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GEM Services Inc
TWSE:6525

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GEM Services Inc
TWSE:6525
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Price: 92.4 TWD 1.32% Market Closed
Market Cap: NT$11.9B

P/FCFE

14.2
Current
23%
More Expensive
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
14.2
=
Market Cap
NT$11B
/
Free Cash Flow to Equity
NT$837.3m

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
14.2
=
Market Cap
NT$11B
/
Free Cash Flow to Equity
NT$837.3m

Valuation Scenarios

GEM Services Inc is trading above its 3-year average

If P/FCFE returns to its 3-Year Average (11.6), the stock would be worth NT$75.2 (19% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-25%
Maximum Upside
+62%
Average Upside
1%
Scenario P/FCFE Value Implied Price Upside/Downside
Current Multiple 14.2 NT$92.4
0%
3-Year Average 11.6 NT$75.2
-19%
5-Year Average 12.1 NT$78.4
-15%
Industry Average 10.7 NT$69.74
-25%
Country Average 23.1 NT$149.75
+62%

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
KY
GEM Services Inc
TWSE:6525
11.9B TWD 14.2 15.7
US
NVIDIA Corp
NASDAQ:NVDA
4.8T USD 60.7 40.2
US
Broadcom Inc
NASDAQ:AVGO
2T USD 78.3 79.9
TW
Taiwan Semiconductor Manufacturing Co Ltd
TWSE:2330
55.4T TWD 53.2 29.3
US
Micron Technology Inc
NASDAQ:MU
611.6B USD 113.1 25.4
US
Advanced Micro Devices Inc
NASDAQ:AMD
587.7B USD 103.3 135.6
KR
SK Hynix Inc
KRX:000660
701.7T KRW 28.6 16.1
US
Intel Corp
NASDAQ:INTC
500.4B USD -59.8 -157.7
US
Texas Instruments Inc
NASDAQ:TXN
254.9B USD 51.8 47.8
UK
Arm Holdings PLC
NASDAQ:ARM
224.3B USD 233.9 280
US
Analog Devices Inc
NASDAQ:ADI
194.2B USD 34.4 71.7

Market Distribution

Lower than 71% of companies in Cayman Islands
Percentile
29th
Based on 50 companies
29th percentile
14.2
Low
4.2 — 15.2
Typical Range
15.2 — 88.2
High
88.2 —
Distribution Statistics
Cayman Islands
Min 4.2
30th Percentile 15.2
Median 23.1
70th Percentile 88.2
Max 187.7

GEM Services Inc
Glance View

Market Cap
11.9B TWD
Industry
Semiconductors

GEM Services, Inc. manufactures semiconductor assembly and test contractor services. The firm specializes in small-outline surface-mount packages for power management semiconductors. Its customers are semiconductor manufacturers who require both industry standard and advanced packaging solutions as part of their portfolio of value-added products for portable, battery-powered communications, computing systems, industry and automobile applications. The company operates two factories in Greater China: Shanghai, China; Hefei, China, which produces industry standard and advanced discrete, integrated circuits (IC) and multi-chip module (MCM) packages, including concepts co-developed with customers. The Company’s products and services include packaging development, wafer processing, assembly services, electrical test, logistic services and reliability testing. Its electrical test includes discrete device electrical testing and analog and power IC electrical testing.

Intrinsic Value
88.45 TWD
Overvaluation 4%
Intrinsic Value
Price NT$92.4
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