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Hunt Electronic Co (3297) Fair Value & Analysis

Industrials · TW · Market cap 1.1B TWD

HE Hunt Electronic Co 3297 · TWO
Price28.20 TWD
Fair Value8.05 TWD
Upside-71.5%
Quality67/100
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Weak Growth
Thin margins · 8.7% net margin
generates free cash flow
Trails peers (4/11)
Narrow moat 25/100
Evidence: High Range 6.04 TWD – 10.07 TWD Share as image

Fair value as of: Jul 21, 2026

From 18 valuation models · updated 20 days ago

Share price −8.0% over the past month.

A solid business, but screening 71% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (10.07 TWD). The favourable scenario is already priced in.
  • Solid but not exceptional quality (67/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

70.90 TWD 13.70 TWD Fair Value 8.05 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 13.70 TWD – 70.90 TWD · fair‑value band 6.04 TWD – 10.07 TWD · the 28.20 TWD price screens above the 8.05 TWD fair value. Dashed = 300-day average. As of Jul 21, 2026.

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Analysis

Hunt Electronic Co (3297) currently trades at 28.20 TWD, while our model-based Fair Value estimate is 8.05 TWD, implying the stock looks roughly 71.5% overvalued today. The Quality Score stands at 67/100 (solid 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: high).

Over the trailing twelve months, Hunt Electronic Co generated revenue of 206M TWD at a net margin of 8.7%. Revenue grew 10.9% year over year. It earns a return on equity of 3.2%. Net debt stands at 118M TWD. Fundamentals as of Jul 21, 2026

Our scenario range runs from 6.04 TWD (bear case) to 10.07 TWD (bull case); at 28.20 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 62% below its 52-week high, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at 10% fair-value upside, at -71%, 3297 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 11.08 TWD 10.71 TWD 8.51 TWD 76
Growth DCF 7.35 TWD 8.66 TWD 10.79 TWD 72
Gordon GGM 3.88 TWD 4.30 TWD 4.82 TWD 70
All 18 models by family
DCF Models
FCF DCF 7.21 TWD 8.58 TWD 11.02 TWD 38
Owner Earnings 6.81 TWD 8.08 TWD 10.32 TWD 31
5Y Revenue Exit 7.25 TWD 9.36 TWD 12.50 TWD 39
5Y P/E Exit 7.90 TWD 10.48 TWD 13.63 TWD 38
10Y Revenue Exit 7.07 TWD 8.68 TWD 10.44 TWD 36
10Y P/E Exit 7.56 TWD 9.33 TWD 11.07 TWD 35
Earnings-Based
Graham-Dodd 3.22 TWD 4.67 TWD 5.50 TWD 54
Dividend Discount
Gordon GGM 3.88 TWD 4.30 TWD 4.82 TWD 70
DDM Multi-Stage 3.88 TWD 4.78 TWD 5.83 TWD 61
Multiples
P/E Multiple 7.11 TWD 9.47 TWD 11.84 TWD 63
P/S Multiple 6.04 TWD 8.05 TWD 10.07 TWD 58
P/B Multiple 6.04 TWD 8.05 TWD 10.07 TWD 55
EV/Revenue 7.70 TWD 10.01 TWD 12.31 TWD 43
Asset-Based
NCAV (Graham) 8.05 TWD 10.79 TWD 16.11 TWD 50
Growth DCF
Growth DCF 7.35 TWD 8.66 TWD 10.79 TWD 72
Rev-Margin DCF 7.25 TWD 9.49 TWD 12.30 TWD 67
Economic Profit
Residual Income 11.08 TWD 10.71 TWD 8.51 TWD 76
Growth Earnings
Growth-Adj P/E 5.03 TWD 7.18 TWD 9.34 TWD 68

Widest divergence: Asset-Based (10.79 TWD) versus Dividend Discount (4.30 TWD). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 206M TWD
Revenue growth (YoY) +10.9%
Net margin 8.7%
Return on equity 3.2%
Free cash flow 21.3M TWD FY2025
P/E ratio 65.7
More key figures
Operating margin -14.6%
EPS (TTM) 0.4700 TWD
EPS growth (YoY) +1,239%
Net debt 118M TWD FY2024

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

Quality Score breakdown

Overall quality 67/100

Of which business quality 67 · Market factors (momentum, volatility) 21

Profitability 25
Margins and returns on capital today
Quality Growth 68
Are margins and returns improving?
Cashflow 62
Earnings quality: real cash, not paper profit
Fin. Strength 84
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 52
Calm price path (market factor)
Momentum 12
Price trend over the last 3–12 months (market factor)
52W Momentum 0
Distance to the 52-week high (market factor)
Net Issuance 82
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

Hunt Electronic Co., Ltd. designs, manufactures, and sells surveillance equipment in Taiwan, Europe, Asia, and the Americas. It offers AI network, network, 5G/4G LTE, thermal, and parking detection IP cameras, as well as recorder and software and application.

Full company description

Hunt Electronic Co., Ltd. designs, manufactures, and sells surveillance equipment in Taiwan, Europe, Asia, and the Americas. It offers AI network, network, 5G/4G LTE, thermal, and parking detection IP cameras, as well as recorder and software and application. The company also provides 4G/LTE, AIOT, intelligent video analytics, facial recognition, and hazardous area solutions. Its products are used in retail stores, construction sites, elderly care centers, transportation systems, financial institutions, and other applicable environments. The company was founded in 1988 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

Hunt Electronic Co reported revenue of 202M TWD in FY2025 versus 244M TWD in FY2021, a compound −4.7%/yr. Reported net income was 17.1M TWD in FY2025.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
202M TWD
Latest YoY
+20.6%
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.
−2.5%
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.
+0.1%
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.
−3.7%
Revenue −4.7%/yr
FY21 244M TWD
FY22 217M TWD
FY23 162M TWD
FY24 167M TWD
FY25 202M TWD
Net income
FY21 −15.1M TWD
FY22 4.1M TWD
FY23 −13.4M TWD
FY24 −4.8M TWD
FY25 17.1M TWD

3297 screens 71% overvalued. Compare with ASSA ABLOY AB →

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Cite: Fair Value Calculator (2026). "Hunt Electronic Co Fair Value". https://www.fairvalue-calculator.com/stock/3297

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 67 · Top 25%
Fair Value upside −72% · Bottom 25%
Return on equity (TTM) 3% · Below median
Return on assets -2% · Bottom 25%
Net margin (TTM) 9% · Above median
Operating margin (TTM) -15% · Bottom 25%
Revenue growth 11% · Above median

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

P/E (TTM) 62.0× · Pricier than 75% of peers
P/B 1.81× · Pricier than median
P/S (TTM) 5.09× · Pricier than 75% of peers
P/FCF 1.5× · 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 19
FUTURE 55 · sector 39
PAST 13 · sector 20
HEALTH 0 · sector 99
DIVIDEND 0 · sector 49

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

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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 Hunt Electronic Co (3297) overvalued or undervalued?
As of Jul 21, 2026, our model estimates a fair value of 8.05 TWD versus a price of 28.20 TWD, about −71% (overvalued).
What is the fair value of 3297?
Our model-based fair value for Hunt Electronic Co is 8.05 TWD (as of Jul 21, 2026), built from audited fundamentals. The current price is 28.20 TWD.
What is the quality score of 3297?
Hunt Electronic Co has a Quality Score of 67/100. 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 Hunt Electronic Co (3297)?
Hunt Electronic Co reported trailing-twelve-month revenue of about 206M TWD (latest available figure, as of Jul 21, 2026).
What is the net profit margin of 3297?
The net profit margin of Hunt Electronic Co is about 8.7%, meaning it keeps roughly 8.7% 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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