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Taiwan Secom Co Ltd
TWSE:9917

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Taiwan Secom Co Ltd
TWSE:9917
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Price: 115 TWD -0.43% Market Closed
Market Cap: NT$51.9B

EV/OCF

12.2
Current
14%
Cheaper
vs 3-y average of 14.2

Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.

EV/OCF
12.2
=
Enterprise Value
NT$52.1B
/
Operating Cash Flow
NT$4.3B

Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.

EV/OCF
12.2
=
Enterprise Value
NT$52.1B
/
Operating Cash Flow
NT$4.3B

Valuation Scenarios

Taiwan Secom Co Ltd is trading below its 3-year average

If EV/OCF returns to its 3-Year Average (14.2), the stock would be worth NT$133.95 (16% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-4%
Maximum Upside
+17%
Average Upside
11%
Scenario EV/OCF Value Implied Price Upside/Downside
Current Multiple 12.2 NT$115
0%
3-Year Average 14.2 NT$133.95
+16%
5-Year Average 13.8 NT$129.56
+13%
Industry Average 11.8 NT$110.7
-4%
Country Average 14.3 NT$134.2
+17%

Forward EV/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward EV/OCF

Peer Comparison

All Multiples
EV/OCF
P/E
All Countries
Close
Market Cap EV/OCF P/E
TW
Taiwan Secom Co Ltd
TWSE:9917
51.1B TWD 12.2 17
JP
Secom Co Ltd
TSE:9735
2.6T JPY 10.8 24.7
UK
Verisure PLC
STO:VSURE
12B EUR 12.8 -46.7
SE
Securitas AB
STO:SECU B
94.9B SEK 12.7 18.5
US
Brinks Co
NYSE:BCO
4.5B USD 10.7 22.7
JP
Sohgo Security Services Co Ltd
TSE:2331
589B JPY 9.5 17.7
SE
Loomis AB
STO:LOOMIS
28.9B SEK 7 18.4
US
Geo Group Inc
NYSE:GEO
2.6B USD 57.1 10.1
KR
S1 Corp
KRX:012750
3T KRW 5.6 16.6
US
CoreCivic Inc
NYSE:CXW
2.1B USD 16.2 17.6
AU
Threat Protect Australia Ltd
ASX:TPS
2.3B AUD 935.3 -148.7
P/E Multiple
Earnings Growth PEG
TW
T
Taiwan Secom Co Ltd
TWSE:9917
Average P/E: 18.1
17
N/A N/A
JP
Secom Co Ltd
TSE:9735
24.7
10%
2.5
UK
Verisure PLC
STO:VSURE
Negative Multiple: -46.7 N/A N/A
SE
Securitas AB
STO:SECU B
18.5
17%
1.1
US
Brinks Co
NYSE:BCO
22.7
39%
0.6
JP
Sohgo Security Services Co Ltd
TSE:2331
17.7
15%
1.2
SE
Loomis AB
STO:LOOMIS
18.4
23%
0.8
US
Geo Group Inc
NYSE:GEO
10.1
N/A N/A
KR
S1 Corp
KRX:012750
16.6
12%
1.4
US
CoreCivic Inc
NYSE:CXW
17.6
N/A N/A
AU
Threat Protect Australia Ltd
ASX:TPS
Negative Multiple: -148.7 N/A N/A

Market Distribution

In line with most companies in Taiwan
Percentile
40th
Based on 705 companies
40th percentile
12.2
Low
0.4 — 10.4
Typical Range
10.4 — 23.6
High
23.6 —
Distribution Statistics
Taiwan
Min 0.4
30th Percentile 10.4
Median 14.3
70th Percentile 23.6
Max 8 048.6

Taiwan Secom Co Ltd
Glance View

In the bustling landscape of Taiwan's economic narrative, Taiwan Secom Co Ltd emerges as a significant player in the realm of security service providers. Born from a joint venture between Taiwan's prominent security entities and Japan's Secom Company, this enterprise has woven its presence tightly into the fabric of Taiwanese society since its inception in 1977. Its core focus rests on delivering a spectrum of safety and security services, ranging from alarm and monitoring systems to cash handling and risk management solutions. Taiwan Secom skillfully navigates the intricate dance of technology and human intelligence, ensuring that its offerings remain at the cutting edge of innovation, satisfying the diverse and growing needs of businesses and individuals alike. Taiwan Secom's business model is as diversified as the needs it caters to. It generates revenue through an innovative fusion of recurring subscription fees for monitoring services and one-time charges for the installation of security systems. This strategy creates a robust and steady stream of income, while its ability to scale with digital advancements and offer value-added services, such as comprehensive security assessments and the integration of IoT technologies, ensures a competitive edge in the marketplace. Moreover, its strategic partnerships and collaborations with international players empower the company to continually upscale its technological prowess, thereby reinforcing its position as a guardian of safety and an ambassador of trust across Taiwan.

Intrinsic Value
147.94 TWD
Undervaluation 22%
Intrinsic Value
Price NT$115
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