Risk factor
Meaningful price volatility
Profitability factor
Favourable price performance
About
Beken Corporation, founded in 2004 and headquartered in Shanghai, China, operates as a fabless semiconductor firm. This enterprise specializes in the design and development of cutting-edge, power-optimized wireless integrated circuits (ICs). Its extensive product portfolio features a variety of wireless data transmission solutions, including Wi-Fi, Bluetooth, proprietary wireless standards, and components for national standard electronic toll collection (ETC). The company also provides a comprehensive array of wireless audio offerings, such as Wi-Fi audio/video, Bluetooth audio, proprietary audio systems, walkie-talkie functionalities, digital microphone circuits, and broadcast/FM receivers. Additionally, Beken delivers wireless video and satellite navigation technologies. These advanced ICs find diverse applications across numerous sectors, notably in the Internet of Things (IoT), Internet of Vehicles (IoV), smart audio devices (including smart speakers, smart storytellers, Bluetooth speakers, and earphones), wireless peripherals (like keyboards and mice), drones, and digital microphones.
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