104 Corp
TWSE:3130

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104 Corp
TWSE:3130
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Price: 223 TWD Market Closed
Market Cap: 7.4B TWD

Relative Value

The Relative Value of one 104 Corp stock under the Base Case scenario is 155.03 TWD. Compared to the current market price of 223 TWD, 104 Corp is Overvalued by 30%.

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
155.03 TWD
Overvaluation 30%
Relative Value
Price
Worst Case
Base Case
Best Case

Multiples Across Competitors

Competitors Multiples
104 Corp 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
104 Corp
TWSE:3130
7.4B TWD 2.8 15.6 7.7 9.3
JP
Recruit Holdings Co Ltd
TSE:6098
12.1T JPY 3.4 27.6 18 21.6
NL
Randstad NV
AEX:RAND
5.2B EUR 0.2 97.3 7.8 17.5
CH
Adecco Group AG
SIX:ADEN
3.9B CHF 0.2 15 9 12.6
US
Robert Half Inc
SWB:RHJ
4.1B EUR 0.9 30.7 30.2 43.6
CN
51job Inc
F:IWQ
3.9B EUR 7.1 49.2 321.4 327.6
JP
Persol Holdings Co Ltd
TSE:2181
622.4B JPY 0.4 16 5.8 9.1
US
Korn Ferry
NYSE:KFY
3.6B USD 1.3 13.7 6.7 8.4
PL
Benefit Systems SA
WSE:BFT
12.6B PLN 2.9 23 12.4 20.5
JP
TechnoPro Holdings Inc
TSE:6028
502.9B JPY 2.1 30.7 17 19.2
US
TriNet Group Inc
NYSE:TNET
3.1B USD 0.6 23.1 11.9 15.4
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
TW
104 Corp
TWSE:3130
Average EV/EBITDA: 40.7
7.7
5%
1.5
JP
Recruit Holdings Co Ltd
TSE:6098
18
12%
1.5
NL
R
Randstad NV
AEX:RAND
7.8
5%
1.6
CH
A
Adecco Group AG
SIX:ADEN
9
8%
1.1
US
R
Robert Half Inc
SWB:RHJ
30.2
13%
2.3
CN
5
51job Inc
F:IWQ
321.4
N/A N/A
JP
P
Persol Holdings Co Ltd
TSE:2181
5.8
8%
0.7
US
Korn Ferry
NYSE:KFY
6.7
9%
0.7
PL
B
Benefit Systems SA
WSE:BFT
12.4
26%
0.5
JP
TechnoPro Holdings Inc
TSE:6028
17
12%
1.4
US
TriNet Group Inc
NYSE:TNET
11.9
5%
2.4
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
TW
104 Corp
TWSE:3130
Average EV/EBIT: 45.9
9.3
5%
1.9
JP
Recruit Holdings Co Ltd
TSE:6098
21.6
N/A N/A
NL
R
Randstad NV
AEX:RAND
17.5
18%
1
CH
A
Adecco Group AG
SIX:ADEN
12.6
14%
0.9
US
R
Robert Half Inc
SWB:RHJ
43.6
14%
3.1
CN
5
51job Inc
F:IWQ
327.6
N/A N/A
JP
P
Persol Holdings Co Ltd
TSE:2181
9.1
N/A N/A
US
Korn Ferry
NYSE:KFY
8.4
10%
0.8
PL
B
Benefit Systems SA
WSE:BFT
20.5
27%
0.8
JP
TechnoPro Holdings Inc
TSE:6028
19.2
N/A N/A
US
TriNet Group Inc
NYSE:TNET
15.4
1%
15.4