Ability Enterprise Co., Ltd.

TWSE:2374 Stock Report

Market Cap: NT$13.9b

Ability Enterprise Valuation

Is 2374 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 2374 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 2374 (NT$48.05) is trading above our estimate of fair value (NT$5.79)

Significantly Below Fair Value: 2374 is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 2374?

Key metric: As 2374 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 2374. This is calculated by dividing 2374's market cap by their current earnings.
What is 2374's PE Ratio?
PE Ratio29.2x
EarningsNT$476.74m
Market CapNT$13.90b

Price to Earnings Ratio vs Peers

How does 2374's PE Ratio compare to its peers?

The above table shows the PE ratio for 2374 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average12.6x
2489 AmTRAN TechnologyLtd
12.3xn/aNT$13.0b
5225 Eastech Holding
10.4xn/aNT$9.4b
1604 Sampo
13.9xn/aNT$10.3b
2439 Merry Electronics
13.8x8.1%NT$27.1b
2374 Ability Enterprise
29.2xn/aNT$13.9b

Price-To-Earnings vs Peers: 2374 is expensive based on its Price-To-Earnings Ratio (29.2x) compared to the peer average (12.6x).


Price to Earnings Ratio vs Industry

How does 2374's PE Ratio compare vs other companies in the TW Consumer Durables Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
2374 29.2xIndustry Avg. 15.2xNo. of Companies10PE0816243240+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 2374 is expensive based on its Price-To-Earnings Ratio (29.2x) compared to the TW Consumer Durables industry average (15.2x).


Price to Earnings Ratio vs Fair Ratio

What is 2374'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.

2374 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio29.2x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 2374'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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