Crowell Development Valuation
Is 2528 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
2/6Valuation 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 2528 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 2528 (NT$39.3) is trading below our estimate of fair value (NT$112.61)
Significantly Below Fair Value: 2528 is trading below fair value by more than 20%.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 2528?
Key metric: As 2528 barely has revenue we use its Price-To-Book Ratio for relative valuation analysis.
| What is 2528's PB Ratio? | |
|---|---|
| PB Ratio | 3x |
| Book | NT$5.41b |
| Market Cap | NT$16.06b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 1309.7x |
| Enterprise Value/EBITDA | -92x |
| PEG Ratio | n/a |
Price to Book Ratio vs Peers
How does 2528's PB Ratio compare to its peers?
| Company | Forward PB | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 1.1x | ||
3056 Fu Hua Innovation | 1.8x | n/a | NT$12.1b |
2511 Prince Housing & Development | 0.7x | n/a | NT$17.4b |
5531 Shining Building BusinessLtd | 1.2x | n/a | NT$11.4b |
2505 Kuo Yang Construction | 0.8x | n/a | NT$8.5b |
2528 Crowell Development | 3x | 236.6% | NT$16.1b |
Price-To-Book vs Peers: 2528 is expensive based on its Price-To-Book Ratio (3x) compared to the peer average (1.1x).
Price to Book Ratio vs Industry
How does 2528's PB Ratio compare vs other companies in the TW Real Estate Industry?
| 1 Company | Price / Book | Estimated Growth | Market Cap |
|---|---|---|---|
2841 Taiwan Land Development | 0.1x | n/a | US$68.42m |
| 1 Company | Estimated Growth | Market Cap |
|---|
Price-To-Book vs Industry: 2528 is expensive based on its Price-To-Book Ratio (3x) compared to the TW Real Estate industry average (1.6x).
Price to Book Ratio vs Fair Ratio
What is 2528'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.
| Fair Ratio | |
|---|---|
| Current PB Ratio | 3x |
| Fair PB Ratio | n/a |
Price-To-Book vs Fair Ratio: Insufficient data to calculate 2528'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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