Tungray Technologies Inc Class A Ordinary Shares (TRSG)

FairStock Score: 37/100 — MIXED

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

At the 2026-10-13 close of $1.20, Tungray is a $20.7 million micro-cap metal fabricator and engineer-to-order supplier of tooling, testing, welding and motor products in China and Singapore. The provided figures show negative returns: ROE is -0.96% and ROCE is -0.51%, both FairStock calculations. The balance sheet is not stretched, with debt-to-equity of 0.16, and the shares trade at 1.07 times book value, so the price is not demanding. But cheapness without earning power is not value. The Piotroski F-Score is 2/9 and the Altman Z-Score is 2.16, which is at best a gray zone. The FairStock Score is 37/100. P/E is N/A, reflecting no meaningful earnings figure in the provided data. I have no usable revenue or profit growth data in the provided figures, and the Lynch category is none because there are only 0 years of filed results when three are needed. That lack of history is a serious handicap for a Graham-style investor. The low beta of 0.11 and the 52-week range of $1.00 to $1.75 suggest a quiet, small issue. A durable moat is not evident: custom tooling and non-standard equipment can be competitive and cyclical. Unless future filings show improving returns and real earnings, book value may remain the only support. I would need consistent profits and a longer record before calling this a bargain rather than a statistical hope.

In plain English: Tungray Technologies makes custom tools, testing equipment, welding gear, and motors for industrial customers in China and Singapore. The business looks weak right now because it is not making much profit and has not filed enough yearly results to show a track record. At $1.20, the stock is near the value of its net assets, so it does not look wildly expensive, but it does not look clearly cheap either.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer