Fubon No.1 Real Estate Investment Trust Valuation

Is 01001T undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

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 01001T when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 01001T (NT$13.52) is trading above our estimate of fair value (NT$6.43)

Significantly Below Fair Value: 01001T is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 01001T?

Key metric: As 01001T is unprofitable and pre-revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for 01001T. This is calculated by dividing 01001T's market cap by their current book value.
What is 01001T's PB Ratio?
PB Ratio	n/a
Book	NT$11.05b
Market Cap	NT$7.88b

01001T 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	n/a
Enterprise Value/EBITDA	n/a
PEG Ratio	n/a

Price to Book Ratio vs Peers

How does 01001T's PB Ratio compare to its peers?

The above table shows the PB ratio for 01001T 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	0.5x
01010T King's Town Millerful No.1 Real Estate Investment Trust	1x	n/a	NT$16.6b
2841 Taiwan Land Development	0.1x	n/a	NT$2.0b
808 Prosperity Real Estate Investment Trust	0.3x	n/a	HK$1.9b
ARM Árima Real Estate SOCIMI	0.8x	n/a	€216.7m
01001T Fubon No.1 Real Estate Investment Trust	n/a	n/a	NT$7.9b

Price-To-Book vs Peers: Insufficient data to calculate 01001T's Price-To-Book Ratio vs. peers for valuation analysis.

Price to Book Ratio vs Industry

How does 01001T's PB Ratio compare vs other companies in the Asian Office REITs Industry?

0 Companies	Price / Book	Estimated Growth	Market Cap

0 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Book vs Industry: Insufficient data to calculate 01001T's Price-To-Book Ratio vs. industry for valuation analysis.

Price to Book Ratio vs Fair Ratio

What is 01001T'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.

01001T PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio	n/a
Fair PB Ratio	n/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate 01001T'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.