Risk factor
Low price volatility
Profitability factor
Excellent dividends
About
Tung Ho Steel Enterprise Corporation, along with its various subsidiaries, is engaged in the manufacturing and global distribution of steel products. Their market reach spans Taiwan, mainland China, Vietnam, and other international markets. The company's extensive operations are segmented into six distinct divisions, encompassing facilities in Kaohsiung, Taoyuan, Miaoli, and Vietnam, alongside a specialized Steel Structure unit. Its diverse product portfolio includes a range of rebar types crucial for building projects, such as screw rebar, deformed steel rebar, compact rebar in coils, high-tensile rebar, and round bars. Tung Ho Steel also provides structural components like hot-rolled and checkered H-beams, I-beams, channel beams, and U-type sheet piles, essential for various steel frameworks and general construction. Furthermore, they produce plate steel products, which find application in industrial facilities, logistics centers, commercial and residential buildings, and bridges. Their specialized offerings extend to custom cut-and-bent steel, friction welding couplers, steel rebar mesh, and fabricated H-beams. Founded in 1946, the corporation is headquartered in Taipei, Taiwan.
Company Valuation
Based on key historical and expected multiples, the stock is undervalued relative to its peers. Specifically, the stock is 'cheap' on P/E, undervalued on EV/EBITDA, under
Target Price
The average target price of 2006.TW is 83 and suggests 19.7% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to inc