Risk factor
Very poor trading liquidity
Profitability factor
Greatly overvalued vs peers
About
Based in Taipei, Taiwan, Shihlin Development Company Limited, established in 1973, primarily operates in the real estate sector. The firm's activities are structured across three main divisions: Construction and Development, Leisure and Recreation, and Catering and Hotel. The Construction and Development segment is responsible for erecting commercial structures, facilitating the sale and leasing of residential properties, and generally undertaking property development projects. Within the Leisure and Recreation division, the company focuses on creating clubs and specialized recreational zones. The Catering and Hotel segment manages both food service operations and accommodation facilities. Additionally, Shihlin Development is involved in land development initiatives. Its business interests further encompass the retail distribution of aggregated wholesale products, direct management of hotels, and various food and beverage enterprises.
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers. In particular, the stock is 'expensive' on EV/EBITDA.