Eclat Forever Machinery Co., Ltd.

TPEX:3485 Stock Report

Market Cap: NT$2.3b

Eclat Forever Machinery Valuation

Is 3485 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • 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 3485 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 3485 (NT$68.2) is trading below our estimate of fair value (NT$186.34)

Significantly Below Fair Value: 3485 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 3485?

Key metric: As 3485 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 3485. This is calculated by dividing 3485's market cap by their current earnings.
What is 3485's PE Ratio?
PE Ratio9.9x
EarningsNT$235.78m
Market CapNT$2.33b

Price to Earnings Ratio vs Peers

How does 3485's PE Ratio compare to its peers?

The above table shows the PE ratio for 3485 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average27.2x
7704 Finesse Technology
31.2xn/aNT$2.9b
6532 Calitech
21.7xn/aNT$2.8b
7556 Yeedex Electronic
24.6xn/aNT$3.3b
7730 Nano Electronics and Micro System Technologies
31.3xn/aNT$3.1b
3485 Eclat Forever Machinery
9.9xn/aNT$2.3b

Price-To-Earnings vs Peers: 3485 is good value based on its Price-To-Earnings Ratio (9.9x) compared to the peer average (27.2x).

Price to Earnings Ratio vs Industry

How does 3485'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
3485 9.9xIndustry Avg. 31.7xNo. of Companies31PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 3485 is good value based on its Price-To-Earnings Ratio (9.9x) compared to the TW Semiconductor industry average (31.7x).

Price to Earnings Ratio vs Fair Ratio

What is 3485'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.

3485 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio9.9x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 3485'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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