Optimax Technology Corporation

TWSE:3051 Stock Report

Market Cap: NT$5.3b

Optimax Technology Valuation

Is 3051 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • 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 3051 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 3051 (NT$31.5) is trading below our estimate of fair value (NT$34.73)

Significantly Below Fair Value: 3051 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 3051?

Key metric: As 3051 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 3051. This is calculated by dividing 3051's market cap by their current earnings.
What is 3051's PE Ratio?
PE Ratio17x
EarningsNT$310.56m
Market CapNT$5.29b

Price to Earnings Ratio vs Peers

How does 3051's PE Ratio compare to its peers?

The above table shows the PE ratio for 3051 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average17.1x
6672 Ventec International GroupLtd
13.6xn/aNT$5.0b
8240 Wah Hong Industrial
15.1xn/aNT$4.8b
6203 Sea Sonic Electronics
18xn/aNT$4.9b
2375 Kaimei Electronic
21.6xn/aNT$6.7b
3051 Optimax Technology
17xn/aNT$5.3b

Price-To-Earnings vs Peers: 3051 is good value based on its Price-To-Earnings Ratio (17x) compared to the peer average (17.1x).

Price to Earnings Ratio vs Industry

How does 3051's PE Ratio compare vs other companies in the TW Electronic Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
3051 17.0xIndustry Avg. 22.7xNo. of Companies50PE01632486480+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 3051 is good value based on its Price-To-Earnings Ratio (17x) compared to the TW Electronic industry average (22.7x).

Price to Earnings Ratio vs Fair Ratio

What is 3051'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.

3051 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio17x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 3051's Price-To-Earnings 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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