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Elite Advanced Laser Corp
TWSE:3450

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Elite Advanced Laser Corp
TWSE:3450
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Price: 302 TWD Market Closed
Market Cap: NT$44B

EV/IC

4.8
Current
43%
More Expensive
vs 3-y average of 3.4

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
4.8
=
Enterprise Value
NT$40.8B
/
Invested Capital
NT$8.6B

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
4.8
=
Enterprise Value
NT$40.8B
/
Invested Capital
NT$8.6B

Valuation Scenarios

Elite Advanced Laser Corp is trading above its 3-year average

If EV/IC returns to its 3-Year Average (3.4), the stock would be worth NT$211.32 (30% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-76%
Maximum Upside
No Upside Scenarios
Average Downside
60%
Scenario EV/IC Value Implied Price Upside/Downside
Current Multiple 4.8 NT$302
0%
3-Year Average 3.4 NT$211.32
-30%
5-Year Average 1.2 NT$73.02
-76%
Industry Average 1.9 NT$121.66
-60%
Country Average 1.2 NT$74.26
-75%

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
Elite Advanced Laser Corp
TWSE:3450
44B TWD 4.8 56.8
US
NVIDIA Corp
NASDAQ:NVDA
4.8T USD 35.5 40.2
US
Broadcom Inc
NASDAQ:AVGO
2T USD 13.3 79.9
TW
Taiwan Semiconductor Manufacturing Co Ltd
TWSE:2330
55.4T TWD 10.2 29.3
US
Micron Technology Inc
NASDAQ:MU
611.6B USD 7.3 25.4
US
Advanced Micro Devices Inc
NASDAQ:AMD
587.7B USD 9.1 135.6
KR
SK Hynix Inc
KRX:000660
701.7T KRW 5 16.1
US
Intel Corp
NASDAQ:INTC
500.4B USD 3.1 -157.7
US
Texas Instruments Inc
NASDAQ:TXN
254.9B USD 9.1 47.8
UK
Arm Holdings PLC
NASDAQ:ARM
224.3B USD 33.7 280
US
Analog Devices Inc
NASDAQ:ADI
194.2B USD 4.6 71.7

Market Distribution

Higher than 93% of companies in Taiwan
Percentile
93nd
Based on 869 companies
93nd percentile
4.8
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

Elite Advanced Laser Corp
Glance View

Market Cap
44B TWD
Industry
Semiconductors

Elite Advanced Laser Corp., an industry leader in laser technology, has carved out a unique niche by focusing on state-of-the-art precision and customization. The company emerged from the vision of its founders, who saw an untapped potential in high-precision laser solutions for both industrial and commercial applications. Their early years were marked by intensive research and development, laying the groundwork for the sophisticated laser systems that would set the industry standard. Elite’s core operations center around designing and manufacturing bespoke laser systems tailored to the nuanced needs of industries such as aerospace, automotive, and healthcare. With a commitment to quality and innovation, Elite captures market demand by offering proprietary laser technologies that enable enhanced precision in manufacturing processes, thus helping their clients achieve greater efficiency and reduced material waste. The company thrives financially by positioning itself as not just a manufacturer, but a solutions-provider. This distinction allows Elite Advanced Laser Corp. to engage in consultative selling, where they co-develop solutions with clients, providing ongoing support and maintenance services that generate recurring revenue streams. Their business model extends beyond mere transactions, fostering long-term partnerships with clients who depend on Elite’s expertise to maintain their competitive edge. Additionally, Elite has diversified its revenue through strategic partnerships and collaborations, licensing its technologies to broaden its market reach. As global industries increasingly rely on precision technology, Elite Advanced Laser Corp.’s focus on innovation and customer-centric solutions ensures its sustained growth and resilience in the competitive landscape.

Intrinsic Value
298.31 TWD
Overvaluation 1%
Intrinsic Value
Price NT$302
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