Dynamic Precision Industry (8928) fair value: what the stock is really worth
As of Nov 9, 2026: fair value (intrinsic value) of Dynamic Precision Industry stock TWD 26.24, price TWD 20.50, upside +28.0%, quality 51 out of 100. Rating: undervalued. Calculated from audited financials with 16 of our 26 valuation models and 37 quality factors, updated daily.
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. As of Nov 3, 2026.
How to read this chart
60‑month range 19.96 TWD – 39.75 TWD · fair‑value band 17.39 TWD – 34.11 TWD · the 20.50 TWD price screens below the 26.24 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 3, 2026.
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Dynamic Precision Industry Corporation manufactures and sells golf equipment worldwide. The company offers wood row golf, iron golf, putter golf, and fairway golf equipment. It also provides golf hardware casting equipment.
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The company was formerly known as DYNAMIC Precision Industry Manufacturing Company, Ltd. and changed its name to Dynamic Precision Industry Corporation in January 2000. Dynamic Precision Industry Corporation was founded in 1973 and is based in Kaohsiung, Taiwan.
Stock analysis
Dynamic Precision Industry (8928) currently trades at 20.50 TWD, while our model-based Fair Value estimate is 26.24 TWD, implying the stock looks roughly 22% undervalued today.
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Valuation
Bull case: the Dividend Discount group reads highest at a median of 28.41 TWD per share, and 8 of the 16 models we run sit above the 20.50 TWD price.
Bear case: the Earnings-Based group reads lowest at 11.90 TWD, and 8 of the 16 models stay below the price. Data coverage for this calculation is low.
Scenario range: 17.39 TWD (bear) to 34.11 TWD (bull), the price of 20.50 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 51/100 (solid quality), in the Consumer Cyclical sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Dynamic Precision Industry reported revenue of 3.4B TWD in FY2025 versus 3.1B TWD in FY2021, a compound +2.6%/yr. Reported net income was 72.0M TWD in FY2025, compounding −25.9%/yr from FY2021.
Key figures
Market cap 1.0B TWD (≈ $31.8M) Micro · P/E ratio 8.7 · P/S ratio 0.34 · EPS (TTM) 2.35 TWD · Dividend yield 3.9% · Net margin 4.0% · Return on equity 11.6% · Return on assets (EBIT) 5.3% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 35 out of 100 (low confidence).
What moves the price
The share trades about 23% below its 52-week high and 3% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Consumer Cyclical peers we cover trades at 10% fair-value upside, at 28%, 8928 screens cheaper than that median.
Fair Value models
Bear17.39 TWDFair Value 26.24 TWDBull34.11 TWD
Price 20.50 TWD · Upside +28.0%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (1.33 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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = 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.46/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+8.0%
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.
+0.2%
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.
+8.9%
Start year 2020 (pandemic). Over 10 years: +5.4% a year
Revenue growth 23 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.
+3.9%
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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.
−11.6%
Earnings growth per share plus dividend.
Earnings per share, growth per year−15.5%
Dividend (yield on the price)3.9%
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.8% → 4%
Compare Dynamic Precision Industry with another stock
Price, fair value, quality and upside side by side.
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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.Leisure · 170 stocks
Beats the industry median on 7/13 measures
A mixed picture versus its industry peers.
Valuation
Quality Score51 · Below median
Fair Value upside+28.0% · Above median
Profitability
Return on equity (12 months)11.6% · Above median
Return on assets2.0% · Below median
Net margin (12 months)4.0% · Below median
Operating margin (12 months)2.2% · Below median
Growth and dividend
Revenue growth (quarter YoY)−14.3% · Bottom 25%
Dividend yield (12 months)3.9% · Above median
Balance sheet
Debt / equity0.54× · Highest 25%
Valuation Multiplesvs Leisure 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). "Dynamic Precision Industry Fair Value". https://www.fairvalue-calculator.com/stock/8928
Frequently asked questions
Is Dynamic Precision Industry (8928) overvalued or undervalued?
As of Nov 3, 2026, our model estimates a fair value of 26.24 TWD versus a price of 20.50 TWD, about +28% upside (undervalued).
What is the fair value of 8928?
Our model-based fair value for Dynamic Precision Industry is 26.24 TWD (as of Nov 3, 2026), built from audited fundamentals. The current price: 20.50 TWD.
What is the quality score of 8928?
Dynamic Precision Industry has a Quality Score of 51/100. 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 Dynamic Precision Industry (8928)?
Our model-based price target is the fair value of 26.24 TWD (as of Nov 3, 2026) from 16 valuation models. Cautious scenario 17.39 TWD, optimistic scenario 34.11 TWD. It is a calculation from audited fundamentals, not an analyst target.
What is the Dynamic Precision Industry stock forecast for 2026?
Our models put fair value at 26.24 TWD, about +28% upside versus a price of 20.50 TWD (undervalued). Cautious scenario 17.39 TWD, optimistic scenario 34.11 TWD. The calculation is refreshed regularly with new filings.
What is the revenue of Dynamic Precision Industry (8928)?
Dynamic Precision Industry reported trailing-twelve-month revenue of about 3.0B TWD (latest available figure, as of Nov 3, 2026).
Does Dynamic Precision Industry pay a dividend?
Dynamic Precision Industry currently shows a dividend yield of 3.90% relative to its recent price (as of Nov 3, 2026).
How much is the dividend of Dynamic Precision Industry (8928) and when is the ex-dividend date?
Dynamic Precision Industry pays a dividend of 0.8 TWD per share a year, a dividend yield of 3.9%. The last ex-dividend date was Aug 18, 2026. A dividend has been paid every year since 2015. The payout ratio is 34.0% of earnings. Our assessment: Watch coverage. The dividend isn’t fully covered by free cash flow or earnings, part of it is funded from reserves or debt. Fine for now, but worth watching: if it stays uncovered, the dividend could be cut.
What is the intrinsic value of Dynamic Precision Industry (8928)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Dynamic Precision Industry it is 26.24 TWD per share (as of Nov 3, 2026), against a price of 20.50 TWD. It is the blended result of 16 valuation models in 6 families (Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings).
Is Dynamic Precision Industry stock overvalued or undervalued in 2026?
As of Nov 3, 2026, 8928 trades below its calculated fair value: price 20.50 TWD, fair value 26.24 TWD, a gap of about +28% (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 8928?
No. The price is what the market pays today (20.50 TWD); the fair value is what the company's own numbers justify (26.24 TWD). For Dynamic Precision Industry the two are 5.74 TWD per share apart. That gap is exactly why we show both numbers side by side.
How much is Dynamic Precision Industry worth?
The market values Dynamic Precision Industry at about 1.0B TWD (market capitalisation, as of Nov 3, 2026). Per share that is 20.50 TWD; our models calculate a fair value of 26.24 TWD per share.
What do the bullish and bearish scenarios say about 8928?
Our models span a range for Dynamic Precision Industry: cautious scenario 17.39 TWD, base 26.24 TWD, optimistic 34.11 TWD per share (as of Nov 3, 2026, price 20.50 TWD). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 8928?
Dynamic Precision Industry trades at a price-to-earnings ratio of 8.7 (as of Nov 3, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 26.24 TWD is built from several models across several years. Median P/E at fiscal year-end, 8 fiscal years (2017 to 2025), reported earnings: 11.9. Other multiples: P/B 1.0, P/S 0.3, EV/EBITDA 9.7.
How solid is the balance sheet of Dynamic Precision Industry (8928)?
Balance-sheet figures for Dynamic Precision Industry (as of Nov 3, 2026): return on equity 11.6%, debt of 0.54 per unit of equity. They feed the Quality Score of 51/100, which measures business quality independently of the share price.
How far is 8928 from its 52-week high?
Dynamic Precision Industry trades at 20.50 TWD, about 23% below its 52-week high of 26.77 TWD and 3% above the low of 19.96 TWD (as of Nov 9, 2026). Distance from the high says nothing about value: that is what the fair value of 26.24 TWD is for.
Which stocks are comparable to Dynamic Precision Industry?
From the same area (Consumer Cyclical) we also value Pop Mart International Group, Amer Sports, Inc, Hasbro, Inc, Life Time Group, 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 Dynamic Precision Industry stock attractive at the current price?
The data as of Nov 3, 2026: price 20.50 TWD, calculated fair value 26.24 TWD (+28%), Quality Score 51/100, from 16 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 8928 calculated?
We run Dynamic Precision Industry through 16 models from 6 families: Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of 26.24 TWD builds on their evidence-weighted average, 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 13.3% above its aggregate fair value. Dynamic Precision Industry currently trades 22% 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 Dynamic Precision Industry (8928)?
The closing price on Nov 9, 2026 was 20.50 TWD. Our model-based fair value is 26.24 TWD, about +28% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Dynamic Precision Industry right now?
Solid quality (51/100) at a price below fair value, the discount is the argument here, not the business quality. A fairly wide model range (17.39 TWD to 34.11 TWD) leaves room in how you read the outcome. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
Key figures of Dynamic Precision Industry
How large is the market capitalisation of Dynamic Precision Industry (8928)?
The market capitalisation of Dynamic Precision Industry is 1.0B TWD (≈ $31.8M). 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 Dynamic Precision Industry (8928)?
The price-to-sales ratio of Dynamic Precision Industry is 0.34 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Dynamic Precision Industry (8928)?
Earnings per share at Dynamic Precision Industry are 2.35 TWD (price ÷ EPS = P/E 8.7). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Dynamic Precision Industry (8928)?
The dividend yield of Dynamic Precision Industry is 3.9% (payout 34.0%). 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 Dynamic Precision Industry (8928)?
The net margin of Dynamic Precision Industry is 4.0% (last twelve months). 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 Dynamic Precision Industry (8928)?
The return on equity (ROE) of Dynamic Precision Industry is 11.6% (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 Dynamic Precision Industry (8928)?
On an EBIT basis the return on assets of Dynamic Precision Industry is 5.3% (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 Dynamic Precision Industry (8928)?
The operating margin of Dynamic Precision Industry is 2.2% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Dynamic Precision Industry (8928)?
Revenue at Dynamic Precision Industry is growing −14.3% versus a year earlier (3y avg +0.2%). 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 Dynamic Precision Industry (8928)?
Earnings per share at Dynamic Precision Industry are growing −55.7% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Dynamic Precision Industry (8928) generate?
The free cash flow of Dynamic Precision Industry is −9.1M TWD (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Dynamic Precision Industry (8928) carry?
The net debt of Dynamic Precision Industry is 1.5B TWD (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Nov 3, 2026