Top High Image Valuation

Is 3284 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 3284 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 3284 (NT$34.1) is trading below our estimate of fair value (NT$69.52)

Significantly Below Fair Value: 3284 is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 3284?

Key metric: As 3284 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 3284. This is calculated by dividing 3284's market cap by their current earnings.
What is 3284's PE Ratio?
PE Ratio12.5x
EarningsNT$251.88m
Market CapNT$3.04b

Price to Earnings Ratio vs Peers

How does 3284's PE Ratio compare to its peers?

The above table shows the PE ratio for 3284 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average35.6x
6593 Taiwan Numerical Powers
96.5xn/aNT$1.9b
8401 Bai Sha Technology
10.7xn/aNT$1.8b
8481 Transart Graphics
21.8xn/aNT$3.4b
8476 Taiwan Environment Scientific
13.5xn/aNT$4.6b
3284 Top High Image
12.5xn/aNT$3.0b

Price-To-Earnings vs Peers: 3284 is good value based on its Price-To-Earnings Ratio (12.5x) compared to the peer average (35.6x).


Price to Earnings Ratio vs Industry

How does 3284's PE Ratio compare vs other companies in the TW Commercial Services Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
3284 12.5xIndustry Avg. 20.8xNo. of Companies8PE020406080100+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 3284 is good value based on its Price-To-Earnings Ratio (12.5x) compared to the TW Commercial Services industry average (20.8x).


Price to Earnings Ratio vs Fair Ratio

What is 3284'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.

3284 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio12.5x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 3284'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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