Progate Group Valuation

Q: What is the Fair Price of 8227 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

8227 (NT$174.5) is trading below our estimate of [[fair value]] (NT$327.32)

Is 8227 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

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 8227 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 8227 (NT$174.5) is trading below our estimate of fair value (NT$327.32)

Significantly Below Fair Value: 8227 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 8227?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for 8227. This is calculated by dividing 8227's market cap by their current preferred multiple.
What is 8227's n/a Ratio?
n/a	0x
n/a	n/a
Market Cap	NT$6.90b

8227 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	6.3x
Enterprise Value/EBITDA	50.3x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does 8227's PE Ratio compare to its peers?

The above table shows the PE ratio for 8227 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	16.6x
7707 CMSC	36.5x	n/a	NT$7.2b
3188 Golden Long Teng Development	8.8x	n/a	NT$5.3b
6291 Analog Integrations	10.3x	n/a	NT$4.4b
4967 Team Group	10.9x	-28.1%	NT$7.2b
8227 Progate Group	60.3x	n/a	NT$6.9b

Price-To-Earnings vs Peers: 8227 is expensive based on its Price-To-Earnings Ratio (60.3x) compared to the peer average (16.6x).

Price to Earnings Ratio vs Industry

How does 8227's PE Ratio compare vs other companies in the TW Semiconductor Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	20.8%
	n/a	n/a	n/a

Fetching data

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	20.8%
	n/a	n/a	n/a

No more companies

Price-To-Earnings vs Industry: 8227 is expensive based on its Price-To-Earnings Ratio (60.3x) compared to the TW Semiconductor industry average (31.3x).

Price to Earnings Ratio vs Fair Ratio

What is 8227'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.

8227 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	60.3x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 8227'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.