Sun Race Sturmey-Archer Valuation

Q: What is the Fair Price of 1526 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

1526 (NT$24.25) is trading above our estimate of [[fair value]] (NT$8.86)

Is 1526 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-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 1526 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 1526 (NT$24.25) is trading above our estimate of fair value (NT$8.86)

Significantly Below Fair Value: 1526 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 1526?

Key metric: As 1526 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 1526. This is calculated by dividing 1526's market cap by their current revenue.
What is 1526's PS Ratio?
PS Ratio	2.1x
Sales	NT$686.74m
Market Cap	NT$1.46b

1526 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	3x
Enterprise Value/EBITDA	-264.1x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does 1526's PS Ratio compare to its peers?

The above table shows the PS ratio for 1526 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	1.4x
4430 Yao I Fabric	0.7x	n/a	NT$1.4b
8928 Dynamic Precision Industry	0.5x	n/a	NT$1.6b
1593 Chi Hua Fitness	1.4x	n/a	NT$1.5b
8420 Launch Technologies	3x	n/a	NT$2.2b
1526 Sun Race Sturmey-Archer	2.1x	n/a	NT$1.5b

Price-To-Sales vs Peers: 1526 is expensive based on its Price-To-Sales Ratio (2.1x) compared to the peer average (1.4x).

Price to Sales Ratio vs Industry

How does 1526's PS Ratio compare vs other companies in the TW Leisure Industry?

0 Companies	Price / Sales	Estimated Growth	Market Cap

No more companies available in this PS range

0 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: 1526 is expensive based on its Price-To-Sales Ratio (2.1x) compared to the TW Leisure industry average (1.5x).

Price to Sales Ratio vs Fair Ratio

What is 1526'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.

1526 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	2.1x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 1526'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.