Tainan Enterprise (Cayman) Valuation

Q: What is the Fair Price of 5906 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

5906 (NT$56.5) is trading above our estimate of [[fair value]] (NT$11.58)

Is 5906 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 5906 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 5906 (NT$56.5) is trading above our estimate of fair value (NT$11.58)

Significantly Below Fair Value: 5906 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 5906?

Key metric: As 5906 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 5906. This is calculated by dividing 5906's market cap by their current earnings.
What is 5906's PE Ratio?
PE Ratio	26.2x
Earnings	NT$75.63m
Market Cap	NT$1.95b

5906 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	1.4x
Enterprise Value/EBITDA	18.3x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does 5906's PE Ratio compare to its peers?

The above table shows the PE ratio for 5906 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	14.7x
9950 Eminent Luggage	18.6x	n/a	NT$2.2b
8433 Bon Fame	10.1x	n/a	NT$4.6b
4432 Hakers Enterprise	17.8x	n/a	NT$1.1b
1473 Tainan Enterprises	12.5x	n/a	NT$5.2b
5906 Tainan Enterprise (Cayman)	26.2x	n/a	NT$1.9b

Price-To-Earnings vs Peers: 5906 is expensive based on its Price-To-Earnings Ratio (26.2x) compared to the peer average (14.7x).

Price to Earnings Ratio vs Industry

How does 5906's PE Ratio compare vs other companies in the TW Luxury Industry?

2 Companies	Price / Earnings	Estimated Growth	Market Cap
1445 Universal Textile	2.4x	n/a	US$68.59m
4420 Kwang Ming Silk Mill	1.1x	n/a	US$65.18m

No more companies available in this PE range

2 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: 5906 is expensive based on its Price-To-Earnings Ratio (26.2x) compared to the TW Luxury industry average (23.6x).

Price to Earnings Ratio vs Fair Ratio

What is 5906'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.

5906 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	26.2x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 5906'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.