Risk factor
Vulnerable to price shocks
Profitability factor
Greatly undervalued vs peers
About
Established in 1984 and headquartered in Kaohsiung, Taiwan, Radiant Opto-Electronics Corporation focuses on producing and supplying essential backlight modules and lighting elements for liquid crystal display (LCD) technology. The company's market presence covers significant regions including Asia, Europe, and the United States. Their components are widely utilized in a diverse spectrum of electronic devices, such as smartphones, digital still cameras, video phones, tablet computers, laptops, vehicle dashboards, portable televisions, DVD players, in-car navigation systems, computer monitors, all-in-one personal computers, and TFT LCD televisions.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. Specifically, the stock is 'cheap' on P/E, undervalued on EV/EBITD
Target Price
The average target price of 6176.TW is 143 and suggests 58.5% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to in