Risk factor
Meaningful price volatility
Profitability factor
Greatly overvalued vs peers
About
CoAsia Electronics Corp., headquartered in Taipei, Taiwan, has been supplying a diverse range of electronic components since its establishment in 1997. Operating across key international markets including Taiwan, China, the United States, Southeast Asia, India, and Korea, the company specializes in providing solutions primarily for mobile multimedia applications. Its extensive product line encompasses various types of image sensors, including CMOS, 3D, and automotive-grade sensors. CoAsia also offers integrated circuits such as general processors, Power Management ICs (PMICs), and Near Field Communication (NFC) components. Additionally, their portfolio includes memory solutions, foundry services, and AMOLED displays tailored for both mobile and information technology sectors. The company further provides controller and driver ICs for camera modules (supporting features like Optical Image Stabilization and Autofocus), alongside microcontroller units (MCUs) utilized in a variety of products from remote controls and small home appliances to LCD applications. The company was previously known as CoAsia Microelectronics Corp.
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers. In particular, the stock is overpriced on P/E, 'expensive' on EV/EB