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Lens Technology Co (300433) Fair Value & Analysis

Technology · CN · Market cap 222B CNY

LT Lens Technology Co 300433 · SHE
Price¥34.82
Fair Value¥16.15
Upside-53.6%
Quality52/100
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Mixed Growth
Thin margins · 4.8% net margin
Low debt · generates free cash flow
1.26% dividend yield
Mixed vs. peers (7/15)
Narrow moat 36/100
Evidence: High Range ¥9.88 – ¥20.18 Share as image

Fair value as of: Jul 13, 2026

From 25 valuation models · updated 25 days ago

Share price −32.8% over the past month.

A solid business, but screening 54% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (¥20.18). The favourable scenario is already priced in.
  • Solid but not exceptional quality (52/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (¥9.88 to ¥20.18) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

¥55.27 ¥8.41 Fair Value ¥16.15 Feb 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 13, 2026.

How to read this chart

60‑month range ¥8.41 – ¥55.27 · fair‑value band ¥9.88 – ¥20.18 · the ¥34.82 price screens above the ¥16.15 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 13, 2026.

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Analysis

Lens Technology Co (300433) currently trades at ¥34.82, while our model-based Fair Value estimate is ¥16.15, implying the stock looks roughly 53.6% overvalued today. We read business quality at 52/100 (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: high).

Over the trailing twelve months, Lens Technology Co generated revenue of 71.5B CNY at a net margin of 4.8%. Revenue declined 17.1% year over year. It earns a return on equity of 6.6%. The balance sheet holds a net cash position of 1.5B CNY. Fundamentals as of Jul 13, 2026

Our scenario range runs from ¥9.88 (bear case) to ¥20.18 (bull case); at ¥34.82, 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 27% below its 52-week high and 71% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at -73% fair-value upside, at -54%, 300433 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
Growth DCF ¥7.16 ¥14.11 ¥25.85 80
Residual Income ¥9.25 ¥9.88 ¥10.87 76
Rev-Margin DCF ¥10.07 ¥18.98 ¥31.58 74
All 25 models by family
DCF Models
FCF DCF ¥7.33 ¥12.79 ¥27.32 38
5Y Revenue Exit ¥10.07 ¥19.49 ¥33.27 39
5Y EBITDA Exit ¥17.27 ¥35.65 ¥60.68 41
5Y P/E Exit ¥11.19 ¥22.01 ¥35.43 38
10Y Revenue Exit ¥8.85 ¥17.94 ¥33.85 36
10Y EBITDA Exit ¥14.30 ¥30.67 ¥59.54 37
10Y P/E Exit ¥10.03 ¥19.92 ¥36.01 35
Earnings-Based
Graham-Dodd ¥5.49 ¥33.15 ¥46.22 54
Lynch FV ¥9.47 ¥13.52 ¥17.58 50
PEG = 1.0 ¥9.47 ¥13.52 ¥17.58 46
EPV ¥10.77 ¥12.48 ¥13.99 59
Dividend Discount
Gordon GGM ¥5.35 ¥11.67 ¥19.64 70
DDM Multi-Stage ¥5.35 ¥9.56 ¥12.16 61
Multiples
P/E Multiple ¥12.11 ¥16.15 ¥20.18 63
P/S Multiple ¥10.29 ¥13.72 ¥17.15 58
P/B Multiple ¥10.29 ¥13.72 ¥17.15 55
EV/EBIT ¥15.61 ¥20.44 ¥25.28 53
EV/EBITDA ¥22.04 ¥29.02 ¥36.00 54
EV/Revenue ¥10.88 ¥15.07 ¥19.26 43
Asset-Based
NCAV (Graham) ¥5.53 ¥7.41 ¥11.06 50
Growth DCF
Growth DCF ¥7.16 ¥14.11 ¥25.85 80
Rev-Margin DCF ¥10.07 ¥18.98 ¥31.58 74
Economic Profit
Residual Income ¥9.25 ¥9.88 ¥10.87 76
ROIC Compounder ¥10.77 ¥14.65 ¥18.95 72
Growth Earnings
Growth-Adj P/E ¥13.42 ¥19.17 ¥24.92 68

Widest divergence: DCF Models (¥19.92) versus Asset-Based (¥7.41). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 71.5B CNY
Revenue growth (YoY) -17.1%
Net margin 4.8%
Return on equity 6.6%
Free cash flow 2.0B CNY FY2025
P/E ratio 67.1
More key figures
Operating margin 2.4%
EPS (TTM) ¥0.6800
Dividend yield 1.3%
EPS growth (YoY) -12.2%
Net cash 1.5B CNY FY2024

Figures from reported company fundamentals · as of Jul 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 52/100

Of which business quality 54 · Market factors (momentum, volatility) 56

Profitability 39
Margins and returns on capital today
Quality Growth 54
Are margins and returns improving?
Cashflow 46
Earnings quality: real cash, not paper profit
Fin. Strength 85
Balance sheet, leverage, solvency risk
Investment 63
Disciplined investing over empire-building
Low Volatility 21
Calm price path (market factor)
Momentum 74
Price trend over the last 3–12 months (market factor)
52W Momentum 64
Distance to the 52-week high (market factor)
Net Issuance 35
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

Lens Technology Co., Ltd. engages in the research and development, production, and sale of structural components, functional modules, complete machine assembly, and other supporting services in China and internationally.

Full company description

Lens Technology Co., Ltd. engages in the research and development, production, and sale of structural components, functional modules, complete machine assembly, and other supporting services in China and internationally. The company offers front and rear glass cover; stainless steel, space aluminum, magnesium-aluminum alloy, titanium alloy, and other new composite materials; metal; sapphire; ceramics; plastics molds; other materials; and protective panels, fingerprint modules, touch modules, biometrics, and other appearance structures. It also provides functional components, supporting accessories, fixture molds, and self-developed industrial internet systems, as well as production, testing, and automation equipment. It serves smartphones, smart wearables, laptops, tablets, smart vehicles, smart home appliances, photovoltaic products, and other applications. The company was founded in 1993 and is based in Changsha, China. Lens Technology Co., Ltd. is a subsidiary of Lens Technology (Hong Kong) Co., Ltd.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Lens Technology Co reported revenue of ¥74.4B in FY2025 versus ¥45.3B in FY2021, a compound +13.2%/yr. Reported net income was ¥4.0B in FY2025, compounding +18.0%/yr from FY2021.

Growth Quality 76/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
74.4B CNY
Latest YoY
+6.5%
Avg. growth/yr (3Y)
+16.8%
Avg. growth/yr (5Y)
+15.0%
Avg. growth/yr (14Y)
+19.7%
Revenue +13.2%/yr
FY21 ¥45.3B
FY22 ¥46.7B
FY23 ¥54.5B
FY24 ¥69.9B
FY25 ¥74.4B
Net income +18.0%/yr
FY21 ¥2.1B
FY22 ¥2.4B
FY23 ¥3.0B
FY24 ¥3.6B
FY25 ¥4.0B

300433 screens 54% overvalued. Compare with Delta Electronics, Inc →

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Cite: Fair Value Calculator (2026). "Lens Technology Co Fair Value". https://www.fairvalue-calculator.com/stock/300433

Earlier news

External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.

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 52 · Above median
Fair Value upside −54% · Below median
Return on equity (TTM) 7% · Above median
Return on assets 3% · Above median
Net margin (TTM) 5% · Above median
Operating margin (TTM) 2% · Below median
Revenue growth -17% · Bottom 25%
Dividend yield (TTM) 1.3% · Above median
Debt / equity 0.08× · Lower than median

Valuation Multiples vs Electronic Components median · lower = cheaper

P/E (TTM) 61.9× · Pricier than median
P/B 4.04× · Pricier than median
P/S (TTM) 3.11× · Pricier than median
P/FCF 16.3× · Pricier than 75% of peers
EV/EBITDA 22.7× · Pricier than median
PEG 0.68× · Cheaper 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 0 · sector 32
PAST 26 · sector 24
HEALTH 96 · sector 95
DIVIDEND 25 · sector 24

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 13, 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 Lens Technology Co (300433) overvalued or undervalued?
As of Jul 13, 2026, our model estimates a fair value of ¥16.15 versus a price of ¥34.82, about −54% (overvalued).
What is the fair value of 300433?
Our model-based fair value for Lens Technology Co is ¥16.15 (as of Jul 13, 2026), built from audited fundamentals. The current price is ¥34.82.
What is the quality score of 300433?
Lens Technology Co has a Quality Score of 52/100. It combines two groups: business quality (profitability, growth, cash flow, balance-sheet strength) and market factors (price momentum, distance to the 52-week high, volatility). Both subtotals are shown separately in the detail view.
What is the revenue of Lens Technology Co (300433)?
Lens Technology Co reported trailing-twelve-month revenue of about 71.5B CNY (latest available figure, as of Jul 13, 2026).
What is the net profit margin of 300433?
The net profit margin of Lens Technology Co is about 4.8%, meaning it keeps roughly 4.8% of revenue as net income. Based on the latest reported figures.
Does Lens Technology Co pay a dividend?
Lens Technology Co currently shows a dividend yield of about 1.26% relative to its recent price (as of Jul 13, 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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