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Chicony Power Technology Co Ltd
TWSE:6412

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Chicony Power Technology Co Ltd
TWSE:6412
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Price: 81 TWD 4.25% Market Closed
Market Cap: NT$32.5B

P/FCFE

9.9
Current
14%
Cheaper
vs 3-y average of 11.6

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
9.9
=
Market Cap
NT$32.7B
/
Free Cash Flow to Equity
NT$3.3B

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
9.9
=
Market Cap
NT$32.7B
/
Free Cash Flow to Equity
NT$3.3B

Valuation Scenarios

Chicony Power Technology Co Ltd is trading below its 3-year average

If P/FCFE returns to its 3-Year Average (11.6), the stock would be worth NT$94.66 (17% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+126%
Average Upside
67%
Scenario P/FCFE Value Implied Price Upside/Downside
Current Multiple 9.9 NT$81
0%
3-Year Average 11.6 NT$94.66
+17%
5-Year Average 13.1 NT$106.26
+31%
Industry Average 22.4 NT$182.67
+126%
Country Average 19.4 NT$157.71
+95%

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 Cap P/FCFE P/E
TW
Chicony Power Technology Co Ltd
TWSE:6412
32.5B TWD 9.9 15.6
CN
Contemporary Amperex Technology Co Ltd
SZSE:300750
2T CNY 25.5 25.8
CH
Abb Ltd
SIX:ABBN
142.4B CHF 40.2 36.6
FR
Schneider Electric SE
PAR:SU
151B EUR 21.1 36.3
IE
Eaton Corporation PLC
NYSE:ETN
165.1B USD 45.8 40.4
US
Vertiv Holdings Co
NYSE:VRT
126.1B USD 55.2 80.9
US
Emerson Electric Co
NYSE:EMR
77.2B USD 9.5 33.4
KR
LG Energy Solution Ltd
KRX:373220
107.8T KRW 221.3 -100.4
JP
Fujikura Ltd
TSE:5803
9.6T JPY 535.6 66.8
US
AMETEK Inc
NYSE:AME
52.8B USD 32.7 34.6
FR
Legrand SA
PAR:LR
39.7B EUR 16.5 31.9

Market Distribution

Lower than 80% of companies in Taiwan
Percentile
20th
Based on 598 companies
20th percentile
9.9
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

Chicony Power Technology Co Ltd
Glance View

Market Cap
32.5B TWD
Industry
Electrical Equipment

Chicony Power Technology Co Ltd, a prominent player in the tech manufacturing landscape, has carved out a significant niche by specializing in the design and production of power supplies and electronic components. Initially emerging as a small offshoot of its parent company, Chicony Electronics, it rapidly developed a reputation for delivering reliable and efficient power solutions. This reputation attracted major clients in the consumer electronics industry, grasping the attention of tech giants seeking high-quality power supply units for their laptops, desktops, and servers. By focusing on innovation and quality assurance, Chicony Power ensured that its products complemented the high standards set by its partners, thereby solidifying long-term business relationships. At the core of Chicony's business model lies a commitment to research and development, driven by a need to frequently update its technology to meet ever-evolving industry demands. This forward-thinking approach enables the company to integrate cutting-edge technology into its power supply systems, ensuring optimal efficiency and safety standards, crucial aspects that resonate with stakeholders across the tech industry. Revenues primarily stem from manufacturing and supplying these high-margin components, which are not only essential but also difficult for customers to replace with competitors' products at short notice. Thus, Chicony Power adeptly navigates the complexities of the global electronics supply chain, demonstrating acute adaptability and strategic foresight, solidifying its position as a vital cog in the tech ecosystem.

Intrinsic Value
113.53 TWD
Undervaluation 29%
Intrinsic Value
Price NT$81
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