Formosa Sumco Technology Corp
TWSE:3532

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Formosa Sumco Technology Corp
TWSE:3532
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Price: 71.8 TWD 4.36%
Market Cap: 27.8B TWD

Relative Value

The Relative Value of one Formosa Sumco Technology Corp stock under the Base Case scenario is 103.23 TWD. Compared to the current market price of 71.8 TWD, Formosa Sumco Technology Corp is Undervalued by 30%.

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
103.23 TWD
Undervaluation 30%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
98
vs Industry
45
Median 3Y
4
Median 5Y
4.3
Industry
2.6
Forward
1.6
vs History
68
vs Industry
30
Median 3Y
20.5
Median 5Y
28.6
Industry
21.6
Forward
6.4
vs History
63
vs Industry
32
Median 3Y
16.4
Median 5Y
16.4
Industry
13.8
vs History
69
vs Industry
31
Median 3Y
13.4
Median 5Y
19.6
Industry
19.3
vs History
98
vs Industry
62
Median 3Y
2.5
Median 5Y
2.5
Industry
1.9
vs History
74
vs Industry
34
Median 3Y
4.2
Median 5Y
4.1
Industry
2.6
Forward
2.5
vs History
57
vs Industry
24
Median 3Y
13.9
Median 5Y
17.8
Industry
8.8
vs History
50
vs Industry
36
Median 3Y
11.1
Median 5Y
11.5
Industry
12.8
Forward
6
vs History
34
vs Industry
23
Median 3Y
17.1
Median 5Y
23.6
Industry
17.4
Forward
9.9
vs History
23
vs Industry
23
Median 3Y
18.7
Median 5Y
14.6
Industry
13
vs History
vs Industry
27
Median 3Y
-4.8
Median 5Y
13.7
Industry
16.6
vs History
98
vs Industry
64
Median 3Y
1.7
Median 5Y
2.1
Industry
1.8

Multiples Across Competitors

Competitors Multiples
Formosa Sumco Technology Corp Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
TW
Formosa Sumco Technology Corp
TWSE:3532
27.8B TWD 2.2 21.4 11.4 27.7
NL
ASML Holding NV
AEX:ASML
227B EUR 8 30 22 24.2
US
Brooks Automation Inc
LSE:0HQ1
234.1B USD 360.4 -1 446.9 8 135.4 -4 010.2
US
Applied Materials Inc
NASDAQ:AMAT
119.5B USD 4.3 18.8 13.7 14.4
US
KLA Corp
NASDAQ:KLAC
89.1B USD 8.2 27.8 19.3 21.1
US
Lam Research Corp
NASDAQ:LRCX
86.7B USD 5.3 20.2 16.5 17.8
JP
Tokyo Electron Ltd
TSE:8035
9T JPY 3.9 17.1 12.2 13.2
CN
NAURA Technology Group Co Ltd
SZSE:002371
243.9B CNY 8.8 44.5 38.6 38.6
JP
Advantest Corp
TSE:6857
4.1T JPY 6.1 30.4 19.1 22
MY
ViTrox Corporation Bhd
KLSE:VITROX
121.4B MYR 219.7 1 343.1 1 007.1 1 127.4
NL
ASM International NV
AEX:ASM
18.5B EUR 6.3 27.1 18.1 22.6
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
TW
Formosa Sumco Technology Corp
TWSE:3532
Average EV/EBIT: 132.9
27.7
N/A N/A
NL
ASML Holding NV
AEX:ASML
24.2
18%
1.3
US
B
Brooks Automation Inc
LSE:0HQ1
Negative Multiple: -4 010.2 N/A N/A
US
Applied Materials Inc
NASDAQ:AMAT
14.4
9%
1.6
US
KLA Corp
NASDAQ:KLAC
21.1
15%
1.4
US
Lam Research Corp
NASDAQ:LRCX
17.8
17%
1
JP
Tokyo Electron Ltd
TSE:8035
13.2
N/A N/A
CN
NAURA Technology Group Co Ltd
SZSE:002371
38.6
34%
1.1
JP
Advantest Corp
TSE:6857
22
N/A N/A
MY
V
ViTrox Corporation Bhd
KLSE:VITROX
1 127.4
32%
35.2
NL
ASM International NV
AEX:ASM
22.6
24%
0.9