E&R Engineering Corporation

TPEX:8027 Stock Report

Market Cap: NT$9.6b

E&R Engineering Valuation

Is 8027 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-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 8027 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 8027 (NT$95.8) is trading above our estimate of fair value (NT$6.81)

Significantly Below Fair Value: 8027 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 8027?

Key metric: As 8027 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 8027. This is calculated by dividing 8027's market cap by their current revenue.
What is 8027's PS Ratio?
PS Ratio5.8x
SalesNT$1.65b
Market CapNT$9.57b

Price to Sales Ratio vs Peers

How does 8027's PS Ratio compare to its peers?

The above table shows the PS ratio for 8027 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average5.1x
8064 Contrel Technology
3.6x12.9%NT$9.7b
3663 ThinTech Materials Technology
4.4x35.6%NT$8.5b
7751 Horng Terng Automation
11.3xn/aNT$10.8b
3691 Giga Solar Materials
1.2xn/aNT$8.0b
8027 E&R Engineering
5.8xn/aNT$9.6b

Price-To-Sales vs Peers: 8027 is expensive based on its Price-To-Sales Ratio (5.8x) compared to the peer average (5.1x).

Price to Sales Ratio vs Industry

How does 8027's PS Ratio compare vs other companies in the TW Semiconductor Industry?

9 CompaniesPrice / SalesEstimated GrowthMarket Cap
6196 Marketech International
0.5x8.6%US$929.33m
6120 Darwin Precisions
0.4xn/aUS$274.58m
4967 Team Group
0.3x-13.1%US$216.20m
8096 CoAsia Electronics
0.2xn/aUS$172.70m
8027 5.8xIndustry Avg. 3.5xNo. of Companies40PS02.44.87.29.612+
9 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 8027 is expensive based on its Price-To-Sales Ratio (5.8x) compared to the TW Semiconductor industry average (3.5x).

Price to Sales Ratio vs Fair Ratio

What is 8027's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

8027 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio5.8x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 8027's Price-To-Sales 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.

Discover undervalued companies

Materials Analysis Technology

NT$17.1b

Engages in the research and development, and intellectual property services in Taiwan, Mainland China, Japan, the United States, and internationally.

3587

NT$258.00

7D

-0.6%

1Y

8.9%

United Microelectronics

NT$556.9b

Operates as a semiconductor wafer foundry in Taiwan, China, Hong Kong, Japan, Korea, the United States, Europe, and internationally.

2303

NT$44.45

7D

-1.2%

1Y

-11.6%

Taiwan Semiconductor Manufacturing

NT$27.0t

Manufactures, packages, tests, and sells integrated circuits and other semiconductor devices in Taiwan, China, Europe, the Middle East, Africa, Japan, the United States, and internationally.

2330

NT$1,040.00

7D

0.5%

1Y

80.9%