Risk factor
High price volatility
Profitability factor
Very weak growth
About
Tecnon Electronics Co., Ltd. researches, designs, develops, produces, sells, and services commercial lighting products in China. The company offers light fixtures, including track spotlight, recessed spotlight, downlight, linear light, panel light, and decorative light products. It also provides LED signage products; standard and customized LED display products; and rental LED display products. The company offers its products for use in retail shops, hotel chains, supermarkets, business spaces, and offices, as well as in the educational, jewelry, photoelectric, residential, urban landscape, and other industries. The company was formerly known as Tecnon (Fujian) Commercial Lighting Co., Ltd. The company was founded in 2002 and is headquartered in Zhangzhou, China.
Company Valuation
Based on key historical and expected multiples, the stock is overvalued relative to its peers. Specifically, the stock is 'expensive' on P/E, overvalued on EV/EBITD.
