Homenema Technology Incorporation Valuation

Q: What is the Fair Price of 8087 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

8087 (NT$47) is trading above our estimate of [[fair value]] (NT$4.19)

Is 8087 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-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 8087 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 8087 (NT$47) is trading above our estimate of fair value (NT$4.19)

Significantly Below Fair Value: 8087 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 8087?

Key metric: As 8087 is barely profitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 8087. This is calculated by dividing 8087's market cap by their current revenue.
What is 8087's PS Ratio?
PS Ratio	2.5x
Sales	NT$725.74m
Market Cap	NT$1.83b

8087 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	2.6x
Enterprise Value/EBITDA	57.1x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does 8087's PS Ratio compare to its peers?

The above table shows the PS ratio for 8087 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	5.8x
5262 Gigastone	0.7x	n/a	NT$1.7b
3054 LIWANLI Innovation	18.6x	n/a	NT$1.8b
2432 Acer Gadget	0.8x	n/a	NT$2.1b
6680 Sintrones Technology	3.2x	n/a	NT$2.1b
8087 Homenema Technology Incorporation	2.5x	n/a	NT$1.8b

Price-To-Sales vs Peers: 8087 is good value based on its Price-To-Sales Ratio (2.5x) compared to the peer average (5.8x).

Price to Sales Ratio vs Industry

How does 8087's PS Ratio compare vs other companies in the TW Tech Industry?

6 Companies	Price / Sales	Estimated Growth	Market Cap
4938 Pegatron	0.2x	7.2%	US$7.73b
2324 Compal Electronics	0.2x	4.6%	US$4.94b
2312 Kinpo Electronics	0.3x	n/a	US$1.36b
6414 Ennoconn	0.3x	14.1%	US$1.27b

6 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: 8087 is expensive based on its Price-To-Sales Ratio (2.5x) compared to the TW Tech industry average (1.6x).

Price to Sales Ratio vs Fair Ratio

What is 8087'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.

8087 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	2.5x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 8087'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

Quanta Computer

NT$1.1t

Manufactures and sells notebook computers in Asia, the Americas, Europe, and internationally.

2382

NT$291.00

-2.0%

45.5%

Yageo

NT$264.2b

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

2327

NT$514.00

-4.3%

2.9%

LARGAN PrecisionLtd

NT$325.0b

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

3008

NT$2,435.00

2.3%

3.0%