3402:TSEToray Industries, Inc. Analysis
Data as of 2026-03-14 - not real-time
NT$128.00
Latest Price
6/10Risk
Risk Level: Medium
Executive Summary
Wholetech System Hitech Limited is trading below both the short‑term and intermediate moving averages, indicating a potential technical discount. The price sits near the identified support level, while the MACD histogram is negative and the signal line suggests bearish momentum. RSI is in a neutral zone, and the overall trend direction is classified as neutral, reinforcing a wait‑and‑see stance on short‑term price action. The company's price‑to‑earnings multiple is well below the industry average, pointing to a valuation gap that could be attractive to value‑oriented investors. A discounted cash flow model projects a fair value substantially higher than the current market price, further supporting the undervalued assessment. Dividend yield is attractive and the payout ratio remains moderate, suggesting sustainability of the cash return to shareholders.
Strong cash balances comfortably exceed the modest debt load, and the return on equity is robust, highlighting solid profitability. Operating margins are healthy, though revenue growth has been negative, which may temper enthusiasm for pure growth investors. Volatility is elevated, yet beta indicates lower sensitivity to broader market swings, providing a degree of defensive characteristics. The fear‑greed index leans toward greed, reflecting a market environment that could favor opportunistic buying. Overall, the fundamentals and valuation metrics align to present a compelling case for a longer‑term accumulation strategy.
Strong cash balances comfortably exceed the modest debt load, and the return on equity is robust, highlighting solid profitability. Operating margins are healthy, though revenue growth has been negative, which may temper enthusiasm for pure growth investors. Volatility is elevated, yet beta indicates lower sensitivity to broader market swings, providing a degree of defensive characteristics. The fear‑greed index leans toward greed, reflecting a market environment that could favor opportunistic buying. Overall, the fundamentals and valuation metrics align to present a compelling case for a longer‑term accumulation strategy.
Market Outlook
Short Term
< 1 yearNeutral
Model confidence: 6/10
Key Factors
- price below key moving averages
- bearish MACD momentum
- stable volume with low liquidity risk
Medium Term
1–3 yearsPositive
Model confidence: 7/10
Key Factors
- significant valuation discount to DCF fair value
- strong cash generation and low debt
- attractive dividend yield
Long Term
> 3 yearsPositive
Model confidence: 8/10
Key Factors
- robust return on equity and profit margins
- sustainable dividend policy
- industry positioning in specialty industrial machinery with long‑term demand
Key Metrics & Analysis
Financial Health
Revenue Growth-2.90%
Profit Margin10.88%
P/E Ratio16.5
ROE28.18%
ROA6.87%
Debt/Equity14.93
P/B Ratio4.4
Op. Cash FlowNT$1.0B
Free Cash FlowNT$740.5M
Industry P/E29.1
Technical Analysis
TrendNeutral
RSI46.4
SupportNT$120.50
ResistanceNT$144.00
MA 20NT$129.88
MA 50NT$132.70
MA 200NT$118.27
MACDBearish
VolumeStable
Fear & Greed Index72.88
Valuation
Fair ValueNT$175.16
GradeUndervalued
TypeValue
Dividend Yield3.91%
Risk Assessment
Beta0.76
Volatility46.13%
Sector RiskMedium
Reg. RiskMedium
Geo RiskMedium
Currency RiskMedium
Liquidity RiskLow
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This analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.