Risk factor
Very poor trading liquidity
Profitability factor
Greatly overvalued vs peers
About
Jorjin Technologies Inc., established in 1997 and headquartered in New Taipei City, Taiwan, is a global provider specializing in the manufacture and sale of smart eyewear and Industrial Internet of Things (IIoT) solutions. Their extensive product portfolio includes various smart glasses, such as monocular devices, models with eye-tracking capabilities for metaverse applications, advanced tools for environmental understanding, and augmented vision for enriched data display. They also offer WiFi/Bluetooth-enabled and USB-C compatible smart glasses, as well as mixed reality (MR) binocular smart glasses and associated development tools. Beyond wearables, Jorjin supplies system-on-module products and a wide array of wireless connectivity solutions, encompassing LPWAN Sigfox, Bluetooth Low Energy wireless MCU modules, general wireless modules, WiFi for CPU integration, sensing components, and evaluation boards. The company further provides comprehensive design and manufacturing services. Jorjin's offerings are utilized in diverse applications, including wearable consumer electronics, automotive infotainment systems, cloud-connected devices, and industrial mobile computing products.
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers. In particular, the stock is overpriced on P/E, 'expensive' on EV/EB