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Jentech Precision Industrial Co (3653) Fair Value & Analysis

Technology · TW · Market cap 471B TWD

JP Jentech Precision Industrial Co 3653 · TW
Price4,855 TWD
Fair Value938.20 TWD
Upside-80.7%
Quality72/100
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Healthy Growth
Highly profitable · 25.5% net margin
Low debt · generates free cash flow
Mixed vs. peers (7/13)
Wide moat 91/100
Evidence: High Range 591.72 TWD – 1,369 TWD Share as image

Fair value as of: Aug 13, 2026

From 26 valuation models · updated yesterday

Fair value updated Aug 13, 2026, revised from 694.69 TWD to 938.20 TWD (+35.1%) since Jul 17, 2026. Share price +48.0% over the past month.

A solid business, but screening 81% overvalued on our models.

What matters now

  • A high-quality business (quality 72/100), 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 (1,369 TWD). The favourable scenario is already priced in.
  • A fairly wide model range (591.72 TWD to 1,369 TWD) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

5,445 TWD 210.24 TWD Fair Value 938.20 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 210.24 TWD – 5,445 TWD · fair‑value band 591.72 TWD – 1,369 TWD · the 4,855 TWD price screens above the 938.20 TWD fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Jentech Precision Industrial Co (3653) currently trades at 4,855 TWD, while our model-based Fair Value estimate is 938.20 TWD, implying the stock looks roughly 80.7% overvalued today. The Quality Score stands at 72/100 (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, Jentech Precision Industrial Co generated revenue of 20.8B TWD at a net margin of 25.5%. Revenue grew 11.6% year over year. It earns a return on equity of 30.2%. The balance sheet holds a net cash position of 9.0B TWD. Fundamentals as of Aug 13, 2026

Our scenario range runs from 591.72 TWD (bear case) to 1,369 TWD (bull case); at 4,855 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 last reported earnings sit well below what analysts expect (earnings in transition, for example after write-downs or an earnings dip); whether the stock is cheap or expensive hinges on the expected recovery actually arriving. Read the fair value with that caveat. The share trades about 15% below its 52-week high and 284% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at -67% fair-value upside, at -81%, 3653 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.

Note: the current price implies far more future growth than the conservative anchors of our models allow (base growth is deliberately capped, we do not regard such extreme rates as sustainable). Our models are not designed for expectations this high; that is why the individual models scatter extremely (104.28 TWD to 1,566 TWD). Read the values as a conservative anchor, not as a price target.
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 435.69 TWD 856.76 TWD 1,666 TWD 80
Residual Income 248.05 TWD 324.17 TWD 1,590 TWD 76
Rev-Margin DCF 472.06 TWD 869.60 TWD 1,444 TWD 74
All 26 models by family
DCF Models
FCF DCF 448.77 TWD 764.78 TWD 1,637 TWD 38
Owner Earnings 573.11 TWD 1,194 TWD 2,496 TWD 31
5Y Revenue Exit 472.06 TWD 871.32 TWD 1,510 TWD 39
5Y EBITDA Exit 630.06 TWD 1,224 TWD 2,112 TWD 41
5Y P/E Exit 698.52 TWD 1,411 TWD 2,312 TWD 38
10Y Revenue Exit 448.31 TWD 869.92 TWD 1,512 TWD 36
10Y EBITDA Exit 576.90 TWD 1,159 TWD 2,197 TWD 37
10Y P/E Exit 625.47 TWD 1,284 TWD 2,388 TWD 35
Earnings-Based
Graham-Dodd 244.56 TWD 1,566 TWD 2,189 TWD 54
Lynch FV 453.40 TWD 647.72 TWD 842.04 TWD 50
PEG = 1.0 453.40 TWD 647.72 TWD 842.04 TWD 46
EPV 416.74 TWD 479.30 TWD 534.90 TWD 59
Dividend Discount
Gordon GGM 135.85 TWD 296.59 TWD 499.03 TWD 70
DDM Multi-Stage 135.85 TWD 242.96 TWD 309.10 TWD 61
Multiples
P/E Multiple 755.25 TWD 1,007 TWD 1,259 TWD 63
P/S Multiple 458.55 TWD 611.40 TWD 764.24 TWD 58
P/B Multiple 458.55 TWD 611.40 TWD 764.24 TWD 55
EV/EBIT 859.39 TWD 1,125 TWD 1,391 TWD 53
EV/EBITDA 719.73 TWD 938.89 TWD 1,158 TWD 54
EV/Revenue 465.25 TWD 637.96 TWD 810.67 TWD 43
Asset-Based
NCAV (Graham) 77.82 TWD 104.28 TWD 155.64 TWD 50
Growth DCF
Growth DCF 435.69 TWD 856.76 TWD 1,666 TWD 80
Rev-Margin DCF 472.06 TWD 869.60 TWD 1,444 TWD 74
Economic Profit
Residual Income 248.05 TWD 324.17 TWD 1,590 TWD 76
ROIC Compounder 483.45 TWD 648.99 TWD 872.31 TWD 72
Growth Earnings
Growth-Adj P/E 737.18 TWD 1,053 TWD 1,369 TWD 68

Widest divergence: DCF Models (1,159 TWD) versus Asset-Based (104.28 TWD). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 20.8B TWD
Revenue growth (YoY) +11.6%
Net margin 25.5%
Return on equity 30.2%
Free cash flow 3.6B TWD FY2025
P/E ratio 134.9
More key figures
Operating margin 32.0%
EPS (TTM) 35.99 TWD
EPS growth (YoY) -0.4%
Net cash 9.0B TWD FY2025

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

Quality Score breakdown

Overall quality 72/100

Of which business quality 71 · Market factors (momentum, volatility) 81

Profitability 77
Margins and returns on capital today
Quality Growth 66
Are margins and returns improving?
Cashflow 63
Earnings quality: real cash, not paper profit
Fin. Strength 100
Balance sheet, leverage, solvency risk
Investment 26
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 97
Price trend over the last 3–12 months (market factor)
52W Momentum 91
Distance to the 52-week high (market factor)
Net Issuance 71
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

Jentech Precision Industrial Co., Ltd, together with its subsidiaries, manufactures, processes, and trades in precision tooling, and electronic parts and components in Taiwan and China.

Full company description

Jentech Precision Industrial Co., Ltd, together with its subsidiaries, manufactures, processes, and trades in precision tooling, and electronic parts and components in Taiwan and China. The company offers thermal heat spreaders, semiconductor lead frames and injection molding, peripheral device and stamping parts, and communication connectors; air and liquid cooling, and MCU cooler modules; carriers, bolsters, and base plates; stiffeners and vapor chamber lids; power modules, spacers, pin fin heat sinks, and battery cooling management systems; battery and ECU cold plates; LED lead frames; and EMI shielding, frame backlight and panel, connectors, and machined solutions. It also provides metal parts for electrical appliances, electronics, and computers; hardware machinery and its parts; and optoelectronic and automotive materials, as well as engages in metal forging and surface treatment processing activities. The company serves the semiconductor automotive, consumer electronics, telecommunication, and medical devices industries. Jentech Precision Industrial Co., Ltd was incorporated in 1987 and is headquartered in Taoyuan City, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Jentech Precision Industrial Co reported revenue of 20.3B TWD in FY2025 versus 8.8B TWD in FY2021, a compound +23.2%/yr. Reported net income was 5.3B TWD in FY2025, compounding +44.9%/yr from FY2021.

Growth Quality 100/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
20.3B TWD
Latest YoY
+42.0%
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.
+19.0%
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.
+24.3%
Avg. growth/yr (17Y) 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.
+13.2%
Revenue +23.2%/yr
FY21 8.8B TWD
FY22 12.0B TWD
FY23 12.1B TWD
FY24 14.3B TWD
FY25 20.3B TWD
Net income +44.9%/yr
FY21 1.2B TWD
FY22 2.6B TWD
FY23 2.3B TWD
FY24 3.4B TWD
FY25 5.3B TWD
Character of growth · EPS growth decomposed (2014-2025) +29.6 % p.a.
Revenue per share +15.6 pp

of which total revenue +18.1 pp · buybacks/dilution −2.6 pp

EBIT margin +15.2 pp
Tax rate −0.5 pp
Residual (interest, one-offs) −0.7 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).

3653 screens 81% overvalued. Compare with Delta Electronics, Inc →

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Cite: Fair Value Calculator (2026). "Jentech Precision Industrial Co Fair Value". https://www.fairvalue-calculator.com/stock/3653

Peer Group

Electronic Components · 647 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 72 · Top 25%
Fair Value upside −81% · Bottom 25%
Return on equity (TTM) 30% · Top 25%
Return on assets 16% · Top 25%
Net margin (TTM) 25% · Top 25%
Operating margin (TTM) 32% · Top 25%
Revenue growth 12% · Above median

Valuation Multiples vs Electronic Components median · lower = cheaper

P/E (TTM) 134.9× · Pricier than 75% of peers
P/B 20.62× · Pricier than 75% of peers
P/S (TTM) 22.61× · Pricier than 75% of peers
P/FCF 4.1× · Pricier than median
EV/EBITDA 64.7× · 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 58 · sector 36
PAST 100 · sector 24
HEALTH 100 · sector 95
DIVIDEND 0 · sector 24

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

Insider activity: 45/100

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 Electronic Components stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Delta Electronics, Inc 2308 1,790 TWD 602.37 TWD -66%
Luxshare Precision Industry Co 002475 ¥56.06 ¥38.44 -31%
Samsung Electro-Mechanics Co 009150 1,503,000 KRW 172,954 KRW -88%
Suzhou Dongshan Precision Manufacturing Co 002384 ¥202.11 ¥21.19 -90%
Shengyi Technology Co 600183 ¥143.23 ¥36.30 -75%
Shennan Circuits Co 002916 ¥385.80 ¥125.52 -67%
Victory Giant Technology (HuiZhou) Co 2476 HK$238.60 HK$75.68 -68%
Kingboard Laminates Holdings 1888 HK$38.70 HK$8.95 -77%
Asia Vital Components Co 3017 2,910 TWD 1,369 TWD -53%
Nan Ya Printed Circuit Board Corporation 8046 1,215 TWD 1,768 TWD +46%

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Frequently asked questions

Is Jentech Precision Industrial Co (3653) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 938.20 TWD versus a price of 4,855 TWD, about −81% (overvalued).
What is the fair value of 3653?
Our model-based fair value for Jentech Precision Industrial Co is 938.20 TWD (as of Aug 13, 2026), built from audited fundamentals. The current price is 4,855 TWD.
What is the quality score of 3653?
Jentech Precision Industrial Co has a Quality Score of 72/100. 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 Jentech Precision Industrial Co (3653)?
Jentech Precision Industrial Co reported trailing-twelve-month revenue of about 20.8B TWD (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 3653?
The net profit margin of Jentech Precision Industrial Co is about 25.5%, meaning it keeps roughly 25.5% 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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