Sanyang Motor Co., Ltd.

TWSE:2206 Stock Report

Market Cap: NT$57.3b

Sanyang Motor Valuation

Is 2206 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • 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 2206 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 2206 (NT$70.8) is trading above our estimate of fair value (NT$47.9)

Significantly Below Fair Value: 2206 is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 2206?

Key metric: As 2206 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 2206. This is calculated by dividing 2206's market cap by their current earnings.
What is 2206's PE Ratio?
PE Ratio10.9x
EarningsNT$5.12b
Market CapNT$57.27b

Price to Earnings Ratio vs Peers

How does 2206's PE Ratio compare to its peers?

The above table shows the PE ratio for 2206 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average47.4x
2204 China Motor
9.7xn/aNT$40.5b
1599 Aeon MotorLtd
145.8xn/aNT$2.4b
2201 Yulon Motor
13.6xn/aNT$59.5b
2227 Yulon Nissan Motor
20.5xn/aNT$27.3b
2206 Sanyang Motor
10.9xn/aNT$57.3b

Price-To-Earnings vs Peers: 2206 is good value based on its Price-To-Earnings Ratio (10.9x) compared to the peer average (47.4x).


Price to Earnings Ratio vs Industry

How does 2206's PE Ratio compare vs other companies in the Asian Auto Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
2206 10.9xIndustry Avg. 17.9xNo. of Companies10PE01224364860+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 2206 is good value based on its Price-To-Earnings Ratio (10.9x) compared to the Asian Auto industry average (17.9x).


Price to Earnings Ratio vs Fair Ratio

What is 2206'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.

2206 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio10.9x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 2206's Price-To-Earnings 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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