Risk factor
Very poor trading liquidity
Profitability factor
Undervalued vs peers
About
Zig Sheng Industrial Co., Ltd., together with its subsidiaries, engages in the spinning, weaving, dyeing, finishing, printing, processing, and trading of various filaments, artificial cotton, and nylon fibers in Taiwan, Mainland China, rest of Asia, the Americas, Africa, Europe, and Oceania. It operates through Fiber Operating, Chemical Materials Operating, and Other segments. The company offers nylon/polyester filaments comprising full drawn, partially oriented, and highly oriented yarns; nylon/polyester textured yarns consisting of drawn and air textured yarn products; nylon chips; polyamide compounds; and hollow fiber membranes. It also engages in the production, selling, and import/export trading of fiber raw materials for use in the petrochemical industry; manufacture of synthetic resin and industrial plastic; wholesale, export, import, and commission agent of plastic materials, chemical products, chemical fiber products, textile materials, and mechanical and electrical equipment and parts, as well as related auxiliary services; technical consulting; on-site repairment services for mechanical and electrical equipment and parts; general import and export trading; and investment activities. The company’s products are used in everyday and functional workout wear, underwear, accessories, trims, beddings, upholstery, footwear, hosiery, outdoor travel, and industrial yarn; textile, engineering plastic, films, and specialized products; vehicles, electric motor, consumer products, high viscosity grades, and sports equipment; and household drinking water filtration, industrial wastewater treatment, and mobile bio-reactor systems. Zig Sheng Industrial Co., Ltd. was incorporated in 1969 and is headquartered in Taipei, Taiwan.
Company Valuation
Based on key historical and expected multiples, the stock is undervalued relative to its peers. In particular, the stock is reasonably priced on P/E, of fair value on EV/