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Goodway Machine Corp (1583) Fair Value & Analysis

Industrials · TW · Market cap 5.4B TWD (≈ $171M) · ISIN TW0001583003

What is Goodway Machine Corp really worth?

GM Goodway Machine Corp 1583 · TW
Price48.95 TWD
Fair Value5.48 TWD
Upside−88.8%
Quality35/100

Below-average quality, and trading another 793% above our fair value of 5.48 TWD.

As of Aug 30, 2026, the fair value of Goodway Machine Corp is 5.48 TWD per share against a price of 48.95 TWD, so the fair value sits 89% below the price. A model estimate blended from multiple valuation models, recalculated regularly.

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Risks

!Weak Growth (revenue 5y −5.7 %/yr)
!Thin margins · 7.7% net margin
!Low debt · negative free cash flow
!Trails peers (3/10)
!Narrow moat 21/100
!Evidence only low, so the estimate is less certain
!Weak on past: 20 out of 100
!Weak on dividend: 4 out of 100

For context

·0.20% dividend yield
Evidence: Low Range 3.62 TWD – 6.85 TWD

Fair value as of: Aug 30, 2026

From 2 valuation models · updated 7 days ago

Share price −0.3% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The price sits above even our optimistic bull case (6.85 TWD). The favourable scenario is already priced in.
  • Weak quality (35/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • A fairly wide model range (3.62 TWD to 6.85 TWD) leaves room in how you read the outcome.

Price vs Fair Value (5 years)

77.00 TWD 41.80 TWD Fair Value 5.48 TWD Jan 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 30, 2026.

How to read this chart

60‑month range 41.80 TWD – 77.00 TWD · fair‑value band 3.62 TWD – 6.85 TWD · the 48.95 TWD price screens above the 5.48 TWD fair value. Dashed = 300-day average. As of Aug 30, 2026.

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Analysis

Goodway Machine Corp (1583) currently trades at 48.95 TWD, while our model-based Fair Value estimate is 5.48 TWD, implying the stock looks roughly 792.9% overvalued today. The Quality Score stands at 35/100 (below-average quality), in the Industrials sector. How firm this estimate is: it rests on 2 models at a data quality of 80/100, which puts the evidence level at low.

Over the trailing twelve months, Goodway Machine Corp generated revenue of 4.0B TWD at a net margin of 7.7%. Revenue grew 7.9% year over year. It earns a return on equity of 4.9%. Net debt stands at 3.6B TWD. Fundamentals as of Aug 30, 2026

Our scenario range runs from 3.62 TWD (bear case) to 6.85 TWD (bull case); at 48.95 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 share trades about 22% below its 52-week high and 18% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at −52% fair-value upside, at −89%, 1583 screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced 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. Every input is real reported data, nothing guessed.

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
EV/EBITDA best evidence 19.83 TWD 21.36 TWD 22.88 TWD 67
NCAV (Graham) 25.85 TWD 34.63 TWD 51.69 TWD 54
All 2 models by family
Multiples
EV/EBITDA best evidence 19.83 TWD 21.36 TWD 22.88 TWD 67
Asset-Based
NCAV (Graham) 25.85 TWD 34.63 TWD 51.69 TWD 54

Widest divergence: Asset-Based (34.63 TWD) versus Multiples (21.36 TWD). Highest evidence: EV/EBITDA (67).

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Key figures & financial health

P/S ratio 1.40 TTM
EPS (TTM) −4.83 TWD
Dividend yield 0.2%
Net margin −13.6% FY2025
Return on equity 4.9% TTM
Return on assets (EBIT) 3.1% avg 5y
More key figures
Profitability
Operating margin −4.9% TTM
Growth
Revenue (TTM) 4.0B TWD TTM
Revenue growth (YoY) +7.9% 3y avg −15.2%
EPS growth (YoY) −88.2%
Balance sheet & cash flow
Free cash flow −409M TWD FY2025
Net debt 3.6B TWD FY2025

Figures from reported company fundamentals · as of Aug 30, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 35/100

Of which business quality 33 · Market factors (momentum, volatility) 47

Profitability 5
Margins and returns on capital today
Quality Growth 11
Are margins and returns improving?
Cashflow 4
Earnings quality: real cash, not paper profit
Fin. Strength 42
Balance sheet, leverage, solvency risk
Investment 82
Disciplined investing over empire-building
Low Volatility 82
Calm price path (market factor)
Momentum 34
Price trend over the last 3–12 months (market factor)
52W Momentum 31
Distance to the 52-week high (market factor)
Net Issuance 89
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.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Goodway Machine Corp. manufactures and sells CNC lathes and processing machinery in Taiwan, Asia, the United States, Europe, and internationally.

Full company description

Goodway Machine Corp. manufactures and sells CNC lathes and processing machinery in Taiwan, Asia, the United States, Europe, and internationally. The company provides multi-axis, SWISS, vertical, horizontal, flat-bed, and wheel turning products; cylindrical grinding machines; and automation systems, including gantry robotic arm, articulated robotic arm, and automated loading and unloading system. It also offers special machines, automation equipment, and computer-controlled tool machines; international investment and trade; industrial machinery; retail of mechanical appliances; lease of machinery and equipment; designs and produces CNC machine tools and systems, servo devices, and related components. It serves aerospace, automotive, energy, electronics, and heavy machinery industries. Goodway Machine Corp. was founded in 1975 and is based in Taichung, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Goodway Machine Corp reported revenue of 3.9B TWD in FY2025 versus 6.7B TWD in FY2021, a compound −12.8%/yr. Reported net income was −530M TWD in FY2025.

Growth Quality 14/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
3.9B TWD
Latest YoY
−12.1%
Avg. revenue 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.
−15.2%
Avg. revenue 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.
−5.7%
Avg. revenue growth/yr (18Y) 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.
−2.4%
EBIT margin (trend) 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.
13.3% (2020) → −3.8% (2025)
Value creation/yr We only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Revenue −12.8%/yr
FY21 6.7B TWD
FY22 6.4B TWD
FY23 5.3B TWD
FY24 4.4B TWD
FY25 3.9B TWD
Net income
FY21 364M TWD
FY22 708M TWD
FY23 713M TWD
FY24 1.3B TWD
FY25 −530M TWD
Character of growth · EPS growth decomposed (2014-2025) +8.0 % p.a.
Revenue per share −4.3 %

of which total revenue −4.4 % · buybacks/dilution +0.1 %

EBIT margin −11.5 %
Tax rate +2.8 %
Residual (interest, one-offs) +24.0 %

Annual growth per factor. These are factors, not summands: multiplied they give the EPS growth rate, added they do not quite. Start and end points are 3-year averages (details on hover).

1583 screens 793% overvalued. Compare with GE Vernova Inc →

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Cite: Fair Value Calculator (2026). "Goodway Machine Corp Fair Value". https://www.fairvalue-calculator.com/stock/1583.TW

Peer Group

Specialty Industrial Machinery · 792 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 33 · Bottom 25%
Fair Value upside −89% · Bottom 25%
Return on equity (TTM) 5% · Below median
Return on assets −1% · Bottom 25%
Net margin (TTM) 8% · Above median
Operating margin (TTM) −5% · Bottom 25%
Revenue growth 8% · Above median
Dividend yield (TTM) 0.2% · Bottom 25%
Debt / equity 0.09× · Higher than median

Valuation Multiples vs Specialty Industrial Machinery median · lower = cheaper

P/S (TTM) 0.04× · Cheaper than 75% of peers

Strength profile in five axes (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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 0
FUTURE40 · sector 21
PAST20 · sector 28
HEALTH96 · sector 96
DIVIDEND4 · sector 27

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

Similar stocks

10 more Specialty Industrial Machinery stocks, each showing price versus our Fair Value estimate (as of Aug 30, 2026).

Stock Price Fair Value vs Fair Value
GE Vernova Inc GEV $941.84 $131.95 −86%
SIE SIE €289.85 €139.77 −52%
Eaton Corporation ETN $402.78 $168.65 −58%
Parker-Hannifin Corporation PH $995.02 $398.69 −60%
Atlas Copco AB ATCOA kr 206.60 kr 112.59 −46%
Cummins Inc CMI $564.40 $348.94 −38%
Illinois Tool Works Inc ITW $270.12 $145.84 −46%
Emerson Electric Co EMR $155.18 $58.44 −62%
AMETEK, Inc AME $236.25 $125.80 −47%
Rockwell Automation, Inc ROK $417.53 $125.76 −70%

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Frequently asked questions

Is Goodway Machine Corp (1583) overvalued or undervalued?
As of Aug 30, 2026, our model estimates a fair value of 5.48 TWD versus a price of 48.95 TWD, about −89% upside (overvalued).
What is the fair value of 1583?
Our model-based fair value for Goodway Machine Corp is 5.48 TWD (as of Aug 30, 2026), built from audited fundamentals. The current price: 48.95 TWD.
What is the quality score of 1583?
Goodway Machine Corp has a Quality Score of 35/100. 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 Goodway Machine Corp (1583)?
Our model-based price target is the fair value of 5.48 TWD (as of Aug 30, 2026) from 2 valuation models. Cautious scenario 3.62 TWD, optimistic scenario 6.85 TWD. It is a calculation from audited fundamentals, not an analyst target.
What is the Goodway Machine Corp stock forecast for 2026?
Our models put fair value at 5.48 TWD, about −89% upside versus a price of 48.95 TWD (overvalued). Cautious scenario 3.62 TWD, optimistic scenario 6.85 TWD. The calculation is refreshed regularly with new filings.
What is the revenue of Goodway Machine Corp (1583)?
Goodway Machine Corp reported trailing-twelve-month revenue of about 4.0B TWD (latest available figure, as of Aug 30, 2026).
What is the net profit margin of 1583?
The net profit margin of Goodway Machine Corp is about 7.7%, meaning it keeps roughly 7.7% of revenue as net income. Based on the latest reported figures.
Does Goodway Machine Corp pay a dividend?
Goodway Machine Corp currently shows a dividend yield of about 0.20% relative to its recent price (as of Aug 30, 2026).
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