Ascent Development Co Ltd
TWSE:1439

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Ascent Development Co Ltd
TWSE:1439
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Price: 26.5 TWD 0.38% Market Closed
Market Cap: NT$2.4B

P/B

0.8
Current
12%
Cheaper
vs 3-y average of 0.9

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
0.8
=
Market Cap
NT$2.5B
/
Total Equity
NT$3B

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
0.8
=
Market Cap
NT$2.5B
/
Total Equity
NT$3B

Valuation Scenarios

Ascent Development Co Ltd is trading below its 3-year average

If P/B returns to its 3-Year Average (0.9), the stock would be worth NT$30.01 (13% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+109%
Average Upside
56%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 0.8 NT$26.5
0%
3-Year Average 0.9 NT$30.01
+13%
5-Year Average 0.9 NT$29.95
+13%
Industry Average 1.5 NT$49.44
+87%
Country Average 1.7 NT$55.49
+109%

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

Lower than 89% of companies in Taiwan
Percentile
11th
Based on 866 companies
11th percentile
0.8
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

Ascent Development Co Ltd
Glance View

Market Cap
2.4B TWD
Industry
Distributors

Ascent Development Co., Ltd. engages in the manufacture and sale of wool tops and carbonized wool. The company is headquartered in Taipei City, Taipei. The products of the Company include wool tops, shrink-resistant tops and shrink-resistant loose wool products. Its products are mainly for spinning mills to spin and to weave. The firm operates businesses through two segments. The Trading segment is engaged in the trading of wool related products. The Leasing segment is engaged in the leasing of properties. The firm operates businesses in both domestic and overseas markets, including Japan and Korea, among others.

Intrinsic Value
26.58 TWD
Fairly Valued
Intrinsic Value
Price NT$26.5
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