Risk factor
High price volatility
Profitability factor
Strong growth
About
Microtek International, Inc., established in 1980 and headquartered in Hsinchu City, Taiwan, specializes in the development, production, and distribution of intelligent scanning devices and computer-related peripherals for markets in China and Taiwan. The company's operations are divided into two main segments: Image Scanner and Optoelectronics. The Image Scanner division offers a wide array of products, including NDT/RT film digitizers, line cameras, industrial inspection solutions, and NTR inspecting software. It also provides various software applications for digital archiving, document, artwork, bill, and data management, along with X-ray films and their application software, plus specialized tools for gel electrophoresis and herbarium specimen analysis. Its comprehensive scanner portfolio features high-speed flatbed, automatic document feeder (ADF), advanced imaging, large-scale artwork, object, fingerprint gel, multispectral, and anti-counterfeiting scanners, as well as entry-level models and document cameras. The Optoelectronics segment focuses on manufacturing optical source devices, light measurement instruments, and complete light source manufacturing systems.
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers. In particular, the stock is overpriced on P/E, 'expensive' on EV/EB