Promate Electronic Co.,Ltd.

TWSE:6189 Stock Report

Market Cap: NT$18.9b

Promate ElectronicLtd Valuation

Is 6189 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-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 6189 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 6189 (NT$88.8) is trading above our estimate of fair value (NT$51.11)

Significantly Below Fair Value: 6189 is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 6189?

Other financial metrics that can be useful for relative valuation.

6189 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/Revenue0.7x
Enterprise Value/EBITDA15.8x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does 6189's PE Ratio compare to its peers?

The above table shows the PE ratio for 6189 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average17.2x
2373 Aurora
15xn/aNT$16.3b
8070 Chang Wah Electromaterials
18.6xn/aNT$27.4b
3033 Weikeng Industrial
17.4xn/aNT$13.7b
3090 Nichidenbo
17.8x11.5%NT$12.6b
6189 Promate ElectronicLtd
22.3xn/aNT$18.9b

Price-To-Earnings vs Peers: 6189 is expensive based on its Price-To-Earnings Ratio (22.3x) compared to the peer average (17.2x).


Price to Earnings Ratio vs Industry

How does 6189's PE Ratio compare vs other companies in the TW Electronic Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a22.2%
n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a22.2%
n/an/an/a
No more companies

Price-To-Earnings vs Industry: 6189 is good value based on its Price-To-Earnings Ratio (22.3x) compared to the TW Electronic industry average (24.2x).


Price to Earnings Ratio vs Fair Ratio

What is 6189'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.

6189 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio22.3x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 6189'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?

Analyst Forecast: Insufficient data to show price forecast.


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