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Winbond Electronics Corp
TWSE:2344

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Winbond Electronics Corp
TWSE:2344
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Price: 91.1 TWD 3.76% Market Closed
Market Cap: NT$410B

EV/OCF

36.8
Current
153%
More Expensive
vs 3-y average of 14.6

Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.

EV/OCF
36.8
=
Enterprise Value
NT$505.9B
/
Operating Cash Flow
NT$11.2B

Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.

EV/OCF
36.8
=
Enterprise Value
NT$505.9B
/
Operating Cash Flow
NT$11.2B

Valuation Scenarios

Winbond Electronics Corp is trading above its 3-year average

If EV/OCF returns to its 3-Year Average (14.6), the stock would be worth NT$36.02 (60% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-73%
Maximum Upside
No Upside Scenarios
Average Downside
62%
Scenario EV/OCF Value Implied Price Upside/Downside
Current Multiple 36.8 NT$91.1
0%
3-Year Average 14.6 NT$36.02
-60%
5-Year Average 9.9 NT$24.42
-73%
Industry Average 18 NT$44.54
-51%
Country Average 14.3 NT$35.3
-61%

Forward EV/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward EV/OCF

Peer Comparison

All Multiples
EV/OCF
P/E
All Countries
Close
Market Cap EV/OCF P/E
TW
Winbond Electronics Corp
TWSE:2344
410B TWD 36.8 103.5
US
NVIDIA Corp
NASDAQ:NVDA
4.9T USD 46.8 40.5
US
Broadcom Inc
NASDAQ:AVGO
1.9T USD 65.8 76.3
TW
Taiwan Semiconductor Manufacturing Co Ltd
TWSE:2330
53.2T TWD 21.6 28.2
US
Micron Technology Inc
NASDAQ:MU
506.9B USD 16.4 21
KR
SK Hynix Inc
KRX:000660
701.7T KRW 15.8 19.7
US
Advanced Micro Devices Inc
NASDAQ:AMD
463.7B USD 59.1 107
US
Intel Corp
NASDAQ:INTC
330.9B USD 35 -1 239.3
US
Texas Instruments Inc
NASDAQ:TXN
211.5B USD 30.8 42.5
US
Analog Devices Inc
NASDAQ:ADI
183.2B USD 37 67.7
UK
Arm Holdings PLC
NASDAQ:ARM
186.4B USD 120.4 232.7

Market Distribution

Higher than 83% of companies in Taiwan
Percentile
83nd
Based on 705 companies
83nd percentile
36.8
Low
0.4 — 10.4
Typical Range
10.4 — 23.6
High
23.6 —
Distribution Statistics
Taiwan
Min 0.4
30th Percentile 10.4
Median 14.3
70th Percentile 23.6
Max 8 048.6

Winbond Electronics Corp
Glance View

Market Cap
410B TWD
Industry
Semiconductors

Founded in the vibrant tech landscape of Taiwan, Winbond Electronics Corp. has carved out a notable niche as a prominent player in the semiconductor industry. Born in 1987, the company has grown into a powerhouse known for its commitment to producing high-quality memory solutions. Specializing in DRAM (Dynamic Random Access Memory) and NOR Flash memory, Winbond creates essential components that are fundamental to a plethora of digital devices. Their products power everything from industrial tools and consumer electronics to cutting-edge automotive systems, making the company a crucial cog in the wheel of global digital innovation. By nurturing a robust research and development program, Winbond continuously refines its technology to enhance performance and energy efficiency, ensuring that it remains on the cutting edge of the memory market. Winbond’s business model admirably balances manufacturing prowess with strategic market positioning. Its revenue streams are fueled by a broad portfolio of semiconductor memory products, catering to a diverse clientele across various sectors. By maintaining control over its own manufacturing facilities, Winbond ensures a high level of quality control and production efficiency, which are critical in managing the cyclical nature of the semiconductor industry. Furthermore, Winbond's commitment to customer-centric solutions strengthens its competitive edge, as the company adeptly responds to evolving market demands. This strategic approach not only sustains its profitability but also reinforces its reputation as a reliable supplier in the global memory market, underscoring Winbond's role as an integral part of the digital ecosystem.

Intrinsic Value
207.91 TWD
Undervaluation 56%
Intrinsic Value
Price NT$91.1
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