Risk factor
Meaningful price volatility
Profitability factor
Slightly undervalued vs peers
About
Coremax Corporation, established in 1992 and headquartered in Hsinchu City, Taiwan, specializes in the research, development, manufacturing, and distribution of metal-based specialty chemicals and materials for the electronics and battery sectors throughout Taiwan. Its diverse product offerings encompass oxidation catalysts, available in both liquid and crystalline forms, as well as a range of specialty chemicals for use in industries such as tire production, pigments, paints, and other electronic and traditional applications. The company also provides essential battery materials crucial for the fabrication of rechargeable lithium-ion batteries, in addition to supplying chemical and organic compound fertilizers. Originally known as Coremax Taiwan Corporation, the company adopted its current name, Coremax Corporation, in the year 2000.
Company Valuation
Based on key historical and expected multiples, the stock is slightly undervalued relative to its peers. In particular, the stock is reasonably priced on P/E, of fair val