NANTEX Industry Co., Ltd.

TWSE:2108 Stock Report

Market Cap: NT$16.8b

NANTEX Industry Valuation

Is 2108 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • 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 2108 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 2108 (NT$34.75) is trading above our estimate of fair value (NT$0.52)

Significantly Below Fair Value: 2108 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 2108?

Key metric: As 2108 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 2108. This is calculated by dividing 2108's market cap by their current earnings.
What is 2108's PE Ratio?
PE Ratio34.7x
EarningsNT$491.49m
Market CapNT$16.82b

Price to Earnings Ratio vs Peers

How does 2108's PE Ratio compare to its peers?

The above table shows the PE ratio for 2108 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average46.6x
3708 Swancor Holding
55.5x79.0%NT$10.9b
1723 China Steel Chemical
17.5x8.4%NT$22.1b
1711 Everlight Chemical Industrial
66.4xn/aNT$12.7b
5234 Daxin Materials
47.1xn/aNT$23.5b
2108 NANTEX Industry
34.8xn/aNT$17.1b

Price-To-Earnings vs Peers: 2108 is good value based on its Price-To-Earnings Ratio (34.8x) compared to the peer average (46.6x).

Price to Earnings Ratio vs Industry

How does 2108's PE Ratio compare vs other companies in the TW Chemicals Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
2108 34.7xIndustry Avg. 22.2xNo. of Companies16PE01632486480+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 2108 is expensive based on its Price-To-Earnings Ratio (34.8x) compared to the TW Chemicals industry average (22.2x).

Price to Earnings Ratio vs Fair Ratio

What is 2108'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.

2108 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio34.7x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 2108'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.

Discover undervalued companies

Tex Year Industries

NT$2.1b

Manufactures and sells of glues, adhesives, hot-melt glues and medical equipment in Taiwan, rest of Asia, Europe, Americas, and internationally.

4720

NT$20.65

7D

1.7%

1Y

37.2%

Lucky Cement

NT$5.8b

Manufactures and sells cement in the People’s Republic of China.

1108

NT$14.45

7D

-0.7%

1Y

-2.4%

Sesoda

NT$10.5b

Manufactures and markets sulfate of potash (SOP) in Taiwan.

1708

NT$43.25

7D

8.1%

1Y

38.0%