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Chung-Hsin Electric and Machinery Manufacturing Corp (1513) Fair Value & Analysis

Industrials · TW · Market cap 77.8B TWD

CH Chung-Hsin Electric and Machinery Manufacturing Corp 1513 · TW
Price157.50 TWD
Fair Value157.32 TWD
Upside-0.1%
Quality73/100
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Healthy Growth
Solidly profitable · 14.8% net margin
Low debt · generates free cash flow
3.79% dividend yield
Ranks above peers (10/14)
Wide moat 66/100
Evidence: High Range 114.51 TWD – 200.13 TWD Share as image

Fair value as of: Jul 21, 2026

From 26 valuation models · updated 20 days ago

Share price −4.8% over the past month.

A solid business, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • Our model range runs from 114.51 TWD (bear) to 200.13 TWD (bull), base 157.32 TWD. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 73/100 (solid quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

235.50 TWD 36.42 TWD Fair Value 157.32 TWD Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 21, 2026.

How to read this chart

60‑month range 36.42 TWD – 235.50 TWD · fair‑value band 114.51 TWD – 200.13 TWD · the 157.50 TWD price screens above the 157.32 TWD fair value. Dashed = 300-day average. As of Jul 21, 2026.

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Analysis

Chung-Hsin Electric and Machinery Manufacturing Corp (1513) currently trades at 157.50 TWD, while our model-based Fair Value estimate is 157.32 TWD, implying the stock looks roughly 0.1% fairly valued today. The Quality Score stands at 73/100 (solid quality), in the Industrials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Chung-Hsin Electric and Machinery Manufacturing Corp generated revenue of 27.5B TWD at a net margin of 14.8%. Revenue grew 0.7% year over year. It earns a return on equity of 19.7%. Net debt stands at 6.9B TWD. Fundamentals as of Jul 21, 2026

Our scenario range runs from 114.51 TWD (bear case) to 200.13 TWD (bull case); at 157.50 TWD, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 22% below its 52-week high and 11% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -48% fair-value upside, at 0%, 1513 screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Growth DCF 267.24 TWD 400.06 TWD 592.19 TWD 80
Residual Income 51.36 TWD 64.26 TWD 177.91 TWD 76
Rev-Margin DCF 136.35 TWD 190.11 TWD 254.08 TWD 74
All 26 models by family
DCF Models
FCF DCF 263.35 TWD 414.68 TWD 648.62 TWD 38
Owner Earnings 166.44 TWD 261.58 TWD 408.66 TWD 31
5Y Revenue Exit 136.35 TWD 186.63 TWD 247.16 TWD 39
5Y EBITDA Exit 190.99 TWD 289.83 TWD 403.62 TWD 41
5Y P/E Exit 166.86 TWD 244.24 TWD 324.27 TWD 38
10Y Revenue Exit 177.46 TWD 234.70 TWD 306.16 TWD 36
10Y EBITDA Exit 214.59 TWD 306.72 TWD 426.66 TWD 37
10Y P/E Exit 199.14 TWD 274.91 TWD 365.55 TWD 35
Earnings-Based
Graham-Dodd 54.92 TWD 178.94 TWD 239.05 TWD 54
Lynch FV 40.03 TWD 57.18 TWD 74.34 TWD 50
PEG = 1.0 40.03 TWD 57.18 TWD 74.34 TWD 46
EPV 78.66 TWD 91.39 TWD 102.52 TWD 59
Dividend Discount
Gordon GGM 43.01 TWD 89.42 TWD 141.86 TWD 70
DDM Multi-Stage 43.01 TWD 72.62 TWD 93.85 TWD 61
Multiples
P/E Multiple 127.20 TWD 169.60 TWD 212.01 TWD 63
P/S Multiple 83.33 TWD 111.11 TWD 138.89 TWD 58
P/B Multiple 102.97 TWD 137.30 TWD 171.62 TWD 55
EV/EBIT 130.75 TWD 173.56 TWD 216.37 TWD 53
EV/EBITDA 170.82 TWD 226.99 TWD 283.16 TWD 54
EV/Revenue 72.32 TWD 102.32 TWD 132.32 TWD 43
Asset-Based
NCAV (Graham) 20.92 TWD 28.04 TWD 41.85 TWD 50
Growth DCF
Growth DCF 267.24 TWD 400.06 TWD 592.19 TWD 80
Rev-Margin DCF 136.35 TWD 190.11 TWD 254.08 TWD 74
Economic Profit
Residual Income 51.36 TWD 64.26 TWD 177.91 TWD 76
ROIC Compounder 84.57 TWD 106.96 TWD 133.34 TWD 72
Growth Earnings
Growth-Adj P/E 106.88 TWD 152.69 TWD 198.50 TWD 68

Widest divergence: DCF Models (261.58 TWD) versus Asset-Based (28.04 TWD). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 27.5B TWD
Revenue growth (YoY) +0.7%
Net margin 14.8%
Return on equity 19.7%
Free cash flow 11.2B TWD FY2025
P/E ratio 19.5
More key figures
Operating margin 18.5%
EPS (TTM) 8.07 TWD
Dividend yield 3.8%
EPS growth (YoY) +8.9%
Net debt 6.9B TWD FY2025

Figures from reported company fundamentals · as of Jul 21, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 73/100

Of which business quality 72 · Market factors (momentum, volatility) 44

Profitability 51
Margins and returns on capital today
Quality Growth 56
Are margins and returns improving?
Cashflow 100
Earnings quality: real cash, not paper profit
Fin. Strength 73
Balance sheet, leverage, solvency risk
Investment 65
Disciplined investing over empire-building
Low Volatility 65
Calm price path (market factor)
Momentum 39
Price trend over the last 3–12 months (market factor)
52W Momentum 29
Distance to the 52-week high (market factor)
Net Issuance 81
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Chung-Hsin Electric and Machinery Manufacturing Corp. manufactures and sells electric motors and generators in Taiwan and internationally. It operates through Motor Energy; Service; and Engineering and Other segments.

Full company description

Chung-Hsin Electric and Machinery Manufacturing Corp. manufactures and sells electric motors and generators in Taiwan and internationally. It operates through Motor Energy; Service; and Engineering and Other segments. It offers power equipment products; power automation products; electricity meter products; system engineering; power project; and generators, and air conditioning products. The company also provides electrical and mechanical, and property management maintenance services; energy management services; engages in urban regeneration; 10kV switchgear, 0.4kV switchgear, DC power switchgear, and neutral grounding resistor for transformer; and manufactures and sells aluminum casting parts for high voltage power supply equipment. In addition, it offers fuel cell products and microgrid energy storage; precision machining components, that includes aerospace parts, semiconductor equipment parts, pressure vessel fabrication, cases components, and power distribution boxes, as well as control boxes, train door, road noise barrier, and MRT platform screen door, as well as machine tools. Further, the company engages in the design and manufacturing of boost/substation, product of GIS operators and medium voltage switchgear; design, operation, and management of parking and charging station; contract and construction of power transmission and distribution system, power monitoring system engineering, electrical pipeline installation, air conditioning electromechanical, and system engineering; contract and construction of turnkey project for wind power generator, hydro power generator and substation; contract and construction of incinerator and pollution control project., etc.; development, sale, and rental of residential and building project; and production and manufacture of aerospace components, precision machining for components and semiconductor components. Chung-Hsin Electric and Machinery Manufacturing Corp. was founded in 1956 and is based in Taoyuan City, Taiwan.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Chung-Hsin Electric and Machinery Manufacturing Corp reported revenue of 27.4B TWD in FY2025 versus 18.0B TWD in FY2021, a compound +11.1%/yr. Reported net income was 4.0B TWD in FY2025, compounding +19.5%/yr from FY2021.

Growth Quality 96/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
27.4B TWD
Latest YoY
+7.2%
Avg. growth/yr (3Y)
+14.0%
Avg. growth/yr (5Y)
+12.3%
Avg. growth/yr (25Y)
+4.3%
Revenue +11.1%/yr
FY21 18.0B TWD
FY22 18.5B TWD
FY23 22.1B TWD
FY24 25.6B TWD
FY25 27.4B TWD
Net income +19.5%/yr
FY21 2.0B TWD
FY22 2.4B TWD
FY23 1.6B TWD
FY24 3.6B TWD
FY25 4.0B TWD

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Cite: Fair Value Calculator (2026). "Chung-Hsin Electric and Machinery Manufacturing Corp Fair Value". https://www.fairvalue-calculator.com/stock/1513

Peer Group

Specialty Industrial Machinery · 809 stocks

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.

Quality Score 73 · Top 25%
Fair Value upside −0% · Top 25%
Return on equity (TTM) 20% · Top 25%
Return on assets 6% · Top 25%
Net margin (TTM) 15% · Top 25%
Operating margin (TTM) 19% · Top 25%
Revenue growth 1% · Below median
Dividend yield (TTM) 3.8% · Top 25%
Debt / equity 0.12× · Higher than median

Valuation Multiples vs Specialty Industrial Machinery median · lower = cheaper

P/E (TTM) 19.5× · Cheaper than median
P/B 3.76× · Pricier than median
P/S (TTM) 2.83× · Pricier than median
P/FCF 0.2× · Cheaper than 75% of peers
EV/EBITDA 11.2× · Cheaper than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 33 · sector 0
FUTURE 4 · sector 23
PAST 79 · sector 28
HEALTH 94 · sector 96
DIVIDEND 76 · sector 24

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Specialty Industrial Machinery stocks, each showing price versus our Fair Value estimate (as of Jul 21, 2026).

Stock Price Fair Value vs Fair Value
GE Vernova Inc 1GEV €887.60 €186.93 -79%
1SIE 1SIE €273.20 €91.93 -66%
SMNS SMNS C$31.76 C$22.68 -29%
Eaton Corporation ETN $407.28 $171.92 -58%
Atlas Copco AB ATCOA kr 195.15 kr 112.59 -42%
Sandvik AB SAND kr 384.10 kr 193.01 -50%
Doosan Enerbility Co 034020 76,400 KRW 7,938 KRW -90%
Vestas Wind Systems A/S VWS kr 178.10 kr 124.54 -30%
Zhejiang Sanhua Intelligent Controls Co 002050 ¥43.20 ¥22.68 -48%
NARI Technology Co 600406 ¥22.19 ¥18.71 -16%

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Frequently asked questions

Is Chung-Hsin Electric and Machinery Manufacturing Corp (1513) overvalued or undervalued?
As of Jul 21, 2026, our model estimates a fair value of 157.32 TWD versus a price of 157.50 TWD, about −0% (fairly valued).
What is the fair value of 1513?
Our model-based fair value for Chung-Hsin Electric and Machinery Manufacturing Corp is 157.32 TWD (as of Jul 21, 2026), built from audited fundamentals. The current price is 157.50 TWD.
What is the quality score of 1513?
Chung-Hsin Electric and Machinery Manufacturing Corp has a Quality Score of 73/100. 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 revenue of Chung-Hsin Electric and Machinery Manufacturing Corp (1513)?
Chung-Hsin Electric and Machinery Manufacturing Corp reported trailing-twelve-month revenue of about 27.5B TWD (latest available figure, as of Jul 21, 2026).
What is the net profit margin of 1513?
The net profit margin of Chung-Hsin Electric and Machinery Manufacturing Corp is about 14.8%, meaning it keeps roughly 14.8% of revenue as net income. Based on the latest reported figures.
Does Chung-Hsin Electric and Machinery Manufacturing Corp pay a dividend?
Chung-Hsin Electric and Machinery Manufacturing Corp currently shows a dividend yield of about 3.79% relative to its recent price (as of Jul 21, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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