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Strong H Machinery Technology (Cayman) Incorporation, (4560) Fair Value & Analysis

Industrials · TW · Market cap 2.1B TWD

SH Strong H Machinery Technology (Cayman) Incorporation, 4560 · TW
Price32.40 TWD
Fair Value63.43 TWD
Upside+95.8%
Quality79/100
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Healthy Growth
Solidly profitable · 11.3% net margin
Low debt · generates free cash flow
4.75% dividend yield
Ranks above peers (14/14)
Moderate moat 54/100
Evidence: High Range 47.58 TWD – 79.29 TWD Share as image

Fair value as of: Jul 23, 2026

From 26 valuation models · updated 18 days ago

Share price +0.4% over the past month.

A strong business, screening 96% undervalued on our models.

What matters now

  • The rarer combination: high quality (79/100) AND below fair value. That earns a closer look rather than a quick verdict.
  • The price is below even our cautious bear case (47.58 TWD). The market is more pessimistic than our downside scenario.
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Price vs Fair Value (5 years)

37.71 TWD 26.35 TWD Fair Value 63.43 TWD Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 23, 2026.

How to read this chart

60‑month range 26.35 TWD – 37.71 TWD · fair‑value band 47.58 TWD – 79.29 TWD · the 32.40 TWD price screens below the 63.43 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 23, 2026.

Full chart & analysis →

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Analysis

Strong H Machinery Technology (Cayman) Incorporation, (4560) currently trades at 32.40 TWD, while our model-based Fair Value estimate is 63.43 TWD, implying the stock looks roughly 95.8% undervalued today. The Quality Score stands at 79/100 (high quality), in the Industrials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, Strong H Machinery Technology (Cayman) Incorporation, generated revenue of 1.7B TWD at a net margin of 11.3%. Revenue grew 3.1% year over year. It earns a return on equity of 9.6%. The balance sheet holds a net cash position of 641M TWD. Fundamentals as of Jul 23, 2026

Our scenario range runs from 47.58 TWD (bear case) to 79.29 TWD (bull case); at 32.40 TWD, the current price sits below 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 17% below its 52-week high and 5% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -26% fair-value upside, at 96%, 4560 screens cheaper 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
Growth DCF 53.79 TWD 71.79 TWD 95.93 TWD 80
Residual Income 25.61 TWD 28.45 TWD 42.32 TWD 76
Rev-Margin DCF 45.10 TWD 62.79 TWD 82.60 TWD 74
All 26 models by family
DCF Models
FCF DCF 52.96 TWD 72.98 TWD 101.33 TWD 38
Owner Earnings 48.16 TWD 65.91 TWD 91.06 TWD 31
5Y Revenue Exit 45.10 TWD 62.37 TWD 83.78 TWD 39
5Y EBITDA Exit 53.70 TWD 78.08 TWD 105.78 TWD 41
5Y P/E Exit 52.62 TWD 76.10 TWD 100.03 TWD 38
10Y Revenue Exit 46.79 TWD 62.79 TWD 83.06 TWD 36
10Y EBITDA Exit 53.00 TWD 73.32 TWD 99.11 TWD 37
10Y P/E Exit 52.33 TWD 71.99 TWD 94.91 TWD 35
Earnings-Based
Graham-Dodd 20.54 TWD 56.41 TWD 74.03 TWD 54
Lynch FV 11.21 TWD 16.01 TWD 20.81 TWD 50
PEG = 1.0 11.21 TWD 16.01 TWD 20.81 TWD 46
EPV 37.52 TWD 41.79 TWD 45.48 TWD 59
Dividend Discount
Gordon GGM 10.54 TWD 21.00 TWD 31.80 TWD 70
DDM Multi-Stage 10.54 TWD 16.25 TWD 22.06 TWD 61
Multiples
P/E Multiple 47.58 TWD 63.43 TWD 79.29 TWD 63
P/S Multiple 37.85 TWD 50.47 TWD 63.09 TWD 58
P/B Multiple 38.51 TWD 51.35 TWD 64.19 TWD 55
EV/EBIT 60.85 TWD 77.64 TWD 94.43 TWD 53
EV/EBITDA 59.99 TWD 76.50 TWD 93.01 TWD 54
EV/Revenue 42.26 TWD 55.89 TWD 69.52 TWD 43
Asset-Based
NCAV (Graham) 14.65 TWD 19.63 TWD 29.31 TWD 50
Growth DCF
Growth DCF 53.79 TWD 71.79 TWD 95.93 TWD 80
Rev-Margin DCF 45.10 TWD 62.79 TWD 82.60 TWD 74
Economic Profit
Residual Income 25.61 TWD 28.45 TWD 42.32 TWD 76
ROIC Compounder 38.77 TWD 45.49 TWD 53.16 TWD 72
Growth Earnings
Growth-Adj P/E 37.74 TWD 53.91 TWD 70.09 TWD 68

Widest divergence: DCF Models (71.99 TWD) versus Earnings-Based (16.01 TWD). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 1.7B TWD
Revenue growth (YoY) +3.1%
Net margin 11.3%
Return on equity 9.6%
Free cash flow 276M TWD FY2025
P/E ratio 10.4
More key figures
Operating margin 16.4%
EPS (TTM) 3.02 TWD
Dividend yield 4.8%
EPS growth (YoY) -17.2%
Net cash 641M TWD FY2025

Figures from reported company fundamentals · as of Jul 23, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 79/100

Of which business quality 77 · Market factors (momentum, volatility) 57

Profitability 50
Margins and returns on capital today
Quality Growth 69
Are margins and returns improving?
Cashflow 73
Earnings quality: real cash, not paper profit
Fin. Strength 99
Balance sheet, leverage, solvency risk
Investment 95
Disciplined investing over empire-building
Low Volatility 95
Calm price path (market factor)
Momentum 40
Price trend over the last 3–12 months (market factor)
52W Momentum 43
Distance to the 52-week high (market factor)
Net Issuance 82
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

Strong H Machinery Technology (Cayman) Incorporation, together with its subsidiaries, engages in the manufacture and sale of sewing machine spare parts and face mask machines worldwide.

Full company description

Strong H Machinery Technology (Cayman) Incorporation, together with its subsidiaries, engages in the manufacture and sale of sewing machine spare parts and face mask machines worldwide. It provides edges, needle plates, feed dogs, presser foots, needle clamps, and knives for embroidery sewing machines; and industrial sewing machine knife, straight knife round knifes, gauge sets, needle plate assemblies, and computerized embroidery machine knife. The company also offers overlock and interlock sewing machine automatic trimmer and interlock sewing machine belt cutting device. It provides its products under the STRONG H brand. Strong H Machinery Technology (Cayman) Incorporation was founded in 1994 and is based in Laizhou, China.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Strong H Machinery Technology (Cayman) Incorporation, reported revenue of 1.7B TWD in FY2025 versus 1.7B TWD in FY2021, a compound −0.1%/yr. Reported net income was 206M TWD in FY2025, compounding +0.6%/yr from FY2021.

Growth Quality 77/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
1.7B TWD
Latest YoY
+6.9%
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.
−0.8%
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.
+6.4%
Avg. growth/yr (12Y) 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.
+4.5%
Revenue −0.1%/yr
FY21 1.7B TWD
FY22 1.8B TWD
FY23 1.2B TWD
FY24 1.6B TWD
FY25 1.7B TWD
Net income +0.6%/yr
FY21 201M TWD
FY22 252M TWD
FY23 72.1M TWD
FY24 139M TWD
FY25 206M TWD
Character of growth · EPS growth decomposed (2014-2025) −3.8 % p.a.
Revenue per share +0.9 pp

of which total revenue +2.7 pp · buybacks/dilution −1.8 pp

EBIT margin −7.3 pp
Tax rate +2.1 pp
Residual (interest, one-offs) +0.6 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).

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Cite: Fair Value Calculator (2026). "Strong H Machinery Technology (Cayman) Incorporation, Fair Value". https://www.fairvalue-calculator.com/stock/4560

Peer Group

Tools & Accessories · 119 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 79 · Top 25%
Fair Value upside +96% · Top 25%
Return on equity (TTM) 10% · Above median
Return on assets 7% · Top 25%
Net margin (TTM) 11% · Top 25%
Operating margin (TTM) 16% · Top 25%
Revenue growth 3% · Above median
Dividend yield (TTM) 4.8% · Top 25%

Valuation Multiples vs Tools & Accessories median · lower = cheaper

P/E (TTM) 10.4× · Cheaper than 75% of peers
P/B 1.07× · Cheaper than median
P/S (TTM) 1.24× · Cheaper than median
P/FCF 0.2× · Cheaper than 75% of peers
EV/EBITDA 4.2× · 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 100 · sector 3
FUTURE 16 · sector 14
PAST 38 · sector 28
HEALTH 100 · sector 96
DIVIDEND 95 · sector 36

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 Tools & Accessories stocks, each showing price versus our Fair Value estimate (as of Jul 23, 2026).

Stock Price Fair Value vs Fair Value
Techtronic Industries Company 0669 HK$129.60 HK$81.05 -37%
Snap-on Incorporated SNA $410.99 $350.46 -15%
RBC Bearings Incorporated RBC $595.49 $184.29 -69%
Lincoln Electric Holdings LECO $252.58 $154.80 -39%
Stanley Black & Decker, Inc SWK $88.22 $54.24 -39%
AB SKF (publ) SKFB kr 258.90 kr 192.57 -26%
The Timken Company TKR $139.47 $66.33 -52%
The Toro Company TTC $94.42 $69.71 -26%
SFS Group SFSN CHF 140.00 CHF 118.30 -16%
Hangzhou Greatstar Industrial Co 002444 ¥29.33 ¥35.72 +22%

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Frequently asked questions

Is Strong H Machinery Technology (Cayman) Incorporation, (4560) overvalued or undervalued?
As of Jul 23, 2026, our model estimates a fair value of 63.43 TWD versus a price of 32.40 TWD, about +96% (undervalued).
What is the fair value of 4560?
Our model-based fair value for Strong H Machinery Technology (Cayman) Incorporation, is 63.43 TWD (as of Jul 23, 2026), built from audited fundamentals. The current price is 32.40 TWD.
What is the quality score of 4560?
Strong H Machinery Technology (Cayman) Incorporation, has a Quality Score of 79/100. 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 Strong H Machinery Technology (Cayman) Incorporation, (4560)?
Strong H Machinery Technology (Cayman) Incorporation, reported trailing-twelve-month revenue of about 1.7B TWD (latest available figure, as of Jul 23, 2026).
What is the net profit margin of 4560?
The net profit margin of Strong H Machinery Technology (Cayman) Incorporation, is about 11.3%, meaning it keeps roughly 11.3% of revenue as net income. Based on the latest reported figures.
Does Strong H Machinery Technology (Cayman) Incorporation, pay a dividend?
Strong H Machinery Technology (Cayman) Incorporation, currently shows a dividend yield of about 4.62% relative to its recent price (as of Jul 23, 2026).

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.

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