TaiSol Electronics Valuation

Q: What is the Fair Price of 3338 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

3338 (NT$72.6) is trading above our estimate of [[fair value]] (NT$61.4)

Is 3338 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 3338 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 3338 (NT$72.6) is trading above our estimate of fair value (NT$61.4)

Significantly Below Fair Value: 3338 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 3338?

Key metric: As 3338 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 3338. This is calculated by dividing 3338's market cap by their current earnings.
What is 3338's PE Ratio?
PE Ratio	25.5x
Earnings	NT$249.45m
Market Cap	NT$6.29b

3338 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/Revenue	1.3x
Enterprise Value/EBITDA	15.5x
PEG Ratio	0.4x

Price to Earnings Ratio vs Peers

How does 3338's PE Ratio compare to its peers?

The above table shows the PE ratio for 3338 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	31.2x
2478 TA-I Technology	18.8x	n/a	NT$6.6b
3694 AzureWave Technologies	17.5x	n/a	NT$6.7b
3605 ACES Electronics	61.7x	n/a	NT$6.7b
6205 Chant Sincere	26.6x	n/a	NT$5.4b
3338 TaiSol Electronics	25.5x	63.6%	NT$6.3b

Price-To-Earnings vs Peers: 3338 is good value based on its Price-To-Earnings Ratio (25.5x) compared to the peer average (31.2x).

Price to Earnings Ratio vs Industry

How does 3338's PE Ratio compare vs other companies in the TW Electronic Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap

No more companies available in this PE range

0 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: 3338 is expensive based on its Price-To-Earnings Ratio (25.5x) compared to the TW Electronic industry average (22.7x).

Price to Earnings Ratio vs Fair Ratio

What is 3338'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.

3338 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	25.5x
Fair PE Ratio	41.8x

Price-To-Earnings vs Fair Ratio: 3338 is good value based on its Price-To-Earnings Ratio (25.5x) compared to the estimated Fair Price-To-Earnings Ratio (41.9x).

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.

Discover undervalued companies

Quanta Computer

NT$1.1t

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

2382

NT$294.00

-6.5%

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

-1.9%

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

2.2%

3.7%