STARLUX Airlines Co., Ltd.

TWSE:2646 Stock Report

Market Cap: NT$83.5b

STARLUX Airlines Valuation

Is 2646 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • 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 2646 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 2646's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 2646's fair value for valuation analysis.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 2646?

Key metric: As 2646 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 2646. This is calculated by dividing 2646's market cap by their current earnings.
What is 2646's PE Ratio?
PE Ratio60.9x
EarningsNT$1.37b
Market CapNT$83.49b

Price to Earnings Ratio vs Peers

How does 2646's PE Ratio compare to its peers?

The above table shows the PE ratio for 2646 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average13.7x
6757 Tigerair Taiwan
11.5xn/aNT$34.0b
2610 China Airlines
14.5x-7.8%NT$148.8b
2618 EVA Airways
8.4x-28.5%NT$224.1b
2633 Taiwan High Speed Rail
20.3x2.7%NT$160.7b
2646 STARLUX Airlines
60.9xn/aNT$83.5b

Price-To-Earnings vs Peers: 2646 is expensive based on its Price-To-Earnings Ratio (60.9x) compared to the peer average (13.7x).


Price to Earnings Ratio vs Industry

How does 2646's PE Ratio compare vs other companies in the Asian Airlines Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
2646 60.9xIndustry Avg. 12.0xNo. of Companies5PE01020304050+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 2646 is expensive based on its Price-To-Earnings Ratio (60.9x) compared to the Asian Airlines industry average (11.3x).


Price to Earnings Ratio vs Fair Ratio

What is 2646'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.

2646 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio60.9x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 2646'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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