Shine-On BioMedicalLtd Valuation

Is 6926 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

Below Fair Value
Significantly Below Fair Value
Price-To-Book vs Peers
Price-To-Book vs Industry
Price-To-Book vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 6926 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 6926's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 6926's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 6926?

Key metric: As 6926 barely has revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for 6926. This is calculated by dividing 6926's market cap by their current book value.
What is 6926's PB Ratio?
PB Ratio	3x
Book	NT$1.09b
Market Cap	NT$3.28b

6926 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	230.2x
Enterprise Value/EBITDA	-24.5x
PEG Ratio	n/a

Price to Book Ratio vs Peers

How does 6926's PB Ratio compare to its peers?

The above table shows the PB ratio for 6926 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PB	Estimated Growth	Market Cap
Peer Average	4.3x
6580 TaiRx	4.6x	n/a	NT$3.3b
4169 TCM Biotech International	3.4x	n/a	NT$3.5b
1783 Maxigen Biotech	2.9x	n/a	NT$3.9b
6657 Energenesis BiomedicalLTD	6.4x	n/a	NT$4.1b
6926 Shine-On BioMedicalLtd	3x	n/a	NT$3.3b

Price-To-Book vs Peers: 6926 is good value based on its Price-To-Book Ratio (3x) compared to the peer average (4.3x).

Price to Book Ratio vs Industry

How does 6926's PB Ratio compare vs other companies in the TW Biotechs Industry?

0 Companies	Price / Book	Estimated Growth	Market Cap

No more companies available in this PB range

0 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Book vs Industry: 6926 is good value based on its Price-To-Book Ratio (3x) compared to the TW Biotechs industry average (3.8x).

Price to Book Ratio vs Fair Ratio

What is 6926's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

6926 PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio	3x
Fair PB Ratio	n/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate 6926's Price-To-Book 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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