Cypress Technology Co.,Ltd.

TPEX:3541 Stock Report

Market Cap: NT$1.6b

Cypress TechnologyLtd Valuation

Is 3541 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-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 3541 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 3541 (NT$28.55) is trading above our estimate of fair value (NT$0.01)

Significantly Below Fair Value: 3541 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 3541?

Key metric: As 3541 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 3541. This is calculated by dividing 3541's market cap by their current revenue.
What is 3541's PS Ratio?
PS Ratio1.7x
SalesNT$928.73m
Market CapNT$1.59b

Price to Sales Ratio vs Peers

How does 3541's PS Ratio compare to its peers?

The above table shows the PS ratio for 3541 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average2.1x
6648 Das Technology
2.2xn/aNT$1.3b
6164 Ledtech Electronics
1.6xn/aNT$1.3b
8072 AV TECH
2.2xn/aNT$2.2b
4577 Ofuna Technology
2.5xn/aNT$1.3b
3541 Cypress TechnologyLtd
1.7xn/aNT$1.6b

Price-To-Sales vs Peers: 3541 is good value based on its Price-To-Sales Ratio (1.7x) compared to the peer average (2.1x).

Price to Sales Ratio vs Industry

How does 3541's PS Ratio compare vs other companies in the TW Electronic Industry?

15 CompaniesPrice / SalesEstimated GrowthMarket Cap
3036 WT Microelectronics
0.1x15.3%US$3.92b
2347 Synnex Technology International
0.3x8.3%US$3.88b
3702 WPG Holdings
0.1x13.1%US$3.64b
8112 Supreme Electronics
0.1xn/aUS$1.03b
3541 1.7xIndustry Avg. 1.8xNo. of Companies43PS01.22.43.64.86+
15 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 3541 is good value based on its Price-To-Sales Ratio (1.7x) compared to the TW Electronic industry average (1.8x).

Price to Sales Ratio vs Fair Ratio

What is 3541's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

3541 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1.7x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 3541's Price-To-Sales 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

Taiwan Union Technology

NT$45.6b

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

6274

NT$167.50

7D

8.1%

1Y

35.6%

Wiwynn

NT$395.8b

Manufactures and sells servers and storage products in cloud infrastructure and hyperscale data center in the United States, Europe, Asia, and internationally.

6669

NT$2,130.00

7D

-1.4%

1Y

21.7%

Tripod Technology

NT$98.0b

Processes, manufactures, and sells printed circuit boards and other related components in Taiwan, China, Vietnam, Thailand, South Korea, Malaysia, and internationally.

3044

NT$186.50

7D

-1.1%

1Y

-1.3%