Davicom Semiconductor Valuation

Is 3094 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 3094 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 3094 (NT$29.35) is trading above our estimate of fair value (NT$0.51)

Significantly Below Fair Value: 3094 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 3094?

Key metric: As 3094 is barely profitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 3094. This is calculated by dividing 3094's market cap by their current revenue.
What is 3094's PS Ratio?
PS Ratio	13.4x
Sales	NT$181.44m
Market Cap	NT$2.47b

3094 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	10.4x
Enterprise Value/EBITDA	-214.7x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does 3094's PS Ratio compare to its peers?

The above table shows the PS ratio for 3094 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	3.4x
8162 Micro Silicon Electronics	2.6x	n/a	NT$2.7b
5315 United Radiant Technology	1.7x	n/a	NT$2.4b
5244 Brightek Optoelectronic	3x	n/a	NT$2.7b
6233 Prolific Technology	6.1x	n/a	NT$2.5b
3094 Davicom Semiconductor	13.4x	n/a	NT$2.5b

Price-To-Sales vs Peers: 3094 is expensive based on its Price-To-Sales Ratio (13.4x) compared to the peer average (3.4x).

Price to Sales Ratio vs Industry

How does 3094's PS Ratio compare vs other companies in the TW Semiconductor Industry?

9 Companies	Price / Sales	Estimated Growth	Market Cap
6196 Marketech International	0.5x	8.6%	US$919.88m
6120 Darwin Precisions	0.4x	n/a	US$273.40m
4967 Team Group	0.3x	-13.1%	US$221.06m
8096 CoAsia Electronics	0.2x	n/a	US$175.15m

9 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: 3094 is expensive based on its Price-To-Sales Ratio (13.4x) compared to the TW Semiconductor industry average (3.5x).

Price to Sales Ratio vs Fair Ratio

What is 3094'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.

3094 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	13.4x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 3094'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

Chipbond Technology

NT$47.7b

Engages in the research, development, manufacture, and sale of driver IC and non-driver IC packaging and testing services in Taiwan and Mainland China.

6147

NT$64.00

2.4%

-8.3%

GlobalWafers

NT$205.3b

Researches, designs, develops, and manufactures semiconductor ingots and wafers in Taiwan and internationally.

6488

NT$429.50

-0.7%

-19.3%

Materials Analysis Technology

NT$17.2b

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

3587

NT$260.00

1.2%

11.8%