Axiomtek Co., Ltd.

TPEX:3088 Stock Report

Market Cap: NT$11.1b

Axiomtek Valuation

Is 3088 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 3088 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 3088 (NT$105.5) is trading above our estimate of fair value (NT$66.78)

Significantly Below Fair Value: 3088 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 3088?

Key metric: As 3088 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 3088. This is calculated by dividing 3088's market cap by their current earnings.
What is 3088's PE Ratio?
PE Ratio15.5x
EarningsNT$694.56m
Market CapNT$11.09b

Price to Earnings Ratio vs Peers

How does 3088's PE Ratio compare to its peers?

The above table shows the PE ratio for 3088 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average18.6x
6143 Netronix
20.1xn/aNT$11.0b
3611 TSC Auto ID Technology
14.2x24.1%NT$10.0b
2495 Infortrend Technology
22.1xn/aNT$10.4b
3483 Forcecon Technology
18.1xn/aNT$13.2b
3088 Axiomtek
15.5xn/aNT$11.1b

Price-To-Earnings vs Peers: 3088 is good value based on its Price-To-Earnings Ratio (15.5x) compared to the peer average (18.6x).

Price to Earnings Ratio vs Industry

How does 3088's PE Ratio compare vs other companies in the TW Tech Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
3088 15.5xIndustry Avg. 22.4xNo. of Companies12PE01224364860+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 3088 is good value based on its Price-To-Earnings Ratio (15.5x) compared to the TW Tech industry average (22.4x).

Price to Earnings Ratio vs Fair Ratio

What is 3088'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.

3088 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio15.5x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 3088's Price-To-Earnings 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?

The above table shows the analyst 3088 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentNT$105.00
NT$114.00
+8.6%
3.5%NT$118.00NT$110.00n/a2
Jun ’25NT$97.40
NT$97.00
-0.4%
1.0%NT$98.00NT$96.00n/a2
May ’25NT$85.80
NT$97.00
+13.1%
1.0%NT$98.00NT$96.00n/a2
Apr ’25NT$90.90
NT$97.00
+6.7%
1.0%NT$98.00NT$96.00n/a2
Mar ’25NT$87.00
NT$97.00
+11.5%
1.0%NT$98.00NT$96.00n/a2
Feb ’25NT$83.90
NT$97.00
+15.6%
1.0%NT$98.00NT$96.00n/a2
Jan ’25NT$88.00
NT$96.50
+9.7%
0.5%NT$97.00NT$96.00n/a2
Nov ’24NT$81.10
NT$89.57
+10.4%
11.6%NT$100.00NT$79.14NT$100.002
Oct ’24NT$90.20
NT$89.57
-0.7%
11.6%NT$100.00NT$79.14NT$89.002
Jun ’24NT$72.86
NT$65.92
-9.5%
14.2%NT$79.14NT$59.13NT$97.403
May ’24NT$68.41
NT$59.31
-13.3%
0.3%NT$59.49NT$59.13NT$85.802
Apr ’24NT$69.86
NT$59.31
-15.1%
0.3%NT$59.49NT$59.13NT$90.902
Mar ’24NT$64.95
NT$59.31
-8.7%
0.3%NT$59.49NT$59.13NT$87.002
Feb ’24NT$54.85
NT$59.31
+8.1%
0.3%NT$59.49NT$59.13NT$83.902
Jan ’24NT$53.67
NT$59.31
+10.5%
0.3%NT$59.49NT$59.13NT$88.002
Dec ’23NT$52.49
NT$60.67
+15.6%
2.5%NT$62.22NT$59.13NT$88.502

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

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