China Metal Products Co Ltd (1532) fair value: what the stock is really worth
As of Nov 9, 2026: fair value (intrinsic value) of China Metal Products Co Ltd stock TWD 24.64, price TWD 21.65, upside +13.8%, quality 43 out of 100. Rating: undervalued. Calculated from audited financials with 24 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 20.20 TWD – 55.50 TWD · fair‑value band 18.47 TWD – 30.80 TWD · the 21.65 TWD price screens below the 24.64 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 8, 2026.
Follow China Metal Products Co in your weekly email
Every Wednesday you see whether China Metal Products Co is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
China Metal Products Co., Ltd. engages in the manufacture and sale of cast iron products in Taiwan, the United States, Japan, China, Europe, South America, and internationally.
Show moreShow less
The company manufactures and processes metal parts, residential, building development and leasing, operates international tourist hotel, and retail department store. China Metal Products Co., Ltd. was founded in 1972 and is based in Taipei City, Taiwan.
Stock analysis
China Metal Products Co Ltd (1532) currently trades at 21.65 TWD, while our model-based Fair Value estimate is 24.64 TWD, implying the stock looks roughly 12% undervalued today.
Show more
Valuation
Bull case: the Growth DCF group reads highest at a median of 20.95 TWD per share, and 7 of the 22 models we run sit above the 21.65 TWD price.
Bear case: the Earnings-Based group reads lowest at 8.13 TWD, and 15 of the 22 models stay below the price. Data coverage for this calculation is low.
Scenario range: 18.47 TWD (bear) to 30.80 TWD (bull), the price of 21.65 TWD sits inside 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 43/100 (below-average quality), in the Industrials sector.
Mixed Growth: Spin-off in 2014: revenue and profit before it include the divested business. Growth is measured afresh from 2014.
China Metal Products Co Ltd reported revenue of 15.4B TWD in FY2025 versus 18.9B TWD in FY2021, a compound −5.0%/yr. Reported net income was 411M TWD in FY2025, compounding −29.7%/yr from FY2021.
Key figures
Market cap 13.9B TWD (≈ $423M) Small · P/E ratio 17.7 · P/S ratio 0.56 · EPS (TTM) 1.22 TWD · Dividend yield 3.7% · Net margin 3.2% · Return on equity 4.5% · Return on assets (EBIT) 3.1% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 34 out of 100 (medium confidence).
What moves the price
The share trades about 23% below its 52-week high and 7% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −38% fair-value upside, at 14%, 1532 screens cheaper than that median.
Fair Value models
Bear18.47 TWDFair Value 24.64 TWDBull30.80 TWD
Price 21.65 TWD · Upside +13.8%
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 (0.3602 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.
Best data coverage
FCF DCF16.95 TWD22.22 TWD31.05 TWD77
Growth DCF17.49 TWD22.46 TWD30.16 TWD76
Owner Earnings16.62 TWD21.80 TWD30.47 TWD74
All 24 models by family
DCF Models
FCF DCF16.95 TWD22.22 TWD31.05 TWD77
Owner Earnings16.62 TWD21.80 TWD30.47 TWD74
5Y Revenue Exit13.33 TWD18.90 TWD27.04 TWD69
5Y EBITDA Exit17.93 TWD26.82 TWD38.68 TWD72
5Y P/E Exit12.26 TWD17.07 TWD22.92 TWD68
10Y Revenue Exit14.60 TWD18.66 TWD22.91 TWD65
10Y EBITDA Exit17.36 TWD23.03 TWD29.05 TWD67
10Y P/E Exit14.31 TWD17.65 TWD20.73 TWD62
Earnings-Based
Graham-Dodd6.72 TWD8.77 TWD10.05 TWD65
EPV6.36 TWD7.49 TWD8.42 TWD73
Dividend Discount
Gordon GGM7.26 TWD7.79 TWD8.58 TWD67
DDM Multi-Stage7.26 TWD8.62 TWD10.26 TWD65
Multiples
P/E Multiple12.59 TWD16.79 TWD20.99 TWD63
P/S Multiple12.59 TWD16.79 TWD20.99 TWD57
P/B Multiple79.06 TWD105.42 TWD131.77 TWD55
EV/EBITn/an/a2.94 TWD60
EV/EBITDA0.9700 TWD9.22 TWD17.46 TWD58
EV/Revenuen/an/a2.02 TWD49
Asset-Based
NCAV (Graham)6.66 TWD10.09 TWD12.61 TWD54
Growth DCF
Growth DCF17.49 TWD22.46 TWD30.16 TWD76
Rev-Margin DCF13.33 TWD19.43 TWD27.12 TWD69
Economic Profit
Residual Income23.04 TWD23.37 TWD24.28 TWD74
ROIC Compounder6.36 TWD7.49 TWD8.42 TWD69
Growth Earnings
Growth-Adj P/E8.97 TWD12.82 TWD16.66 TWD65
The fair value above starts from this blend and is adjusted for a cyclical trough year.
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.55/100
Spin-off in 2014: revenue and profit before it include the divested business. Growth is measured afresh from 2014.
Revenue growth 1 year
−14.5%
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.
+1.7%
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.
+3.3%
Start year 2020 (pandemic). Over 10 years: −1.2% a year
Revenue growth 11 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.
−0.9%
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
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.
−19.5%
Earnings growth per share plus dividend.
Earnings per share, growth per year−23.2%
Dividend (yield on the price)3.7%
Per share before 2014divided by the spin-off factor 1.02
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.−23.2% vs −14.3%, slowing
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% → 7%
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).
+13.1%
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 +11.3% a year for the price.
Compare China Metal Products Co Ltd with another stock
Price, fair value, quality and upside side by side.
Free, no sign-up
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.Metal Fabrication · 260 stocks
Beats the industry median on 9/14 measures
Overall it ranks above its industry peers.
Valuation
Quality Score43 · Bottom 25%
Fair Value upside+13.8% · Above median
Profitability
Return on equity (12 months)4.5% · Below median
Return on assets1.4% · Below median
Net margin (12 months)5.6% · Above median
Operating margin (12 months)5.5% · Below median
Growth and dividend
Revenue growth (quarter YoY)16.9% · Above median
Dividend yield (12 months)3.7% · Top 25%
Balance sheet
Debt / equity0.52× · Highest 25%
Valuation Multiplesvs Metal Fabrication median · lower = cheaper
P/E (12 months)17.7× · Cheaper than median
P/B0.92× · Cheaper than median
P/S (12 months)1.52× · Cheaper than median
Price / free cash flow (fiscal year)15.8× · Cheaper than median
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). "China Metal Products Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/1532
Frequently asked questions
Is China Metal Products Co Ltd (1532) overvalued or undervalued?
As of Nov 8, 2026, our model estimates a fair value of 24.64 TWD versus a price of 21.65 TWD, about +14% upside (undervalued).
What is the fair value of 1532?
Our model-based fair value for China Metal Products Co Ltd is 24.64 TWD (as of Nov 8, 2026), built from audited fundamentals. The current price: 21.65 TWD.
What is the quality score of 1532?
China Metal Products Co Ltd has a Quality Score of 43/100. 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 China Metal Products Co Ltd (1532)?
Our model-based price target is the fair value of 24.64 TWD (as of Nov 8, 2026) from 24 valuation models. Cautious scenario 18.47 TWD, optimistic scenario 30.80 TWD. It is a calculation from audited fundamentals, not an analyst target.
What is the China Metal Products Co Ltd stock forecast for 2026?
Our models put fair value at 24.64 TWD, about +14% upside versus a price of 21.65 TWD (undervalued). Cautious scenario 18.47 TWD, optimistic scenario 30.80 TWD. The calculation is refreshed regularly with new filings.
What is the revenue of China Metal Products Co Ltd (1532)?
China Metal Products Co Ltd reported trailing-twelve-month revenue of about 16.2B TWD (latest available figure, as of Nov 8, 2026).
Does China Metal Products Co Ltd pay a dividend?
China Metal Products Co Ltd currently shows a dividend yield of 3.70% relative to its recent price (as of Nov 8, 2026).
How much is the dividend of China Metal Products Co Ltd (1532) and when is the ex-dividend date?
China Metal Products Co Ltd pays a dividend of 0.8 TWD per share a year, a dividend yield of 3.7%. The last ex-dividend date was Jul 31, 2026. The payout ratio is 65.6% of earnings. Free cash flow covers the dividend 4.67 times. Our assessment: Sustainable. Payout and cash coverage both look sustainable.
What growth is priced into China Metal Products Co Ltd (1532)?
For today's price to be fair in a discounted-cash-flow model, China Metal Products Co Ltd would have to grow free cash flow by +13.1 % per year for five years (discount rate 11.8 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +3.3 % per year. As of Nov 8, 2026.
What discount rate (WACC) does the fair value of 1532 use?
Our models discount China Metal Products Co Ltd at 11.8 %: a base by market capitalisation (micro), damped by beta 0.35, 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 China Metal Products Co Ltd that is +13.1 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (11.8 %) and the same formula as our fair value.
How much growth has China Metal Products Co Ltd (1532) delivered so far?
Over the past 5 years revenue at China Metal Products Co Ltd grew +3.3 % a year. The price currently implies free-cash-flow growth of +13.1 % 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 China Metal Products Co Ltd (1532) growing?
The median revenue growth in the sector is +9.8 % a year. That is the yardstick for the growth priced into China Metal Products Co Ltd (+13.1 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of China Metal Products Co Ltd (1532)?
The free-cash-flow yield on the price is 11.20 %: that much free cash flow China Metal Products Co Ltd produces per unit of market value. When it exceeds the discount rate of our models (11.8 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of China Metal Products Co Ltd (1532)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For China Metal Products Co Ltd it is 24.64 TWD per share (as of Nov 8, 2026), against a price of 21.65 TWD. It is the blended result of 24 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is China Metal Products Co Ltd stock overvalued or undervalued in 2026?
As of Nov 8, 2026, 1532 trades below its calculated fair value: price 21.65 TWD, fair value 24.64 TWD, a gap of about +14% (undervalued). 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 1532?
No. The price is what the market pays today (21.65 TWD); the fair value is what the company's own numbers justify (24.64 TWD). For China Metal Products Co Ltd the two are 2.99 TWD per share apart. That gap is exactly why we show both numbers side by side.
How much is China Metal Products Co Ltd worth?
The market values China Metal Products Co Ltd at about 13.9B TWD (market capitalisation, as of Nov 8, 2026). Per share that is 21.65 TWD; our models calculate a fair value of 24.64 TWD per share.
What do the bullish and bearish scenarios say about 1532?
Our models span a range for China Metal Products Co Ltd: cautious scenario 18.47 TWD, base 24.64 TWD, optimistic 30.80 TWD per share (as of Nov 8, 2026, price 21.65 TWD). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 1532?
China Metal Products Co Ltd trades at a price-to-earnings ratio of 17.7 (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 24.64 TWD is built from several models across several years. Median P/E at fiscal year-end, 10 fiscal years (2016 to 2025), reported earnings: 15.2. Other multiples: P/B 0.9, P/S 1.5, EV/EBITDA 12.1.
How solid is the balance sheet of China Metal Products Co Ltd (1532)?
Balance-sheet figures for China Metal Products Co Ltd (as of Nov 8, 2026): return on equity 4.5%, debt of 0.52 per unit of equity. They feed the Quality Score of 43/100, which measures business quality independently of the share price.
How far is 1532 from its 52-week high?
China Metal Products Co Ltd trades at 21.65 TWD, about 23% below its 52-week high of 28.20 TWD and 7% above the low of 20.20 TWD (as of Nov 9, 2026). Distance from the high says nothing about value: that is what the fair value of 24.64 TWD is for.
Which stocks are comparable to China Metal Products Co Ltd?
From the same area (Industrials) we also value ATI Inc, Carpenter Technology Corporation, Mueller Industries, Inc, Bharat Forge Limited, 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 China Metal Products Co Ltd stock attractive at the current price?
The data as of Nov 8, 2026: price 21.65 TWD, calculated fair value 24.64 TWD (+14%), Quality Score 43/100, from 24 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 1532 calculated?
We run China Metal Products Co Ltd through 24 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 24.64 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. China Metal Products Co Ltd currently trades 12% below its own fair value, and the market average says nothing about that. 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 China Metal Products Co Ltd (1532)?
The closing price on Nov 9, 2026 was 21.65 TWD. Our model-based fair value is 24.64 TWD, about +14% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with China Metal Products Co Ltd right now?
Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual. The price sits in the lower half of our model range, the side with the larger margin of safety. Read the verdict with care: some models are missing inputs, so the estimate scatters more than usual.
Where does the earnings growth of China Metal Products Co Ltd (1532) come from?
Earnings per share at China Metal Products Co Ltd grew −3.4 % a year from 2014 to 2025. Broken into its drivers: revenue per share −2.9 %, EBIT margin −2.9 %, tax rate +1.3 %, residual (interest, one-offs) +1.1 %. 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 China Metal Products Co Ltd
How large is the market capitalisation of China Metal Products Co Ltd (1532)?
The market capitalisation of China Metal Products Co Ltd is 13.9B TWD (≈ $423M). 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 China Metal Products Co Ltd (1532)?
The price-to-sales ratio of China Metal Products Co Ltd is 0.56 (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 China Metal Products Co Ltd (1532)?
Earnings per share at China Metal Products Co Ltd are 1.22 TWD (price ÷ EPS = P/E 17.7). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of China Metal Products Co Ltd (1532)?
The dividend yield of China Metal Products Co Ltd is 3.7% (payout 65.6%). 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 China Metal Products Co Ltd (1532)?
The net margin of China Metal Products Co Ltd is 3.2% (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 China Metal Products Co Ltd (1532)?
The return on equity (ROE) of China Metal Products Co Ltd is 4.5% (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 China Metal Products Co Ltd (1532)?
On an EBIT basis the return on assets of China Metal Products Co Ltd is 3.1% (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 China Metal Products Co Ltd (1532)?
The operating margin of China Metal Products Co Ltd is 5.5% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at China Metal Products Co Ltd (1532)?
Revenue at China Metal Products Co Ltd is growing +16.9% versus a year earlier (3y avg +1.7%). 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 China Metal Products Co Ltd (1532)?
Earnings per share at China Metal Products Co Ltd are growing +46.2% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does China Metal Products Co Ltd (1532) carry?
The net debt of China Metal Products Co Ltd is 17.5B TWD (fiscal year 2025, ≈ 11.2 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch China Metal Products Co Ltd in the live analysis
One click puts China Metal Products Co Ltd on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.
Thin data
Nov 8, 2026