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Hon. Precision, Inc (7769) Fair Value & Analysis

Technology · TW · Market cap 1.1T TWD

HP Hon. Precision, Inc 7769 · TW
Price6,320 TWD
Fair Value1,804 TWD
Upside-71.5%
Quality69/100
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Healthy Growth
Highly profitable · 41.1% net margin
Low debt · generates free cash flow
0.88% dividend yield
Ranks above peers (9/14)
Wide moat 92/100
Evidence: High Range 1,427 TWD – 3,413 TWD Share as image

Fair value as of: Jul 20, 2026

From 26 valuation models · updated 18 days ago

Fair value updated Jul 20, 2026, revised from 1,374 TWD to 1,804 TWD (+31.3%) since Jul 12, 2026. Share price +4.4% over the past month.

A solid business, but screening 71% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (3,413 TWD). The favourable scenario is already priced in.
  • Solid but not exceptional quality (69/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (1,427 TWD to 3,413 TWD) leaves room in how you read the outcome.
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Price vs Fair Value (9 months)

8,260 TWD 2,385 TWD Fair Value 1,804 TWD Nov 2025 Aug 2026

White line = price, green steps = our fair value per fiscal year. As of Jul 20, 2026.

How to read this chart

9‑month range 2,385 TWD – 8,260 TWD · fair‑value band 1,427 TWD – 3,413 TWD · the 6,320 TWD price screens above the 1,804 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Jul 20, 2026.

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Analysis

Hon. Precision, Inc (7769) currently trades at 6,320 TWD, while our model-based Fair Value estimate is 1,804 TWD, implying the stock looks roughly 71.5% overvalued today. We read business quality at 69/100 (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, Hon. Precision, Inc generated revenue of 35.1B TWD at a net margin of 41.1%. Revenue grew 81.4% year over year. It earns a return on equity of 36.5%. The balance sheet holds a net cash position of 53.4B TWD. Fundamentals as of Jul 20, 2026

Our scenario range runs from 1,427 TWD (bear case) to 3,413 TWD (bull case); at 6,320 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 25% below its 52-week high and 185% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at -80% fair-value upside, at -71%, 7769 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 BearBaseBull Evidence
Highest evidence
Growth DCF 1,784 TWD 3,397 TWD 6,105 TWD 80
Residual Income 485.46 TWD 650.27 TWD 3,413 TWD 76
Rev-Margin DCF 1,012 TWD 1,420 TWD 2,236 TWD 74
All 26 models by family
DCF Models
FCF DCF 1,875 TWD 2,841 TWD 6,002 TWD 38
Owner Earnings 1,420 TWD 2,929 TWD 6,237 TWD 31
5Y Revenue Exit 953.24 TWD 1,276 TWD 1,940 TWD 39
5Y EBITDA Exit 1,340 TWD 2,059 TWD 3,466 TWD 41
5Y P/E Exit 1,506 TWD 2,908 TWD 4,805 TWD 38
10Y Revenue Exit 1,209 TWD 1,937 TWD 2,284 TWD 36
10Y EBITDA Exit 1,512 TWD 2,790 TWD 4,948 TWD 37
10Y P/E Exit 1,635 TWD 3,155 TWD 5,617 TWD 35
Earnings-Based
Graham-Dodd 467.18 TWD 3,258 TWD 4,572 TWD 54
Lynch FV 1,683 TWD 2,405 TWD 3,126 TWD 50
PEG = 1.0 1,683 TWD 2,405 TWD 3,126 TWD 46
EPV 951.33 TWD 1,067 TWD 1,169 TWD 59
Dividend Discount
Gordon GGM 194.38 TWD 424.37 TWD 714.01 TWD 70
DDM Multi-Stage 194.38 TWD 347.62 TWD 442.26 TWD 61
Multiples
P/E Multiple 1,031 TWD 1,374 TWD 1,718 TWD 63
P/S Multiple 315.44 TWD 420.59 TWD 525.74 TWD 58
P/B Multiple 725.67 TWD 967.56 TWD 1,209 TWD 55
EV/EBIT 1,422 TWD 1,797 TWD 2,172 TWD 53
EV/EBITDA 1,113 TWD 1,385 TWD 1,658 TWD 54
EV/Revenue 591.34 TWD 717.52 TWD 843.70 TWD 43
Asset-Based
NCAV (Graham) 161.26 TWD 216.09 TWD 322.52 TWD 50
Growth DCF
Growth DCF 1,784 TWD 3,397 TWD 6,105 TWD 80
Rev-Margin DCF 1,012 TWD 1,420 TWD 2,236 TWD 74
Economic Profit
Residual Income 485.46 TWD 650.27 TWD 3,413 TWD 76
ROIC Compounder 992.31 TWD 1,177 TWD 1,382 TWD 72
Growth Earnings
Growth-Adj P/E 2,169 TWD 3,099 TWD 4,028 TWD 68

Widest divergence: Growth Earnings (3,099 TWD) versus Asset-Based (216.09 TWD). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 35.1B TWD
Revenue growth (YoY) +81.4%
Net margin 41.1%
Return on equity 36.5%
Free cash flow 15.9B TWD FY2025
P/E ratio 79.8
More key figures
Operating margin 50.0%
EPS (TTM) 75.27 TWD
Dividend yield 0.9%
EPS growth (YoY) +62.1%
Net cash 53.4B TWD FY2025

Figures from reported company fundamentals · as of Jul 20, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 69/100

Of which business quality 73 · Market factors (momentum, volatility) 58

Profitability 67
Margins and returns on capital today
Quality Growth 48
Are margins and returns improving?
Cashflow 89
Earnings quality: real cash, not paper profit
Fin. Strength 100
Balance sheet, leverage, solvency risk
Investment 33
Disciplined investing over empire-building
Low Volatility 0
Calm price path (market factor)
Momentum 83
Price trend over the last 3–12 months (market factor)
52W Momentum 83
Distance to the 52-week high (market factor)
Net Issuance 72
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

Hon. Precision, Inc. engages in the manufacture and sale of machinery and related components, automatic control equipment engineering, and machinery installations in Taiwan.

Full company description

Hon. Precision, Inc. engages in the manufacture and sale of machinery and related components, automatic control equipment engineering, and machinery installations in Taiwan. The company provides automated test sorting machines and related visual AOI/AI computing processing, normal/high/low temperature control, down force, bar code, network, communication, and database products. It also offers handlers, such as the final test, system-level test, flash test, dynamic random access memory test, automatic optical inspection, and micro-electro-mechanical systems test handler; temperature control solution; laboratory development equipment; and burn-in ovens. The company was founded in 1999 and is headquartered in Taichung, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Hon. Precision, Inc reported revenue of 30.3B TWD in FY2025 versus 444M TWD in FY2021, a compound +187.4%/yr. Reported net income was 12.4B TWD in FY2025, compounding +222.3%/yr from FY2021.

Growth Quality 100/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
30.3B TWD
Latest YoY
+116.3%
Avg. growth/yr (3Y)
+31.0%
Revenue +187.4%/yr
FY21 444M TWD
FY22 13.5B TWD
FY23 9.5B TWD
FY24 14.0B TWD
FY25 30.3B TWD
Net income +222.3%/yr
FY21 115M TWD
FY22 4.4B TWD
FY23 3.1B TWD
FY24 5.3B TWD
FY25 12.4B TWD

7769 screens 71% overvalued. Compare with ASML Holding →

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Cite: Fair Value Calculator (2026). "Hon. Precision, Inc Fair Value". https://www.fairvalue-calculator.com/stock/7769

Peer Group

Semiconductor Equipment & Materials · 208 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 69 · Top 25%
Fair Value upside −72% · Below median
Return on equity (TTM) 36% · Top 25%
Return on assets 20% · Top 25%
Net margin (TTM) 41% · Top 25%
Operating margin (TTM) 50% · Top 25%
Revenue growth 81% · Top 25%
Dividend yield (TTM) 0.9% · Above median

Valuation Multiples vs Semiconductor Equipment & Materials median · lower = cheaper

P/E (TTM) 79.8× · Pricier than median
P/B 18.62× · Pricier than 75% of peers
P/S (TTM) 30.80× · Pricier than 75% of peers
P/FCF 2.1× · Cheaper than median
EV/EBITDA 59.3× · 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 58
PAST 100 · sector 30
HEALTH 100 · sector 96
DIVIDEND 18 · sector 17

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 Semiconductor Equipment & Materials stocks, each showing price versus our Fair Value estimate (as of Jul 20, 2026).

Stock Price Fair Value vs Fair Value
ASML Holding ASML C$50.50 C$15.57 -69%
Applied Materials, Inc AMAT $579.43 $143.08 -75%
Lam Research Corporation LRCX $346.10 $67.57 -80%
KLA Corporation KLAC $212.75 $53.01 -75%
NAURA Technology Group 002371 ¥774.20 ¥151.43 -80%
Advanced Micro-Fabrication Equipment Inc 688012 ¥350.69 ¥41.79 -88%
Piotech Inc 688072 ¥832.00 ¥431.44 -48%
Hangzhou Changchuan Technology Co 300604 ¥325.24 ¥33.33 -90%
MPI Corporation 6223 5,600 TWD 609.44 TWD -89%
HANMI Semiconductor Co 042700 222,000 KRW 38,794 KRW -83%

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Frequently asked questions

Is Hon. Precision, Inc (7769) overvalued or undervalued?
As of Jul 20, 2026, our model estimates a fair value of 1,804 TWD versus a price of 6,320 TWD, about −71% (overvalued).
What is the fair value of 7769?
Our model-based fair value for Hon. Precision, Inc is 1,804 TWD (as of Jul 20, 2026), built from audited fundamentals. The current price is 6,320 TWD.
What is the quality score of 7769?
Hon. Precision, Inc has a Quality Score of 69/100. 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 Hon. Precision, Inc (7769)?
Hon. Precision, Inc reported trailing-twelve-month revenue of about 35.1B TWD (latest available figure, as of Jul 20, 2026).
What is the net profit margin of 7769?
The net profit margin of Hon. Precision, Inc is about 41.1%, meaning it keeps roughly 41.1% of revenue as net income. Based on the latest reported figures.
Does Hon. Precision, Inc pay a dividend?
Hon. Precision, Inc currently shows a dividend yield of about 0.88% relative to its recent price (as of Jul 20, 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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