Joy Industrial Co., Ltd.

TPEX:4559 Stock Report

Market Cap: NT$594.0m

Joy Industrial Valuation

Is 4559 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-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 4559 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 4559 (NT$9.9) is trading above our estimate of fair value (NT$6.55)

Significantly Below Fair Value: 4559 is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 4559?

Key metric: As 4559 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 4559. This is calculated by dividing 4559's market cap by their current revenue.
What is 4559's PS Ratio?
PS Ratio0.5x
SalesNT$1.09b
Market CapNT$594.00m

Price to Sales Ratio vs Peers

How does 4559's PS Ratio compare to its peers?

The above table shows the PS ratio for 4559 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average1.2x
4430 Yao I Fabric
0.7xn/aNT$1.4b
1526 Sun Race Sturmey-Archer
2.1xn/aNT$1.4b
8928 Dynamic Precision Industry
0.5xn/aNT$1.6b
1593 Chi Hua Fitness
1.4xn/aNT$1.5b
4559 Joy Industrial
0.5xn/aNT$594.0m

Price-To-Sales vs Peers: 4559 is good value based on its Price-To-Sales Ratio (0.5x) compared to the peer average (1.2x).


Price to Sales Ratio vs Industry

How does 4559's PS Ratio compare vs other companies in the TW Leisure Industry?

0 CompaniesPrice / SalesEstimated GrowthMarket Cap
No more companies available in this PS range
4559 0.5xIndustry Avg. 1.5xNo. of Companies4PS01.22.43.64.86+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 4559 is good value based on its Price-To-Sales Ratio (0.5x) compared to the TW Leisure industry average (1.5x).


Price to Sales Ratio vs Fair Ratio

What is 4559's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

4559 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.5x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 4559's Price-To-Sales 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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