Airtac International Group
TWSE:1590

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Airtac International Group
TWSE:1590
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Price: 1 455 TWD -2.35%
Market Cap: NT$291B

EV/FCFF

53.9
Current
92%
More Expensive
vs 3-y average of 28.1

Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.

EV/FCFF
53.9
=
Enterprise Value
NT$203.2B
/
Free Cash Flow to Firm
NT$5.3B

Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.

EV/FCFF
53.9
=
Enterprise Value
NT$203.2B
/
Free Cash Flow to Firm
NT$5.3B

Valuation Scenarios

Airtac International Group is trading above its 3-year average

If EV/FCFF returns to its 3-Year Average (28.1), the stock would be worth NT$757.87 (48% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-48%
Maximum Upside
+20%
Average Downside
26%
Scenario EV/FCFF Value Implied Price Upside/Downside
Current Multiple 53.9 NT$1 455
0%
3-Year Average 28.1 NT$757.87
-48%
5-Year Average 64.5 NT$1 740.25
+20%
Industry Average 38.2 NT$1 030.36
-29%
Country Average 28.8 NT$777.19
-47%

Forward EV/FCFF
Today’s price vs future free cash flow to firm

Not enough data available to calculate forward EV/FCFF

Peer Comparison

All Multiples
EV/FCFF
P/E
All Countries
Close
Market Cap EV/FCFF P/E
CN
Airtac International Group
TWSE:1590
291B TWD 53.9 34.6
JP
Fujitec Co Ltd
TSE:6406
2 720 795.8T JPY 27.7 0
JP
Ishii Iron Works Co Ltd
TSE:6362
304.2T JPY 326 434.3 363 670.8
JP
Star Micronics Co Ltd
TSE:7718
48T JPY -8.8 29.8
US
Parker-Hannifin Corp
NYSE:PH
114.8B USD 36.5 32.4
JP
Freund Corp
TSE:6312
16.9T JPY 9 705.6 8 494.3
JP
Mitsubishi Heavy Industries Ltd
TSE:7011
15.5T JPY 27.5 55.2
SE
Atlas Copco AB
STO:ATCO A
848.5B SEK 32.7 32.1
US
Illinois Tool Works Inc
NYSE:ITW
74.5B USD 29.9 24.2
US
Barnes Group Inc
NYSE:B
65.9B USD 16.4 13.1
SE
Sandvik AB
STO:SAND
480.6B SEK 27.2 32.4

Market Distribution

In line with most companies in China
Percentile
68th
Based on 4 731 companies
68th percentile
53.9
Low
0 — 14.5
Typical Range
14.5 — 57
High
57 —
Distribution Statistics
China
Min 0
30th Percentile 14.5
Median 28.8
70th Percentile 57
Max 307 555.7

Airtac International Group
Glance View

Market Cap
291B TWD
Industry
Machinery

Airtac International Group, founded in 1988, has become a pivotal player in the pneumatic components industry. With its headquarters in Taiwan, the company has carved out a substantial presence across Asia and beyond, delivering a wide array of products essential for automation processes in various industries. Airtac’s core offerings encompass pneumatic cylinders, valves, and fittings, which are integral in ensuring the smooth operation of machinery by controlling airflow and maintaining pressure. By focusing on meeting the burgeoning demands of sectors such as electronics, automotive, and machinery manufacturing, Airtac has tapped into the expansive potential of industrial automation, a domain experiencing rapid technological advancements and widespread adoption globally. The company's business model is structured around robust manufacturing capabilities combined with an extensive distribution network. Airtac’s strategy involves maintaining tight control over its production processes, which allows it to ensure high-quality standards while keeping costs competitive. This is complemented by its strong emphasis on research and development, which not only propels innovations in product design but also aligns with evolving industry requirements. As industries increasingly move towards automation to boost efficiency and productivity, Airtac makes its revenue by supplying these critical components. The firm's financial health thrives on repeat sales and long-term partnerships with its clients, effectively positioning it as a stalwart supplier in the industrial landscape.

Intrinsic Value
1 020.47 TWD
Overvaluation 30%
Intrinsic Value
Price NT$1 455
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