Risk factor
Weak & very vulnerable to price shocks
Profitability factor
Decent price performance
About
Guangdong Tianan New Material Co., Ltd. is a company dedicated to the development, manufacturing, and distribution of a diverse portfolio of materials. Its automotive division crafts PVC/PPF and TPO/PPF interior materials, which are integrated into components such as instrument panels, door and side panels, and seating. Additionally, the company provides PVC and PP decorative materials. For the building and home furnishing sectors, its offerings encompass laminated, vacuum, and membrane films; various wrappings; stretch ceiling films; edge bandings; and flame-resistant films. Furthermore, its calendered film portfolio extends to automotive decorative applications, laminators, labels, static cling products, stretch ceilings, and specialized medical membranes. Completing its product range is synthetic leather, utilized in furniture, footwear, fashion handbags, and other case or decorative leather items. Founded in 2000, the company maintains its headquarters in Foshan, China.
Company Valuation
Based on key historical and expected multiples, the stock is slightly overvalued relative to its peers. Specifically, the stock is 'expensive' on P/E, overvalued on EV/EB