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ChenFull Precision Co (6829) Fair Value & Analysis

Industrials · TW · Market cap 11.7B TWD

CP ChenFull Precision Co 6829 · TWO
Price200.00 TWD
Fair Value79.60 TWD
Upside-60.2%
Quality55/100
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Weak Growth
Solidly profitable · 12.4% net margin
Low debt · negative free cash flow
1.65% dividend yield
Mixed vs. peers (7/13)
Moderate moat 56/100
Evidence: High Range 58.29 TWD – 100.91 TWD Share as image

Fair value as of: Jul 23, 2026

From 16 valuation models · updated 18 days ago

Share price −9.9% over the past month.

A solid business, but screening 60% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (100.91 TWD). The favourable scenario is already priced in.
  • Solid but not exceptional quality (55/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

273.33 TWD 56.37 TWD Fair Value 79.60 TWD Sep 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

58‑month range 56.37 TWD – 273.33 TWD · fair‑value band 58.29 TWD – 100.91 TWD · the 200.00 TWD price screens above the 79.60 TWD fair value. Dashed = 300-day average. As of Jul 23, 2026.

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Analysis

ChenFull Precision Co (6829) currently trades at 200.00 TWD, while our model-based Fair Value estimate is 79.60 TWD, implying the stock looks roughly 60.2% overvalued today. The Quality Score stands at 55/100 (solid quality), in the Industrials 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, ChenFull Precision Co generated revenue of 2.0B TWD at a net margin of 12.4%. Revenue grew 41.6% year over year. It earns a return on equity of 12.0%. Net debt stands at 334M TWD. Fundamentals as of Jul 23, 2026

Our scenario range runs from 58.29 TWD (bear case) to 100.91 TWD (bull case); at 200.00 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 30% below its 52-week high and 92% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -48% fair-value upside, at -60%, 6829 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 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
Residual Income 30.59 TWD 35.42 TWD 58.76 TWD 76
ROIC Compounder 46.77 TWD 68.44 TWD 85.64 TWD 72
Gordon GGM 45.91 TWD 95.45 TWD 151.43 TWD 70
All 16 models by family
Earnings-Based
Graham-Dodd 26.88 TWD 187.43 TWD 263.03 TWD 54
Lynch FV 56.22 TWD 80.31 TWD 104.41 TWD 50
PEG = 1.0 56.22 TWD 80.31 TWD 104.41 TWD 46
EPV 40.45 TWD 47.21 TWD 53.12 TWD 59
Dividend Discount
Gordon GGM 45.91 TWD 95.45 TWD 151.43 TWD 70
DDM Multi-Stage 45.91 TWD 80.49 TWD 100.18 TWD 61
Multiples
P/E Multiple 62.25 TWD 83.00 TWD 103.75 TWD 63
P/S Multiple 46.18 TWD 61.57 TWD 76.97 TWD 58
P/B Multiple 50.39 TWD 67.19 TWD 83.99 TWD 55
EV/EBIT 63.87 TWD 85.18 TWD 106.49 TWD 53
EV/EBITDA 67.89 TWD 90.54 TWD 113.19 TWD 54
EV/Revenue 38.72 TWD 55.35 TWD 71.97 TWD 43
Asset-Based
NCAV (Graham) 16.40 TWD 21.97 TWD 32.79 TWD 50
Economic Profit
Residual Income 30.59 TWD 35.42 TWD 58.76 TWD 76
ROIC Compounder 46.77 TWD 68.44 TWD 85.64 TWD 72
Growth Earnings
Growth-Adj P/E 76.53 TWD 109.34 TWD 142.14 TWD 68

Widest divergence: Growth Earnings (109.34 TWD) versus Asset-Based (21.97 TWD). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 2.0B TWD
Revenue growth (YoY) +41.6%
Net margin 12.4%
Return on equity 12.0%
Free cash flow −118M TWD FY2025
P/E ratio 50.5
More key figures
Operating margin 17.6%
EPS (TTM) 3.94 TWD
Dividend yield 1.8%
EPS growth (YoY) +17.6%
Net debt 334M TWD FY2025

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

Quality Score breakdown

Overall quality 55/100

Of which business quality 53 · Market factors (momentum, volatility) 62

Profitability 46
Margins and returns on capital today
Quality Growth 30
Are margins and returns improving?
Cashflow 29
Earnings quality: real cash, not paper profit
Fin. Strength 81
Balance sheet, leverage, solvency risk
Investment 56
Disciplined investing over empire-building
Low Volatility 28
Calm price path (market factor)
Momentum 76
Price trend over the last 3–12 months (market factor)
52W Momentum 77
Distance to the 52-week high (market factor)
Net Issuance 81
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

ChenFull Precision Co., Ltd. manufactures, processes, and trades precision molds and aviation equipment in Taiwan and internationally.

Full company description

ChenFull Precision Co., Ltd. manufactures, processes, and trades precision molds and aviation equipment in Taiwan and internationally. The company offers parts and components for optoelectronic and semiconductor equipment industry, including cooling and heating plates, electrode plates, diffuser backing plates, transfer producer chambers, load lock chambers, adapter plates, process chamber lids, and top and bottom plates. It also provides components of commercial aircraft engines and structure parts. The company was founded in 1976 and is based in Taichung, Taiwan. ChenFull Precision Co., Ltd. operates as a subsidiary of Chen Full International Co., Ltd.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

ChenFull Precision Co reported revenue of 1.8B TWD in FY2025 versus 1.7B TWD in FY2021, a compound +1.6%/yr. Reported net income was 234M TWD in FY2025, compounding −2.3%/yr from FY2021.

Growth Quality 22/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
1.8B TWD
Latest YoY
+19.9%
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.
+0.7%
Avg. growth/yr (6Y) 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.
+0.6%
Revenue +1.6%/yr
FY21 1.7B TWD
FY22 1.8B TWD
FY23 1.4B TWD
FY24 1.5B TWD
FY25 1.8B TWD
Net income −2.3%/yr
FY21 256M TWD
FY22 355M TWD
FY23 208M TWD
FY24 335M TWD
FY25 234M TWD

6829 screens 60% overvalued. Compare with GE Vernova Inc →

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Cite: Fair Value Calculator (2026). "ChenFull Precision Co Fair Value". https://www.fairvalue-calculator.com/stock/6829

Peer Group

Specialty Industrial Machinery · 808 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 55 · Above median
Fair Value upside −60% · Below median
Return on equity (TTM) 12% · Above median
Return on assets 6% · Top 25%
Net margin (TTM) 12% · Top 25%
Operating margin (TTM) 18% · Top 25%
Revenue growth 42% · Top 25%
Dividend yield (TTM) 1.7% · Above median
Debt / equity 0.13× · Higher than median

Valuation Multiples vs Specialty Industrial Machinery median · lower = cheaper

P/E (TTM) 50.0× · Pricier than median
P/B 6.01× · Pricier than 75% of peers
P/S (TTM) 5.83× · Pricier than 75% of peers
EV/EBITDA 28.5× · 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 100 · sector 23
PAST 48 · sector 28
HEALTH 94 · sector 96
DIVIDEND 33 · sector 24

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

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 Specialty Industrial Machinery stocks, each showing price versus our Fair Value estimate (as of Jul 23, 2026).

Stock Price Fair Value vs Fair Value
GE Vernova Inc 1GEV €887.60 €186.93 -79%
1SIE 1SIE €273.20 €91.93 -66%
SMNS SMNS C$31.76 C$22.68 -29%
Eaton Corporation ETN $407.28 $171.92 -58%
Atlas Copco AB ATCOA kr 195.15 kr 112.59 -42%
Sandvik AB SAND kr 384.10 kr 193.01 -50%
Doosan Enerbility Co 034020 76,400 KRW 7,938 KRW -90%
Vestas Wind Systems A/S VWS kr 178.10 kr 124.54 -30%
Zhejiang Sanhua Intelligent Controls Co 002050 ¥43.20 ¥22.68 -48%
NARI Technology Co 600406 ¥22.19 ¥18.71 -16%

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Frequently asked questions

Is ChenFull Precision Co (6829) overvalued or undervalued?
As of Jul 23, 2026, our model estimates a fair value of 79.60 TWD versus a price of 200.00 TWD, about −60% (overvalued).
What is the fair value of 6829?
Our model-based fair value for ChenFull Precision Co is 79.60 TWD (as of Jul 23, 2026), built from audited fundamentals. The current price is 200.00 TWD.
What is the quality score of 6829?
ChenFull Precision Co has a Quality Score of 55/100. 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 ChenFull Precision Co (6829)?
ChenFull Precision Co reported trailing-twelve-month revenue of about 2.0B TWD (latest available figure, as of Jul 23, 2026).
What is the net profit margin of 6829?
The net profit margin of ChenFull Precision Co is about 12.4%, meaning it keeps roughly 12.4% of revenue as net income. Based on the latest reported figures.
Does ChenFull Precision Co pay a dividend?
ChenFull Precision Co currently shows a dividend yield of about 1.84% relative to its recent price (as of Jul 23, 2026).

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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