Risk factor
Very poor trading liquidity
Profitability factor
Decent dividends
About
Jung Shing Wire Co., Ltd., founded in 1971 and based in Tainan City, Taiwan, specializes in the production and distribution of magnet wires throughout the country. The company offers a comprehensive range of magnet wire products, primarily utilized in motors, coils, and transformers. Their extensive catalog includes general magnet wires, which are crucial components for various applications such as motors, transformers, generators, telecommunications systems, mobile devices, automated control mechanisms, household appliances, electronic equipment, and aerospace technology. Additionally, Jung Shing provides self-bonding magnet wires and a diverse selection of specialized magnet wires. This specialized offering encompasses ribbon wires, parallel multi-strand wires, copper-clad aluminum wires, pure aluminum wires, litz wires, high-tension magnet wires, silver magnet wires, silver-plated magnet wires, and surge-resistant magnet wires.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. In particular, the stock is reasonably priced on P/E, 'expensive' on EV/