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Uniflex Technology Inc (3321) Fair Value & Analysis

Technology · TW · Market cap 1.6B TWD

UT Uniflex Technology Inc 3321 · TW
Price19.30 TWD
Fair Value15.67 TWD
Upside-18.8%
Quality48/100
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Expensive Growth
Loss-making · -8.1% net margin
Low debt · negative free cash flow
Trails peers (3/10)
Narrow moat 12/100
Evidence: Low Range 14.47 TWD – 17.48 TWD Share as image

Fair value as of: Jul 21, 2026

From 3 valuation models · updated 20 days ago

Fair value updated Jul 21, 2026, revised from 15.57 TWD to 15.67 TWD (+0.6%) since Jul 9, 2026. Share price −11.5% over the past month.

Below-average quality, and screening another 19% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (17.48 TWD). The favourable scenario is already priced in.
  • Solid but not exceptional quality (48/100) and above fair value, neither a clear bargain nor a standout compounder.
  • Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
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Price vs Fair Value (5 years)

33.07 TWD 5.37 TWD Fair Value 15.67 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 5.37 TWD – 33.07 TWD · fair‑value band 14.47 TWD – 17.48 TWD · the 19.30 TWD price screens above the 15.67 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 21, 2026.

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Analysis

Uniflex Technology Inc (3321) currently trades at 19.30 TWD, while our model-based Fair Value estimate is 15.67 TWD, implying the stock looks roughly 18.8% overvalued today. The Quality Score stands at 48/100 (below-average 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: low).

Over the trailing twelve months, Uniflex Technology Inc generated revenue of 2.1B TWD at a net margin of -8.1%. Revenue declined 3.5% year over year. It earns a return on equity of -31.8%. Net debt stands at 545M TWD. Fundamentals as of Jul 21, 2026

Our scenario range runs from 14.47 TWD (bear case) to 17.48 TWD (bull case); at 19.30 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 14% below its 52-week high and 222% 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 -19%, 3321 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 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
Gordon GGM 13.65 TWD 14.71 TWD 16.30 TWD 70
DDM Multi-Stage 13.65 TWD 16.25 TWD 19.60 TWD 61
NCAV (Graham) 4.17 TWD 5.59 TWD 8.34 TWD 50
All 3 models by family
Dividend Discount
Gordon GGM 13.65 TWD 14.71 TWD 16.30 TWD 70
DDM Multi-Stage 13.65 TWD 16.25 TWD 19.60 TWD 61
Asset-Based
NCAV (Graham) 4.17 TWD 5.59 TWD 8.34 TWD 50

Widest divergence: Dividend Discount (14.71 TWD) versus Asset-Based (5.59 TWD). Highest evidence: Gordon GGM (70).

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Key figures & financial health

Revenue (TTM) 2.1B TWD
Revenue growth (YoY) -3.5%
Net margin -8.1%
Return on equity -31.8%
Free cash flow −311M TWD FY2025
Operating margin -13.3%
More key figures
EPS (TTM) -3.36 TWD
Net debt 545M TWD FY2025

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

Quality Score breakdown

Overall quality 48/100

Of which business quality 46 · Market factors (momentum, volatility) 64

Profitability 17
Margins and returns on capital today
Quality Growth 61
Are margins and returns improving?
Cashflow 20
Earnings quality: real cash, not paper profit
Fin. Strength 39
Balance sheet, leverage, solvency risk
Investment 76
Disciplined investing over empire-building
Low Volatility 41
Calm price path (market factor)
Momentum 70
Price trend over the last 3–12 months (market factor)
52W Momentum 79
Distance to the 52-week high (market factor)
Net Issuance 100
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

Uniflex Technology Inc. engages in the manufacturing, processing, and trading of multi-layer and flexible printed circuit boards and electronic components in Taiwan. The company's application includes information technology, communication, consumer electronics, automotive, medical equipment, and industrial equipment. Uniflex Technology Inc.

Full company description

Uniflex Technology Inc. engages in the manufacturing, processing, and trading of multi-layer and flexible printed circuit boards and electronic components in Taiwan. The company's application includes information technology, communication, consumer electronics, automotive, medical equipment, and industrial equipment. Uniflex Technology Inc. was founded in 1979 and is based in Taichung, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Uniflex Technology Inc reported revenue of 2.1B TWD in FY2025 versus 2.2B TWD in FY2021, a compound −1.1%/yr. Reported net income was −180M TWD in FY2025.

Growth Quality 18/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
2.1B TWD
Latest YoY
+9.1%
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.
+8.7%
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.
+2.9%
Avg. growth/yr (16Y) 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.
+4.5%
Revenue −1.1%/yr
FY21 2.2B TWD
FY22 1.7B TWD
FY23 1.5B TWD
FY24 2.0B TWD
FY25 2.1B TWD
Net income
FY21 −84.9M TWD
FY22 −267M TWD
FY23 −271M TWD
FY24 −208M TWD
FY25 −180M TWD

3321 screens 19% overvalued. Compare with Delta Electronics, Inc →

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Cite: Fair Value Calculator (2026). "Uniflex Technology Inc Fair Value". https://www.fairvalue-calculator.com/stock/3321

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.

Quality Score 48 · Below median
Fair Value upside −19% · Above median
Return on assets -4% · Bottom 25%
Net margin (TTM) -8% · Bottom 25%
Operating margin (TTM) -13% · Bottom 25%
Revenue growth -4% · Below median
Debt / equity 0.31× · Higher than 75% of peers

Valuation Multiples vs Electronic Components median · lower = cheaper

P/B 0.07× · Cheaper than 75% of peers
P/S (TTM) 0.02× · Cheaper 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 8 · sector 0
FUTURE 0 · sector 32
PAST 0 · sector 24
HEALTH 85 · sector 95
DIVIDEND 0 · sector 25

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 21, 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 Uniflex Technology Inc (3321) overvalued or undervalued?
As of Jul 21, 2026, our model estimates a fair value of 15.67 TWD versus a price of 19.30 TWD, about −19% (overvalued).
What is the fair value of 3321?
Our model-based fair value for Uniflex Technology Inc is 15.67 TWD (as of Jul 21, 2026), built from audited fundamentals. The current price is 19.30 TWD.
What is the quality score of 3321?
Uniflex Technology Inc has a Quality Score of 48/100. 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 Uniflex Technology Inc (3321)?
Uniflex Technology Inc reported trailing-twelve-month revenue of about 2.1B TWD (latest available figure, as of Jul 21, 2026).
What is the net profit margin of 3321?
The net profit margin of Uniflex Technology Inc is about -8.1%, meaning it is currently running at a net loss. 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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