Winmate Inc.

TWSE:3416 Stock Report

Market Cap: NT$11.7b

Winmate Valuation

Is 3416 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 3416 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 3416 (NT$147) is trading below our estimate of fair value (NT$304.05)

Significantly Below Fair Value: 3416 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 3416?

Key metric: As 3416 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 3416. This is calculated by dividing 3416's market cap by their current earnings.
What is 3416's PE Ratio?
PE Ratio22.6x
EarningsNT$517.71m
Market CapNT$11.72b

Price to Earnings Ratio vs Peers

How does 3416's PE Ratio compare to its peers?

The above table shows the PE ratio for 3416 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average31x
6284 INPAQ Technology
14.2xn/aNT$11.7b
6449 Apaq Technology
29.6xn/aNT$12.9b
8215 BenQ Materials
56.1x108.0%NT$10.6b
5243 Eson Precision Ind
24.1x49.9%NT$11.7b
3416 Winmate
22.6xn/aNT$11.7b

Price-To-Earnings vs Peers: 3416 is good value based on its Price-To-Earnings Ratio (22.6x) compared to the peer average (31x).

Price to Earnings Ratio vs Industry

How does 3416'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
3416 22.6xIndustry Avg. 22.6xNo. of Companies46PE01632486480+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 3416 is expensive based on its Price-To-Earnings Ratio (22.6x) compared to the TW Electronic industry average (22.6x).

Price to Earnings Ratio vs Fair Ratio

What is 3416'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.

3416 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio22.6x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 3416'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?

The above table shows the analyst 3416 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentNT$147.00
NT$179.67
+22.2%
6.6%NT$188.00NT$163.00n/a3
Nov ’25NT$138.00
NT$179.67
+30.2%
6.6%NT$188.00NT$163.00n/a3
Oct ’25NT$141.50
NT$183.67
+29.8%
8.4%NT$200.00NT$163.00n/a3
Sep ’25NT$138.00
NT$172.67
+25.1%
7.1%NT$190.00NT$163.00n/a3
Aug ’25NT$134.00
NT$172.67
+28.9%
7.1%NT$190.00NT$163.00n/a3
Jul ’25NT$151.50
NT$172.67
+14.0%
7.1%NT$190.00NT$163.00n/a3
Jun ’25NT$155.00
NT$171.00
+10.3%
5.8%NT$185.00NT$163.00n/a3
May ’25NT$147.50
NT$171.00
+15.9%
5.8%NT$185.00NT$163.00n/a3
Apr ’25NT$145.50
NT$171.00
+17.5%
5.8%NT$185.00NT$163.00n/a3
Mar ’25NT$135.50
NT$168.33
+24.2%
10.3%NT$191.00NT$149.00n/a3
Feb ’25NT$137.50
NT$168.33
+22.4%
10.3%NT$191.00NT$149.00n/a3
Jan ’25NT$122.50
NT$158.00
+29.0%
2.5%NT$162.00NT$154.00n/a2
Dec ’24NT$124.50
NT$158.00
+26.9%
2.5%NT$162.00NT$154.00n/a2
Nov ’24NT$112.50
NT$158.00
+40.4%
2.5%NT$162.00NT$154.00NT$138.002
Oct ’24NT$115.00
NT$158.00
+37.4%
2.5%NT$162.00NT$154.00NT$141.502
Sep ’24NT$128.50
NT$158.00
+23.0%
2.5%NT$162.00NT$154.00NT$138.002
Aug ’24NT$137.00
NT$123.00
-10.2%
2.4%NT$126.00NT$120.00NT$134.002
Jul ’24NT$112.50
NT$123.00
+9.3%
2.4%NT$126.00NT$120.00NT$151.502
Jun ’24NT$116.00
NT$123.00
+6.0%
2.4%NT$126.00NT$120.00NT$155.002
May ’24NT$110.00
NT$123.00
+11.8%
2.4%NT$126.00NT$120.00NT$147.502
Apr ’24NT$103.00
NT$115.50
+12.1%
3.9%NT$120.00NT$111.00NT$145.502
Mar ’24NT$95.80
NT$97.50
+1.8%
2.6%NT$100.00NT$95.00NT$135.502
Feb ’24NT$84.20
NT$97.50
+15.8%
2.6%NT$100.00NT$95.00NT$137.502
Jan ’24NT$83.00
NT$97.50
+17.5%
2.6%NT$100.00NT$95.00NT$122.502
Dec ’23NT$82.30
NT$97.50
+18.5%
2.6%NT$100.00NT$95.00NT$124.502

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

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