We’ve recently updated our valuation analysis.

TCI Valuation

Is 8436 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 8436?

Other financial metrics that can be useful for relative valuation.

8436 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/Revenue2.6x
Enterprise Value/EBITDA12.5x
PEG Ratio0.8x

Price to Earnings Ratio vs Peers

How does 8436's PE Ratio compare to its peers?

The above table shows the PE ratio for 8436 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average25.9x
4137 Chlitina Holding
19.3x32.3%NT$16.0b
1707 Grape King Bio
16.8x9.1%NT$24.0b
4128 Microbio
30.4xn/aNT$31.9b
4190 Jourdeness Group
36.8xn/aNT$4.5b
33.4x41.0%NT$20.6b

Price-To-Earnings vs Peers: 8436 is expensive based on its Price-To-Earnings Ratio (33.4x) compared to the peer average (25.9x).


Price to Earnings Ratio vs Industry

How does 8436's PE Ratio compare vs other companies in the Asian Personal Products Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a17.5%
n/an/an/a

Price-To-Earnings vs Industry: 8436 is expensive based on its Price-To-Earnings Ratio (33.4x) compared to the Asian Personal Products industry average (27.7x)


Price to Earnings Ratio vs Fair Ratio

What is 8436'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.

8436 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio33.4x
Fair PE Ratio36.7x

Price-To-Earnings vs Fair Ratio: 8436 is good value based on its Price-To-Earnings Ratio (33.4x) compared to the estimated Fair Price-To-Earnings Ratio (36.7x).


Share Price vs Fair Value

What is the Fair Price of 8436 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 8436 (NT$175) is trading below our estimate of fair value (NT$304.07)

Significantly Below Fair Value: 8436 is trading below fair value by more than 20%.


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 8436 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentNT$175.00
NT$168.20
-3.9%
12.7%NT$210.00NT$151.00n/a5
Jan ’24NT$171.00
NT$160.60
-6.1%
16.5%NT$209.00NT$128.00n/a5
Dec ’23NT$139.50
NT$150.25
+7.7%
19.2%NT$193.00NT$120.00n/a4
Nov ’23NT$110.00
NT$154.00
+40.0%
16.0%NT$193.00NT$120.00n/a5
Oct ’23NT$124.50
NT$161.67
+29.9%
17.5%NT$200.00NT$120.00n/a6
Sep ’23NT$145.00
NT$160.00
+10.3%
17.9%NT$200.00NT$120.00n/a6
Aug ’23NT$144.00
NT$162.17
+12.6%
16.8%NT$200.00NT$120.00n/a6
Jul ’23NT$142.00
NT$162.17
+14.2%
16.8%NT$200.00NT$120.00n/a6
Jun ’23NT$157.00
NT$172.67
+10.0%
30.5%NT$276.00NT$120.00n/a6
May ’23NT$170.50
NT$197.43
+15.8%
20.0%NT$276.00NT$145.00n/a7
Apr ’23NT$186.50
NT$213.14
+14.3%
15.2%NT$276.00NT$175.00n/a7
Mar ’23NT$195.00
NT$234.00
+20.0%
14.2%NT$281.00NT$182.00n/a7
Feb ’23NT$192.50
NT$234.00
+21.6%
14.2%NT$281.00NT$182.00n/a7
Jan ’23NT$208.50
NT$244.29
+17.2%
16.1%NT$297.00NT$182.00NT$171.007
Dec ’22NT$203.00
NT$244.29
+20.3%
16.1%NT$297.00NT$182.00NT$139.507
Nov ’22NT$233.00
NT$304.00
+30.5%
12.1%NT$375.00NT$260.00NT$110.008
Oct ’22NT$215.00
NT$304.00
+41.4%
12.1%NT$375.00NT$260.00NT$124.508
Sep ’22NT$268.00
NT$304.00
+13.4%
12.1%NT$375.00NT$260.00NT$145.008
Aug ’22NT$327.00
NT$287.14
-12.2%
20.1%NT$400.00NT$205.00NT$144.007
Jul ’22NT$248.00
NT$260.29
+5.0%
13.7%NT$321.00NT$205.00NT$142.007
Jun ’22NT$243.00
NT$250.43
+3.1%
10.4%NT$288.00NT$205.00NT$157.007
May ’22NT$242.50
NT$228.14
-5.9%
5.5%NT$250.00NT$205.00NT$170.507
Apr ’22NT$215.00
NT$228.14
+6.1%
5.5%NT$250.00NT$205.00NT$186.507
Mar ’22NT$211.50
NT$261.78
+23.8%
20.1%NT$372.00NT$195.00NT$195.009
Feb ’22NT$209.00
NT$261.78
+25.3%
20.1%NT$372.00NT$195.00NT$192.509
Jan ’22NT$200.00
NT$269.56
+34.8%
19.0%NT$372.00NT$195.00NT$208.509

Analyst Forecast: Target price is lower than the current share price.


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