Silicon Integrated Systems Corp.

TWSE:2363 Stock Report

Market Cap: NT$34.7b

Silicon Integrated Systems Valuation

Is 2363 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 2363 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 2363 (NT$71.2) is trading above our estimate of fair value (NT$5.08)

Significantly Below Fair Value: 2363 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 2363?

Key metric: As 2363 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 2363. This is calculated by dividing 2363's market cap by their current earnings.
What is 2363's PE Ratio?
PE Ratio86.3x
EarningsNT$402.09m
Market CapNT$34.69b

Price to Earnings Ratio vs Peers

How does 2363's PE Ratio compare to its peers?

The above table shows the PE ratio for 2363 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average19.8x
6257 Sigurd Microelectronics
15.4xn/aNT$34.5b
2393 Everlight Electronics
15.5x0.6%NT$35.0b
4919 Nuvoton Technology
39.8x82.4%NT$39.4b
3260 ADATA Technology
8.6xn/aNT$26.8b
2363 Silicon Integrated Systems
86.3xn/aNT$34.7b

Price-To-Earnings vs Peers: 2363 is expensive based on its Price-To-Earnings Ratio (86.3x) compared to the peer average (19.8x).

Price to Earnings Ratio vs Industry

How does 2363'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
2363 86.3xIndustry Avg. 31.2xNo. of Companies31PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 2363 is expensive based on its Price-To-Earnings Ratio (86.3x) compared to the TW Semiconductor industry average (30.8x).

Price to Earnings Ratio vs Fair Ratio

What is 2363'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.

2363 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio86.3x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 2363'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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