Asia Vital Components Co., Ltd.

TWSE:3017 Stock Report

Market Cap: NT$255.3b

Asia Vital Components Valuation

Is 3017 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 3017 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 3017 (NT$650) is trading below our estimate of fair value (NT$947.59)

Significantly Below Fair Value: 3017 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 3017?

Key metric: As 3017 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 3017. This is calculated by dividing 3017's market cap by their current earnings.
What is 3017's PE Ratio?
PE Ratio33.2x
EarningsNT$7.51b
Market CapNT$255.28b

Price to Earnings Ratio vs Peers

How does 3017's PE Ratio compare to its peers?

The above table shows the PE ratio for 3017 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average21.8x
2395 Advantech
34.1x14.0%NT$293.5b
4938 Pegatron
14.1x3.0%NT$255.7b
6669 Wiwynn
19.7x20.2%NT$386.5b
2301 Lite-On Technology
19.3x17.6%NT$233.5b
3017 Asia Vital Components
33.2x30.2%NT$255.3b

Price-To-Earnings vs Peers: 3017 is expensive based on its Price-To-Earnings Ratio (33.2x) compared to the peer average (21.8x).

Price to Earnings Ratio vs Industry

How does 3017'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
3017 33.2xIndustry Avg. 21.2xNo. of Companies13PE01224364860+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 3017 is expensive based on its Price-To-Earnings Ratio (33.2x) compared to the TW Tech industry average (21.2x).

Price to Earnings Ratio vs Fair Ratio

What is 3017'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.

3017 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio33.2x
Fair PE Ratio33.9x

Price-To-Earnings vs Fair Ratio: 3017 is good value based on its Price-To-Earnings Ratio (33.2x) compared to the estimated Fair Price-To-Earnings Ratio (33.9x).

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 3017 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentNT$650.00
NT$846.08
+30.2%
12.3%NT$1,000.00NT$625.00n/a13
Nov ’25NT$637.00
NT$835.15
+31.1%
13.1%NT$1,000.00NT$625.00n/a13
Oct ’25NT$585.00
NT$827.46
+41.4%
13.0%NT$1,000.00NT$625.00n/a13
Sep ’25NT$606.00
NT$837.64
+38.2%
13.5%NT$1,000.00NT$625.00n/a11
Aug ’25NT$655.00
NT$878.40
+34.1%
11.4%NT$1,026.00NT$700.00n/a10
Jul ’25NT$743.00
NT$835.90
+12.5%
17.9%NT$1,026.00NT$520.00n/a10
Jun ’25NT$769.00
NT$835.90
+8.7%
17.9%NT$1,026.00NT$520.00n/a10
May ’25NT$654.00
NT$758.89
+16.0%
17.3%NT$950.00NT$460.00n/a9
Apr ’25NT$554.00
NT$686.25
+23.9%
13.3%NT$765.00NT$460.00n/a8
Mar ’25NT$539.00
NT$471.67
-12.5%
12.5%NT$600.00NT$420.00n/a6
Feb ’25NT$457.50
NT$430.33
-5.9%
5.9%NT$455.00NT$380.00n/a6
Jan ’25NT$336.50
NT$426.75
+26.8%
6.5%NT$450.00NT$380.00n/a4
Dec ’24NT$302.50
NT$375.50
+24.1%
27.1%NT$450.00NT$200.00n/a4
Nov ’24NT$285.50
NT$375.50
+31.5%
27.1%NT$450.00NT$200.00NT$637.004
Oct ’24NT$341.00
NT$333.33
-2.2%
28.7%NT$420.00NT$200.00NT$585.003
Sep ’24NT$329.00
NT$333.33
+1.3%
28.7%NT$420.00NT$200.00NT$606.003
Aug ’24NT$328.00
NT$246.67
-24.8%
26.8%NT$340.00NT$200.00NT$655.003
Jul ’24NT$271.00
NT$246.67
-9.0%
26.8%NT$340.00NT$200.00NT$743.003
Jun ’24NT$207.00
NT$210.00
+1.4%
6.7%NT$230.00NT$200.00NT$769.003
Mar ’24NT$119.00
NT$123.18
+3.5%
12.0%NT$138.00NT$108.35NT$539.002
Feb ’24NT$107.50
NT$124.00
+15.3%
11.3%NT$138.00NT$110.00NT$457.502
Jan ’24NT$112.00
NT$126.50
+12.9%
9.1%NT$138.00NT$115.00NT$336.502
Dec ’23NT$114.50
NT$126.50
+10.5%
9.1%NT$138.00NT$115.00NT$302.502
Nov ’23NT$102.50
NT$134.00
+30.7%
3.0%NT$138.00NT$130.00NT$285.502

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

Discover undervalued companies

Quanta Computer

NT$1.1t

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

2382

NT$294.00

7D

-6.5%

1Y

44.5%

Taiwan Union Technology

NT$42.2b

Engages in the manufacture and sale of copper foil substrates, adhesive sheets, and multi-layer laminated boards in Taiwan and internationally.

6274

NT$155.00

7D

-1.9%

1Y

22.0%

LARGAN PrecisionLtd

NT$312.3b

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

3008

NT$2,365.00

7D

2.2%

1Y

3.7%