Catcher Technology Co., Ltd.

TWSE:2474 Stock Report

Market Cap: NT$136.8b

Catcher Technology Valuation

Is 2474 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 2474 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 2474 (NT$201) is trading above our estimate of fair value (NT$154.02)

Significantly Below Fair Value: 2474 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 2474?

Key metric: As 2474 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 2474. This is calculated by dividing 2474's market cap by their current earnings.
What is 2474's PE Ratio?
PE Ratio15.6x
EarningsNT$8.74b
Market CapNT$136.75b

Price to Earnings Ratio vs Peers

How does 2474's PE Ratio compare to its peers?

The above table shows the PE ratio for 2474 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average18x
2324 Compal Electronics
16.5x11.6%NT$163.4b
2353 Acer
22.3x24.6%NT$114.2b
2377 Micro-Star International
20.1x28.0%NT$141.9b
2385 Chicony Electronics
13x6.8%NT$112.8b
2474 Catcher Technology
15.6x-3.0%NT$136.8b

Price-To-Earnings vs Peers: 2474 is good value based on its Price-To-Earnings Ratio (15.6x) compared to the peer average (18x).

Price to Earnings Ratio vs Industry

How does 2474's PE Ratio compare vs other companies in the TW Tech Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
2474 15.6xIndustry Avg. 21.0xNo. of Companies13PE01224364860+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 2474 is good value based on its Price-To-Earnings Ratio (15.6x) compared to the TW Tech industry average (21x).

Price to Earnings Ratio vs Fair Ratio

What is 2474'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.

2474 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio15.6x
Fair PE Ratio13.6x

Price-To-Earnings vs Fair Ratio: 2474 is expensive based on its Price-To-Earnings Ratio (15.6x) compared to the estimated Fair Price-To-Earnings Ratio (13.6x).

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 2474 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentNT$201.00
NT$215.75
+7.3%
9.8%NT$240.00NT$185.00n/a4
Nov ’25NT$231.50
NT$219.50
-5.2%
14.0%NT$255.00NT$175.00n/a4
Oct ’25NT$239.50
NT$213.60
-10.8%
14.0%NT$255.00NT$175.00n/a5
Sep ’25NT$236.00
NT$213.60
-9.5%
14.0%NT$255.00NT$175.00n/a5
Aug ’25NT$218.50
NT$205.80
-5.8%
17.1%NT$255.00NT$150.00n/a5
Jul ’25NT$227.50
NT$205.80
-9.5%
17.1%NT$255.00NT$150.00n/a5
Jun ’25NT$224.50
NT$205.80
-8.3%
17.1%NT$255.00NT$150.00n/a5
May ’25NT$218.00
NT$176.20
-19.2%
18.6%NT$222.00NT$129.00n/a5
Apr ’25NT$212.00
NT$176.20
-16.9%
18.6%NT$222.00NT$129.00n/a5
Mar ’25NT$197.00
NT$164.00
-16.8%
19.9%NT$205.00NT$120.00n/a6
Feb ’25NT$196.00
NT$164.00
-16.3%
19.9%NT$205.00NT$120.00n/a6
Jan ’25NT$194.00
NT$151.29
-22.0%
22.2%NT$190.00NT$100.00n/a7
Dec ’24NT$195.50
NT$151.29
-22.6%
22.2%NT$190.00NT$100.00n/a7
Nov ’24NT$181.00
NT$150.14
-17.0%
22.1%NT$190.00NT$100.00NT$231.507
Oct ’24NT$182.50
NT$145.75
-20.1%
22.7%NT$190.00NT$100.00NT$239.508
Sep ’24NT$180.00
NT$151.56
-15.8%
22.6%NT$195.00NT$100.00NT$236.009
Aug ’24NT$175.00
NT$154.78
-11.6%
23.5%NT$204.00NT$100.00NT$218.509
Jul ’24NT$175.50
NT$154.78
-11.8%
23.5%NT$204.00NT$100.00NT$227.509
Jun ’24NT$186.50
NT$155.50
-16.6%
21.6%NT$200.00NT$100.00NT$224.5010
May ’24NT$181.00
NT$153.00
-15.5%
21.5%NT$200.00NT$100.00NT$218.0010
Apr ’24NT$190.00
NT$153.00
-19.5%
21.5%NT$200.00NT$100.00NT$212.0010
Mar ’24NT$186.00
NT$153.80
-17.3%
21.8%NT$200.00NT$100.00NT$197.0010
Feb ’24NT$185.50
NT$154.80
-16.5%
20.7%NT$200.00NT$102.00NT$196.0010
Jan ’24NT$169.00
NT$154.80
-8.4%
20.7%NT$200.00NT$102.00NT$194.0010
Dec ’23NT$177.00
NT$154.00
-13.0%
21.0%NT$200.00NT$102.00NT$195.5010
Nov ’23NT$171.00
NT$145.60
-14.9%
22.7%NT$200.00NT$87.00NT$181.0010

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

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