Honyi International Company Limited (4530) fair value: what the stock is really worth
As of Sep 23, 2026: fair value of Honyi International Company Limited TWD 26.46, price TWD 25.00, upside +5.8%, quality 49 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Watch Honyi International Company Limited for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.Watch for freePro now: $1 first month
Honyi International Company Limited, together with its subsidiaries, engages in the metal forging business in Taiwan. It is also involved in wastewater and sewage treatment; wholesale of industrial additives; and construction of environmental protection engineering projects. The company was formerly known as Honyi Precision Industry Co., Ltd.
Show more
Honyi International Company Limited, together with its subsidiaries, engages in the metal forging business in Taiwan. It is also involved in wastewater and sewage treatment; wholesale of industrial additives; and construction of environmental protection engineering projects. The company was formerly known as Honyi Precision Industry Co., Ltd. and changed its name to Honyi International Company Limited in September 2018. Honyi International Company Limited was founded in 1973 and is headquartered in Taipei, Taiwan.
Stock analysis
Honyi International Company Limited (4530) currently trades at 25.00 TWD, while our model-based Fair Value estimate is 26.46 TWD, implying the stock looks roughly 5.5% fairly valued today.
Show more
Valuation
Bull case: the Growth DCF group reads highest at a median of 36.48 TWD per share, and 13 of the 24 models we run sit above the 25.00 TWD price.
Bear case: the Multiples group reads lowest at 5.56 TWD, and 11 of the 24 models stay below the price. Evidence for this calculation is low.
Scenario range: 19.07 TWD (bear) to 33.80 TWD (bull), the price of 25.00 TWD sits inside 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 49/100 (below-average quality), in the Industrials sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Honyi International Company Limited reported revenue of 349M TWD in FY2025 versus 160M TWD in FY2021, a compound +21.6%/yr. Reported net income was 9.5M TWD in FY2025.
Key figures
Market cap 895M TWD (≈ $28.1M) · P/E ratio 20.5 · P/S ratio 0.56 · EPS (TTM) 1.22 TWD · Net margin 2.7% · Return on equity 10.5% · Return on assets (EBIT) −2.5% · Operating margin 0.7%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 38 out of 100 (low confidence).
What moves the price
The share trades about 24% below its 52-week high and 10% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −36% fair-value upside, at 6%, 4530 screens cheaper than that median.
Fair Value models
Bear 19.07 TWDFair Value 26.46 TWDBull 33.80 TWD
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then (0.8924 TWD per share) are deliberately not added.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 ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.82/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Profit 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.
−18.0% (2021) → 17.8% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: no profitable base year
not computed
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+8.1%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (Taiwan: IMF forecast 1.6% a year to 2030, 1.5% from 2016 to 2025) that is about +6.4% a year for the price.
Compare Honyi International Company Limited with another stock
Price, fair value, quality and upside side by side.
Free, no sign-up
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.Metal Fabrication · 259 stocks
Beats the industry median on 8/13 measures
Overall it ranks above its industry peers.
Valuation
Quality Score49 · Below median
Fair Value upside+6% · Above median
Profitability
Return on equity (TTM)10% · Above median
Return on assets6% · Top 25%
Net margin (TTM)2% · Below median
Operating margin (TTM)1% · Bottom 25%
Growth and dividend
Revenue growth39% · Top 25%
Balance sheet
Debt / equity0.10× · Below median
Valuation Multiplesvs Metal Fabrication median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Honyi International Company Limited Fair Value". https://www.fairvalue-calculator.com/stock/4530
Frequently asked questions
Is Honyi International Company Limited (4530) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of 26.46 TWD versus a price of 25.00 TWD, about +6% upside (fairly valued).
What is the fair value of 4530?
Our model-based fair value for Honyi International Company Limited is 26.46 TWD (as of Sep 24, 2026), built from audited fundamentals. The current price: 25.00 TWD.
What is the quality score of 4530?
Honyi International Company Limited has a Quality Score of 49/100. 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 Honyi International Company Limited (4530)?
Our model-based price target is the fair value of 26.46 TWD (as of Sep 24, 2026) from 24 valuation models. Cautious scenario 19.07 TWD, optimistic scenario 33.80 TWD. It is a calculation from audited fundamentals, not an analyst target.
What is the Honyi International Company Limited stock forecast for 2026?
Our models put fair value at 26.46 TWD, about +6% upside versus a price of 25.00 TWD (fairly valued). Cautious scenario 19.07 TWD, optimistic scenario 33.80 TWD. The calculation is refreshed regularly with new filings.
What is the revenue of Honyi International Company Limited (4530)?
Honyi International Company Limited reported trailing-twelve-month revenue of about 368M TWD (latest available figure, as of Sep 24, 2026).
What growth is priced into Honyi International Company Limited (4530)?
For today's price to be fair in a discounted-cash-flow model, Honyi International Company Limited would have to grow free cash flow by +8.1 % per year for five years (discount rate 10.3 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 4 years revenue grew +21.6 % per year. As of Sep 24, 2026.
What discount rate (WACC) does the fair value of 4530 use?
Our models discount Honyi International Company Limited at 10.3 %: a base by market capitalisation (nano), country premium for Taiwan. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Honyi International Company Limited that is +8.1 % per year a year over ten years, using the same discount rate (10.3 %) and the same formula as our fair value.
How much growth has Honyi International Company Limited (4530) delivered so far?
Over the past 4 years revenue at Honyi International Company Limited grew +21.6 % a year. The price currently implies +8.1 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Honyi International Company Limited (4530) growing?
The median revenue growth in the sector is +4.7 % a year. That is the yardstick for the growth priced into Honyi International Company Limited (+8.1 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Honyi International Company Limited (4530)?
The free-cash-flow yield on the price is 3.76 %: that much free cash flow Honyi International Company Limited produces per unit of market value. When it exceeds the discount rate of our models (10.3 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Honyi International Company Limited (4530)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Honyi International Company Limited it is 26.46 TWD per share (as of Sep 24, 2026), against a price of 25.00 TWD. It is the blended result of 24 valuation models (cash flow, earnings, asset, dividend).
Is Honyi International Company Limited stock overvalued or undervalued in 2026?
As of Sep 24, 2026, 4530 trades below its calculated fair value: price 25.00 TWD, fair value 26.46 TWD, a gap of about +6% (fairly valued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 4530?
No. The price is what the market pays today (25.00 TWD); the fair value is what the company's own numbers justify (26.46 TWD). For Honyi International Company Limited the two are 1.46 TWD per share apart. That gap is exactly why we show both numbers side by side.
How much is Honyi International Company Limited worth?
The market values Honyi International Company Limited at about 895M TWD (market capitalisation, as of Sep 24, 2026). Per share that is 25.00 TWD; our models calculate a fair value of 26.46 TWD per share.
What do the bullish and bearish scenarios say about 4530?
Our models span a range for Honyi International Company Limited: cautious scenario 19.07 TWD, base 26.46 TWD, optimistic 33.80 TWD per share (as of Sep 24, 2026, price 25.00 TWD). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 4530?
Honyi International Company Limited trades at a price-to-earnings ratio of 20.5 (as of Sep 24, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 26.46 TWD is built from several models across several years. Other multiples: P/B 1.9, P/S 2.4, EV/EBITDA 7.4.
How solid is the balance sheet of Honyi International Company Limited (4530)?
Balance-sheet figures for Honyi International Company Limited (as of Sep 24, 2026): return on equity 10.5%, debt of 0.10 per unit of equity. They feed the Quality Score of 49/100, which measures business quality independently of the share price.
How far is 4530 from its 52-week high?
Honyi International Company Limited trades at 25.00 TWD, about 24% below its 52-week high of 32.85 TWD and 10% above the low of 22.70 TWD (as of Sep 23, 2026). Distance from the high says nothing about value: that is what the fair value of 26.46 TWD is for.
Which stocks are comparable to Honyi International Company Limited?
From the same area (Industrials) we also value Carpenter Technology Corporation, ATI Inc, Mueller Industries, Inc, Aurubis AG, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Honyi International Company Limited stock attractive at the current price?
The data as of Sep 24, 2026: price 25.00 TWD, calculated fair value 26.46 TWD (+6%), Quality Score 49/100, from 24 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 4530 calculated?
We run Honyi International Company Limited through 24 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of 26.46 TWD, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.1 % above its aggregate fair value. Honyi International Company Limited currently trades 6 % below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Honyi International Company Limited (4530)?
The closing price on Sep 23, 2026 was 25.00 TWD. Our model-based fair value is 26.46 TWD, about +6% upside (fairly valued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Honyi International Company Limited right now?
The price sits close to our fair value, market and models broadly agree here, little valuation tension. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
Key figures of Honyi International Company Limited
How large is the market capitalisation of Honyi International Company Limited (4530)?
The market capitalisation of Honyi International Company Limited is 895M TWD (≈ $28.1M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Honyi International Company Limited (4530)?
The price-to-sales ratio of Honyi International Company Limited is 0.56 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Honyi International Company Limited (4530)?
Earnings per share at Honyi International Company Limited are 1.22 TWD (price ÷ EPS = P/E 20.5). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Honyi International Company Limited (4530)?
The net margin of Honyi International Company Limited is 2.7% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Honyi International Company Limited (4530)?
The return on equity (ROE) of Honyi International Company Limited is 10.5% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Honyi International Company Limited (4530)?
On an EBIT basis the return on assets of Honyi International Company Limited is −2.5% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Honyi International Company Limited (4530)?
The operating margin of Honyi International Company Limited is 0.7% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Honyi International Company Limited (4530)?
Revenue at Honyi International Company Limited is growing +38.5% versus a year earlier (3y avg +21.1%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
Free · no account needed
Watch Honyi International Company Limited in the live analysis
One click puts Honyi International Company Limited on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
