Paragon Technologies Co Ltd (3518) fair value: what the stock is really worth
As of Oct 5, 2026: fair value of Paragon Technologies Co Ltd TWD 72.97, price TWD 48.75, upside +49.7%, quality 27 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Paragon Technologies Co., Ltd. engages in the research, development, manufacturing, processing, and sale of mechanical equipment and components in Asia, Europe, and North America. It offers coating services for wheel rims, such as 3C functional coating and 3C appearance coating. The company was founded in 1984 and is based in Taoyuan City, Taiwan.
Stock analysis
Paragon Technologies Co Ltd (3518) currently trades at 48.75 TWD, while our model-based Fair Value estimate is 72.97 TWD, implying the stock looks roughly 33.2% undervalued today.
Show more
Valuation
How firm this estimate is: it rests on 1 models at a data quality of 96/100, which puts the evidence level at low.
Scenario range: 48.11 TWD (bear) to 91.08 TWD (bull), the price of 48.75 TWD sits inside 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 27/100 (below-average quality), in the Industrials sector.
Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.
Paragon Technologies Co Ltd reported revenue of 320M TWD in FY2025 versus 800M TWD in FY2021, a compound −20.5%/yr. Reported net income was −149M TWD in FY2025.
Key figures
Market cap 6.1B TWD (≈ $193M) · P/E ratio 23.3 · P/S ratio 16.4 · EPS (TTM) 2.09 TWD · Net margin −46.7% · Return on equity 14.6% · Return on assets (EBIT) −1.5% · Operating margin −111%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 32 out of 100 (medium confidence).
What moves the price
The share trades at its 52-week high and 153% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −49% fair-value upside, at 50%, 3518 screens cheaper than that median.
Fair Value models
Bear 48.11 TWDFair Value 72.97 TWDBull 91.08 TWD
Price 48.75 TWD · Upside +49.7%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then (1.59 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.Evidence ⓘEvidence = 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.18/100
Revenue is shrinking: the last year, the last three and the last five years are all negative.
Revenue growth 1 year
−9.6%
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.
−11.2%
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.
−14.1%
Start year 2020 (pandemic). Over 10 years: −12.2% a year
Revenue growth 17 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.
−10.2%
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
Profit margin (trend) ⓘ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.
2.2% (2020) → −49.1% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
Compare Paragon Technologies Co Ltd with another stock
Price, fair value, quality and upside side by side.
Free, no sign-up
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.Specialty Industrial Machinery · 805 stocks
Beats the industry median on 4/12 measures
Overall it trails its industry peers.
Valuation
Quality Score27 · Bottom 25%
Fair Value upside+64.5% · Top 25%
Profitability
Return on equity (TTM)14.6% · Top 25%
Return on assets−5.8% · Bottom 25%
Net margin (TTM)78.1% · Top 25%
Operating margin (TTM)−110.8% · Bottom 25%
Growth and dividend
Revenue growth−36.8% · Bottom 25%
Balance sheet
Debt / equity0.26× · Above median
Valuation Multiplesvs Specialty Industrial Machinery median · lower = cheaper
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.
Cite: Fair Value Calculator (2026). "Paragon Technologies Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/3518
Frequently asked questions
Is Paragon Technologies Co Ltd (3518) overvalued or undervalued?
As of Oct 4, 2026, our model estimates a fair value of 72.97 TWD versus a price of 48.75 TWD, about +50% upside (undervalued).
What is the fair value of 3518?
Our model-based fair value for Paragon Technologies Co Ltd is 72.97 TWD (as of Oct 4, 2026), built from audited fundamentals. The current price: 48.75 TWD.
What is the quality score of 3518?
Paragon Technologies Co Ltd has a Quality Score of 27/100. 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 Paragon Technologies Co Ltd (3518)?
Our model-based price target is the fair value of 72.97 TWD (as of Oct 4, 2026) from 1 valuation models. Cautious scenario 48.11 TWD, optimistic scenario 91.08 TWD. It is a calculation from audited fundamentals, not an analyst target.
What is the Paragon Technologies Co Ltd stock forecast for 2026?
Our models put fair value at 72.97 TWD, about +50% upside versus a price of 48.75 TWD (undervalued). Cautious scenario 48.11 TWD, optimistic scenario 91.08 TWD. The calculation is refreshed regularly with new filings.
What is the revenue of Paragon Technologies Co Ltd (3518)?
Paragon Technologies Co Ltd reported trailing-twelve-month revenue of about 277M TWD (latest available figure, as of Oct 4, 2026).
What is the intrinsic value of Paragon Technologies Co Ltd (3518)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Paragon Technologies Co Ltd it is 72.97 TWD per share (as of Oct 4, 2026), against a price of 48.75 TWD. It is the blended result of 1 valuation models (cash flow, earnings, asset, dividend).
Is Paragon Technologies Co Ltd stock overvalued or undervalued in 2026?
As of Oct 4, 2026, 3518 trades below its calculated fair value: price 48.75 TWD, fair value 72.97 TWD, a gap of about +50% (undervalued). 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 3518?
No. The price is what the market pays today (48.75 TWD); the fair value is what the company's own numbers justify (72.97 TWD). For Paragon Technologies Co Ltd the two are 24.22 TWD per share apart. That gap is exactly why we show both numbers side by side.
How much is Paragon Technologies Co Ltd worth?
The market values Paragon Technologies Co Ltd at about 6.1B TWD (market capitalisation, as of Oct 4, 2026). Per share that is 48.75 TWD; our models calculate a fair value of 72.97 TWD per share.
What do the bullish and bearish scenarios say about 3518?
Our models span a range for Paragon Technologies Co Ltd: cautious scenario 48.11 TWD, base 72.97 TWD, optimistic 91.08 TWD per share (as of Oct 4, 2026, price 48.75 TWD). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 3518?
Paragon Technologies Co Ltd trades at a price-to-earnings ratio of 23.3 (as of Oct 4, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 72.97 TWD is built from several models across several years. Other multiples: PEG 4.0, P/B 4.0, P/S 20.1.
What is the PEG ratio of 3518?
The PEG ratio of Paragon Technologies Co Ltd is 4.04 (P/E divided by earnings growth, as of Oct 4, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Paragon Technologies Co Ltd (3518)?
Balance-sheet figures for Paragon Technologies Co Ltd (as of Oct 4, 2026): return on equity 14.6%, debt of 0.26 per unit of equity. They feed the Quality Score of 27/100, which measures business quality independently of the share price.
How far is 3518 from its 52-week high?
Paragon Technologies Co Ltd trades at 48.75 TWD, at its 52-week high of 48.75 TWD and 153% above the low of 19.30 TWD (as of Oct 5, 2026). Distance from the high says nothing about value: that is what the fair value of 72.97 TWD is for.
Which stocks are comparable to Paragon Technologies Co Ltd?
From the same area (Industrials) we also value GE Vernova Inc, SIE, Eaton Corporation, Parker-Hannifin Corporation, 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 Paragon Technologies Co Ltd stock attractive at the current price?
The data as of Oct 4, 2026: price 48.75 TWD, calculated fair value 72.97 TWD (+50%), Quality Score 27/100, from 1 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 3518 calculated?
We run Paragon Technologies Co Ltd through 1 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of 72.97 TWD, 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 15.0 % above its aggregate fair value. Paragon Technologies Co Ltd currently trades 33 % below its own fair value, and the market average says nothing about that. 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 Paragon Technologies Co Ltd (3518)?
The closing price on Oct 5, 2026 was 48.75 TWD. Our model-based fair value is 72.97 TWD, about +50% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Paragon Technologies Co Ltd right now?
The large discount to fair value meets weak quality (27/100). That raises the risk this is a value trap rather than a bargain. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. A fairly wide model range (48.11 TWD to 91.08 TWD) leaves room in how you read the outcome.
Key figures of Paragon Technologies Co Ltd
How large is the market capitalisation of Paragon Technologies Co Ltd (3518)?
The market capitalisation of Paragon Technologies Co Ltd is 6.1B TWD (≈ $193M). 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 Paragon Technologies Co Ltd (3518)?
The price-to-sales ratio of Paragon Technologies Co Ltd is 16.4 (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 Paragon Technologies Co Ltd (3518)?
Earnings per share at Paragon Technologies Co Ltd are 2.09 TWD (price ÷ EPS = P/E 23.3). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Paragon Technologies Co Ltd (3518)?
The net margin of Paragon Technologies Co Ltd is −46.7% (fiscal year 2025). 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 Paragon Technologies Co Ltd (3518)?
The return on equity (ROE) of Paragon Technologies Co Ltd is 14.6% (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 Paragon Technologies Co Ltd (3518)?
On an EBIT basis the return on assets of Paragon Technologies Co Ltd is −1.5% (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 Paragon Technologies Co Ltd (3518)?
The operating margin of Paragon Technologies Co Ltd is −111% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Paragon Technologies Co Ltd (3518)?
Revenue at Paragon Technologies Co Ltd is growing −36.8% versus a year earlier (3y avg −11.2%). 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 Paragon Technologies Co Ltd (3518)?
Earnings per share at Paragon Technologies Co Ltd are growing +2.3% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Paragon Technologies Co Ltd (3518) generate?
The free cash flow of Paragon Technologies Co Ltd is −713M 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 Paragon Technologies Co Ltd (3518) carry?
The net debt of Paragon Technologies Co Ltd is 281M 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.
Free · no account needed
Watch Paragon Technologies Co Ltd in the live analysis
One click puts Paragon Technologies Co Ltd on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
