Risk factor
Very poor trading liquidity
Profitability factor
Weak growth
About
Laster Tech Co., Ltd. manufactures and sells LED chips and components in Taiwan, China, and Thailand. The company offers automotive lighting products, including tail lights, brake lights, fog lights, turn signals, side markers, and day time running lamps; inline module inspection equipment; industrial, indoor, outdoor, and landscape lighting products; and chip products, such as Lumileds LED chips. It also engages in the assembly and sell of LED automotive lighting and LED lighting fixtures-related products; and investment business. The company was founded in 1999 and is headquartered in New Taipei City, Taiwan.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. In particular, the stock is of fair value on EV/EBITDA.
Target Price
The average target price of 3346.TW is 26.6 and suggests 23.7% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to i