Inc is 0.83 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Tex Year Industries Inc (4720)?
Earnings per share at Tex Year Industries Inc are 0.5600 TWD (price ÷ EPS = P/E 48.6). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Tex Year Industries Inc (4720)?
The dividend yield of Tex Year Industries Inc is 1.5% (payout 71.4%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Tex Year Industries Inc (4720)?
The net margin of Tex Year Industries Inc is 1.7% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Tex Year Industries Inc (4720)?
The return on equity (ROE) of Tex Year Industries Inc is 3.8% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Tex Year Industries Inc (4720)?
On an EBIT basis the return on assets of Tex Year Industries Inc is 2.7% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Tex Year Industries Inc (4720)?
The operating margin of Tex Year Industries Inc is −0.9% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Tex Year Industries Inc (4720)?
Revenue at Tex Year Industries Inc is growing +19.4% versus a year earlier (3y avg −0.6%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Tex Year Industries Inc (4720)?
Earnings per share at Tex Year Industries Inc are growing −39.6% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Tex Year Industries Inc (4720) generate?
The free cash flow of Tex Year Industries Inc is −274M TWD (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Tex Year Industries Inc (4720) carry?
The net debt of Tex Year Industries Inc is 499M TWD (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Thin data
Nov 8, 2026