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Super Dragon Technology Co Ltd (9955) Fair Value & Analysis

Industrials · TW · Market cap 2.5B TWD

SD Super Dragon Technology Co Ltd 9955 · TW
Price24.55 TWD
Fair Value9.08 TWD
Upside-63.0%
Quality52/100
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Weak Growth
Thin margins · 4.4% net margin
Moderate debt · negative free cash flow
Trails peers (4/13)
Narrow moat 31/100
Evidence: Medium Range 6.85 TWD – 9.08 TWD Share as image

Fair value as of: Aug 13, 2026

From 9 valuation models · updated 3 days ago

Fair value updated Aug 13, 2026, revised from 9.14 TWD to 9.08 TWD (−0.7%) since Jul 23, 2026. Share price −2.2% over the past month.

A solid business, but screening 63% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (9.08 TWD). The favourable scenario is already priced in.
  • Solid but not exceptional quality (52/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

40.55 TWD 16.10 TWD Fair Value 9.08 TWD Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range 16.10 TWD – 40.55 TWD · fair‑value band 6.85 TWD – 9.08 TWD · the 24.55 TWD price screens above the 9.08 TWD fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Super Dragon Technology Co Ltd (9955) currently trades at 24.55 TWD, while our model-based Fair Value estimate is 9.08 TWD, implying the stock looks roughly 63.0% overvalued today. The Quality Score stands at 52/100 (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: medium).

Over the trailing twelve months, Super Dragon Technology Co Ltd generated revenue of 1.5B TWD at a net margin of 3.7%. Revenue grew 52.9% year over year. It earns a return on equity of 4.7%. Net debt stands at 1.4B TWD. Fundamentals as of Aug 13, 2026

Our scenario range runs from 6.85 TWD (bear case) to 9.08 TWD (bull case); at 24.55 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 41% below its 52-week high, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -31% fair-value upside, at -63%, 9955 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 8.87 TWD 8.90 TWD 8.21 TWD 76
Gordon GGM 2.60 TWD 2.84 TWD 3.19 TWD 70
Growth-Adj P/E 4.88 TWD 6.98 TWD 9.07 TWD 68
All 9 models by family
Earnings-Based
Graham-Dodd 3.66 TWD 4.47 TWD 5.03 TWD 54
Dividend Discount
Gordon GGM 2.60 TWD 2.84 TWD 3.19 TWD 70
DDM Multi-Stage 2.60 TWD 3.22 TWD 4.05 TWD 61
Multiples
P/E Multiple 6.85 TWD 9.14 TWD 11.42 TWD 63
P/S Multiple 6.85 TWD 9.14 TWD 11.42 TWD 58
P/B Multiple 6.85 TWD 9.14 TWD 11.42 TWD 55
Asset-Based
NCAV (Graham) 5.92 TWD 7.93 TWD 11.83 TWD 50
Economic Profit
Residual Income 8.87 TWD 8.90 TWD 8.21 TWD 76
Growth Earnings
Growth-Adj P/E 4.88 TWD 6.98 TWD 9.07 TWD 68

Widest divergence: Multiples (9.14 TWD) versus Dividend Discount (2.84 TWD). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 1.7B TWD
Revenue growth (YoY) +62.9%
Net margin 4.4%
Return on equity 6.1%
Free cash flow −172M TWD FY2025
P/E ratio 45.5
More key figures
Operating margin 5.9%
EPS (TTM) 0.5400 TWD
EPS growth (YoY) +171%
Net debt 1.4B TWD FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 52/100

Of which business quality 46 · Market factors (momentum, volatility) 32

Profitability 24
Margins and returns on capital today
Quality Growth 99
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 30
Balance sheet, leverage, solvency risk
Investment 96
Disciplined investing over empire-building
Low Volatility 71
Calm price path (market factor)
Momentum 18
Price trend over the last 3–12 months (market factor)
52W Momentum 12
Distance to the 52-week high (market factor)
Net Issuance 78
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

Super Dragon Technology Co., Ltd. engages in sales and OEM refinement of precious metals of gold, silver, and platinum in Taiwan.

Full company description

Super Dragon Technology Co., Ltd. engages in sales and OEM refinement of precious metals of gold, silver, and platinum in Taiwan. It provides mixed waste hardware services for copper powder, aluminum powder, iron and tin; solid and liquid hazardous industrial waste disposal and treatment services; complete destruction and treatment services for high-end packaging and highly confidential products; gold for industrial purposes; semiconductor industry tools and parts cleaning; circular ad recycling of eco-friendly products and recycled material applications; circular economic disposal and treatment complete solutions; solar power generation and energy storage services; and green internet data center leasing and management services. The company was formerly known as Super Dragon Engineering Co., Ltd. and changed its name to Super Dragon Technology Co., Ltd. in November 1999. The company was incorporated in 1996 and is based in Taoyuan City, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Super Dragon Technology Co Ltd reported revenue of 1.5B TWD in FY2025 versus 1.5B TWD in FY2021, a compound +0.4%/yr. Reported net income was 56.1M TWD in FY2025.

Growth Quality 20/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
1.5B TWD
Latest YoY
+26.1%
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.
+9.1%
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.
−12.9%
Avg. growth/yr (23Y) 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.
+5.2%
Revenue +0.4%/yr
FY21 1.5B TWD
FY22 1.2B TWD
FY23 1.1B TWD
FY24 1.2B TWD
FY25 1.5B TWD
Net income
FY21 −112M TWD
FY22 −119M TWD
FY23 −81.7M TWD
FY24 −163M TWD
FY25 56.1M TWD

9955 screens 63% overvalued. Compare with Veralto Corporation →

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Cite: Fair Value Calculator (2026). "Super Dragon Technology Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/9955

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 52 · Above median
Fair Value upside −63% · Bottom 25%
Return on equity (TTM) 6% · Above median
Return on assets 0% · Below median
Net margin (TTM) 4% · Above median
Operating margin (TTM) 6% · Below median
Revenue growth 63% · Top 25%
Dividend yield (TTM) 1.1% · Below median
Debt / equity 1.08× · Higher than 75% of peers

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

P/E (TTM) 45.5× · Pricier than 75% of peers
P/B 2.05× · Pricier than median
P/S (TTM) 1.51× · Pricier than median
EV/EBITDA 48.7× · 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 7
PAST 24 · sector 16
HEALTH 46 · sector 95
DIVIDEND 22 · sector 43

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 Pollution & Treatment Controls stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Veralto Corporation VLTO $97.97 $67.62 -31%
Zurn Elkay Water Solutions Corporation ZWS $51.02 $24.92 -51%
Canmax Technologies Co 300390 ¥64.05 ¥10.07 -84%
CECO Environmental Corp CECO $79.59 $15.19 -81%
Fujian Longking Co 600388 ¥18.10 ¥15.59 -14%
Munters Group MTRS kr 183.90 kr 48.58 -74%
China Conch Venture Holdings 0586 HK$8.69 HK$10.70 +23%
Mega Union Technology Inc 6944 747.00 TWD 539.58 TWD -28%
MayAir Technology (China) Co 688376 ¥71.82 ¥18.80 -74%
Jingjin Equipment Inc 603279 ¥12.75 ¥18.97 +49%

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Frequently asked questions

Is Super Dragon Technology Co Ltd (9955) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 9.08 TWD versus a price of 24.55 TWD, about −63% (overvalued).
What is the fair value of 9955?
Our model-based fair value for Super Dragon Technology Co Ltd is 9.08 TWD (as of Aug 13, 2026), built from audited fundamentals. The current price is 24.55 TWD.
What is the quality score of 9955?
Super Dragon Technology Co Ltd has a Quality Score of 52/100. 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 Super Dragon Technology Co Ltd (9955)?
Super Dragon Technology Co Ltd reported trailing-twelve-month revenue of about 1.5B TWD (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 9955?
The net profit margin of Super Dragon Technology Co Ltd is about 3.7%, meaning it keeps roughly 3.7% 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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