Sayfa yüklenirken bir hata oluştu.
Teknik ekibimiz bilgilendirildi, ancak sorunun devam etmesi durumunda lütfen e-posta destek widget ile bize ulaşın.
Metrics | Range | Conclusion |
---|---|---|
Selected LTM EBITDA Multiple | 9,3x - 10,3x | 9,8x |
Selected Fwd EBITDA Multiple | 6,5x - 7,2x | 6,9x |
Fair Value | NT$ 31,72 - NT$ 39,49 | NT$ 35,60 |
Upside | -6,7% - 16,1% | 4,7% |
Benchmarks | Ticker | Full Ticker |
Triocean Industrial Corporation Co., Ltd. | 1472 | TWSE:1472 |
Alfa S.A.B. de C.V. | ALFA A | BMV:ALFAA |
Tae Kwang Corporation | A023160 | KOSDAQ:A023160 |
Easy Field Corporation | 6425 | TPEX:6425 |
Symtek Automation Asia Co., Ltd. | 6438 | TWSE:6438 |
Far Eastern New Century Corporation | 1402 | TWSE:1402 |
- | - | - |
Select LTM EBITDA Multiple | |||||||
Benchmark Companies | |||||||
1472 | ALFA A | A023160 | 6425 | 6438 | 1402 | ||
TWSE:1472 | BMV:ALFAA | KOSDAQ:A023160 | TPEX:6425 | TWSE:6438 | TWSE:1402 | ||
Historical EBITDA Growth | |||||||
5Y CAGR | NM- | -9.0% | 43.6% | NM- | 42.0% | 4.2% | |
3Y CAGR | 45.1% | -23.5% | 30.4% | NM- | -19.3% | 7.7% | |
Latest Twelve Months | 10.9% | 18.6% | -25.2% | 374.2% | -45.1% | 12.8% | |
Historical EBITDA Profit Margin | |||||||
5 Year Average Margin | 93.2% | 10.0% | 14.0% | 0.0% | 13.5% | 14.4% | |
Prior Fiscal Year | 7.4% | 9.1% | 21.5% | -3.2% | 14.0% | 14.6% | |
Latest Fiscal Year | 6.8% | 9.7% | 18.8% | 5.7% | 8.7% | 15.6% | |
Latest Twelve Months | 6.8% | 8.7% | 18.8% | 5.7% | 8.7% | 15.6% | |
Current Trading Multiples | |||||||
EV / LTM Revenue | 1.28x | 0.87x | 1.48x | 1.63x | 2.12x | 1.53x | |
EV / LTM EBITDA | 18.7x | 9.9x | 7.9x | 28.4x | 24.4x | 9.8x | |
EV / LTM EBIT | 19.5x | 12.2x | 9.9x | 53.6x | 27.0x | 23.4x | |
Low | Mid | High | |||||
Benchmark EV / LTM EBITDA | 7.9x | 18.7x | 28.4x | ||||
Historical EV / LTM EBITDA | 9.8x | 10.8x | 12.9x | ||||
Selected EV / LTM EBITDA | 9.3x | 9.8x | 10.3x | ||||
(x) LTM EBITDA | 42,358 | 42,358 | 42,358 | ||||
(=) Implied Enterprise Value | 394,332 | 415,087 | 435,841 | ||||
(-) Non-shareholder Claims * | (225,527) | (225,527) | (225,527) | ||||
(=) Equity Value | 168,805 | 189,560 | 210,314 | ||||
(/) Shares Outstanding | 5,352.1 | 5,352.1 | 5,352.1 | ||||
Implied Value Range | 31.54 | 35.42 | 39.30 | ||||
FX Rate: TWD/TWD | 1.0 | 1.0 | 1.0 | Market Price | |||
Implied Value Range (Trading Cur) | 31.54 | 35.42 | 39.30 | 34.00 | |||
Upside / (Downside) | -7.2% | 4.2% | 15.6% |
Equity Waterfall | |||||||
Benchmark Companies | |||||||
(in millions) | 1472 | ALFA A | A023160 | 6425 | 6438 | 1402 | |
Enterprise Value | 3,039 | 145,996 | 389,600 | 2,832 | 11,670 | 407,498 | |
(+) Cash & Short Term Investments | 2,587 | 10,025 | 119,194 | 668 | 2,370 | 51,303 | |
(+) Investments & Other | 31 | 141 | 88,954 | 49 | 311 | 83,107 | |
(-) Debt | (533) | (62,500) | (2,766) | (1,092) | (1,035) | (274,232) | |
(-) Other Liabilities | 0 | (10,562) | (43,440) | (51) | (146) | (85,705) | |
(-) Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | |
(-) Other | 0 | 0 | 0 | 0 | 0 | 0 | |
Value of Common Equity | 5,124 | 83,100 | 551,542 | 2,406 | 13,169 | 181,971 | |
(/) Shares Outstanding | 51.3 | 5,558.5 | 25.9 | 48.6 | 82.1 | 5,352.1 | |
Implied Stock Price | 99.90 | 14.95 | 21,300.00 | 49.50 | 160.50 | 34.00 | |
FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |
Implied Stock Price (Trading Cur) | 99.90 | 14.95 | 21,300.00 | 49.50 | 160.50 | 34.00 | |
Trading Currency | TWD | MXN | KRW | TWD | TWD | TWD | |
FX Rate to Reporting Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |