2486.TW
I-Chiun Precision Industry Co Ltd
Price:  
78.1 
TWD
Volume:  
4,426,460
Taiwan, Province of China | Electronic Equipment, Instruments & Components

2486.TW DCF Valuation - Growth Exit 5Y

-33.5 %
Upside

What is the DCF valuation of 2486.TW?

The Discounted Cash Flow (DCF) valuation of I-Chiun Precision Industry Co Ltd (2486.TW) is 51.91 TWD. With the latest stock price at 78.10 TWD, the upside of I-Chiun Precision Industry Co Ltd based on DCF is -33.5%.

Is 2486.TW a buy or a sell?

Based on the latest price of 78.10 TWD and our DCF valuation, I-Chiun Precision Industry Co Ltd (2486.TW) is a sell. Selling 2486.TW stocks now will result in a potential gain of 33.5%.

Range Selected
WACC / Discount Rate6.1% - 10.6%8.3%
Long-term Growth Rate 3.0% - 5.0%4.0%
Fair Price24.25 - 242.7151.91
Upside-68.9% - 210.8%-33.5%
78.10 TWD
Stock Price
51.91 TWD
Fair Price
REVENUE & EXPENSES
CAPEX
D&A
WORKING CAPITAL
TERMINAL VALUE

2486.TW DCF Valuation: Revenue & Expenses Forecast

(TWD in millions)Projections
12-202412-202512-202612-202712-202812-2029
Revenue5,4925,9656,2306,6806,9117,333
% Growth
8%9%4%7%3%6%
Cost of goods sold(4,722)(4,872)(4,833)(4,924)(4,839)(4,878)
% of Revenue86%82%78%74%70%67%
Selling, G&A expenses(634)(689)(719)(771)(798)(847)
% of Revenue12%12%12%12%12%12%
Research & Development(160)(173)(181)(194)(201)(213)
% of Revenue3%3%3%3%3%3%
Net interest & other expenses8997101108112119
% of Revenue2%2%2%2%2%2%
Tax expense(36)(65)(118)(178)(235)(300)
Tax rate55%20%20%20%20%20%
Net profit302634797219501,214
% Margin1%4%8%11%14%17%