Risk factor
Very poor trading liquidity
Profitability factor
Weak margins and returns
About
FineMat Applied Materials Co., Ltd., together with its subsidiaries, develops, manufactures, and sells high precision metal masks and other metal products in Mainland China, Taiwan, and internationally. The company offers high-precision metal mask stretching for displays; flexible OLED display metal mask production and stretching; recycle and cleaning services for OLED and semiconductor components; and various precision-etched application products, as well as full-size precision frame manufacturing services. It also provides design consultation, mask etching, frame preparation, mesh spot welding, and cleaning and regeneration services. In addition, the company engages in professional investment activities; and the manufacture and sale of microwaves, semiconductor and electronic components, communication equipment and apparatus, and computers and its peripherals. It serves the optoelectronic, semiconductor, cooling/manifold plate, medical, and encoder disk industries. The company was formerly known as Yiqiang Technology Co., Ltd. and changed its name to FineMat Applied Materials Co., Ltd. in 2012. FineMat Applied Materials Co., Ltd. was incorporated in 2007 and is headquartered in Tainan City, Taiwan.
Company Valuation
Based on key historical and expected multiples, the stock is slightly undervalued relative to its peers. In particular, the stock is underpriced on P/E, of fair value on