EIKEI Group (Cayman) Co., Ltd.

TWSE:6924 Stock Report

Market Cap: NT$1.2b

EIKEI Group (Cayman) Valuation

Is 6924 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 6924 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 6924 (NT$60) is trading below our estimate of fair value (NT$82.35)

Significantly Below Fair Value: 6924 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 6924?

Key metric: As 6924 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 6924. This is calculated by dividing 6924's market cap by their current earnings.
What is 6924's PE Ratio?
PE Ratio12.2x
EarningsNT$97.12m
Market CapNT$1.19b

Price to Earnings Ratio vs Peers

How does 6924's PE Ratio compare to its peers?

The above table shows the PE ratio for 6924 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average74.3x
3229 Cheer Time Enterprise
124xn/aNT$1.2b
3426 Tai Shing Electronics Components
15xn/aNT$1.2b
3516 ADO Optronics
111.2xn/aNT$1.4b
6174 Aker Technology
47.1xn/aNT$1.4b
6924 EIKEI Group (Cayman)
12.2xn/aNT$1.2b

Price-To-Earnings vs Peers: 6924 is good value based on its Price-To-Earnings Ratio (12.2x) compared to the peer average (75x).

Price to Earnings Ratio vs Industry

How does 6924's PE Ratio compare vs other companies in the TW Electronic Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
6924 12.2xIndustry Avg. 22.0xNo. of Companies53PE01632486480+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 6924 is good value based on its Price-To-Earnings Ratio (12.2x) compared to the TW Electronic industry average (22x).

Price to Earnings Ratio vs Fair Ratio

What is 6924'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.

6924 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio12.2x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 6924'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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