EN DE

Min Aik Precision Industrial Co (4545) Fair Value & Analysis

Industrials · TW · Market cap 2.5B TWD

MA Min Aik Precision Industrial Co 4545 · TW
Price33.00 TWD
Fair Value7.14 TWD
Upside-78.4%
Quality44/100
Watch Min Aik Precision Industrial Co for free, get notified when fair value or trend changes. Watch for free
Expensive Growth
Loss-making · -0.1% net margin
Low debt · negative free cash flow
Trails peers (2/11)
Narrow moat 20/100
Evidence: Medium Range 5.36 TWD – 8.94 TWD Share as image

Fair value as of: Jul 21, 2026

From 14 valuation models · updated 20 days ago

Fair value updated Jul 21, 2026, revised from 3.57 TWD to 7.14 TWD (+100.0%) since Jul 11, 2026. Share price −13.8% over the past month.

Below-average quality, and screening another 78% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (8.94 TWD). The favourable scenario is already priced in.
  • Weak quality (44/100) and above fair value at the same time, the margin of safety is missing on both counts.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

73.80 TWD 21.82 TWD Fair Value 7.14 TWD Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 21, 2026.

How to read this chart

60‑month range 21.82 TWD – 73.80 TWD · fair‑value band 5.36 TWD – 8.94 TWD · the 33.00 TWD price screens above the 7.14 TWD fair value. Dashed = 300-day average. As of Jul 21, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Min Aik Precision Industrial Co (4545) currently trades at 33.00 TWD, while our model-based Fair Value estimate is 7.14 TWD, implying the stock looks roughly 78.4% overvalued today. The Quality Score stands at 44/100 (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: medium).

Over the trailing twelve months, Min Aik Precision Industrial Co generated revenue of 2.3B TWD at a net margin of -0.1%. Revenue declined 11.3% year over year. It earns a return on equity of -0.1%. The balance sheet holds a net cash position of 37.6M TWD. Fundamentals as of Jul 21, 2026

Our scenario range runs from 5.36 TWD (bear case) to 8.94 TWD (bull case); at 33.00 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 28% below its 52-week high and 16% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -72% fair-value upside, at -78%, 4545 screens richer 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 16.55 TWD 15.43 TWD 10.69 TWD 76
ROIC Compounder 11.34 TWD 11.80 TWD 12.20 TWD 72
Gordon GGM 14.49 TWD 15.79 TWD 17.76 TWD 70
All 14 models by family
Earnings-Based
Graham-Dodd 1.16 TWD 1.53 TWD 1.77 TWD 54
EPV 11.34 TWD 11.80 TWD 12.20 TWD 59
Dividend Discount
Gordon GGM 14.49 TWD 15.79 TWD 17.76 TWD 70
DDM Multi-Stage 14.49 TWD 18.18 TWD 23.04 TWD 61
Multiples
P/E Multiple 2.68 TWD 3.57 TWD 4.47 TWD 63
P/S Multiple 2.17 TWD 2.89 TWD 3.62 TWD 58
P/B Multiple 2.17 TWD 2.89 TWD 3.62 TWD 55
EV/EBIT 14.21 TWD 16.14 TWD 18.06 TWD 53
EV/EBITDA 25.77 TWD 31.55 TWD 37.33 TWD 54
EV/Revenue 12.56 TWD 14.33 TWD 16.09 TWD 43
Asset-Based
NCAV (Graham) 12.34 TWD 16.54 TWD 24.69 TWD 50
Economic Profit
Residual Income 16.55 TWD 15.43 TWD 10.69 TWD 76
ROIC Compounder 11.34 TWD 11.80 TWD 12.20 TWD 72
Growth Earnings
Growth-Adj P/E 1.89 TWD 2.70 TWD 3.52 TWD 68

Widest divergence: Asset-Based (16.54 TWD) versus Earnings-Based (1.53 TWD). Highest evidence: Residual Income (76).

Notify me when 4545 reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Revenue (TTM) 2.3B TWD
Revenue growth (YoY) -11.3%
Net margin -0.1%
Return on equity -0.1%
Free cash flow −223M TWD FY2025
P/E ratio 205.0
More key figures
Operating margin 0.6%
EPS (TTM) 0.1700 TWD
EPS growth (YoY) -47.5%
Net cash 37.6M TWD FY2025

Figures from reported company fundamentals · as of Jul 21, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 44/100

Of which business quality 43 · Market factors (momentum, volatility) 47

Profitability 25
Margins and returns on capital today
Quality Growth 16
Are margins and returns improving?
Cashflow 6
Earnings quality: real cash, not paper profit
Fin. Strength 66
Balance sheet, leverage, solvency risk
Investment 89
Disciplined investing over empire-building
Low Volatility 63
Calm price path (market factor)
Momentum 45
Price trend over the last 3–12 months (market factor)
52W Momentum 32
Distance to the 52-week high (market factor)
Net Issuance 85
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

Min Aik Precision Industrial Co., Ltd., together with its subsidiaries, engages in the electroplating processing and manufacturing of aluminum and copper products in Taiwan, Malaysia, Singapore, China, Thailand, Ireland, and internationally.

Full company description

Min Aik Precision Industrial Co., Ltd., together with its subsidiaries, engages in the electroplating processing and manufacturing of aluminum and copper products in Taiwan, Malaysia, Singapore, China, Thailand, Ireland, and internationally. It offers voice coil motor, disk clam, balance weight, insert plate, bobbin, stiffener, top cover, and pin; general steel stiffener, laminated sheet, tape and reel, and low adhesion roll to roll and related products; aluminum sheet; and heat sink and spreader that are used for hard disk drives, consumer and automotive electronics, industrial equipment, sewing machine, medical equipment, and other related metal stamping parts, as well as electronic shielding applications. The company also provides research and development; tooling design/fabrication; precision press; vibration grinding; surface treatment; clean room/assembly capacity; automatization design; and high precision measurement analysis services. In addition, it is involved in the research, development, and manufacturing of medical plastic injection molding equipment, molds, and automated machinery; and after-sales services. The company was incorporated in 2001 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

Min Aik Precision Industrial Co reported revenue of 2.4B TWD in FY2025 versus 2.2B TWD in FY2021, a compound +2.4%/yr. Reported net income was 13.1M TWD in FY2025, compounding −38.1%/yr from FY2021.

Growth Quality 29/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
2.4B TWD
Latest YoY
−0.4%
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.
+1.6%
Avg. 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.
+4.4%
Avg. 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.
+1.1%
Revenue +2.4%/yr
FY21 2.2B TWD
FY22 2.3B TWD
FY23 2.1B TWD
FY24 2.4B TWD
FY25 2.4B TWD
Net income −38.1%/yr
FY21 89.2M TWD
FY22 162M TWD
FY23 83.1M TWD
FY24 183M TWD
FY25 13.1M TWD
Character of growth · EPS growth decomposed (2014-2025) −16.0 % p.a.
Revenue per share −3.9 pp

of which total revenue −3.1 pp · buybacks/dilution −0.9 pp

EBIT margin −12.2 pp
Tax rate −0.8 pp
Residual (interest, one-offs) +1.0 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

4545 screens 78% overvalued. Compare with Carpenter Technology Corporation →

Share or link this analysis
For bloggers & editors: embed code + live data

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). "Min Aik Precision Industrial Co Fair Value". https://www.fairvalue-calculator.com/stock/4545

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 44 · Below median
Fair Value upside −78% · Bottom 25%
Return on assets 0% · Below median
Net margin (TTM) -0% · Below median
Operating margin (TTM) 1% · Bottom 25%
Revenue growth -11% · Bottom 25%
Dividend yield (TTM) 0.0% · Bottom 25%

Valuation Multiples vs Metal Fabrication median · lower = cheaper

P/E (TTM) 194.7× · Pricier than 75% of peers
P/S (TTM) 0.03× · Cheaper than 75% of peers

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 0 · sector 36
PAST 0 · sector 21
HEALTH 100 · sector 95
DIVIDEND 0 · 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.

Similar stocks

10 more Metal Fabrication stocks, each showing price versus our Fair Value estimate (as of Jul 21, 2026).

Compare Min Aik Precision Industrial Co with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Industrials stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is Min Aik Precision Industrial Co (4545) overvalued or undervalued?
As of Jul 21, 2026, our model estimates a fair value of 7.14 TWD versus a price of 33.00 TWD, about −78% (overvalued).
What is the fair value of 4545?
Our model-based fair value for Min Aik Precision Industrial Co is 7.14 TWD (as of Jul 21, 2026), built from audited fundamentals. The current price is 33.00 TWD.
What is the quality score of 4545?
Min Aik Precision Industrial Co has a Quality Score of 44/100. 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 Min Aik Precision Industrial Co (4545)?
Min Aik Precision Industrial Co reported trailing-twelve-month revenue of about 2.3B TWD (latest available figure, as of Jul 21, 2026).
What is the net profit margin of 4545?
The net profit margin of Min Aik Precision Industrial Co is about -0.1%, meaning it is currently running at a net loss. Based on the latest reported figures.

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.

14 days Pro free · no card

Track Min Aik Precision Industrial Co and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.