WIN Semiconductors Corp.

TPEX:3105 Stock Report

Market Cap: NT$47.5b

WIN Semiconductors Valuation

Is 3105 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 3105 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 3105 (NT$112) is trading above our estimate of fair value (NT$48.19)

Significantly Below Fair Value: 3105 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 3105?

Key metric: As 3105 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 3105. This is calculated by dividing 3105's market cap by their current earnings.
What is 3105's PE Ratio?
PE Ratio31.5x
EarningsNT$1.51b
Market CapNT$47.48b

Price to Earnings Ratio vs Peers

How does 3105's PE Ratio compare to its peers?

The above table shows the PE ratio for 3105 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average21.9x
2458 ELAN Microelectronics
16x8.2%NT$43.2b
6147 Chipbond Technology
12.1x2.2%NT$48.0b
6531 AP Memory Technology
35.5x23.9%NT$51.4b
4966 Parade Technologies
23.9x22.3%NT$60.8b
3105 WIN Semiconductors
31.5x26.8%NT$47.5b

Price-To-Earnings vs Peers: 3105 is expensive based on its Price-To-Earnings Ratio (31.5x) compared to the peer average (21.9x).

Price to Earnings Ratio vs Industry

How does 3105's PE Ratio compare vs other companies in the TW Semiconductor Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
4944 Crystalwise Technology
4xn/aUS$15.69m
No more companies available in this PE range
3105 31.5xIndustry Avg. 29.9xNo. of Companies30PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 3105 is expensive based on its Price-To-Earnings Ratio (31.5x) compared to the TW Semiconductor industry average (29.9x).

Price to Earnings Ratio vs Fair Ratio

What is 3105'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.

3105 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio31.5x
Fair PE Ratio27.2x

Price-To-Earnings vs Fair Ratio: 3105 is expensive based on its Price-To-Earnings Ratio (31.5x) compared to the estimated Fair Price-To-Earnings Ratio (27.2x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 3105 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentNT$112.00
NT$127.68
+14.0%
16.5%NT$170.00NT$93.50n/a14
Dec ’25NT$115.50
NT$130.86
+13.3%
14.4%NT$170.00NT$100.00n/a14
Nov ’25NT$120.00
NT$133.36
+11.1%
16.9%NT$180.00NT$100.00n/a14
Oct ’25NT$135.00
NT$153.57
+13.8%
17.9%NT$202.00NT$100.00n/a14
Sep ’25NT$137.00
NT$153.57
+12.1%
17.9%NT$202.00NT$100.00n/a14
Aug ’25NT$138.50
NT$155.00
+11.9%
18.9%NT$202.00NT$100.00n/a14
Jul ’25NT$175.00
NT$165.18
-5.6%
20.8%NT$245.00NT$105.00n/a14
Jun ’25NT$141.50
NT$161.83
+14.4%
19.8%NT$245.00NT$105.00n/a15
May ’25NT$146.00
NT$161.84
+10.9%
19.2%NT$245.00NT$105.00n/a16
Apr ’25NT$148.00
NT$165.62
+11.9%
18.3%NT$245.00NT$105.00n/a16
Mar ’25NT$155.50
NT$162.31
+4.4%
20.1%NT$245.00NT$105.00n/a16
Feb ’25NT$152.50
NT$152.30
-0.1%
20.4%NT$245.00NT$115.00n/a15
Jan ’25NT$159.00
NT$152.30
-4.2%
20.4%NT$245.00NT$115.00n/a15
Dec ’24NT$167.50
NT$145.66
-13.0%
22.9%NT$245.00NT$105.00NT$115.5016
Nov ’24NT$147.00
NT$142.22
-3.3%
24.7%NT$245.00NT$100.00NT$120.0016
Oct ’24NT$129.00
NT$144.68
+12.2%
25.8%NT$245.00NT$98.00NT$135.0016
Sep ’24NT$140.50
NT$141.23
+0.5%
25.0%NT$245.00NT$98.00NT$137.0017
Aug ’24NT$150.00
NT$141.23
-5.8%
25.0%NT$245.00NT$98.00NT$138.5017
Jul ’24NT$164.00
NT$152.31
-7.1%
29.3%NT$253.00NT$93.00NT$175.0017
Jun ’24NT$158.00
NT$148.55
-6.0%
28.5%NT$253.00NT$93.00NT$141.5017
May ’24NT$163.50
NT$153.14
-6.3%
27.1%NT$253.00NT$95.00NT$146.0017
Apr ’24NT$182.50
NT$162.86
-10.8%
27.7%NT$258.00NT$90.00NT$148.0017
Mar ’24NT$166.50
NT$153.42
-7.9%
28.2%NT$258.00NT$90.00NT$155.5016
Feb ’24NT$191.50
NT$133.18
-30.5%
35.6%NT$258.00NT$71.00NT$152.5017
Jan ’24NT$136.50
NT$132.59
-2.9%
35.5%NT$258.00NT$71.00NT$159.0017
Dec ’23NT$162.50
NT$130.82
-19.5%
36.1%NT$258.00NT$71.00NT$167.5017

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/31 19:02
End of Day Share Price 2024/12/31 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

WIN Semiconductors Corp. is covered by 26 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ping-Heng WuBarclays
Brad LinBofA Global Research
Changrong ChenCapital Securities Corporation