Risk factor
Very poor trading liquidity
Profitability factor
Weak growth
About
Based in South Korea, Tapex Co., Ltd. specializes in the production and distribution of a wide array of adhesive tape solutions. Its extensive product portfolio serves diverse sectors, notably electronics, where its tapes are integral to components such as flat panel displays, semiconductors, and secondary batteries. They also find application in optic lens molding, electronic insulation, electrical fittings, flexible and printed circuit boards (FPCBs), and touch panels. Furthermore, these specialized tapes are utilized for electromagnetic interference (EMI) shielding and lead frame plating, among various other industrial uses. The company also caters to general packaging needs and supplies adhesive products for a range of consumer goods, including kitchenware, general-purpose tapes, and other household articles. Tapex's global reach extends to approximately ten international markets through exports. Previously operating under the name Seotong Chemical Co., Ltd., the firm was established in 1977 and maintains its corporate headquarters in Hwaseong-si, South Korea.
Company Valuation
Considering past and projected metrics, the stock is neither 'expensive' nor 'cheap' compared to its peers. In particular, the stock is reasonably priced on P/E, 'cheap'