Formosa Laboratories Inc
TWSE:4746

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Formosa Laboratories Inc
TWSE:4746
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Price: 73.6 TWD 0.96% Market Closed
Market Cap: 8.9B TWD

Relative Value

The Relative Value of one Formosa Laboratories Inc stock under the Base Case scenario is 108.92 TWD. Compared to the current market price of 73.6 TWD, Formosa Laboratories Inc is Undervalued by 32%.

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
108.92 TWD
Undervaluation 32%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
59
vs Industry
39
Median 3Y
2.4
Median 5Y
2.1
Industry
2.4
Forward
1.8
vs History
27
vs Industry
3
Median 3Y
21.6
Median 5Y
12
Industry
20.5
Forward
13.6
vs History
85
vs Industry
27
Median 3Y
14.8
Median 5Y
14.5
Industry
15.4
vs History
4
vs Industry
19
Median 3Y
21.1
Median 5Y
-8.9
Industry
22.6
vs History
33
vs Industry
45
Median 3Y
1.2
Median 5Y
1.1
Industry
2
vs History
98
vs Industry
35
Median 3Y
2.8
Median 5Y
2.8
Industry
2.5
Forward
2
vs History
98
vs Industry
29
Median 3Y
7
Median 5Y
7.6
Industry
4.9
vs History
98
vs Industry
30
Median 3Y
13
Median 5Y
16
Industry
12.6
Forward
7.6
vs History
69
vs Industry
21
Median 3Y
19.2
Median 5Y
19.8
Industry
15.6
Forward
13.2
vs History
98
vs Industry
25
Median 3Y
16.8
Median 5Y
18
Industry
13.9
vs History
25
vs Industry
9
Median 3Y
43
Median 5Y
-9.9
Industry
17.7
vs History
40
vs Industry
50
Median 3Y
1
Median 5Y
0.9
Industry
1.8

Multiples Across Competitors

Competitors Multiples
Formosa Laboratories Inc Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
TW
Formosa Laboratories Inc
TWSE:4746
8.9B TWD 1.9 22.5 8 13.8
US
Eli Lilly and Co
NYSE:LLY
793.6B USD 17.6 74.9 43.5 48
UK
Dechra Pharmaceuticals PLC
LSE:DPH
440.4B GBP 578.3 -15 783.5 3 846.3 17 702.3
US
Johnson & Johnson
NYSE:JNJ
393.8B USD 4.4 28 13.1 17.2
DK
Novo Nordisk A/S
CSE:NOVO B
2.3T DKK 8.1 23.3 15.3 17.4
CH
Roche Holding AG
SIX:ROG
246.5B CHF 4.2 21.4 11.9 14.2
US
Merck & Co Inc
NYSE:MRK
235.8B USD 3.7 13.8 9.3 10.9
UK
AstraZeneca PLC
LSE:AZN
180B GBP 4.3 33.1 127.1 194.1
CH
Novartis AG
SIX:NOVN
202B CHF 4.4 19.1 11.6 14.8
IE
Endo International PLC
LSE:0Y5F
166.1B USD 71.6 -56.8 265.3 665.3
US
Pfizer Inc
NYSE:PFE
148.9B USD 2.3 18.5 8.8 12.5
P/E Multiple
Earnings Growth PEG
TW
Formosa Laboratories Inc
TWSE:4746
Average P/E: 28.3
22.5
N/A N/A
US
Eli Lilly and Co
NYSE:LLY
74.9
48%
1.6
UK
Dechra Pharmaceuticals PLC
LSE:DPH
Negative Multiple: -15 783.5 N/A N/A
US
Johnson & Johnson
NYSE:JNJ
28
26%
1.1
DK
Novo Nordisk A/S
CSE:NOVO B
23.3
19%
1.2
CH
Roche Holding AG
SIX:ROG
21.4
16%
1.3
US
Merck & Co Inc
NYSE:MRK
13.8
17%
0.8
UK
AstraZeneca PLC
LSE:AZN
33.1
36%
0.9
CH
Novartis AG
SIX:NOVN
19.1
16%
1.2
IE
E
Endo International PLC
LSE:0Y5F
Negative Multiple: -56.8 N/A N/A
US
Pfizer Inc
NYSE:PFE
18.5
29%
0.6
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
TW
Formosa Laboratories Inc
TWSE:4746
Average EV/EBITDA: 396.4
8
N/A N/A
US
Eli Lilly and Co
NYSE:LLY
43.5
30%
1.5
UK
Dechra Pharmaceuticals PLC
LSE:DPH
3 846.3
36%
106.8
US
Johnson & Johnson
NYSE:JNJ
13.1
7%
1.9
DK
Novo Nordisk A/S
CSE:NOVO B
15.3
15%
1
CH
Roche Holding AG
SIX:ROG
11.9
8%
1.5
US
Merck & Co Inc
NYSE:MRK
9.3
9%
1
UK
AstraZeneca PLC
LSE:AZN
127.1
9%
14.1
CH
Novartis AG
SIX:NOVN
11.6
5%
2.3
IE
E
Endo International PLC
LSE:0Y5F
265.3
N/A N/A
US
Pfizer Inc
NYSE:PFE
8.8
3%
2.9
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
TW
Formosa Laboratories Inc
TWSE:4746
Average EV/EBIT: 1 701
13.8
N/A N/A
US
Eli Lilly and Co
NYSE:LLY
48
33%
1.5
UK
Dechra Pharmaceuticals PLC
LSE:DPH
17 702.3
98%
180.6
US
Johnson & Johnson
NYSE:JNJ
17.2
12%
1.4
DK
Novo Nordisk A/S
CSE:NOVO B
17.4
16%
1.1
CH
Roche Holding AG
SIX:ROG
14.2
9%
1.6
US
Merck & Co Inc
NYSE:MRK
10.9
12%
0.9
UK
AstraZeneca PLC
LSE:AZN
194.1
21%
9.2
CH
Novartis AG
SIX:NOVN
14.8
8%
1.9
IE
E
Endo International PLC
LSE:0Y5F
665.3
N/A N/A
US
Pfizer Inc
NYSE:PFE
12.5
10%
1.3