St.Shine Optical Co.,Ltd.

TPEX:1565 Stock Report

Market Cap: NT$9.9b

St.Shine OpticalLtd Valuation

Is 1565 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

6/6

Valuation Score 6/6

  • 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 1565 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 1565 (NT$197) is trading below our estimate of fair value (NT$480.5)

Significantly Below Fair Value: 1565 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 1565?

Key metric: As 1565 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 1565. This is calculated by dividing 1565's market cap by their current earnings.
What is 1565's PE Ratio?
PE Ratio15.8x
EarningsNT$627.96m
Market CapNT$9.91b

Price to Earnings Ratio vs Peers

How does 1565's PE Ratio compare to its peers?

The above table shows the PE ratio for 1565 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average18x
4107 Bioteque
16.9xn/aNT$8.4b
6782 Visco Vision
18.4x20.7%NT$11.3b
4126 Pacific Hospital Supply
16.7xn/aNT$6.9b
4129 United Orthopedic
19.8xn/aNT$9.0b
1565 St.Shine OpticalLtd
15.8x18.5%NT$9.9b

Price-To-Earnings vs Peers: 1565 is good value based on its Price-To-Earnings Ratio (15.8x) compared to the peer average (18x).

Price to Earnings Ratio vs Industry

How does 1565's PE Ratio compare vs other companies in the TW Medical Equipment Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
1565 15.8xIndustry Avg. 18.6xNo. of Companies9PE01224364860+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 1565 is good value based on its Price-To-Earnings Ratio (15.8x) compared to the TW Medical Equipment industry average (18.6x).

Price to Earnings Ratio vs Fair Ratio

What is 1565'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.

1565 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio15.8x
Fair PE Ratio16.5x

Price-To-Earnings vs Fair Ratio: 1565 is good value based on its Price-To-Earnings Ratio (15.8x) compared to the estimated Fair Price-To-Earnings Ratio (16.5x).

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 1565 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentNT$197.00
NT$261.00
+32.5%
8.4%NT$290.00NT$237.00n/a3
Dec ’25NT$224.00
NT$261.00
+16.5%
8.4%NT$290.00NT$237.00n/a3
Nov ’25NT$213.50
NT$223.33
+4.6%
9.0%NT$238.00NT$195.00n/a3
Oct ’25NT$210.50
NT$199.50
-5.2%
2.3%NT$204.00NT$195.00n/a2
Jul ’25NT$187.50
NT$182.50
-2.7%
6.8%NT$195.00NT$170.00n/a2
Jun ’25NT$183.00
NT$195.00
+6.6%
2.1%NT$200.00NT$190.00n/a3
May ’25NT$187.50
NT$197.00
+5.1%
2.5%NT$203.00NT$190.00n/a4
Apr ’25NT$191.50
NT$197.00
+2.9%
2.5%NT$203.00NT$190.00n/a4
Mar ’25NT$202.50
NT$197.00
-2.7%
2.5%NT$203.00NT$190.00n/a4
Feb ’25NT$190.00
NT$197.00
+3.7%
2.5%NT$203.00NT$190.00n/a4
Jan ’25NT$190.00
NT$197.00
+3.7%
2.5%NT$203.00NT$190.00n/a4
Dec ’24NT$191.00
NT$197.00
+3.1%
2.5%NT$203.00NT$190.00NT$224.004
Nov ’24NT$182.00
NT$212.50
+16.8%
7.8%NT$230.00NT$190.00NT$213.504
Oct ’24NT$192.50
NT$224.25
+16.5%
9.7%NT$250.00NT$190.00NT$210.504
Sep ’24NT$196.00
NT$224.40
+14.5%
8.6%NT$250.00NT$190.00NT$177.505
Aug ’24NT$217.00
NT$234.40
+8.0%
5.8%NT$250.00NT$215.00NT$178.505
Jul ’24NT$231.50
NT$254.33
+9.9%
14.5%NT$330.00NT$215.00NT$187.506
Jun ’24NT$243.50
NT$254.33
+4.4%
14.5%NT$330.00NT$215.00NT$183.006
May ’24NT$249.00
NT$260.17
+4.5%
13.3%NT$330.00NT$215.00NT$187.506
Apr ’24NT$259.00
NT$257.50
-0.6%
13.7%NT$330.00NT$215.00NT$191.506
Mar ’24NT$258.00
NT$252.43
-2.2%
17.5%NT$330.00NT$192.00NT$202.507
Feb ’24NT$259.50
NT$248.86
-4.1%
18.2%NT$330.00NT$192.00NT$190.007
Jan ’24NT$246.50
NT$253.14
+2.7%
17.1%NT$330.00NT$192.00NT$190.007
Dec ’23NT$250.00
NT$253.14
+1.3%
17.1%NT$330.00NT$192.00NT$191.007

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/25 09:56
End of Day Share Price 2024/12/25 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

St.Shine Optical Co.,Ltd. is covered by 20 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ti-Rung HuangBarclays
Jenny TsaiBNP Paribas Securities (Asia)
Jianzheng WuCapital Securities Corporation