Hong Tai Electric Industrial Co., Ltd.

TWSE:1612 Stock Report

Market Cap: NT$10.9b

Hong Tai Electric Industrial Valuation

Is 1612 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 1612 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 1612 (NT$33.5) is trading above our estimate of fair value (NT$2.55)

Significantly Below Fair Value: 1612 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 1612?

Key metric: As 1612 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 1612. This is calculated by dividing 1612's market cap by their current earnings.
What is 1612's PE Ratio?
PE Ratio13.5x
EarningsNT$782.66m
Market CapNT$10.89b

Price to Earnings Ratio vs Peers

How does 1612's PE Ratio compare to its peers?

The above table shows the PE ratio for 1612 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average16.4x
1537 Kung Long Batteries IndustrialLtd
15.2xn/aNT$12.1b
1615 Dah San Electric Wire & Cable
15.8xn/aNT$11.0b
3003 K.S. Terminals
21xn/aNT$12.8b
1608 Hua Eng Wire & Cable
13.7xn/aNT$12.5b
1612 Hong Tai Electric Industrial
13.5xn/aNT$10.9b

Price-To-Earnings vs Peers: 1612 is good value based on its Price-To-Earnings Ratio (13.5x) compared to the peer average (16.4x).

Price to Earnings Ratio vs Industry

How does 1612'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
1612 13.5xIndustry Avg. 25.9xNo. of Companies12PE01632486480+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 1612 is good value based on its Price-To-Earnings Ratio (13.5x) compared to the TW Electrical industry average (25.9x).

Price to Earnings Ratio vs Fair Ratio

What is 1612'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.

1612 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio13.5x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 1612'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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