M31 Technology Corporation

TPEX:6643 Stock Report

Market Cap: NT$30.0b

M31 Technology Valuation

Is 6643 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 6643 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 6643 (NT$717) is trading above our estimate of fair value (NT$710.1)

Significantly Below Fair Value: 6643 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 6643?

Key metric: As 6643 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 6643. This is calculated by dividing 6643's market cap by their current earnings.
What is 6643's PE Ratio?
PE Ratio102.2x
EarningsNT$293.20m
Market CapNT$29.97b

Price to Earnings Ratio vs Peers

How does 6643's PE Ratio compare to its peers?

The above table shows the PE ratio for 6643 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average80.3x
4749 Advanced Echem Materials
89.2xn/aNT$54.2b
6451 ShunSin Technology Holdings
136.7xn/aNT$25.5b
8028 Phoenix Silicon International
80.8xn/aNT$24.1b
6257 Sigurd Microelectronics
14.7x7.5%NT$32.6b
6643 M31 Technology
102.2x47.8%NT$30.0b

Price-To-Earnings vs Peers: 6643 is expensive based on its Price-To-Earnings Ratio (102.2x) compared to the peer average (80.3x).

Price to Earnings Ratio vs Industry

How does 6643'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
6643 102.2xIndustry Avg. 29.9xNo. of Companies34PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 6643 is expensive based on its Price-To-Earnings Ratio (102.2x) compared to the TW Semiconductor industry average (29.9x).

Price to Earnings Ratio vs Fair Ratio

What is 6643'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.

6643 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio102.2x
Fair PE Ratio46.7x

Price-To-Earnings vs Fair Ratio: 6643 is expensive based on its Price-To-Earnings Ratio (102.2x) compared to the estimated Fair Price-To-Earnings Ratio (46.7x).

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 6643 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentNT$717.00
NT$860.50
+20.0%
19.3%NT$1,115.00NT$514.00n/a8
Dec ’25NT$720.00
NT$853.63
+18.6%
19.3%NT$1,115.00NT$514.00n/a8
Nov ’25NT$748.00
NT$1,126.88
+50.7%
13.1%NT$1,355.00NT$840.00n/a8
Oct ’25NT$832.00
NT$1,128.75
+35.7%
12.8%NT$1,355.00NT$855.00n/a8
Sep ’25NT$965.00
NT$1,246.25
+29.1%
21.1%NT$1,830.00NT$855.00n/a8
Aug ’25NT$1,155.00
NT$1,403.33
+21.5%
22.4%NT$1,833.29NT$879.17n/a8
Jul ’25NT$1,180.00
NT$1,293.33
+9.6%
22.3%NT$1,833.29NT$879.17n/a6
Jun ’25NT$912.50
NT$1,278.67
+40.1%
24.6%NT$1,833.33NT$879.17n/a5
May ’25NT$1,000.00
NT$1,598.33
+59.8%
15.3%NT$1,833.33NT$1,125.00n/a5
Apr ’25NT$1,233.33
NT$1,610.00
+30.5%
15.4%NT$1,833.33NT$1,125.00n/a5
Mar ’25NT$1,654.17
NT$1,208.33
-27.0%
29.5%NT$1,833.33NT$750.00n/a5
Feb ’25NT$1,437.50
NT$1,105.00
-23.1%
18.2%NT$1,316.67NT$750.00n/a5
Jan ’25NT$883.33
NT$977.08
+10.6%
14.1%NT$1,091.67NT$750.00NT$753.004
Dec ’24NT$828.33
NT$926.04
+11.8%
11.2%NT$1,012.50NT$750.00NT$720.004
Nov ’24NT$736.67
NT$864.58
+17.4%
14.3%NT$1,012.50NT$670.83NT$748.004
Oct ’24NT$667.50
NT$864.58
+29.5%
14.3%NT$1,012.50NT$670.83NT$832.004
Sep ’24NT$757.50
NT$834.18
+10.1%
20.7%NT$1,012.50NT$549.24NT$965.004
Aug ’24NT$724.17
NT$655.30
-9.5%
21.2%NT$893.93NT$549.24NT$1,155.004
Jul ’24NT$734.09
NT$655.30
-10.7%
21.2%NT$893.93NT$549.24NT$1,180.004
Jun ’24NT$668.18
NT$575.75
-13.8%
3.3%NT$590.91NT$549.24NT$912.503
May ’24NT$422.72
NT$485.10
+14.8%
3.4%NT$507.57NT$469.69NT$1,000.003
Apr ’24NT$504.54
NT$485.10
-3.9%
3.4%NT$507.57NT$469.69NT$1,233.333
Mar ’24NT$455.30
NT$313.38
-31.2%
15.9%NT$378.79NT$258.33NT$1,654.173
Feb ’24NT$406.06
NT$313.38
-22.8%
15.9%NT$378.79NT$258.33NT$1,437.503
Jan ’24NT$346.21
NT$313.38
-9.5%
15.9%NT$378.79NT$258.33NT$883.333

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 18:33
End of Day Share Price 2025/01/02 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

M31 Technology Corporation is covered by 14 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mike YangBofA Global Research
Liyen ChenCapital Securities Corporation
null nullCapital Securities Corporation