Chicony Power Technology Co., Ltd.

TWSE:6412 Stock Report

Market Cap: NT$50.5b

Chicony Power Technology Valuation

Is 6412 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 6412 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 6412 (NT$124) is trading above our estimate of fair value (NT$55.77)

Significantly Below Fair Value: 6412 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 6412?

Key metric: As 6412 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 6412. This is calculated by dividing 6412's market cap by their current earnings.
What is 6412's PE Ratio?
PE Ratio14.4x
EarningsNT$3.46b
Market CapNT$50.50b

Price to Earnings Ratio vs Peers

How does 6412's PE Ratio compare to its peers?

The above table shows the PE ratio for 6412 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average38.7x
1609 Ta Ya Electric Wire & Cable
20.3xn/aNT$35.5b
6781 Advanced Energy Solution Holding
35.8x31.3%NT$68.3b
3617 Cyber Power Systems
16.9xn/aNT$32.7b
2457 Phihong Technology
81.7xn/aNT$18.0b
6412 Chicony Power Technology
14.4x19.6%NT$50.5b

Price-To-Earnings vs Peers: 6412 is good value based on its Price-To-Earnings Ratio (14.4x) compared to the peer average (38.7x).

Price to Earnings Ratio vs Industry

How does 6412'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
6412 14.4xIndustry Avg. 22.4xNo. of Companies12PE01224364860+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 6412 is good value based on its Price-To-Earnings Ratio (14.4x) compared to the TW Electrical industry average (22.4x).

Price to Earnings Ratio vs Fair Ratio

What is 6412'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.

6412 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio14.4x
Fair PE Ratio23.6x

Price-To-Earnings vs Fair Ratio: 6412 is good value based on its Price-To-Earnings Ratio (14.4x) compared to the estimated Fair Price-To-Earnings Ratio (23.6x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 6412 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentNT$124.00
NT$161.67
+30.4%
6.4%NT$175.00NT$150.00n/a3
Nov ’25NT$127.50
NT$153.00
+20.0%
10.2%NT$175.00NT$140.00n/a3
Oct ’25NT$135.50
NT$153.00
+12.9%
10.2%NT$175.00NT$140.00n/a3
Sep ’25NT$128.00
NT$153.00
+19.5%
10.2%NT$175.00NT$140.00n/a3
Aug ’25NT$138.00
NT$179.50
+30.1%
2.5%NT$184.00NT$175.00n/a2
Jul ’25NT$136.00
NT$179.50
+32.0%
2.5%NT$184.00NT$175.00n/a2
Jun ’25NT$154.50
NT$163.00
+5.5%
14.5%NT$184.00NT$130.00n/a3
May ’25NT$173.50
NT$166.67
-3.9%
15.7%NT$190.00NT$130.00n/a3
Apr ’25NT$175.50
NT$166.67
-5.0%
15.7%NT$190.00NT$130.00n/a3
Mar ’25NT$169.00
NT$140.67
-16.8%
12.3%NT$165.00NT$127.00n/a3
Feb ’25NT$146.00
NT$128.50
-12.0%
1.2%NT$130.00NT$127.00n/a2
Jan ’25NT$145.50
NT$128.50
-11.7%
1.2%NT$130.00NT$127.00n/a2
Dec ’24NT$143.50
NT$128.50
-10.5%
1.2%NT$130.00NT$127.00n/a2
Nov ’24NT$112.00
NT$105.00
-6.3%
4.8%NT$110.00NT$100.00NT$127.502
Oct ’24NT$114.50
NT$105.00
-8.3%
4.8%NT$110.00NT$100.00NT$135.502
Sep ’24NT$112.50
NT$105.00
-6.7%
4.8%NT$110.00NT$100.00NT$128.002
Aug ’24NT$102.00
NT$92.00
-9.8%
2.2%NT$94.00NT$90.00NT$138.002
Jul ’24NT$90.80
NT$92.00
+1.3%
2.2%NT$94.00NT$90.00NT$136.002
Jun ’24NT$84.30
NT$92.00
+9.1%
2.2%NT$94.00NT$90.00NT$154.502
May ’24NT$85.50
NT$93.50
+9.4%
3.7%NT$97.00NT$90.00NT$173.502
Apr ’24NT$81.00
NT$93.50
+15.4%
3.7%NT$97.00NT$90.00NT$175.502
Mar ’24NT$80.00
NT$88.50
+10.6%
9.6%NT$97.00NT$80.00NT$169.002
Feb ’24NT$77.00
NT$88.50
+14.9%
9.6%NT$97.00NT$80.00NT$146.002
Jan ’24NT$73.00
NT$88.50
+21.2%
9.6%NT$97.00NT$80.00NT$145.502
Dec ’23NT$72.60
NT$88.50
+21.9%
9.6%NT$97.00NT$80.00NT$143.502
Nov ’23NT$70.10
NT$88.50
+26.2%
9.6%NT$97.00NT$80.00NT$112.002

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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