Risk factor
Meaningful price volatility
Profitability factor
Greatly undervalued vs peers
About
Based in Taiwan, Hua Eng Wire & Cable Co., Ltd. specializes in the production, fabrication, installation, and distribution of a diverse range of wires, cables, and copper-based goods. Its offerings include various copper products such as oxygen-free rods and wires, as well as bare and tinned copper wires, alongside aluminum conductors. A broad selection of power cables is available, encompassing PVC wires, welding cables, heat and fire-resistant cables, photovoltaic (PV) cables, XLPE-PVC cables, low-smoke halogen-free (LSFH) cables, corrugated armor cables, aluminum-steel wire armored cables, EPR-N rubber cables, flexible rubber insulated cables, instrumentation cables, and shipboard cables. Furthermore, Hua Eng supplies communication cables, including radio frequency (RF) coaxial cables, and various indoor and indoor digital cable types. Its fiber optic cable portfolio features loose tube BJF, indoor, self-supporting, single slotted core ribbon, submarine, micro-tube indoor, and flat fiber cables. Additional products consist of aluminum wires, coated-steel reinforced items, elevator cables, environmentally friendly cables, high voltage cables, local area network (LAN) cables, solar cables, and PV-Ribbons. Established in 1956 and headquartered in Kaohsiung, Taiwan, the company initially operated as Hua Eng Copper and Iron Industrial Co., Ltd. It adopted its current name, Hua Eng Wire & Cable Co., Ltd., in October 1987.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. In particular, the stock is underpriced on P/E, 'cheap' on EV/EBIT