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JG Environmental Technology Co (6723) Fair Value & Analysis

Industrials · TW · Market cap 1.1B TWD

JE JG Environmental Technology Co 6723 · TWO
Price31.15 TWD
Fair Value66.35 TWD
Upside+113.0%
Quality76/100
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Healthy Growth
Solidly profitable · 11.2% net margin
Low debt · generates free cash flow
Ranks above peers (12/13)
Wide moat 66/100
Evidence: High Range 45.01 TWD – 83.94 TWD Share as image

Fair value as of: Jul 23, 2026

From 25 valuation models · updated 18 days ago

Share price −18.1% over the past month.

A strong business, screening 113% undervalued on our models.

What matters now

  • The rarer combination: high quality (76/100) AND below fair value. That earns a closer look rather than a quick verdict.
  • The price is below even our cautious bear case (45.01 TWD). The market is more pessimistic than our downside scenario.
  • A fairly wide model range (45.01 TWD to 83.94 TWD) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

55.00 TWD 14.80 TWD Fair Value 66.35 TWD Feb 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 23, 2026.

How to read this chart

60‑month range 14.80 TWD – 55.00 TWD · fair‑value band 45.01 TWD – 83.94 TWD · the 31.15 TWD price screens below the 66.35 TWD fair value. Dashed = 300-day average. As of Jul 23, 2026.

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Analysis

JG Environmental Technology Co (6723) currently trades at 31.15 TWD, while our model-based Fair Value estimate is 66.35 TWD, implying the stock looks roughly 113.0% undervalued today. The Quality Score stands at 76/100 (high quality), in the Industrials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, JG Environmental Technology Co generated revenue of 1.0B TWD at a net margin of 11.2%. Revenue grew 17.3% year over year. It earns a return on equity of 25.0%. Net debt stands at 22.8M TWD. Fundamentals as of Jul 23, 2026

Our scenario range runs from 45.01 TWD (bear case) to 83.94 TWD (bull case); at 31.15 TWD, the current price sits below 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 46% below its 52-week high, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -48% fair-value upside, at 113%, 6723 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
Growth DCF 39.77 TWD 51.06 TWD 64.65 TWD 80
Residual Income 21.42 TWD 27.66 TWD 77.94 TWD 76
Rev-Margin DCF 43.46 TWD 64.22 TWD 86.94 TWD 74
All 25 models by family
DCF Models
FCF DCF 39.30 TWD 51.90 TWD 67.85 TWD 38
Owner Earnings 32.40 TWD 42.41 TWD 55.08 TWD 31
5Y Revenue Exit 43.46 TWD 63.96 TWD 89.43 TWD 39
5Y EBITDA Exit 45.77 TWD 68.13 TWD 93.33 TWD 41
5Y P/E Exit 50.71 TWD 77.02 TWD 103.63 TWD 38
10Y Revenue Exit 40.28 TWD 57.23 TWD 78.64 TWD 36
10Y EBITDA Exit 42.67 TWD 59.83 TWD 81.26 TWD 37
10Y P/E Exit 45.50 TWD 65.36 TWD 88.21 TWD 35
Earnings-Based
Graham-Dodd 26.07 TWD 67.09 TWD 87.37 TWD 54
PEG = 1.0 12.61 TWD 18.02 TWD 23.42 TWD 46
EPV 41.05 TWD 45.86 TWD 49.87 TWD 59
Dividend Discount
Gordon GGM 12.83 TWD 22.17 TWD 31.83 TWD 70
DDM Multi-Stage 12.83 TWD 18.51 TWD 23.81 TWD 61
Multiples
P/E Multiple 60.38 TWD 80.50 TWD 100.63 TWD 63
P/S Multiple 48.88 TWD 65.17 TWD 81.46 TWD 58
P/B Multiple 48.88 TWD 65.17 TWD 81.46 TWD 55
EV/EBIT 68.24 TWD 89.05 TWD 109.87 TWD 53
EV/EBITDA 56.60 TWD 73.54 TWD 90.48 TWD 54
EV/Revenue 49.03 TWD 67.56 TWD 86.09 TWD 43
Asset-Based
NCAV (Graham) 9.25 TWD 12.40 TWD 18.51 TWD 50
Growth DCF
Growth DCF 39.77 TWD 51.06 TWD 64.65 TWD 80
Rev-Margin DCF 43.46 TWD 64.22 TWD 86.94 TWD 74
Economic Profit
Residual Income 21.42 TWD 27.66 TWD 77.94 TWD 76
ROIC Compounder 42.39 TWD 48.98 TWD 55.54 TWD 72
Growth Earnings
Growth-Adj P/E 46.94 TWD 67.05 TWD 87.17 TWD 68

Widest divergence: Multiples (67.56 TWD) versus Asset-Based (12.40 TWD). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 1.0B TWD
Revenue growth (YoY) +17.3%
Net margin 11.2%
Return on equity 25.0%
Free cash flow 112M TWD FY2025
P/E ratio 9.6
More key figures
Operating margin 12.0%
EPS (TTM) 3.91 TWD
EPS growth (YoY) +94.2%
Net debt 22.8M TWD FY2024

Figures from reported company fundamentals · as of Jul 23, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 76/100

Of which business quality 74 · Market factors (momentum, volatility) 24

Profitability 69
Margins and returns on capital today
Quality Growth 80
Are margins and returns improving?
Cashflow 57
Earnings quality: real cash, not paper profit
Fin. Strength 93
Balance sheet, leverage, solvency risk
Investment 68
Disciplined investing over empire-building
Low Volatility 63
Calm price path (market factor)
Momentum 11
Price trend over the last 3–12 months (market factor)
52W Momentum 0
Distance to the 52-week high (market factor)
Net Issuance 75
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

JG Environmental Technology Co.,Ltd. designs, manufactures, and installs air pollution prevention systems and energy and resource recovery equipment.

Full company description

JG Environmental Technology Co.,Ltd. designs, manufactures, and installs air pollution prevention systems and energy and resource recovery equipment. The company provides air purification and energy saving solutions comprising volatile organic compound-containing gas treatment systems, organic solvent recovery equipment from waste gas, deodorization equipment for low-threshold gaseous molecular contamination, inorganic acidic/alkaline and toxic gas treatment systems, airborne molecular contamination treatment equipment, thermal oxidizers for waste gas, energy-saving equipment, and total maintenance solutions for the operation systems of high-tech plants. It also engages in the design and integration of automatic system control. JG Environmental Technology Co.,Ltd. was founded in 2006 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

JG Environmental Technology Co reported revenue of 1.0B TWD in FY2025 versus 642M TWD in FY2021, a compound +12.6%/yr. Reported net income was 115M TWD in FY2025.

Growth Quality 83/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
1.0B TWD
Latest YoY
+53.5%
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.
+23.0%
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.
+6.9%
Avg. growth/yr (10Y) 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.
+7.8%
Revenue +12.6%/yr
FY21 642M TWD
FY22 554M TWD
FY23 959M TWD
FY24 672M TWD
FY25 1.0B TWD
Net income
FY21 −6.4M TWD
FY22 27.8M TWD
FY23 72.1M TWD
FY24 23.9M TWD
FY25 115M TWD

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Cite: Fair Value Calculator (2026). "JG Environmental Technology Co Fair Value". https://www.fairvalue-calculator.com/stock/6723

Peer Group

Pollution & Treatment Controls · 91 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 76 · Top 25%
Fair Value upside +113% · Top 25%
Return on equity (TTM) 25% · Top 25%
Return on assets 11% · Top 25%
Net margin (TTM) 11% · Top 25%
Operating margin (TTM) 12% · Above median
Revenue growth 17% · Above median
Debt / equity 0.02× · Lower than median

Valuation Multiples vs Pollution & Treatment Controls median · lower = cheaper

P/E (TTM) 9.7× · Cheaper than 75% of peers
P/B 2.05× · Pricier than median
P/S (TTM) 1.11× · Cheaper than median
P/FCF 0.3× · Cheaper than 75% of peers
EV/EBITDA 6.3× · 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 100 · sector 0
FUTURE 87 · sector 14
PAST 100 · sector 10
HEALTH 99 · sector 95
DIVIDEND 0 · sector 37

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 Pollution & Treatment Controls stocks, each showing price versus our Fair Value estimate (as of Jul 23, 2026).

Stock Price Fair Value vs Fair Value
Veralto Corporation VLTO $94.21 $69.11 -27%
Zurn Elkay Water Solutions Corporation ZWS $47.63 $24.92 -48%
Canmax Technologies Co 300390 ¥57.02 ¥10.41 -82%
CECO Environmental Corp CECO $83.63 $15.19 -82%
Fujian Longking Co 600388 ¥17.58 ¥15.59 -11%
Munters Group MTRS kr 166.60 kr 16.90 -90%
China Conch Venture Holdings 0586 HK$8.83 HK$14.14 +60%
Mega Union Technology Inc 6944 1,005 TWD 539.58 TWD -46%
MayAir Technology (China) Co 688376 ¥96.57 ¥18.80 -81%
Shanghai Emperor of Cleaning Hi-Tech Co 603200 ¥38.97 ¥5.73 -85%

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Frequently asked questions

Is JG Environmental Technology Co (6723) overvalued or undervalued?
As of Jul 23, 2026, our model estimates a fair value of 66.35 TWD versus a price of 31.15 TWD, about +113% (undervalued).
What is the fair value of 6723?
Our model-based fair value for JG Environmental Technology Co is 66.35 TWD (as of Jul 23, 2026), built from audited fundamentals. The current price is 31.15 TWD.
What is the quality score of 6723?
JG Environmental Technology Co has a Quality Score of 76/100. 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 JG Environmental Technology Co (6723)?
JG Environmental Technology Co reported trailing-twelve-month revenue of about 1.0B TWD (latest available figure, as of Jul 23, 2026).
What is the net profit margin of 6723?
The net profit margin of JG Environmental Technology Co is about 11.2%, meaning it keeps roughly 11.2% 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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