Risk factor
Poor trading liquidity
Profitability factor
Very strong margins and returns
About
Founded in 1982 and based in Tainan City, Taiwan, TTET Union Corporation is a prominent entity primarily focused on soybean processing, with operations spanning Taiwan, India, and global markets. The company is extensively involved in the manufacturing, commercialization, refining, and international trade of a wide array of vegetable oils and fats. Their product line features edible oils such as soybean, canola, palm olein, deep frying, and sunflower oils. Additionally, TTET Union produces various soybean derivatives, including dehulled high-protein, dehulled full fat, regular, and full fat soybean meals, as well as soybean hull pellets and high-protein soybean flakes. They also supply selected raw soybeans and deodorized distillates. Beyond these core activities, the corporation manages cogeneration power plants and participates in both the wholesale and retail distribution of oils.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. In particular, the stock is reasonably priced on P/E, of fair value on E