Laster Tech Co., Ltd.

TWSE:3346 Stock Report

Market Cap: NT$2.3b

Laster Tech Valuation

Is 3346 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • 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 3346 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

NT$261.43
Fair Value
93.0% undervalued intrinsic discount
2
Number of Analysts

Below Fair Value: 3346 (NT$18.25) is trading below our estimate of fair value (NT$261.43)

Significantly Below Fair Value: 3346 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 3346?

Key metric: As 3346 is barely profitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 3346. This is calculated by dividing 3346's market cap by their current revenue.
What is 3346's PS Ratio?
PS Ratio0.2x
SalesNT$8.92b
Market CapNT$2.27b

Price to Sales Ratio vs Peers

How does 3346's PS Ratio compare to its peers?

The above table shows the PS ratio for 3346 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average1.3x
6834 Ever Ohms TechnologyLtd
1.7xn/aNT$2.5b
3591 Edison Opto
1xn/aNT$2.5b
3633 Epoch Chemtronics
0.5xn/aNT$2.7b
8162 Micro Silicon Electronics
1.8xn/aNT$2.3b
3346 Laster Tech
0.2x9.21%NT$2.2b

Price-To-Sales vs Peers: 3346 is good value based on its Price-To-Sales Ratio (0.2x) compared to the peer average (1.3x).

Price to Sales Ratio vs Industry

How does 3346's PS Ratio compare vs other companies in the TW Semiconductor Industry?

8 CompaniesPrice / SalesEstimated GrowthMarket Cap
Industry Avg.3.0x16.2%
3346 Laster Tech
 0.2x9.21%US$70.37m
8096 CoAsia Electronics
0.2xn/aUS$210.21m
6120 Darwin Precisions
0.3xn/aUS$195.30m
3346 0.2xIndustry Avg. 3.0xNo. of Companies34PS0246810+
8 CompaniesEstimated GrowthMarket Cap
Industry Avg.3.0x18.9%
3346 Laster Tech
 0.2x235.29%US$70.37m
No more companies

Price-To-Sales vs Industry: 3346 is good value based on its Price-To-Sales Ratio (0.2x) compared to the TW Semiconductor industry average (3x).

Price to Sales Ratio vs Fair Ratio

What is 3346'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.

3346 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.2x
Fair PS Ratio0.7x

Price-To-Sales vs Fair Ratio: 3346 is good value based on its Price-To-Sales Ratio (0.2x) compared to the estimated Fair Price-To-Sales Ratio (0.7x).

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 3346 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentNT$18.25
NT$34.00
+86.30%
26.47%NT$43.00NT$25.00n/a2
Nov ’26NT$20.80
NT$34.00
+63.46%
26.47%NT$43.00NT$25.00n/a2
Oct ’26NT$22.30
NT$34.00
+52.47%
26.47%NT$43.00NT$25.00n/a2
May ’26NT$28.55
NT$44.67
+56.45%
5.28%NT$48.00NT$43.00n/a3
Apr ’26NT$30.10
NT$44.00
+46.18%
5.33%NT$48.00NT$42.00n/a4
Mar ’26NT$34.85
NT$44.00
+26.26%
5.33%NT$48.00NT$42.00n/a4
Feb ’26n/a
NT$44.00
0%
5.33%NT$48.00NT$42.00n/a4
Jan ’26NT$34.70
NT$44.00
+26.80%
5.33%NT$48.00NT$42.00n/a4
Dec ’25NT$39.10
NT$44.00
+12.53%
5.33%NT$48.00NT$42.00n/a4
Nov ’25NT$38.30
NT$44.00
+14.88%
5.33%NT$48.00NT$42.00NT$20.804
Oct ’25NT$37.95
NT$45.00
+18.58%
5.67%NT$48.00NT$42.00NT$22.304
Sep ’25NT$39.80
NT$52.25
+31.28%
10.60%NT$60.00NT$47.00NT$23.704
Aug ’25NT$40.10
NT$52.25
+30.30%
10.60%NT$60.00NT$47.00NT$23.954
Jul ’25NT$41.65
NT$55.50
+33.25%
9.58%NT$60.00NT$47.00NT$24.804
Jun ’25NT$41.35
NT$55.50
+34.22%
9.58%NT$60.00NT$47.00NT$26.904
May ’25NT$42.80
NT$60.50
+41.36%
16.38%NT$75.00NT$47.00NT$28.554
Apr ’25NT$48.70
NT$66.67
+36.89%
9.35%NT$75.00NT$60.00NT$30.103
Mar ’25NT$51.50
NT$65.67
+27.51%
7.49%NT$72.00NT$60.00NT$34.853
Feb ’25NT$48.20
NT$65.67
+36.24%
7.49%NT$72.00NT$60.00n/a3
Jan ’25NT$52.70
NT$65.67
+24.60%
7.49%NT$72.00NT$60.00NT$34.703
NT$34
Fair Value
46.3% undervalued intrinsic discount
2
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/21 16:54
End of Day Share Price 2025/11/21 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

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.

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 Github.

Analyst Sources

Laster Tech Co., Ltd. is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Liangyu KoMasterlink Securities Corp.
Chin-Wun ChenYuanta Research