Tung Ho Steel Enterprise Corp Relative Valuation - Tung Ho Steel Enterprise Corp - Alpha Spread
T

Tung Ho Steel Enterprise Corp
TWSE:2006

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Tung Ho Steel Enterprise Corp
TWSE:2006
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Price: 76.7 TWD 0.79% Market Closed
Market Cap: 56B TWD
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Relative Value

The Relative Value of one Tung Ho Steel Enterprise Corp stock under the Base Case scenario is 88.89 TWD. Compared to the current market price of 76.7 TWD, Tung Ho Steel Enterprise Corp is Undervalued by 14%.

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
88.89 TWD
Undervaluation 14%
Relative Value
Price
T
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
3
vs Industry
69
Median 3Y
0.7
Median 5Y
0.6
Industry
1.7
Forward
0.9
vs History
11
vs Industry
21
Median 3Y
8.9
Median 5Y
9
Industry
15.4
Forward
12.1
vs History
26
vs Industry
12
Median 3Y
8.9
Median 5Y
6.4
Industry
8.8
vs History
22
vs Industry
8
Median 3Y
15.8
Median 5Y
15.3
Industry
14.4
vs History
3
vs Industry
32
Median 3Y
1.5
Median 5Y
1.3
Industry
1.4
vs History
3
vs Industry
66
Median 3Y
0.9
Median 5Y
0.8
Industry
2.1
Forward
1.1
vs History
17
vs Industry
42
Median 3Y
6.5
Median 5Y
6.5
Industry
7
vs History
11
vs Industry
19
Median 3Y
7.4
Median 5Y
7.4
Industry
9.9
Forward
18
vs History
23
vs Industry
19
Median 3Y
9.3
Median 5Y
9.4
Industry
12.7
Forward
11.8
vs History
34
vs Industry
12
Median 3Y
11.6
Median 5Y
8.6
Industry
10.1
vs History
44
vs Industry
9
Median 3Y
16.2
Median 5Y
13.4
Industry
12.9
vs History
1
vs Industry
40
Median 3Y
1.2
Median 5Y
1
Industry
1.2

Multiples Across Competitors

Competitors Multiples
Tung Ho Steel Enterprise 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
Tung Ho Steel Enterprise Corp
TWSE:2006
56B TWD 0.9 11.8 9.1 11.4
ZA
Kumba Iron Ore Ltd
JSE:KIO
109.7B Zac 0 0 0 0
IN
BMW Industries Ltd
BSE:542669
6.8T INR 1 142.8 10 723.2 4 671.8 6 714.5
BR
Vale SA
BOVESPA:VALE3
248.7B BRL 1.2 5.1 3.3 4
AU
Fortescue Ltd
XMUN:FVJ
33.2B EUR 2 6.5 4.4 4.4
AU
Fortescue Metals Group Ltd
ASX:FMG
54.3B AUD 2 6.5 4.4 4.4
US
Nucor Corp
NYSE:NUE
35.4B USD 1.1 10.4 6.1 7.7
IN
JSW Steel Ltd
NSE:JSWSTEEL
2.4T INR 1.3 32.3 10.9 15.7
IN
Tata Steel Ltd
NSE:TATASTEEL
1.9T INR 0.8 -46.4 10 17.2
KR
Posco Holdings Inc
KRX:005490
28.6T KRW 0.4 21.1 4.7 11.1
JP
Nippon Steel Corp
TSE:5401
2.9T JPY 0.3 5.4 5.1 8.4

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