Transart Graphics Co Ltd (8481) fair value: what the stock is really worth
As of Sep 24, 2026: fair value of Transart Graphics Co Ltd TWD 51.60, price TWD 40.95, upside +26.0%, quality 80 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Watch Transart Graphics Co Ltd for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.Watch for freePro now: $1 first month
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, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
60‑month range 35.86 TWD – 59.46 TWD · fair‑value band 40.37 TWD – 64.33 TWD · the 40.95 TWD price screens below the 51.60 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 24, 2026.
Follow Transart Graphics Co in your weekly email
Every Wednesday you see whether Transart Graphics Co is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Transart Graphics Co., Ltd., together with its subsidiaries, manufacture, process, sell, and import and export various labeled products for bicycles and various industrial products in China, Taiwan, Vietnam, the United States, Singapore, and internationally.
Show more
Transart Graphics Co., Ltd., together with its subsidiaries, manufacture, process, sell, and import and export various labeled products for bicycles and various industrial products in China, Taiwan, Vietnam, the United States, Singapore, and internationally. The company offers light pattern transfer, frost reflective decal, hologram irised decal, and titanium flash; water transfer, nonpaint water transfer, and color msking decals; self-adhesive and heat-resistant clear sticker, and hologram decals; and heat transfer decal serial. It also provides other products, including nameplates and graphic overlays, dry rub-on transfer, and brushed metal-line nameplates. Transart Graphics Co., Ltd. was founded in 1973 and is headquartered in Taichung, Taiwan.
Stock analysis
Transart Graphics Co Ltd (8481) currently trades at 40.95 TWD, while our model-based Fair Value estimate is 51.60 TWD, implying the stock looks roughly 20.6% undervalued today.
Show more
Valuation
Bull case: the Multiples group reads highest at a median of 55.21 TWD per share, and 13 of the 24 models we run sit above the 40.95 TWD price.
Bear case: the Asset-Based group reads lowest at 17.54 TWD, and 11 of the 24 models stay below the price. Evidence for this calculation is high.
Scenario range: 40.37 TWD (bear) to 64.33 TWD (bull), the price of 40.95 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 80/100 (high quality), in the Industrials sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Transart Graphics Co Ltd reported revenue of 1.2B TWD in FY2025 versus 1.6B TWD in FY2021, a compound −6.8%/yr. Reported net income was 216M TWD in FY2025, compounding −14.6%/yr from FY2021.
Key figures
Market cap 2.7B TWD (≈ $85.6M) · P/E ratio 12.6 · P/S ratio 2.32 · EPS (TTM) 3.24 TWD · Dividend yield 6.7% · Net margin 18.3% · Return on equity 12.5% · Return on assets (EBIT) 15.2%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 57 out of 100 (low confidence).
What moves the price
The share trades about 3% below its 52-week high and 11% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Industrials peers we cover trades at 0% fair-value upside, at 26%, 8481 screens cheaper than that median.
Fair Value models
Bear 40.37 TWDFair Value 51.60 TWDBull 64.33 TWD
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then (0.3598 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.Evidence ⓘEvidence = 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.40/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
+4.9%
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.
−6.8%
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.
−3.0%
Start year 2020 (pandemic). Over 10 years: −0.7% a year
Revenue growth 13 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.
−0.4%
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
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.
−5.1%
Earnings growth per share plus dividend.
Earnings per share, growth per year−11.8%
Dividend (yield on the price)6.7%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.−12% vs −2%, slowing
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.76% → 21%
Start year 2020 (pandemic)
⚠ Revenue per share shrinking 2.1%/yr over ~10Y (margins eroding too) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
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).
−7.8%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (Taiwan: IMF forecast 1.6% a year to 2030, 1.5% from 2016 to 2025) that is about −9.2% a year for the price.
Compare Transart Graphics Co Ltd with another stock
Price, fair value, quality and upside side by side.
Free, no sign-up
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.Specialty Business Services · 249 stocks
Beats the industry median on 9/13 measures
Overall it ranks above its industry peers.
Valuation
Quality Score80 · Top 25%
Fair Value upside+26% · Above median
Profitability
Return on equity (TTM)12% · Above median
Return on assets7% · Top 25%
Net margin (TTM)18% · Top 25%
Operating margin (TTM)19% · Top 25%
Growth and dividend
Revenue growth−8% · Bottom 25%
Dividend yield (TTM)6.7% · Top 25%
Valuation Multiplesvs Specialty Business Services 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). "Transart Graphics Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/8481
Frequently asked questions
Is Transart Graphics Co Ltd (8481) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of 51.60 TWD versus a price of 40.95 TWD, about +26% upside (undervalued).
What is the fair value of 8481?
Our model-based fair value for Transart Graphics Co Ltd is 51.60 TWD (as of Sep 24, 2026), built from audited fundamentals. The current price: 40.95 TWD.
What is the quality score of 8481?
Transart Graphics Co Ltd has a Quality Score of 80/100. 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 Transart Graphics Co Ltd (8481)?
Our model-based price target is the fair value of 51.60 TWD (as of Sep 24, 2026) from 24 valuation models. Cautious scenario 40.37 TWD, optimistic scenario 64.33 TWD. It is a calculation from audited fundamentals, not an analyst target.
What is the Transart Graphics Co Ltd stock forecast for 2026?
Our models put fair value at 51.60 TWD, about +26% upside versus a price of 40.95 TWD (undervalued). Cautious scenario 40.37 TWD, optimistic scenario 64.33 TWD. The calculation is refreshed regularly with new filings.
What is the revenue of Transart Graphics Co Ltd (8481)?
Transart Graphics Co Ltd reported trailing-twelve-month revenue of about 1.2B TWD (latest available figure, as of Sep 24, 2026).
Does Transart Graphics Co Ltd pay a dividend?
Transart Graphics Co Ltd currently shows a dividend yield of about 6.72% relative to its recent price (as of Sep 24, 2026).
What growth is priced into Transart Graphics Co Ltd (8481)?
For today's price to be fair in a discounted-cash-flow model, Transart Graphics Co Ltd would have to grow free cash flow by -7.8 % 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 -3.0 % per year. As of Sep 24, 2026.
What discount rate (WACC) does the fair value of 8481 use?
Our models discount Transart Graphics Co Ltd at 11.8 %: a base by market capitalisation (micro), damped by beta 0.21, 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 Transart Graphics Co Ltd that is -7.8 % per year a year over ten years, using the same discount rate (11.8 %) and the same formula as our fair value.
How much growth has Transart Graphics Co Ltd (8481) delivered so far?
Over the past 5 years revenue at Transart Graphics Co Ltd grew -3.0 % a year. The price currently implies -7.8 % per year free-cash-flow growth a 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 Transart Graphics Co Ltd (8481) growing?
The median revenue growth in the sector is +4.6 % a year. That is the yardstick for the growth priced into Transart Graphics Co Ltd (-7.8 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Transart Graphics Co Ltd (8481)?
The free-cash-flow yield on the price is 10.26 %: that much free cash flow Transart Graphics Co Ltd 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 Transart Graphics Co Ltd (8481)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Transart Graphics Co Ltd it is 51.60 TWD per share (as of Sep 24, 2026), against a price of 40.95 TWD. It is the blended result of 24 valuation models (cash flow, earnings, asset, dividend).
Is Transart Graphics Co Ltd stock overvalued or undervalued in 2026?
As of Sep 24, 2026, 8481 trades below its calculated fair value: price 40.95 TWD, fair value 51.60 TWD, a gap of about +26% (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 8481?
No. The price is what the market pays today (40.95 TWD); the fair value is what the company's own numbers justify (51.60 TWD). For Transart Graphics Co Ltd the two are 10.65 TWD per share apart. That gap is exactly why we show both numbers side by side.
How much is Transart Graphics Co Ltd worth?
The market values Transart Graphics Co Ltd at about 2.7B TWD (market capitalisation, as of Sep 24, 2026). Per share that is 40.95 TWD; our models calculate a fair value of 51.60 TWD per share.
What do the bullish and bearish scenarios say about 8481?
Our models span a range for Transart Graphics Co Ltd: cautious scenario 40.37 TWD, base 51.60 TWD, optimistic 64.33 TWD per share (as of Sep 24, 2026, price 40.95 TWD). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 8481?
Transart Graphics Co Ltd trades at a price-to-earnings ratio of 12.6 (as of Sep 24, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 51.60 TWD is built from several models across several years. Other multiples: P/B 1.6, P/S 2.4, EV/EBITDA 8.6.
How solid is the balance sheet of Transart Graphics Co Ltd (8481)?
Balance-sheet figures for Transart Graphics Co Ltd (as of Sep 24, 2026): return on equity 12.5%. They feed the Quality Score of 80/100, which measures business quality independently of the share price.
How far is 8481 from its 52-week high?
Transart Graphics Co Ltd trades at 40.95 TWD, about 3% below its 52-week high of 42.20 TWD and 11% above the low of 36.94 TWD (as of Sep 24, 2026). Distance from the high says nothing about value: that is what the fair value of 51.60 TWD is for.
Which stocks are comparable to Transart Graphics Co Ltd?
From the same area (Industrials) we also value Cintas Corporation, Thomson Reuters Corporation, Copart, Inc, Global Payments Inc, 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 Transart Graphics Co Ltd stock attractive at the current price?
The data as of Sep 24, 2026: price 40.95 TWD, calculated fair value 51.60 TWD (+26%), Quality Score 80/100, from 24 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 8481 calculated?
We run Transart Graphics Co Ltd through 24 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of 51.60 TWD, 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 13.2 % above its aggregate fair value. Transart Graphics Co Ltd currently trades 26 % 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 Transart Graphics Co Ltd (8481)?
The closing price on Sep 24, 2026 was 40.95 TWD. Our model-based fair value is 51.60 TWD, about +26% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Transart Graphics Co Ltd right now?
The rarer combination: high quality (80/100) AND below fair value. That earns a closer look rather than a quick verdict. The price sits in the lower half of our model range, the side with the larger margin of safety. The data supports the verdict: every model runs on fully documented inputs.
Where does the earnings growth of Transart Graphics Co Ltd (8481) come from?
Earnings per share at Transart Graphics Co Ltd grew −3.4 % a year from 2014 to 2025. Broken into its drivers: revenue per share −2.0 %, EBIT margin −2.7 %, tax rate +0.1 %, residual (interest, one-offs) +1.2 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Transart Graphics Co Ltd
How large is the market capitalisation of Transart Graphics Co Ltd (8481)?
The market capitalisation of Transart Graphics Co Ltd is 2.7B TWD (≈ $85.6M). 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 Transart Graphics Co Ltd (8481)?
The price-to-sales ratio of Transart Graphics Co Ltd is 2.32 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Transart Graphics Co Ltd (8481)?
Earnings per share at Transart Graphics Co Ltd are 3.24 TWD (price ÷ EPS = P/E 12.6). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Transart Graphics Co Ltd (8481)?
The dividend yield of Transart Graphics Co Ltd is 6.7% (payout 84.9%). 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 Transart Graphics Co Ltd (8481)?
The net margin of Transart Graphics Co Ltd is 18.3% (fiscal year 2025). 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 Transart Graphics Co Ltd (8481)?
The return on equity (ROE) of Transart Graphics Co Ltd is 12.5% (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 Transart Graphics Co Ltd (8481)?
On an EBIT basis the return on assets of Transart Graphics Co Ltd is 15.2% (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 Transart Graphics Co Ltd (8481)?
The operating margin of Transart Graphics Co Ltd is 19.1% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Transart Graphics Co Ltd (8481)?
Revenue at Transart Graphics Co Ltd is growing −8.4% versus a year earlier (3y avg −6.8%). 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 Transart Graphics Co Ltd (8481)?
Earnings per share at Transart Graphics Co Ltd are growing −20.8% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Transart Graphics Co Ltd (8481) hold?
Transart Graphics Co Ltd holds more cash than debt, 418M TWD net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
Free · no account needed
Watch Transart Graphics Co Ltd in the live analysis
One click puts Transart Graphics Co Ltd on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
