Asia Cement Corp
TWSE:1102

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Asia Cement Corp
TWSE:1102
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Price: 37.5 TWD 1.08%
Market Cap: 133B TWD

Relative Value

The Relative Value of one Asia Cement Corp stock under the Base Case scenario is 45.48 TWD. Compared to the current market price of 37.5 TWD, Asia Cement Corp is Undervalued by 18%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

Relative Value
Base Case
45.48 TWD
Undervaluation 18%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
36
vs Industry
18
Median 3Y
1.8
Median 5Y
1.7
Industry
1
Forward
1.7
vs History
57
vs Industry
40
Median 3Y
13.1
Median 5Y
11.5
Industry
15.9
Forward
12
vs History
69
vs Industry
40
Median 3Y
7.7
Median 5Y
8.2
Industry
9.1
vs History
28
vs Industry
27
Median 3Y
18.6
Median 5Y
11
Industry
14.9
vs History
96
vs Industry
54
Median 3Y
0.9
Median 5Y
0.9
Industry
1.3
vs History
39
vs Industry
23
Median 3Y
2
Median 5Y
2
Industry
1.2
Forward
2
vs History
53
vs Industry
14
Median 3Y
14.6
Median 5Y
12
Industry
5.6
vs History
53
vs Industry
27
Median 3Y
12.9
Median 5Y
10.6
Industry
10
Forward
9.7
vs History
55
vs Industry
20
Median 3Y
21.1
Median 5Y
16.4
Industry
12.8
Forward
17.3
vs History
66
vs Industry
44
Median 3Y
8.3
Median 5Y
9.1
Industry
10.5
vs History
69
vs Industry
37
Median 3Y
10.6
Median 5Y
16.4
Industry
13
vs History
87
vs Industry
52
Median 3Y
0.7
Median 5Y
0.7
Industry
0.9

Multiples Across Competitors

Competitors Multiples
Asia Cement Corp Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
TW
Asia Cement Corp
TWSE:1102
133B TWD 1.8 11.2 10.6 15.2
IE
CRH PLC
NYSE:CRH
88.1B USD 2.4 25.7 13.6 19.2
CH
Holcim AG
SIX:HOLN
42.7B CHF 2 2.7 8.8 12.6
DE
HeidelbergCement AG
XETRA:HEI
41.7B EUR 1.5 5.4 4.7 5.5
US
Vulcan Materials Co
NYSE:VMC
40.9B USD 5.2 36.7 19.5 28.5
US
Martin Marietta Materials Inc
NYSE:MLM
40B USD 6 34.8 20.6 28.9
IN
UltraTech Cement Ltd
NSE:ULTRACEMCO
3.6T INR 4.3 51 24.7 34.9
US
Amrize AG
SIX:AMRZ
25.5B CHF 3.6 35.1 22.3 25.4
DE
Heidelberg Materials AG
XMUN:HEI
27B EUR 1 3.5 3.2 3.8
IN
Grasim Industries Ltd
NSE:GRASIM
1.9T INR 1.2 46.8 10.3 13.2
MX
Cemex SAB de CV
NYSE:CX
18.3B USD 1.2 13.3 8.2 15.1
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
TW
Asia Cement Corp
TWSE:1102
Average EV/EBITDA: 13.3
10.6
8%
1.3
IE
C
CRH PLC
NYSE:CRH
13.6
10%
1.4
CH
Holcim AG
SIX:HOLN
8.8
-10%
N/A
DE
HeidelbergCement AG
XETRA:HEI
4.7
7%
0.7
US
Vulcan Materials Co
NYSE:VMC
19.5
13%
1.5
US
Martin Marietta Materials Inc
NYSE:MLM
20.6
11%
1.9
IN
UltraTech Cement Ltd
NSE:ULTRACEMCO
24.7
25%
1
US
A
Amrize AG
SIX:AMRZ
22.3
N/A N/A
DE
H
Heidelberg Materials AG
XMUN:HEI
3.2
7%
0.5
IN
Grasim Industries Ltd
NSE:GRASIM
10.3
-51%
N/A
MX
Cemex SAB de CV
NYSE:CX
8.2
6%
1.4