Risk factor
Resilient to price shocks
Profitability factor
Undervalued vs peers
About
HannStar Board Corporation, headquartered in Taoyuan City, Taiwan, specializes in the production and distribution of printed circuit boards (PCBs). These essential components find application in a diverse array of electronic products, such as game consoles, televisions, personal computers, networking apparatus, automotive electronics, liquid crystal displays (LCDs), set-top boxes, servers, wireless audio devices, smart home technology, and white goods. The company's activities extend beyond PCBs to include real estate development and leasing for both residential and commercial properties, real estate sales, the fabrication of mechanical equipment and electronic parts, waste recycling services, wastewater treatment solutions, property management, the rental of industrial facilities, the manufacturing and sale of automotive electronic components, and mold assembly and production. Founded in 1989, the enterprise initially operated as Pacific Science and Technology Industrial Co., Ltd., before rebranding to HannStar Board Corporation in December 1998.
Company Valuation
Based on key historical and expected multiples, the stock is undervalued relative to its peers. Specifically, the stock is fairly valued on P/E, undervalued on EV/EBITD.