JF Technology BHD (0146) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of JF Technology BHD stock MYR 0.19, price MYR 0.69, that is 72.3% below the price, quality 58 out of 100. Rating: strongly overvalued. Calculated from audited financials with 17 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 8, 2026.
How to read this chart
60‑month range 0.3667 MYR – 1.52 MYR · fair‑value band 0.1300 MYR – 0.2700 MYR · the 0.6850 MYR price screens above the 0.1900 MYR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 2 fiscal years are left out: there the valuation rested on only a fraction of the usual models. As of Nov 8, 2026.
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JF Technology Berhad, an investment holding company, manufactures and trades in electronic products, components, test probes, and probe cards in Malaysia, China, Singapore, the United States, the Philippines, and internationally.
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The company designs, develops, manufactures, and sells integrated circuit test sockets, interconnects, test solutions, and equipment for semiconductor, and electronic assembly markets. It also provides test development engineering services; and develops and sells test interface solutions.
In addition, the company offers RF and precision analog; and gamma, alpha, thor, and phantom automotive/high power products; customized test solutions; and manual actuators.
Further, it provides talent development services, and design, manufacture, sale of technical support for integrated circuits test contacting solutions.
The company's products are used in applications, including RF/mmWave, automotive, precision analog, high power, and power module/IGBT, as well as smartphones, consumer wearable electronics, medical appliances, solid-state storage, military, and the internet of things.
JF Technology Berhad was founded in 1999 and is headquartered in Petaling Jaya, Malaysia.
Stock analysis
JF Technology BHD (0146) currently trades at 0.6850 MYR, while our model-based Fair Value estimate is 0.1900 MYR, 72% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of 0.3900 MYR per share, and 1 of the 17 models we run sit above the 0.6850 MYR price.
Bear case: the Dividend Discount group reads lowest at 0.0500 MYR, and 16 of the 17 models stay below the price. Data coverage for this calculation is low.
Scenario range: 0.1300 MYR (bear) to 0.2700 MYR (bull), the price of 0.6850 MYR sits above 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 58/100 (solid quality), in the Technology sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
JF Technology BHD reported revenue of 86.7M MYR in FY2026 versus 45.3M MYR in FY2022, a compound +17.6%/yr. Reported net income was 12.0M MYR in FY2026, compounding −8.6%/yr from FY2022.
Key figures
Market cap 660M MYR (≈ $163M) Micro · P/E ratio 68.5 · P/S ratio 9.15 · EPS (TTM) 0.0100 MYR · Dividend yield 0.7% · Net margin 11.3% · Return on equity 6.7% · Return on assets (EBIT) 6.3% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 51 out of 100 (low confidence).
What moves the price
The share trades about 14% below its 52-week high and 60% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Technology peers we cover trades at −7% fair-value upside, at −72%, 0146 screens richer than that median.
Fair Value models
Bear0.1300 MYRFair Value 0.1900 MYRBull0.2700 MYR
Price 0.6850 MYR · Downside -72.3%
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 2026 figures (about 4 months old). Earnings retained since then (0.0018 MYR 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.62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+93.2%
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.
+24.1%
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.
+17.7%
Start year 2021 (pandemic). Over 10 years: +16.4% a year
Revenue growth 18 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.
+16.0%
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What shareholders gained per year (last 5 years), in MYR (mathematically smoothed) ⓘ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. Smoothed = median of all growth paths between the years of the window (trend line on the logarithm of earnings per share): a single extreme year cannot distort the rate. The reported figure stays in the tooltip. Measured in MYR: 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.
−24.7%
Earnings growth per share plus dividend.
Earnings per share, growth per year−25.4%
Dividend (yield on the price)0.7%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.−4.7% vs 13.1%, slowing
Profit margin 2021 to 2026 ⓘ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.43% → 18%
2026 sits 98% above its own trend. The rate follows the median trend of the last 5 years, not that single year.
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.Semiconductor Equipment & Materials · 235 stocks
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). "JF Technology BHD Fair Value". https://www.fairvalue-calculator.com/stock/0146
Frequently asked questions
Is JF Technology BHD (0146) overvalued or undervalued?
As of Nov 8, 2026, our model estimates a fair value of 0.1900 MYR versus a price of 0.6850 MYR, about 72% lower (overvalued).
What is the fair value of 0146?
Our model-based fair value for JF Technology BHD is 0.1900 MYR (as of Nov 8, 2026), built from audited fundamentals. The current price: 0.6850 MYR.
What is the quality score of 0146?
JF Technology BHD has a Quality Score of 58/100. 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 JF Technology BHD (0146)?
Our model-based price target is the fair value of 0.1900 MYR (as of Nov 8, 2026) from 17 valuation models. Cautious scenario 0.1300 MYR, optimistic scenario 0.2700 MYR. It is a calculation from audited fundamentals, not an analyst target.
What is the JF Technology BHD stock forecast for 2026?
Our models put fair value at 0.1900 MYR, about 72% lower versus a price of 0.6850 MYR (overvalued). Cautious scenario 0.1300 MYR, optimistic scenario 0.2700 MYR. The calculation is refreshed regularly with new filings.
What is the revenue of JF Technology BHD (0146)?
JF Technology BHD reported trailing-twelve-month revenue of about 72.1M MYR (latest available figure, as of Nov 8, 2026).
Does JF Technology BHD pay a dividend?
JF Technology BHD currently shows a dividend yield of 0.73% relative to its recent price (as of Nov 8, 2026).
How much is the dividend of JF Technology BHD (0146) and when is the ex-dividend date?
JF Technology BHD pays a dividend of 0.005 MYR per share a year, a dividend yield of 0.7%. The last ex-dividend date was Jun 8, 2026. A dividend has been paid every year since 2019. The payout ratio is 50.0% of earnings. Our assessment: Token dividend. At a yield of 0.7% the dividend is symbolic. On paper it is not fully covered by earnings or free cash flow, but at this size that hardly matters: even scrapping it entirely would cost less than 0.7% a year, and coverage ratios on amounts this small swing with ordinary working-capital movements. Judge this company on its business, not on its dividend.
What is the intrinsic value of JF Technology BHD (0146)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For JF Technology BHD it is 0.1900 MYR per share (as of Nov 8, 2026), against a price of 0.6850 MYR. It is the blended result of 17 valuation models in 7 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings).
Is JF Technology BHD stock overvalued or undervalued in 2026?
As of Nov 8, 2026, 0146 trades above its calculated fair value: price 0.6850 MYR, fair value 0.1900 MYR, a gap of about −72% (overvalued). 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 0146?
No. The price is what the market pays today (0.6850 MYR); the fair value is what the company's own numbers justify (0.1900 MYR). For JF Technology BHD the two are 0.4950 MYR per share apart. That gap is exactly why we show both numbers side by side.
How much is JF Technology BHD worth?
The market values JF Technology BHD at about 660M MYR (market capitalisation, as of Nov 8, 2026). Per share that is 0.6850 MYR; our models calculate a fair value of 0.1900 MYR per share.
What do the bullish and bearish scenarios say about 0146?
Our models span a range for JF Technology BHD: cautious scenario 0.1300 MYR, base 0.1900 MYR, optimistic 0.2700 MYR per share (as of Nov 8, 2026, price 0.6850 MYR). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 0146?
JF Technology BHD trades at a price-to-earnings ratio of 68.5 (as of Nov 8, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 0.1900 MYR is built from several models across several years. Median P/E at fiscal year-end, 6 fiscal years (2021 to 2026), reported earnings: 72.8. Other multiples: P/B 4.2, P/S 9.2, EV/EBITDA 40.1.
How solid is the balance sheet of JF Technology BHD (0146)?
Balance-sheet figures for JF Technology BHD (as of Nov 8, 2026): return on equity 6.7%, debt of 0.01 per unit of equity. They feed the Quality Score of 58/100, which measures business quality independently of the share price.
How far is 0146 from its 52-week high?
JF Technology BHD trades at 0.6850 MYR, about 14% below its 52-week high of 0.7950 MYR and 60% above the low of 0.4283 MYR (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 0.1900 MYR is for.
Which stocks are comparable to JF Technology BHD?
From the same area (Technology) we also value ASML Holding, Applied Materials, Inc, Lam Research Corporation, KLA Corporation, 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 JF Technology BHD stock attractive at the current price?
The data as of Nov 8, 2026: price 0.6850 MYR, calculated fair value 0.1900 MYR (−72%), Quality Score 58/100, from 17 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 0146 calculated?
We run JF Technology BHD through 17 models from 7 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of 0.1900 MYR 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. JF Technology BHD itself currently trades above fair value. 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 JF Technology BHD (0146)?
The closing price on Nov 6, 2026 was 0.6850 MYR. Our model-based fair value is 0.1900 MYR, about 72% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with JF Technology BHD right now?
The price sits above even our optimistic bull case (0.2700 MYR). The favourable scenario is already priced in. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid but not exceptional quality (58/100) and above fair value, neither a clear bargain nor a standout compounder. A fairly wide model range (0.1300 MYR to 0.2700 MYR) leaves room in how you read the outcome.
Where does the earnings growth of JF Technology BHD (0146) come from?
Earnings per share at JF Technology BHD grew +6.9 % a year from 2015 to 2026. Broken into its drivers: revenue per share +10.9 %, EBIT margin −3.6 %, tax rate −0.9 %, residual (interest, one-offs) +0.9 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of JF Technology BHD
How large is the market capitalisation of JF Technology BHD (0146)?
The market capitalisation of JF Technology BHD is 660M MYR (≈ $163M). 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 JF Technology BHD (0146)?
The price-to-sales ratio of JF Technology BHD is 9.15 (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 JF Technology BHD (0146)?
Earnings per share at JF Technology BHD are 0.0100 MYR (price ÷ EPS = P/E 68.5). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of JF Technology BHD (0146)?
The dividend yield of JF Technology BHD is 0.7% (payout 50.0%). 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 JF Technology BHD (0146)?
The net margin of JF Technology BHD is 11.3% (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 JF Technology BHD (0146)?
The return on equity (ROE) of JF Technology BHD is 6.7% (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 JF Technology BHD (0146)?
On an EBIT basis the return on assets of JF Technology BHD is 6.3% (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 JF Technology BHD (0146)?
The operating margin of JF Technology BHD is 20.9% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at JF Technology BHD (0146)?
Revenue at JF Technology BHD is growing +120% versus a year earlier (3y avg +24.1%). 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 JF Technology BHD (0146)?
Earnings per share at JF Technology BHD are growing +230% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does JF Technology BHD (0146) generate?
The free cash flow of JF Technology BHD is −10.2M MYR (fiscal year 2026). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net cash does JF Technology BHD (0146) hold?
JF Technology BHD holds more cash than debt, 48.5M MYR net (fiscal year 2026). The company holds more cash than debt, a safety cushion.
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Thin data
Nov 8, 2026