Pegatron Corporation

TWSE:4938 Stock Report

Market Cap: NT$249.8b

Pegatron Valuation

Is 4938 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 4938 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
NT$25.09
Fair Value
273.9% overvalued intrinsic discount
13
Number of Analysts

Below Fair Value: 4938 (NT$93.8) is trading above our estimate of fair value (NT$25.09)

Significantly Below Fair Value: 4938 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 4938?

Key metric: As 4938 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 4938. This is calculated by dividing 4938's market cap by their current earnings.
What is 4938's PE Ratio?
PE Ratio13.8x
EarningsNT$18.13b
Market CapNT$249.81b

Price to Earnings Ratio vs Peers

How does 4938's PE Ratio compare to its peers?

The above table shows the PE ratio for 4938 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average25.4x
2301 Lite-On Technology
19.9x17.3%NT$246.1b
3231 Wistron
19.6x26.8%NT$303.3b
2395 Advantech
36.4x14.2%NT$315.2b
2356 Inventec
25.7x20.4%NT$177.2b
4938 Pegatron
13.8x3.0%NT$249.8b

Price-To-Earnings vs Peers: 4938 is good value based on its Price-To-Earnings Ratio (13.8x) compared to the peer average (25.4x).

Price to Earnings Ratio vs Industry

How does 4938'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
4938 13.8xIndustry Avg. 20.2xNo. of Companies12PE01020304050+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 4938 is good value based on its Price-To-Earnings Ratio (13.8x) compared to the TW Tech industry average (20.2x).

Price to Earnings Ratio vs Fair Ratio

What is 4938'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.

4938 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio13.8x
Fair PE Ratio15.6x

Price-To-Earnings vs Fair Ratio: 4938 is good value based on its Price-To-Earnings Ratio (13.8x) compared to the estimated Fair Price-To-Earnings Ratio (15.6x).

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 4938 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentNT$93.80
NT$103.02
+9.8%
7.0%NT$120.00NT$92.00n/a13
Jan ’26NT$91.90
NT$103.02
+12.1%
7.0%NT$120.00NT$92.00n/a13
Dec ’25NT$94.30
NT$103.78
+10.1%
8.0%NT$120.00NT$92.00n/a13
Nov ’25NT$100.00
NT$104.78
+4.8%
10.4%NT$121.00NT$84.70n/a12
Oct ’25NT$104.50
NT$104.78
+0.3%
10.4%NT$121.00NT$84.70n/a12
Sep ’25NT$102.50
NT$106.28
+3.7%
11.6%NT$125.00NT$84.70n/a12
Aug ’25NT$104.50
NT$101.70
-2.7%
13.1%NT$125.00NT$84.70n/a11
Jul ’25NT$104.00
NT$100.52
-3.3%
13.3%NT$125.00NT$84.70n/a11
Jun ’25NT$106.00
NT$95.06
-10.3%
8.9%NT$110.00NT$84.00n/a11
May ’25NT$97.70
NT$88.81
-9.1%
12.1%NT$108.00NT$72.00n/a12
Apr ’25NT$97.50
NT$85.64
-12.2%
11.9%NT$103.00NT$70.00n/a12
Mar ’25NT$84.90
NT$76.00
-10.5%
13.2%NT$93.00NT$62.00n/a11
Feb ’25NT$84.10
NT$75.36
-10.4%
12.1%NT$86.00NT$62.00n/a11
Jan ’25NT$87.30
NT$75.36
-13.7%
12.1%NT$86.00NT$62.00NT$91.9011
Dec ’24NT$81.30
NT$74.64
-8.2%
11.5%NT$86.00NT$62.00NT$94.3011
Nov ’24NT$76.90
NT$73.36
-4.6%
10.9%NT$85.00NT$60.00NT$100.0011
Oct ’24NT$76.60
NT$71.50
-6.7%
10.4%NT$83.00NT$60.00NT$104.5010
Sep ’24NT$77.70
NT$72.09
-7.2%
10.2%NT$83.00NT$60.00NT$102.5011
Aug ’24NT$76.20
NT$67.64
-11.2%
11.9%NT$83.00NT$53.00NT$104.5011
Jul ’24NT$74.80
NT$66.18
-11.5%
9.8%NT$77.00NT$53.00NT$104.0011
Jun ’24NT$75.70
NT$65.09
-14.0%
8.4%NT$75.00NT$53.00NT$106.0011
May ’24NT$70.00
NT$64.45
-7.9%
6.0%NT$70.00NT$56.00NT$97.7011
Apr ’24NT$69.70
NT$64.25
-7.8%
6.0%NT$70.00NT$56.00NT$97.5012
Mar ’24NT$68.00
NT$62.17
-8.6%
6.0%NT$66.00NT$55.00NT$84.9012
Feb ’24NT$65.00
NT$61.92
-4.7%
6.1%NT$66.00NT$55.00NT$84.1012
Jan ’24NT$63.50
NT$61.92
-2.5%
6.1%NT$66.00NT$55.00NT$87.3012
Analyst Price Target
Consensus Narrative from 13 Analysts
NT$103.02
Fair Value
8.9% undervalued intrinsic discount
13
Number of Analysts

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

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/17 00:10
End of Day Share Price 2025/01/17 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Pegatron Corporation is covered by 30 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Yingchao YangBarclays
Shun Kan Liu GrassiBNP Paribas Securities (Asia)
Robert ChengBofA Global Research