Risk factor
Low price volatility
Profitability factor
Undervalued vs peers
About
Established in Taipei, Taiwan in 1975, Lumax International Corp., Ltd. operates across Taiwan and China, specializing in the distribution of electronic components and a comprehensive array of process control equipment and systems. The company provides a diverse portfolio of services, including the maintenance of process control devices and systems, alongside expert upkeep and repair for control valves. Lumax offers dedicated consultancy for process automation, guiding clients through plant development, hardware integration, and project management, serving sectors such as petrochemical, electronic, and steel industries. Its product offerings include essential hardware for the calibration, inspection, and maintenance of industrial instruments like control valves, switch valves, and analytical tools, in addition to its proprietary Lumax valves and effective VOC anti-leakage solutions. Beyond these core areas, Lumax supplies telecommunication materials, various types of valves, mechanical equipment, instrumentation products, and specialized equipment for chemical manufacturing. The company's operations also encompass the wholesale and import of a broad spectrum of goods, ranging from cables, communication connectors, motors, and electrical equipment to grinding machine parts, non-hazardous chemicals, and copper and aluminum products. Furthermore, Lumax delivers services such as the assembly, maintenance, commissioning, and technical consultation for electromechanical equipment, alongside the calibration and repair of mechanical and electrical instruments. The company is also actively involved in the import and export of various goods and technologies.
Company Valuation
Considering past and projected metrics, the stock is 'cheaper' than its peers. Specifically, the stock is 'cheap' on P/E, undervalued on EV/EBITDA, underpriced on P/FCF.
Target Price
The average target price of 6192.TW is 166 and suggests 37.8% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to in