Chang Jia M&E Engineering (4550) fair value: what the stock is really worth
As of Sep 24, 2026: fair value of Chang Jia M&E Engineering TWD 26.06, price TWD 24.00, upside +8.6%, quality 61 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
- Fair value above price? Yes
- Good quality? Yes
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Chang Jia M&E Engineering
4550 · TWONeutralThe stock looks roughly fairly valued with average quality.
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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 18.20 TWD – 42.50 TWD · fair‑value band 20.14 TWD – 31.98 TWD · the 24.00 TWD price screens below the 26.06 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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Company profile
Chang Jia M&E Engineering Corp., together with its subsidiaries, engages in the planning, design, and engineering contracting of electrical, drainage, and air-conditioning equipment for various commercial buildings and factories in Taiwan. It operates through Mechanical and Electrical; and Sports and Leisure segments.
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Chang Jia M&E Engineering Corp., together with its subsidiaries, engages in the planning, design, and engineering contracting of electrical, drainage, and air-conditioning equipment for various commercial buildings and factories in Taiwan. It operates through Mechanical and Electrical; and Sports and Leisure segments. The company offers project construction management services for water supply, drainage, sewage, and wastewater system engineering; power plant, steam, and electricity symbiosis system engineering; ultra-high and high/low voltage system electrical transmission and distribution engineering; access control security, parking fees, and building automation system engineering; fire alarm and smoke exhaust system engineering; and special mechanical and electrical engineering services for electronic semiconductor factories and clean rooms. It is also involved in the provision of refrigerating, air-conditioning, ventilation and exhaust, and central monitoring energy management systems; planning and construction management of mechanical and electrical systems for high-rise buildings; system planning, detailed design, and construction supervision and management services; and wireless network domain and weak current projects, such as communications and broadcasting solutions. In addition, the company offers mechanical and electrical system integration services in technical, civil engineering, construction, structure, electricity, weak current, instrumentation and control, fire protection, water supply, drainage, air conditioning and cooling, monitoring, clean room, and other system fields. Further, it operates sports centers and basketball stadiums. Chang Jia M&E Engineering Corp. was founded in 1998 and is based in Taipei, Taiwan.
Stock analysis
Chang Jia M&E Engineering (4550) currently trades at 24.00 TWD, while our model-based Fair Value estimate is 26.06 TWD, implying the stock looks roughly 7.9% fairly valued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of 48.42 TWD per share, and 13 of the 24 models we run sit above the 24.00 TWD price.
Bear case: the Earnings-Based group reads lowest at 11.11 TWD, and 11 of the 24 models stay below the price. Evidence for this calculation is low.
Scenario range: 20.14 TWD (bear) to 31.98 TWD (bull), the price of 24.00 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 61/100 (solid quality), in the Industrials sector.
Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.
Chang Jia M&E Engineering reported revenue of 919M TWD in FY2025 versus 1.4B TWD in FY2021, a compound −10.3%/yr. Reported net income was 50.6M TWD in FY2025, compounding −1.4%/yr from FY2021.
Key figures
Market cap 908M TWD (≈ $28.5M) · P/E ratio 12.5 · P/S ratio 0.69 · EPS (TTM) 1.92 TWD · Dividend yield 5.1% · Net margin 5.5% · Return on equity 7.9% · Return on assets (EBIT) 6.7%.
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 15% below its 52-week high and 3% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −31% fair-value upside, at 9%, 4550 screens cheaper than that median.
Fair Value models
All 24 models by family
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Set up alert →Quality Score breakdown
Of which business quality 62 · Market factors (momentum, volatility) 51
Revenue & earnings trend
Growth Forecast
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Compare Chang Jia M&E Engineering 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.Engineering & Construction · 838 stocks
Valuation Multiplesvs Engineering & Construction median · lower = cheaper
Strength profile in five axes (Snowflake)
Context: sector, industry, market
- Is the Industrials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- 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 Engineering & Construction stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Quanta Services, Inc PWR | $642.63 | $163.08 | −75% |
| Vinci SA DG | €112.30 | €185.62 | +65% |
| Comfort Systems USA, Inc FIX | $1,625 | $1,122 | −31% |
| Larsen & Toubro Limited LT | ₹3,930 | ₹1,994 | −49% |
| Ferrovial N.V FER | $56.30 | $24.01 | −57% |
| Samsung C&T Corporation 028260 | 367,000 KRW | 256,792 KRW | −30% |
| HOCHTIEF Aktiengesellschaft HOT | €403.60 | €203.87 | −49% |
| ACS, Actividades de Construcción y Servicios, S.A ACS | €95.95 | €75.04 | −22% |
| EMCOR Group EME | $756.50 | $521.87 | −31% |
| MasTec, Inc MTZ | $221.69 | $106.05 | −52% |
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Key figures of Chang Jia M&E Engineering
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