Risk factor
Low price volatility
Profitability factor
Overvalued vs peers
About
Kenda Rubber Industrial Co. Ltd., a Taiwanese entity established in 1962, is a key player in the design, manufacturing, and distribution of a diverse range of rubber products. Headquartered in Yuanlin, Taiwan, the company primarily specializes in various types of tires. Their extensive tire offerings cater to numerous segments, including automobiles, bicycles, wheelchairs, power sport vehicles, and specialized uses like turf and trailer applications. In addition to tires, Kenda's product lineup features inner tubes, wheels, and rims. The company also supplies various carbon fiber products and provides strategic marketing planning services.
Company Valuation
Based on key historical and expected multiples, the stock is overvalued relative to its peers. In particular, the stock is overpriced on P/E, of fair value on EV/EBITDA,
Target Price
The average target price of 2106.TW is 22.0 and suggests 31% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to inc