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Tons Lightology Inc (4972) Fair Value & Analysis

Consumer Cyclical · TW · Market cap 933M TWD

TL Tons Lightology Inc 4972 · TWO
Price17.45 TWD
Fair Value6.82 TWD
Upside-60.9%
Quality40/100
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Evidence: Low Range 6.33 TWD – 7.55 TWD

Fair value as of: Jul 11, 2026

From 3 valuation models · updated today

Fair value updated Jul 11, 2026 — revised from 102.93 TWD to 6.82 TWD (−93.4%) since Jun 24, 2026. Share price +5.4% over the past month.

Price vs Fair Value (12 months)

19.70 TWD 16.35 TWD Fair Value 6.82 TWD Jun 2025 Jul 2026

12‑month range 16.35 TWD – 19.70 TWD · fair‑value band 6.33 TWD – 7.55 TWD · the 17.45 TWD price screens above the 6.82 TWD fair value. As of Jul 11, 2026.

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Analysis

Tons Lightology Inc (4972) currently trades at 17.45 TWD, while our model-based Fair Value estimate is 6.82 TWD — implying the stock looks roughly 60.9% overvalued today. We read business quality at 40/100 (below-average quality), in the Consumer Cyclical 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, Tons Lightology Inc generated revenue of 924M TWD at a net margin of -12.2%. Revenue declined 3.8% year over year. It earns a return on equity of -7.4%. The balance sheet holds a net cash position of 232M TWD. Fundamentals as of Jul 11, 2026

Our scenario range runs from 6.33 TWD (bear case) to 7.55 TWD (bull case); at 17.45 TWD, the current price sits above that range. The share trades about 11% below its 52-week high and 7% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at 40% fair-value upside — at -61%, 4972 screens richer than that median.

Key figures & financial health

Revenue (TTM) 924M TWD
Revenue growth (YoY) -3.8%
Net margin -12.2%
Return on equity -7.4%
Free cash flow −25.5M TWD FY2025
Operating margin -21.5%
More key figures
EPS (TTM) -1.84 TWD
EPS growth (YoY) -79.6%
Net cash 232M TWD FY2023

Figures from reported company fundamentals (EODHD) · as of Jul 11, 2026. TTM = trailing twelve months.

About the company

Tons Lightology Inc., together with its subsidiaries, designs, manufactures, and trades lighting equipment and lamps in Taiwan, rest of Asia, Europe, Oceania, and internationally. Its indoor lighting products include tracks and structures; luminaires for tracks; recessed, frameless, and adjustable downlights; assemblies; display spotlights; surface-mounted ceiling, pendant, wall, linear, task, and micro track lights. The company's outdoor lighting products comprise outdoor downlights, ceiling lights, wall lights, and accessories; in-ground lights; projectors; flood lights; and bollards. In addition, the company engages in the research, development, production, and sales of LED semiconductor application and other products. Its products are used for architectural, retail display, residential, entertainment, outdoor area and commercial/industrial lighting applications. Tons Lightology Inc. was incorporated in 1992 and is headquartered in New Taipei City, Taiwan.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Tons Lightology Inc reported revenue of 933M TWD in FY2025 versus 1.1B TWD in FY2021, a compound −3.0%/yr. Reported net income was −104M TWD in FY2025.

Revenue −3.0%/yr
FY21 1.1B TWD
FY22 914M TWD
FY23 812M TWD
FY24 1.2B TWD
FY25 933M TWD
Net income
FY21 96.0M TWD
FY22 52.4M TWD
FY23 49.1M TWD
FY24 224K TWD
FY25 −104M TWD

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Cite: Fair Value Calculator (2026). "Tons Lightology Inc Fair Value". https://www.fairvalue-calculator.com/stock/4972

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Frequently asked questions

Is Tons Lightology Inc (4972) undervalued?
As of Jul 11, 2026, our model estimates a fair value of 6.82 TWD versus a price of 17.45 TWD — about −61% (overvalued). Model-based estimate, not financial advice.
What is the fair value of 4972?
Our model-based fair value for Tons Lightology Inc is 6.82 TWD (as of Jul 11, 2026), built from audited fundamentals. The current price is 17.45 TWD.
What is the quality score of 4972?
Tons Lightology Inc has a Quality Score of 40/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Tons Lightology Inc (4972)?
Tons Lightology Inc reported trailing-twelve-month revenue of about 924M TWD (latest available figure, as of Jul 11, 2026).
What is the net profit margin of 4972?
The net profit margin of Tons Lightology Inc is about -12.2%, 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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Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.