EN DE

Proxene Tools Co (6904) Fair Value & Analysis

Industrials · TW · Market cap 2.3B TWD

PT Proxene Tools Co 6904 · TWO
Price122.00 TWD
Fair Value114.24 TWD
Upside-6.4%
Quality61/100
Watch Proxene Tools Co for free, get notified when fair value or trend changes. Watch for free
Weak Growth
Solidly profitable · 13.3% net margin
Low debt · generates free cash flow
4.20% dividend yield
Ranks above peers (10/14)
Moderate moat 52/100
Evidence: High Range 85.68 TWD – 142.79 TWD Share as image

Fair value as of: Jul 21, 2026

From 24 valuation models · updated 20 days ago

Share price −4.7% over the past month.

A solid business, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • Our model range runs from 85.68 TWD (bear) to 142.79 TWD (bull), base 114.24 TWD. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 61/100 (solid quality) with high evidence: the data supports the verdict.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (4 years)

217.30 TWD 98.91 TWD Fair Value 114.24 TWD Aug 2022 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

48‑month range 98.91 TWD – 217.30 TWD · fair‑value band 85.68 TWD – 142.79 TWD · the 122.00 TWD price screens above the 114.24 TWD fair value. Dashed = 300-day average. As of Jul 21, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Proxene Tools Co (6904) currently trades at 122.00 TWD, while our model-based Fair Value estimate is 114.24 TWD, implying the stock looks roughly 6.4% fairly valued today. The Quality Score stands at 61/100 (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, Proxene Tools Co generated revenue of 844M TWD at a net margin of 13.3%. Revenue declined 7.3% year over year. It earns a return on equity of 10.2%. Net debt stands at 139M TWD. Fundamentals as of Jul 21, 2026

Our scenario range runs from 85.68 TWD (bear case) to 142.79 TWD (bull case); at 122.00 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 about 10% below its 52-week high and 11% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -26% fair-value upside, at -6%, 6904 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.

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
Growth DCF 160.88 TWD 208.20 TWD 286.59 TWD 80
Residual Income 48.49 TWD 53.22 TWD 68.27 TWD 76
Rev-Margin DCF 101.50 TWD 128.14 TWD 162.22 TWD 74
All 24 models by family
DCF Models
FCF DCF 155.20 TWD 204.32 TWD 292.46 TWD 38
Owner Earnings 82.94 TWD 105.63 TWD 146.34 TWD 31
5Y Revenue Exit 101.50 TWD 124.89 TWD 158.61 TWD 39
5Y EBITDA Exit 116.90 TWD 151.55 TWD 197.47 TWD 41
5Y P/E Exit 110.19 TWD 139.94 TWD 175.81 TWD 38
10Y Revenue Exit 121.10 TWD 140.19 TWD 159.37 TWD 36
10Y EBITDA Exit 131.47 TWD 156.30 TWD 181.67 TWD 37
10Y P/E Exit 127.49 TWD 149.29 TWD 169.24 TWD 35
Earnings-Based
Graham-Dodd 36.99 TWD 45.21 TWD 50.86 TWD 54
EPV 84.96 TWD 95.07 TWD 103.79 TWD 59
Dividend Discount
Gordon GGM 79.04 TWD 86.14 TWD 96.88 TWD 70
DDM Multi-Stage 79.04 TWD 97.67 TWD 123.10 TWD 61
Multiples
P/E Multiple 69.36 TWD 92.48 TWD 115.60 TWD 63
P/S Multiple 52.45 TWD 69.93 TWD 87.42 TWD 58
P/B Multiple 69.36 TWD 92.48 TWD 115.60 TWD 55
EV/EBIT 114.54 TWD 145.75 TWD 176.95 TWD 53
EV/EBITDA 103.34 TWD 130.80 TWD 158.27 TWD 54
EV/Revenue 69.89 TWD 90.87 TWD 111.85 TWD 43
Asset-Based
NCAV (Graham) 27.95 TWD 37.45 TWD 55.89 TWD 50
Growth DCF
Growth DCF 160.88 TWD 208.20 TWD 286.59 TWD 80
Rev-Margin DCF 101.50 TWD 128.14 TWD 162.22 TWD 74
Economic Profit
Residual Income 48.49 TWD 53.22 TWD 68.27 TWD 76
ROIC Compounder 84.96 TWD 97.71 TWD 110.53 TWD 72
Growth Earnings
Growth-Adj P/E 49.41 TWD 70.59 TWD 91.76 TWD 68

Widest divergence: DCF Models (140.19 TWD) versus Asset-Based (37.45 TWD). Highest evidence: Growth DCF (80).

Notify me when 6904 reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Revenue (TTM) 844M TWD
Revenue growth (YoY) -7.3%
Net margin 13.3%
Return on equity 10.2%
Free cash flow 268M TWD FY2025
P/E ratio 23.5
More key figures
Operating margin 13.8%
EPS (TTM) 5.41 TWD
Dividend yield 4.2%
EPS growth (YoY) +44.7%
Net debt 139M TWD FY2024

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

Quality Score breakdown

Overall quality 61/100

Of which business quality 65 · Market factors (momentum, volatility) 60

Profitability 40
Margins and returns on capital today
Quality Growth 14
Are margins and returns improving?
Cashflow 100
Earnings quality: real cash, not paper profit
Fin. Strength 92
Balance sheet, leverage, solvency risk
Investment 59
Disciplined investing over empire-building
Low Volatility 94
Calm price path (market factor)
Momentum 47
Price trend over the last 3–12 months (market factor)
52W Momentum 43
Distance to the 52-week high (market factor)
Net Issuance 62
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

Proxene Tools Co., Ltd. manufactures and sells various series of adjustable wrenches. and pliers in Taiwan. The company serves engineering, plumbing, construction, industrial and automotive sector. It also exports its products. The company was founded in 1984 and is based in Taichung, Taiwan. As of March 31, 2025, Proxene Tools Co., Ltd.

Full company description

Proxene Tools Co., Ltd. manufactures and sells various series of adjustable wrenches. and pliers in Taiwan. The company serves engineering, plumbing, construction, industrial and automotive sector. It also exports its products. The company was founded in 1984 and is based in Taichung, Taiwan. As of March 31, 2025, Proxene Tools Co., Ltd. operates as a subsidiary of FuSheng Precision Co., Ltd.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Proxene Tools Co reported revenue of 863M TWD in FY2025 versus 810M TWD in FY2021, a compound +1.6%/yr. Reported net income was 101M TWD in FY2025, compounding −5.2%/yr from FY2021.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
863M TWD
Latest YoY
−3.1%
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.
−1.6%
Revenue +1.6%/yr
FY21 810M TWD
FY22 904M TWD
FY23 916M TWD
FY24 890M TWD
FY25 863M TWD
Net income −5.2%/yr
FY21 125M TWD
FY22 181M TWD
FY23 170M TWD
FY24 194M TWD
FY25 101M TWD

Watch 6904: get an alert when its fair value changes →

Share or link this analysis
For bloggers & editors: embed code + live data

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). "Proxene Tools Co Fair Value". https://www.fairvalue-calculator.com/stock/6904

Peer Group

Tools & Accessories · 119 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 61 · Above median
Fair Value upside −6% · Above median
Return on equity (TTM) 10% · Above median
Return on assets 5% · Above median
Net margin (TTM) 13% · Top 25%
Operating margin (TTM) 14% · Above median
Revenue growth -7% · Bottom 25%
Dividend yield (TTM) 4.2% · Top 25%
Debt / equity 0.20× · Higher than median

Valuation Multiples vs Tools & Accessories median · lower = cheaper

P/E (TTM) 23.5× · Cheaper than median
P/B 2.27× · Pricier than median
P/S (TTM) 2.78× · Pricier than 75% of peers
P/FCF 0.3× · Cheaper than 75% of peers
EV/EBITDA 11.4× · Cheaper than median

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 25 · sector 3
FUTURE 0 · sector 14
PAST 41 · sector 28
HEALTH 90 · sector 96
DIVIDEND 84 · sector 36

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 Tools & Accessories stocks, each showing price versus our Fair Value estimate (as of Jul 21, 2026).

Stock Price Fair Value vs Fair Value
Techtronic Industries Company 0669 HK$129.60 HK$81.05 -37%
Snap-on Incorporated SNA $410.99 $350.46 -15%
RBC Bearings Incorporated RBC $595.49 $184.29 -69%
Lincoln Electric Holdings LECO $252.58 $154.80 -39%
Stanley Black & Decker, Inc SWK $88.22 $54.24 -39%
AB SKF (publ) SKFB kr 258.90 kr 192.57 -26%
The Timken Company TKR $139.47 $66.33 -52%
The Toro Company TTC $94.42 $69.71 -26%
SFS Group SFSN CHF 140.00 CHF 118.30 -16%
Hangzhou Greatstar Industrial Co 002444 ¥29.33 ¥35.72 +22%

Compare Proxene Tools Co with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Industrials stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is Proxene Tools Co (6904) overvalued or undervalued?
As of Jul 21, 2026, our model estimates a fair value of 114.24 TWD versus a price of 122.00 TWD, about −6% (fairly valued).
What is the fair value of 6904?
Our model-based fair value for Proxene Tools Co is 114.24 TWD (as of Jul 21, 2026), built from audited fundamentals. The current price is 122.00 TWD.
What is the quality score of 6904?
Proxene Tools Co has a Quality Score of 61/100. 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 Proxene Tools Co (6904)?
Proxene Tools Co reported trailing-twelve-month revenue of about 844M TWD (latest available figure, as of Jul 21, 2026).
What is the net profit margin of 6904?
The net profit margin of Proxene Tools Co is about 13.3%, meaning it keeps roughly 13.3% of revenue as net income. Based on the latest reported figures.
Does Proxene Tools Co pay a dividend?
Proxene Tools Co currently shows a dividend yield of about 4.20% relative to its recent price (as of Jul 21, 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.

14 days Pro free · no card

Track Proxene Tools Co and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.