Pegavision Valuation
Is 6491 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
5/6Valuation 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 6491 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 6491 (NT$514) is trading below our estimate of fair value (NT$1130.23)
Significantly Below Fair Value: 6491 is trading below fair value by more than 20%.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 6491?
Other financial metrics that can be useful for relative valuation.
| What is 6491's n/a Ratio? | |
|---|---|
| n/a | 0x |
| n/a | n/a |
| Market Cap | NT$40.09b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 5.2x |
| Enterprise Value/EBITDA | 12.8x |
| PEG Ratio | 1.4x |
Price to Earnings Ratio vs Peers
How does 6491's PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 37x | ||
6782 Visco Vision | 53.4x | 45.6% | NT$16.1b |
4771 Vizionfocus | 28.6x | n/a | NT$16.1b |
4129 United Orthopedic | 24.7x | n/a | NT$9.4b |
1786 SciVision Biotech | 41.1x | n/a | NT$7.3b |
6491 Pegavision | 24.2x | 17.1% | NT$40.1b |
Price-To-Earnings vs Peers: 6491 is good value based on its Price-To-Earnings Ratio (24.2x) compared to the peer average (37x).
Price to Earnings Ratio vs Industry
How does 6491's PE Ratio compare vs other companies in the TW Medical Equipment Industry?
Price-To-Earnings vs Industry: 6491 is good value based on its Price-To-Earnings Ratio (24.2x) compared to the TW Medical Equipment industry average (25.3x).
Price to Earnings Ratio vs Fair Ratio
What is 6491'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.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 24.2x |
| Fair PE Ratio | 26.3x |
Price-To-Earnings vs Fair Ratio: 6491 is good value based on its Price-To-Earnings Ratio (24.2x) compared to the estimated Fair Price-To-Earnings Ratio (26.3x).
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
| Date | Share Price | Average 1Y Price Target | Dispersion | High | Low | 1Y Actual price | Analysts |
|---|---|---|---|---|---|---|---|
| Current | NT$514.00 | NT$474.83 -7.6% | 11.3% | NT$576.00 | NT$410.00 | n/a | 6 |
| Apr ’25 | NT$479.00 | NT$450.57 -5.9% | 15.7% | NT$576.00 | NT$325.00 | n/a | 7 |
| Mar ’25 | NT$396.50 | NT$428.86 +8.2% | 11.0% | NT$470.00 | NT$325.00 | n/a | 7 |
| Feb ’25 | NT$381.00 | NT$422.67 +10.9% | 11.4% | NT$470.00 | NT$325.00 | n/a | 6 |
| Jan ’25 | NT$396.50 | NT$428.67 +8.1% | 12.1% | NT$474.00 | NT$325.00 | n/a | 6 |
| Dec ’24 | NT$399.50 | NT$426.29 +6.7% | 11.3% | NT$474.00 | NT$325.00 | n/a | 7 |
| Nov ’24 | NT$387.00 | NT$444.00 +14.7% | 14.6% | NT$548.00 | NT$325.00 | n/a | 7 |
| Oct ’24 | NT$389.00 | NT$431.67 +11.0% | 16.8% | NT$548.00 | NT$315.00 | n/a | 6 |
| Sep ’24 | NT$385.00 | NT$431.67 +12.1% | 16.8% | NT$548.00 | NT$315.00 | n/a | 6 |
| Aug ’24 | NT$353.00 | NT$417.83 +18.4% | 13.1% | NT$474.00 | NT$315.00 | n/a | 6 |
| Jul ’24 | NT$345.00 | NT$429.00 +24.3% | 15.8% | NT$530.00 | NT$310.00 | n/a | 6 |
| Jun ’24 | NT$366.00 | NT$460.67 +25.9% | 9.9% | NT$530.00 | NT$405.00 | n/a | 6 |
| May ’24 | NT$434.50 | NT$483.17 +11.2% | 14.8% | NT$550.00 | NT$355.00 | n/a | 6 |
| Apr ’24 | NT$409.50 | NT$483.17 +18.0% | 14.8% | NT$550.00 | NT$355.00 | NT$479.00 | 6 |
| Mar ’24 | NT$455.00 | NT$475.17 +4.4% | 16.9% | NT$550.00 | NT$355.00 | NT$396.50 | 6 |
| Feb ’24 | NT$464.00 | NT$446.00 -3.9% | 15.2% | NT$530.00 | NT$355.00 | NT$381.00 | 6 |
| Jan ’24 | NT$424.00 | NT$420.20 -0.9% | 14.6% | NT$530.00 | NT$355.00 | NT$396.50 | 5 |
| Dec ’23 | NT$378.00 | NT$385.25 +1.9% | 10.6% | NT$425.00 | NT$325.00 | NT$399.50 | 4 |
| Nov ’23 | NT$281.50 | NT$460.00 +63.4% | 11.5% | NT$550.00 | NT$420.00 | NT$387.00 | 4 |
| Oct ’23 | NT$369.50 | NT$514.00 +39.1% | 7.9% | NT$555.00 | NT$445.00 | NT$389.00 | 5 |
| Sep ’23 | NT$419.50 | NT$514.00 +22.5% | 7.9% | NT$555.00 | NT$445.00 | NT$385.00 | 5 |
| Aug ’23 | NT$440.00 | NT$537.00 +22.0% | 4.5% | NT$560.00 | NT$495.00 | NT$353.00 | 5 |
| Jul ’23 | NT$420.00 | NT$553.40 +31.8% | 6.1% | NT$600.00 | NT$495.00 | NT$345.00 | 5 |
| Jun ’23 | NT$436.50 | NT$529.80 +21.4% | 13.3% | NT$600.00 | NT$394.00 | NT$366.00 | 5 |
| May ’23 | NT$409.50 | NT$539.60 +31.8% | 9.6% | NT$600.00 | NT$443.00 | NT$434.50 | 5 |
| Apr ’23 | NT$509.00 | NT$526.60 +3.5% | 9.2% | NT$580.00 | NT$443.00 | NT$409.50 | 5 |
Analyst Forecast: Target price is lower than the current share price.