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Shinkong Synthetic Fiber Corp
TWSE:1409

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Shinkong Synthetic Fiber Corp
TWSE:1409
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Price: 16.8 TWD -4.27% Market Closed
Market Cap: NT$27.2B

P/B

0.7
Current
4%
Cheaper
vs 3-y average of 0.7

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
0.7
=
Market Cap
NT$27.4B
/
Total Equity
NT$41.4B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
0.7
=
Market Cap
NT$27.4B
/
Total Equity
NT$41.4B

Valuation Scenarios

Shinkong Synthetic Fiber Corp is trading below its 3-year average

If P/B returns to its 3-Year Average (0.7), the stock would be worth NT$17.47 (4% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+165%
Average Upside
68%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 0.7 NT$16.8
0%
3-Year Average 0.7 NT$17.47
+4%
5-Year Average 0.8 NT$19.41
+16%
Industry Average 1.2 NT$31.73
+89%
Country Average 1.7 NT$44.52
+165%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close

Market Distribution

Lower than 95% of companies in Taiwan
Percentile
5th
Based on 866 companies
5th percentile
0.7
Low
0.4 — 1.3
Typical Range
1.3 — 2.5
High
2.5 —
Distribution Statistics
Taiwan
Min 0.4
30th Percentile 1.3
Median 1.7
70th Percentile 2.5
Max 156.9

Shinkong Synthetic Fiber Corp
Glance View

Market Cap
27.2B TWD
Industry
Chemicals

Shinkong Synthetic Fibers Corp. engages in the manufacture and sale of synthetic fibers and false twisted textured yarns. The company is headquartered in Taipei City, Taipei. Its chemical fiber products include polyester granules, polyester cotton, processed polyester filaments, industrial polyester yarns and polyester filaments. Its plastic products include polyester granules for bottles and industrial plastic products, among others. The products of the Company are applied in textile fibers, apparels, decorations, electric motors, electronic products, automotive parts and household appliances. The firm operates through three segments, including polyester segment, financial securities segment and photoelectric segment. The firm operates businesses in Asia and Europe.

Intrinsic Value
16.56 TWD
Overvaluation 1%
Intrinsic Value
Price NT$16.8
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