The Discounted Cash Flow (DCF) valuation of FuSheng Precision Co Ltd (6670.TW) is 452.38 TWD. With the latest stock price at 279.50 TWD, the upside of FuSheng Precision Co Ltd based on DCF is 61.9%.
Based on the latest price of 279.50 TWD and our DCF valuation, FuSheng Precision Co Ltd (6670.TW) is a buy. Buying 6670.TW stocks now will result in a potential gain of 61.9%.
Range | Selected | |
WACC / Discount Rate | 6.4% - 8.7% | 7.5% |
Long-term Growth Rate | 0.0% - 1.0% | 0.5% |
Fair Price | 380.48 - 567.7 | 452.38 |
Upside | 36.1% - 103.1% | 61.9% |
(TWD in millions) | Projections | |||||
12-2024 | 12-2025 | 12-2026 | 12-2027 | 12-2028 | 12-2029 | |
Revenue | 28,370 | 32,381 | 32,890 | 36,542 | 39,758 | 43,191 |
% Growth | 16% | 14% | 2% | 11% | 9% | 9% |
Cost of goods sold | (20,806) | (23,748) | (24,122) | (26,800) | (29,158) | (31,676) |
% of Revenue | 73% | 73% | 73% | 73% | 73% | 73% |
Selling, G&A expenses | (2,077) | (2,371) | (2,408) | (2,676) | (2,911) | (3,162) |
% of Revenue | 7% | 7% | 7% | 7% | 7% | 7% |
Research & Development | (828) | (945) | (960) | (1,067) | (1,161) | (1,261) |
% of Revenue | 3% | 3% | 3% | 3% | 3% | 3% |
Net interest & other expenses | 485 | 553 | 562 | 624 | 679 | 738 |
% of Revenue | 2% | 2% | 2% | 2% | 2% | 2% |
Tax expense | (1,083) | (1,224) | (1,243) | (1,381) | (1,503) | (1,632) |
Tax rate | 21% | 21% | 21% | 21% | 21% | 21% |
Net profit | 4,059 | 4,646 | 4,719 | 5,243 | 5,705 | 6,197 |
% Margin | 14% | 14% | 14% | 14% | 14% | 14% |