Micro-Star International Co Ltd
TWSE:2377

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Micro-Star International Co Ltd Logo
Micro-Star International Co Ltd
TWSE:2377
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Price: 97.7 TWD -2.3% Market Closed
Market Cap: NT$82.5B

P/FCFE

7.7
Current
34%
Cheaper
vs 3-y average of 11.7

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
7.7
=
Market Cap
NT$78.1B
/
Free Cash Flow to Equity
NT$10.7B

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
7.7
=
Market Cap
NT$78.1B
/
Free Cash Flow to Equity
NT$10.7B

Valuation Scenarios

Micro-Star International Co Ltd is trading below its 3-year average

If P/FCFE returns to its 3-Year Average (11.7), the stock would be worth NT$148 (51% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+151%
Average Upside
95%
Scenario P/FCFE Value Implied Price Upside/Downside
Current Multiple 7.7 NT$97.7
0%
3-Year Average 11.7 NT$148
+51%
5-Year Average 12.5 NT$158.1
+62%
Industry Average 16.7 NT$211.81
+117%
Country Average 19.4 NT$245.11
+151%

Forward P/FCFE
Today’s price vs future free cash flow to equity

Not enough data available to calculate forward P/FCFE

Peer Comparison

All Multiples
P/FCFE
P/E
All Countries
Close

Market Distribution

Lower than 87% of companies in Taiwan
Percentile
13th
Based on 598 companies
13th percentile
7.7
Low
1.5 — 12.4
Typical Range
12.4 — 33.6
High
33.6 —
Distribution Statistics
Taiwan
Min 1.5
30th Percentile 12.4
Median 19.4
70th Percentile 33.6
Max 9 890.8

Micro-Star International Co Ltd
Glance View

Founded in 1986 in the dynamic tech landscape of Taiwan, Micro-Star International Co., Ltd., commonly known as MSI, has carved out a reputation as a dominant force in the production of computer hardware and electronics. Originally emerging from the burgeoning PC industry, MSI quickly established itself as a premier manufacturer of motherboards and graphics cards, essential components in the modern computing ecosystem. Over the years, the company expanded its reach into the realms of gaming and professional creation, capitalizing on the surge of the gaming industry by developing high-performance laptops, desktops, and peripherals designed to meet the rigorous demands of gamers and professionals alike. By marrying cutting-edge technology with a keen understanding of user needs, MSI has adeptly positioned itself within competitive markets, often leading the charge with innovative solutions that enhance user experience and performance. MSI’s financial strength is bolstered by its savvy market strategy and a robust global distribution network that ensures its products reach a wide audience. The company's revenue streams are diverse, yet interlinked, benefiting from its comprehensive portfolio that covers consumer, commercial, and industrial products. Apart from its hardware offerings, MSI has tapped into the burgeoning esports and gaming communities, sponsoring events and endorsing esports teams, which in turn boosts brand recognition and loyalty among tech-savvy and gaming-centric demographics. Through its dedication to quality and innovation, MSI has maintained a steady foothold in the tech industry, constantly adapting to the ever-evolving technological landscape and consumer preferences, ensuring its relevance and profitability in the global market.

Intrinsic Value
222.58 TWD
Undervaluation 56%
Intrinsic Value
Price NT$97.7
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