Risk factor
Very poor trading liquidity
Profitability factor
Solid dividends
About
Hushan Autoparts Inc. is a manufacturer and global supplier of aftermarket automotive components, with a strong focus on door handles for various vehicle models. The company's product range, distributed both domestically in Taiwan and internationally, includes exterior, interior, tailgate, and window regulator handles. Beyond handles, Hushan also offers advanced automotive accessories such as rear-view and tailgate handle cameras, parking sensors along with their bezels, and window regulators. Its inventory further extends to essential door hardware, including locks, hinges, door checks, and keys, as well as an assortment of clips and fasteners. Moreover, the company provides various automotive cables, covering applications like tailgate, door lock, and hood release mechanisms. Hushan's diverse product catalog also features other components such as air vents, tailgate mouldings, pedal pads, console lids, and bumper brackets. The company, founded in 1972, is headquartered in New Taipei City, Taiwan.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. Specifically, the stock is fairly valued on P/E, neutral on EV/EBITDA, o