Risk factor
Very poor trading liquidity
Profitability factor
Very low or no dividends
About
Tex-Ray Industrial Co., Ltd. engages in weaving, manufacturing, processing, dyeing, spinning, and trading of cottons, textiles, yarns, and fabrics. It operates through Dyeing and Weaving, Garment Processing, Machine Manufacturing, Metal Fiber, and Other segments. The company is also involved in processing and trading of garments; provision of ultrasonic cleaning and supercritical cleaning services; and extraction businesses. It has operations in Taiwan, the United States, rest of Asia, Mexico, Africa, and internationally. The company was founded in 1978 and is headquartered in Taipei, Taiwan.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. Specifically, the stock is overvalued on EV/EBITDA.
