Motion Technology Electric & Machinery Co (4589) Fair Value & Analysis
Industrials · TW · Market cap 914M TWD
Fair value as of: Jul 21, 2026
From 24 valuation models · updated 20 days ago
Share price −14.7% over the past month.
A solid business, screening 21% undervalued on our models.
What matters now
- Solid quality (52/100) at a price below fair value, the discount is the argument here, not the business quality.
- A fairly wide model range (28.32 TWD to 52.14 TWD) leaves room in how you read the outcome.
Price vs Fair Value (3 years)
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
39‑month range 32.50 TWD – 57.10 TWD · fair‑value band 28.32 TWD – 52.14 TWD · the 32.55 TWD price screens below the 39.36 TWD fair value. Dashed = 300-day average. As of Jul 21, 2026.
Analysis
Motion Technology Electric & Machinery Co (4589) currently trades at 32.55 TWD, while our model-based Fair Value estimate is 39.36 TWD, implying the stock looks roughly 20.9% undervalued today. The Quality Score stands at 52/100 (solid 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: medium), always confirm before acting.
Net debt stands at 27.4M TWD. The stock trades on a trailing P/E of 46.2. Fundamentals as of Jul 21, 2026
Our scenario range runs from 28.32 TWD (bear case) to 52.14 TWD (bull case); at 32.55 TWD, the current price sits within 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 34% below its 52-week high, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -48% fair-value upside, at 21%, 4589 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.
All 24 models by family
Widest divergence: Multiples (44.86 TWD) versus Asset-Based (14.95 TWD). Highest evidence: Growth DCF (80).
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Key figures & financial health
Figures from reported company fundamentals · as of Jul 21, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 53 · Market factors (momentum, volatility) 26
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
Motion Technology Electric & Machinery Co., Ltd., together with its subsidiary, designs, manufactures, and sells motors for use in medical appliances, electric wheelchairs, mobility scooters, and elevators and transmission systems.
Full company description
Motion Technology Electric & Machinery Co., Ltd., together with its subsidiary, designs, manufactures, and sells motors for use in medical appliances, electric wheelchairs, mobility scooters, and elevators and transmission systems. The company offers brush DC motors, brushless DC motors, BLDC drivers, servo motors, induction motors, reluctance motor controls, electric logistic equipment, and other products. It sells its products to the United States, Europe, Australia, South Korea, India, and internationally. The company was founded in 2002 and is headquartered in Taoyuan City, Taiwan.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2024 · reported fiscal years
Motion Technology Electric & Machinery Co reported revenue of 913M TWD in FY2024 versus 744M TWD in FY2021, a compound +7.0%/yr. Reported net income was 68.0M TWD in FY2024, compounding +30.0%/yr from FY2021.
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Peer Group
Electrical Equipment & Parts · 530 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.
Valuation Multiples vs Electrical Equipment & Parts median · lower = cheaper
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.
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more Electrical Equipment & Parts stocks, each showing price versus our Fair Value estimate (as of Jul 21, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Contemporary Amperex Technology Co 3750 | HK$675.50 | HK$391.44 | -42% |
| ABB Ltd ABBN | CHF 83.82 | CHF 35.46 | -58% |
| Delta Electronics (Thailand) Public Company TDED | 10.16 SGD | 1.47 SGD | -86% |
| LG Energy Solution, Ltd 373220 | 334,000 KRW | 201,455 KRW | -40% |
| WEG S.A WEGE3 | 13,210 ARS | 7,948 ARS | -40% |
| Sungrow Power Supply Co 300274 | ¥114.79 | ¥123.83 | +8% |
| Shenzhen Inovance Technology Co 300124 | ¥63.43 | ¥33.04 | -48% |
| HD Hyundai Electric Co 267260 | 823,000 KRW | 371,133 KRW | -55% |
| LS ELECTRIC Co 010120 | 190,000 KRW | 31,517 KRW | -83% |
| Sieyuan Electric Co 002028 | ¥151.73 | ¥71.69 | -53% |
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Frequently asked questions
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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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