Risk factor
High price volatility
Profitability factor
Favourable price performance
About
Established in 1997 and headquartered in Hsinchu City, Taiwan, TrueLight Corporation operates across Asia, specializing in the design, development, and provision of optical components. The company's extensive product portfolio supports various applications, including fiber optic communication, interconnectivity for 4G/5G mobile base stations, cloud data centers, and advanced 3D/near-field sensing and flood illumination systems. TrueLight supplies key components such as Vertical Cavity Surface Emitting Lasers (VCSELs), edge-emitting lasers, and photodiodes, in addition to a range of sub-modules, light engines, and Active Optical Cables (AOCs). Its primary clientele consists of manufacturers of optical fiber transceivers, internet equipment, and smartphone modules.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'expensive' compared to its peers.
Target Price
The average target price of 3234.TWO is 50.0 and suggests 53.7% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation