Risk factor
Very poor trading liquidity
Profitability factor
Overvalued vs peers
About
Established in 1988 and headquartered in Taipei, Taiwan, Tachan Securities Co., Ltd. is a multifaceted financial services provider specializing in securities, investment consulting, and venture capital. The company delivers a broad spectrum of services, including brokerage for various asset classes like listed and over-the-counter stocks, funds, and bonds, alongside proprietary trading, underwriting, and general investment consultation. They equip clients with tools for market analysis, encompassing fundamental and technical assessments, and risk management through setting investment upper limits and stop-loss amounts. Tachan's underwriting division assists enterprises with public offering planning, listing guidance, capital raising, and developing corporate financial strategies. This also extends to the design and issuance of diverse financial products, as well as the planning and execution of corporate mergers and acquisitions. Furthermore, the company offers extensive bond-related services, such as underwriting and trading corporate and short-term bonds, participation in primary market auctions for government bonds, providing over-the-counter market quotes, and offering specialized consultation on bond investments, short-term interest rates, and public bond yields. Finally, its investment advisory arm furnishes clients with research and analytical insights, publishes reports on securities investment, and organizes educational seminars on the subject.
Company Valuation
From both historical and forecast perspectives, the stock is overpriced compared to similar stocks. Specifically, the stock is 'expensive' on P/E, overvalued on EV/EBITDA