Sea Sonic Electronics Co., Ltd.

TPEX:6203 Stock Report

Market Cap: NT$5.1b

Sea Sonic Electronics Valuation

Is 6203 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 6203 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 6203 (NT$61.5) is trading above our estimate of fair value (NT$20.94)

Significantly Below Fair Value: 6203 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 6203?

Key metric: As 6203 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 6203. This is calculated by dividing 6203's market cap by their current earnings.
What is 6203's PE Ratio?
PE Ratio18.6x
EarningsNT$272.33m
Market CapNT$5.07b

Price to Earnings Ratio vs Peers

How does 6203's PE Ratio compare to its peers?

The above table shows the PE ratio for 6203 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average23.4x
6672 Ventec International GroupLtd
13.7xn/aNT$5.0b
3051 Optimax Technology
17.2xn/aNT$5.4b
8240 Wah Hong Industrial
14.8xn/aNT$4.7b
8042 Taiwan Chinsan Electronic Industrial
47.9xn/aNT$5.0b
6203 Sea Sonic Electronics
18.6xn/aNT$5.1b

Price-To-Earnings vs Peers: 6203 is good value based on its Price-To-Earnings Ratio (18.6x) compared to the peer average (23.4x).

Price to Earnings Ratio vs Industry

How does 6203'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
6203 18.6xIndustry Avg. 22.5xNo. of Companies49PE01632486480+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 6203 is good value based on its Price-To-Earnings Ratio (18.6x) compared to the TW Electronic industry average (22.5x).

Price to Earnings Ratio vs Fair Ratio

What is 6203'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.

6203 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio18.6x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 6203'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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