Risk factor
Resilient to price shocks
Profitability factor
Strong margins and returns
About
Iron Force Industrial Co., Ltd. engages in the manufacturing and trading of auto parts, and display and houseware products in Taiwan and internationally. Its auto parts include airbag inflators and precision metal parts for automotive safety systems; steering columns/shafts and diesel engine cooling pipes; high precision metal tubes for seatbelt retractor/pre-tensioner systems; automated machines; and special surface treatments, as well as related components. The company also provides OEM and ODM of customized store display fixtures; display systems design; and retail store design, as well as metal wire related products. In addition, it offers display fixtures, clothes hangers, and mannequins, as well as provides logistic services. The company was founded in 1977 and is headquartered in New Taipei City, Taiwan.
Company Valuation
From both historical and forecast perspectives, the stock is fairly priced compared to similar stocks. In particular, the stock is reasonably priced on P/E, of fair value
Target Price
The average target price of 2228.TW is 110 and suggests 24% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to incr
