Taiwanese Capital Goods Undervalued over 20% based on DCF

BizLink Holding

Market Cap: NT$400.3b

Provides connection harness application solutions in the United States, China, Germany, Malaysia, Taiwan, Italy, Slovak, and internationally.

TECO Electric & Machinery

Market Cap: NT$167.7b

Engages in the production, sales and installation of various mechanical equipment in Taiwan, the United States, Mainland China, and internationally.

Far Eastern New Century

Market Cap: NT$157.6b

Manufactures and sells polyester materials, and semi-finished and finished textiles in Taiwan, China, and internationally.

Acter Group

Market Cap: NT$106.7b

Provides engineering services in Taiwan, Vietnam, Singapore, Malaysia, and internationally.

Tatung

Market Cap: NT$56.2b

Through its subsidiaries, provides energy saving and green energy related systems and services in Taiwan, Rest of Asia, Europe, America, and internationally.

Sunonwealth Electric Machine Industry

Market Cap: NT$41.0b

Researches, manufactures and sells precision motors and cooling fans worldwide.

Shin Zu Shing

Market Cap: NT$36.5b

Engages in the research, design, development, production, assembly, testing, manufacturing, and trading of various precision springs, stamping parts, hinge components, CNC lathes, and metal injection molding in Taiwan, Singapore, and China.

Chicony Power Technology

Market Cap: NT$31.1b

Engages in research, development, manufacturing, and trading of exchange-connected power supplies, electronic components and equipment, LED application products, and smart building systems in Taiwan, Asia, America, Europe, and internationally.

Cyber Power Systems

Market Cap: NT$24.4b

Designs, manufactures, and sells power protection products and computer peripheral accessories worldwide.

GFC

Market Cap: NT$21.6b

Manufactures and sells elevators, escalators, and generators in Taiwan.

Am-Power Machine International Enterprise

Market Cap: NT$13.9b

Am-Power Machine International Enterprise Co., Ltd.

Air Asia

Market Cap: NT$10.6b

Operates as an aircraft maintenance company in Taiwan and internationally.

Kemflo International

Market Cap: NT$10.5b

Manufactures and sells household, commercial, and swimming pool filtration and water treatment systems, metallic equipment, car equipment, and outdoor products in Taiwan and internationally.

Khgears International

Market Cap: NT$8.1b

Engages in the research, development, manufacture, and sale of gears and gearboxes in Asia, the United States, and Europe.

Hong-Wei Electrical Industry

Market Cap: NT$7.7b

Engages in the design, manufacture, sale, maintenance, and service of various elevators in Taiwan, Mainland China, and Vietnam.

CviLux

Market Cap: NT$7.6b

Manufactures and sells electronics components in Taiwan, rest of Asia, Europe, the Americas, and internationally.

Nishoku Technology

Market Cap: NT$6.9b

Engages in the manufacturing, processing, and trading of various plastic products in North America, Asia, and Europe.

Hsin Yung Chien

Market Cap: NT$6.9b

Manufactures and sells rubber conveyor belts in Taiwan and internationally.

Jong Shyn Shipbuilding

Market Cap: NT$6.4b

Engages in the manufacture, wholesale, and repair of ships and its parts in Taiwan and internationally.

Kung Sing Engineering

Market Cap: NT$5.4b

Engages in the construction business in Taiwan.

Yeh Chiang Technology

Market Cap: NT$4.9b

Engages in the production and sale of heat pipe components in China, Singapore, Taiwan and internationally.

Sanitar

Market Cap: NT$2.9b

Engages in the manufacture and distribution of sanitary ware products in Taiwan and internationally.

CKM Applied Materials

Market Cap: NT$2.4b

Engages in the manufacture and trading of building materials in Taiwan and internationally.

Strong H Machinery Technology (Cayman) Incorporation

Market Cap: NT$2.3b

Engages in the manufacture and sale of sewing machine spare parts and face mask machines worldwide.

Sun Brothers Development

Market Cap: NT$2.1b

Develops, constructs, leases, and sells residential, commercial, and industrial buildings in Taiwan.

Sun Max Tech

Market Cap: NT$1.8b

An investment holding company, manufactures, wholesales, retails, and trades cooling fans in China, Taiwan, and internationally.

De Poan Pneumatic

Market Cap: NT$1.7b

Manufactures and sells professional pneumatic products worldwide.

Mediera

Market Cap: NT$709.8m

Manufactures electronic and power supply components in Taiwan.