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Suntak Technology Co (002815) Fair Value & Analysis

Technology · CN · Market cap 23.9B CNY

ST Suntak Technology Co 002815 · SHE
Price¥13.08
Fair Value¥4.68
Upside-64.2%
Quality33/100
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Expensive Growth
Thin margins · 3.1% net margin
Low debt · negative free cash flow
0.69% dividend yield
Trails peers (4/13)
Narrow moat 33/100
Evidence: Medium Range ¥3.35 – ¥5.58 Share as image

Fair value as of: Jul 22, 2026

From 17 valuation models · updated 19 days ago

Share price −15.5% over the past month.

Below-average quality, and screening another 64% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (¥5.58). The favourable scenario is already priced in.
  • Weak quality (33/100) and above fair value at the same time, the margin of safety is missing on both counts.
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Price vs Fair Value (5 years)

¥20.14 ¥6.21 Fair Value ¥4.68 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 ¥6.21 – ¥20.14 · fair‑value band ¥3.35 – ¥5.58 · the ¥13.08 price screens above the ¥4.68 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 22, 2026.

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Analysis

Suntak Technology Co (002815) currently trades at ¥13.08, while our model-based Fair Value estimate is ¥4.68, implying the stock looks roughly 64.2% overvalued today. The Quality Score stands at 33/100 (below-average 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, Suntak Technology Co generated revenue of 7.9B CNY at a net margin of 3.1%. Revenue grew 19.9% year over year. It earns a return on equity of 3.5%. Net debt stands at 823M CNY. Fundamentals as of Jul 22, 2026

Our scenario range runs from ¥3.35 (bear case) to ¥5.58 (bull case); at ¥13.08, 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 33% below its 52-week high and 27% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -73% fair-value upside, at -64%, 002815 screens cheaper 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
Residual Income ¥5.31 ¥5.25 ¥4.65 76
ROIC Compounder ¥4.87 ¥5.57 ¥6.19 72
Gordon GGM ¥1.06 ¥2.21 ¥3.51 70
All 17 models by family
DCF Models
Owner Earnings ¥1.03 ¥1.42 ¥2.18 31
Earnings-Based
Graham-Dodd ¥1.79 ¥10.37 ¥14.43 54
Lynch FV ¥2.93 ¥4.19 ¥5.44 50
PEG = 1.0 ¥2.93 ¥4.19 ¥5.44 46
EPV ¥4.87 ¥5.57 ¥6.19 59
Dividend Discount
Gordon GGM ¥1.06 ¥2.21 ¥3.51 70
DDM Multi-Stage ¥1.06 ¥1.87 ¥2.32 61
Multiples
P/E Multiple ¥3.94 ¥5.25 ¥6.56 63
P/S Multiple ¥3.35 ¥4.46 ¥5.58 58
P/B Multiple ¥3.35 ¥4.46 ¥5.58 55
EV/EBIT ¥7.29 ¥9.51 ¥11.73 53
EV/EBITDA ¥9.86 ¥12.94 ¥16.01 54
EV/Revenue ¥5.13 ¥7.05 ¥8.97 43
Asset-Based
NCAV (Graham) ¥3.59 ¥4.81 ¥7.18 50
Economic Profit
Residual Income ¥5.31 ¥5.25 ¥4.65 76
ROIC Compounder ¥4.87 ¥5.57 ¥6.19 72
Growth Earnings
Growth-Adj P/E ¥4.23 ¥6.04 ¥7.85 68

Widest divergence: Growth Earnings (¥6.04) versus DCF Models (¥1.42). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) 7.9B CNY
Revenue growth (YoY) +19.9%
Net margin 3.1%
Return on equity 3.5%
Free cash flow −502M CNY FY2025
P/E ratio 92.1
More key figures
Operating margin 7.1%
EPS (TTM) ¥0.2100
Dividend yield 0.7%
EPS growth (YoY) -72.7%
Net debt 823M CNY FY2024

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

Quality Score breakdown

Overall quality 33/100

Of which business quality 37 · Market factors (momentum, volatility) 47

Profitability 29
Margins and returns on capital today
Quality Growth 59
Are margins and returns improving?
Cashflow 17
Earnings quality: real cash, not paper profit
Fin. Strength 76
Balance sheet, leverage, solvency risk
Investment 33
Disciplined investing over empire-building
Low Volatility 51
Calm price path (market factor)
Momentum 49
Price trend over the last 3–12 months (market factor)
52W Momentum 41
Distance to the 52-week high (market factor)
Net Issuance 0
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

Suntak Technology Co.,Ltd. manufactures and sells printed circuit boards in China and internationally. The company offers mobile phone board; computer and laptop motherboard, GPU, and touchpad; intel BHS server mainboard, server mainboard, and AI server; EPS, OBC, DI5-LGA, DCU, new energy electric drive MCU, camera module, central entertainment system, and …

Full company description

Suntak Technology Co.,Ltd. manufactures and sells printed circuit boards in China and internationally. The company offers mobile phone board; computer and laptop motherboard, GPU, and touchpad; intel BHS server mainboard, server mainboard, and AI server; EPS, OBC, DI5-LGA, DCU, new energy electric drive MCU, camera module, central entertainment system, and VW MQB; transceiver, switch mainboard, communication base station, antenna, and optical module; server mainboard and AL server; photovoltaic inverter, industrial control, and industrial control machine; four dimensional color ultrasound equipment, ventilator, portable household equipment, and monitoring of patients; TV and vehicle display screen; and mini and small pitch LED. Its products are used for mobile phone, computer, automotives, communication, server, industrial control, medical, optoelectronics, and LED applications. The company was formerly known as Shenzhen Suntak Circuit Technology Co., Ltd. and changed its name to Suntak Technology Co.,Ltd. in May 2018. The company was founded in 1995 and is based in Shenzhen, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Suntak Technology Co reported revenue of ¥7.5B in FY2025 versus ¥6.0B in FY2021, a compound +5.9%/yr. Reported net income was ¥324M in FY2025, compounding −12.5%/yr from FY2021.

Growth Quality 52/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
7.5B CNY
Latest YoY
+20.2%
Avg. growth/yr (3Y)
+8.7%
Avg. growth/yr (5Y)
+11.5%
Avg. growth/yr (16Y)
+19.5%
Revenue +5.9%/yr
FY21 ¥6.0B
FY22 ¥5.9B
FY23 ¥5.8B
FY24 ¥6.3B
FY25 ¥7.5B
Net income −12.5%/yr
FY21 ¥554M
FY22 ¥637M
FY23 ¥409M
FY24 ¥258M
FY25 ¥324M

002815 screens 64% overvalued. Compare with Delta Electronics, Inc →

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Cite: Fair Value Calculator (2026). "Suntak Technology Co Fair Value". https://www.fairvalue-calculator.com/stock/002815

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 33 · Bottom 25%
Fair Value upside −64% · Below median
Return on equity (TTM) 4% · Below median
Return on assets 3% · Above median
Net margin (TTM) 3% · Below median
Operating margin (TTM) 7% · Above median
Revenue growth 20% · Top 25%
Dividend yield (TTM) 0.7% · Below median
Debt / equity 0.02× · Lower than median

Valuation Multiples vs Electronic Components median · lower = cheaper

P/E (TTM) 92.1× · Pricier than 75% of peers
P/B 2.70× · Pricier than median
P/S (TTM) 3.04× · Pricier than median
EV/EBITDA 20.7× · 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 100 · sector 32
PAST 14 · sector 24
HEALTH 99 · sector 95
DIVIDEND 14 · 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%

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Frequently asked questions

Is Suntak Technology Co (002815) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of ¥4.68 versus a price of ¥13.08, about −64% (overvalued).
What is the fair value of 002815?
Our model-based fair value for Suntak Technology Co is ¥4.68 (as of Jul 22, 2026), built from audited fundamentals. The current price is ¥13.08.
What is the quality score of 002815?
Suntak Technology Co has a Quality Score of 33/100. 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 Suntak Technology Co (002815)?
Suntak Technology Co reported trailing-twelve-month revenue of about 7.9B CNY (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 002815?
The net profit margin of Suntak Technology Co is about 3.1%, meaning it keeps roughly 3.1% of revenue as net income. Based on the latest reported figures.
Does Suntak Technology Co pay a dividend?
Suntak Technology Co currently shows a dividend yield of about 0.69% relative to its recent price (as of Jul 22, 2026).

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.

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