Risk factor
Very poor trading liquidity
Profitability factor
Greatly overvalued vs peers
About
Jong Shyn Shipbuilding Co., Ltd. is a Taiwanese enterprise primarily involved in the construction, refurbishment, and upkeep of various maritime vessels. The company's extensive manufacturing capabilities encompass a broad spectrum of ship types, such as cargo freighters, naval frigates, towboats, transport shuttles, fishing trawlers, passenger ferries, luxury yachts, crude oil carriers, and scientific research vessels. Additionally, it undertakes land-based engineering projects and produces custom-built specialized ships for unique requirements. Beyond vessel fabrication, Jong Shyn offers a comprehensive suite of services, including dry-docking, extensive mechanical servicing, protective coating applications, precision shaft processing, and interior architectural and engineering solutions. The firm was established in 1985 and operates principally from its headquarters located in Kaohsiung, Taiwan.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'expensive' compared to its peers. Specifically, the stock is 'expensive' on P/E, overvalued on EV/EBITD.