Arcadyan Technology Corporation

TWSE:3596 Stock Report

Market Cap: NT$39.0b

Arcadyan Technology Valuation

Is 3596 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 3596 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 3596 (NT$177) is trading above our estimate of fair value (NT$71.26)

Significantly Below Fair Value: 3596 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 3596?

Key metric: As 3596 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 3596. This is calculated by dividing 3596's market cap by their current earnings.
What is 3596's PE Ratio?
PE Ratio15.4x
EarningsNT$2.53b
Market CapNT$39.00b

Price to Earnings Ratio vs Peers

How does 3596's PE Ratio compare to its peers?

The above table shows the PE ratio for 3596 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average35x
6442 EZconn
59xn/aNT$38.4b
5388 Sercomm
13.4x12.1%NT$32.9b
6285 Wistron NeWeb
17.7x18.7%NT$58.5b
3704 Zyxel Group
49.9x119.3%NT$17.3b
3596 Arcadyan Technology
15.4x7.1%NT$39.0b

Price-To-Earnings vs Peers: 3596 is good value based on its Price-To-Earnings Ratio (15.4x) compared to the peer average (35x).

Price to Earnings Ratio vs Industry

How does 3596's PE Ratio compare vs other companies in the TW Communications Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
3596 15.4xIndustry Avg. 29.1xNo. of Companies9PE020406080100+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 3596 is good value based on its Price-To-Earnings Ratio (15.4x) compared to the TW Communications industry average (29.1x).

Price to Earnings Ratio vs Fair Ratio

What is 3596'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.

3596 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio15.4x
Fair PE Ratio15.2x

Price-To-Earnings vs Fair Ratio: 3596 is expensive based on its Price-To-Earnings Ratio (15.4x) compared to the estimated Fair Price-To-Earnings Ratio (15.2x).

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 3596 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentNT$177.00
NT$188.75
+6.6%
3.1%NT$195.00NT$180.00n/a4
Nov ’25NT$161.50
NT$168.50
+4.3%
5.8%NT$180.00NT$156.00n/a4
Oct ’25NT$146.50
NT$161.00
+9.9%
6.0%NT$176.00NT$150.00n/a4
Sep ’25NT$146.50
NT$161.00
+9.9%
6.0%NT$176.00NT$150.00n/a4
Aug ’25NT$149.00
NT$161.00
+8.1%
6.0%NT$176.00NT$150.00n/a4
Jul ’25NT$163.00
NT$177.20
+8.7%
6.0%NT$196.00NT$165.00n/a5
Jun ’25NT$167.00
NT$177.20
+6.1%
6.0%NT$196.00NT$165.00n/a5
May ’25NT$173.00
NT$193.60
+11.9%
4.9%NT$200.00NT$175.00n/a5
Apr ’25NT$195.50
NT$193.60
-1.0%
4.9%NT$200.00NT$175.00n/a5
Mar ’25NT$178.50
NT$193.60
+8.5%
4.9%NT$200.00NT$175.00n/a5
Feb ’25NT$175.00
NT$177.40
+1.4%
2.8%NT$185.00NT$170.00n/a5
Jan ’25NT$170.50
NT$177.40
+4.0%
2.8%NT$185.00NT$170.00n/a5
Dec ’24NT$163.00
NT$177.40
+8.8%
2.8%NT$185.00NT$170.00n/a5
Nov ’24NT$152.00
NT$147.40
-3.0%
16.4%NT$175.00NT$117.00NT$161.505
Oct ’24NT$161.50
NT$147.40
-8.7%
16.4%NT$175.00NT$117.00NT$146.505
Sep ’24NT$145.00
NT$137.00
-5.5%
15.3%NT$165.00NT$117.00NT$146.505
Aug ’24NT$130.50
NT$136.00
+4.2%
14.5%NT$160.00NT$117.00NT$149.005
Jul ’24NT$123.00
NT$114.20
-7.2%
9.8%NT$130.00NT$98.00NT$163.005
Jun ’24NT$116.00
NT$113.60
-2.1%
9.1%NT$127.00NT$98.00NT$167.005
May ’24NT$100.50
NT$104.00
+3.5%
8.6%NT$115.00NT$90.00NT$173.004
Apr ’24NT$106.50
NT$106.25
-0.2%
9.6%NT$115.00NT$90.00NT$195.504
Mar ’24NT$107.50
NT$112.60
+4.7%
9.6%NT$130.00NT$98.00NT$178.505
Feb ’24NT$101.00
NT$112.60
+11.5%
9.6%NT$130.00NT$98.00NT$175.005
Jan ’24NT$95.70
NT$112.60
+17.7%
9.6%NT$130.00NT$98.00NT$170.505
Dec ’23NT$105.50
NT$112.60
+6.7%
9.6%NT$130.00NT$98.00NT$163.005
Nov ’23NT$90.00
NT$126.60
+40.7%
13.2%NT$158.00NT$115.00NT$152.005

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

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