Risk factor
Very poor trading liquidity
Profitability factor
Undervalued vs peers
About
Triocean Industrial Corporation Co., Ltd., established in 1957 and headquartered in Kaohsiung, Taiwan, operates a diverse range of businesses. The company manufactures and distributes polypropylene filament yarns and fabrics globally. Beyond its textile operations, Triocean Industrial is also involved in the wholesale and trade of building materials, various investment ventures, the furniture and construction sectors, and the generation, transmission, and distribution of electricity. The corporation adopted its current name in September 2021, having previously been known as Tri Ocean Textile Co., Ltd.
Company Valuation
From both historical and forecast perspectives, the stock is underpriced compared to similar stocks. Specifically, the stock is fairly valued on P/E, neutral on EV/EBITDA