Risk factor
Meaningful price volatility
Profitability factor
Very favourable analyst view
About
PlayNitride Inc. specializes in the research, development, manufacturing, and distribution of MicroLED display products primarily within the Chinese market. Their innovative MicroLED solutions are designed for a broad spectrum of uses, ranging from large-format screens, medium and small monitors, and flexible displays to cutting-edge applications in augmented and virtual reality, wearable technology, mobile phones, and in-vehicle systems. Established in 2014, the company maintains its headquarters in Zhunan, Taiwan.
Company Valuation
Based on key historical and expected multiples, the stock is overvalued relative to its peers. In particular, the stock is overpriced on P/E, 'expensive' on EV/EBITD.
Target Price
The average target price of 6854.TW is 180 and suggests 93.5% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to in