Risk factor
Meaningful price volatility
Profitability factor
Undervalued vs peers
About
Sincere Navigation Corporation is a Taiwanese maritime transport firm that specializes in owning and operating bulk cargo vessels. Its extensive fleet encompasses dry bulk carriers, oil tankers, and specialized woodchip vessels. By December 31, 2019, the company managed a total of 17 ships, specifically comprising three Very Large Crude Carrier (VLCC) tankers and fourteen dry bulk vessels of various capacities. Sincere Navigation caters to a range of heavy industries, including coal and iron ore mining, steel production, energy, and paper manufacturing. Established in 1960, its corporate headquarters are located in Taipei City, Taiwan.
Company Valuation
From both historical and forecast perspectives, the stock is underpriced compared to similar stocks. Specifically, the stock is 'cheap' on P/E, undervalued on EV/EBITDA,
Target Price
The average target price of 2605.TW is 38.5 and suggests 6.32% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommenda