Chung Hung Steel Corp
TWSE:2014

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Chung Hung Steel Corp
TWSE:2014
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Price: 15.2 TWD 3.4% Market Closed
Market Cap: 21.8B TWD

Relative Value

The Relative Value of one Chung Hung Steel Corp stock under the Base Case scenario is 25.6 TWD. Compared to the current market price of 15.2 TWD, Chung Hung Steel Corp is Undervalued by 41%.

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
25.6 TWD
Undervaluation 41%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
19
vs Industry
63
Median 3Y
0.9
Median 5Y
0.9
Industry
2
Forward
1
vs History
vs Industry
1
Median 3Y
-30.2
Median 5Y
-13.2
Industry
18.8
Forward
-16.8
vs History
50
vs Industry
1
Median 3Y
19.4
Median 5Y
11.7
Industry
10.9
vs History
3
vs Industry
4
Median 3Y
6
Median 5Y
17.6
Industry
18.4
vs History
77
vs Industry
28
Median 3Y
2
Median 5Y
2
Industry
2.1
vs History
6
vs Industry
58
Median 3Y
1.2
Median 5Y
1.2
Industry
2.5
Forward
1.7
vs History
vs Industry
1
Median 3Y
-32.3
Median 5Y
7.4
Industry
8.3
vs History
vs Industry
1
Median 3Y
-29.1
Median 5Y
8.2
Industry
12.3
Forward
-37.5
vs History
vs Industry
Median 3Y
-28.6
Median 5Y
-18.8
Industry
14.9
Forward
-21
vs History
50
vs Industry
1
Median 3Y
25.8
Median 5Y
19.5
Industry
12.4
vs History
31
vs Industry
7
Median 3Y
-10.7
Median 5Y
10.4
Industry
16.8
vs History
76
vs Industry
36
Median 3Y
1.4
Median 5Y
1.5
Industry
1.9

Multiples Across Competitors

Competitors Multiples
Chung Hung Steel Corp Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
TW
Chung Hung Steel Corp
TWSE:2014
21.8B TWD 1 -13.2 -29 -19.1
ZA
Kumba Iron Ore Ltd
JSE:KIO
109.4B Zac 0 0 0 0
BR
Vale SA
BOVESPA:VALE3
292.9B BRL 1.4 9.7 4.7 6
AU
Fortescue Metals Group Ltd
ASX:FMG
69.9B AUD 3 13.8 9.2 9.2
AU
Fortescue Ltd
XMUN:FVJ
39.8B EUR 3 13.9 9.2 9.2
LU
ArcelorMittal SA
AEX:MT
33.5B EUR 0.6 15.2 7.2 13.8
US
Nucor Corp
NYSE:NUE
37.8B USD 1.2 22.9 10.5 16.6
IN
JSW Steel Ltd
NSE:JSWSTEEL
2.7T INR 1.6 45.2 13.1 20.7
US
Steel Dynamics Inc
NASDAQ:STLD
25.3B USD 1.4 22.5 14.6 20.2
IN
Tata Steel Ltd
NSE:TATASTEEL
2.2T INR 1 31.7 9.6 15.5
CN
Baoshan Iron & Steel Co Ltd
SSE:600019
156.6B CNY 0.5 16.6 16 16
P/E Multiple
Earnings Growth PEG
TW
Chung Hung Steel Corp
TWSE:2014
Average P/E: 21.3
Negative Multiple: -13.2
N/A N/A
ZA
K
Kumba Iron Ore Ltd
JSE:KIO
Not Available
-9%
N/A
BR
Vale SA
BOVESPA:VALE3
9.7
15%
0.6
AU
Fortescue Metals Group Ltd
ASX:FMG
13.8
-6%
N/A
AU
F
Fortescue Ltd
XMUN:FVJ
13.9
-6%
N/A
LU
ArcelorMittal SA
AEX:MT
15.2
50%
0.3
US
Nucor Corp
NYSE:NUE
22.9
15%
1.5
IN
JSW Steel Ltd
NSE:JSWSTEEL
45.2
74%
0.6
US
Steel Dynamics Inc
NASDAQ:STLD
22.5
12%
1.9
IN
Tata Steel Ltd
NSE:TATASTEEL
31.7
79%
0.4
CN
Baoshan Iron & Steel Co Ltd
SSE:600019
16.6
26%
0.6
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
TW
Chung Hung Steel Corp
TWSE:2014
Average EV/EBITDA: 10.5
Negative Multiple: -29
N/A N/A
ZA
K
Kumba Iron Ore Ltd
JSE:KIO
Not Available
6%
N/A
BR
Vale SA
BOVESPA:VALE3
4.7
7%
0.7
AU
Fortescue Metals Group Ltd
ASX:FMG
9.2
10%
0.9
AU
F
Fortescue Ltd
XMUN:FVJ
9.2
10%
0.9
LU
ArcelorMittal SA
AEX:MT
7.2
13%
0.6
US
Nucor Corp
NYSE:NUE
10.5
10%
1.1
IN
JSW Steel Ltd
NSE:JSWSTEEL
13.1
24%
0.5
US
Steel Dynamics Inc
NASDAQ:STLD
14.6
13%
1.1
IN
Tata Steel Ltd
NSE:TATASTEEL
9.6
20%
0.5
CN
Baoshan Iron & Steel Co Ltd
SSE:600019
16
59%
0.3
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
TW
Chung Hung Steel Corp
TWSE:2014
Average EV/EBIT: 14.1
Negative Multiple: -19.1
N/A N/A
ZA
K
Kumba Iron Ore Ltd
JSE:KIO
Not Available
-4%
N/A
BR
Vale SA
BOVESPA:VALE3
6
5%
1.2
AU
Fortescue Metals Group Ltd
ASX:FMG
9.2
-8%
N/A
AU
F
Fortescue Ltd
XMUN:FVJ
9.2
-8%
N/A
LU
ArcelorMittal SA
AEX:MT
13.8
15%
0.9
US
Nucor Corp
NYSE:NUE
16.6
13%
1.3
IN
JSW Steel Ltd
NSE:JSWSTEEL
20.7
37%
0.6
US
Steel Dynamics Inc
NASDAQ:STLD
20.2
13%
1.6
IN
Tata Steel Ltd
NSE:TATASTEEL
15.5
30%
0.5
CN
Baoshan Iron & Steel Co Ltd
SSE:600019
16
24%
0.7