Risk factor
Poor trading liquidity
Profitability factor
Weak growth
About
Taita Chemical Company, Limited, established in 1960 and based in Taipei, Taiwan, is a prominent manufacturer and distributor of styrenic polymers. The company's market footprint spans Taiwan, Mainland China, Hong Kong, and the United States. Its primary product offerings include TAITALAC brand acrylonitrile-butadiene-styrene (ABS) resin, a versatile terpolymer plastic. Taita Chemical also produces general purpose and high impact polystyrene under the TAITAREX brand, which are widely employed in the creation of food containers, CD cases, stationery, toys, insulation boards, business machinery, various electronic and electrical appliances, and a range of consumer goods. Additionally, the company supplies TAITACELL brand expandable polystyrene resins. Beyond its core plastics business, Taita Chemical also provides glass wool materials. The firm offers a specialized service in cubic printing, a technique used for applying ornamental finishes to three-dimensional items. This service is utilized across diverse sectors, including automotive components, home electronic devices, IT products, interior decor, sporting equipment, and promotional articles. The company actively participates in international export activities to support its global distribution.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. In particular, the stock is of fair value on EV/EBITDA, overvalued on P/
Target Price
The average target price of 1309.TW is 11.2 and suggests 13.5% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation t