Arch Meter Corporation (4588) fair value: what the stock is really worth
As of Nov 9, 2026: fair value (intrinsic value) of Arch Meter Corporation stock TWD 76.76, price TWD 55.60, upside +38.1%, quality 51 out of 100. Rating: undervalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 8, 2026.
How to read this chart
48‑month range 27.74 TWD – 126.91 TWD · fair‑value band 41.05 TWD – 103.56 TWD · the 55.60 TWD price screens below the 76.76 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 8, 2026.
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Arch Meter Corporation manufactures and sells electronic measuring meters in Taiwan.
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The company offers embedded instrument; three phase multi-function electricity meter, single phase energy meter IEC and ANSI type, AMI concentrator, and single phase pre-payment meter; multi-function, clip-on CT, compact smart, and multi circuit power meter; and singe phase meter IC for small and middle scale monitoring applications, and large sized campuses, factories, and hospitals.
The company was founded in 1994 is based in Hsinchu City, Taiwan.
Stock analysis
Arch Meter Corporation (4588) currently trades at 55.60 TWD, while our model-based Fair Value estimate is 76.76 TWD, implying the stock looks roughly 28% undervalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of 79.66 TWD per share, and 15 of the 26 models we run sit above the 55.60 TWD price.
Bear case: the Asset-Based group reads lowest at 14.43 TWD, and 11 of the 26 models stay below the price. Data coverage for this calculation is high.
Scenario range: 41.05 TWD (bear) to 103.56 TWD (bull), the price of 55.60 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 51/100 (solid quality), in the Industrials sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Arch Meter Corporation reported revenue of 920M TWD in FY2025 versus 365M TWD in FY2021, a compound +26.0%/yr. Reported net income was 137M TWD in FY2025, compounding +22.8%/yr from FY2021.
Key figures
Market cap 2.4B TWD (≈ $72.9M) Micro · P/E ratio 15.5 · P/S ratio 2.41 · EPS (TTM) 3.59 TWD · Dividend yield 5.4% · Net margin 15.6% · Return on equity 18.4% · Return on assets (EBIT) 10.4% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 64 out of 100 (low confidence).
What moves the price
The share trades about 21% below its 52-week high and 13% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −36% fair-value upside, at 38%, 4588 screens cheaper than that median.
Fair Value models
Bear41.05 TWDFair Value 76.76 TWDBull103.56 TWD
Price 55.60 TWD · Upside +38.1%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (0.5059 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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = 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.94/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
−14.1%
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.
+8.7%
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.
+39.7%
Start year 2020 (pandemic)
Revenue growth 6 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.
+25.5%
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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.
+30.2%
Earnings growth per share plus dividend.
Earnings per share, growth per year+24.8%
Dividend (yield on the price)5.4%
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.2% → 20%
Growth Forecast
Little optimism in the price
The price assumes less 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).
+10.7%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
Calculated on free cash flow for fiscal year 2025. Over the last twelve months it was negative, so the figure above is uncertain.
After inflation (Taiwan: IMF forecast 1.6% a year to 2030, 1.5% from 2016 to 2025) that is about +9.0% 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.Electrical Equipment & Parts · 564 stocks
Beats the industry median on 9/14 measures
Overall it ranks above its industry peers.
Valuation
Quality Score51 · Below median
Fair Value upside+38.1% · Top 25%
Profitability
Return on equity (12 months)18.4% · Top 25%
Return on assets6.5% · Above median
Net margin (12 months)15.6% · Top 25%
Operating margin (12 months)19.9% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)4.6% · Below median
Dividend yield (12 months)5.4% · Top 25%
Balance sheet
Debt / equity0.66× · Highest 25%
Valuation Multiplesvs Electrical Equipment & Parts median · lower = cheaper
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). "Arch Meter Corporation Fair Value". https://www.fairvalue-calculator.com/stock/4588
Frequently asked questions
Is Arch Meter Corporation (4588) overvalued or undervalued?
As of Nov 8, 2026, our model estimates a fair value of 76.76 TWD versus a price of 55.60 TWD, about +38% upside (undervalued).
What is the fair value of 4588?
Our model-based fair value for Arch Meter Corporation is 76.76 TWD (as of Nov 8, 2026), built from audited fundamentals. The current price: 55.60 TWD.
What is the quality score of 4588?
Arch Meter Corporation has a Quality Score of 51/100. 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 Arch Meter Corporation (4588)?
Our model-based price target is the fair value of 76.76 TWD (as of Nov 8, 2026) from 26 valuation models. Cautious scenario 41.05 TWD, optimistic scenario 103.56 TWD. It is a calculation from audited fundamentals, not an analyst target.
What is the Arch Meter Corporation stock forecast for 2026?
Our models put fair value at 76.76 TWD, about +38% upside versus a price of 55.60 TWD (undervalued). Cautious scenario 41.05 TWD, optimistic scenario 103.56 TWD. The calculation is refreshed regularly with new filings.
What is the revenue of Arch Meter Corporation (4588)?
Arch Meter Corporation reported trailing-twelve-month revenue of about 995M TWD (latest available figure, as of Nov 8, 2026).
Does Arch Meter Corporation pay a dividend?
Arch Meter Corporation currently shows a dividend yield of 5.40% relative to its recent price (as of Nov 8, 2026).
How much is the dividend of Arch Meter Corporation (4588) and when is the ex-dividend date?
Arch Meter Corporation pays a dividend of 3.00 TWD per share a year, a dividend yield of 5.4%. The last ex-dividend date was Jul 14, 2026. The payout ratio is 83.6% of earnings. Free cash flow covers the dividend 1.34 times. Our assessment: Sustainable. Payout and cash coverage both look sustainable.
What growth is priced into Arch Meter Corporation (4588)?
For today's price to be fair in a discounted-cash-flow model, Arch Meter Corporation would have to grow free cash flow by +10.7 % 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 +39.7 % per year. Calculated on free cash flow for fiscal year 2025. Over the last twelve months it was negative, so the figure above is uncertain. As of Nov 8, 2026.
What discount rate (WACC) does the fair value of 4588 use?
Our models discount Arch Meter Corporation at 11.8 %: a base by market capitalisation (micro), damped by beta 0.31, 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 Arch Meter Corporation that is +10.7 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (11.8 %) and the same formula as our fair value.
How much growth has Arch Meter Corporation (4588) delivered so far?
Over the past 5 years revenue at Arch Meter Corporation grew +39.7 % a year. The price currently implies free-cash-flow growth of +10.7 % per 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 Arch Meter Corporation (4588) growing?
The median revenue growth in the sector is +7.8 % a year. That is the yardstick for the growth priced into Arch Meter Corporation (+10.7 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Arch Meter Corporation (4588)?
The free-cash-flow yield on the price is 7.21 % in the last fiscal year (free cash flow was negative over the last twelve months): that much free cash flow Arch Meter Corporation 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 Arch Meter Corporation (4588)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Arch Meter Corporation it is 76.76 TWD per share (as of Nov 8, 2026), against a price of 55.60 TWD. It is the blended result of 26 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Arch Meter Corporation stock overvalued or undervalued in 2026?
As of Nov 8, 2026, 4588 trades below its calculated fair value: price 55.60 TWD, fair value 76.76 TWD, a gap of about +38% (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 4588?
No. The price is what the market pays today (55.60 TWD); the fair value is what the company's own numbers justify (76.76 TWD). For Arch Meter Corporation the two are 21.16 TWD per share apart. That gap is exactly why we show both numbers side by side.
How much is Arch Meter Corporation worth?
The market values Arch Meter Corporation at about 2.4B TWD (market capitalisation, as of Nov 8, 2026). Per share that is 55.60 TWD; our models calculate a fair value of 76.76 TWD per share.
What do the bullish and bearish scenarios say about 4588?
Our models span a range for Arch Meter Corporation: cautious scenario 41.05 TWD, base 76.76 TWD, optimistic 103.56 TWD per share (as of Nov 8, 2026, price 55.60 TWD). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 4588?
Arch Meter Corporation trades at a price-to-earnings ratio of 15.5 (as of Nov 8, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 76.76 TWD is built from several models across several years. Other multiples: P/B 2.6, P/S 2.4, EV/EBITDA 11.4.
How solid is the balance sheet of Arch Meter Corporation (4588)?
Balance-sheet figures for Arch Meter Corporation (as of Nov 8, 2026): return on equity 18.4%, debt of 0.66 per unit of equity. They feed the Quality Score of 51/100, which measures business quality independently of the share price.
How far is 4588 from its 52-week high?
Arch Meter Corporation trades at 55.60 TWD, about 21% below its 52-week high of 70.22 TWD and 13% above the low of 49.00 TWD (as of Nov 9, 2026). Distance from the high says nothing about value: that is what the fair value of 76.76 TWD is for.
Which stocks are comparable to Arch Meter Corporation?
From the same area (Industrials) we also value Contemporary Amperex Technology Co, ABB Ltd, Vertiv Holdings, Delta Electronics (Thailand) Public Company, 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 Arch Meter Corporation stock attractive at the current price?
The data as of Nov 8, 2026: price 55.60 TWD, calculated fair value 76.76 TWD (+38%), Quality Score 51/100, from 26 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 4588 calculated?
We run Arch Meter Corporation through 26 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of 76.76 TWD builds on their evidence-weighted average, 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 13.3% above its aggregate fair value. Arch Meter Corporation currently trades 28% 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 Arch Meter Corporation (4588)?
The closing price on Nov 9, 2026 was 55.60 TWD. Our model-based fair value is 76.76 TWD, about +38% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Arch Meter Corporation right now?
Solid quality (51/100) at a price below fair value, the discount is the argument here, not the business quality. A fairly wide model range (41.05 TWD to 103.56 TWD) leaves room in how you read the outcome.
Key figures of Arch Meter Corporation
How large is the market capitalisation of Arch Meter Corporation (4588)?
The market capitalisation of Arch Meter Corporation is 2.4B TWD (≈ $72.9M). 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 Arch Meter Corporation (4588)?
The price-to-sales ratio of Arch Meter Corporation is 2.41 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Arch Meter Corporation (4588)?
Earnings per share at Arch Meter Corporation are 3.59 TWD (price ÷ EPS = P/E 15.5). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Arch Meter Corporation (4588)?
The dividend yield of Arch Meter Corporation is 5.4% (payout 83.6%). 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 Arch Meter Corporation (4588)?
The net margin of Arch Meter Corporation is 15.6% (last twelve months). 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 Arch Meter Corporation (4588)?
The return on equity (ROE) of Arch Meter Corporation is 18.4% (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 Arch Meter Corporation (4588)?
On an EBIT basis the return on assets of Arch Meter Corporation is 10.4% (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 Arch Meter Corporation (4588)?
The operating margin of Arch Meter Corporation is 19.9% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Arch Meter Corporation (4588)?
Revenue at Arch Meter Corporation is growing +4.6% versus a year earlier (3y avg +8.7%). 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 Arch Meter Corporation (4588)?
Earnings per share at Arch Meter Corporation are growing +8.3% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Arch Meter Corporation (4588) carry?
The net debt of Arch Meter Corporation is 522M TWD (fiscal year 2025, ≈ 3.0 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Broad data
Nov 8, 2026