Shihlin Electric & Engineering Corp (1503) fair value: what the stock is really worth
As of Nov 9, 2026: fair value (intrinsic value) of Shihlin Electric & Engineering Corp stock TWD 114, price TWD 175, that is 34.8% below the price, quality 64 out of 100. Rating: overvalued. Calculated from audited financials with 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 46.97 TWD – 344.50 TWD · fair‑value band 85.22 TWD – 150.13 TWD · the 174.50 TWD price screens above the 113.85 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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Shihlin Electric & Engineering Corp. manufactures and sells heavy electrical equipment and machinery and automotive electrical equipment, devices, and related parts in Taiwan, Mainland China, Vietnam, and internationally.
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The company offers automobile parts, such as alternators, starters, wiper systems, and fan motors; traction motor and motor controller EV powertrains; EV chargers; motorcycle parts, including ISG, AC generator, fuel pumps, and ignition coils; and DC, gear, transaxle motor.
It also provides breaker switchgear and systems consisting of miniature circuit breakers, molded case circuit breakers, air circuit breakers, magnetic contactors/switches, manual motor starters, surge protective devices, renewable energy solutions, digital power meter, and automatic transfer switches; and heavy electric systems, such as power and oil immersed transformers, cast resin transformers, pad and pole mounted transformers, PT/CT products, high voltage switches, and capacitors.
In addition, the company offers factory automation products that include AC drives, HMI products, AC servo motors and drives, and temperature controllers; and automatic handling systems, as well as digital products.
Further, it is involved in the operating, sale, and maintenance of vending machines; manufacture and sale of aluminum alloy die-casting, lathe, cutting, and molding products; trading of mechanical appliances and vehicle components; competitive and recreational sports business; investment and installation businesses; management consulting services; power transmission and generation manufacturing, distribution, and sale; manufacture of machinery and renewable energy equipment; marketing promotions services; manufacturing and sale of high and low pressure switch; and sale and lease of commercial buildings.
The company was incorporated in 1955 and is based in Taipei, Taiwan.
Stock analysis
Shihlin Electric & Engineering Corp (1503) currently trades at 174.50 TWD, while our model-based Fair Value estimate is 113.85 TWD, 35% 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 122.93 TWD per share, and 0 of the 26 models we run sit above the 174.50 TWD price.
Bear case: the Earnings-Based group reads lowest at 53.75 TWD, and 26 of the 26 models stay below the price. Data coverage for this calculation is high.
Scenario range: 85.22 TWD (bear) to 150.13 TWD (bull), the price of 174.50 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 64/100 (solid quality), in the Industrials sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Shihlin Electric & Engineering Corp reported revenue of 37.2B TWD in FY2025 versus 27.7B TWD in FY2021, a compound +7.6%/yr. Reported net income was 3.3B TWD in FY2025, compounding +16.0%/yr from FY2021.
Key figures
Market cap 94.0B TWD (≈ $2.9B) Mid · P/E ratio 24.1 · P/S ratio 2.40 · EPS (TTM) 7.25 TWD · Dividend yield 2.9% · Net margin 9.7% · Return on equity 10.3% · Return on assets (EBIT) 5.7% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 50 out of 100 (low confidence).
What moves the price
The share trades about 35% below its 52-week high and 10% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −36% fair-value upside, at −35%, 1503 screens cheaper than that median.
Fair Value models
Bear85.22 TWDFair Value 113.85 TWDBull150.13 TWD
Price 174.50 TWD · Downside -34.8%
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 (1.93 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.75/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+6.0%
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.
+6.5%
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.
+7.7%
Start year 2020 (pandemic). Over 10 years: +6.4% a year
Revenue growth 23 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.
+5.5%
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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.
+16.6%
Earnings growth per share plus dividend.
Earnings per share, growth per year+13.7%
Dividend (yield on the price)2.9%
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.13.7% vs 9.8%, 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.9% → 12%
Pace: the 5-year rate starts in 2020 (pandemic)
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+13.6%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (Taiwan: IMF forecast 1.6% a year to 2030, 1.5% from 2016 to 2025) that is about +11.8% a year for the price.
Compare Shihlin Electric & Engineering Corp with another stock
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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.Electrical Equipment & Parts · 564 stocks
Beats the industry median on 9/14 measures
Overall it ranks above its industry peers.
Valuation
Quality Score64 · Top 25%
Fair Value upside−34.8% · Above median
Profitability
Return on equity (12 months)10.3% · Above median
Return on assets5.4% · Above median
Net margin (12 months)9.7% · Above median
Operating margin (12 months)13.3% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)7.9% · Below median
Dividend yield (12 months)2.9% · Top 25%
Valuation Multiplesvs Electrical Equipment & Parts median · lower = cheaper
P/E (12 months)24.1× · Cheaper than median
P/B2.59× · Pricier than median
P/S (12 months)2.40× · Pricier than median
Price / free cash flow (fiscal year)23.6× · Cheaper than median
EV/EBITDA16.5× · Pricier than median
PEG9.47× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 0
FUTURE (revenue growth)40· sector 66
PAST (return on equity)41· sector 25
HEALTH (low debt)100· sector 97
DIVIDEND (yield)57· sector 23
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). "Shihlin Electric & Engineering Corp Fair Value". https://www.fairvalue-calculator.com/stock/1503
Frequently asked questions
Is Shihlin Electric & Engineering Corp (1503) overvalued or undervalued?
As of Nov 8, 2026, our model estimates a fair value of 113.85 TWD versus a price of 174.50 TWD, about 35% lower (overvalued).
What is the fair value of 1503?
Our model-based fair value for Shihlin Electric & Engineering Corp is 113.85 TWD (as of Nov 8, 2026), built from audited fundamentals. The current price: 174.50 TWD.
What is the quality score of 1503?
Shihlin Electric & Engineering Corp has a Quality Score of 64/100. 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 Shihlin Electric & Engineering Corp (1503)?
Our model-based price target is the fair value of 113.85 TWD (as of Nov 8, 2026) from 26 valuation models. Cautious scenario 85.22 TWD, optimistic scenario 150.13 TWD. It is a calculation from audited fundamentals, not an analyst target.
What is the Shihlin Electric & Engineering Corp stock forecast for 2026?
Our models put fair value at 113.85 TWD, about 35% lower versus a price of 174.50 TWD (overvalued). Cautious scenario 85.22 TWD, optimistic scenario 150.13 TWD. The calculation is refreshed regularly with new filings.
What is the revenue of Shihlin Electric & Engineering Corp (1503)?
Shihlin Electric & Engineering Corp reported trailing-twelve-month revenue of about 39.1B TWD (latest available figure, as of Nov 8, 2026).
Does Shihlin Electric & Engineering Corp pay a dividend?
Shihlin Electric & Engineering Corp currently shows a dividend yield of 2.87% relative to its recent price (as of Nov 8, 2026).
How much is the dividend of Shihlin Electric & Engineering Corp (1503) and when is the ex-dividend date?
Shihlin Electric & Engineering Corp pays a dividend of 5.00 TWD per share a year, a dividend yield of 2.9%. The last ex-dividend date was Jul 23, 2026. The payout ratio is 69.0% of earnings. Free cash flow covers the dividend 1.53 times. Our assessment: Sustainable. Payout and cash coverage both look sustainable.
What growth is priced into Shihlin Electric & Engineering Corp (1503)?
For today's price to be fair in a discounted-cash-flow model, Shihlin Electric & Engineering Corp would have to grow free cash flow by +13.6 % per year for five years (discount rate 10.4 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +7.7 % per year. As of Nov 8, 2026.
What discount rate (WACC) does the fair value of 1503 use?
Our models discount Shihlin Electric & Engineering Corp at 10.4 %: a base by market capitalisation (mid), damped by beta 1.04, country premium for Taiwan. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Shihlin Electric & Engineering Corp that is +13.6 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (10.4 %) and the same formula as our fair value.
How much growth has Shihlin Electric & Engineering Corp (1503) delivered so far?
Over the past 5 years revenue at Shihlin Electric & Engineering Corp grew +7.7 % a year. The price currently implies free-cash-flow growth of +13.6 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Shihlin Electric & Engineering Corp (1503) growing?
The median revenue growth in the sector is +7.8 % a year. That is the yardstick for the growth priced into Shihlin Electric & Engineering Corp (+13.6 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Shihlin Electric & Engineering Corp (1503)?
The free-cash-flow yield on the price is 4.25 %: that much free cash flow Shihlin Electric & Engineering Corp produces per unit of market value. When it exceeds the discount rate of our models (10.4 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Shihlin Electric & Engineering Corp (1503)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Shihlin Electric & Engineering Corp it is 113.85 TWD per share (as of Nov 8, 2026), against a price of 174.50 TWD. It is the blended result of 26 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Shihlin Electric & Engineering Corp stock overvalued or undervalued in 2026?
As of Nov 8, 2026, 1503 trades above its calculated fair value: price 174.50 TWD, fair value 113.85 TWD, a gap of about −35% (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 1503?
No. The price is what the market pays today (174.50 TWD); the fair value is what the company's own numbers justify (113.85 TWD). For Shihlin Electric & Engineering Corp the two are 60.65 TWD per share apart. That gap is exactly why we show both numbers side by side.
How much is Shihlin Electric & Engineering Corp worth?
The market values Shihlin Electric & Engineering Corp at about 94.0B TWD (market capitalisation, as of Nov 8, 2026). Per share that is 174.50 TWD; our models calculate a fair value of 113.85 TWD per share.
What do the bullish and bearish scenarios say about 1503?
Our models span a range for Shihlin Electric & Engineering Corp: cautious scenario 85.22 TWD, base 113.85 TWD, optimistic 150.13 TWD per share (as of Nov 8, 2026, price 174.50 TWD). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 1503?
Shihlin Electric & Engineering Corp trades at a price-to-earnings ratio of 24.1 (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 113.85 TWD is built from several models across several years. Median P/E at fiscal year-end, 10 fiscal years (2016 to 2025), reported earnings: 16.6. Other multiples: PEG 9.5, P/B 2.6, P/S 2.4, EV/EBITDA 16.5.
What is the PEG ratio of 1503?
The PEG ratio of Shihlin Electric & Engineering Corp is 9.47 (P/E divided by earnings growth, as of Nov 8, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Shihlin Electric & Engineering Corp (1503)?
Balance-sheet figures for Shihlin Electric & Engineering Corp (as of Nov 8, 2026): return on equity 10.3%. They feed the Quality Score of 64/100, which measures business quality independently of the share price.
How far is 1503 from its 52-week high?
Shihlin Electric & Engineering Corp trades at 174.50 TWD, about 35% below its 52-week high of 268.00 TWD and 10% above the low of 159.00 TWD (as of Nov 9, 2026). Distance from the high says nothing about value: that is what the fair value of 113.85 TWD is for.
Which stocks are comparable to Shihlin Electric & Engineering Corp?
From the same area (Industrials) we also value Contemporary Amperex Technology Co, ABB Ltd, Vertiv Holdings, Delta Electronics (Thailand) Public Company, 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 Shihlin Electric & Engineering Corp stock attractive at the current price?
The data as of Nov 8, 2026: price 174.50 TWD, calculated fair value 113.85 TWD (−35%), Quality Score 64/100, from 26 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 1503 calculated?
We run Shihlin Electric & Engineering Corp through 26 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of 113.85 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. Shihlin Electric & Engineering Corp 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 Shihlin Electric & Engineering Corp (1503)?
The closing price on Nov 9, 2026 was 174.50 TWD. Our model-based fair value is 113.85 TWD, about 35% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Shihlin Electric & Engineering Corp right now?
The price sits above even our optimistic bull case (150.13 TWD). The favourable scenario is already priced in. Solid but not exceptional quality (64/100) and above fair value, neither a clear bargain nor a standout compounder.
Where does the earnings growth of Shihlin Electric & Engineering Corp (1503) come from?
Earnings per share at Shihlin Electric & Engineering Corp grew +9.6 % a year from 2014 to 2025. Broken into its drivers: revenue per share +6.0 %, EBIT margin +4.7 %, tax rate +0.0 %, residual (interest, one-offs) −1.3 %. 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 Shihlin Electric & Engineering Corp
How large is the market capitalisation of Shihlin Electric & Engineering Corp (1503)?
The market capitalisation of Shihlin Electric & Engineering Corp is 94.0B TWD (≈ $2.9B). 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 Shihlin Electric & Engineering Corp (1503)?
The price-to-sales ratio of Shihlin Electric & Engineering Corp is 2.40 (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 Shihlin Electric & Engineering Corp (1503)?
Earnings per share at Shihlin Electric & Engineering Corp are 7.25 TWD (price ÷ EPS = P/E 24.1). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Shihlin Electric & Engineering Corp (1503)?
The dividend yield of Shihlin Electric & Engineering Corp is 2.9% (payout 69.0%). 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 Shihlin Electric & Engineering Corp (1503)?
The net margin of Shihlin Electric & Engineering Corp is 9.7% (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 Shihlin Electric & Engineering Corp (1503)?
The return on equity (ROE) of Shihlin Electric & Engineering Corp is 10.3% (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 Shihlin Electric & Engineering Corp (1503)?
On an EBIT basis the return on assets of Shihlin Electric & Engineering Corp is 5.7% (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 Shihlin Electric & Engineering Corp (1503)?
The operating margin of Shihlin Electric & Engineering Corp is 13.3% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Shihlin Electric & Engineering Corp (1503)?
Revenue at Shihlin Electric & Engineering Corp is growing +7.9% versus a year earlier (3y avg +6.5%). 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 Shihlin Electric & Engineering Corp (1503)?
Earnings per share at Shihlin Electric & Engineering Corp are growing +31.7% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Shihlin Electric & Engineering Corp (1503) hold?
Shihlin Electric & Engineering Corp holds more cash than debt, 3.6B TWD net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
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Broad data
Nov 8, 2026