Risk factor
Very poor trading liquidity
Profitability factor
Excellent dividends
About
Established in Taipei, Taiwan, in 1980, Audix Corporation operates as a diversified manufacturer and distributor within the electronics sector. The company's manufacturing expertise spans a broad spectrum of products, from core electronic components like relays, transformers, chokes, and couplers, to sophisticated precision molds, which include multi-position progressive, composite, and forming dies. Audix also produces a variety of precision-pressed items such as automotive switches, relay connection riveting parts, hearing aid components, and diverse adhesive terminals. Its capabilities extend to fabricating precision coupler parts, plastic components for both electronics and medical devices, and complete coupler assemblies. Beyond components, Audix innovates in automated production, developing equipment for CCFL and electronics, specialized jigs for automotive assembly, and electronic switches for vehicles. Complementing its manufacturing arm, Audix is a significant distributor of electronic components from various brands. Furthermore, the company delivers a suite of technical services, encompassing safety verification, EMC authentication, software and hardware product development, anechoic chamber design and construction, and chemistry examination.
Company Valuation
Based on key historical and expected multiples, the stock is slightly undervalued relative to its peers. In particular, the stock is underpriced on P/E, 'cheap' on EV/EBI