Looks like there`s been an error while trying to load this page.
Our team has been notified but please contact us using the email support widget if the problem persists.
| Metrics | Range | Conclusion |
|---|---|---|
| Selected LTM Ps Multiple | 1.6x - 1.7x | 1.7x |
| Selected Fwd Ps Multiple | 0.8x - 0.9x | 0.9x |
| Fair Value | NT$ 38.15 - NT$ 42.16 | NT$ 40.16 |
| Upside | -2.8% - 7.4% | 2.3% |
| Benchmarks | Ticker | Full Ticker |
|---|---|---|
| Acer Gaming Inc. | 690,800.0% | TPEX:6908 |
| Mister International Enterprise Corp. | 294,100.0% | TPEX:2941 |
| National Petroleum Co., Ltd. | 993,700.0% | TWSE:9937 |
| Formosa Optical Technology Co.,Ltd. | 531,200.0% | TPEX:5312 |
| Shan-Loong Transportation Co.,Ltd | 261,600.0% | TWSE:2616 |
| North-Star International Co., LTD. | 892,700.0% | TPEX:8927 |
| Select Price / LTM Sales Ratio | ||||||||
| Benchmark Companies | ||||||||
| 6908 | 2941 | 9937 | 5312 | 2616 | 8927 | |||
| TPEX:6908 | TPEX:2941 | TWSE:9937 | TPEX:5312 | TWSE:2616 | TPEX:8927 | |||
| Historical Sales Growth | ||||||||
| 5Y CAGR | NM- | 34.2% | 0.9% | 4.3% | -9.7% | 19.5% | ||
| 3Y CAGR | 50.0% | 31.4% | 4.3% | 10.9% | -16.8% | 31.4% | ||
| Latest Twelve Months | -8.9% | 14.9% | -4.2% | 0.2% | -44.9% | -13.0% | ||
| Historical Net Income Profit Margin | ||||||||
| 5 Year Average Margin | 1.7% | 8.4% | 3.4% | 9.9% | 0.1% | 3.4% | ||
| Prior Fiscal Year | 1.3% | 7.8% | 3.2% | 10.8% | 0.4% | 1.5% | ||
| Latest Fiscal Year | 1.1% | 6.1% | 3.1% | 12.5% | -4.3% | 3.8% | ||
| Latest Twelve Months | 1.1% | 5.0% | 3.1% | 10.4% | -10.5% | 0.9% | ||
| Current Trading Multiples | ||||||||
| EV / LTM EBITDA | 28.4x | 7.6x | 21.6x | 10.5x | -6.1x | 33.4x | ||
| Price / LTM Sales | 0.5x | 0.9x | 0.8x | 1.7x | 0.2x | 1.7x | ||
| LTM P/E Ratio | 47.1x | 18.1x | 26.3x | 16.5x | -2.2x | 193.7x | ||
| Low | Mid | High | ||||||
| Benchmark LTM P/S Ratio | 0.2x | 0.8x | 1.7x | |||||
| Historical LTM P/S Ratio | 0.8x | 1.5x | 2.3x | |||||
| Selected Price / Sales Multiple | 1.6x | 1.7x | 1.7x | |||||
| (x) LTM Sales | 10,114 | 10,114 | 10,114 | |||||
| (=) Equity Value | 16,004 | 16,846 | 17,689 | |||||
| (/) Shares Outstanding | 432.1 | 432.1 | 432.1 | |||||
| Implied Value Range | 37.04 | 38.99 | 40.94 | |||||
| FX Rate: TWD/TWD | 1.0 | 1.0 | 1.0 | Market Price | ||||
| Implied Value Range (Trading Cur) | 37.04 | 38.99 | 40.94 | 39.25 | ||||
| Upside / (Downside) | -5.6% | -0.7% | 4.3% | |||||
| Equity Value | |||||||
| Benchmark Companies | |||||||
| (in millions) | 6908 | 2941 | 9937 | 5312 | 2616 | 8927 | |
| Value of Common Equity | 2,240 | 800 | 19,068 | 6,787 | 1,944 | 16,960 | |
| (/) Shares Outstanding | 35.0 | 15.4 | 309.0 | 60.1 | 135.9 | 432.1 | |
| Implied Stock Price | 64.00 | 52.00 | 61.70 | 113.00 | 14.30 | 39.25 | |
| FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |
| Implied Stock Price (Trading Cur) | 64.00 | 52.00 | 61.70 | 113.00 | 14.30 | 39.25 | |
| Trading Currency | TWD | TWD | TWD | TWD | TWD | TWD | |
| FX Rate to Reporting Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |