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Gold Circuit Electronics Ltd
TWSE:2368

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Gold Circuit Electronics Ltd
TWSE:2368
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Price: 1 390 TWD 2.21% Market Closed
Market Cap: NT$702.1B

P/FCFE

59.8
Current
87%
More Expensive
vs 3-y average of 32

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
59.8
=
Market Cap
NT$582.5B
/
Free Cash Flow to Equity
NT$11.6B

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
59.8
=
Market Cap
NT$582.5B
/
Free Cash Flow to Equity
NT$11.6B

Valuation Scenarios

Gold Circuit Electronics Ltd is trading above its 3-year average

If P/FCFE returns to its 3-Year Average (32), the stock would be worth NT$743.15 (47% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-68%
Maximum Upside
No Upside Scenarios
Average Downside
54%
Scenario P/FCFE Value Implied Price Upside/Downside
Current Multiple 59.8 NT$1 390
0%
3-Year Average 32 NT$743.15
-47%
5-Year Average 35.5 NT$826
-41%
Industry Average 22.4 NT$521.51
-62%
Country Average 19.4 NT$450.26
-68%

Forward P/FCFE
Today’s price vs future free cash flow to equity

Not enough data available to calculate forward P/FCFE

Peer Comparison

All Multiples
P/FCFE
P/E
All Countries
Close
Market Cap P/FCFE P/E
TW
Gold Circuit Electronics Ltd
TWSE:2368
695B TWD 59.8 72.3
US
II-VI Inc
LSE:0LHO
522.4B USD -644.1 2 717.6
JP
Canon Electronics Inc
TSE:7739
40.9T JPY 28.2 22.9
US
Amphenol Corp
NYSE:APH
174.5B USD 13.8 40.9
TW
Delta Electronics Inc
TWSE:2308
5.6T TWD 88.4 88.6
US
Corning Inc
NYSE:GLW
127.9B USD 176.6 80.1
TH
Delta Electronics Thailand PCL
SET:DELTA
3.9T THB 309.6 158.8
CN
Eoptolink Technology Inc Ltd
SZSE:300502
522.6B CNY 81.3 48.7
CN
Luxshare Precision Industry Co Ltd
SZSE:002475
488.2B CNY 26.8 29.4
US
Coherent Corp
NYSE:COHR
61.8B USD -76.8 324.1
JP
Murata Manufacturing Co Ltd
TSE:6981
9.4T JPY 42.9 49.3

Market Distribution

Higher than 82% of companies in Taiwan
Percentile
82nd
Based on 598 companies
82nd percentile
59.8
Low
1.5 — 12.4
Typical Range
12.4 — 33.6
High
33.6 —
Distribution Statistics
Taiwan
Min 1.5
30th Percentile 12.4
Median 19.4
70th Percentile 33.6
Max 9 890.8

Gold Circuit Electronics Ltd
Glance View

Market Cap
702.1B TWD
Industry
Electrical Equipment

Gold Circuit Electronics Ltd., founded in the heart of Taiwan's bustling technology landscape, stands as an eminent player in the arena of printed circuit board (PCB) manufacturing. As the lifeblood of electronic devices, these intricately designed circuits power everything from smartphones to sophisticated industrial machinery. Nestled within one of the world's most vibrant tech hubs, Gold Circuit Electronics has carved a niche by catering to a diverse clientele that ranges from consumer electronics giants to automotive and industrial sectors. Their expertise lies in producing high-mix, low-to-medium volume PCBs—an approach that demands precision and adaptability, and allows the company to capture the value created at the intersection of quality and customization. The company thrives on innovation and a robust manufacturing process, underpinned by state-of-the-art technologies and a keen emphasis on sustainable practices. Adhering to rigorous quality standards, Gold Circuit Electronics delivers reliable, high-performance PCBs that anchor their reputation and differentiate them in a highly competitive market. The firm's revenue streams are fortified by long-standing partnerships and a relentless pursuit of operational excellence, which translates to value for their customers through reduced lead times and enhanced product reliability. All these elements come together to create a solid financial structure, ensuring Gold Circuit Electronics not only sustains but elevates its standing within the global electronics supply chain.

Intrinsic Value
1 172.23 TWD
Overvaluation 16%
Intrinsic Value
Price NT$1 390
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