Risk factor
Very poor trading liquidity
Profitability factor
Modest dividends
About
Established in 1987 and headquartered in New Taipei City, Taiwan, Wanshih Electronic Co., Ltd. is a global producer and distributor of electronic components, computer hardware, and associated peripheral products. The company operates as an OEM/ODM supplier, notably crafting miniature coaxial cable assemblies for prominent manufacturers of notebook computers and mobile phones. Wanshih's extensive product range includes diverse connectivity solutions such as external cables (e.g., USB, Lightning, HDMI, audio/video, LAN, SATA, automotive, and medical types) and specialized wire harness assemblies for applications like LVDS/eDP, consumer devices, industrial machinery, and robotics. They also manufacture a broad spectrum of antennas, encompassing external Wi-Fi and LTE models, integrated PCB and metal designs, built-in MIMO, satellite positioning systems, small cell patch stations, and fiberglass tube antennas. Furthermore, the company is involved in radar technology development. Beyond component manufacturing, Wanshih provides comprehensive Surface Mount Technology (SMT) products and assembly services. This includes advanced SMT equipment for multi-function production, solder paste printing, 3D online solder paste inspection, and Automated Optical Inspection (AOI). These services cater to various industries, including automotive, consumer electronics, 3C, and artificial intelligence.
Company Valuation
From both historical and forecast perspectives, the stock is fairly priced compared to similar stocks. Specifically, the stock is 'expensive' on P/E, neutral on EV/EBITD.