Risk factor
Meaningful price volatility
Profitability factor
Greatly overvalued vs peers
About
Hiwin Mikrosystem Corporation develops and manufactures linear motion and control system in Taiwan and Israel. The company operates in three segments: Precision Motion and Control Parts, Micro and Nano-Positioning Systems, and Others. It offers stage, single-axis robot, controller and drive, position measurement system, and servo and linear actuators, as well as vacuum, linear, direct drive, torque, spindle, and AC servo motors. The company is also involved in the research, development, manufacturing, and sale of drives and controllers. Its products are used in optical component manufacturing, medicare and healthcare, semiconductor, rehabilitation, and automation equipment, as well as transportation applications. The company was incorporated in 1997 and is headquartered in Taichung, 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/EBITDA,
Target Price
The average target price of 4576.TW is 274 and suggests 45.9% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to in