Risk factor
Very poor trading liquidity
Profitability factor
Greatly overvalued vs peers
About
Changs Ascending Enterprise Co., Ltd. (CAE) is a Taiwan-based firm specializing in the research, development, manufacturing, and sales of rechargeable batteries and their essential cell materials. The company's diverse product range includes: Vehicle power solutions: Offering starter batteries specifically designed for applications like golf carts, forklifts, hybrid vehicles, and electric cars. Energy storage and backup systems: Providing Electronic Storage Systems (ESS) and Uninterruptible Power Supply (UPS) solutions for use in office and home settings, general backup power (including ESS UPC), off-grid installations, and solar LED lighting. Industrial and grid-scale applications: Delivering robust ESS/UPS energy storage and backup systems tailored for large UPS units, micro-grid ESS, mission-critical UPS operations, and traffic light backup systems. Founded in Taichung, Taiwan, in 1997, the company was initially known as Changs Enterprise Co., Ltd. It officially adopted its current name, Changs Ascending Enterprise Co., Ltd., in July 2000.
Company Valuation
From both historical and forecast perspectives, the stock is considerably overpriced compared to similar stocks. Specifically, the stock is 'expensive' on P/E, overvalued