Yuen Chang Stainless Steel Co., Ltd.

TWSE:2069 Stock Report

Market Cap: NT$3.1b

Yuen Chang Stainless Steel Valuation

Is 2069 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • 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 2069 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 2069 (NT$18.75) is trading below our estimate of fair value (NT$20.33)

Significantly Below Fair Value: 2069 is trading below fair value, but not by a significant amount.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 2069?

Key metric: As 2069 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 2069. This is calculated by dividing 2069's market cap by their current earnings.
What is 2069's PE Ratio?
PE Ratio17.9x
EarningsNT$174.51m
Market CapNT$3.09b

Price to Earnings Ratio vs Peers

How does 2069's PE Ratio compare to its peers?

The above table shows the PE ratio for 2069 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average38.2x
5014 Chain Chon Industrial
40.6xn/aNT$2.8b
7702 APEX Wind Power Equipment Manufacturing
45.4xn/aNT$3.5b
2030 Froch Enterprise
28.7xn/aNT$5.0b
2017 Quintain Steel
37.9xn/aNT$5.0b
2069 Yuen Chang Stainless Steel
17.9xn/aNT$3.1b

Price-To-Earnings vs Peers: 2069 is good value based on its Price-To-Earnings Ratio (17.9x) compared to the peer average (37.4x).


Price to Earnings Ratio vs Industry

How does 2069's PE Ratio compare vs other companies in the TW Metals and Mining Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
2069 17.9xIndustry Avg. 18.8xNo. of Companies7PE01632486480+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 2069 is good value based on its Price-To-Earnings Ratio (17.9x) compared to the TW Metals and Mining industry average (18.8x).


Price to Earnings Ratio vs Fair Ratio

What is 2069'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.

2069 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio17.9x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 2069'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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