Advanced Connection Technology Inc.

TPEX:3492 Stock Report

Market Cap: NT$966.5m

Advanced Connection Technology Valuation

Is 3492 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • 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 3492 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 3492 (NT$27.2) is trading above our estimate of fair value (NT$21.79)

Significantly Below Fair Value: 3492 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 3492?

Key metric: As 3492 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 3492. This is calculated by dividing 3492's market cap by their current earnings.
What is 3492's PE Ratio?
PE Ratio23.8x
EarningsNT$40.65m
Market CapNT$966.46m

Price to Earnings Ratio vs Peers

How does 3492's PE Ratio compare to its peers?

The above table shows the PE ratio for 3492 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average28.8x
3426 Tai Shing Electronics Components
15.1xn/aNT$1.2b
6432 Arlitech Electronic
32.9xn/aNT$951.1m
6818 Advanced Wireless & Antenna
21.4xn/aNT$1.4b
6174 Aker Technology
45.7xn/aNT$1.4b
3492 Advanced Connection Technology
23.8xn/aNT$966.5m

Price-To-Earnings vs Peers: 3492 is good value based on its Price-To-Earnings Ratio (23.8x) compared to the peer average (29.1x).

Price to Earnings Ratio vs Industry

How does 3492'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
3492 23.8xIndustry Avg. 22.2xNo. of Companies51PE01632486480+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 3492 is expensive based on its Price-To-Earnings Ratio (23.8x) compared to the TW Electronic industry average (23.5x).

Price to Earnings Ratio vs Fair Ratio

What is 3492'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.

3492 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio23.8x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 3492'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.

Discover undervalued companies

LARGAN PrecisionLtd

NT$326.3b

Manufactures and sells precision optical plastic lenses in China, South Korea, Vietnam, Japan, and internationally.

3008

NT$2,445.00

7D

3.4%

1Y

2.3%

Yageo

NT$262.3b

Engages in the manufacture and sale of passive components in China, Europe, the United States, and rest of Asia.

2327

NT$509.00

7D

-4.7%

1Y

1.2%

Taiwan Union Technology

NT$44.7b

Engages in the manufacture and sale of copper foil substrates, adhesive sheets, and multi-layer laminated boards in Taiwan and internationally.

6274

NT$166.00

7D

-0.6%

1Y

35.0%