TTY Biopharm Valuation

Is 4105 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 4105 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 4105 (NT$74.1) is trading below our estimate of fair value (NT$75.16)

Significantly Below Fair Value: 4105 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 4105?

Key metric: As 4105 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 4105. This is calculated by dividing 4105's market cap by their current earnings.
What is 4105's PE Ratio?
PE Ratio	16.5x
Earnings	NT$1.12b
Market Cap	NT$18.42b

4105 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	3.2x
Enterprise Value/EBITDA	12.3x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does 4105's PE Ratio compare to its peers?

The above table shows the PE ratio for 4105 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	24x
1789 ScinoPharm Taiwan	47x	n/a	NT$18.8b
4114 Synmosa Biopharma	20.5x	n/a	NT$14.7b
3705 YungShin Global Holding	15x	n/a	NT$15.4b
1720 Standard Chemical & Pharmaceutical	13.6x	n/a	NT$11.5b
4105 TTY Biopharm	16.5x	n/a	NT$18.4b

Price-To-Earnings vs Peers: 4105 is good value based on its Price-To-Earnings Ratio (16.5x) compared to the peer average (24x).

Price to Earnings Ratio vs Industry

How does 4105's PE Ratio compare vs other companies in the TW Pharmaceuticals 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: 4105 is good value based on its Price-To-Earnings Ratio (16.5x) compared to the TW Pharmaceuticals industry average (23x).

Price to Earnings Ratio vs Fair Ratio

What is 4105'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.

4105 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	16.5x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 4105'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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