Global Brands Manufacture Ltd.

TWSE:6191 Stock Report

Market Cap: NT$26.1b

Global Brands Manufacture Valuation

Is 6191 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 6191 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 6191 (NT$55) is trading below our estimate of fair value (NT$91.43)

Significantly Below Fair Value: 6191 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 6191?

Key metric: As 6191 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 6191. This is calculated by dividing 6191's market cap by their current earnings.
What is 6191's PE Ratio?
PE Ratio8.5x
EarningsNT$3.06b
Market CapNT$26.09b

Price to Earnings Ratio vs Peers

How does 6191's PE Ratio compare to its peers?

The above table shows the PE ratio for 6191 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average18.3x
6271 Tong Hsing Electronic Industries
14.2x5.4%NT$25.8b
6213 ITEQ
30.2x39.4%NT$28.1b
5469 HannStar Board
9.2xn/aNT$25.2b
3019 Asia Optical
19.7xn/aNT$29.9b
6191 Global Brands Manufacture
8.5xn/aNT$26.1b

Price-To-Earnings vs Peers: 6191 is good value based on its Price-To-Earnings Ratio (8.5x) compared to the peer average (18.3x).

Price to Earnings Ratio vs Industry

How does 6191's PE Ratio compare vs other companies in the TW Electronic Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
5356 Sirtec InternationalLtd
4.9xn/aUS$106.63m
No more companies available in this PE range
6191 8.5xIndustry Avg. 22.6xNo. of Companies53PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 6191 is good value based on its Price-To-Earnings Ratio (8.5x) compared to the TW Electronic industry average (22.6x).

Price to Earnings Ratio vs Fair Ratio

What is 6191'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.

6191 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio8.5x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 6191'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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