Risk factor
Very poor trading liquidity
Profitability factor
Very low or no dividends
About
Tang Eng Iron Works Co., Ltd. is primarily engaged in the fabrication and global distribution of a wide array of stainless steel products. The company's diverse offerings include various forms of steel such as rolls, slabs, blanks, ingots, substantial steel boards, and both hot and cold rolled coils. These specialized materials find extensive utility across numerous sectors, being employed in applications ranging from food and chemical processing equipment, industrial piping, and structural tubing, to decorative panels, electronic components, and even consumer goods like tableware, kitchenware, and knife production. This Taiwanese enterprise, headquartered in Kaohsiung City, was established in 1940.
Company Valuation
From both historical and forecast perspectives, the stock is fairly priced compared to similar stocks. Specifically, the stock is 'cheap' on P/E.