San Fu Chemical Co., Ltd.

TWSE:4755 Stock Report

Market Cap: NT$12.2b

San Fu Chemical Valuation

Is 4755 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 4755 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 4755 (NT$121) is trading above our estimate of fair value (NT$111.09)

Significantly Below Fair Value: 4755 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 4755?

Key metric: As 4755 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 4755. This is calculated by dividing 4755's market cap by their current earnings.
What is 4755's PE Ratio?
PE Ratio27.3x
EarningsNT$447.00m
Market CapNT$12.19b

Price to Earnings Ratio vs Peers

How does 4755's PE Ratio compare to its peers?

The above table shows the PE ratio for 4755 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average37.8x
1711 Everlight Chemical Industrial
66.4xn/aNT$12.7b
6509 Taiwan Hopax Chemicals Manufacturing
16.5xn/aNT$8.4b
3708 Swancor Holding
55.5x79.0%NT$10.9b
6585 DingZing Advanced Materials
13x13.7%NT$9.2b
4755 San Fu Chemical
27.3x23.2%NT$12.2b

Price-To-Earnings vs Peers: 4755 is good value based on its Price-To-Earnings Ratio (27.3x) compared to the peer average (37.8x).

Price to Earnings Ratio vs Industry

How does 4755'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
4755 27.3xIndustry Avg. 22.4xNo. of Companies16PE01632486480+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 4755 is expensive based on its Price-To-Earnings Ratio (27.3x) compared to the TW Chemicals industry average (22.4x).

Price to Earnings Ratio vs Fair Ratio

What is 4755'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.

4755 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio27.3x
Fair PE Ratio20.2x

Price-To-Earnings vs Fair Ratio: 4755 is expensive based on its Price-To-Earnings Ratio (27.3x) compared to the estimated Fair Price-To-Earnings Ratio (20.2x).

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 4755 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentNT$121.00
NT$140.50
+16.1%
3.9%NT$146.00NT$135.00n/a2
Jul ’25NT$139.50
NT$158.00
+13.3%
19.6%NT$189.00NT$127.00n/a2
Jun ’25NT$141.50
NT$158.00
+11.7%
19.6%NT$189.00NT$127.00n/a2
May ’25NT$145.50
NT$158.00
+8.6%
19.6%NT$189.00NT$127.00n/a2
Apr ’25NT$158.00
NT$158.00
0%
19.6%NT$189.00NT$127.00n/a2
Mar ’25NT$152.00
NT$158.00
+3.9%
19.6%NT$189.00NT$127.00n/a2
Feb ’25NT$128.00
NT$158.00
+23.4%
19.6%NT$189.00NT$127.00n/a2
Jan ’25NT$125.50
NT$158.00
+25.9%
19.6%NT$189.00NT$127.00n/a2
Dec ’24NT$129.50
NT$163.50
+26.3%
15.6%NT$189.00NT$138.00n/a2
Nov ’24NT$122.00
NT$163.50
+34.0%
15.6%NT$189.00NT$138.00NT$129.502
Oct ’24NT$135.00
NT$163.50
+21.1%
15.6%NT$189.00NT$138.00NT$136.502
Sep ’24NT$133.00
NT$163.50
+22.9%
15.6%NT$189.00NT$138.00NT$131.502
Feb ’24NT$132.50
NT$132.50
0%
32.1%NT$175.00NT$90.00NT$128.002
Jan ’24NT$115.00
NT$132.50
+15.2%
32.1%NT$175.00NT$90.00NT$125.502
Dec ’23NT$131.50
NT$132.50
+0.8%
32.1%NT$175.00NT$90.00NT$129.502
Nov ’23NT$109.00
NT$164.50
+50.9%
6.4%NT$175.00NT$154.00NT$122.002

Analyst Forecast: Target price is less than 20% higher than the current share price.

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