Chicony Power Technology Co., Ltd.

TWSE:6412 Stock Report

Market Cap: NT$47.9b

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$121) is trading above our estimate of fair value (NT$55.26)

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 Ratio14x
EarningsNT$3.46b
Market CapNT$47.89b

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 Average29.1x
1609 Ta Ya Electric Wire & Cable
20.1xn/aNT$34.2b
3617 Cyber Power Systems
18.3xn/aNT$35.6b
6781 Advanced Energy Solution Holding
49.6x32.8%NT$97.4b
1605 Walsin Lihwa
28.3xn/aNT$95.5b
6412 Chicony Power Technology
14x19.6%NT$47.9b

Price-To-Earnings vs Peers: 6412 is good value based on its Price-To-Earnings Ratio (14x) compared to the peer average (29.1x).

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 14.0xIndustry Avg. 21.8xNo. 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 (14x) compared to the TW Electrical industry average (21.8x).

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 Ratio14x
Fair PE Ratio23.5x

Price-To-Earnings vs Fair Ratio: 6412 is good value based on its Price-To-Earnings Ratio (14x) compared to the estimated Fair Price-To-Earnings Ratio (23.5x).

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$121.00
NT$161.67
+33.6%
6.4%NT$175.00NT$150.00n/a3
Dec ’25NT$128.00
NT$161.67
+26.3%
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$127.00NT$119.502
Dec ’24NT$143.50
NT$128.50
-10.5%
1.2%NT$130.00NT$127.00NT$128.002
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

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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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 17:37
End of Day Share Price 2025/01/02 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Chicony Power Technology Co., Ltd. is covered by 6 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Meizhen WangCapital Securities Corporation
Frank LinDeutsche Bank
Jerry TsaiJ.P. Morgan