Dynamic Precision Industry Valuation

Q: What is the Fair Price of 8928 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

8928 (NT$32.1) is trading above our estimate of [[fair value]] (NT$11.47)

Is 8928 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 8928 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 8928 (NT$32.1) is trading above our estimate of fair value (NT$11.47)

Significantly Below Fair Value: 8928 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 8928?

Key metric: As 8928 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 8928. This is calculated by dividing 8928's market cap by their current earnings.
What is 8928's PE Ratio?
PE Ratio	35.2x
Earnings	NT$46.38m
Market Cap	NT$1.63b

8928 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	0.9x
Enterprise Value/EBITDA	21.5x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does 8928's PE Ratio compare to its peers?

The above table shows the PE ratio for 8928 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	23.7x
1593 Chi Hua Fitness	29.6x	n/a	NT$1.5b
6804 Axman Enterprise	36.1x	n/a	NT$1.1b
8924 O-TA Precision Industry	14.5x	n/a	NT$6.7b
8938 Advanced International Multitech	14.6x	n/a	NT$10.4b
8928 Dynamic Precision Industry	35.2x	n/a	NT$1.6b

Price-To-Earnings vs Peers: 8928 is expensive based on its Price-To-Earnings Ratio (35.2x) compared to the peer average (23.7x).

Price to Earnings Ratio vs Industry

How does 8928'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: 8928 is expensive based on its Price-To-Earnings Ratio (35.2x) compared to the Asian Leisure industry average (17.2x).

Price to Earnings Ratio vs Fair Ratio

What is 8928'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.

8928 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	35.2x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 8928'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.