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Winbond Electronics Corp
TWSE:2344

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Winbond Electronics Corp
TWSE:2344
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Price: 93.9 TWD 6.46% Market Closed
Market Cap: NT$422.6B

P/B

3.9
Current
234%
More Expensive
vs 3-y average of 1.2

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
3.9
=
Market Cap
NT$504B
/
Total Equity
NT$107.9B

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
3.9
=
Market Cap
NT$504B
/
Total Equity
NT$107.9B

Valuation Scenarios

Winbond Electronics Corp is trading above its 3-year average

If P/B returns to its 3-Year Average (1.2), the stock would be worth NT$28.1 (70% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-70%
Maximum Upside
No Upside Scenarios
Average Downside
56%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 3.9 NT$93.9
0%
3-Year Average 1.2 NT$28.1
-70%
5-Year Average 1.2 NT$29.48
-69%
Industry Average 2.7 NT$65.14
-31%
Country Average 1.7 NT$41.39
-56%

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 Cap P/B P/E
TW
Winbond Electronics Corp
TWSE:2344
422.6B TWD 3.9 106.7
US
NVIDIA Corp
NASDAQ:NVDA
5.3T USD 33 43.3
US
Broadcom Inc
NASDAQ:AVGO
2T USD 23.7 75.8
TW
Taiwan Semiconductor Manufacturing Co Ltd
TWSE:2330
58.7T TWD 10.1 30.8
US
Micron Technology Inc
NASDAQ:MU
591.7B USD 7.9 23.8
US
Advanced Micro Devices Inc
NASDAQ:AMD
545.4B USD 8.4 122.1
KR
SK Hynix Inc
KRX:000660
701.7T KRW 7.5 21.1
US
Intel Corp
NASDAQ:INTC
426.9B USD 3.8 -132.9
US
Texas Instruments Inc
NASDAQ:TXN
244.4B USD 14.8 45.2
UK
Arm Holdings PLC
NASDAQ:ARM
229.3B USD 27.4 266.5
US
Analog Devices Inc
NASDAQ:ADI
191.7B USD 5.6 69.5

Market Distribution

Higher than 86% of companies in Taiwan
Percentile
86th
Based on 866 companies
86th percentile
3.9
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

Winbond Electronics Corp
Glance View

Market Cap
422.6B TWD
Industry
Semiconductors

Founded in the vibrant tech landscape of Taiwan, Winbond Electronics Corp. has carved out a notable niche as a prominent player in the semiconductor industry. Born in 1987, the company has grown into a powerhouse known for its commitment to producing high-quality memory solutions. Specializing in DRAM (Dynamic Random Access Memory) and NOR Flash memory, Winbond creates essential components that are fundamental to a plethora of digital devices. Their products power everything from industrial tools and consumer electronics to cutting-edge automotive systems, making the company a crucial cog in the wheel of global digital innovation. By nurturing a robust research and development program, Winbond continuously refines its technology to enhance performance and energy efficiency, ensuring that it remains on the cutting edge of the memory market. Winbond’s business model admirably balances manufacturing prowess with strategic market positioning. Its revenue streams are fueled by a broad portfolio of semiconductor memory products, catering to a diverse clientele across various sectors. By maintaining control over its own manufacturing facilities, Winbond ensures a high level of quality control and production efficiency, which are critical in managing the cyclical nature of the semiconductor industry. Furthermore, Winbond's commitment to customer-centric solutions strengthens its competitive edge, as the company adeptly responds to evolving market demands. This strategic approach not only sustains its profitability but also reinforces its reputation as a reliable supplier in the global memory market, underscoring Winbond's role as an integral part of the digital ecosystem.

Intrinsic Value
207.91 TWD
Undervaluation 55%
Intrinsic Value
Price NT$93.9
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