NeoCore Technology Valuation

Is 4131 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-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 4131 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 4131's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 4131's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 4131?

Key metric: As 4131 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 4131. This is calculated by dividing 4131's market cap by their current revenue.
What is 4131's PS Ratio?
PS Ratio	17.9x
Sales	NT$68.28m
Market Cap	NT$1.22b

4131 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	15.8x
Enterprise Value/EBITDA	-13.9x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does 4131's PS Ratio compare to its peers?

The above table shows the PS ratio for 4131 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	3x
6539 DV Biomed	0.9x	n/a	NT$1.4b
6645 Kim Forest Enterprise	3.2x	n/a	NT$1.5b
4195 Genomics BioSci & Tech.Ltd	3.1x	n/a	NT$1.3b
3164 GenMont Biotech Incorporation	4.8x	n/a	NT$1.8b
4131 NeoCore Technology	17.9x	n/a	NT$1.2b

Price-To-Sales vs Peers: 4131 is expensive based on its Price-To-Sales Ratio (17.9x) compared to the peer average (3x).

Price to Sales Ratio vs Industry

How does 4131's PS Ratio compare vs other companies in the TW Biotechs Industry?

12 Companies	Price / Sales	Estimated Growth	Market Cap
3176 Medigen Biotechnology	3.4x	n/a	US$149.86m
4169 TCM Biotech International	4.2x	n/a	US$108.51m
4160 Genetics Generation Advancement	3.6x	n/a	US$73.61m
3164 GenMont Biotech Incorporation	4.8x	n/a	US$54.06m

12 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: 4131 is good value based on its Price-To-Sales Ratio (17.9x) compared to the TW Biotechs industry average (21.1x).

Price to Sales Ratio vs Fair Ratio

What is 4131's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

4131 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	17.9x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 4131's Price-To-Sales 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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