Collins Valuation

Is 2906 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-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 2906 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 2906 (NT$17.8) is trading above our estimate of fair value (NT$2.07)

Significantly Below Fair Value: 2906 is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 2906?

Key metric: As 2906 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 2906. This is calculated by dividing 2906's market cap by their current earnings.
What is 2906's PE Ratio?
PE Ratio34.7x
EarningsNT$107.15m
Market CapNT$3.74b

Price to Earnings Ratio vs Peers

How does 2906's PE Ratio compare to its peers?

The above table shows the PE ratio for 2906 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average20.2x
2916 Munsin Garment
12.6xn/aNT$3.1b
9902 Tidehold Development
20.7xn/aNT$1.7b
2937 Gseven
11.6xn/aNT$1.4b
2908 Test-Rite International
36xn/aNT$10.4b
2906 Collins
34.7xn/aNT$3.7b

Price-To-Earnings vs Peers: 2906 is expensive based on its Price-To-Earnings Ratio (34.7x) compared to the peer average (20.2x).


Price to Earnings Ratio vs Industry

How does 2906's PE Ratio compare vs other companies in the Asian Retail Distributors Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
2906 34.7xIndustry Avg. 18.7xNo. of Companies27PE01632486480+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 2906 is expensive based on its Price-To-Earnings Ratio (34.7x) compared to the Asian Retail Distributors industry average (18.7x).


Price to Earnings Ratio vs Fair Ratio

What is 2906'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.

2906 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio34.7x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 2906'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.


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