WITS Corp.

TPEX:4953 Stock Report

Market Cap: NT$8.1b

WITS Valuation

Is 4953 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-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 4953 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 4953 (NT$111.5) is trading below our estimate of fair value (NT$160.71)

Significantly Below Fair Value: 4953 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 4953?

Key metric: As 4953 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 4953. This is calculated by dividing 4953's market cap by their current earnings.
What is 4953's PE Ratio?
PE Ratio14.1x
EarningsNT$575.79m
Market CapNT$8.14b

Price to Earnings Ratio vs Peers

How does 4953's PE Ratio compare to its peers?

The above table shows the PE ratio for 4953 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average20.3x
6112 Metaage
28.8xn/aNT$8.9b
5403 Dimerco Data System
15.3xn/aNT$8.2b
6811 Acer E-Enabling Service Business
18.5x13.2%NT$10.0b
2427 Mercuries Data Systems
18.8xn/aNT$5.0b
4953 WITS
14.1x6.0%NT$8.1b

Price-To-Earnings vs Peers: 4953 is good value based on its Price-To-Earnings Ratio (14.1x) compared to the peer average (20.3x).

Price to Earnings Ratio vs Industry

How does 4953's PE Ratio compare vs other companies in the TW IT Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
4953 14.1xIndustry Avg. 20.1xNo. of Companies5PE01224364860+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 4953 is good value based on its Price-To-Earnings Ratio (14.1x) compared to the TW IT industry average (19.1x).

Price to Earnings Ratio vs Fair Ratio

What is 4953'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.

4953 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio14.1x
Fair PE Ratio23.9x

Price-To-Earnings vs Fair Ratio: 4953 is good value based on its Price-To-Earnings Ratio (14.1x) compared to the estimated Fair Price-To-Earnings Ratio (23.9x).

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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