Elite Advanced Laser Corporation

TWSE:3450 Stock Report

Market Cap: NT$12.8b

Elite Advanced Laser Valuation

Is 3450 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-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 3450 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 3450 (NT$89) is trading above our estimate of fair value (NT$0.34)

Significantly Below Fair Value: 3450 is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 3450?

Other financial metrics that can be useful for relative valuation.

3450 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/Revenue2.4x
Enterprise Value/EBITDA12.4x
PEG Ration/a

Price to Sales Ratio vs Peers

How does 3450's PS Ratio compare to its peers?

The above table shows the PS ratio for 3450 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average7.4x
6756 VIA Labs
6.8x17.2%NT$13.8b
2436 Weltrend Semiconductor
3.7xn/aNT$11.2b
8085 Forward Electronics
16.5xn/aNT$10.8b
6138 Anpec Electronics
2.7xn/aNT$15.6b
3450 Elite Advanced Laser
2.4xn/aNT$12.8b

Price-To-Sales vs Peers: 3450 is good value based on its Price-To-Sales Ratio (2.4x) compared to the peer average (7.4x).


Price to Earnings Ratio vs Industry

How does 3450's PE Ratio compare vs other companies in the TW Semiconductor Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a18.9%
n/an/an/a
No. of CompaniesPS048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a18.9%
n/an/an/a
No more companies

Price-To-Sales vs Industry: 3450 is good value based on its Price-To-Sales Ratio (2.4x) compared to the TW Semiconductor industry average (3.5x).


Price to Sales Ratio vs Fair Ratio

What is 3450'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.

3450 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio2.4x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 3450'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

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.