Risk factor
Limited trading liquidity
Profitability factor
Slightly undervalued vs peers
About
Chun Yuan Steel Industry Co., Ltd., established in 1965 and based in Taipei City, Taiwan, operates as a key manufacturer and supplier of diverse steel products throughout Taiwan and the wider Asian market. The company's extensive offerings include a wide range of hot and cold rolled steel sheets, various cold rolled steel bar coils (such as standard, enamel, and coated types), as well as specialized steels like H-beams (both standard and cellular designs for welded constructions), and essential steel base and reinforced plates. Beyond these, Chun Yuan also provides aluminum and alloy-aluminum sheets and coils. Their product portfolio further extends to industrial machinery, structural steel fabrications, and components like motor cores, EI sheets, and magnetic steel coils. They also supply steel in various forms such as plate, bar, round, square, and angled profiles, alongside cold rolled carbon bar steel coils. Additionally, the company deals in non-ferrous metals, including brass, phosphor bronze, and copper strips. In the realm of logistics, Chun Yuan Steel delivers equipment solutions, which comprise heavy material shelving, sophisticated 3-D automated storage systems, and container angles. The company also produces parts for the automotive and electrical appliance industries. Moreover, Chun Yuan Steel engages in substantial civil and construction engineering ventures, undertaking projects that encompass factory complexes, multi-storey buildings, and bridge constructions.
Company Valuation
Based on key historical and expected multiples, the stock is slightly undervalued relative to its peers. In particular, the stock is reasonably priced on P/E, of fair val