Silergy Corp.

TWSE:6415 Stock Report

Market Cap: NT$169.7b

Silergy Valuation

Is 6415 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 6415 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 6415 (NT$431) is trading below our estimate of fair value (NT$626.88)

Significantly Below Fair Value: 6415 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 6415?

Key metric: As 6415 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 6415. This is calculated by dividing 6415's market cap by their current earnings.
What is 6415's PE Ratio?
PE Ratio108.8x
EarningsNT$1.53b
Market CapNT$169.74b

Price to Earnings Ratio vs Peers

How does 6415's PE Ratio compare to its peers?

The above table shows the PE ratio for 6415 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average35.7x
5347 Vanguard International Semiconductor
22.2x2.7%NT$168.6b
2449 King Yuan Electronics
24.5x14.3%NT$154.7b
5274 ASPEED Technology
82.2x38.8%NT$159.2b
3034 Novatek Microelectronics
14.1x5.8%NT$294.2b
6415 Silergy
108.8x39.9%NT$166.3b

Price-To-Earnings vs Peers: 6415 is expensive based on its Price-To-Earnings Ratio (108.8x) compared to the peer average (35.7x).

Price to Earnings Ratio vs Industry

How does 6415'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
6415 108.8xIndustry Avg. 30.5xNo. of Companies30PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 6415 is expensive based on its Price-To-Earnings Ratio (108.8x) compared to the TW Semiconductor industry average (30.5x).

Price to Earnings Ratio vs Fair Ratio

What is 6415'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.

6415 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio108.8x
Fair PE Ratio46.7x

Price-To-Earnings vs Fair Ratio: 6415 is expensive based on its Price-To-Earnings Ratio (108.8x) compared to the estimated Fair Price-To-Earnings Ratio (46.6x).

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 6415 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentNT$431.00
NT$479.86
+11.3%
18.5%NT$605.00NT$250.00n/a17
Nov ’25NT$502.00
NT$468.97
-6.6%
23.6%NT$620.00NT$200.00n/a18
Oct ’25NT$480.00
NT$462.31
-3.7%
22.7%NT$605.00NT$200.00n/a18
Sep ’25NT$471.50
NT$451.97
-4.1%
21.3%NT$543.00NT$200.00n/a18
Aug ’25NT$456.00
NT$411.07
-9.9%
24.8%NT$542.74NT$200.00n/a17
Jul ’25NT$444.50
NT$412.07
-7.3%
24.1%NT$542.74NT$200.00n/a18
Jun ’25NT$472.00
NT$412.04
-12.7%
26.9%NT$595.06NT$200.00n/a18
May ’25NT$436.50
NT$387.45
-11.2%
30.3%NT$595.06NT$180.00n/a18
Apr ’25NT$339.00
NT$386.42
+14.0%
31.6%NT$595.06NT$180.00n/a17
Mar ’25NT$401.50
NT$394.53
-1.7%
34.3%NT$595.06NT$180.00n/a17
Feb ’25NT$393.50
NT$394.53
+0.3%
34.3%NT$595.06NT$180.00n/a17
Jan ’25NT$500.00
NT$377.82
-24.4%
33.7%NT$595.06NT$180.00n/a16
Dec ’24NT$419.00
NT$377.82
-9.8%
33.7%NT$595.06NT$180.00n/a16
Nov ’24NT$300.00
NT$300.85
+0.3%
47.1%NT$595.06NT$120.00NT$502.0013
Oct ’24NT$304.50
NT$320.15
+5.1%
48.5%NT$600.00NT$120.00NT$480.0014
Sep ’24NT$305.50
NT$320.15
+4.8%
48.5%NT$600.00NT$120.00NT$471.5014
Aug ’24NT$336.50
NT$412.93
+22.7%
25.5%NT$600.00NT$255.00NT$456.0013
Jul ’24NT$385.00
NT$427.16
+11.0%
27.3%NT$600.00NT$255.00NT$444.5013
Jun ’24NT$398.00
NT$434.77
+9.2%
25.2%NT$600.00NT$255.00NT$472.0013
May ’24NT$480.50
NT$521.42
+8.5%
21.9%NT$668.00NT$325.00NT$436.5012
Apr ’24NT$479.50
NT$521.42
+8.7%
21.9%NT$668.00NT$325.00NT$339.0012
Mar ’24NT$600.00
NT$525.25
-12.5%
25.5%NT$800.00NT$305.00NT$401.5012
Feb ’24NT$588.00
NT$525.25
-10.7%
25.5%NT$800.00NT$305.00NT$393.5012
Jan ’24NT$436.50
NT$546.42
+25.2%
27.3%NT$810.00NT$325.00NT$500.0012
Dec ’23NT$495.00
NT$554.75
+12.1%
26.4%NT$810.00NT$330.00NT$419.0012
Nov ’23NT$392.50
NT$657.00
+67.4%
29.9%NT$1,050.00NT$350.00NT$300.0012

Analyst Forecast: Target price is less than 20% higher than the current share price.

Discover undervalued companies

Materials Analysis Technology

NT$17.0b

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

3587

NT$256.50

7D

-0.6%

1Y

5.3%

United Microelectronics

NT$562.5b

Operates as a semiconductor wafer foundry in Taiwan, China, Hong Kong, Japan, Korea, the United States, Europe, and internationally.

2303

NT$44.40

7D

-1.3%

1Y

-12.1%

Sino-American Silicon Products

NT$99.8b

Engages in the research and development, design, production, and sale of semi-conductor silicon materials and components, rheostats, and optical and communications wafer materials.

5483

NT$162.50

7D

2.8%

1Y

-6.3%