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Cayman Engley Industrial Co (2239) Fair Value & Analysis

Consumer Cyclical · TW · Market cap 2.3B TWD (≈ $73.7M) · ISIN KYG1991F1081

What is Cayman Engley Industrial Co really worth?

CE Cayman Engley Industrial Co 2239 · TW
Price19.85 TWD
Fair Value89.78 TWD
Upside+352.3%
Quality41/100

Below-average quality, trading 78% below our fair value of 89.78 TWD.

As of Aug 25, 2026, the fair value of Cayman Engley Industrial Co is 89.78 TWD per share against a price of 19.85 TWD, so the fair value sits 352% above the price. A model estimate blended from multiple valuation models, recalculated regularly.

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Strengths

Low debt · generates free cash flow

Risks

!Weak Growth (revenue 5y −2.5 %/yr)
!Loss-making · -3.9% net margin
!Trails peers (2/9)
!Narrow moat 13/100
!Evidence only low, so the estimate is less certain
Evidence: Low Range 54.53 TWD – 125.03 TWD

Fair value as of: Aug 25, 2026

From 12 valuation models · updated 12 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 large discount to fair value meets weak quality (41/100). That raises the risk this is a value trap rather than a bargain.
  • The price is below even our cautious bear case (54.53 TWD). The market is more pessimistic than our downside scenario.
  • 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 (54.53 TWD to 125.03 TWD) leaves room in how you read the outcome.

Price vs Fair Value (5 years)

107.83 TWD 18.80 TWD Fair Value 89.78 TWD Apr 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 25, 2026.

How to read this chart

60‑month range 18.80 TWD – 107.83 TWD · fair‑value band 54.53 TWD – 125.03 TWD · the 19.85 TWD price screens below the 89.78 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 25, 2026.

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Analysis

Cayman Engley Industrial Co (2239) currently trades at 19.85 TWD, while our model-based Fair Value estimate is 89.78 TWD, implying the stock looks roughly 77.9% undervalued today. The Quality Score stands at 41/100 (below-average quality), in the Consumer Cyclical sector. Bull case: the DCF Models group reads highest at a median of 115.59 TWD per share, and 10 of the 12 models we run sit above the 19.85 TWD price. Bear case: the Asset-Based group reads lowest at 65.08 TWD, and 2 of the 12 models stay below the price. Evidence for this calculation is low.

Over the trailing twelve months, Cayman Engley Industrial Co generated revenue of 18.6B TWD at a net margin of −3.9%. Revenue declined 10.4% year over year. It earns a return on equity of −5.3%. Net debt stands at 6.0B TWD. Fundamentals as of Aug 25, 2026

Our scenario range runs from 54.53 TWD (bear case) to 125.03 TWD (bull case); at 19.85 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 49% below its 52-week high, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at −38% fair-value upside, at 352%, 2239 screens cheaper 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
FCF DCF best evidence 88.37 TWD 115.59 TWD 162.37 TWD 81
Growth DCF 91.06 TWD 117.23 TWD 159.05 TWD 79
5Y EBITDA Exit 95.72 TWD 137.62 TWD 190.78 TWD 75
All 12 models by family
DCF Models
FCF DCF best evidence 88.37 TWD 115.59 TWD 162.37 TWD 81
5Y Revenue Exit 82.03 TWD 114.17 TWD 159.04 TWD 73
5Y EBITDA Exit 95.72 TWD 137.62 TWD 190.78 TWD 75
10Y Revenue Exit 81.91 TWD 110.03 TWD 142.39 TWD 68
10Y EBITDA Exit 92.12 TWD 125.23 TWD 163.21 TWD 69
Dividend Discount
Gordon GGM 5.93 TWD 7.65 TWD 9.36 TWD 69
DDM Multi-Stage 5.93 TWD 7.97 TWD 10.34 TWD 67
Multiples
EV/EBITDA 114.62 TWD 149.87 TWD 185.12 TWD 67
EV/Revenue 83.46 TWD 115.43 TWD 147.39 TWD 54
Asset-Based
NCAV (Graham) 48.56 TWD 65.08 TWD 97.13 TWD 54
Growth DCF
Growth DCF 91.06 TWD 117.23 TWD 159.05 TWD 79
Rev-Margin DCF 82.03 TWD 115.58 TWD 155.92 TWD 73

Widest divergence: DCF Models (115.59 TWD) versus Dividend Discount (7.65 TWD). Highest evidence: FCF DCF (81).

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Key figures & financial health

P/S ratio 0.14 TTM
EPS (TTM) −7.87 TWD
Dividend yield 3.0%
Net margin −5.0% FY2025
Return on equity −5.3% TTM
Return on assets (EBIT) 0.5% avg 5y
More key figures
Profitability
Operating margin −6.5% TTM
Growth
Revenue (TTM) 18.6B TWD TTM
Revenue growth (YoY) −10.4% 3y avg −5.7%
EPS growth (YoY) −66.0%
Balance sheet & cash flow
Free cash flow 965M TWD FY2025
Net debt 6.0B TWD FY2025 · ≈ 6.2 yrs of FCF

Figures from reported company fundamentals · as of Aug 25, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 41/100

Of which business quality 40 · Market factors (momentum, volatility) 28

Profitability 11
Margins and returns on capital today
Quality Growth 17
Are margins and returns improving?
Cashflow 30
Earnings quality: real cash, not paper profit
Fin. Strength 36
Balance sheet, leverage, solvency risk
Investment 86
Disciplined investing over empire-building
Low Volatility 78
Calm price path (market factor)
Momentum 11
Price trend over the last 3–12 months (market factor)
52W Momentum 1
Distance to the 52-week high (market factor)
Net Issuance 91
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

Cayman Engley Industrial Co., Ltd. produces and sells automobile parts in China and internationally. The company offers stamping products, hot-pressed products, mold designs, and manufacturing and related technical consulting services. It also involved in the development and manufacture of soft robot software; and general investment activities.

Full company description

Cayman Engley Industrial Co., Ltd. produces and sells automobile parts in China and internationally. The company offers stamping products, hot-pressed products, mold designs, and manufacturing and related technical consulting services. It also involved in the development and manufacture of soft robot software; and general investment activities. The company was founded in 1991 and is based in Grand Cayman, Cayman Islands.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Cayman Engley Industrial Co reported revenue of 19.1B TWD in FY2025 versus 20.3B TWD in FY2021, a compound −1.5%/yr. Reported net income was −947M TWD in FY2025.

Growth Quality 18/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
19.1B TWD
Latest YoY
−11.2%
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.
−5.7%
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.
−2.5%
Avg. revenue growth/yr (13Y) 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.
+7.2%
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.
6.1% (2020) → −2.6% (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 −1.5%/yr
FY21 20.3B TWD
FY22 22.8B TWD
FY23 24.3B TWD
FY24 21.5B TWD
FY25 19.1B TWD
Net income
FY21 665M TWD
FY22 139M TWD
FY23 169M TWD
FY24 −10.7M TWD
FY25 −947M TWD

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Cite: Fair Value Calculator (2026). "Cayman Engley Industrial Co Fair Value". https://www.fairvalue-calculator.com/stock/2239.TW

Peer Group

Auto Parts · 641 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 41 · Bottom 25%
Return on assets −1% · Bottom 25%
Net margin (TTM) −4% · Bottom 25%
Operating margin (TTM) −6% · Bottom 25%
Revenue growth −10% · Bottom 25%
Dividend yield (TTM) 3.0% · Above median
Debt / equity 0.45× · Higher than 75% of peers

Valuation Multiples vs Auto Parts median · lower = cheaper

P/FCF 0.1× · 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 14
FUTURE0 · sector 21
PAST0 · sector 28
HEALTH78 · sector 95
DIVIDEND59 · sector 32

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 Auto Parts stocks, each showing price versus our Fair Value estimate (as of Aug 25, 2026).

Stock Price Fair Value vs Fair Value
O'Reilly Automotive, Inc ORLY $88.50 $47.50 −46%
AutoZone, Inc AZO $2,983 $2,287 −23%
Hyundai Mobis Co 012330 450,500 KRW 643,909 KRW +43%
Fuyao Glass Industry Group 600660 ¥57.67 ¥84.47 +46%
Samvardhana Motherson International Limited MOTHERSON ₹165.30 ₹80.63 −51%
Magna International Inc MGA $65.57 $68.17 +4%
Genuine Parts Company GPC $137.51 $58.07 −58%
Bosch Limited BOSCHLTD ₹48,700 ₹11,534 −76%
Ningbo Tuopu Group 601689 ¥45.82 ¥28.28 −38%
Bharat Forge Limited BHARATFORG ₹2,063 ₹393.20 −81%

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Frequently asked questions

Is Cayman Engley Industrial Co (2239) overvalued or undervalued?
As of Aug 25, 2026, our model estimates a fair value of 89.78 TWD versus a price of 19.85 TWD, about +352% upside (undervalued).
What is the fair value of 2239?
Our model-based fair value for Cayman Engley Industrial Co is 89.78 TWD (as of Aug 25, 2026), built from audited fundamentals. The current price: 19.85 TWD.
What is the quality score of 2239?
Cayman Engley Industrial Co has a Quality Score of 41/100. 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 Cayman Engley Industrial Co (2239)?
Our model-based price target is the fair value of 89.78 TWD (as of Aug 25, 2026) from 12 valuation models. Cautious scenario 54.53 TWD, optimistic scenario 125.03 TWD. It is a calculation from audited fundamentals, not an analyst target.
What is the Cayman Engley Industrial Co stock forecast for 2026?
Our models put fair value at 89.78 TWD, about +352% upside versus a price of 19.85 TWD (undervalued). Cautious scenario 54.53 TWD, optimistic scenario 125.03 TWD. The calculation is refreshed regularly with new filings.
What is the revenue of Cayman Engley Industrial Co (2239)?
Cayman Engley Industrial Co reported trailing-twelve-month revenue of about 18.6B TWD (latest available figure, as of Aug 25, 2026).
What is the net profit margin of 2239?
The net profit margin of Cayman Engley Industrial Co is about −3.9%, meaning it is currently running at a net loss. Based on the latest reported figures.
Does Cayman Engley Industrial Co pay a dividend?
Cayman Engley Industrial Co currently shows a dividend yield of about 2.96% relative to its recent price (as of Aug 25, 2026).
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