Kunyue Development Valuation

Q: What is the Fair Price of 5206 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

5206 (NT$40.65) is trading above our estimate of [[fair value]] (NT$19.4)

Is 5206 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-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 5206 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 5206 (NT$40.65) is trading above our estimate of fair value (NT$19.4)

Significantly Below Fair Value: 5206 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 5206?

Key metric: As 5206 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 5206. This is calculated by dividing 5206's market cap by their current earnings.
What is 5206's PE Ratio?
PE Ratio	10.8x
Earnings	NT$587.07m
Market Cap	NT$6.34b

5206 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	3.6x
Enterprise Value/EBITDA	18.6x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does 5206's PE Ratio compare to its peers?

The above table shows the PE ratio for 5206 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	12.4x
6212 Li Ming Development Construction	7.7x	n/a	NT$6.1b
4113 We & Win Diversification	10.9x	n/a	NT$7.4b
3266 Sunty Development	15x	n/a	NT$6.8b
6186 Shin Ruenn development	15.8x	n/a	NT$10.8b
5206 Kunyue Development	10.8x	n/a	NT$6.3b

Price-To-Earnings vs Peers: 5206 is good value based on its Price-To-Earnings Ratio (10.8x) compared to the peer average (12.4x).

Price to Earnings Ratio vs Industry

How does 5206's PE Ratio compare vs other companies in the TW Real Estate 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: 5206 is good value based on its Price-To-Earnings Ratio (10.8x) compared to the TW Real Estate industry average (15.6x).

Price to Earnings Ratio vs Fair Ratio

What is 5206'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.

5206 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	10.8x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 5206'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

Da-Li DevelopmentLtd

NT$19.0b

Together its subsidiaries, operates construction business in Taiwan and the United States.

6177

NT$44.40

1.8%

37.7%

Fu Yu Property

NT$8.3b

Engages in the development, rental, and sale of residential buildings in Taiwan.

4907

NT$70.20

6.0%

90.2%

Long Bon InternationalLtd

NT$7.6b

Engages in real estate development in Taiwan and China.

2514

NT$21.30

1.2%

31.9%