EN DE

Visionox Technology Inc (002387) Fair Value & Analysis

Technology · CN · Market cap 11.9B CNY

VT Visionox Technology Inc 002387 · SHE
Price¥7.09
Fair Value¥1.57
Upside-77.9%
Quality50/100
Watch Visionox Technology Inc for free, get notified when fair value or trend changes. Watch for free
Mixed Growth
Loss-making · -30.3% net margin
High debt · generates free cash flow
Trails peers (3/12)
Narrow moat 16/100
Evidence: Medium Range ¥1.57 – ¥3.11 Share as image

Fair value as of: Jul 22, 2026

From 12 valuation models · updated 19 days ago

Fair value updated Jul 22, 2026, revised from ¥12.87 to ¥1.57 (−87.8%) since Jun 25, 2026. Share price −13.5% over the past month.

A solid business, but screening 78% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (¥3.11). The favourable scenario is already priced in.
  • Solid but not exceptional quality (50/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (¥1.57 to ¥3.11) leaves room in how you read the outcome.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

¥14.61 ¥5.40 Fair Value ¥1.57 Feb 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 22, 2026.

How to read this chart

60‑month range ¥5.40 – ¥14.61 · fair‑value band ¥1.57 – ¥3.11 · the ¥7.09 price screens above the ¥1.57 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 22, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Visionox Technology Inc (002387) currently trades at ¥7.09, while our model-based Fair Value estimate is ¥1.57, implying the stock looks roughly 77.9% overvalued today. The Quality Score stands at 50/100 (solid quality), in the Technology sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: medium).

Over the trailing twelve months, Visionox Technology Inc generated revenue of 8.2B CNY at a net margin of -30.3%. Revenue grew 3.1% year over year. It earns a return on equity of -41.0%. Net debt stands at 11.5B CNY. Fundamentals as of Jul 22, 2026

Our scenario range runs from ¥1.57 (bear case) to ¥3.11 (bull case); at ¥7.09, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 37% below its 52-week high, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -73% fair-value upside, at -78%, 002387 screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Growth DCF ¥18.77 ¥39.45 ¥73.35 80
Rev-Margin DCF ¥9.87 ¥17.50 ¥33.62 74
Gordon GGM ¥5.34 ¥11.10 ¥17.60 70
All 12 models by family
DCF Models
FCF DCF ¥20.10 ¥32.90 ¥73.68 38
5Y Revenue Exit ¥8.84 ¥14.99 ¥27.71 39
5Y EBITDA Exit ¥6.63 ¥10.52 ¥18.05 41
10Y Revenue Exit ¥12.02 ¥24.57 ¥31.14 36
10Y EBITDA Exit ¥10.69 ¥19.81 ¥33.56 37
Dividend Discount
Gordon GGM ¥5.34 ¥11.10 ¥17.60 70
DDM Multi-Stage ¥5.34 ¥9.36 ¥11.65 61
Multiples
EV/EBITDA ¥1.40 ¥2.61 ¥3.83 54
EV/Revenue ¥3.89 ¥6.51 ¥9.14 43
Asset-Based
NCAV (Graham) ¥1.17 ¥1.57 ¥2.34 50
Growth DCF
Growth DCF ¥18.77 ¥39.45 ¥73.35 80
Rev-Margin DCF ¥9.87 ¥17.50 ¥33.62 74

Widest divergence: DCF Models (¥19.81) versus Asset-Based (¥1.57). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 8.2B CNY
Revenue growth (YoY) +3.1%
Net margin -30.3%
Return on equity -41.0%
Free cash flow 1.9B CNY FY2025
Operating margin -25.2%
More key figures
EPS (TTM) ¥-1.78
EPS growth (YoY) +84.4%
Net debt 11.5B CNY FY2025

Figures from reported company fundamentals · as of Jul 22, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 50/100

Of which business quality 48 · Market factors (momentum, volatility) 31

Profitability 0
Margins and returns on capital today
Quality Growth 65
Are margins and returns improving?
Cashflow 88
Earnings quality: real cash, not paper profit
Fin. Strength 10
Balance sheet, leverage, solvency risk
Investment 84
Disciplined investing over empire-building
Low Volatility 68
Calm price path (market factor)
Momentum 22
Price trend over the last 3–12 months (market factor)
52W Momentum 3
Distance to the 52-week high (market factor)
Net Issuance 74
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Visionox Technology Inc. researches, develops, manufactures, markets, and sells organic light-emitting display products worldwide. The company also offers micro-LED display screens; provides technical consultation and services of display and module products; and imports and exports goods and technology.

Full company description

Visionox Technology Inc. researches, develops, manufactures, markets, and sells organic light-emitting display products worldwide. The company also offers micro-LED display screens; provides technical consultation and services of display and module products; and imports and exports goods and technology. Its products are used in smartphones, smart wearables, tablets, laptops, car displays, as well as in consumer electronics, industrial control instrumentation, finance, medical care, vehicle, communication, and other fields. The company was founded in 1996 and is based in Kunshan, China.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Visionox Technology Inc reported revenue of ¥8.1B in FY2025 versus ¥6.2B in FY2021, a compound +7.0%/yr. Reported net income was −¥2.4B in FY2025.

Growth Quality 59/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
8.1B CNY
Latest YoY
+2.7%
Avg. growth/yr (3Y)
+2.9%
Avg. growth/yr (5Y)
+18.9%
Avg. growth/yr (19Y)
+23.7%
Revenue +7.0%/yr
FY21 ¥6.2B
FY22 ¥7.5B
FY23 ¥5.9B
FY24 ¥7.9B
FY25 ¥8.1B
Net income
FY21 −¥1.5B
FY22 −¥2.1B
FY23 −¥3.7B
FY24 −¥2.5B
FY25 −¥2.4B

002387 screens 78% overvalued. Compare with Delta Electronics, Inc →

Share or link this analysis
For bloggers & editors: embed code + live data

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). "Visionox Technology Inc Fair Value". https://www.fairvalue-calculator.com/stock/002387

Peer Group

Electronic Components · 626 stocks

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.

Quality Score 50 · Below median
Fair Value upside −78% · Bottom 25%
Return on assets -3% · Bottom 25%
Net margin (TTM) -30% · Bottom 25%
Operating margin (TTM) -25% · Bottom 25%
Revenue growth 3% · Below median
Debt / equity 2.67× · Higher than 75% of peers

Valuation Multiples vs Electronic Components median · lower = cheaper

P/B 0.54× · Cheaper than 75% of peers
P/S (TTM) 0.22× · Cheaper than 75% of peers
P/FCF 1.0× · Cheaper than median
EV/EBITDA 30.9× · Pricier than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 0
FUTURE 16 · sector 32
PAST 0 · sector 24
HEALTH 0 · sector 95
DIVIDEND 0 · sector 25

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Electronic Components stocks, each showing price versus our Fair Value estimate (as of Jul 22, 2026).

Stock Price Fair Value vs Fair Value
Delta Electronics, Inc 2308 1,880 TWD 515.23 TWD -73%
Hon Hai Precision Industry Co 2317 242.50 TWD 270.47 TWD +12%
Luxshare Precision Industry Co 002475 ¥62.14 ¥38.44 -38%
Samsung Electro-Mechanics Co 009150 1,260,000 KRW 166,421 KRW -87%
Elite Material Co 2383 4,990 TWD 714.36 TWD -86%
Yageo Corporation 2327 699.00 TWD 216.55 TWD -69%
Shengyi Technology Co 600183 ¥132.29 ¥27.45 -79%
Shennan Circuits Co 002916 ¥364.00 ¥93.50 -74%
Victory Giant Technology (HuiZhou) Co 2476 HK$297.00 HK$103.98 -65%
Wus Printed Circuit (Kunshan) Co 002463 ¥127.80 ¥31.95 -75%

Compare Visionox Technology Inc with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Technology stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is Visionox Technology Inc (002387) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of ¥1.57 versus a price of ¥7.09, about −78% (overvalued).
What is the fair value of 002387?
Our model-based fair value for Visionox Technology Inc is ¥1.57 (as of Jul 22, 2026), built from audited fundamentals. The current price is ¥7.09.
What is the quality score of 002387?
Visionox Technology Inc has a Quality Score of 50/100. 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 revenue of Visionox Technology Inc (002387)?
Visionox Technology Inc reported trailing-twelve-month revenue of about 8.2B CNY (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 002387?
The net profit margin of Visionox Technology Inc is about -30.3%, meaning it is currently running at a net loss. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

14 days Pro free · no card

Track Visionox Technology Inc and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.