4585.TW
SinkerTechman Robot Inc. · Industrials · Taiwan · $867M cap · $844K/day traded
TWD 210.50 -3.9% · close 12 Nov · scored 13 Nov
Sinker: Weak business, rich price and weak momentum. Nothing here to keep it afloat.
As of 13 Nov 2026, the MoatMap Score for Techman Robot Inc. (4585.TW) is 11/100, ranked against 25,000+ stocks in 38 markets (Quality 49, Value 10, Momentum 28, each scored against its sector).
Does the score work? Each tenth of the ranking, tracked monthly. See the record →
ABOUT TECHMAN ROBOT INC.
Read
Techman Robot Inc. designs and manufactures collaborative robots (cobots) integrated with built-in smart vision systems. The company differentiates through its proprietary 'TM Vision' technology, which simplifies robot programming and deployment in manufacturing lines. Backed by the Quanta Computer Group, it is a global pioneer and leading brand in the collaborative robot market.
FINANCIAL SUMMARY (TWD)
| Year | 2021 | 2022 | 2023 | 2024 | 2025 | CAGR | TTM |
|---|---|---|---|---|---|---|---|
| Revenue | — | 1.4B | 1.3B | 1.5B | 1.8B | 9.4% | 1.9B |
| EPS (TWD) | 0.68 | 1.60 | 0.12 | 1.04 | 1.46 | 21.0% | 2.85 |
| Shares | — | — | 90.0M | 90.0M | 102.8M | +14.2% | 105.8M |
| Debt | — | 78.8M | 70.0M | 78.8M | 108.2M | 11.2% | 59.1M |
| Equity | — | 1.7B | 1.7B | 1.8B | 6.9B | 60.5% | — |
| Op CF | — | 142.2M | 107.0M | 131.4M | 271.6M | 24.1% | 170.4M |
| Inv CF | — | -581.9M | -104.9M | -88.2M | -5.2B | — | — |
| Fin CF | — | -62.8M | -32.3M | -34.4M | 5.0B | — | — |
Made a new 52-week low 4 trading days ago, 51% below its 52-week high. The fall has not stopped yet.
Swung more than 61% of stocks we rank over the past year (volatility 49% a year).
How this is worked out
The Price check reads only the chart, the price side of the Momentum score in words; it is not the MoatMap Score.
- Still falling (this stock): It set a new 52-week low in the last two weeks, after a deep fall.
- Finding a floor: It fell hard, but has set no new low for more than two weeks.
- Turning up: It has climbed off its low and is back above a rising 50-day average.
- In an uptrend: It is near its 52-week high and above its 200-day average.
- No clear trend: None of the above: no recent deep fall and no steady climb.
- No read yet: Not enough price history yet: it needs a year of trading.
In past US falls, waiting for Turning up cut the chance of another 20% drop from 42% to 33%. Returns were no better, and 33% of turns failed.
The exact rules
Still falling is a new 52-week low in the last two weeks, at least 25% below the high, with the low set after the high. Finding a floor is the same fall with no new low in the last two weeks. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average, with the 50-day average above the 200-day, and within 15% of the high. No clear trend is everything else. No read yet is under 252 trading days of history, or missing data. A new state shows once it has held for three trading days.
In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn (the Turning up rule above) cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.
What it measures: how much the price moved day to day over the past year, scaled to a yearly figure (annualised volatility) and ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.
What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.
Calm is not safe: a calm stock can still slide steadily.
Rules fixed before any data was fetched. Describes the chart, not a recommendation.
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Industrials, ranked by industry match, size, and score similarity. Cross-listings of 4585.TW are excluded.
| Ticker | Company | Mkt Cap | Score |
|---|---|---|---|
| 4585.TW | Techman Robot Inc.(you) | $867M | 11 |
| 6831.TW | Taiwan Microloops Corp. | $880M | 23 |
| 8027.TWO | E&R Engineering Corporation | $590M | 3 |
| 2464.TW | Mirle Automation Corporation | $1.1B | 24 |
| 4537.TWO | Shuz Tung Machinery Industrial Co., Ltd. | $384M | 17 |
| 7795.TW | Eternal Precision Mechanics Co., Ltd. | $991M | 31 |
| 6706.TW | Fittech Co., Ltd. | $332M | 8 |
| 6125.TWO | Kenmec Mechanical Engineering Co., Ltd. | $374M | 4 |
| 4583.TW | Apex Dynamics, Inc. | $950M | 37 |
| 7730.TW | Nano Electronics and Micro System Technologies, Inc. | $288M | 24 |
Peer medians: ROE 10.7% · P/E 15.6x · Gross margin 23.4%
Company Deep Dive
A 10,000-word report: the business and its segments, what management promised on earnings calls and whether it delivered, the competition, and how things could turn out.