Mega Union Technology Valuation

Is 6944 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 6944 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 6944 (NT$370.5) is trading above our estimate of fair value (NT$90.48)

Significantly Below Fair Value: 6944 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 6944?

Key metric: As 6944 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 6944. This is calculated by dividing 6944's market cap by their current earnings.
What is 6944's PE Ratio?
PE Ratio	18.8x
Earnings	NT$1.33b
Market Cap	NT$25.08b

6944 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	2.4x
Enterprise Value/EBITDA	12.4x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does 6944's PE Ratio compare to its peers?

The above table shows the PE ratio for 6944 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	48.4x
2421 Sunonwealth Electric Machine Industry	22.2x	30.9%	NT$28.7b
8996 Kaori Heat Treatment	55.6x	53.0%	NT$29.9b
6125 Kenmec Mechanical Engineering	66.3x	n/a	NT$22.0b
2467 C Sun Mfg	49.6x	n/a	NT$31.4b
6944 Mega Union Technology	18.8x	n/a	NT$25.1b

Price-To-Earnings vs Peers: 6944 is good value based on its Price-To-Earnings Ratio (18.8x) compared to the peer average (48.4x).

Price to Earnings Ratio vs Industry

How does 6944'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: 6944 is good value based on its Price-To-Earnings Ratio (18.8x) compared to the TW Machinery industry average (19.7x).

Price to Earnings Ratio vs Fair Ratio

What is 6944'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.

6944 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	18.8x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 6944'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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