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Tatung Co
TWSE:2371

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Tatung Co
TWSE:2371
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Price: 30.35 TWD 0.17% Market Closed
Market Cap: NT$65.3B

P/OCF

27.5
Current
50%
Cheaper
vs 3-y average of 55

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
27.5
=
Market Cap
NT$63.5B
/
Operating Cash Flow
NT$2.3B

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
27.5
=
Market Cap
NT$63.5B
/
Operating Cash Flow
NT$2.3B

Valuation Scenarios

Tatung Co is trading below its 3-year average

If P/OCF returns to its 3-Year Average (55), the stock would be worth NT$60.62 (100% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-52%
Maximum Upside
+100%
Average Upside
15%
Scenario P/OCF Value Implied Price Upside/Downside
Current Multiple 27.5 NT$30.35
0%
3-Year Average 55 NT$60.62
+100%
5-Year Average 41.4 NT$45.67
+50%
Industry Average 17.2 NT$18.96
-38%
Country Average 13.2 NT$14.51
-52%

Forward P/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward P/OCF

Peer Comparison

All Multiples
P/OCF
P/E
All Countries
Close
Market Cap P/OCF P/E
TW
Tatung Co
TWSE:2371
62.1B TWD 27.5 -5.6
CN
Contemporary Amperex Technology Co Ltd
SZSE:300750
2T CNY 14.9 25.3
CH
Abb Ltd
SIX:ABBN
140.9B CHF 30.6 35.9
FR
Schneider Electric SE
PAR:SU
152.3B EUR 24.8 36.6
IE
Eaton Corporation PLC
NYSE:ETN
160.2B USD 35.8 39.2
US
Vertiv Holdings Co
NYSE:VRT
117.1B USD 45.4 75.2
US
Emerson Electric Co
NYSE:EMR
77.8B USD 25.8 33.7
KR
LG Energy Solution Ltd
KRX:373220
108.6T KRW 24.9 -103.1
JP
Fujikura Ltd
TSE:5803
10.4T JPY 107.2 72.2
US
AMETEK Inc
NYSE:AME
52.4B USD 29.1 35.4
FR
Legrand SA
PAR:LR
38.7B EUR 24.5 31.1
P/E Multiple
Earnings Growth PEG
TW
Tatung Co
TWSE:2371
Average P/E: 42.7
Negative Multiple: -5.6
N/A N/A
CN
Contemporary Amperex Technology Co Ltd
SZSE:300750
25.3
22%
1.1
CH
Abb Ltd
SIX:ABBN
35.9
13%
2.8
FR
Schneider Electric SE
PAR:SU
36.6
23%
1.6
IE
Eaton Corporation PLC
NYSE:ETN
39.2
19%
2.1
US
Vertiv Holdings Co
NYSE:VRT
75.2
43%
1.7
US
Emerson Electric Co
NYSE:EMR
33.7
25%
1.3
KR
LG Energy Solution Ltd
KRX:373220
Negative Multiple: -103.1 N/A N/A
JP
Fujikura Ltd
TSE:5803
72.2
44%
1.6
US
AMETEK Inc
NYSE:AME
35.4
14%
2.5
FR
Legrand SA
PAR:LR
31.1
14%
2.2

Market Distribution

Higher than 79% of companies in Taiwan
Percentile
79th
Based on 708 companies
79th percentile
27.5
Low
0.5 — 8.9
Typical Range
8.9 — 20.4
High
20.4 —
Distribution Statistics
Taiwan
Min 0.5
30th Percentile 8.9
Median 13.2
70th Percentile 20.4
Max 5 587.5

Tatung Co
Glance View

Market Cap
65.3B TWD
Industry
Electrical Equipment

Founded in Taiwan in 1918, Tatung Co. began its journey as an electrical company under the visionary leadership of founder Lin Shan-Chih. Initially, Tatung focused its energy on producing electrical appliances, which laid the groundwork for its expansion into diverse technological territories. Over the decades, this family-driven conglomerate demonstrated an acute ability to adapt and innovate, transitioning from a local manufacturing entity into a global powerhouse in electronics and electrical engineering. Central to its evolution has been Tatung's commitment to research and development, enabling the company to spearhead advancements and maintain a competitive edge in sectors ranging from power systems to renewable energy solutions. Today, Tatung Co. operates a multifaceted business structure split primarily across three segments: industrial appliances, energy solutions, and consumer electronics. Its industrial division thrives on producing heavy machinery, enabling significant industrial processes across Asian markets. Meanwhile, Tatung’s energy solutions division harnesses cutting-edge technologies to deliver sustainable energy products, such as smart grid systems and high-efficiency power transformers, playing a critical role in global energy sustainability efforts. The consumer electronics division, though smaller in scale, complements this portfolio by offering well-regarded household appliances and electronics, enhancing Tatung's brand reputation among consumers worldwide. This diversification not only secures Tatung’s revenue streams but also firmly positions it as a stalwart in both legacy manufacturing and innovative tech-driven markets.

Intrinsic Value
53.6 TWD
Undervaluation 43%
Intrinsic Value
Price NT$30.35
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