Everspring Industry Co., Ltd.

TWSE:2390 Stock Report

Market Cap: NT$2.2b

Everspring Industry Valuation

Is 2390 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-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 2390 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 2390's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 2390's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 2390?

Key metric: As 2390 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 2390. This is calculated by dividing 2390's market cap by their current revenue.
What is 2390's PS Ratio?
PS Ratio3.2x
SalesNT$672.23m
Market CapNT$2.19b

Price to Sales Ratio vs Peers

How does 2390's PS Ratio compare to its peers?

The above table shows the PS ratio for 2390 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average2.3x
2482 Uniform Industrial
3.1xn/aNT$2.1b
4153 DIVA Laboratories
2.9xn/aNT$2.4b
6899 Apex Material Technology
2.4xn/aNT$2.3b
3097 Partner Tech
0.7xn/aNT$1.9b
2390 Everspring Industry
3.2xn/aNT$2.2b

Price-To-Sales vs Peers: 2390 is expensive based on its Price-To-Sales Ratio (3.2x) compared to the peer average (2.2x).

Price to Sales Ratio vs Industry

How does 2390's PS Ratio compare vs other companies in the TW Electronic Industry?

15 CompaniesPrice / SalesEstimated GrowthMarket Cap
2347 Synnex Technology International
0.3x8.3%US$3.86b
3036 WT Microelectronics
0.1x15.3%US$3.70b
3702 WPG Holdings
0.1x13.1%US$3.61b
8112 Supreme Electronics
0.1xn/aUS$994.47m
2390 3.2xIndustry Avg. 1.8xNo. of Companies42PS01.22.43.64.86+
15 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 2390 is expensive based on its Price-To-Sales Ratio (3.2x) compared to the TW Electronic industry average (1.8x).

Price to Sales Ratio vs Fair Ratio

What is 2390'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.

2390 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio3.2x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 2390'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.

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