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Jentech Precision Industrial Co (3653) Fair Value & Analysis

Technology · TW · Market cap 471B TWD

JP Jentech Precision Industrial Co 3653 · TW
Price4,380 TWD
Fair Value694.69 TWD
Upside-84.1%
Quality73/100
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Healthy Growth
Highly profitable · 25.5% net margin
Low debt · generates free cash flow
Mixed vs. peers (7/13)
Wide moat 91/100
Evidence: High Range 519.73 TWD – 1,166 TWD Share as image

Fair value as of: Jul 17, 2026

From 26 valuation models · updated 21 days ago

Share price +36.9% over the past month.

A solid business, but screening 84% overvalued on our models.

What matters now

  • A high-quality business (quality 73/100), yet the market already pays well above fair value. Quality at a full price, with little margin of safety.
  • The price sits above even our optimistic bull case (1,166 TWD). The favourable scenario is already priced in.
  • A fairly wide model range (519.73 TWD to 1,166 TWD) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

5,445 TWD 210.24 TWD Fair Value 694.69 TWD Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 17, 2026.

How to read this chart

60‑month range 210.24 TWD – 5,445 TWD · fair‑value band 519.73 TWD – 1,166 TWD · the 4,380 TWD price screens above the 694.69 TWD fair value. Dashed = 300-day average. As of Jul 17, 2026.

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Analysis

Jentech Precision Industrial Co (3653) currently trades at 4,380 TWD, while our model-based Fair Value estimate is 694.69 TWD, implying the stock looks roughly 84.1% overvalued today. We read business quality at 73/100 (solid 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: high).

Over the trailing twelve months, Jentech Precision Industrial Co generated revenue of 20.8B TWD at a net margin of 25.5%. Revenue grew 11.6% year over year. It earns a return on equity of 30.2%. The balance sheet holds a net cash position of 9.0B TWD. Fundamentals as of Jul 17, 2026

Our scenario range runs from 519.73 TWD (bear case) to 1,166 TWD (bull case); at 4,380 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 last reported earnings sit well below what analysts expect (earnings in transition, for example after write-downs or an earnings dip); whether the stock is cheap or expensive hinges on the expected recovery actually arriving. Read the fair value with that caveat. The share trades about 23% below its 52-week high and 246% 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 -84%, 3653 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 BearBaseBull Evidence
Highest evidence
Growth DCF 435.69 TWD 856.76 TWD 1,666 TWD 80
Residual Income 248.05 TWD 324.17 TWD 1,590 TWD 76
Rev-Margin DCF 351.16 TWD 603.24 TWD 966.92 TWD 74
All 26 models by family
DCF Models
FCF DCF 448.77 TWD 764.78 TWD 1,637 TWD 38
Owner Earnings 573.11 TWD 1,194 TWD 2,496 TWD 31
5Y Revenue Exit 351.16 TWD 601.45 TWD 996.06 TWD 39
5Y EBITDA Exit 502.20 TWD 938.61 TWD 1,588 TWD 41
5Y P/E Exit 547.45 TWD 1,065 TWD 1,716 TWD 38
10Y Revenue Exit 369.13 TWD 648.61 TWD 1,061 TWD 36
10Y EBITDA Exit 486.19 TWD 925.10 TWD 1,698 TWD 37
10Y P/E Exit 518.29 TWD 1,008 TWD 1,820 TWD 35
Earnings-Based
Graham-Dodd 244.56 TWD 1,566 TWD 2,189 TWD 54
Lynch FV 453.40 TWD 647.72 TWD 842.04 TWD 50
PEG = 1.0 453.40 TWD 647.72 TWD 842.04 TWD 46
EPV 416.74 TWD 479.30 TWD 534.90 TWD 59
Dividend Discount
Gordon GGM 135.85 TWD 296.59 TWD 499.03 TWD 70
DDM Multi-Stage 135.85 TWD 242.96 TWD 309.10 TWD 61
Multiples
P/E Multiple 539.47 TWD 719.29 TWD 899.11 TWD 63
P/S Multiple 259.09 TWD 345.45 TWD 431.81 TWD 58
P/B Multiple 350.19 TWD 466.92 TWD 583.65 TWD 55
EV/EBIT 660.10 TWD 859.39 TWD 1,059 TWD 53
EV/EBITDA 537.09 TWD 695.38 TWD 853.66 TWD 54
EV/Revenue 304.07 TWD 407.70 TWD 511.34 TWD 43
Asset-Based
NCAV (Graham) 77.82 TWD 104.28 TWD 155.64 TWD 50
Growth DCF
Growth DCF 435.69 TWD 856.76 TWD 1,666 TWD 80
Rev-Margin DCF 351.16 TWD 603.24 TWD 966.92 TWD 74
Economic Profit
Residual Income 248.05 TWD 324.17 TWD 1,590 TWD 76
ROIC Compounder 483.45 TWD 648.99 TWD 872.31 TWD 72
Growth Earnings
Growth-Adj P/E 627.60 TWD 896.57 TWD 1,166 TWD 68

Widest divergence: DCF Models (925.10 TWD) versus Asset-Based (104.28 TWD). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 20.8B TWD
Revenue growth (YoY) +11.6%
Net margin 25.5%
Return on equity 30.2%
Free cash flow 3.6B TWD FY2025
P/E ratio 89.2
More key figures
Operating margin 32.0%
EPS (TTM) 35.99 TWD
EPS growth (YoY) -0.4%
Net cash 9.0B TWD FY2025

Figures from reported company fundamentals · as of Jul 17, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 73/100

Of which business quality 71 · Market factors (momentum, volatility) 71

Profitability 77
Margins and returns on capital today
Quality Growth 66
Are margins and returns improving?
Cashflow 63
Earnings quality: real cash, not paper profit
Fin. Strength 100
Balance sheet, leverage, solvency risk
Investment 26
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 76
Price trend over the last 3–12 months (market factor)
52W Momentum 85
Distance to the 52-week high (market factor)
Net Issuance 71
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

Jentech Precision Industrial Co., Ltd, together with its subsidiaries, manufactures, processes, and trades in precision tooling, and electronic parts and components in Taiwan and China.

Full company description

Jentech Precision Industrial Co., Ltd, together with its subsidiaries, manufactures, processes, and trades in precision tooling, and electronic parts and components in Taiwan and China. The company offers thermal heat spreaders, semiconductor lead frames and injection molding, peripheral device and stamping parts, and communication connectors; air and liquid cooling, and MCU cooler modules; carriers, bolsters, and base plates; stiffeners and vapor chamber lids; power modules, spacers, pin fin heat sinks, and battery cooling management systems; battery and ECU cold plates; LED lead frames; and EMI shielding, frame backlight and panel, connectors, and machined solutions. It also provides metal parts for electrical appliances, electronics, and computers; hardware machinery and its parts; and optoelectronic and automotive materials, as well as engages in metal forging and surface treatment processing activities. The company serves the semiconductor automotive, consumer electronics, telecommunication, and medical devices industries. Jentech Precision Industrial Co., Ltd was incorporated in 1987 and is headquartered in Taoyuan City, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Jentech Precision Industrial Co reported revenue of 20.3B TWD in FY2025 versus 8.8B TWD in FY2021, a compound +23.2%/yr. Reported net income was 5.3B TWD in FY2025, compounding +44.9%/yr from FY2021.

Growth Quality 100/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
20.3B TWD
Latest YoY
+42.0%
Avg. growth/yr (3Y)
+19.0%
Avg. growth/yr (5Y)
+24.3%
Avg. growth/yr (17Y)
+13.2%
Revenue +23.2%/yr
FY21 8.8B TWD
FY22 12.0B TWD
FY23 12.1B TWD
FY24 14.3B TWD
FY25 20.3B TWD
Net income +44.9%/yr
FY21 1.2B TWD
FY22 2.6B TWD
FY23 2.3B TWD
FY24 3.4B TWD
FY25 5.3B TWD

3653 screens 84% overvalued. Compare with Delta Electronics, Inc →

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Cite: Fair Value Calculator (2026). "Jentech Precision Industrial Co Fair Value". https://www.fairvalue-calculator.com/stock/3653

Peer Group

Electronic Components · 626 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 73 · Top 25%
Fair Value upside −84% · Bottom 25%
Return on equity (TTM) 30% · Top 25%
Return on assets 16% · Top 25%
Net margin (TTM) 25% · Top 25%
Operating margin (TTM) 32% · Top 25%
Revenue growth 12% · Above median

Valuation Multiples vs Electronic Components median · lower = cheaper

P/E (TTM) 89.2× · Pricier than 75% of peers
P/B 20.62× · Pricier than 75% of peers
P/S (TTM) 22.61× · Pricier than 75% of peers
P/FCF 4.1× · Pricier than median
EV/EBITDA 64.7× · 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 0 · sector 0
FUTURE 58 · sector 32
PAST 100 · sector 24
HEALTH 100 · sector 95
DIVIDEND 0 · sector 24

VALUE 0: the price sits above our fair-value range.

Insider activity: 45/100

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 17, 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 Jentech Precision Industrial Co (3653) overvalued or undervalued?
As of Jul 17, 2026, our model estimates a fair value of 694.69 TWD versus a price of 4,380 TWD, about −84% (overvalued).
What is the fair value of 3653?
Our model-based fair value for Jentech Precision Industrial Co is 694.69 TWD (as of Jul 17, 2026), built from audited fundamentals. The current price is 4,380 TWD.
What is the quality score of 3653?
Jentech Precision Industrial Co has a Quality Score of 73/100. It combines two groups: business quality (profitability, growth, cash flow, balance-sheet strength) and market factors (price momentum, distance to the 52-week high, volatility). Both subtotals are shown separately in the detail view.
What is the revenue of Jentech Precision Industrial Co (3653)?
Jentech Precision Industrial Co reported trailing-twelve-month revenue of about 20.8B TWD (latest available figure, as of Jul 17, 2026).
What is the net profit margin of 3653?
The net profit margin of Jentech Precision Industrial Co is about 25.5%, meaning it keeps roughly 25.5% 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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