Risk factor
Sufficiently resilient to price shocks
Profitability factor
Very weak growth
About
China General Plastics Corporation manufactures, sells, and services various vinyl products in Asia, the United States, Oceania, Europe, the Middle East, and Africa. It operates through Vinyl Chloride Monomer (VCM) Products and Polyvinyl Chloride (PVC) Products segments. The company offers raw materials and fabrication products. Its products include PVC resins for use in various applications, including injection and blowing molding, hollow vacuum forming, rigid and shrinkable films, soft and semi-rigid products, rigid pipes, hoses, wire and cable insulation, high impact flexible products, high impact sheets, high voltage wires, and cable insulations, as well as PVC compound products comprising soft and rigid type compounds. In addition, the company provides construction products, such as PVC pipes and fittings, waterproofing membranes, anti-corrosion liners, PVC wall/partition boards, PVC panels, etc. Further, it offers flexible, rigid, printed, and laminated films and sheets; furniture lamination films; and synthetic leather products for use in shoes, furniture, marine, vehicles, sports equipment, medical care applications, as well as stain resistance materials. The company also provides green materials that include VERDOR GREEN leather/film, and VERDA GREEN and POLYTEX GREEN leather. China General Plastics Corporation was founded in 1964 and is headquartered in Taipei, Taiwan.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. In particular, the stock is 'expensive' on EV/EBITDA.
Target Price
The average target price of 1305.TW is 16 and suggests 16% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to incre
