Shenmao Technology Inc (3305) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Shenmao Technology Inc stock TWD 30.49, price TWD 90.70, that is 66.4% below the price, quality 41 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 34.20 TWD – 167.50 TWD · fair‑value band 23.72 TWD – 36.98 TWD · the 90.70 TWD price screens above the 30.49 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 8, 2026.
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Shenmao Technology Inc, together with its subsidiaries, manufactures and sells solder materials in the Taiwan, Mainland China, Thailand, Malaysia, and internationally.
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The company offers SMT assembly materials, including tin lead, lead-free, water soluble, package on package, low temperature, and halogen free solder pastes, as well as adhesives; and semiconductor packaging products, such as BGA spheres and bumping solder pastes.
It also provides wave solder assembly materials comprising solder bars, cored solder wires, lead free solder wires, and halogens free solder wires; liquid and no-clean fluxes; solder preforms and ribbons; and PV ribbons, as well as copper strip, wire, rods, balls, and paste.
In addition, the company manufactures and sells solar photovoltaic products; electronic component manufacturing; and inspects semiconductor materials, as well as trading activities. It serves manufacturers of electronic computers, network communications, and consumer electronics.
The company was founded in 1973 and is headquartered in Taoyuan City, Taiwan.
Stock analysis
Shenmao Technology Inc (3305) currently trades at 90.70 TWD, while our model-based Fair Value estimate is 30.49 TWD, 66% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of 53.95 TWD per share, and 0 of the 17 models we run sit above the 90.70 TWD price.
Bear case: the Asset-Based group reads lowest at 16.69 TWD, and 17 of the 17 models stay below the price. Data coverage for this calculation is high.
Scenario range: 23.72 TWD (bear) to 36.98 TWD (bull), the price of 90.70 TWD 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 41/100 (below-average quality), in the Technology sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Shenmao Technology Inc reported revenue of 10.6B TWD in FY2025 versus 8.3B TWD in FY2021, a compound +6.4%/yr. Reported net income was 418M TWD in FY2025, compounding −9.1%/yr from FY2021.
Key figures
Market cap 12.8B TWD (≈ $392M) Small · P/E ratio 16.5 · P/S ratio 0.93 · EPS (TTM) 5.51 TWD · Dividend yield 2.5% · Net margin 5.6% · Return on equity 14.8% · Return on assets (EBIT) 7.3% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 42 out of 100 (medium confidence).
What moves the price
The share trades about 46% below its 52-week high and at its 52-week low, currently below its 200-day average.
For context, the median of 10 Technology peers we cover trades at −7% fair-value upside, at −66%, 3305 screens richer than that median.
Fair Value models
Bear23.72 TWDFair Value 30.49 TWDBull36.98 TWD
Price 90.70 TWD · Downside -66.4%
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 2025 figures (about 10 months old). Earnings retained since then (2.74 TWD 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
+29.4%
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.
+8.1%
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.
+15.0%
Start year 2020 (pandemic). Over 10 years: +8.4% a year
Revenue growth 22 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.
+11.0%
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What shareholders gained per year (last 5 years), in TWD ⓘ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. Measured in TWD: 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.
+18.5%
Earnings growth per share plus dividend.
Earnings per share, growth per year+16.0%
Dividend (yield on the price)2.5%
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.16.0% vs 4.2%, picking up
Profit margin 2020 to 2025 ⓘ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.5% → 6%
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.Electronic Components · 651 stocks
Beats the industry median on 7/13 measures
A mixed picture versus its industry peers.
Valuation
Quality Score41 · Bottom 25%
Fair Value upside−66.4% · Bottom 25%
Profitability
Return on equity (12 months)14.8% · Top 25%
Return on assets3.3% · Below median
Net margin (12 months)5.6% · Below median
Operating margin (12 months)11.6% · Above median
Growth and dividend
Revenue growth (quarter YoY)67.6% · Top 25%
Dividend yield (12 months)2.5% · Above median
Balance sheet
Debt / equity0.17× · Above median
Valuation Multiplesvs Electronic Components median · lower = cheaper
P/E (12 months)16.5× · Cheaper than median
P/B2.27× · Pricier than median
P/S (12 months)0.93× · Cheapest 25%
EV/EBITDA8.7× · Cheaper than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 0
FUTURE (revenue growth)100· sector 70
PAST (return on equity)59· sector 28
HEALTH (low debt)91· sector 95
DIVIDEND (yield)51· sector 27
VALUE 0: the price sits above our fair-value range.
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.
Is Shenmao Technology Inc (3305) overvalued or undervalued?
As of Nov 8, 2026, our model estimates a fair value of 30.49 TWD versus a price of 90.70 TWD, about 66% lower (overvalued).
What is the fair value of 3305?
Our model-based fair value for Shenmao Technology Inc is 30.49 TWD (as of Nov 8, 2026), built from audited fundamentals. The current price: 90.70 TWD.
What is the quality score of 3305?
Shenmao Technology Inc has a Quality Score of 41/100. 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 Shenmao Technology Inc (3305)?
Our model-based price target is the fair value of 30.49 TWD (as of Nov 8, 2026) from 17 valuation models. Cautious scenario 23.72 TWD, optimistic scenario 36.98 TWD. It is a calculation from audited fundamentals, not an analyst target.
What is the Shenmao Technology Inc stock forecast for 2026?
Our models put fair value at 30.49 TWD, about 66% lower versus a price of 90.70 TWD (overvalued). Cautious scenario 23.72 TWD, optimistic scenario 36.98 TWD. The calculation is refreshed regularly with new filings.
What is the revenue of Shenmao Technology Inc (3305)?
Shenmao Technology Inc reported trailing-twelve-month revenue of about 13.8B TWD (latest available figure, as of Nov 8, 2026).
Does Shenmao Technology Inc pay a dividend?
Shenmao Technology Inc currently shows a dividend yield of 2.54% relative to its recent price (as of Nov 8, 2026).
How much is the dividend of Shenmao Technology Inc (3305) and when is the ex-dividend date?
Shenmao Technology Inc pays a dividend of 2.30 TWD per share a year, a dividend yield of 2.5%. The last ex-dividend date was Jul 15, 2026. The payout ratio is 41.7% of earnings. Our assessment: Watch coverage. The dividend isn’t fully covered by free cash flow or earnings, part of it is funded from reserves or debt. Fine for now, but worth watching: if it stays uncovered, the dividend could be cut.
What is the intrinsic value of Shenmao Technology Inc (3305)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Shenmao Technology Inc it is 30.49 TWD per share (as of Nov 8, 2026), against a price of 90.70 TWD. 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 Shenmao Technology Inc stock overvalued or undervalued in 2026?
As of Nov 8, 2026, 3305 trades above its calculated fair value: price 90.70 TWD, fair value 30.49 TWD, a gap of about −66% (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 3305?
No. The price is what the market pays today (90.70 TWD); the fair value is what the company's own numbers justify (30.49 TWD). For Shenmao Technology Inc the two are 60.21 TWD per share apart. That gap is exactly why we show both numbers side by side.
How much is Shenmao Technology Inc worth?
The market values Shenmao Technology Inc at about 12.8B TWD (market capitalisation, as of Nov 8, 2026). Per share that is 90.70 TWD; our models calculate a fair value of 30.49 TWD per share.
What do the bullish and bearish scenarios say about 3305?
Our models span a range for Shenmao Technology Inc: cautious scenario 23.72 TWD, base 30.49 TWD, optimistic 36.98 TWD per share (as of Nov 8, 2026, price 90.70 TWD). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 3305?
Shenmao Technology Inc trades at a price-to-earnings ratio of 16.5 (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 30.49 TWD is built from several models across several years. Median P/E at fiscal year-end, 10 fiscal years (2016 to 2025), reported earnings: 20.8. Other multiples: P/B 2.3, P/S 0.9, EV/EBITDA 8.7.
How solid is the balance sheet of Shenmao Technology Inc (3305)?
Balance-sheet figures for Shenmao Technology Inc (as of Nov 8, 2026): return on equity 14.8%, debt of 0.17 per unit of equity. They feed the Quality Score of 41/100, which measures business quality independently of the share price.
How far is 3305 from its 52-week high?
Shenmao Technology Inc trades at 90.70 TWD, about 46% below its 52-week high of 167.50 TWD and at the low of 90.50 TWD (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 30.49 TWD is for.
Which stocks are comparable to Shenmao Technology Inc?
From the same area (Technology) we also value Amphenol Corporation, Hon Hai Precision Industry Co, Corning Incorporated, Delta Electronics, Inc, 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 Shenmao Technology Inc stock attractive at the current price?
The data as of Nov 8, 2026: price 90.70 TWD, calculated fair value 30.49 TWD (−66%), Quality Score 41/100, 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 3305 calculated?
We run Shenmao Technology Inc 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 30.49 TWD 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 13.0% above its aggregate fair value. Shenmao Technology Inc 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 Shenmao Technology Inc (3305)?
The closing price on Nov 6, 2026 was 90.70 TWD. Our model-based fair value is 30.49 TWD, about 66% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Shenmao Technology Inc right now?
The price sits above even our optimistic bull case (36.98 TWD). The favourable scenario is already priced in. Weak quality (41/100) and above fair value at the same time, the margin of safety is missing on both counts.
Where does the earnings growth of Shenmao Technology Inc (3305) come from?
Earnings per share at Shenmao Technology Inc grew +4.1 % a year from 2014 to 2025. Broken into its drivers: revenue per share +4.4 %, EBIT margin −0.2 %, tax rate −0.5 %, residual (interest, one-offs) +0.4 %. 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 Shenmao Technology Inc
How large is the market capitalisation of Shenmao Technology Inc (3305)?
The market capitalisation of Shenmao Technology Inc is 12.8B TWD (≈ $392M). 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 Shenmao Technology Inc (3305)?
The price-to-sales ratio of Shenmao Technology Inc is 0.93 (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 Shenmao Technology Inc (3305)?
Earnings per share at Shenmao Technology Inc are 5.51 TWD (price ÷ EPS = P/E 16.5). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Shenmao Technology Inc (3305)?
The dividend yield of Shenmao Technology Inc is 2.5% (payout 41.7%). 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 Shenmao Technology Inc (3305)?
The net margin of Shenmao Technology Inc is 5.6% (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 Shenmao Technology Inc (3305)?
The return on equity (ROE) of Shenmao Technology Inc is 14.8% (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 Shenmao Technology Inc (3305)?
On an EBIT basis the return on assets of Shenmao Technology Inc is 7.3% (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 Shenmao Technology Inc (3305)?
The operating margin of Shenmao Technology Inc is 11.6% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Shenmao Technology Inc (3305)?
Revenue at Shenmao Technology Inc is growing +67.6% versus a year earlier (3y avg +8.1%). 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 Shenmao Technology Inc (3305)?
Earnings per share at Shenmao Technology Inc are growing +12.7% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Shenmao Technology Inc (3305) generate?
The free cash flow of Shenmao Technology Inc is −1.0B TWD (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Shenmao Technology Inc (3305) carry?
The net debt of Shenmao Technology Inc is 3.8B TWD (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Broad data
Nov 8, 2026