Feng Ching Metal Corporation

TPEX:2061 Stock Report

Market Cap: NT$949.2m

Feng Ching Metal Valuation

Is 2061 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-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 2061 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 2061's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 2061's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 2061?

Key metric: As 2061 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 2061. This is calculated by dividing 2061's market cap by their current revenue.
What is 2061's PS Ratio?
PS Ratio0.9x
SalesNT$1.08b
Market CapNT$949.23m

Price to Sales Ratio vs Peers

How does 2061's PS Ratio compare to its peers?

The above table shows the PS ratio for 2061 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average4.1x
3043 Powercom
1.8xn/aNT$1.3b
6109 Atech OEM
1.2xn/aNT$915.6m
8115 Dee Van Enterprise
0.6xn/aNT$1.0b
3308 Bestec Power Electronics
12.8xn/aNT$1.6b
2061 Feng Ching Metal
0.9xn/aNT$949.2m

Price-To-Sales vs Peers: 2061 is good value based on its Price-To-Sales Ratio (0.9x) compared to the peer average (4.1x).

Price to Sales Ratio vs Industry

How does 2061's PS Ratio compare vs other companies in the TW Electrical Industry?

0 CompaniesPrice / SalesEstimated GrowthMarket Cap
No more companies available in this PS range
2061 0.9xIndustry Avg. 1.7xNo. of Companies14PS01.22.43.64.86+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 2061 is good value based on its Price-To-Sales Ratio (0.9x) compared to the TW Electrical industry average (1.7x).

Price to Sales Ratio vs Fair Ratio

What is 2061'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.

2061 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.9x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 2061'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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