F

Feng Hsin Steel Co Ltd
TWSE:2015

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Feng Hsin Steel Co Ltd
TWSE:2015
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Price: 63.4 TWD -1.4% Market Closed
Market Cap: 36.9B TWD

Relative Value

The Relative Value of one Feng Hsin Steel Co Ltd stock under the Base Case scenario is 71 TWD. Compared to the current market price of 63.4 TWD, Feng Hsin Steel Co Ltd is Undervalued by 11%.

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
71 TWD
Undervaluation 11%
Relative Value
Price
F
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
39
vs Industry
60
Median 3Y
1.2
Median 5Y
1.2
Industry
2
Forward
1.2
vs History
36
vs Industry
14
Median 3Y
16.1
Median 5Y
14.9
Industry
18.8
Forward
16
vs History
77
vs Industry
15
Median 3Y
10.1
Median 5Y
11.6
Industry
10.9
vs History
50
vs Industry
9
Median 3Y
26.2
Median 5Y
16.7
Industry
18.4
vs History
85
vs Industry
33
Median 3Y
1.9
Median 5Y
1.9
Industry
2.1
vs History
44
vs Industry
60
Median 3Y
1.2
Median 5Y
1.2
Industry
2.5
Forward
1.2
vs History
42
vs Industry
26
Median 3Y
11.1
Median 5Y
9.9
Industry
8.3
vs History
42
vs Industry
16
Median 3Y
10.2
Median 5Y
8.9
Industry
12.3
Forward
8
vs History
41
vs Industry
14
Median 3Y
14.6
Median 5Y
12.8
Industry
14.9
Forward
13.7
vs History
77
vs Industry
17
Median 3Y
10
Median 5Y
11.4
Industry
12.4
vs History
73
vs Industry
12
Median 3Y
15.2
Median 5Y
15.8
Industry
16.8
vs History
80
vs Industry
31
Median 3Y
1.7
Median 5Y
1.8
Industry
1.9

Multiples Across Competitors

Competitors Multiples
Feng Hsin Steel Co Ltd 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
Feng Hsin Steel Co Ltd
TWSE:2015
36.9B TWD 1.2 15.7 9.2 13.3
ZA
Kumba Iron Ore Ltd
JSE:KIO
107B Zac 0 0 0 0
BR
Vale SA
BOVESPA:VALE3
299B BRL 1.4 9.9 4.7 6.1
AU
Fortescue Metals Group Ltd
ASX:FMG
69B AUD 2.9 13.6 9 9
AU
Fortescue Ltd
XMUN:FVJ
38.2B EUR 2.9 13.3 8.9 8.9
US
Nucor Corp
NYSE:NUE
36.4B USD 1.2 22.3 10.2 16.1
LU
ArcelorMittal SA
AEX:MT
29.7B EUR 0.6 13.5 6.5 12.5
IN
JSW Steel Ltd
NSE:JSWSTEEL
2.6T INR 1.5 43.7 12.8 20.2
US
Steel Dynamics Inc
NASDAQ:STLD
24.9B USD 1.4 22.3 14.4 19.9
IN
Tata Steel Ltd
NSE:TATASTEEL
2.1T INR 1 31.2 9.5 15.4
CN
Baoshan Iron & Steel Co Ltd
SSE:600019
154.9B CNY 0.5 16.4 15.9 15.9
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
TW
F
Feng Hsin Steel Co Ltd
TWSE:2015
Average EV/EBITDA: 10.1
9.2
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
10%
0.9
AU
F
Fortescue Ltd
XMUN:FVJ
8.9
10%
0.9
US
Nucor Corp
NYSE:NUE
10.2
10%
1
LU
ArcelorMittal SA
AEX:MT
6.5
13%
0.5
IN
JSW Steel Ltd
NSE:JSWSTEEL
12.8
24%
0.5
US
Steel Dynamics Inc
NASDAQ:STLD
14.4
13%
1.1
IN
Tata Steel Ltd
NSE:TATASTEEL
9.5
20%
0.5
CN
Baoshan Iron & Steel Co Ltd
SSE:600019
15.9
59%
0.3
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
TW
F
Feng Hsin Steel Co Ltd
TWSE:2015
Average EV/EBIT: 13.7
13.3
N/A N/A
ZA
K
Kumba Iron Ore Ltd
JSE:KIO
Not Available
-4%
N/A
BR
Vale SA
BOVESPA:VALE3
6.1
5%
1.2
AU
Fortescue Metals Group Ltd
ASX:FMG
9
-8%
N/A
AU
F
Fortescue Ltd
XMUN:FVJ
8.9
-8%
N/A
US
Nucor Corp
NYSE:NUE
16.1
13%
1.2
LU
ArcelorMittal SA
AEX:MT
12.5
15%
0.8
IN
JSW Steel Ltd
NSE:JSWSTEEL
20.2
37%
0.5
US
Steel Dynamics Inc
NASDAQ:STLD
19.9
13%
1.5
IN
Tata Steel Ltd
NSE:TATASTEEL
15.4
30%
0.5
CN
Baoshan Iron & Steel Co Ltd
SSE:600019
15.9
24%
0.7