Cheng Fwa Industrial Valuation

Q: What is the Fair Price of 5426 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

5426 (NT$37.55) is trading above our estimate of [[fair value]] (NT$0.1)

Is 5426 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

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 5426 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 5426 (NT$37.55) is trading above our estimate of fair value (NT$0.1)

Significantly Below Fair Value: 5426 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 5426?

Key metric: As 5426 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 5426. This is calculated by dividing 5426's market cap by their current earnings.
What is 5426's PE Ratio?
PE Ratio	86.2x
Earnings	NT$62.63m
Market Cap	NT$5.40b

5426 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	3.4x
Enterprise Value/EBITDA	103x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does 5426's PE Ratio compare to its peers?

The above table shows the PE ratio for 5426 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	23.7x
6609 Taiwan Takisawa Technology	29.1x	n/a	NT$6.2b
4533 Shieh Yih Machinery Industry	38.6x	65.0%	NT$5.9b
4942 Chia Chang	11.3x	8.6%	NT$5.8b
4912 Lemtech Holdings	15.9x	n/a	NT$6.8b
5426 Cheng Fwa Industrial	86.2x	n/a	NT$5.4b

Price-To-Earnings vs Peers: 5426 is expensive based on its Price-To-Earnings Ratio (86.2x) compared to the peer average (23.7x).

Price to Earnings Ratio vs Industry

How does 5426's PE Ratio compare vs other companies in the TW Machinery Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap

No more companies available in this PE range

0 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: 5426 is expensive based on its Price-To-Earnings Ratio (86.2x) compared to the TW Machinery industry average (19.8x).

Price to Earnings Ratio vs Fair Ratio

What is 5426'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.

5426 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	86.2x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 5426'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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