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Cheng Mei Materials Technology Corp
TWSE:4960

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Cheng Mei Materials Technology Corp
TWSE:4960
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Price: 38.5 TWD -3.27% Market Closed
Market Cap: NT$22B

P/S

2.5
Current
196%
More Expensive
vs 3-y average of 0.9

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
2.5
=
Market Cap
NT$11.5B
/
Revenue
NT$8.6B

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
2.5
=
Market Cap
NT$11.5B
/
Revenue
NT$8.6B

Valuation Scenarios

Cheng Mei Materials Technology Corp is trading above its 3-year average

If P/S returns to its 3-Year Average (0.9), the stock would be worth NT$13.02 (66% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-68%
Maximum Upside
No Upside Scenarios
Average Downside
51%
Scenario P/S Value Implied Price Upside/Downside
Current Multiple 2.5 NT$38.5
0%
3-Year Average 0.9 NT$13.02
-66%
5-Year Average 0.8 NT$12.33
-68%
Industry Average 1.5 NT$22.67
-41%
Country Average 1.8 NT$27.43
-29%

Forward P/S
Today’s price vs future revenue

Not enough data available to calculate forward P/S

Peer Comparison

All Multiples
P/S
P/E
All Countries
Close

Market Distribution

In line with most companies in Taiwan
Percentile
63nd
Based on 872 companies
63nd percentile
2.5
Low
0.1 — 1.1
Typical Range
1.1 — 3.1
High
3.1 —
Distribution Statistics
Taiwan
Min 0.1
30th Percentile 1.1
Median 1.8
70th Percentile 3.1
Max 384 578.4

Cheng Mei Materials Technology Corp
Glance View

CHENG MEI MATERIALS TECHNOLOGY CORPORATION, formerly Chi Mei Materials Technology Corporation is principally engaged in the manufacture and distribution of polarizer and polarizing coiled materials. The Company’s polarizer and polarizing coiled materials are applied in the manufacture of liquid crystal display (LCD) panels as key components. The Company is also engaged in the provision of chemical products, including optical pressure sensitive adhesive (PSA) and others. The Company distributes its products primarily in Taiwan and other Asian markets.

Intrinsic Value
13.22 TWD
Overvaluation 66%
Intrinsic Value
Price NT$38.5
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