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Walsin Technology Corp
TWSE:2492

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Walsin Technology Corp
TWSE:2492
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Price: 131.5 TWD -2.23% Market Closed
Market Cap: NT$63.9B

P/FCFE

13.6
Current
93%
More Expensive
vs 3-y average of 7

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
13.6
=
Market Cap
NT$66.4B
/
Free Cash Flow to Equity
NT$4.7B

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
13.6
=
Market Cap
NT$66.4B
/
Free Cash Flow to Equity
NT$4.7B

Valuation Scenarios

Walsin Technology Corp is trading above its 3-year average

If P/FCFE returns to its 3-Year Average (7), the stock would be worth NT$68.28 (48% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-48%
Maximum Upside
+66%
Average Upside
6%
Scenario P/FCFE Value Implied Price Upside/Downside
Current Multiple 13.6 NT$131.5
0%
3-Year Average 7 NT$68.28
-48%
5-Year Average 8.6 NT$83.02
-37%
Industry Average 22.4 NT$217.68
+66%
Country Average 19.4 NT$187.94
+43%

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
Walsin Technology Corp
TWSE:2492
63.8B TWD 13.6 27.7
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

In line with most companies in Taiwan
Percentile
33rd
Based on 598 companies
33rd percentile
13.6
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

Walsin Technology Corp
Glance View

Market Cap
63.9B TWD
Industry
Electrical Equipment

Walsin Technology Corp., a Taiwanese powerhouse, weaves its narrative from the intricate world of electronic components, particularly with its significant play in passive components. Founded in the mid-1990s, the company swiftly positioned itself as a leader in chip resistors and multilayer ceramic capacitors (MLCCs), which form the backbone of various electronic devices across industries. At the heart of Walsin's operations is a state-of-the-art manufacturing process that enables it to scale efficiently while maintaining high standards of quality. This prowess in manufacturing not only satisfies burgeoning demand from consumer electronics, automotive sectors, and industrial applications but also reflects the company’s ingeniously streamlined production strategy that reduces costs while maximizing output. Financially, Walsin Technology thrives by tapping into the global wave of digitalization, standing resolute against competitive pressures through innovation and strategic relationships. The company benefits from its vertical integration strategy, which allows it to control the supply chain, thereby mitigating the risks associated with raw material procurement. Revenue streams are robustly diversified, with a growing emphasis on emerging technologies such as 5G and IoT devices that promise to sustain future growth. Walsin's customer-centric approach pairs neatly with its commitment to R&D, ensuring it anticipates market shifts and consistently remains at the technological forefront. Through adept management and visionary foresight, Walsin Technology solidifies its status as a pivotal player in the electronic components arena, channeling its resources and expertise into capturing the forefront of industry dynamics.

Intrinsic Value
71.67 TWD
Overvaluation 45%
Intrinsic Value
Price NT$131.5
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