Shieh Yih Machinery Industry Co., Ltd.

TPEX:4533 Stock Report

Market Cap: NT$5.9b

Shieh Yih Machinery Industry Valuation

Is 4533 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • 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 4533 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 4533 (NT$37.15) is trading below our estimate of fair value (NT$353.7)

Significantly Below Fair Value: 4533 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 4533?

Key metric: As 4533 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 4533. This is calculated by dividing 4533's market cap by their current earnings.
What is 4533's PE Ratio?
PE Ratio38.6x
EarningsNT$152.46m
Market CapNT$5.89b

Price to Earnings Ratio vs Peers

How does 4533's PE Ratio compare to its peers?

The above table shows the PE ratio for 4533 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average22.5x
6609 Taiwan Takisawa Technology
29.1xn/aNT$6.2b
5538 Tong Ming Enterprise
18.7xn/aNT$6.9b
4565 Hong-Wei Electrical Industry
13.6xn/aNT$6.2b
6829 ChenFull Precision
28.6xn/aNT$6.9b
4533 Shieh Yih Machinery Industry
38.6x65.0%NT$5.9b

Price-To-Earnings vs Peers: 4533 is expensive based on its Price-To-Earnings Ratio (38.6x) compared to the peer average (22.5x).

Price to Earnings Ratio vs Industry

How does 4533's PE Ratio compare vs other companies in the TW Machinery Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
4533 38.6xIndustry Avg. 19.8xNo. of Companies20PE01632486480+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 4533 is expensive based on its Price-To-Earnings Ratio (38.6x) compared to the TW Machinery industry average (19.8x).

Price to Earnings Ratio vs Fair Ratio

What is 4533'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.

4533 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio38.6x
Fair PE Ratio51.2x

Price-To-Earnings vs Fair Ratio: 4533 is good value based on its Price-To-Earnings Ratio (38.6x) compared to the estimated Fair Price-To-Earnings Ratio (51.2x).

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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