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Yankey Engineering Co (6691) Fair Value & Analysis

Industrials · TW · Market cap 87.6B TWD

YE Yankey Engineering Co 6691 · TW
Price735.00 TWD
Fair Value380.13 TWD
Upside-48.3%
Quality55/100
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Mixed Growth
Solidly profitable · 12.8% net margin
Low debt · generates free cash flow
2.91% dividend yield
Mixed vs. peers (8/14)
Wide moat 70/100
Evidence: High Range 278.91 TWD – 938.00 TWD Share as image

Fair value as of: Jul 23, 2026

From 26 valuation models · updated 17 days ago

Share price +2.8% over the past month.

A solid business, but screening 48% overvalued on our models.

What matters now

  • The model range is unusually wide (278.91 TWD to 938.00 TWD). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • Solid but not exceptional quality (55/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

797.00 TWD 51.08 TWD Fair Value 380.13 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 51.08 TWD – 797.00 TWD · fair‑value band 278.91 TWD – 938.00 TWD · the 735.00 TWD price screens above the 380.13 TWD fair value. Dashed = 300-day average. As of Jul 23, 2026.

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Analysis

Yankey Engineering Co (6691) currently trades at 735.00 TWD, while our model-based Fair Value estimate is 380.13 TWD, implying the stock looks roughly 48.3% overvalued today. The Quality Score stands at 55/100 (solid 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: high).

Over the trailing twelve months, Yankey Engineering Co generated revenue of 25.4B TWD at a net margin of 12.8%. Revenue grew 76.8% year over year. It earns a return on equity of 58.2%. The balance sheet holds a net cash position of 4.9B TWD. Fundamentals as of Jul 23, 2026

Our scenario range runs from 278.91 TWD (bear case) to 938.00 TWD (bull case); at 735.00 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 near its 52-week high and 116% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -45% fair-value upside, at -48%, 6691 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 BearBaseBull Evidence
Highest evidence
Growth DCF 225.21 TWD 383.33 TWD 702.94 TWD 80
Residual Income 166.65 TWD 214.68 TWD 1,456 TWD 76
Rev-Margin DCF 295.52 TWD 550.13 TWD 1,049 TWD 74
All 26 models by family
DCF Models
FCF DCF 236.83 TWD 348.92 TWD 705.88 TWD 38
Owner Earnings 391.35 TWD 837.80 TWD 1,775 TWD 31
5Y Revenue Exit 283.85 TWD 486.54 TWD 912.90 TWD 39
5Y EBITDA Exit 325.02 TWD 569.80 TWD 1,051 TWD 41
5Y P/E Exit 389.34 TWD 871.27 TWD 1,537 TWD 38
10Y Revenue Exit 264.20 TWD 589.52 TWD 814.85 TWD 36
10Y EBITDA Exit 304.85 TWD 678.18 TWD 1,345 TWD 37
10Y P/E Exit 351.79 TWD 816.69 TWD 1,602 TWD 35
Earnings-Based
Graham-Dodd 168.34 TWD 1,174 TWD 1,647 TWD 54
Lynch FV 497.69 TWD 710.98 TWD 924.28 TWD 50
PEG = 1.0 497.69 TWD 710.98 TWD 924.28 TWD 46
EPV 272.88 TWD 311.47 TWD 345.23 TWD 59
Dividend Discount
Gordon GGM 127.75 TWD 265.61 TWD 421.37 TWD 70
DDM Multi-Stage 127.75 TWD 223.97 TWD 278.77 TWD 61
Multiples
P/E Multiple 389.90 TWD 519.87 TWD 649.84 TWD 63
P/S Multiple 278.02 TWD 370.69 TWD 463.36 TWD 58
P/B Multiple 212.50 TWD 283.33 TWD 354.16 TWD 55
EV/EBIT 434.43 TWD 565.45 TWD 696.48 TWD 53
EV/EBITDA 346.11 TWD 447.69 TWD 549.26 TWD 54
EV/Revenue 274.91 TWD 374.99 TWD 475.08 TWD 43
Asset-Based
NCAV (Graham) 31.48 TWD 42.18 TWD 62.96 TWD 50
Growth DCF
Growth DCF 225.21 TWD 383.33 TWD 702.94 TWD 80
Rev-Margin DCF 295.52 TWD 550.13 TWD 1,049 TWD 74
Economic Profit
Residual Income 166.65 TWD 214.68 TWD 1,456 TWD 76
ROIC Compounder 300.85 TWD 378.89 TWD 473.23 TWD 72
Growth Earnings
Growth-Adj P/E 617.37 TWD 881.96 TWD 1,147 TWD 68

Widest divergence: Growth Earnings (881.96 TWD) versus Asset-Based (42.18 TWD). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 25.4B TWD
Revenue growth (YoY) +76.8%
Net margin 12.8%
Return on equity 58.2%
Free cash flow 1.4B TWD FY2025
P/E ratio 26.9
More key figures
Operating margin 15.7%
EPS (TTM) 26.97 TWD
Dividend yield 2.9%
EPS growth (YoY) +45.1%
Net cash 4.9B TWD FY2025

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

Quality Score breakdown

Overall quality 55/100

Of which business quality 56 · Market factors (momentum, volatility) 77

Profitability 75
Margins and returns on capital today
Quality Growth 72
Are margins and returns improving?
Cashflow 39
Earnings quality: real cash, not paper profit
Fin. Strength 88
Balance sheet, leverage, solvency risk
Investment 44
Disciplined investing over empire-building
Low Volatility 67
Calm price path (market factor)
Momentum 76
Price trend over the last 3–12 months (market factor)
52W Momentum 88
Distance to the 52-week high (market factor)
Net Issuance 0
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

Yankey Engineering Co., Ltd. offers engineering services in Taiwan, China, and Thailand. The company designs and installs clean room systems, refrigeration and air conditioning systems, and ice-making systems; and sells materials for these systems.

Full company description

Yankey Engineering Co., Ltd. offers engineering services in Taiwan, China, and Thailand. The company designs and installs clean room systems, refrigeration and air conditioning systems, and ice-making systems; and sells materials for these systems. It also provides mechanical, electrical, and plumbing turnkey services for commercial office buildings; and high and low voltage transmission system installation, fire protection system, process pipeline system, water supply and drainage system, process exhaust system, and CCTV and security public address system, as well as green energy technology services. Yankey Engineering Co., Ltd. was founded in 1980 and is headquartered in New Taipei City, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Yankey Engineering Co reported revenue of 22.4B TWD in FY2025 versus 10.7B TWD in FY2021, a compound +20.3%/yr. Reported net income was 3.0B TWD in FY2025, compounding +32.9%/yr from FY2021.

Growth Quality 86/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
22.4B TWD
Latest YoY
+47.1%
Avg. growth/yr (3Y)
+17.0%
Avg. growth/yr (5Y)
+33.1%
Avg. growth/yr (6Y)
+27.6%
Revenue +20.3%/yr
FY21 10.7B TWD
FY22 14.0B TWD
FY23 15.5B TWD
FY24 15.2B TWD
FY25 22.4B TWD
Net income +32.9%/yr
FY21 957M TWD
FY22 1.7B TWD
FY23 1.8B TWD
FY24 2.0B TWD
FY25 3.0B TWD

6691 screens 48% overvalued. Compare with Larsen & Toubro Limited →

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Cite: Fair Value Calculator (2026). "Yankey Engineering Co Fair Value". https://www.fairvalue-calculator.com/stock/6691

Peer Group

Engineering & Construction · 837 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 55 · Above median
Fair Value upside −48% · Below median
Return on equity (TTM) 58% · Top 25%
Return on assets 13% · Top 25%
Net margin (TTM) 13% · Top 25%
Operating margin (TTM) 16% · Top 25%
Revenue growth 77% · Top 25%
Dividend yield (TTM) 2.9% · Above median

Valuation Multiples vs Engineering & Construction median · lower = cheaper

P/E (TTM) 26.9× · Pricier than median
P/B 11.53× · Pricier than 75% of peers
P/S (TTM) 3.45× · Pricier than 75% of peers
P/FCF 1.9× · Pricier than median
EV/EBITDA 19.9× · Pricier 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 16
FUTURE 100 · sector 18
PAST 100 · sector 26
HEALTH 100 · sector 94
DIVIDEND 58 · sector 33

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

Stock Price Fair Value vs Fair Value
Larsen & Toubro Limited LT ₹3,815 ₹1,994 -48%
Samsung C&T Corporation 028260 346,000 KRW 268,779 KRW -22%
Hyundai Engineering & Construction Co 000720 99,000 KRW 63,993 KRW -35%
United Integrated Services Co 2404 1,250 TWD 925.62 TWD -26%
Samsung E&A Co 028050 42,550 KRW 44,840 KRW +5%
Rail Vikas Nigam Limited RVNL ₹232.67 ₹61.46 -74%
Daewoo Engineering & Construction Co 047040 16,240 KRW 6,507 KRW -60%
NBCC (India) Limited NBCC ₹96.32 ₹48.22 -50%
Cemindia Projects Limited CEMPRO ₹1,330 ₹730.69 -45%
KEPCO Engineering & Construction Company 052690 92,700 KRW 20,172 KRW -78%

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Frequently asked questions

Is Yankey Engineering Co (6691) overvalued or undervalued?
As of Jul 23, 2026, our model estimates a fair value of 380.13 TWD versus a price of 735.00 TWD, about −48% (overvalued).
What is the fair value of 6691?
Our model-based fair value for Yankey Engineering Co is 380.13 TWD (as of Jul 23, 2026), built from audited fundamentals. The current price is 735.00 TWD.
What is the quality score of 6691?
Yankey Engineering Co has a Quality Score of 55/100. 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 Yankey Engineering Co (6691)?
Yankey Engineering Co reported trailing-twelve-month revenue of about 25.4B TWD (latest available figure, as of Jul 23, 2026).
What is the net profit margin of 6691?
The net profit margin of Yankey Engineering Co is about 12.8%, meaning it keeps roughly 12.8% of revenue as net income. Based on the latest reported figures.
Does Yankey Engineering Co pay a dividend?
Yankey Engineering Co currently shows a dividend yield of about 3.30% 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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