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I Jang Industrial Co (8342) Fair Value & Analysis

Industrials · TW · Market cap 3.1B TWD

IJ I Jang Industrial Co 8342 · TWO
Price88.00 TWD
Fair Value96.38 TWD
Upside+9.5%
Quality66/100
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Weak Growth
Solidly profitable · 11.9% net margin
Low debt · generates free cash flow
5.46% dividend yield
Ranks above peers (9/14)
Moderate moat 58/100
Evidence: High Range 68.45 TWD – 126.85 TWD Share as image

Fair value as of: Jul 22, 2026

From 24 valuation models · updated 19 days ago

Share price −3.3% over the past month.

A solid business, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • A fairly wide model range (68.45 TWD to 126.85 TWD) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

94.00 TWD 41.03 TWD Fair Value 96.38 TWD Dec 2020 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 22, 2026.

How to read this chart

60‑month range 41.03 TWD – 94.00 TWD · fair‑value band 68.45 TWD – 126.85 TWD · the 88.00 TWD price screens below the 96.38 TWD fair value. Dashed = 300-day average. As of Jul 22, 2026.

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Analysis

I Jang Industrial Co (8342) currently trades at 88.00 TWD, while our model-based Fair Value estimate is 96.38 TWD, implying the stock looks roughly 9.5% fairly valued today. The Quality Score stands at 66/100 (solid 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, I Jang Industrial Co generated revenue of 1.6B TWD at a net margin of 11.9%. Revenue grew 1.4% year over year. It earns a return on equity of 17.4%. Net debt stands at 78.2M TWD. Fundamentals as of Jul 22, 2026

Our scenario range runs from 68.45 TWD (bear case) to 126.85 TWD (bull case); at 88.00 TWD, the current price sits within 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 7% below its 52-week high and 17% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -32% fair-value upside, at 10%, 8342 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 62.88 TWD 82.57 TWD 111.01 TWD 80
Residual Income 36.35 TWD 44.15 TWD 92.73 TWD 76
Rev-Margin DCF 58.90 TWD 85.56 TWD 115.56 TWD 74
All 24 models by family
DCF Models
FCF DCF 61.05 TWD 81.75 TWD 113.38 TWD 38
Owner Earnings 64.80 TWD 86.85 TWD 120.55 TWD 31
5Y Revenue Exit 58.90 TWD 84.64 TWD 118.32 TWD 39
5Y EBITDA Exit 66.22 TWD 97.31 TWD 134.16 TWD 41
5Y P/E Exit 75.83 TWD 113.93 TWD 154.32 TWD 38
10Y Revenue Exit 57.70 TWD 80.16 TWD 106.51 TWD 36
10Y EBITDA Exit 63.67 TWD 88.40 TWD 117.23 TWD 37
10Y P/E Exit 69.48 TWD 99.22 TWD 130.87 TWD 35
Earnings-Based
Graham-Dodd 40.59 TWD 78.44 TWD 97.98 TWD 54
EPV 51.69 TWD 59.30 TWD 65.86 TWD 59
Dividend Discount
Gordon GGM 43.91 TWD 60.06 TWD 76.01 TWD 70
DDM Multi-Stage 43.91 TWD 60.22 TWD 78.63 TWD 61
Multiples
P/E Multiple 94.02 TWD 125.35 TWD 156.69 TWD 63
P/S Multiple 73.43 TWD 97.91 TWD 122.39 TWD 58
P/B Multiple 76.11 TWD 101.48 TWD 126.85 TWD 55
EV/EBIT 84.97 TWD 112.12 TWD 139.27 TWD 53
EV/EBITDA 79.53 TWD 104.86 TWD 130.20 TWD 54
EV/Revenue 61.65 TWD 86.57 TWD 111.48 TWD 43
Asset-Based
NCAV (Graham) 15.88 TWD 21.28 TWD 31.76 TWD 50
Growth DCF
Growth DCF 62.88 TWD 82.57 TWD 111.01 TWD 80
Rev-Margin DCF 58.90 TWD 85.56 TWD 115.56 TWD 74
Economic Profit
Residual Income 36.35 TWD 44.15 TWD 92.73 TWD 76
ROIC Compounder 52.88 TWD 62.50 TWD 72.22 TWD 72
Growth Earnings
Growth-Adj P/E 67.55 TWD 96.51 TWD 125.46 TWD 68

Widest divergence: Multiples (101.48 TWD) versus Asset-Based (21.28 TWD). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 1.6B TWD
Revenue growth (YoY) +1.4%
Net margin 11.9%
Return on equity 17.4%
Free cash flow 197M TWD FY2025
P/E ratio 15.3
More key figures
Operating margin 12.7%
EPS (TTM) 5.96 TWD
Dividend yield 5.5%
EPS growth (YoY) -37.4%
Net debt 78.2M TWD FY2025

Figures from reported company fundamentals · as of Jul 22, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 66/100

Of which business quality 65 · Market factors (momentum, volatility) 61

Profitability 61
Margins and returns on capital today
Quality Growth 22
Are margins and returns improving?
Cashflow 60
Earnings quality: real cash, not paper profit
Fin. Strength 85
Balance sheet, leverage, solvency risk
Investment 80
Disciplined investing over empire-building
Low Volatility 94
Calm price path (market factor)
Momentum 44
Price trend over the last 3–12 months (market factor)
52W Momentum 54
Distance to the 52-week high (market factor)
Net Issuance 82
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

I Jang Industrial Co.,Ltd. manufactures and sells commercial storage equipment, and custom-made and household products in America, Asia and Europe.

Full company description

I Jang Industrial Co.,Ltd. manufactures and sells commercial storage equipment, and custom-made and household products in America, Asia and Europe. The company offers store display products, such as fruit, display, and flower racks; display, shopping basket, and mesh shop display stands; moving wire display rack; display tables; display mobile, display storage, and basket mobile rack; and wire rotary displays, as well as healthcare products comprising stainless steel cart, drive medical hamper stand, display and IV stand, storage rack, display, binder, mobile, and document cart, and hospital trolley. It also provides power stroll, commercial furniture, U boat, heavy duty wire carts, pallet storage shelf, moving storage rack systems, cylinder and cargo trolleys, trolley, tool, and tool storage carts, and metal pallets for logistics and warehouses; and kitchen waste recycling cart, wine rack, multifunction wagon, pizza and pan racks, stainless steel trolleys and storage racks, working carts, stainless steel work tables, and storage racks for food services and restaurants. In addition, the company offers stainless steel wire carts, security racks, and wire shelves. Further, it provides home furniture products, such as wagons, workbench, foldable trolley, wardrobe, clothes rack, heavy duty and corner shelving, slimline and other shelving, and magazine racks. I Jang Industrial Co.,Ltd. was founded in 1987 and is based in Changhua City, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

I Jang Industrial Co reported revenue of 1.6B TWD in FY2025 versus 1.6B TWD in FY2021, a compound −0.1%/yr. Reported net income was 200M TWD in FY2025, compounding +12.5%/yr from FY2021.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
1.6B TWD
Latest YoY
−5.9%
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.
−1.2%
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.
+0.9%
Avg. growth/yr (8Y) 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.
+1.3%
Revenue −0.1%/yr
FY21 1.6B TWD
FY22 1.7B TWD
FY23 1.4B TWD
FY24 1.7B TWD
FY25 1.6B TWD
Net income +12.5%/yr
FY21 125M TWD
FY22 219M TWD
FY23 158M TWD
FY24 256M TWD
FY25 200M TWD

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Cite: Fair Value Calculator (2026). "I Jang Industrial Co Fair Value". https://www.fairvalue-calculator.com/stock/8342

Peer Group

Business Equipment & Supplies · 72 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 66 · Top 25%
Fair Value upside +10% · Above median
Return on equity (TTM) 17% · Top 25%
Return on assets 7% · Top 25%
Net margin (TTM) 12% · Top 25%
Operating margin (TTM) 13% · Top 25%
Revenue growth 1% · Below median
Dividend yield (TTM) 5.5% · Top 25%
Debt / equity 0.15× · Higher than median

Valuation Multiples vs Business Equipment & Supplies median · lower = cheaper

P/E (TTM) 15.3× · Cheaper than median
P/B 2.87× · Pricier than 75% of peers
P/S (TTM) 1.86× · Pricier than median
P/FCF 0.5× · Cheaper than median
EV/EBITDA 11.7× · Pricier 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 46 · sector 33
FUTURE 7 · sector 18
PAST 70 · sector 21
HEALTH 92 · sector 99
DIVIDEND 100 · sector 52

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 Business Equipment & Supplies stocks, each showing price versus our Fair Value estimate (as of Jul 22, 2026).

Stock Price Fair Value vs Fair Value
Ricoh Company RICO ¥15.33 ¥17.99 +17%
GRG Banking Equipment Co 002152 ¥10.08 ¥6.90 -32%
Shanghai M&G Stationery Inc 603899 ¥21.45 ¥30.05 +40%
XGD Inc 300130 ¥19.90 ¥15.67 -21%
DOMS Industries Limited DOMS ₹2,260 ₹782.96 -65%
Hengbao Co 002104 ¥9.20 ¥1.66 -82%
Shaanxi Fenghuo Electronics Co 000561 ¥6.99 ¥1.75 -75%
Shenzhen Comix Group 002301 ¥7.30 ¥3.11 -57%
Shandong New Beiyang Information Technology Co 002376 ¥6.00 ¥1.73 -71%
Qingdao Hiron Commercial Cold Chain Co 603187 ¥11.92 ¥21.12 +77%

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Frequently asked questions

Is I Jang Industrial Co (8342) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of 96.38 TWD versus a price of 88.00 TWD, about +10% (fairly valued).
What is the fair value of 8342?
Our model-based fair value for I Jang Industrial Co is 96.38 TWD (as of Jul 22, 2026), built from audited fundamentals. The current price is 88.00 TWD.
What is the quality score of 8342?
I Jang Industrial Co has a Quality Score of 66/100. 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 I Jang Industrial Co (8342)?
I Jang Industrial Co reported trailing-twelve-month revenue of about 1.6B TWD (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 8342?
The net profit margin of I Jang Industrial Co is about 11.9%, meaning it keeps roughly 11.9% 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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