FineTek Co Ltd (4549) fair value: what the stock is really worth
As of Sep 24, 2026: fair value of FineTek Co Ltd TWD 42.66, price TWD 97.10, upside -56.1%, quality 62 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
60‑month range 59.83 TWD – 226.50 TWD · fair‑value band 31.26 TWD – 55.00 TWD · the 97.10 TWD price screens above the 42.66 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 24, 2026.
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FineTek Co., Ltd. manufactures and sells various industrial sensors, material/liquid level switches, and motor terminals in Taiwan and internationally.
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FineTek Co., Ltd. manufactures and sells various industrial sensors, material/liquid level switches, and motor terminals in Taiwan and internationally. The company offers liquid and solid switches, and liquid and solid level transmitters; flow measurement switches and transmitters; pressure level transmitters and switches; temperature transmitters and thermocouples; and grain monitoring systems, including temperature and level monitoring transmitters, multi-point temperature sensors, materials management systems, and remote-control units. It also provides wireless products, which include hublinks, coordinators, routers, and end devices; and pneumatic products comprising air hammers, piston vibrators, pneumatic vibrators, diaphragm valves, dust collector systems, and air pads. In addition, the company offers safety products, such as isolated safety barriers, speed monitors, conveyer belt misalignment switches, and safety cable pull switches. Further, it provides digital scaling meters and temperature controllers; and products, which are used in dust monitoring for filter breaks, flow switches for bulk materials, contactless level monitoring, mass flow measurement for bulk materials, and online moisture measuring system. The company's products and solutions are used in various industries, including water treatment, maritime, steel, power, construction, cement, food and beverage, hydraulic power, petrochemical, chemical, and electronics industries. The company was founded in 1979 and is headquartered in New Taipei City, Taiwan.
Stock analysis
FineTek Co Ltd (4549) currently trades at 97.10 TWD, while our model-based Fair Value estimate is 42.66 TWD, implying the stock looks roughly 127.6% overvalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of 69.62 TWD per share, and 0 of the 22 models we run sit above the 97.10 TWD price.
Bear case: the Earnings-Based group reads lowest at 19.81 TWD, and 22 of the 22 models stay below the price. Evidence for this calculation is high.
Scenario range: 31.26 TWD (bear) to 55.00 TWD (bull), the price of 97.10 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 62/100 (solid quality), in the Technology sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
FineTek Co Ltd reported revenue of 1.2B TWD in FY2025 versus 1.3B TWD in FY2021, a compound −0.7%/yr. Reported net income was 189M TWD in FY2025, compounding −9.0%/yr from FY2021.
Key figures
Market cap 5.5B TWD (≈ $174M) · P/E ratio 29.3 · P/S ratio 4.49 · EPS (TTM) 3.31 TWD · Dividend yield 3.1% · Net margin 15.3% · Return on equity 8.7% · Return on assets (EBIT) 13.8%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 48 out of 100 (low confidence).
What moves the price
The share trades about 30% below its 52-week high and 13% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Technology peers we cover trades at −35% fair-value upside, at −56%, 4549 screens richer than that median.
Fair Value models
Bear 31.26 TWDFair Value 42.66 TWDBull 55.00 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 (0.2276 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.40/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
−3.5%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
−4.8%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+4.2%
Start year 2020 (pandemic)
Revenue growth 8 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+1.9%
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What shareholders gained per year (last 5 years), in TWD ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in TWD: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
−4.3%
Earnings growth per share plus dividend.
Earnings per share, growth per year−7.4%
Dividend (yield on the price)3.1%
Profit margin 2020 to 2025 ⓘ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.30% → 15%
⚠ Revenue per share shrinking 1.7%/yr over ~6Y (margins eroding too) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
Growth Forecast
A lot of optimism in the price
The price assumes more 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).
+31.8%
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 +29.8% a year for the price.
Price, fair value, quality and upside side by side.
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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.Scientific & Technical Instruments · 160 stocks
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). "FineTek Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/4549
Frequently asked questions
Is FineTek Co Ltd (4549) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of 42.66 TWD versus a price of 97.10 TWD, about −56% upside (overvalued).
What is the fair value of 4549?
Our model-based fair value for FineTek Co Ltd is 42.66 TWD (as of Sep 24, 2026), built from audited fundamentals. The current price: 97.10 TWD.
What is the quality score of 4549?
FineTek Co Ltd has a Quality Score of 62/100. 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 FineTek Co Ltd (4549)?
Our model-based price target is the fair value of 42.66 TWD (as of Sep 24, 2026) from 22 valuation models. Cautious scenario 31.26 TWD, optimistic scenario 55.00 TWD. It is a calculation from audited fundamentals, not an analyst target.
What is the FineTek Co Ltd stock forecast for 2026?
Our models put fair value at 42.66 TWD, about −56% upside versus a price of 97.10 TWD (overvalued). Cautious scenario 31.26 TWD, optimistic scenario 55.00 TWD. The calculation is refreshed regularly with new filings.
What is the revenue of FineTek Co Ltd (4549)?
FineTek Co Ltd reported trailing-twelve-month revenue of about 1.2B TWD (latest available figure, as of Sep 24, 2026).
Does FineTek Co Ltd pay a dividend?
FineTek Co Ltd currently shows a dividend yield of about 3.09% relative to its recent price (as of Sep 24, 2026).
What growth is priced into FineTek Co Ltd (4549)?
For today's price to be fair in a discounted-cash-flow model, FineTek Co Ltd would have to grow free cash flow by +31.8 % per year for five years (discount rate 11.8 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +4.2 % per year. As of Sep 24, 2026.
What discount rate (WACC) does the fair value of 4549 use?
Our models discount FineTek Co Ltd at 11.8 %: a base by market capitalisation (micro), damped by beta 0.34, 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 FineTek Co Ltd that is +31.8 % per year a year over ten years, using the same discount rate (11.8 %) and the same formula as our fair value.
How much growth has FineTek Co Ltd (4549) delivered so far?
Over the past 5 years revenue at FineTek Co Ltd grew +4.2 % a year. The price currently implies +31.8 % 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 FineTek Co Ltd (4549) growing?
The median revenue growth in the sector is +8.2 % a year. That is the yardstick for the growth priced into FineTek Co Ltd (+31.8 % 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 FineTek Co Ltd (4549)?
The free-cash-flow yield on the price is 2.01 %: that much free cash flow FineTek Co Ltd produces per unit of market value. When it exceeds the discount rate of our models (11.8 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of FineTek Co Ltd (4549)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For FineTek Co Ltd it is 42.66 TWD per share (as of Sep 24, 2026), against a price of 97.10 TWD. It is the blended result of 22 valuation models (cash flow, earnings, asset, dividend).
Is FineTek Co Ltd stock overvalued or undervalued in 2026?
As of Sep 24, 2026, 4549 trades above its calculated fair value: price 97.10 TWD, fair value 42.66 TWD, a gap of about −56% (overvalued). 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 4549?
No. The price is what the market pays today (97.10 TWD); the fair value is what the company's own numbers justify (42.66 TWD). For FineTek Co Ltd the two are 54.44 TWD per share apart. That gap is exactly why we show both numbers side by side.
How much is FineTek Co Ltd worth?
The market values FineTek Co Ltd at about 5.5B TWD (market capitalisation, as of Sep 24, 2026). Per share that is 97.10 TWD; our models calculate a fair value of 42.66 TWD per share.
What do the bullish and bearish scenarios say about 4549?
Our models span a range for FineTek Co Ltd: cautious scenario 31.26 TWD, base 42.66 TWD, optimistic 55.00 TWD per share (as of Sep 24, 2026, price 97.10 TWD). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 4549?
FineTek Co Ltd trades at a price-to-earnings ratio of 29.3 (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 42.66 TWD is built from several models across several years. Other multiples: P/B 2.9, P/S 4.6, EV/EBITDA 22.7.
How solid is the balance sheet of FineTek Co Ltd (4549)?
Balance-sheet figures for FineTek Co Ltd (as of Sep 24, 2026): return on equity 8.7%, debt of 0.26 per unit of equity. They feed the Quality Score of 62/100, which measures business quality independently of the share price.
How far is 4549 from its 52-week high?
FineTek Co Ltd trades at 97.10 TWD, about 30% below its 52-week high of 138.00 TWD and 13% above the low of 85.60 TWD (as of Sep 24, 2026). Distance from the high says nothing about value: that is what the fair value of 42.66 TWD is for.
Which stocks are comparable to FineTek Co Ltd?
From the same area (Technology) we also value Keysight Technologies, Inc, Garmin Ltd, Teledyne Technologies Incorporated, Chroma ATE Inc, 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 FineTek Co Ltd stock attractive at the current price?
The data as of Sep 24, 2026: price 97.10 TWD, calculated fair value 42.66 TWD (−56%), Quality Score 62/100, from 22 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 4549 calculated?
We run FineTek Co Ltd through 22 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 42.66 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 13.2 % above its aggregate fair value. FineTek Co Ltd itself currently trades above fair value. 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 FineTek Co Ltd (4549)?
The closing price on Sep 24, 2026 was 97.10 TWD. Our model-based fair value is 42.66 TWD, about −56% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with FineTek Co Ltd right now?
The price sits above even our optimistic bull case (55.00 TWD). The favourable scenario is already priced in. Solid but not exceptional quality (62/100) and above fair value, neither a clear bargain nor a standout compounder.
Key figures of FineTek Co Ltd
How large is the market capitalisation of FineTek Co Ltd (4549)?
The market capitalisation of FineTek Co Ltd is 5.5B TWD (≈ $174M). 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 FineTek Co Ltd (4549)?
The price-to-sales ratio of FineTek Co Ltd is 4.49 (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 FineTek Co Ltd (4549)?
Earnings per share at FineTek Co Ltd are 3.31 TWD (price ÷ EPS = P/E 29.3). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of FineTek Co Ltd (4549)?
The dividend yield of FineTek Co Ltd is 3.1% (payout 90.6%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of FineTek Co Ltd (4549)?
The net margin of FineTek Co Ltd is 15.3% (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 FineTek Co Ltd (4549)?
The return on equity (ROE) of FineTek Co Ltd is 8.7% (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 FineTek Co Ltd (4549)?
On an EBIT basis the return on assets of FineTek Co Ltd is 13.8% (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 FineTek Co Ltd (4549)?
The operating margin of FineTek Co Ltd is 19.0% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at FineTek Co Ltd (4549)?
Revenue at FineTek Co Ltd is growing −9.4% versus a year earlier (3y avg −4.8%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at FineTek Co Ltd (4549)?
Earnings per share at FineTek Co Ltd are growing −26.7% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does FineTek Co Ltd (4549) hold?
FineTek Co Ltd holds more cash than debt, 380M TWD net (fiscal year 2023). The company holds more cash than debt, a safety cushion.
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