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Ying Han Technology Co (4562) Fair Value & Analysis

Industrials · TW · Market cap 2.8B TWD

YH Ying Han Technology Co 4562 · TW
Price32.50 TWD
Fair Value16.14 TWD
Upside-50.3%
Quality37/100
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Weak Growth
Loss-making · -15.1% net margin
Low debt · negative free cash flow
Trails peers (2/10)
Narrow moat 6/100
Evidence: Low Range 11.19 TWD – 21.44 TWD Share as image

Fair value as of: Jul 21, 2026

From 3 valuation models · updated 20 days ago

Fair value updated Jul 21, 2026, revised from 16.25 TWD to 16.14 TWD (−0.7%) since Jul 11, 2026. Share price −4.4% over the past month.

Below-average quality, and screening another 50% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (21.44 TWD). The favourable scenario is already priced in.
  • Weak quality (37/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • A fairly wide model range (11.19 TWD to 21.44 TWD) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

80.00 TWD 14.10 TWD Fair Value 16.14 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 14.10 TWD – 80.00 TWD · fair‑value band 11.19 TWD – 21.44 TWD · the 32.50 TWD price screens above the 16.14 TWD fair value. Dashed = 300-day average. As of Jul 21, 2026.

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Analysis

Ying Han Technology Co (4562) currently trades at 32.50 TWD, while our model-based Fair Value estimate is 16.14 TWD, implying the stock looks roughly 50.3% overvalued today. The Quality Score stands at 37/100 (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: low).

Over the trailing twelve months, Ying Han Technology Co generated revenue of 700M TWD at a net margin of -15.1%. Revenue declined 8.3% year over year. It earns a return on equity of -11.0%. Net debt stands at 758M TWD. Fundamentals as of Jul 21, 2026

Our scenario range runs from 11.19 TWD (bear case) to 21.44 TWD (bull case); at 32.50 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 47% below its 52-week high and 10% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -48% fair-value upside, at -50%, 4562 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
Gordon GGM 10.16 TWD 14.12 TWD 18.04 TWD 70
DDM Multi-Stage 10.16 TWD 14.01 TWD 18.32 TWD 61
NCAV (Graham) 5.17 TWD 6.92 TWD 10.34 TWD 50
All 3 models by family
Dividend Discount
Gordon GGM 10.16 TWD 14.12 TWD 18.04 TWD 70
DDM Multi-Stage 10.16 TWD 14.01 TWD 18.32 TWD 61
Asset-Based
NCAV (Graham) 5.17 TWD 6.92 TWD 10.34 TWD 50

Widest divergence: Dividend Discount (14.01 TWD) versus Asset-Based (6.92 TWD). Highest evidence: Gordon GGM (70).

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Key figures & financial health

Revenue (TTM) 700M TWD
Revenue growth (YoY) -8.3%
Net margin -15.1%
Return on equity -11.0%
Free cash flow −115M TWD FY2025
Operating margin -6.8%
More key figures
EPS (TTM) -1.28 TWD
EPS growth (YoY) +187%
Net debt 758M TWD FY2025

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

Quality Score breakdown

Overall quality 37/100

Of which business quality 35 · Market factors (momentum, volatility) 25

Profitability 8
Margins and returns on capital today
Quality Growth 24
Are margins and returns improving?
Cashflow 6
Earnings quality: real cash, not paper profit
Fin. Strength 38
Balance sheet, leverage, solvency risk
Investment 96
Disciplined investing over empire-building
Low Volatility 57
Calm price path (market factor)
Momentum 15
Price trend over the last 3–12 months (market factor)
52W Momentum 5
Distance to the 52-week high (market factor)
Net Issuance 81
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

Ying Han Technology Co., Ltd. manufactures, supplies, and sells tube and pipe bending machinery in Taiwan and internationally.

Full company description

Ying Han Technology Co., Ltd. manufactures, supplies, and sells tube and pipe bending machinery in Taiwan and internationally. The company offers full and semi-auto, and conventional tube benders; end-forming machines; cutting machines; wire benders; robots; automation bending work cells; laser tube cutting machines; machining centers; and tube feeding machines. It serves vehicle, furniture, fitness, air conditioner, home appliance, aerospace, agricultural machinery, shipbuilding, chemical, and heavy industries through sales and service network. The company was founded in 1976 and is based in Tainan City, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Ying Han Technology Co reported revenue of 716M TWD in FY2025 versus 824M TWD in FY2021, a compound −3.4%/yr. Reported net income was −112M TWD in FY2025.

Growth Quality 9/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
716M TWD
Latest YoY
−7.8%
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.
−2.0%
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.
+1.7%
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.
+15.0%
Revenue −3.4%/yr
FY21 824M TWD
FY22 762M TWD
FY23 742M TWD
FY24 777M TWD
FY25 716M TWD
Net income
FY21 −136M TWD
FY22 −14.1M TWD
FY23 −80.8M TWD
FY24 −39.4M TWD
FY25 −112M TWD

4562 screens 50% overvalued. Compare with GE Vernova Inc →

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Cite: Fair Value Calculator (2026). "Ying Han Technology Co Fair Value". https://www.fairvalue-calculator.com/stock/4562

Peer Group

Specialty Industrial Machinery · 808 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 37 · Bottom 25%
Fair Value upside −50% · Below median
Return on assets -3% · Bottom 25%
Net margin (TTM) -15% · Bottom 25%
Operating margin (TTM) -7% · Bottom 25%
Revenue growth -8% · Bottom 25%
Debt / equity 0.20× · Higher than median

Valuation Multiples vs Specialty Industrial Machinery median · lower = cheaper

P/B 0.10× · Cheaper than 75% of peers
P/S (TTM) 0.12× · 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 23
PAST 0 · sector 28
HEALTH 90 · sector 96
DIVIDEND 0 · sector 24

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 Specialty Industrial Machinery stocks, each showing price versus our Fair Value estimate (as of Jul 21, 2026).

Stock Price Fair Value vs Fair Value
GE Vernova Inc 1GEV €887.60 €186.93 -79%
1SIE 1SIE €273.20 €91.93 -66%
SMNS SMNS C$31.76 C$22.68 -29%
Eaton Corporation ETN $407.28 $171.92 -58%
Atlas Copco AB ATCOA kr 195.15 kr 112.59 -42%
Sandvik AB SAND kr 384.10 kr 193.01 -50%
Doosan Enerbility Co 034020 76,400 KRW 7,938 KRW -90%
Vestas Wind Systems A/S VWS kr 178.10 kr 124.54 -30%
Zhejiang Sanhua Intelligent Controls Co 002050 ¥43.20 ¥22.68 -48%
NARI Technology Co 600406 ¥22.19 ¥18.71 -16%

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Frequently asked questions

Is Ying Han Technology Co (4562) overvalued or undervalued?
As of Jul 21, 2026, our model estimates a fair value of 16.14 TWD versus a price of 32.50 TWD, about −50% (overvalued).
What is the fair value of 4562?
Our model-based fair value for Ying Han Technology Co is 16.14 TWD (as of Jul 21, 2026), built from audited fundamentals. The current price is 32.50 TWD.
What is the quality score of 4562?
Ying Han Technology Co has a Quality Score of 37/100. 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 Ying Han Technology Co (4562)?
Ying Han Technology Co reported trailing-twelve-month revenue of about 700M TWD (latest available figure, as of Jul 21, 2026).
What is the net profit margin of 4562?
The net profit margin of Ying Han Technology Co is about -15.1%, 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.

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