Risk factor
Resilient to price shocks
Profitability factor
Excellent dividends
About
Promate Electronic Co.,Ltd. is a Taiwanese enterprise that distributes and sells a variety of electrical and electronic components, along with computer software and finished electrical products within Taiwan. The company organizes its business into distinct segments, encompassing Application Specific and LCD Display Products, Linear/Distributed Components, Image Processing ICs, Application Specific ICs, and various other categories. It provides an array of electronic components, particularly integrated circuits designed for analog, communication, computer, consumer, display, and LED applications. Additionally, Promate offers value-added design-in support for numerous industries, including IT, industrial, communication, automotive, and consumer electronics. Its capabilities also extend to comprehensive system integration solutions, integrating expertise in software, optical, mechanical, and electrical engineering, alongside product development and manufacturing. Furthermore, the company markets consumer electronics such as TFT LCD monitors, televisions, and netbooks, in addition to offering specialized display and embedded solutions. Founded in 1986, Promate's headquarters are located in Taipei, Taiwan.
Company Valuation
From both historical and forecast perspectives, the stock is underpriced compared to similar stocks. In particular, the stock is underpriced on P/E, 'cheap' on EV/EBITDA,
Target Price
The average target price of 6189.TW is 168 and suggests 239% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to inc