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Sinmag Equipment Corporation (1580) Fair Value & Analysis

Industrials · TW · Market cap 5.6B TWD

SE Sinmag Equipment Corporation 1580 · TWO
Price112.50 TWD
Fair Value237.04 TWD
Upside+110.7%
Quality76/100
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Healthy Growth
Solidly profitable · 12.7% net margin
Low debt · generates free cash flow
7.46% dividend yield
Ranks above peers (13/14)
Wide moat 69/100
Evidence: High Range 164.80 TWD – 316.13 TWD Share as image

Fair value as of: Jul 23, 2026

From 25 valuation models · updated 18 days ago

Share price −3.3% over the past month.

A strong business, screening 111% undervalued on our models.

What matters now

  • The rarer combination: high quality (76/100) AND below fair value. That earns a closer look rather than a quick verdict.
  • The price is below even our cautious bear case (164.80 TWD). The market is more pessimistic than our downside scenario.
  • A fairly wide model range (164.80 TWD to 316.13 TWD) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

162.00 TWD 78.54 TWD Fair Value 237.04 TWD Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 23, 2026.

How to read this chart

60‑month range 78.54 TWD – 162.00 TWD · fair‑value band 164.80 TWD – 316.13 TWD · the 112.50 TWD price screens below the 237.04 TWD fair value. Dashed = 300-day average. As of Jul 23, 2026.

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Analysis

Sinmag Equipment Corporation (1580) currently trades at 112.50 TWD, while our model-based Fair Value estimate is 237.04 TWD, implying the stock looks roughly 110.7% undervalued today. The Quality Score stands at 76/100 (high quality), in the Industrials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, Sinmag Equipment Corporation generated revenue of 4.9B TWD at a net margin of 12.7%. Revenue grew 0.5% year over year. It earns a return on equity of 21.2%. The balance sheet holds a net cash position of 941M TWD. Fundamentals as of Jul 23, 2026

Our scenario range runs from 164.80 TWD (bear case) to 316.13 TWD (bull case); at 112.50 TWD, the current price sits below 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 25% below its 52-week high, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -48% fair-value upside, at 111%, 1580 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 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. Evidence
Highest evidence
Growth DCF 133.18 TWD 171.61 TWD 221.04 TWD 80
Residual Income 76.67 TWD 93.94 TWD 215.07 TWD 76
Rev-Margin DCF 135.90 TWD 194.28 TWD 255.31 TWD 74
All 25 models by family
DCF Models
FCF DCF 130.07 TWD 171.01 TWD 225.72 TWD 38
Owner Earnings 136.27 TWD 179.59 TWD 237.48 TWD 31
5Y Revenue Exit 135.90 TWD 192.92 TWD 262.41 TWD 39
5Y EBITDA Exit 176.40 TWD 263.81 TWD 360.33 TWD 41
5Y P/E Exit 171.02 TWD 254.39 TWD 336.15 TWD 38
10Y Revenue Exit 129.28 TWD 178.62 TWD 238.06 TWD 36
10Y EBITDA Exit 157.24 TWD 225.06 TWD 306.80 TWD 37
10Y P/E Exit 153.97 TWD 218.89 TWD 289.83 TWD 35
Earnings-Based
Graham-Dodd 85.79 TWD 181.10 TWD 229.46 TWD 54
PEG = 1.0 27.29 TWD 38.99 TWD 50.68 TWD 46
EPV 139.46 TWD 157.80 TWD 173.63 TWD 59
Dividend Discount
Gordon GGM 80.47 TWD 119.41 TWD 159.29 TWD 70
DDM Multi-Stage 80.47 TWD 113.25 TWD 149.16 TWD 61
Multiples
P/E Multiple 198.71 TWD 264.95 TWD 331.18 TWD 63
P/S Multiple 148.33 TWD 197.78 TWD 247.22 TWD 58
P/B Multiple 160.86 TWD 214.48 TWD 268.10 TWD 55
EV/EBIT 263.47 TWD 343.53 TWD 423.59 TWD 53
EV/EBITDA 231.98 TWD 301.55 TWD 371.12 TWD 54
EV/Revenue 147.88 TWD 201.28 TWD 254.68 TWD 43
Asset-Based
NCAV (Graham) 32.56 TWD 43.63 TWD 65.12 TWD 50
Growth DCF
Growth DCF 133.18 TWD 171.61 TWD 221.04 TWD 80
Rev-Margin DCF 135.90 TWD 194.28 TWD 255.31 TWD 74
Economic Profit
Residual Income 76.67 TWD 93.94 TWD 215.07 TWD 76
ROIC Compounder 142.86 TWD 166.07 TWD 189.18 TWD 72
Growth Earnings
Growth-Adj P/E 146.03 TWD 208.62 TWD 271.21 TWD 68

Widest divergence: Multiples (214.48 TWD) versus Asset-Based (43.63 TWD). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 4.9B TWD
Revenue growth (YoY) +0.5%
Net margin 12.7%
Return on equity 21.2%
Free cash flow 530M TWD FY2025
P/E ratio 9.1
More key figures
Operating margin 19.3%
EPS (TTM) 12.51 TWD
Dividend yield 7.5%
EPS growth (YoY) +1.1%
Net cash 941M TWD FY2023

Figures from reported company fundamentals · as of Jul 23, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 76/100

Of which business quality 74 · Market factors (momentum, volatility) 42

Profitability 74
Margins and returns on capital today
Quality Growth 50
Are margins and returns improving?
Cashflow 54
Earnings quality: real cash, not paper profit
Fin. Strength 97
Balance sheet, leverage, solvency risk
Investment 73
Disciplined investing over empire-building
Low Volatility 99
Calm price path (market factor)
Momentum 26
Price trend over the last 3–12 months (market factor)
52W Momentum 5
Distance to the 52-week high (market factor)
Net Issuance 94
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

Sinmag Equipment Corporation engages in the manufacturing, research and development, sale, and after services in the bakery and kitchen equipment field in Taiwan, China, and the United States.

Full company description

Sinmag Equipment Corporation engages in the manufacturing, research and development, sale, and after services in the bakery and kitchen equipment field in Taiwan, China, and the United States. The company offers bakery equipment, such as working table, deck oven and proofer, refrigerator, in-store equipment, planetary and spiral mixer, slicer, divider rounder, molder, sheeter, as well as convection, rack, deck, and tunnel oven; and toast, burger, pizza, and croissant line. It also provides food service equipment, including pizza and meat processing equipment, and rotisserie equipment. The company was incorporated in 1983 and is based in New Taipei City, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Sinmag Equipment Corporation reported revenue of 4.9B TWD in FY2025 versus 4.3B TWD in FY2021, a compound +3.2%/yr. Reported net income was 622M TWD in FY2025, compounding +5.1%/yr from FY2021.

Growth Quality 86/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
4.9B TWD
Latest YoY
+1.8%
Avg. growth/yr (3Y) 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.
+7.4%
Avg. growth/yr (5Y) 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.
+8.1%
Avg. growth/yr (8Y) 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.
+0.7%
Revenue +3.2%/yr
FY21 4.3B TWD
FY22 3.9B TWD
FY23 4.5B TWD
FY24 4.8B TWD
FY25 4.9B TWD
Net income +5.1%/yr
FY21 510M TWD
FY22 337M TWD
FY23 603M TWD
FY24 683M TWD
FY25 622M TWD

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Cite: Fair Value Calculator (2026). "Sinmag Equipment Corporation Fair Value". https://www.fairvalue-calculator.com/stock/1580

Peer Group

Specialty Industrial Machinery · 808 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 76 · Top 25%
Fair Value upside +111% · Top 25%
Return on equity (TTM) 21% · Top 25%
Return on assets 12% · Top 25%
Net margin (TTM) 13% · Top 25%
Operating margin (TTM) 19% · Top 25%
Revenue growth 1% · Below median
Dividend yield (TTM) 7.5% · Top 25%

Valuation Multiples vs Specialty Industrial Machinery median · lower = cheaper

P/E (TTM) 9.1× · Cheaper than 75% of peers
P/B 1.75× · Cheaper than median
P/S (TTM) 1.15× · Cheaper than median
P/FCF 0.3× · Cheaper than 75% of peers
EV/EBITDA 4.4× · Cheaper 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 100 · sector 0
FUTURE 3 · sector 23
PAST 85 · sector 28
HEALTH 100 · sector 96
DIVIDEND 100 · 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.

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Zhejiang Sanhua Intelligent Controls Co 002050 ¥43.20 ¥22.68 -48%
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Frequently asked questions

Is Sinmag Equipment Corporation (1580) overvalued or undervalued?
As of Jul 23, 2026, our model estimates a fair value of 237.04 TWD versus a price of 112.50 TWD, about +111% (undervalued).
What is the fair value of 1580?
Our model-based fair value for Sinmag Equipment Corporation is 237.04 TWD (as of Jul 23, 2026), built from audited fundamentals. The current price is 112.50 TWD.
What is the quality score of 1580?
Sinmag Equipment Corporation has a Quality Score of 76/100. 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 Sinmag Equipment Corporation (1580)?
Sinmag Equipment Corporation reported trailing-twelve-month revenue of about 4.9B TWD (latest available figure, as of Jul 23, 2026).
What is the net profit margin of 1580?
The net profit margin of Sinmag Equipment Corporation is about 12.7%, meaning it keeps roughly 12.7% of revenue as net income. Based on the latest reported figures.
Does Sinmag Equipment Corporation pay a dividend?
Sinmag Equipment Corporation currently shows a dividend yield of about 6.83% relative to its recent price (as of Jul 23, 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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