Risk factor
Resilient to price shocks
Profitability factor
Greatly undervalued vs peers
About
Nankang Rubber Tire Corp.,Ltd., headquartered in Taipei City, Taiwan, is a global enterprise established in 1959. The company is primarily engaged in the manufacturing and worldwide distribution of a comprehensive selection of tires, alongside other rubber-based supplies. Its broad product line caters to numerous vehicle categories, featuring tires for passenger cars, SUVs, 4x4 vehicles, light trucks, motorcycles, buses, and trailers, in addition to specialized offerings for winter, all-season, and motorsport use. Nankang's operational reach extends across key markets including Taiwan, China, the United States, Europe, and the broader Asian continent.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'cheaper' than its peers. Specifically, the stock is 'cheap' on P/E, undervalued on EV/EBITDA, underpriced