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Dufu Technology Corp (7233) Fair Value & Analysis

Industrials · MY · Market cap 1.2B MYR

DT Dufu Technology Corp 7233 · KLSE
Price2.90 MYR
Fair Value0.9600 MYR
Upside-66.9%
Quality76/100
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Weak Growth
Solidly profitable · 10.0% net margin
Low debt · generates free cash flow
1.52% dividend yield
Ranks above peers (9/14)
Moderate moat 57/100
Evidence: High Range 0.7500 MYR – 1.18 MYR Share as image

Fair value as of: Jul 14, 2026

From 26 valuation models · updated 27 days ago

Share price +25.5% over the past month.

A strong business, but screening 67% overvalued on our models.

What matters now

  • A high-quality business (quality 76/100), 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 (1.18 MYR). The favourable scenario is already priced in.
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Price vs Fair Value (5 years)

4.20 MYR 0.8888 MYR Fair Value 0.9600 MYR Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 14, 2026.

How to read this chart

60‑month range 0.8888 MYR – 4.20 MYR · fair‑value band 0.7500 MYR – 1.18 MYR · the 2.90 MYR price screens above the 0.9600 MYR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 14, 2026.

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Analysis

Dufu Technology Corp (7233) currently trades at 2.90 MYR, while our model-based Fair Value estimate is 0.9600 MYR, implying the stock looks roughly 66.9% overvalued today. The Quality Score stands at 76/100 (high 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, Dufu Technology Corp generated revenue of 286M MYR at a net margin of 10.0%. Revenue grew 14.1% year over year. It earns a return on equity of 8.1%. The balance sheet holds a net cash position of 59.8M MYR. Fundamentals as of Jul 14, 2026

Our scenario range runs from 0.7500 MYR (bear case) to 1.18 MYR (bull case); at 2.90 MYR, 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 near its 52-week high and 175% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -72% fair-value upside, at -67%, 7233 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 1.03 MYR 1.36 MYR 1.77 MYR 80
Residual Income 0.5200 MYR 0.5500 MYR 0.5800 MYR 76
Rev-Margin DCF 0.7500 MYR 1.02 MYR 1.33 MYR 74
All 26 models by family
DCF Models
FCF DCF 1.02 MYR 1.40 MYR 1.89 MYR 38
Owner Earnings 0.7100 MYR 0.9600 MYR 1.28 MYR 31
5Y Revenue Exit 0.7500 MYR 1.01 MYR 1.33 MYR 39
5Y EBITDA Exit 0.8600 MYR 1.21 MYR 1.61 MYR 41
5Y P/E Exit 0.9300 MYR 1.34 MYR 1.76 MYR 38
10Y Revenue Exit 0.8400 MYR 1.09 MYR 1.40 MYR 36
10Y EBITDA Exit 0.9200 MYR 1.22 MYR 1.59 MYR 37
10Y P/E Exit 0.9600 MYR 1.30 MYR 1.70 MYR 35
Earnings-Based
Graham-Dodd 0.3600 MYR 1.06 MYR 1.40 MYR 54
Lynch FV 0.2200 MYR 0.3200 MYR 0.4100 MYR 50
PEG = 1.0 0.2200 MYR 0.3200 MYR 0.4100 MYR 46
EPV 0.4800 MYR 0.5300 MYR 0.5700 MYR 59
Dividend Discount
Gordon GGM 0.2700 MYR 0.4900 MYR 0.6700 MYR 70
DDM Multi-Stage 0.2700 MYR 0.4100 MYR 0.5200 MYR 61
Multiples
P/E Multiple 0.8300 MYR 1.11 MYR 1.38 MYR 63
P/S Multiple 0.6700 MYR 0.8900 MYR 1.12 MYR 58
P/B Multiple 0.6700 MYR 0.8900 MYR 1.12 MYR 55
EV/EBIT 0.7800 MYR 0.9900 MYR 1.20 MYR 53
EV/EBITDA 0.8300 MYR 1.07 MYR 1.30 MYR 54
EV/Revenue 0.5900 MYR 0.7900 MYR 0.9900 MYR 43
Asset-Based
NCAV (Graham) 0.3300 MYR 0.4400 MYR 0.6500 MYR 50
Growth DCF
Growth DCF 1.03 MYR 1.36 MYR 1.77 MYR 80
Rev-Margin DCF 0.7500 MYR 1.02 MYR 1.33 MYR 74
Economic Profit
Residual Income 0.5200 MYR 0.5500 MYR 0.5800 MYR 76
ROIC Compounder 0.4800 MYR 0.5300 MYR 0.5700 MYR 72
Growth Earnings
Growth-Adj P/E 0.6700 MYR 0.9600 MYR 1.25 MYR 68

Widest divergence: DCF Models (1.21 MYR) versus Earnings-Based (0.3200 MYR). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 286M MYR
Revenue growth (YoY) +14.1%
Net margin 10.0%
Return on equity 8.1%
Free cash flow 50.7M MYR FY2025
P/E ratio 45.0
More key figures
Operating margin 13.8%
EPS (TTM) 0.0500 MYR
Dividend yield 1.5%
EPS growth (YoY) +7.7%
Net cash 59.8M MYR FY2025

Figures from reported company fundamentals · as of Jul 14, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 76/100

Of which business quality 74 · Market factors (momentum, volatility) 80

Profitability 41
Margins and returns on capital today
Quality Growth 52
Are margins and returns improving?
Cashflow 85
Earnings quality: real cash, not paper profit
Fin. Strength 95
Balance sheet, leverage, solvency risk
Investment 95
Disciplined investing over empire-building
Low Volatility 33
Calm price path (market factor)
Momentum 100
Price trend over the last 3–12 months (market factor)
52W Momentum 100
Distance to the 52-week high (market factor)
Net Issuance 80
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

Dufu Technology Corp. Berhad, an investment holding company, engages in the manufacture and sale of industrial products. The company designs, develops, manufactures, assembles, and trades in die components and precision machining of vice, computer peripherals, and parts for hard disk drives.

Full company description

Dufu Technology Corp. Berhad, an investment holding company, engages in the manufacture and sale of industrial products. The company designs, develops, manufactures, assembles, and trades in die components and precision machining of vice, computer peripherals, and parts for hard disk drives. It also manufactures and trades in optics, magnetism drivers, and parts; and processes and trades in computer disk-drive-related components. In addition, the company engages in metal precision manufacturing, as well as processing of parts, such as metal components for the electronics industry, air conditioning compressor accessories, auto parts, etc. Further, it designs, develops, manufactures, fabricates, assembles, and trades in precision steel moulds, metal products and steel parts, medical industry's chairs and instrument tables, etc. Additionally, the company trades and deals in automation and fabrication of semiconductors and semiconductor devices and accessories, as well as offers marketing and engineering support services. It serves various industries, including hard disk drives, industry safety and sensors, telecommunications, consumer electronics, automotive, and office and medical equipment. The company operates in Malaysia, China, Singapore, Thailand, and internationally. Dufu Technology Corp. Berhad was founded in 1987 and is headquartered in Penang, Malaysia.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Dufu Technology Corp reported revenue of 277M MYR in FY2025 versus 353M MYR in FY2021, a compound −5.9%/yr. Reported net income was 28.1M MYR in FY2025, compounding −21.4%/yr from FY2021.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
277M MYR
Latest YoY
+6.7%
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.
−3.1%
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.
−1.5%
Avg. growth/yr (19Y) 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.
+6.1%
Revenue −5.9%/yr
FY21 353M MYR
FY22 304M MYR
FY23 228M MYR
FY24 260M MYR
FY25 277M MYR
Net income −21.4%/yr
FY21 73.7M MYR
FY22 67.0M MYR
FY23 24.3M MYR
FY24 22.6M MYR
FY25 28.1M MYR
Character of growth · EPS growth decomposed (2014-2025) +6.4 % p.a.
Revenue per share +5.6 pp

of which total revenue +5.2 pp · buybacks/dilution +0.4 pp

EBIT margin −1.0 pp
Tax rate +0.5 pp
Residual (interest, one-offs) +1.3 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

7233 screens 67% overvalued. Compare with Carpenter Technology Corporation →

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Cite: Fair Value Calculator (2026). "Dufu Technology Corp Fair Value". https://www.fairvalue-calculator.com/stock/7233

Peer Group

Metal Fabrication · 244 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 −67% · Bottom 25%
Return on equity (TTM) 8% · Above median
Return on assets 18% · Top 25%
Net margin (TTM) 10% · Top 25%
Operating margin (TTM) 14% · Top 25%
Revenue growth 14% · Above median
Dividend yield (TTM) 1.5% · Above median
Debt / equity 0.11× · Higher than median

Valuation Multiples vs Metal Fabrication median · lower = cheaper

P/E (TTM) 45.0× · Pricier than median
P/B 0.84× · Cheaper than median
P/S (TTM) 1.03× · Pricier than median
P/FCF 5.8× · Pricier than median
EV/EBITDA 1.6× · 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 0 · sector 0
FUTURE 71 · sector 36
PAST 32 · sector 21
HEALTH 94 · sector 95
DIVIDEND 30 · sector 25

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.

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Frequently asked questions

Is Dufu Technology Corp (7233) overvalued or undervalued?
As of Jul 14, 2026, our model estimates a fair value of 0.9600 MYR versus a price of 2.90 MYR, about −67% (overvalued).
What is the fair value of 7233?
Our model-based fair value for Dufu Technology Corp is 0.9600 MYR (as of Jul 14, 2026), built from audited fundamentals. The current price is 2.90 MYR.
What is the quality score of 7233?
Dufu Technology Corp 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 Dufu Technology Corp (7233)?
Dufu Technology Corp reported trailing-twelve-month revenue of about 286M MYR (latest available figure, as of Jul 14, 2026).
What is the net profit margin of 7233?
The net profit margin of Dufu Technology Corp is about 10.0%, meaning it keeps roughly 10.0% of revenue as net income. Based on the latest reported figures.
Does Dufu Technology Corp pay a dividend?
Dufu Technology Corp currently shows a dividend yield of about 1.88% relative to its recent price (as of Jul 14, 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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