Adlink Technology Inc.

TWSE:6166 Stock Report

Market Cap: NT$15.6b

Adlink Technology Valuation

Is 6166 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 6166 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 6166 (NT$74.5) is trading above our estimate of fair value (NT$51.63)

Significantly Below Fair Value: 6166 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 6166?

Key metric: As 6166 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 6166. This is calculated by dividing 6166's market cap by their current revenue.
What is 6166's PS Ratio?
PS Ratio1.6x
SalesNT$9.93b
Market CapNT$15.59b

Price to Sales Ratio vs Peers

How does 6166's PS Ratio compare to its peers?

The above table shows the PS ratio for 6166 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average1.9x
3022 IEI Integration
2.1x8.6%NT$14.0b
8050 IBASE Technology
2.8xn/aNT$14.1b
3483 Forcecon Technology
1.4xn/aNT$12.6b
2349 RITEK
1.5xn/aNT$11.2b
6166 Adlink Technology
1.6xn/aNT$15.6b

Price-To-Sales vs Peers: 6166 is good value based on its Price-To-Sales Ratio (1.6x) compared to the peer average (1.9x).

Price to Sales Ratio vs Industry

How does 6166's PS Ratio compare vs other companies in the TW Tech Industry?

5 CompaniesPrice / SalesEstimated GrowthMarket Cap
4938 Pegatron
0.2x7.2%US$8.02b
2324 Compal Electronics
0.2x4.9%US$4.95b
2312 Kinpo Electronics
0.3xn/aUS$1.31b
2414 Unitech Computer
0.3xn/aUS$194.09m
6166 1.6xIndustry Avg. 1.5xNo. of Companies16PS01.22.43.64.86+
5 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 6166 is expensive based on its Price-To-Sales Ratio (1.6x) compared to the TW Tech industry average (1.5x).

Price to Sales Ratio vs Fair Ratio

What is 6166's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

6166 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1.6x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 6166's Price-To-Sales 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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