Risk factor
Very poor trading liquidity
Profitability factor
Greatly overvalued vs peers
About
Tex Year Industries Inc. operates as a global manufacturer and supplier, specializing in a broad range of adhesive solutions, specialty chemicals, and infection control products. Established in 1976, the company is headquartered in New Taipei City, Taiwan, and serves markets across Taiwan, the broader Asian region, Europe, the Americas, and other international territories. Its extensive adhesive portfolio encompasses various hot-melt formulations, such as general-purpose types, glue sticks, and water-based pressure-sensitive hot melts. This category also includes related application tools like hot-melt glue guns, alongside versatile super glues. Beyond general adhesives, Tex Year supplies a suite of advanced specialty chemicals. Noteworthy offerings include HumiSeal, a protective conformal coating for circuit boards; HARDLOC, a robust structural adhesive; and a variety of mold release agents, specialized bonding solutions, and additional water-based adhesives. The company's commitment to health and safety extends to its infection control division. This includes essential products like medical and dental detergents, sterilization pouches, and a range of autoclaves – from compact tabletop computerized steam models to larger CSSD floor-stand units. Further diversifying its portfolio, Tex Year also manufactures large and small vibrating equipment, high-efficiency filter media for both home appliances (pleatable synthetic HEPA) and automotive cabins, various water-based pressure-sensitive adhesives, UV curing and TOYOBO ITO conductive films, and thermal interface materials.
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,