Risk factor
Strong & resilient to price shocks
Profitability factor
Strong margins and returns
About
SINBON Electronics Co., Ltd. manufactures and sells computer peripherals, connectors, wires, and other parts in Mainland China, Hong Kong, the United States, Taiwan, and internationally. The company operates through Green Energy, Industrial Application, Medical Health, Automotive & Aviation, and Communication segments. The Green Energy segment develops, manufactures, and sells cable assembly and control modules for green energy industries, such as solar photovoltaic, wind power and offshore wind power. Its Industrial Application segment develops, manufactures, and sells industrial application products comprising robot arm control cable assemblies, control cabinet cable assemblies, and panel connection cables. The Medical Health segment develops, manufactures, and sells medical equipment cables, including electrocardiographs, oximeters, and X-ray wiring harnesses. Its Automotive & Aviation segment develops, manufactures, and sells electric vehicle charging guns and charging piles, automotive oxygen sensors, and parking-related equipment cables. The Communication segment develops, manufactures, and sells communication related cables, such as smart phones, smart wearable devices and VR /AR HMD devices. The company also engages in the logistics, renewable energy investment management consulting, and new energy technology development businesses; and sale of electronic materials. SINBON Electronics Co., Ltd. was incorporated in 1989 and is headquartered in New Taipei City, Taiwan.
Company Valuation
Based on key historical and expected multiples, the stock is slightly overvalued relative to its peers. In particular, the stock is reasonably priced on P/E, of fair valu
Target Price
The average target price of 3023.TW is 365 and suggests 10.8% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendat