ASUSTeK Computer Valuation

Is 2357 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • 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 2357 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 2357 (NT$430) is trading below our estimate of fair value (NT$451.13)

Significantly Below Fair Value: 2357 is trading below fair value, but not by a significant amount.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 2357?

Other financial metrics that can be useful for relative valuation.

2357 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/Revenue0.6x
Enterprise Value/EBITDA21.2x
PEG Ratio0.9x

Price to Earnings Ratio vs Peers

How does 2357's PE Ratio compare to its peers?

The above table shows the PE ratio for 2357 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average23.5x
3231 Wistron
28.4x31.4%NT$325.8b
2395 Advantech
33.1x10.2%NT$327.0b
4938 Pegatron
16.6x8.8%NT$260.3b
2301 Lite-On Technology
15.8x8.6%NT$230.6b
2357 ASUSTeK Computer
20.1x22.4%NT$319.4b

Price-To-Earnings vs Peers: 2357 is good value based on its Price-To-Earnings Ratio (20.1x) compared to the peer average (23.5x).


Price to Earnings Ratio vs Industry

How does 2357's PE Ratio compare vs other companies in the TW Tech Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a22.2%
n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a22.2%
n/an/an/a
No more companies

Price-To-Earnings vs Industry: 2357 is good value based on its Price-To-Earnings Ratio (20.1x) compared to the TW Tech industry average (23.7x).


Price to Earnings Ratio vs Fair Ratio

What is 2357'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.

2357 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio20.1x
Fair PE Ratio28.2x

Price-To-Earnings vs Fair Ratio: 2357 is good value based on its Price-To-Earnings Ratio (20.1x) compared to the estimated Fair Price-To-Earnings Ratio (28.2x).


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 2357 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentNT$430.00
NT$472.50
+9.9%
13.9%NT$600.00NT$400.00n/a14
Apr ’25NT$423.00
NT$496.15
+17.3%
17.8%NT$700.00NT$400.00n/a13
Mar ’25NT$457.00
NT$496.83
+8.7%
15.8%NT$666.00NT$395.00n/a12
Feb ’25NT$447.00
NT$496.83
+11.1%
15.8%NT$666.00NT$395.00n/a12
Jan ’25NT$489.50
NT$460.45
-5.9%
10.0%NT$550.00NT$395.00n/a11
Dec ’24NT$388.00
NT$451.17
+16.3%
14.3%NT$550.00NT$284.00n/a12
Nov ’24NT$343.00
NT$447.17
+30.4%
14.5%NT$550.00NT$284.00n/a12
Oct ’24NT$367.00
NT$439.45
+19.7%
14.4%NT$550.00NT$284.00n/a11
Sep ’24NT$400.00
NT$432.83
+8.2%
14.9%NT$550.00NT$284.00n/a12
Aug ’24NT$372.00
NT$375.17
+0.9%
26.2%NT$550.00NT$235.00n/a12
Jul ’24NT$314.50
NT$276.55
-12.1%
12.2%NT$330.00NT$200.00n/a11
Jun ’24NT$306.00
NT$276.55
-9.6%
12.2%NT$330.00NT$200.00n/a11
May ’24NT$282.50
NT$236.09
-16.4%
11.9%NT$280.00NT$195.00NT$430.0011
Apr ’24NT$272.50
NT$227.00
-16.7%
15.1%NT$280.00NT$160.00NT$423.0011
Mar ’24NT$276.00
NT$225.91
-18.1%
13.1%NT$272.00NT$168.00NT$457.0011
Feb ’24NT$275.00
NT$223.18
-18.8%
12.5%NT$272.00NT$168.00NT$447.0011
Jan ’24NT$268.50
NT$227.18
-15.4%
11.2%NT$272.00NT$172.00NT$489.5011
Dec ’23NT$271.50
NT$227.18
-16.3%
11.2%NT$272.00NT$172.00NT$388.0011
Nov ’23NT$236.00
NT$268.09
+13.6%
26.4%NT$439.00NT$172.00NT$343.0011
Oct ’23NT$234.00
NT$267.50
+14.3%
24.7%NT$439.00NT$185.00NT$367.0012
Sep ’23NT$252.50
NT$268.17
+6.2%
24.5%NT$439.00NT$185.00NT$400.0012
Aug ’23NT$282.50
NT$359.33
+27.2%
18.0%NT$460.00NT$205.00NT$372.0012
Jul ’23NT$309.50
NT$375.92
+21.5%
10.8%NT$460.00NT$296.00NT$314.5012
Jun ’23NT$343.00
NT$376.75
+9.8%
10.9%NT$460.00NT$296.00NT$306.0012
May ’23NT$357.00
NT$403.23
+12.9%
11.5%NT$480.00NT$330.00NT$282.5013

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


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