Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
Based in Taoyuan, Taiwan, Tatung Fine Chemicals Co., established in 1969, specializes in the creation, production, and distribution of nano-scale materials throughout the country. Their product line includes specific aqueous concentrated pigment dispersions formulated for ink-jet applications, along with innovative photo-catalyst paints. Additionally, the company is a manufacturer of lithium iron phosphate, a crucial cathode component for advanced high-power lithium-ion batteries. Their extensive offerings also feature varnishes, various types of ink, titanium dioxide (TiO), and acrylic products used in cathodic electrodeposition (CED). The firm rebranded to Tatung Fine Chemicals Co. in 2003, having previously been known as Tatung Coatings Company.
Company Valuation
Based on key historical and expected multiples, the stock is overvalued relative to its peers. Specifically, the stock is 'expensive' on P/E, overvalued on EV/EBITDA, ove