Bright LED Electronics Corp (3031) Fair Value & Analysis
Technology · TW · Market cap 4.4B TWD
Fair value as of: Jul 23, 2026
From 22 valuation models · updated 18 days ago
Share price −24.5% over the past month.
A solid business, but screening 29% overvalued on our models.
What matters now
- A high-quality business (quality 71/100), yet the market already pays well above fair value. Quality at a full price, with little margin of safety.
- The price sits above even our optimistic bull case (20.60 TWD). The favourable scenario is already priced in.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 23, 2026.
How to read this chart
60‑month range 13.04 TWD – 34.50 TWD · fair‑value band 12.96 TWD – 20.60 TWD · the 23.30 TWD price screens above the 16.48 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 23, 2026.
Analysis
Bright LED Electronics Corp (3031) currently trades at 23.30 TWD, while our model-based Fair Value estimate is 16.48 TWD, implying the stock looks roughly 29.3% overvalued today. The Quality Score stands at 71/100 (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, Bright LED Electronics Corp generated revenue of 1.2B TWD at a net margin of 16.4%. Revenue grew 14.5% year over year. It earns a return on equity of 6.5%. The balance sheet holds a net cash position of 778M TWD. Fundamentals as of Jul 23, 2026
Our scenario range runs from 12.96 TWD (bear case) to 20.60 TWD (bull case); at 23.30 TWD, 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 34% below its 52-week high and 43% 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 -29%, 3031 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.
All 22 models by family
Widest divergence: DCF Models (20.39 TWD) versus Earnings-Based (8.01 TWD). Highest evidence: Growth DCF (80).
Notify me when 3031 reaches fair value
Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Jul 23, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 72 · Market factors (momentum, volatility) 58
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
Bright LED Electronics Corp. manufactures and sells light-emitting diodes, indicator lights, displays, and other products in China, Taiwan, Korea, the United States, and internationally.
Full company description
Bright LED Electronics Corp. manufactures and sells light-emitting diodes, indicator lights, displays, and other products in China, Taiwan, Korea, the United States, and internationally. The company offers PCBA products, such as motor, sensor, and LED light bar assemblies; LED components, including lamps, displays, SMD, PLCC, and infrared; and LED indoor, outdoor, and specialty lighting products. It also engages in the producing and processing of LED die and artificial crystals; import and export business; and PCB processing activities. The company offers its products for applications in 3C industry, lighting market, automotive market, and other industries. The company was founded in 1981 and is based in New Taipei City, Taiwan.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
Bright LED Electronics Corp reported revenue of 1.1B TWD in FY2025 versus 1.5B TWD in FY2021, a compound −7.1%/yr. Reported net income was 189M TWD in FY2025, compounding −6.7%/yr from FY2021.
3031 screens 29% overvalued. Compare with Delta Electronics, Inc →
Peer Group
Electronic Components · 625 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.
Valuation Multiples vs Electronic Components median · lower = cheaper
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: 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.
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 23, 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 Bright LED Electronics Corp with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Technology stocks →
Frequently asked questions
Is Bright LED Electronics Corp (3031) overvalued or undervalued?
What is the fair value of 3031?
What is the quality score of 3031?
What is the revenue of Bright LED Electronics Corp (3031)?
What is the net profit margin of 3031?
Does Bright LED Electronics Corp pay a dividend?
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.
Track Bright LED Electronics Corp 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.