2379.TW
Realtek Semiconductor Corp
Price:  
578 
TWD
Volume:  
1,642,910
Taiwan, Province of China | Semiconductors & Semiconductor Equipment

2379.TW DCF Valuation - Growth Exit 5Y

-5.1 %
Upside

What is the DCF valuation of 2379.TW?

The Discounted Cash Flow (DCF) valuation of Realtek Semiconductor Corp (2379.TW) is 548.51 TWD. With the latest stock price at 578.00 TWD, the upside of Realtek Semiconductor Corp based on DCF is -5.1%.

Is 2379.TW a buy or a sell?

Based on the latest price of 578.00 TWD and our DCF valuation, Realtek Semiconductor Corp (2379.TW) is a sell. Selling 2379.TW stocks now will result in a potential gain of 5.1%.

Range Selected
WACC / Discount Rate7.0% - 9.3%8.1%
Long-term Growth Rate 2.0% - 4.0%3.0%
Fair Price401.36 - 908.38548.51
Upside-30.6% - 57.2%-5.1%
578.00 TWD
Stock Price
548.51 TWD
Fair Price
REVENUE & EXPENSES
CAPEX
D&A
WORKING CAPITAL
TERMINAL VALUE

2379.TW DCF Valuation: Revenue & Expenses Forecast

(TWD in millions)Projections
12-202412-202512-202612-202712-202812-2029
Revenue113,394134,828144,519164,673187,829217,540
% Growth
19%19%7%14%14%16%
Cost of goods sold(56,232)(66,861)(71,667)(81,661)(93,144)(107,878)
% of Revenue50%50%50%50%50%50%
Selling, G&A expenses(10,117)(12,029)(12,894)(14,692)(16,758)(19,408)
% of Revenue9%9%9%9%9%9%
Research & Development(33,544)(39,884)(42,751)(48,713)(55,563)(64,352)
% of Revenue30%30%30%30%30%30%
Net interest & other expenses2,8403,3763,6194,1244,7045,448
% of Revenue3%3%3%3%3%3%
Tax expense(1,050)(824)(883)(1,007)(1,148)(1,330)
Tax rate6%4%4%4%4%4%
Net profit15,29218,60619,94322,72525,92030,020
% Margin13%14%14%14%14%14%