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Kinik Company (1560) Fair Value & Analysis

Industrials · TW · Market cap 112B TWD

KC Kinik Company 1560 · TW
Price662.00 TWD
Fair Value137.82 TWD
Upside-79.2%
Quality61/100
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Healthy Growth
Solidly profitable · 17.4% net margin
Low debt · generates free cash flow
Mixed vs. peers (6/14)
Wide moat 66/100
Evidence: High Range 80.58 TWD – 192.33 TWD Share as image

Fair value as of: Jul 16, 2026

From 26 valuation models · updated 25 days ago

Fair value updated Jul 16, 2026, revised from 141.85 TWD to 137.82 TWD (−2.8%) since Jul 7, 2026. Share price −5.2% over the past month.

A solid business, but screening 79% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (192.33 TWD). The favourable scenario is already priced in.
  • Solid but not exceptional quality (61/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (80.58 TWD to 192.33 TWD) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

769.00 TWD 53.13 TWD Fair Value 137.82 TWD Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 16, 2026.

How to read this chart

60‑month range 53.13 TWD – 769.00 TWD · fair‑value band 80.58 TWD – 192.33 TWD · the 662.00 TWD price screens above the 137.82 TWD fair value. Dashed = 300-day average. As of Jul 16, 2026.

Full chart & analysis →

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Analysis

Kinik Company (1560) currently trades at 662.00 TWD, while our model-based Fair Value estimate is 137.82 TWD, implying the stock looks roughly 79.2% overvalued today. The Quality Score stands at 61/100 (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, Kinik Company generated revenue of 8.1B TWD at a net margin of 16.7%. Revenue grew 18.4% year over year. It earns a return on equity of 17.6%. Net debt stands at 845M TWD. Fundamentals as of Jul 16, 2026

Our scenario range runs from 80.58 TWD (bear case) to 192.33 TWD (bull case); at 662.00 TWD, the current price sits above 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 last reported earnings sit well below what analysts expect (earnings in transition, for example after write-downs or an earnings dip); whether the stock is cheap or expensive hinges on the expected recovery actually arriving. Read the fair value with that caveat. The share trades about 12% below its 52-week high and 139% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -26% fair-value upside, at -79%, 1560 screens richer 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 64.54 TWD 99.90 TWD 151.81 TWD 80
Residual Income 59.27 TWD 76.11 TWD 207.93 TWD 76
Rev-Margin DCF 63.46 TWD 105.91 TWD 156.22 TWD 74
All 26 models by family
DCF Models
FCF DCF 63.80 TWD 104.63 TWD 169.04 TWD 38
Owner Earnings 71.38 TWD 116.88 TWD 188.65 TWD 31
5Y Revenue Exit 63.46 TWD 106.24 TWD 161.70 TWD 39
5Y EBITDA Exit 94.96 TWD 166.63 TWD 252.22 TWD 41
5Y P/E Exit 104.47 TWD 184.87 TWD 271.58 TWD 38
10Y Revenue Exit 60.82 TWD 100.34 TWD 155.26 TWD 36
10Y EBITDA Exit 83.24 TWD 142.83 TWD 225.97 TWD 37
10Y P/E Exit 89.36 TWD 155.67 TWD 241.09 TWD 35
Earnings-Based
Graham-Dodd 61.54 TWD 214.87 TWD 288.86 TWD 54
Lynch FV 49.99 TWD 71.41 TWD 92.83 TWD 50
PEG = 1.0 49.99 TWD 71.41 TWD 92.83 TWD 46
EPV 63.56 TWD 74.55 TWD 84.18 TWD 59
Dividend Discount
Gordon GGM 35.69 TWD 74.21 TWD 117.72 TWD 70
DDM Multi-Stage 35.69 TWD 62.29 TWD 77.88 TWD 61
Multiples
P/E Multiple 142.55 TWD 190.06 TWD 237.58 TWD 63
P/S Multiple 81.34 TWD 108.45 TWD 135.56 TWD 58
P/B Multiple 115.40 TWD 153.86 TWD 192.33 TWD 55
EV/EBIT 108.14 TWD 145.00 TWD 181.85 TWD 53
EV/EBITDA 124.04 TWD 166.19 TWD 208.34 TWD 54
EV/Revenue 65.90 TWD 95.18 TWD 124.46 TWD 43
Asset-Based
NCAV (Graham) 27.10 TWD 36.31 TWD 54.19 TWD 50
Growth DCF
Growth DCF 64.54 TWD 99.90 TWD 151.81 TWD 80
Rev-Margin DCF 63.46 TWD 105.91 TWD 156.22 TWD 74
Economic Profit
Residual Income 59.27 TWD 76.11 TWD 207.93 TWD 76
ROIC Compounder 66.33 TWD 86.37 TWD 112.30 TWD 72
Growth Earnings
Growth-Adj P/E 122.82 TWD 175.46 TWD 228.10 TWD 68

Widest divergence: Growth Earnings (175.46 TWD) versus Asset-Based (36.31 TWD). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 8.7B TWD
Revenue growth (YoY) +29.4%
Net margin 17.4%
Return on equity 19.6%
Free cash flow 850M TWD FY2025
P/E ratio 81.4
More key figures
Operating margin 19.4%
EPS (TTM) 9.11 TWD
EPS growth (YoY) +50.4%
Net debt 845M TWD FY2025

Figures from reported company fundamentals · as of Jul 16, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 61/100

Of which business quality 60 · Market factors (momentum, volatility) 73

Profitability 55
Margins and returns on capital today
Quality Growth 48
Are margins and returns improving?
Cashflow 52
Earnings quality: real cash, not paper profit
Fin. Strength 84
Balance sheet, leverage, solvency risk
Investment 40
Disciplined investing over empire-building
Low Volatility 33
Calm price path (market factor)
Momentum 91
Price trend over the last 3–12 months (market factor)
52W Momentum 87
Distance to the 52-week high (market factor)
Net Issuance 75
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

Kinik Company produces and sells various abrasives, cutting tools, and reclaimed wafers in Taiwan and internationally. It offers conventional grinding wheels, diamond/CBN grinding wheels, DLC coatings, reclaimed wafers, porous ceramic chuck tables, CMP diamond disks, ultra precision machining tools, dicing blades, diamond rollers, wafer grinding wheels, …

Full company description

Kinik Company produces and sells various abrasives, cutting tools, and reclaimed wafers in Taiwan and internationally. It offers conventional grinding wheels, diamond/CBN grinding wheels, DLC coatings, reclaimed wafers, porous ceramic chuck tables, CMP diamond disks, ultra precision machining tools, dicing blades, diamond rollers, wafer grinding wheels, diamond and CBN honey comb wheels, and anti-slip type vacuum chucks. The company was founded in 1953 and is headquartered in New Taipei City, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Kinik Company reported revenue of 8.1B TWD in FY2025 versus 6.0B TWD in FY2021, a compound +7.8%/yr. Reported net income was 1.4B TWD in FY2025, compounding +19.1%/yr from FY2021.

Growth Quality 90/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
8.1B TWD
Latest YoY
+16.1%
Avg. growth/yr (3Y)
+5.7%
Avg. growth/yr (5Y)
+9.6%
Avg. growth/yr (23Y)
+8.3%
Revenue +7.8%/yr
FY21 6.0B TWD
FY22 6.9B TWD
FY23 6.4B TWD
FY24 7.0B TWD
FY25 8.1B TWD
Net income +19.1%/yr
FY21 677M TWD
FY22 1.2B TWD
FY23 852M TWD
FY24 1.0B TWD
FY25 1.4B TWD

1560 screens 79% overvalued. Compare with Techtronic Industries Company →

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Cite: Fair Value Calculator (2026). "Kinik Company Fair Value". https://www.fairvalue-calculator.com/stock/1560

Peer Group

Tools & Accessories · 120 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 61 · Above median
Fair Value upside −79% · Bottom 25%
Return on equity (TTM) 20% · Top 25%
Return on assets 7% · Top 25%
Net margin (TTM) 17% · Top 25%
Operating margin (TTM) 19% · Top 25%
Revenue growth 29% · Top 25%
Dividend yield (TTM) 0.0% · Bottom 25%
Debt / equity 0.24× · Higher than median

Valuation Multiples vs Tools & Accessories median · lower = cheaper

P/E (TTM) 81.4× · Pricier than 75% of peers
P/B 13.69× · Pricier than 75% of peers
P/S (TTM) 12.86× · Pricier than 75% of peers
P/FCF 4.1× · Pricier than median
EV/EBITDA 52.3× · Pricier than 75% of peers

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 0 · sector 3
FUTURE 100 · sector 14
PAST 79 · sector 28
HEALTH 88 · sector 96
DIVIDEND 0 · sector 36

VALUE 0: the price sits above our fair-value range.

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 Tools & Accessories stocks, each showing price versus our Fair Value estimate (as of Jul 16, 2026).

Stock Price Fair Value vs Fair Value
Techtronic Industries Company 0669 HK$129.60 HK$81.05 -37%
Snap-on Incorporated SNA $410.99 $350.46 -15%
RBC Bearings Incorporated RBC $595.49 $184.29 -69%
Lincoln Electric Holdings LECO $252.58 $154.80 -39%
Stanley Black & Decker, Inc SWK $88.22 $54.24 -39%
AB SKF (publ) SKFB kr 258.90 kr 192.57 -26%
The Timken Company TKR $139.47 $66.33 -52%
The Toro Company TTC $94.42 $69.71 -26%
SFS Group SFSN CHF 140.00 CHF 118.30 -16%
Hangzhou Greatstar Industrial Co 002444 ¥29.33 ¥35.72 +22%

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Frequently asked questions

Is Kinik Company (1560) overvalued or undervalued?
As of Jul 16, 2026, our model estimates a fair value of 137.82 TWD versus a price of 662.00 TWD, about −79% (overvalued).
What is the fair value of 1560?
Our model-based fair value for Kinik Company is 137.82 TWD (as of Jul 16, 2026), built from audited fundamentals. The current price is 662.00 TWD.
What is the quality score of 1560?
Kinik Company has a Quality Score of 61/100. 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 Kinik Company (1560)?
Kinik Company reported trailing-twelve-month revenue of about 8.1B TWD (latest available figure, as of Jul 16, 2026).
What is the net profit margin of 1560?
The net profit margin of Kinik Company is about 16.7%, meaning it keeps roughly 16.7% of revenue as net income. Based on the latest reported figures.

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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