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United Integrated Services Co Ltd
TWSE:2404

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United Integrated Services Co Ltd
TWSE:2404
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Price: 950 TWD -0.94% Market Closed
Market Cap: NT$181.1B

EV/IC

8.1
Current
197%
More Expensive
vs 3-y average of 2.7

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
8.1
=
Enterprise Value
NT$103.1B
/
Invested Capital
NT$15.6B

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
8.1
=
Enterprise Value
NT$103.1B
/
Invested Capital
NT$15.6B

Valuation Scenarios

United Integrated Services Co Ltd is trading above its 3-year average

If EV/IC returns to its 3-Year Average (2.7), the stock would be worth NT$319.57 (66% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-88%
Maximum Upside
No Upside Scenarios
Average Downside
77%
Scenario EV/IC Value Implied Price Upside/Downside
Current Multiple 8.1 NT$950
0%
3-Year Average 2.7 NT$319.57
-66%
5-Year Average 2.6 NT$311.76
-67%
Industry Average 1 NT$113.28
-88%
Country Average 1.2 NT$139.65
-85%

Forward EV/IC
Today’s price vs future invested capital

Not enough data available to calculate forward EV/IC

Peer Comparison

All Multiples
EV/IC
P/E
All Countries
Close
Market Cap EV/IC P/E
TW
United Integrated Services Co Ltd
TWSE:2404
179.4B TWD 8.1 19.8
JP
Sumitomo Densetsu Co Ltd
TSE:1949
35.2T JPY 2.5 19.9
US
Quanta Services Inc
NYSE:PWR
111B USD 5.4 108.1
FR
Vinci SA
PAR:DG
71.4B EUR 0.9 14.6
US
Comfort Systems USA Inc
NYSE:FIX
65.7B USD 12.5 53.7
IN
Larsen & Toubro Ltd
NSE:LT
5.5T INR 2.2 33.9
IN
Larsen and Toubro Ltd
F:LTO
48.4B EUR 2.1 31.9
NL
Ferrovial SE
AEX:FER
42.2B EUR 2.3 47.5
ES
Ferrovial SA
MAD:FER
42.1B EUR 2.3 47.4
DE
Hochtief AG
XETRA:HOT
34.4B EUR 6 38.1
US
EMCOR Group Inc
NYSE:EME
40.2B USD 5.6 31.6

Market Distribution

Higher than 96% of companies in Taiwan
Percentile
96th
Based on 869 companies
96th percentile
8.1
Low
0 — 0.9
Typical Range
0.9 — 1.8
High
1.8 —
Distribution Statistics
Taiwan
Min 0
30th Percentile 0.9
Median 1.2
70th Percentile 1.8
Max 1 954.3

United Integrated Services Co Ltd
Glance View

Market Cap
181.1B TWD
Industry
Construction

In the bustling hub of Taiwan’s industrial heartland stands United Integrated Services Co Ltd, a company that epitomizes the seamless integration of engineering excellence and technological prowess. Founded with a vision to become a key player in the industrial services sector, United Integrated Services has carved out a niche for itself. The firm specializes in providing comprehensive engineering solutions that cater to an array of industries, from semiconductors and electronics to pharmaceuticals and biotech. By offering a basket of services including design, procurement, construction, and project management, the company stands as a one-stop shop for clients seeking to build state-of-the-art facilities. Their expertise in these complex and highly-regulated environments allows them to craft tailored solutions that not only meet industry standards but exceed client expectations. United Integrated Services Co Ltd makes its mark—and its money—by operating at the intersection of precision engineering and project efficiency. The company employs a business model hinged on a robust value chain, where each phase of the service lifecycle from concept to completion generates revenue and adds value. By maintaining both flexibility and expertise, they can handle a diverse array of projects while maintaining stringent cost controls and timelines, thereby maximizing profitability. Additionally, their strategic focus on sectors with high barriers to entry ensures a steady stream of high-margin projects. As industries continue to innovate and grow, United Integrated Services remains poised to capitalize on these developments, leveraging its deep-rooted understanding and capability in these evolving sectors. Through a combination of technical know-how and business acumen, the company solidifies its role as a crucial contributor to the industrial growth narrative.

Intrinsic Value
1 581.43 TWD
Undervaluation 40%
Intrinsic Value
Price NT$950
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