Tong-Tai Machine Tool Co Ltd (4526) fair value: what the stock is really worth
As of Nov 9, 2026: fair value (intrinsic value) of Tong-Tai Machine Tool Co Ltd stock TWD 15.15, price TWD 54.20, that is 72.0% below the price, quality 46 out of 100. Rating: strongly overvalued. Calculated from audited financials with 10 of our 26 valuation models and 37 quality factors, updated daily.
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Tong-Tai Machine Tool Co Ltd
4526 · TWOur calculation puts a fair price 72% below what the stock costs today.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 5, 2026.
How to read this chart
60‑month range 12.97 TWD – 60.30 TWD · fair‑value band 12.39 TWD – 18.67 TWD · the 54.20 TWD price screens above the 15.15 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 5, 2026.
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Company profile
Tongtai Machine & Tool Co., Ltd. manufactures and sells machine tools, computer components, computer numerical control lathes, and cutting centers in Taiwan, China, rest of Asia, Europe, and internationally. It operates through Equipment Manufacturing, Parts and Components, and Other segments.
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The company offers vertical, horizontal, 5-axis, 5-axis horizontal, and ultra sonic assisted machining center; tapping center; boring and milling, special purpose, and wheel machine; horizontal and vertical CNC lathe; and multi-tasking machining center.
It also provides PCB CNC drilling and routing machines.
In addition, it offers picosecond laser processing machines, UV laser marking machines, and UV laser processing machines; ultra-fast laser processing equipment comprising femtosecond laser processing machines and nanosecond ultrafast laser processing machines; and laser processing equipment for semiconductor applications.
Further it offers additive manufacturing machines consisting of metal powder direct energy deposition and subtractive manufacturing, metal powder, and metal powder bed fusion machines.
Additionally, it is involved in the electrical automation assembly and sales; commodity trading; international trade and re-export trade; investment holding; machine tool sales and repair services; and circuit board manufacturing and trading; and maintenance and after-sales services.
The company was incorporated in 1969 and is headquartered in Kaohsiung, Taiwan.
Stock analysis
Tong-Tai Machine Tool Co Ltd (4526) currently trades at 54.20 TWD, while our model-based Fair Value estimate is 15.15 TWD, 72% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of 30.99 TWD per share, and 0 of the 10 models we run sit above the 54.20 TWD price.
Bear case: the Dividend Discount group reads lowest at 1.82 TWD, and 10 of the 10 models stay below the price. Data coverage for this calculation is low.
Scenario range: 12.39 TWD (bear) to 18.67 TWD (bull), the price of 54.20 TWD sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 46/100 (below-average quality), in the Industrials sector.
Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.
Tong-Tai Machine Tool Co Ltd reported revenue of 5.4B TWD in FY2025 versus 9.6B TWD in FY2021, a compound −13.6%/yr. Reported net income was 459M TWD in FY2025, compounding +27.7%/yr from FY2021.
Key figures
Market cap 13.6B TWD (≈ $416M) Small · P/S ratio 2.20 · EPS (TTM) −1.77 TWD · Dividend yield 1.8% · Net margin −8.7% · Return on equity −9.2% · Return on assets (EBIT) −2.5% (5-year average) · Operating margin −5.4%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 15 out of 100 (low confidence).
What moves the price
The share trades about 10% below its 52-week high and 115% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −46% fair-value upside, at −72%, 4526 screens richer than that median.
Fair Value models
All 10 models by family
Quality Score breakdown
It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.
Revenue & earnings trend
4526 screens overvalued: fair value 72% below the price. Compare with SIE →
Compare Tong-Tai Machine Tool Co Ltd with another stock
Price, fair value, quality and upside side by side.
Peer Groupⓘ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.Specialty Industrial Machinery · 813 stocks
Valuation Multiplesvs Specialty Industrial Machinery median · lower = cheaper
Strength profile in five axes (Snowflake)
VALUE 0: the price sits above our fair-value range.
Context: sector, industry, market
- Is the Industrials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Fair value gap by industry
- Return on assets by industry
- Piotroski F-Score screener with fair value
- Undervalued stocks: Industrials
- Undervalued stocks: Taiwanese Stocks
- Valuation of the Taiwan market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Specialty Industrial Machinery stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value | Compare |
|---|---|---|---|---|
| Cummins Inc CMI | $450.07 | $359.36 | −20% | vs 4526 |
| SIE SIE | €263.65 | €149.56 | −43% | vs 4526 |
| AMETEK, Inc AME | $228.67 | $125.74 | −45% | vs 4526 |
| Illinois Tool Works Inc ITW | $280.95 | $154.30 | −45% | vs 4526 |
| Sandvik AB SAND | kr 357.40 | kr 194.33 | −46% | vs 4526 |
| Parker-Hannifin Corporation PH | $917.79 | $492.92 | −46% | vs 4526 |
| Rockwell Automation, Inc ROK | $375.86 | $186.75 | −50% | vs 4526 |
| Emerson Electric Co EMR | $162.35 | $79.99 | −51% | vs 4526 |
| Eaton Corporation ETN | $341.72 | $156.90 | −54% | vs 4526 |
| GE Vernova Inc GEV | $774.11 | $143.50 | −81% | vs 4526 |
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Frequently asked questions
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Key figures of Tong-Tai Machine Tool Co Ltd
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