Risk factor
Very poor trading liquidity
Profitability factor
Greatly undervalued vs peers
About
TMP Steel Corporation, based in Taipei City, Taiwan, is a leading producer and supplier of iron and steel products for the construction industry. The company specializes in manufacturing and distributing steel reinforcing bars, which are essential for enhancing the structural integrity of a wide range of developments, including residential properties, commercial high-rises, and major public works. Its extensive product portfolio also features steel billets, various types of steel wire (such as general and galvanized options), steel rods, spot-welded steel wire meshes, and section steel products. The company was originally incorporated in 1984. It operated under the name TMP International Corporation until July 2016, when it officially rebranded to its current identity, TMP Steel Corporation.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'cheaper' than its peers. In particular, the stock is underpriced on P/E, 'cheap' on EV/EBITDA, undervalue