Risk factor
Very high price volatility
Profitability factor
Solid dividends
About
ITE (Holdings) Limited, an investment holding company, provides smartcard systems, radio frequency identification (RFID) products, and information technology (IT) and related services to the public and private sectors in Hong Kong and Macao. The company provides total solutions; system integration; project management and implementation; and management, operation, and maintenance services, as well as HOMAC hardware and Intelli software products. It offers smart city information services; harvesting, storage, utilization of smart energy; internet of things products, such as sensors and wireless connections; FinTech and sharing economy; e-payment; identification; access control; automated passage; automated fare collection; vehicle and transport; intelligent facilities; time attendance; assets and materials handling; and precision medicine and engineering solutions. ITE (Holdings) Limited was founded in 1997 and is headquartered in Kowloon, Hong Kong.
Company Valuation
Based on key historical and expected multiples, the stock is slightly undervalued relative to its peers. Specifically, the stock is 'cheap' on P/E, undervalued on EV/EBIT