Ablerex Electronics Co., Ltd.

TPEX:3628 Stock Report

Market Cap: NT$2.2b

Ablerex Electronics Valuation

Is 3628 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • 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 3628 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 3628 (NT$47) is trading above our estimate of fair value (NT$14.83)

Significantly Below Fair Value: 3628 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 3628?

Key metric: As 3628 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 3628. This is calculated by dividing 3628's market cap by their current earnings.
What is 3628's PE Ratio?
PE Ratio28.7x
EarningsNT$73.59m
Market CapNT$2.18b

Price to Earnings Ratio vs Peers

How does 3628's PE Ratio compare to its peers?

The above table shows the PE ratio for 3628 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average30.5x
3332 Cincon Electronics
19.3xn/aNT$2.0b
6133 Golden Bridge Electech
67.1xn/aNT$2.6b
6292 Axis
12.8xn/aNT$2.8b
6272 Wieson Technologies
22.9xn/aNT$2.9b
3628 Ablerex Electronics
28.7xn/aNT$2.2b

Price-To-Earnings vs Peers: 3628 is good value based on its Price-To-Earnings Ratio (28.7x) compared to the peer average (30.5x).

Price to Earnings Ratio vs Industry

How does 3628's PE Ratio compare vs other companies in the TW Electrical Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
3628 28.7xIndustry Avg. 23.1xNo. of Companies13PE01632486480+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 3628 is expensive based on its Price-To-Earnings Ratio (28.7x) compared to the TW Electrical industry average (23.1x).

Price to Earnings Ratio vs Fair Ratio

What is 3628'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.

3628 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio28.7x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 3628'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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