Wellysun Inc.

TWSE:6988 Stock Report

Market Cap: NT$1.1b

Wellysun Valuation

Is 6988 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 6988 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 6988 (NT$23.05) is trading below our estimate of fair value (NT$305.48)

Significantly Below Fair Value: 6988 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 6988?

Key metric: As 6988 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 6988. This is calculated by dividing 6988's market cap by their current earnings.
What is 6988's PE Ratio?
PE Ratio148.6x
EarningsNT$7.58m
Market CapNT$1.13b

Price to Earnings Ratio vs Peers

How does 6988's PE Ratio compare to its peers?

The above table shows the PE ratio for 6988 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average109.5x
5276 Da Hui
109.7xn/aNT$888.8m
4502 Jian Sin Industrial
137.7xn/aNT$1.4b
8107 Tayih Kenmos Auto parts
168.6xn/aNT$1.7b
2235 I Yuan Precision Industrial
21.9xn/aNT$1.7b
6988 Wellysun
148.6xn/aNT$1.1b

Price-To-Earnings vs Peers: 6988 is expensive based on its Price-To-Earnings Ratio (148.6x) compared to the peer average (109.5x).

Price to Earnings Ratio vs Industry

How does 6988's PE Ratio compare vs other companies in the TW Auto Components Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
6988 148.6xIndustry Avg. 17.2xNo. of Companies12PE01224364860+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 6988 is expensive based on its Price-To-Earnings Ratio (148.6x) compared to the TW Auto Components industry average (17.2x).

Price to Earnings Ratio vs Fair Ratio

What is 6988'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.

6988 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio148.6x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 6988'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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