Micro-Star International Co Ltd
TWSE:2377

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Micro-Star International Co Ltd Logo
Micro-Star International Co Ltd
TWSE:2377
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Price: 98 TWD 0.51% Market Closed
Market Cap: NT$82.8B

P/B

1.5
Current
46%
Cheaper
vs 3-y average of 2.8

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.5
=
Market Cap
NT$78.1B
/
Total Equity
NT$54.6B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.5
=
Market Cap
NT$78.1B
/
Total Equity
NT$54.6B

Valuation Scenarios

Micro-Star International Co Ltd is trading below its 3-year average

If P/B returns to its 3-Year Average (2.8), the stock would be worth NT$181.94 (86% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+86%
Average Upside
52%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 1.5 NT$98
0%
3-Year Average 2.8 NT$181.94
+86%
5-Year Average 2.7 NT$175.27
+79%
Industry Average 2 NT$127.63
+30%
Country Average 1.7 NT$111.52
+14%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close

Market Distribution

In line with most companies in Taiwan
Percentile
42st
Based on 866 companies
42st percentile
1.5
Low
0.4 — 1.3
Typical Range
1.3 — 2.5
High
2.5 —
Distribution Statistics
Taiwan
Min 0.4
30th Percentile 1.3
Median 1.7
70th Percentile 2.5
Max 156.9

Micro-Star International Co Ltd
Glance View

Founded in 1986 in the dynamic tech landscape of Taiwan, Micro-Star International Co., Ltd., commonly known as MSI, has carved out a reputation as a dominant force in the production of computer hardware and electronics. Originally emerging from the burgeoning PC industry, MSI quickly established itself as a premier manufacturer of motherboards and graphics cards, essential components in the modern computing ecosystem. Over the years, the company expanded its reach into the realms of gaming and professional creation, capitalizing on the surge of the gaming industry by developing high-performance laptops, desktops, and peripherals designed to meet the rigorous demands of gamers and professionals alike. By marrying cutting-edge technology with a keen understanding of user needs, MSI has adeptly positioned itself within competitive markets, often leading the charge with innovative solutions that enhance user experience and performance. MSI’s financial strength is bolstered by its savvy market strategy and a robust global distribution network that ensures its products reach a wide audience. The company's revenue streams are diverse, yet interlinked, benefiting from its comprehensive portfolio that covers consumer, commercial, and industrial products. Apart from its hardware offerings, MSI has tapped into the burgeoning esports and gaming communities, sponsoring events and endorsing esports teams, which in turn boosts brand recognition and loyalty among tech-savvy and gaming-centric demographics. Through its dedication to quality and innovation, MSI has maintained a steady foothold in the tech industry, constantly adapting to the ever-evolving technological landscape and consumer preferences, ensuring its relevance and profitability in the global market.

Intrinsic Value
222.58 TWD
Undervaluation 56%
Intrinsic Value
Price NT$98
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