Risk factor
Meaningful price volatility
Profitability factor
Greatly overvalued vs peers
About
NEXCOM International Co., Ltd., along with its affiliated entities, specializes in delivering a diverse array of advanced technological solutions. These offerings primarily span areas such as Internet of Things (IoT) automation, sophisticated video surveillance, smart urban infrastructure, mobile computing, medical and healthcare information technology, and robust network and communication systems. Within the IoT automation sector, NEXCOM provides embedded computing platforms, machine and PC-based factory automation tools, panel PCs, and supporting software. Their hardware range also includes industrial fanless, rackmount, and marine-grade computers. For smart cities, the company develops intelligent platform solutions featuring embedded computing boards, fanless edge computing systems, interactive digital signage packages, smart service kiosks, and point-of-sale (POS) solutions, alongside edge AI, visual edge, and embedded touch computers. Their intelligent video surveillance portfolio encompasses network cameras and NVR (Network Video Recorder) hardware platforms. NEXCOM further supplies mobile computing solutions, which include cutting-edge edge AI telematics, in-vehicle networking equipment, and IP-rated computers and displays. This segment also features embedded add-on modules/cards, modular vehicle computer systems, vehicle-mounted displays, specialized railway and railway panel computers, and various vehicle mount and telematics computers. Their network and communication solutions cover cybersecurity, edge and cloud computing, operational technology (OT) security, and a variety of network peripheral devices, complemented by System-on-Chip (SoC) capabilities and software services. Additionally, NEXCOM offers industrial wireless solutions, remote network management tools, and other embedded computing products. Their medical and healthcare informatics division delivers embedded boards, vertical applications, video conference systems, software packages, and comprehensive healthcare and medical solutions. Established in 1992 and headquartered in New Taipei City, Taiwan, NEXCOM maintains a significant global footprint. The company conducts operations in numerous countries including Taiwan, Sweden, South Korea, the Netherlands, Israel, Norway, China, the United Kingdom, Japan, Germany, Ireland, and the United States, with an extensive international presence.
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers. In particular, the stock is 'expensive' on EV/EBITDA.