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United Alloy-Tech Company (3162) Fair Value & Analysis

Industrials · TW · Market cap 10.3B TWD

UA United Alloy-Tech Company 3162 · TWO
Price64.90 TWD
Fair Value24.51 TWD
Upside-62.2%
Quality42/100
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Expensive Growth
Thin margins · 2.1% net margin
Low debt · negative free cash flow
1.48% dividend yield
Trails peers (2/13)
Narrow moat 24/100
Evidence: High Range 18.38 TWD – 30.64 TWD Share as image

Fair value as of: Jul 23, 2026

From 16 valuation models · updated 18 days ago

Share price −20.7% over the past month.

Below-average quality, and screening another 62% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (30.64 TWD). The favourable scenario is already priced in.
  • Weak quality (42/100) and above fair value at the same time, the margin of safety is missing on both counts.
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Price vs Fair Value (5 years)

94.91 TWD 26.66 TWD Fair Value 24.51 TWD Feb 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 26.66 TWD – 94.91 TWD · fair‑value band 18.38 TWD – 30.64 TWD · the 64.90 TWD price screens above the 24.51 TWD fair value. Dashed = 300-day average. As of Jul 23, 2026.

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Analysis

United Alloy-Tech Company (3162) currently trades at 64.90 TWD, while our model-based Fair Value estimate is 24.51 TWD, implying the stock looks roughly 62.2% overvalued today. The Quality Score stands at 42/100 (below-average 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, United Alloy-Tech Company generated revenue of 7.8B TWD at a net margin of 2.1%. Revenue grew 6.4% year over year. It earns a return on equity of 4.6%. Net debt stands at 2.4B TWD. Fundamentals as of Jul 23, 2026

Our scenario range runs from 18.38 TWD (bear case) to 30.64 TWD (bull case); at 64.90 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 34% below its 52-week high and 63% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -72% fair-value upside, at -62%, 3162 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
Residual Income 16.46 TWD 17.36 TWD 18.71 TWD 76
ROIC Compounder 11.60 TWD 13.45 TWD 15.07 TWD 72
Gordon GGM 3.88 TWD 8.07 TWD 12.80 TWD 70
All 16 models by family
Earnings-Based
Graham-Dodd 9.81 TWD 68.38 TWD 95.96 TWD 54
Lynch FV 35.33 TWD 50.47 TWD 65.61 TWD 50
PEG = 1.0 35.33 TWD 50.47 TWD 65.61 TWD 46
EPV 11.60 TWD 13.45 TWD 15.07 TWD 59
Dividend Discount
Gordon GGM 3.88 TWD 8.07 TWD 12.80 TWD 70
DDM Multi-Stage 3.88 TWD 6.80 TWD 8.47 TWD 61
Multiples
P/E Multiple 22.71 TWD 30.28 TWD 37.85 TWD 63
P/S Multiple 18.38 TWD 24.51 TWD 30.64 TWD 58
P/B Multiple 18.38 TWD 24.51 TWD 30.64 TWD 55
EV/EBIT 19.32 TWD 25.60 TWD 31.88 TWD 53
EV/EBITDA 40.82 TWD 54.27 TWD 67.72 TWD 54
EV/Revenue 13.93 TWD 19.69 TWD 25.46 TWD 43
Asset-Based
NCAV (Graham) 10.12 TWD 13.57 TWD 20.25 TWD 50
Economic Profit
Residual Income 16.46 TWD 17.36 TWD 18.71 TWD 76
ROIC Compounder 11.60 TWD 13.45 TWD 15.07 TWD 72
Growth Earnings
Growth-Adj P/E 46.21 TWD 66.01 TWD 85.81 TWD 68

Widest divergence: Growth Earnings (66.01 TWD) versus Dividend Discount (6.80 TWD). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 7.8B TWD
Revenue growth (YoY) +6.4%
Net margin 2.1%
Return on equity 4.6%
Free cash flow −424M TWD FY2025
P/E ratio 50.3
More key figures
Operating margin -0.8%
EPS (TTM) 1.66 TWD
Dividend yield 1.2%
EPS growth (YoY) -96.0%
Net debt 2.4B TWD FY2025

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

Quality Score breakdown

Overall quality 42/100

Of which business quality 43 · Market factors (momentum, volatility) 62

Profitability 31
Margins and returns on capital today
Quality Growth 79
Are margins and returns improving?
Cashflow 38
Earnings quality: real cash, not paper profit
Fin. Strength 29
Balance sheet, leverage, solvency risk
Investment 24
Disciplined investing over empire-building
Low Volatility 56
Calm price path (market factor)
Momentum 62
Price trend over the last 3–12 months (market factor)
52W Momentum 70
Distance to the 52-week high (market factor)
Net Issuance 68
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

United Alloy-Tech Company Ltd engages in forging, die casting, processing, production, trading, and sale of aluminum alloys in Taiwan and internationally.

Full company description

United Alloy-Tech Company Ltd engages in forging, die casting, processing, production, trading, and sale of aluminum alloys in Taiwan and internationally. It offers aluminum alloy materials; automobile battery housing products; high-pressure die casting products; sunroof guide rail and aluminum parts; plastic components; sealing and damping materials; and forging parts. The company was founded in 1991 and is based in Taoyuan City, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

United Alloy-Tech Company reported revenue of 7.7B TWD in FY2025 versus 1.3B TWD in FY2021, a compound +54.7%/yr. Reported net income was 222M TWD in FY2025, compounding +28.9%/yr from FY2021.

Growth Quality 52/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
7.7B TWD
Latest YoY
+65.5%
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.
+46.8%
Revenue +54.7%/yr
FY21 1.3B TWD
FY22 2.4B TWD
FY23 3.6B TWD
FY24 4.7B TWD
FY25 7.7B TWD
Net income +28.9%/yr
FY21 80.6M TWD
FY22 −211M TWD
FY23 131M TWD
FY24 70.3M TWD
FY25 222M TWD

3162 screens 62% overvalued. Compare with Carpenter Technology Corporation →

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Cite: Fair Value Calculator (2026). "United Alloy-Tech Company Fair Value". https://www.fairvalue-calculator.com/stock/3162

Peer Group

Metal Fabrication · 244 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 42 · Bottom 25%
Fair Value upside −62% · Bottom 25%
Return on equity (TTM) 5% · Below median
Return on assets 1% · Below median
Net margin (TTM) 2% · Below median
Operating margin (TTM) -1% · Bottom 25%
Revenue growth 6% · Below median
Dividend yield (TTM) 1.5% · Above median
Debt / equity 0.08× · Lower than median

Valuation Multiples vs Metal Fabrication median · lower = cheaper

P/E (TTM) 40.3× · Pricier than median
P/B 3.30× · Pricier than 75% of peers
P/S (TTM) 1.32× · Pricier than median
EV/EBITDA 17.9× · Pricier than median

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 0
FUTURE 32 · sector 36
PAST 18 · sector 21
HEALTH 96 · sector 95
DIVIDEND 30 · sector 25

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.

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10 more Metal Fabrication stocks, each showing price versus our Fair Value estimate (as of Jul 23, 2026).

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Frequently asked questions

Is United Alloy-Tech Company (3162) overvalued or undervalued?
As of Jul 23, 2026, our model estimates a fair value of 24.51 TWD versus a price of 64.90 TWD, about −62% (overvalued).
What is the fair value of 3162?
Our model-based fair value for United Alloy-Tech Company is 24.51 TWD (as of Jul 23, 2026), built from audited fundamentals. The current price is 64.90 TWD.
What is the quality score of 3162?
United Alloy-Tech Company has a Quality Score of 42/100. 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 United Alloy-Tech Company (3162)?
United Alloy-Tech Company reported trailing-twelve-month revenue of about 7.8B TWD (latest available figure, as of Jul 23, 2026).
What is the net profit margin of 3162?
The net profit margin of United Alloy-Tech Company is about 2.1%, meaning it keeps roughly 2.1% of revenue as net income. Based on the latest reported figures.
Does United Alloy-Tech Company pay a dividend?
United Alloy-Tech Company currently shows a dividend yield of about 1.20% 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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