Accton Technology Corporation

TWSE:2345 Stock Report

Market Cap: NT$335.3b

Accton Technology Valuation

Is 2345 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 2345 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 2345 (NT$600) is trading above our estimate of fair value (NT$459.77)

Significantly Below Fair Value: 2345 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 2345?

Key metric: As 2345 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 2345. This is calculated by dividing 2345's market cap by their current earnings.
What is 2345's PE Ratio?
PE Ratio34.5x
EarningsNT$9.73b
Market CapNT$335.34b

Price to Earnings Ratio vs Peers

How does 2345's PE Ratio compare to its peers?

The above table shows the PE ratio for 2345 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average26.4x
6285 Wistron NeWeb
17.7x18.7%NT$58.5b
3596 Arcadyan Technology
15.4x7.1%NT$39.0b
6442 EZconn
59xn/aNT$38.4b
5388 Sercomm
13.4x12.1%NT$32.9b
2345 Accton Technology
34.5x24.5%NT$335.3b

Price-To-Earnings vs Peers: 2345 is expensive based on its Price-To-Earnings Ratio (34.5x) compared to the peer average (26.4x).

Price to Earnings Ratio vs Industry

How does 2345's PE Ratio compare vs other companies in the TW Communications Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
2345 34.5xIndustry Avg. 29.1xNo. of Companies9PE020406080100+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 2345 is expensive based on its Price-To-Earnings Ratio (34.5x) compared to the TW Communications industry average (29.1x).

Price to Earnings Ratio vs Fair Ratio

What is 2345'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.

2345 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio34.5x
Fair PE Ratio28x

Price-To-Earnings vs Fair Ratio: 2345 is expensive based on its Price-To-Earnings Ratio (34.5x) compared to the estimated Fair Price-To-Earnings Ratio (28x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 2345 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentNT$600.00
NT$692.14
+15.4%
3.5%NT$730.00NT$645.00n/a7
Nov ’25NT$553.00
NT$657.67
+18.9%
5.8%NT$700.00NT$596.00n/a6
Oct ’25NT$524.00
NT$657.67
+25.5%
5.8%NT$700.00NT$596.00n/a6
Sep ’25NT$508.00
NT$652.33
+28.4%
6.3%NT$700.00NT$596.00n/a6
Aug ’25NT$520.00
NT$644.33
+23.9%
5.4%NT$700.00NT$596.00n/a6
Jul ’25NT$549.00
NT$622.67
+13.4%
9.0%NT$700.00NT$520.00n/a6
Jun ’25NT$504.00
NT$597.67
+18.6%
8.2%NT$655.00NT$520.00n/a6
May ’25NT$461.50
NT$620.83
+34.5%
6.2%NT$660.00NT$550.00n/a6
Apr ’25NT$460.50
NT$617.50
+34.1%
5.9%NT$660.00NT$550.00n/a6
Mar ’25NT$504.00
NT$612.50
+21.5%
5.6%NT$660.00NT$550.00n/a6
Feb ’25NT$542.00
NT$603.57
+11.4%
6.4%NT$660.00NT$550.00n/a7
Jan ’25NT$523.00
NT$603.57
+15.4%
6.4%NT$660.00NT$550.00n/a7
Dec ’24NT$536.00
NT$602.14
+12.3%
6.5%NT$660.00NT$550.00n/a7
Nov ’24NT$497.50
NT$553.33
+11.2%
15.0%NT$660.00NT$440.00NT$553.006
Oct ’24NT$493.00
NT$460.00
-6.7%
23.6%NT$660.00NT$295.00NT$524.006
Sep ’24NT$470.00
NT$415.29
-11.6%
14.6%NT$495.00NT$295.00NT$508.007
Aug ’24NT$394.50
NT$375.13
-4.9%
17.5%NT$440.00NT$270.00NT$520.008
Jul ’24NT$349.00
NT$349.50
+0.1%
15.5%NT$440.00NT$270.00NT$549.008
Jun ’24NT$342.00
NT$331.38
-3.1%
10.0%NT$367.00NT$270.00NT$504.008
May ’24NT$299.00
NT$331.38
+10.8%
10.6%NT$367.00NT$270.00NT$461.508
Apr ’24NT$319.00
NT$331.38
+3.9%
10.6%NT$367.00NT$270.00NT$460.508
Mar ’24NT$287.50
NT$309.71
+7.7%
9.5%NT$355.00NT$270.00NT$504.007
Feb ’24NT$247.50
NT$310.14
+25.3%
9.5%NT$355.00NT$270.00NT$542.007
Jan ’24NT$234.50
NT$310.14
+32.3%
9.5%NT$355.00NT$270.00NT$523.007
Dec ’23NT$272.00
NT$316.83
+16.5%
8.4%NT$355.00NT$275.00NT$536.006
Nov ’23NT$244.00
NT$309.71
+26.9%
10.1%NT$350.00NT$255.00NT$497.507

Analyst Forecast: Target price is less than 20% higher than the current share price.

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