Ability Opto-Electronics Technology Co.,Ltd.

TPEX:3362 Stock Report

Market Cap: NT$29.5b

Ability Opto-Electronics TechnologyLtd Valuation

Is 3362 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • 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 3362 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 3362 (NT$209) is trading above our estimate of fair value (NT$16.62)

Significantly Below Fair Value: 3362 is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 3362?

Key metric: As 3362 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 3362. This is calculated by dividing 3362's market cap by their current earnings.
What is 3362's PE Ratio?
PE Ratio80.7x
EarningsNT$368.74m
Market CapNT$29.49b

Price to Earnings Ratio vs Peers

How does 3362's PE Ratio compare to its peers?

The above table shows the PE ratio for 3362 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average24.9x
3019 Asia Optical
20.9xn/aNT$31.6b
2392 Cheng Uei Precision Industry
23.7xn/aNT$37.0b
2367 Unitech Printed Circuit Board
23.2xn/aNT$21.7b
6213 ITEQ
31.7x39.4%NT$28.6b
3362 Ability Opto-Electronics TechnologyLtd
80.7xn/aNT$29.5b

Price-To-Earnings vs Peers: 3362 is expensive based on its Price-To-Earnings Ratio (80.7x) compared to the peer average (24.9x).


Price to Earnings Ratio vs Industry

How does 3362's PE Ratio compare vs other companies in the TW Electronic Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
3362 80.7xIndustry Avg. 22.5xNo. of Companies48PE01632486480+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 3362 is expensive based on its Price-To-Earnings Ratio (80.7x) compared to the TW Electronic industry average (22.5x).


Price to Earnings Ratio vs Fair Ratio

What is 3362'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.

3362 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio80.7x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 3362'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?

Analyst Forecast: Insufficient data to show price forecast.


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