EN DE
Check 35,000+ stocks against 26 valuation models and 37 quality factors
Data-driven stock valuation

Joy Industrial Co., Ltd. (4559) fair value: what the stock is really worth

As of Sep 23, 2026: fair value of Joy Industrial Co., Ltd. TWD 12.16, price TWD 7.60, upside +60.0%, quality 60 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.

  1. Fair value above price? Yes
  2. Good quality? Yes
  3. Add to watchlist

Consumer Cyclical · TW · ISIN TW0004559000

JI Thin data Sep 24, 2026

Joy Industrial Co., Ltd.

4559 · TWO

Clearly undervaluedStrong Fair Value upside, but quality is only moderate.

✓Fair value 12.16 TWD · Strongly undervalued (+60%)
!Quality 60/100
!Weak Growth (revenue 5y +2.6 %/yr)
!Thin margins · 1.0% net margin (TTM)
✓Low debt · generates free cash flow
!Mixed vs. peers (8/14)
!Narrow moat 24/100
!Evidence only low, so the estimate is less certain
!Weak on past: 12 out of 100

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

Price vs Fair Value

18.20 TWD 6.37 TWD Fair Value 12.16 TWD Apr 2021 Sep 2026

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 6.37 TWD – 18.20 TWD · fair‑value band 9.71 TWD – 12.16 TWD · the 7.60 TWD price screens below the 12.16 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. Dashed = 300-day average. As of Sep 24, 2026.

Follow Joy Industrial Co. in your weekly email

Every Wednesday you see whether Joy Industrial Co. is on track or worth a review, plus price against fair value. Free, up to 3 stocks.

We send you a confirmation link. Unsubscribe with one click.

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

Company profile

Joy Industrial Co., Ltd. engages in the research, development, manufacture, import, export, wholesale, trade, and sale of bicycle parts in Taiwan, China, Europe, and internationally. The company offers bicycle hubs and wheelsets; and carbon fiber front fork and grip products.

Show more

Joy Industrial Co., Ltd. engages in the research, development, manufacture, import, export, wholesale, trade, and sale of bicycle parts in Taiwan, China, Europe, and internationally. The company offers bicycle hubs and wheelsets; and carbon fiber front fork and grip products. It is also involved in the manufacture of bicycles, automobiles, and traffic equipment parts and accessories; design, development, and production of carbon fiber clad molds; and production and trading of thermoformed bicycles and related accessories. In addition, the company provides hardware products, traffic equipment motors, and controllers; and precision stamping dies, molds, flywheels, transmission, and other parts. The company was formerly known as Jiuyu Industry Co., Ltd. and changed its name to Joy Industrial Co., Ltd. in January 2010. Joy Industrial Co., Ltd. was incorporated in 1971 and is based in Taichung, Taiwan.

Stock analysis

Joy Industrial Co., Ltd. (4559) currently trades at 7.60 TWD, while our model-based Fair Value estimate is 12.16 TWD, implying the stock looks roughly 37.5% undervalued today.

Show more

Valuation

Bull case: the DCF Models group reads highest at a median of 9.59 TWD per share, and 10 of the 24 models we run sit above the 7.60 TWD price.

Bear case: the Economic Profit group reads lowest at 2.31 TWD, and 14 of the 24 models stay below the price. Evidence for this calculation is low.

Scenario range: 9.71 TWD (bear) to 12.16 TWD (bull), the price of 7.60 TWD sits below 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 60/100 (solid quality), in the Consumer Cyclical sector.

Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.

Joy Industrial Co., Ltd. reported revenue of 1.3B TWD in FY2024 versus 1.1B TWD in FY2020, a compound +3.0%/yr. Reported net income was 2.1M TWD in FY2024, compounding −51.3%/yr from FY2020.

Key figures

Market cap 587M TWD (≈ $18.4M) · P/E ratio 44.7 · P/S ratio 0.08 · EPS (TTM) 0.1700 TWD · Dividend yield 4.1% · Net margin 0.2% · Return on equity 3.0% · Return on assets (EBIT) 0.7%.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 31 out of 100 (low confidence).

What moves the price

The share trades about 50% below its 52-week high and 13% above its 52-week low, currently below its 200-day average.

For context, the median of 10 Consumer Cyclical peers we cover trades at −19% fair-value upside, at 60%, 4559 screens cheaper than that median.

Fair Value models

Bear 9.71 TWD Fair Value 12.16 TWD Bull 12.16 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 2024 figures (about 12 months old). Earnings retained since then (0.1700 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.
Highest evidence
FCF DCF 11.31 TWD 15.24 TWD 22.28 TWD 78
Growth DCF 11.76 TWD 15.55 TWD 21.81 TWD 77
Owner Earnings 9.31 TWD 12.51 TWD 18.25 TWD 74
All 24 models by family
DCF Models
FCF DCF 11.31 TWD 15.24 TWD 22.28 TWD 78
Owner Earnings 9.31 TWD 12.51 TWD 18.25 TWD 74
5Y Revenue Exit 6.52 TWD 8.02 TWD 10.19 TWD 72
5Y EBITDA Exit 11.59 TWD 16.80 TWD 23.70 TWD 73
5Y P/E Exit 5.16 TWD 5.67 TWD 6.33 TWD 70
10Y Revenue Exit 8.31 TWD 9.59 TWD 10.84 TWD 66
10Y EBITDA Exit 11.39 TWD 14.89 TWD 18.59 TWD 68
10Y P/E Exit 7.58 TWD 8.17 TWD 8.63 TWD 63
Earnings-Based
Graham-Dodd 0.2400 TWD 0.3000 TWD 0.3300 TWD 65
EPV 2.08 TWD 2.31 TWD 2.52 TWD 74
Dividend Discount
Gordon GGM 3.51 TWD 3.83 TWD 4.31 TWD 67
DDM Multi-Stage 3.51 TWD 4.34 TWD 5.47 TWD 65
Multiples
P/E Multiple 0.5900 TWD 0.7800 TWD 0.9800 TWD 63
P/S Multiple 0.4500 TWD 0.6000 TWD 0.7600 TWD 58
P/B Multiple 0.4500 TWD 0.6000 TWD 0.7600 TWD 55
EV/EBIT 5.04 TWD 6.53 TWD 8.01 TWD 66
EV/EBITDA 13.65 TWD 18.01 TWD 22.37 TWD 67
EV/Revenue 3.58 TWD 4.87 TWD 6.16 TWD 54
Asset-Based
NCAV (Graham) 5.36 TWD 7.18 TWD 10.72 TWD 54
Growth DCF
Growth DCF 11.76 TWD 15.55 TWD 21.81 TWD 77
Rev-Margin DCF 6.52 TWD 8.28 TWD 10.57 TWD 72
Economic Profit
Residual Income 7.10 TWD 6.56 TWD 4.37 TWD 74
ROIC Compounder 2.08 TWD 2.31 TWD 2.52 TWD 70
Growth Earnings
Growth-Adj P/E 0.4100 TWD 0.5900 TWD 0.7700 TWD 65

Open the full fair value analysis →

Notify me when 4559 reaches fair value

Put 4559 on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.

Set up alert →

Quality Score breakdown

Overall quality 60/100

Of which business quality 57 · Market factors (momentum, volatility) 38

Profitability 23
Margins and returns on capital today
Quality Growth 100
Are margins and returns improving?
Cashflow 56
Earnings quality: real cash, not paper profit
Fin. Strength 29
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 40
Price trend over the last 3–12 months (market factor)
52W Momentum 23
Distance to the 52-week high (market factor)
Net Issuance 72
Share count: buybacks or dilution?

Open the full quality analysis →

Revenue & earnings trend

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
+33.7%
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.
−7.3%
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.
+2.6%
Revenue growth 11 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.
−3.9%
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.
−40.2%
Earnings growth per share plus dividend.
Earnings per share, growth per year−44.3%
Dividend (yield on the price)4.1%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.−44% vs −29%, slowing
Profit margin 2019 to 2024 ⓘ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.0% → 2%
⚠ Revenue per share shrinking 10.1%/yr over ~9Y (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

Price in line with expectations
The price assumes about as much growth as 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).
+4.7%
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 +3.1% a year for the price.

Watch 4559, get fair value alerts →

Compare Joy Industrial Co., Ltd. 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.Auto Parts · 695 stocks

Beats the industry median on 8/14 measures
A mixed picture versus its industry peers.
Valuation
Quality Score 60 · Top 25%
Fair Value upside +60% · Top 25%
Profitability
Return on equity (TTM) 3% · Below median
Return on assets 1% · Bottom 25%
Net margin (TTM) 1% · Below median
Operating margin (TTM) 6% · Above median
Growth and dividend
Revenue growth −16% · Bottom 25%
Dividend yield (TTM) 4.1% · Top 25%
Balance sheet
Debt / equity 0.49× · Highest 25%

Valuation Multiplesvs Auto Parts median · lower = cheaper

P/E (TTM) 44.7× · Priciest 25%
P/B 0.91× · Cheaper than median
P/S (TTM) 0.58× · Cheaper than median
P/FCF 0.3× · Cheaper than median
EV/EBITDA 6.2× · Cheaper than median

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)100 · sector 26
FUTURE (revenue growth)0 · sector 19
PAST (return on equity)12 · sector 28
HEALTH (low debt)75 · sector 95
DIVIDEND (yield)82 · sector 38

Context: sector, industry, market

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

Similar stocks

10 more Auto Parts stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value
O'Reilly Automotive, Inc ORLY $85.82 $48.08 −44%
AutoZone, Inc AZO $2,895 $2,368 −18%
Hyundai Mobis Co 012330 367,500 KRW 631,641 KRW +72%
Fuyao Glass Industry Group 600660 ¥53.77 ¥75.79 +41%
Magna International Inc MGA $63.79 $68.17 +7%
Samvardhana Motherson International Limited MOTHERSON ₹164.40 ₹96.97 −41%
Ningbo Tuopu Group 601689 ¥45.71 ¥28.28 −38%
Bosch Limited BOSCHLTD ₹47,955 ₹25,325 −47%
Bharat Forge Limited BHARATFORG ₹2,004 ₹407.35 −80%
Huizhou Desay SV Automotive Co 002920 ¥84.71 ¥68.21 −19%

Explore undervalued stocks

More undervalued Consumer Cyclical stocks →

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

Try a ready-made strategy

Pick a strategy and jump into the live analysis with that exact screen applied.

🥇 Backtested Best 🏆 Big Names ⭐ Top Rated 💎 Quality on Sale 🚀 Profitable Growth 🧊 Quality Compounders 💵 Dividend Stars 📈 Strong Momentum 📉 Fallen Angels ⚖️ Deeply Undervalued 🔍 Small-Cap Gems 🏰 Moat at a Fair Price 💼 Insider Buying 🎩 Buffett-Style Quality 📚 Peter Lynch GARP 🧮 Greenblatt Magic Formula 🛡️ Graham Defensive

Discover tools

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). "Joy Industrial Co., Ltd. Fair Value". https://www.fairvalue-calculator.com/stock/4559

Frequently asked questions

Is Joy Industrial Co., Ltd. (4559) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of 12.16 TWD versus a price of 7.60 TWD, about +60% upside (undervalued).
What is the fair value of 4559?
Our model-based fair value for Joy Industrial Co., Ltd. is 12.16 TWD (as of Sep 24, 2026), built from audited fundamentals. The current price: 7.60 TWD.
What is the quality score of 4559?
Joy Industrial Co., Ltd. has a Quality Score of 60/100. 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 Joy Industrial Co., Ltd. (4559)?
Our model-based price target is the fair value of 12.16 TWD (as of Sep 24, 2026) from 24 valuation models. Cautious scenario 9.71 TWD, optimistic scenario 12.16 TWD. It is a calculation from audited fundamentals, not an analyst target.
What is the Joy Industrial Co., Ltd. stock forecast for 2026?
Our models put fair value at 12.16 TWD, about +60% upside versus a price of 7.60 TWD (undervalued). Cautious scenario 9.71 TWD, optimistic scenario 12.16 TWD. The calculation is refreshed regularly with new filings.
What is the revenue of Joy Industrial Co., Ltd. (4559)?
Joy Industrial Co., Ltd. reported trailing-twelve-month revenue of about 1.0B TWD (latest available figure, as of Sep 24, 2026).
Does Joy Industrial Co., Ltd. pay a dividend?
Joy Industrial Co., Ltd. currently shows a dividend yield of about 4.09% relative to its recent price (as of Sep 24, 2026).
What growth is priced into Joy Industrial Co., Ltd. (4559)?
For today's price to be fair in a discounted-cash-flow model, Joy Industrial Co., Ltd. would have to grow free cash flow by +4.7 % per year for five years (discount rate 9.0 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +2.6 % per year. As of Sep 24, 2026.
What discount rate (WACC) does the fair value of 4559 use?
Our models discount Joy Industrial Co., Ltd. at 9.0 %: a base by market capitalisation (nano), damped by beta 0.30, 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 Joy Industrial Co., Ltd. that is +4.7 % per year a year over ten years, using the same discount rate (9.0 %) and the same formula as our fair value.
How much growth has Joy Industrial Co., Ltd. (4559) delivered so far?
Over the past 5 years revenue at Joy Industrial Co., Ltd. grew +2.6 % a year. The price currently implies +4.7 % 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 Joy Industrial Co., Ltd. (4559) growing?
The median revenue growth in the sector is +5.4 % a year. That is the yardstick for the growth priced into Joy Industrial Co., Ltd. (+4.7 % 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 Joy Industrial Co., Ltd. (4559)?
The free-cash-flow yield on the price is 12.69 %: that much free cash flow Joy Industrial Co., Ltd. produces per unit of market value. When it exceeds the discount rate of our models (9.0 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Joy Industrial Co., Ltd. (4559)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Joy Industrial Co., Ltd. it is 12.16 TWD per share (as of Sep 24, 2026), against a price of 7.60 TWD. It is the blended result of 24 valuation models (cash flow, earnings, asset, dividend).
Is Joy Industrial Co., Ltd. stock overvalued or undervalued in 2026?
As of Sep 24, 2026, 4559 trades below its calculated fair value: price 7.60 TWD, fair value 12.16 TWD, a gap of about +60% (undervalued). 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 4559?
No. The price is what the market pays today (7.60 TWD); the fair value is what the company's own numbers justify (12.16 TWD). For Joy Industrial Co., Ltd. the two are 4.56 TWD per share apart. That gap is exactly why we show both numbers side by side.
How much is Joy Industrial Co., Ltd. worth?
The market values Joy Industrial Co., Ltd. at about 587M TWD (market capitalisation, as of Sep 24, 2026). Per share that is 7.60 TWD; our models calculate a fair value of 12.16 TWD per share.
What do the bullish and bearish scenarios say about 4559?
Our models span a range for Joy Industrial Co., Ltd.: cautious scenario 9.71 TWD, base 12.16 TWD, optimistic 12.16 TWD per share (as of Sep 24, 2026, price 7.60 TWD). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 4559?
Joy Industrial Co., Ltd. trades at a price-to-earnings ratio of 44.7 (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 12.16 TWD is built from several models across several years. Other multiples: P/B 0.9, P/S 0.6, EV/EBITDA 6.2.
How solid is the balance sheet of Joy Industrial Co., Ltd. (4559)?
Balance-sheet figures for Joy Industrial Co., Ltd. (as of Sep 24, 2026): return on equity 3.0%, debt of 0.49 per unit of equity. They feed the Quality Score of 60/100, which measures business quality independently of the share price.
How far is 4559 from its 52-week high?
Joy Industrial Co., Ltd. trades at 7.60 TWD, about 50% below its 52-week high of 15.20 TWD and 13% above the low of 6.70 TWD (as of Sep 23, 2026). Distance from the high says nothing about value: that is what the fair value of 12.16 TWD is for.
Which stocks are comparable to Joy Industrial Co., Ltd.?
From the same area (Consumer Cyclical) we also value O'Reilly Automotive, Inc, AutoZone, Inc, Hyundai Mobis Co, Fuyao Glass Industry Group, 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 Joy Industrial Co., Ltd. stock attractive at the current price?
The data as of Sep 24, 2026: price 7.60 TWD, calculated fair value 12.16 TWD (+60%), Quality Score 60/100, 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 4559 calculated?
We run Joy Industrial Co., Ltd. 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 12.16 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. Joy Industrial Co., Ltd. currently trades 60 % 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 Joy Industrial Co., Ltd. (4559)?
The closing price on Sep 23, 2026 was 7.60 TWD. Our model-based fair value is 12.16 TWD, about +60% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Joy Industrial Co., Ltd. right now?
The price is below even our cautious bear case (9.71 TWD). The market is more pessimistic than our downside scenario. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid quality (60/100) at a price below fair value, the discount is the argument here, not the business quality.
Where does the earnings growth of Joy Industrial Co., Ltd. (4559) come from?
Earnings per share at Joy Industrial Co., Ltd. grew −7.3 % a year from 2013 to 2024. Broken into its drivers: revenue per share −9.8 %, EBIT margin −0.1 %, tax rate +0.9 %, residual (interest, one-offs) +1.9 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.

Key figures of Joy Industrial Co., Ltd.

How large is the market capitalisation of Joy Industrial Co., Ltd. (4559)?
The market capitalisation of Joy Industrial Co., Ltd. is 587M TWD (≈ $18.4M). 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 Joy Industrial Co., Ltd. (4559)?
The price-to-sales ratio of Joy Industrial Co., Ltd. is 0.08 (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 Joy Industrial Co., Ltd. (4559)?
Earnings per share at Joy Industrial Co., Ltd. are 0.1700 TWD (price ÷ EPS = P/E 44.7). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Joy Industrial Co., Ltd. (4559)?
The dividend yield of Joy Industrial Co., Ltd. is 4.1% (payout 183%). 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 Joy Industrial Co., Ltd. (4559)?
The net margin of Joy Industrial Co., Ltd. is 0.2% (fiscal year 2024). 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 Joy Industrial Co., Ltd. (4559)?
The return on equity (ROE) of Joy Industrial Co., Ltd. is 3.0% (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 Joy Industrial Co., Ltd. (4559)?
On an EBIT basis the return on assets of Joy Industrial Co., Ltd. is 0.7% (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 Joy Industrial Co., Ltd. (4559)?
The operating margin of Joy Industrial Co., Ltd. is 6.5% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Joy Industrial Co., Ltd. (4559)?
Revenue at Joy Industrial Co., Ltd. is growing −16.4% versus a year earlier (3y avg −7.3%). 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 Joy Industrial Co., Ltd. (4559)?
Earnings per share at Joy Industrial Co., Ltd. are growing +78.2% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Joy Industrial Co., Ltd. (4559) carry?
The net debt of Joy Industrial Co., Ltd. is 579M TWD (fiscal year 2024, ≈ 10.0 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed

Watch Joy Industrial Co., Ltd. in the live analysis

One click puts Joy Industrial Co., Ltd. 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.

Watch for free →

Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.