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WT Microelectronics Co (TPE:3036) Intrinsic Value: Projected FCF : NT$117.47 (As of May. 22, 2024)


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What is WT Microelectronics Co Intrinsic Value: Projected FCF?

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2024-05-22), WT Microelectronics Co's Intrinsic Value: Projected FCF is NT$117.47. The stock price of WT Microelectronics Co is NT$120.00. Therefore, WT Microelectronics Co's Price-to-Intrinsic-Value-Projected-FCF of today is 1.0.

The historical rank and industry rank for WT Microelectronics Co's Intrinsic Value: Projected FCF or its related term are showing as below:

TPE:3036' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.95   Med: 4.89   Max: 21.4
Current: 1.02

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of WT Microelectronics Co was 21.40. The lowest was 0.95. And the median was 4.89.

TPE:3036's Price-to-Projected-FCF is ranked better than
66.28% of 1634 companies
in the Hardware industry
Industry Median: 1.46 vs TPE:3036: 1.02

WT Microelectronics Co Intrinsic Value: Projected FCF Historical Data

The historical data trend for WT Microelectronics Co's Intrinsic Value: Projected FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

WT Microelectronics Co Intrinsic Value: Projected FCF Chart

WT Microelectronics Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.63 17.44 3.69 -12.88 118.26

WT Microelectronics Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Intrinsic Value: Projected FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.87 42.96 74.36 118.26 117.47

Competitive Comparison of WT Microelectronics Co's Intrinsic Value: Projected FCF

For the Electronic Components subindustry, WT Microelectronics Co's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


WT Microelectronics Co's Price-to-Projected-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, WT Microelectronics Co's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where WT Microelectronics Co's Price-to-Projected-FCF falls into.



WT Microelectronics Co Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get WT Microelectronics Co's Free Cash Flow(6 year avg) = NT$4,097.71.

WT Microelectronics Co's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Mar24)*0.8)/Shares Outstanding (Diluted Average)
=(12.695422498353*4097.70864+85561.216*0.8)/1025.573
=117.47

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


WT Microelectronics Co  (TPE:3036) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

WT Microelectronics Co's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=120.00/117.46712838574
=1.02

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


WT Microelectronics Co Intrinsic Value: Projected FCF Related Terms

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WT Microelectronics Co (TPE:3036) Business Description

Traded in Other Exchanges
Address
No. 738, Zhongzheng Road, 235th Floor, Zhonghe District, New Taipei, TWN, 235
WT Microelectronics Co Ltd develops and sells electronic and communication components. Supply chain management services are offered to vendors and customers primarily in China, but the company does contract business from other Asia Pacific countries. The majority of revenue is derived from clients in the communication, computing, and consumer markets. The company depends on a host of marketing and sales channels to help deliver value-add technical support, explore component application opportunities, and facilitate product development timelines. WT Microelectronics aims to co-define the product marketing strategy with upstream vendors and reduce the research and development pipeline for downstream clients.

WT Microelectronics Co (TPE:3036) Headlines

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