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Hi Sharp Intelligence Technology Co (3128) Fair Value & Analysis

Industrials · TW · Market cap 1.0B TWD

HS Hi Sharp Intelligence Technology Co 3128 · TWO
Price21.95 TWD
Fair Value21.10 TWD
Upside-3.9%
Quality31/100
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Expensive Growth
Thin margins · 4.8% net margin
Moderate debt · negative free cash flow
Ranks above peers (8/13)
Narrow moat 35/100
Evidence: Medium Range 14.77 TWD – 27.43 TWD Share as image

Fair value as of: Jul 21, 2026

From 13 valuation models · updated 20 days ago

Share price −9.3% over the past month.

Below-average quality, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • A fairly wide model range (14.77 TWD to 27.43 TWD) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

52.03 TWD 13.72 TWD Fair Value 21.10 TWD Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 21, 2026.

How to read this chart

60‑month range 13.72 TWD – 52.03 TWD · fair‑value band 14.77 TWD – 27.43 TWD · the 21.95 TWD price screens above the 21.10 TWD fair value. Dashed = 300-day average. As of Jul 21, 2026.

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Analysis

Hi Sharp Intelligence Technology Co (3128) currently trades at 21.95 TWD, while our model-based Fair Value estimate is 21.10 TWD, implying the stock looks roughly 3.9% fairly valued today. The Quality Score stands at 31/100 (below-average quality), in the Industrials 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, Hi Sharp Intelligence Technology Co generated revenue of 1.1B TWD at a net margin of 4.8%. Revenue declined 9.2% year over year. It earns a return on equity of 7.0%. Net debt stands at 695M TWD. Fundamentals as of Jul 21, 2026

Our scenario range runs from 14.77 TWD (bear case) to 27.43 TWD (bull case); at 21.95 TWD, the current price sits within 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 58% below its 52-week high and 3% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at 10% fair-value upside, at -4%, 3128 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 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. Evidence
Highest evidence
Residual Income 12.94 TWD 13.50 TWD 14.03 TWD 76
ROIC Compounder 5.44 TWD 7.23 TWD 8.72 TWD 72
Growth-Adj P/E 14.77 TWD 21.10 TWD 27.43 TWD 68
All 13 models by family
Earnings-Based
Graham-Dodd 8.84 TWD 20.55 TWD 26.41 TWD 54
PEG = 1.0 3.49 TWD 4.98 TWD 6.48 TWD 46
EPV 5.44 TWD 7.23 TWD 8.72 TWD 59
Multiples
P/E Multiple 19.51 TWD 26.01 TWD 32.52 TWD 63
P/S Multiple 16.58 TWD 22.11 TWD 27.64 TWD 58
P/B Multiple 16.58 TWD 22.11 TWD 27.64 TWD 55
EV/EBIT 17.01 TWD 25.24 TWD 33.47 TWD 53
EV/EBITDA 13.84 TWD 21.02 TWD 28.20 TWD 54
EV/Revenue 8.96 TWD 16.09 TWD 23.23 TWD 43
Asset-Based
NCAV (Graham) 8.30 TWD 11.13 TWD 16.61 TWD 50
Economic Profit
Residual Income 12.94 TWD 13.50 TWD 14.03 TWD 76
ROIC Compounder 5.44 TWD 7.23 TWD 8.72 TWD 72
Growth Earnings
Growth-Adj P/E 14.77 TWD 21.10 TWD 27.43 TWD 68

Widest divergence: Multiples (22.11 TWD) versus Earnings-Based (7.23 TWD). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 1.1B TWD
Revenue growth (YoY) -9.2%
Net margin 4.8%
Return on equity 7.0%
Free cash flow −263M TWD FY2025
P/E ratio 17.3
More key figures
Operating margin 6.7%
EPS (TTM) 1.28 TWD
EPS growth (YoY) -43.4%
Net debt 695M TWD FY2025

Figures from reported company fundamentals · as of Jul 21, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 31/100

Of which business quality 32 · Market factors (momentum, volatility) 25

Profitability 36
Margins and returns on capital today
Quality Growth 48
Are margins and returns improving?
Cashflow 7
Earnings quality: real cash, not paper profit
Fin. Strength 41
Balance sheet, leverage, solvency risk
Investment 31
Disciplined investing over empire-building
Low Volatility 58
Calm price path (market factor)
Momentum 16
Price trend over the last 3–12 months (market factor)
52W Momentum 2
Distance to the 52-week high (market factor)
Net Issuance 36
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

Hi Sharp Intelligence Technology Co.,Ltd. develops, manufactures, sells, and installs intelligence surveillance products in Taiwan.

Full company description

Hi Sharp Intelligence Technology Co.,Ltd. develops, manufactures, sells, and installs intelligence surveillance products in Taiwan. The company offers camera and network video recorder (NVR)/DVR compliant products; analog products, including hybrid cameras, full color series, value-plus analog cameras, and hybrid DVR; network products, such as Taiwan chipset IPCs, face detection IPCs, value-plus IP cameras, PTZ cameras, 5M thermal camera, access controllers, and NVR products. The company also provides accessories, such as PoE switches, connectors, surveillance MIC, and video encoder, and other products. It provides solutions, which includes facial recognition, people flow management, vehicle applications, parking management surveillance, access control management, SVR, worksite access control, fire detection, railway station surveillance, occupational safety monitoring, and parking lot monitoring. The company was formerly known as Hi Sharp Electronics Co., Ltd. and changed its name to Hi Sharp Intelligence Technology Co.,Ltd. in July 2025. Hi Sharp Intelligence Technology Co.,Ltd. was founded in 1987 and is based in Taoyuan City, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Hi Sharp Intelligence Technology Co reported revenue of 1.1B TWD in FY2025 versus 932M TWD in FY2021, a compound +4.2%/yr. Reported net income was 61.5M TWD in FY2025, compounding +16.4%/yr from FY2021.

Growth Quality 26/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
1.1B TWD
Latest YoY
−0.1%
Avg. growth/yr (3Y) 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.
+0.8%
Avg. growth/yr (5Y) 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.
+5.3%
Avg. growth/yr (8Y) 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.
+4.8%
Revenue +4.2%/yr
FY21 932M TWD
FY22 1.1B TWD
FY23 974M TWD
FY24 1.1B TWD
FY25 1.1B TWD
Net income +16.4%/yr
FY21 33.5M TWD
FY22 73.8M TWD
FY23 37.1M TWD
FY24 70.2M TWD
FY25 61.5M TWD

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Cite: Fair Value Calculator (2026). "Hi Sharp Intelligence Technology Co Fair Value". https://www.fairvalue-calculator.com/stock/3128

Peer Group

Security & Protection Services · 114 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 31 · Bottom 25%
Fair Value upside −4% · Above median
Return on equity (TTM) 7% · Above median
Return on assets 3% · Above median
Net margin (TTM) 5% · Above median
Operating margin (TTM) 7% · Above median
Revenue growth -9% · Bottom 25%
Dividend yield (TTM) 0.0% · Bottom 25%
Debt / equity 0.53× · Higher than 75% of peers

Valuation Multiples vs Security & Protection Services median · lower = cheaper

P/E (TTM) 17.3× · Cheaper than median
P/B 1.33× · Cheaper than median
P/S (TTM) 0.98× · Cheaper than median
EV/EBITDA 16.9× · Pricier than 75% of peers

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 28 · sector 19
FUTURE 0 · sector 39
PAST 28 · sector 20
HEALTH 74 · sector 99
DIVIDEND 0 · sector 49

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 Security & Protection Services stocks, each showing price versus our Fair Value estimate (as of Jul 21, 2026).

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Verisure plc VSURE €10.26 €12.40 +21%
Allegion plc ALLE $137.24 $127.80 -7%
Securitas AB SECUB kr 162.10 kr 186.34 +15%
Zhejiang Dahua Technology Co 002236 ¥16.57 ¥23.58 +42%
MSA Safety Incorporated MSA $169.00 $118.51 -30%
ADT Inc ADT $7.06 $17.10 +142%
The Brink's Company BCO $104.24 $101.84 -2%
Brady Corporation BRC $90.16 $73.43 -19%
The GEO Group GEO $29.46 $32.36 +10%

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Frequently asked questions

Is Hi Sharp Intelligence Technology Co (3128) overvalued or undervalued?
As of Jul 21, 2026, our model estimates a fair value of 21.10 TWD versus a price of 21.95 TWD, about −4% (fairly valued).
What is the fair value of 3128?
Our model-based fair value for Hi Sharp Intelligence Technology Co is 21.10 TWD (as of Jul 21, 2026), built from audited fundamentals. The current price is 21.95 TWD.
What is the quality score of 3128?
Hi Sharp Intelligence Technology Co has a Quality Score of 31/100. 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 Hi Sharp Intelligence Technology Co (3128)?
Hi Sharp Intelligence Technology Co reported trailing-twelve-month revenue of about 1.1B TWD (latest available figure, as of Jul 21, 2026).
What is the net profit margin of 3128?
The net profit margin of Hi Sharp Intelligence Technology Co is about 4.8%, meaning it keeps roughly 4.8% of revenue as net income. 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.

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