Sports Gear Co., Ltd.

TWSE:6768 Stock Report

Market Cap: NT$24.7b

Sports Gear Valuation

Is 6768 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • 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 6768 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
NT$169.36
Fair Value
25.6% undervalued intrinsic discount
2
Number of Analysts

Below Fair Value: 6768 (NT$126) is trading below our estimate of fair value (NT$169.36)

Significantly Below Fair Value: 6768 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 6768?

Key metric: As 6768 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 6768. This is calculated by dividing 6768's market cap by their current earnings.
What is 6768's PE Ratio?
PE Ratio19x
EarningsNT$1.30b
Market CapNT$24.70b

Price to Earnings Ratio vs Peers

How does 6768's PE Ratio compare to its peers?

The above table shows the PE ratio for 6768 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average23.9x
9802 Fulgent Sun International (Holding)
28.9xn/aNT$24.7b
9904 Pou Chen
7.7x11.5%NT$106.7b
6890 Lai Yih Footwear
36.7x29.9%NT$118.2b
9910 Feng Tay Enterprises
22.4x13.1%NT$125.9b
6768 Sports Gear
19x30.8%NT$24.7b

Price-To-Earnings vs Peers: 6768 is good value based on its Price-To-Earnings Ratio (19x) compared to the peer average (23.9x).

Price to Earnings Ratio vs Industry

How does 6768's PE Ratio compare vs other companies in the TW Luxury Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
1446 Hong Ho Precision TextileLtd
3.8xn/aUS$160.11m
1445 Universal Textile
2.3xn/aUS$65.45m
4420 Kwang Ming Silk Mill
1.1xn/aUS$64.97m
No more companies available in this PE range
6768 19.0xIndustry Avg. 23.0xNo. of Companies10PE020406080100+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 6768 is good value based on its Price-To-Earnings Ratio (19x) compared to the TW Luxury industry average (23x).

Price to Earnings Ratio vs Fair Ratio

What is 6768'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.

6768 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio19x
Fair PE Ratio22.2x

Price-To-Earnings vs Fair Ratio: 6768 is good value based on its Price-To-Earnings Ratio (19x) compared to the estimated Fair Price-To-Earnings Ratio (22.2x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 6768 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentNT$126.00
NT$153.00
+21.4%
11.1%NT$170.00NT$136.00n/a2
Jan ’26NT$120.00
NT$153.00
+27.5%
11.1%NT$170.00NT$136.00n/a2
Dec ’25NT$138.50
NT$153.00
+10.5%
11.1%NT$170.00NT$136.00n/a2
Nov ’25NT$130.50
NT$124.50
-4.6%
9.2%NT$136.00NT$113.00n/a2
Oct ’25NT$106.00
NT$111.50
+5.2%
1.3%NT$113.00NT$110.00n/a2
Sep ’25NT$86.50
NT$111.50
+28.9%
1.3%NT$113.00NT$110.00n/a2
Aug ’25NT$104.00
NT$111.50
+7.2%
1.3%NT$113.00NT$110.00n/a2
Jul ’25NT$89.00
NT$106.00
+19.1%
3.8%NT$110.00NT$102.00n/a2
Jun ’25NT$94.80
NT$106.00
+11.8%
3.8%NT$110.00NT$102.00n/a2
May ’25NT$87.00
NT$95.50
+9.8%
15.2%NT$110.00NT$81.00n/a2
Apr ’25NT$74.40
NT$82.50
+10.9%
1.8%NT$84.00NT$81.00n/a2
Mar ’25NT$72.00
NT$82.50
+14.6%
1.8%NT$84.00NT$81.00n/a2
Feb ’25NT$69.10
NT$82.50
+19.4%
1.8%NT$84.00NT$81.00n/a2
Jul ’24NT$68.10
NT$91.50
+34.4%
18.0%NT$108.00NT$75.00NT$89.002
Jun ’24NT$71.10
NT$91.50
+28.7%
18.0%NT$108.00NT$75.00NT$94.802
May ’24NT$69.10
NT$91.50
+32.4%
18.0%NT$108.00NT$75.00NT$87.002
Apr ’24NT$70.40
NT$91.50
+30.0%
18.0%NT$108.00NT$75.00NT$74.402
Mar ’24NT$73.50
NT$91.50
+24.5%
18.0%NT$108.00NT$75.00NT$72.002
Feb ’24NT$74.00
NT$89.67
+21.2%
15.3%NT$108.00NT$75.00NT$69.103
Jan ’24NT$71.50
NT$89.67
+25.4%
15.3%NT$108.00NT$75.00NT$66.903
Analyst Price Target
Consensus Narrative from 2 Analysts
NT$153.00
Fair Value
17.6% undervalued intrinsic discount
2
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/17 09:18
End of Day Share Price 2025/01/17 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Sports Gear Co., Ltd. is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Yiru ChenMasterlink Securities Corp.
Iris LinSinoPac Securities Investment Service