ITEQ Corporation

TWSE:6213 Stock Report

Market Cap: NT$28.5b

ITEQ Valuation

Is 6213 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book 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$78.4) is trading below our estimate of fair value (NT$917.71)

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 unprofitable and pre-revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for 6213. This is calculated by dividing 6213's market cap by their current book value.
What is 6213's PB Ratio?
PB Ration/a
BookNT$0
Market CapNT$28.46b

Price to Book Ratio vs Peers

How does 6213's PB Ratio compare to its peers?

The above table shows the PB ratio for 6213 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average4.8x
6510 Chunghwa Precision Test Tech
3.5x74.7%NT$27.3b
3211 Dynapack International Technology
2.7xn/aNT$27.0b
3362 Ability Opto-Electronics TechnologyLtd
8xn/aNT$28.2b
2359 Solomon Technology
5xn/aNT$27.9b
6213 ITEQ
n/a1.9%NT$28.5b

Price-To-Book vs Peers: Insufficient data to calculate 6213's Price-To-Book Ratio vs. peers for valuation analysis.

Price to Book Ratio vs Industry

How does 6213's PB Ratio compare vs other companies in the TW Electronic Industry?

1 CompanyPrice / BookEstimated GrowthMarket Cap
6213 is unprofitableIndustry Avg. 1.8xNo. of Companies46PB01.22.43.64.86+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: Insufficient data to calculate 6213's Price-To-Book Ratio vs. industry for valuation analysis.

Price to Book Ratio vs Fair Ratio

What is 6213's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

6213 PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ration/a
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate 6213's Price-To-Book 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?

The above table shows the analyst 6213 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentNT$78.40
NT$93.16
+18.8%
24.1%NT$140.00NT$70.00n/a8
Dec ’25NT$75.40
NT$93.16
+23.6%
24.1%NT$140.00NT$70.00n/a8
Nov ’25NT$78.90
NT$93.29
+18.2%
24.0%NT$140.00NT$70.00n/a8
Oct ’25NT$75.30
NT$97.16
+29.0%
21.9%NT$140.00NT$70.00n/a8
Sep ’25NT$81.30
NT$97.16
+19.5%
21.9%NT$140.00NT$70.00n/a8
Aug ’25NT$93.30
NT$117.80
+26.3%
16.0%NT$152.00NT$95.00n/a8
Jul ’25NT$118.50
NT$121.80
+2.8%
17.7%NT$152.00NT$93.00n/a8
Jun ’25NT$110.50
NT$116.70
+5.6%
17.4%NT$147.00NT$89.50n/a7
May ’25NT$109.50
NT$105.59
-3.6%
19.6%NT$147.00NT$79.00n/a7
Apr ’25NT$107.00
NT$99.83
-6.7%
15.9%NT$120.00NT$76.00n/a7
Mar ’25NT$90.60
NT$96.80
+6.8%
15.6%NT$120.00NT$76.00n/a6
Feb ’25NT$82.90
NT$93.72
+13.0%
20.4%NT$120.00NT$67.00n/a6
Jan ’25NT$84.80
NT$85.58
+0.9%
20.3%NT$103.00NT$67.00n/a4
Dec ’24NT$87.00
NT$85.63
-1.6%
19.2%NT$103.00NT$67.00NT$75.406
Nov ’24NT$80.20
NT$85.13
+6.2%
18.7%NT$102.80NT$67.00NT$78.906
Oct ’24NT$91.20
NT$83.06
-8.9%
15.5%NT$100.00NT$64.00NT$75.307
Sep ’24NT$96.60
NT$80.78
-16.4%
13.6%NT$100.00NT$64.00NT$81.307
Aug ’24NT$77.70
NT$70.50
-9.3%
11.0%NT$84.00NT$60.00NT$93.306
Jul ’24NT$69.10
NT$68.30
-1.2%
11.8%NT$84.00NT$62.50NT$118.505
Jun ’24NT$71.60
NT$68.30
-4.6%
11.8%NT$84.00NT$62.50NT$110.505
May ’24NT$69.90
NT$74.00
+5.9%
12.3%NT$84.00NT$62.00NT$109.505
Apr ’24NT$78.30
NT$87.20
+11.4%
26.1%NT$130.00NT$62.00NT$107.005
Mar ’24NT$75.20
NT$80.83
+7.5%
29.6%NT$130.00NT$58.00NT$90.606
Feb ’24NT$82.80
NT$80.20
-3.1%
32.7%NT$130.00NT$58.00NT$82.905
Jan ’24NT$72.60
NT$79.60
+9.6%
33.5%NT$130.00NT$57.00NT$84.805
Dec ’23NT$76.30
NT$75.40
-1.2%
38.4%NT$130.00NT$52.00NT$87.005

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

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/18 07:37
End of Day Share Price 2024/12/18 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

ITEQ Corporation is covered by 15 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Zhaoxiang YenCapital Securities Corporation
null nullCapital Securities Corporation
SW ChenCL Securities Taiwan Company Limited