Risk factor
Resilient to price shocks
Profitability factor
Very strong margins and returns
About
Chroma ATE Inc. designs, assembles, manufactures, sells, and maintains computer and peripheral equipment software and hardware, computer automated test systems, electronic test instruments, signal generators, power supplies, and communication power supply equipment under the Chroma brand worldwide. It provides power electronics, electric vehicle, passive component, electrical safety, video & color, flat panel display, LED & driver, photonics, semiconductor/IC, RF & wireless, and general-purpose test solutions; and battery test & automation, automated optical inspection, photovoltaic/inverter test and automation, PXI test and measurement, intelligent manufacturing system, turnkey test and automation, and other solutions. The company also offers warranty, calibration and repair, instrument and test system calibration and repair, customer-site installation, product upgrade, training, technical support, and product support services, as well as replacement parts. Its products are used in information technology, communication, aerospace, and defense industries, as well as hybrid automobiles, LED luminance devices, and solar and fuel cells. The company was founded in 1973 and is headquartered in Taoyuan City, Taiwan.
Company Valuation
From both historical and forecast perspectives, the stock is considerably overpriced compared to similar stocks. In particular, the stock is overpriced on P/E, 'expensive
Target Price
The average target price of 2360.TW is 836 and suggests 57% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to d
Buy
Sell