First Copper Technology Valuation

Is 2009 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 2009 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 2009 (NT$40) is trading above our estimate of fair value (NT$16.18)

Significantly Below Fair Value: 2009 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 2009?

Key metric: As 2009 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 2009. This is calculated by dividing 2009's market cap by their current earnings.
What is 2009's PE Ratio?
PE Ratio	59.3x
Earnings	NT$242.77m
Market Cap	NT$14.38b

2009 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	5.1x
Enterprise Value/EBITDA	102.3x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does 2009's PE Ratio compare to its peers?

The above table shows the PE ratio for 2009 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	9.7x
1532 China Metal Products	7.8x	n/a	NT$13.3b
2010 Chun Yuan Steel Industry	11.4x	n/a	NT$11.6b
2031 Hsin Kuang Steel	8.5x	-11.6%	NT$15.9b
9927 Thye Ming Industrial	11.1x	n/a	NT$11.0b
2009 First Copper Technology	59.3x	n/a	NT$14.4b

Price-To-Earnings vs Peers: 2009 is expensive based on its Price-To-Earnings Ratio (59.3x) compared to the peer average (9.7x).

Price to Earnings Ratio vs Industry

How does 2009's PE Ratio compare vs other companies in the TW Metals and Mining Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap

No more companies available in this PE range

0 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: 2009 is expensive based on its Price-To-Earnings Ratio (59.3x) compared to the TW Metals and Mining industry average (18.4x).

Price to Earnings Ratio vs Fair Ratio

What is 2009'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.

2009 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	59.3x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 2009'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.

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