Risk factor
Very high price volatility
Profitability factor
Favourable price performance
About
Tianyang New Materials (Shanghai) Technology Co., Ltd. engages in the research and development, manufacture, and sale of thermoplastic and reactive adhesive materials in China and internationally. The company offers thermoplastic hot melt adhesives, including copolyamide, copolyester, modified PA material, web adhesives, and film adhesives; and reactive adhesives comprising PUR adhesives, photovoltaic encapsulation films, and electronic adhesives. Its products are used in clothing and textile, automobile, electronics, reflective materials, shoe materials, and construction materials. The company was formerly known as Shanghai Tianyang Hot Melt Adhesives Co., Ltd. Tianyang New Materials (Shanghai) Technology Co., Ltd. was founded in 1993 and is based in Jiading, China.
Company Valuation
Based on key historical and expected multiples, the stock is slightly overvalued relative to its peers. Specifically, the stock is reasonably priced on P/FCF.