Axman Enterprise Valuation

Q: What is the Fair Price of 6804 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

6804 (NT$32.35) is trading above our estimate of [[fair value]] (NT$19.46)

Is 6804 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

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 6804 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 6804 (NT$32.35) is trading above our estimate of fair value (NT$19.46)

Significantly Below Fair Value: 6804 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 6804?

Key metric: As 6804 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 6804. This is calculated by dividing 6804's market cap by their current earnings.
What is 6804's PE Ratio?
PE Ratio	36.1x
Earnings	NT$31.35m
Market Cap	NT$1.13b

6804 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	0.4x
Enterprise Value/EBITDA	15.1x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does 6804's PE Ratio compare to its peers?

The above table shows the PE ratio for 6804 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	26.6x
1593 Chi Hua Fitness	29.6x	n/a	NT$1.5b
8928 Dynamic Precision Industry	35.2x	n/a	NT$1.6b
8467 Bonny Worldwide	27.1x	n/a	NT$13.8b
8924 O-TA Precision Industry	14.5x	n/a	NT$6.7b
6804 Axman Enterprise	36.1x	n/a	NT$1.1b

Price-To-Earnings vs Peers: 6804 is expensive based on its Price-To-Earnings Ratio (36.1x) compared to the peer average (26.6x).

Price to Earnings Ratio vs Industry

How does 6804's PE Ratio compare vs other companies in the Asian Leisure Industry?

1 Company	Price / Earnings	Estimated Growth	Market Cap

1 Company		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: 6804 is expensive based on its Price-To-Earnings Ratio (36.1x) compared to the Asian Leisure industry average (17.2x).

Price to Earnings Ratio vs Fair Ratio

What is 6804'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.

6804 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	36.1x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 6804'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.