Protec Valuation

Q: What is the Fair Price of A053610 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

A053610 (₩24800) is trading below our estimate of [[fair value]] (₩72391.36)

Is A053610 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of A053610 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: A053610 (₩24800) is trading below our estimate of fair value (₩72391.36)

Significantly Below Fair Value: A053610 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for A053610?

Key metric: As A053610 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for A053610. This is calculated by dividing A053610's market cap by their current earnings.
What is A053610's PE Ratio?
PE Ratio	10.4x
Earnings	₩21.39b
Market Cap	₩219.60b

A053610 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	0.8x
Enterprise Value/EBITDA	5.1x
PEG Ratio	0.4x

Price to Earnings Ratio vs Peers

How does A053610's PE Ratio compare to its peers?

The above table shows the PE ratio for A053610 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	12.4x
A265520 Advanced Process Systems	3.8x	13.5%	₩243.6b
A039440 STI	11.6x	46.5%	₩237.6b
A071280 Rorze Systems	27.8x	68.4%	₩215.8b
A083450 Global Standard Technology	6.3x	n/a	₩274.0b
A053610 Protec	10.4x	25.6%	₩219.6b

Price-To-Earnings vs Peers: A053610 is good value based on its Price-To-Earnings Ratio (10.4x) compared to the peer average (12.4x).

Price to Earnings Ratio vs Industry

How does A053610's PE Ratio compare vs other companies in the KR Semiconductor Industry?

3 Companies	Price / Earnings	Estimated Growth	Market Cap
A108230 TOPTEC	2x	n/a	US$114.73m
A054620 APS	1.5x	-1.2%	US$77.45m
A136510 Smart Solutions	0.2x	n/a	US$2.65m

No more companies available in this PE range

3 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: A053610 is good value based on its Price-To-Earnings Ratio (10.4x) compared to the KR Semiconductor industry average (14.2x).

Price to Earnings Ratio vs Fair Ratio

What is A053610's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

A053610 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	10.4x
Fair PE Ratio	13.5x

Price-To-Earnings vs Fair Ratio: A053610 is good value based on its Price-To-Earnings Ratio (10.4x) compared to the estimated Fair Price-To-Earnings Ratio (13.5x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.

Discover undervalued companies

APS

₩108.5b

Manufactures and sells semiconductor and LCD equipment in South Korea.

A054620

₩5,850.00

2.1%

-10.6%

LB Semicon

₩147.3b

Provides flip-chip wafer bumping technology solutions in South Korea.

A061970

₩3,415.00

-0.6%

-49.3%

Advanced Process Systems

₩243.6b

Develops and sells semiconductors and display manufacturing equipment primarily in South Korea, China, and Vietnam.

A265520

₩16,290.00

-19.0%