Apex Science & Engineering Valuation

Q: What is the Fair Price of 3052 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

3052 (NT$12.05) is trading below our estimate of [[fair value]] (NT$488.69)

Is 3052 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

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 3052 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 3052 (NT$12.05) is trading below our estimate of fair value (NT$488.69)

Significantly Below Fair Value: 3052 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 3052?

Key metric: As 3052 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 3052. This is calculated by dividing 3052's market cap by their current earnings.
What is 3052's PE Ratio?
PE Ratio	12.1x
Earnings	NT$202.57m
Market Cap	NT$2.46b

3052 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	1.9x
Enterprise Value/EBITDA	29.5x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does 3052's PE Ratio compare to its peers?

The above table shows the PE ratio for 3052 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	28x
2516 New Asia Construction & Development	24.5x	n/a	NT$3.1b
6883 Micro Electricity	55.9x	n/a	NT$4.5b
7703 Rayzher Industrial	21.9x	n/a	NT$4.6b
5515 Chien Kuo Construction	9.6x	n/a	NT$5.5b
3052 Apex Science & Engineering	12.1x	n/a	NT$2.5b

Price-To-Earnings vs Peers: 3052 is good value based on its Price-To-Earnings Ratio (12.1x) compared to the peer average (28x).

Price to Earnings Ratio vs Industry

How does 3052's PE Ratio compare vs other companies in the TW Construction 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: 3052 is good value based on its Price-To-Earnings Ratio (12.1x) compared to the TW Construction industry average (16.5x).

Price to Earnings Ratio vs Fair Ratio

What is 3052'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.

3052 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	12.1x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 3052'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.

Discover undervalued companies

Lumax International

NT$10.6b

Provides electronic components and program-controlled instruments in Taiwan and China.

6192

NT$110.00

2.8%

26.7%

United Integrated Services

NT$76.4b

Provides engineering construction services in Taiwan, Mainland China, Singapore, the United states, and Japan.

2404

NT$405.00

3.1%

63.6%

Tbi Motion Technology

NT$4.1b

Engages in the manufacture and sale of linear motion products for automation industry in Taiwan, rest of Asia, Europe, and internationally.

4540

NT$41.60

2.3%

28.8%