Tradetool Auto Co., Ltd.

TPEX:3685 Stock Report

Market Cap: NT$1.4b

Tradetool Auto Valuation

Is 3685 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 3685 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 3685 (NT$17.15) is trading below our estimate of fair value (NT$256.63)

Significantly Below Fair Value: 3685 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 3685?

Key metric: As 3685 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 3685. This is calculated by dividing 3685's market cap by their current revenue.
What is 3685's PS Ratio?
PS Ratio1.1x
SalesNT$1.27b
Market CapNT$1.36b

Price to Sales Ratio vs Peers

How does 3685's PS Ratio compare to its peers?

The above table shows the PS ratio for 3685 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average1.2x
4502 Jian Sin Industrial
1xn/aNT$1.5b
6988 Wellysun
1.4xn/aNT$1.1b
2243 HORNG SHIUE HOLDING
0.7xn/aNT$1.3b
8107 Tayih Kenmos Auto parts
1.9xn/aNT$1.6b
3685 Tradetool Auto
1.1xn/aNT$1.4b

Price-To-Sales vs Peers: 3685 is good value based on its Price-To-Sales Ratio (1.1x) compared to the peer average (1.2x).

Price to Sales Ratio vs Industry

How does 3685's PS Ratio compare vs other companies in the TW Auto Components Industry?

1 CompanyPrice / SalesEstimated GrowthMarket Cap
2239 Cayman Engley Industrial
0.2xn/aUS$142.68m
No more companies available in this PS range
3685 1.1xIndustry Avg. 1.7xNo. of Companies10PS012345+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 3685 is good value based on its Price-To-Sales Ratio (1.1x) compared to the TW Auto Components industry average (1.8x).

Price to Sales Ratio vs Fair Ratio

What is 3685's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

3685 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1.1x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 3685's Price-To-Sales Fair Ratio for valuation analysis.

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.

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