ITEQ Valuation
Is 6213 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
2/6Valuation 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 6213 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 6213 (NT$77.4) is trading below our estimate of fair value (NT$454.37)
Significantly Below Fair Value: 6213 is trading below fair value by more than 20%.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 6213?
Key metric: As 6213 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.
| What is 6213's PE Ratio? | |
|---|---|
| PE Ratio | 30.2x |
| Earnings | NT$929.48m |
| Market Cap | NT$28.09b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 1x |
| Enterprise Value/EBITDA | 11.2x |
| PEG Ratio | 0.8x |
Price to Earnings Ratio vs Peers
How does 6213's PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 12.9x | ||
6191 Global Brands Manufacture | 8.5x | n/a | NT$26.1b |
6271 Tong Hsing Electronic Industries | 14.2x | 5.4% | NT$25.8b |
5469 HannStar Board | 9.2x | n/a | NT$25.2b |
3019 Asia Optical | 19.7x | n/a | NT$29.9b |
6213 ITEQ | 30.2x | 39.4% | NT$28.1b |
Price-To-Earnings vs Peers: 6213 is expensive based on its Price-To-Earnings Ratio (30.2x) compared to the peer average (12.9x).
Price to Earnings Ratio vs Industry
How does 6213's PE Ratio compare vs other companies in the TW Electronic Industry?
| 1 Company | Price / Earnings | Estimated Growth | Market Cap |
|---|---|---|---|
5356 Sirtec InternationalLtd | 4.9x | n/a | US$106.63m |
| 1 Company | Estimated Growth | Market Cap |
|---|
Price-To-Earnings vs Industry: 6213 is expensive based on its Price-To-Earnings Ratio (30.2x) compared to the TW Electronic industry average (22.6x).
Price to Earnings Ratio vs Fair Ratio
What is 6213'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.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 30.2x |
| Fair PE Ratio | 30x |
Price-To-Earnings vs Fair Ratio: 6213 is expensive based on its Price-To-Earnings Ratio (30.2x) compared to the estimated Fair Price-To-Earnings Ratio (30x).
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
| Date | Share Price | Average 1Y Price Target | Dispersion | High | Low | 1Y Actual price | Analysts |
|---|---|---|---|---|---|---|---|
| Current | NT$77.40 | NT$93.16 +20.4% | 24.1% | NT$140.00 | NT$70.00 | n/a | 8 |
| Nov ’25 | NT$78.90 | NT$93.29 +18.2% | 24.0% | NT$140.00 | NT$70.00 | n/a | 8 |
| Oct ’25 | NT$75.30 | NT$97.16 +29.0% | 21.9% | NT$140.00 | NT$70.00 | n/a | 8 |
| Sep ’25 | NT$81.30 | NT$97.16 +19.5% | 21.9% | NT$140.00 | NT$70.00 | n/a | 8 |
| Aug ’25 | NT$93.30 | NT$117.80 +26.3% | 16.0% | NT$152.00 | NT$95.00 | n/a | 8 |
| Jul ’25 | NT$118.50 | NT$121.80 +2.8% | 17.7% | NT$152.00 | NT$93.00 | n/a | 8 |
| Jun ’25 | NT$110.50 | NT$116.70 +5.6% | 17.4% | NT$147.00 | NT$89.50 | n/a | 7 |
| May ’25 | NT$109.50 | NT$105.59 -3.6% | 19.6% | NT$147.00 | NT$79.00 | n/a | 7 |
| Apr ’25 | NT$107.00 | NT$99.83 -6.7% | 15.9% | NT$120.00 | NT$76.00 | n/a | 7 |
| Mar ’25 | NT$90.60 | NT$96.80 +6.8% | 15.6% | NT$120.00 | NT$76.00 | n/a | 6 |
| Feb ’25 | NT$82.90 | NT$93.72 +13.0% | 20.4% | NT$120.00 | NT$67.00 | n/a | 6 |
| Jan ’25 | NT$84.80 | NT$85.58 +0.9% | 20.3% | NT$103.00 | NT$67.00 | n/a | 4 |
| Dec ’24 | NT$87.00 | NT$85.63 -1.6% | 19.2% | NT$103.00 | NT$67.00 | n/a | 6 |
| Nov ’24 | NT$80.20 | NT$85.13 +6.2% | 18.7% | NT$102.80 | NT$67.00 | NT$78.90 | 6 |
| Oct ’24 | NT$91.20 | NT$83.06 -8.9% | 15.5% | NT$100.00 | NT$64.00 | NT$75.30 | 7 |
| Sep ’24 | NT$96.60 | NT$80.78 -16.4% | 13.6% | NT$100.00 | NT$64.00 | NT$81.30 | 7 |
| Aug ’24 | NT$77.70 | NT$70.50 -9.3% | 11.0% | NT$84.00 | NT$60.00 | NT$93.30 | 6 |
| Jul ’24 | NT$69.10 | NT$68.30 -1.2% | 11.8% | NT$84.00 | NT$62.50 | NT$118.50 | 5 |
| Jun ’24 | NT$71.60 | NT$68.30 -4.6% | 11.8% | NT$84.00 | NT$62.50 | NT$110.50 | 5 |
| May ’24 | NT$69.90 | NT$74.00 +5.9% | 12.3% | NT$84.00 | NT$62.00 | NT$109.50 | 5 |
| Apr ’24 | NT$78.30 | NT$87.20 +11.4% | 26.1% | NT$130.00 | NT$62.00 | NT$107.00 | 5 |
| Mar ’24 | NT$75.20 | NT$80.83 +7.5% | 29.6% | NT$130.00 | NT$58.00 | NT$90.60 | 6 |
| Feb ’24 | NT$82.80 | NT$80.20 -3.1% | 32.7% | NT$130.00 | NT$58.00 | NT$82.90 | 5 |
| Jan ’24 | NT$72.60 | NT$79.60 +9.6% | 33.5% | NT$130.00 | NT$57.00 | NT$84.80 | 5 |
| Dec ’23 | NT$76.30 | NT$75.40 -1.2% | 38.4% | NT$130.00 | NT$52.00 | NT$87.00 | 5 |
| Nov ’23 | NT$55.70 | NT$75.40 +35.4% | 38.4% | NT$130.00 | NT$52.00 | NT$80.20 | 5 |
Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.
Discover undervalued companies
LARGAN PrecisionLtd
NT$323.0b
Manufactures and sells precision optical plastic lenses in China, South Korea, Vietnam, Japan, and internationally.
3008
NT$2,420.00
7D
5.0%
1Y
14.2%
Yageo
NT$268.4b
Engages in the manufacture and sale of passive components in China, Europe, the United States, and rest of Asia.
2327
NT$533.00
7D
-2.7%
1Y
16.4%
Wiwynn
NT$401.4b
Manufactures and sells servers and storage products in cloud infrastructure and hyperscale data center in the United States, Europe, Asia, and internationally.
6669
NT$2,160.00
7D
4.9%
1Y
18.0%