Risk factor
Strong & resilient to price shocks
Profitability factor
Very strong margins and returns
About
Nien Made Enterprise Co., LTD. operates as a global entity, focusing on the research, development, design, manufacturing, and sale of a diverse array of window coverings and their associated components. The company's market reach extends across the United States, Europe, and various other international regions. Its operations are structured into two principal segments: Window Coverings and an "Other" category. Within its core business of window coverings, Nien Made provides a comprehensive selection that includes different types of blinds, shutters, and shades (such as cellular, Roman, and roller varieties), along with their necessary components and accessories. This offering also encompasses semi-finished wood blinds and shutters, as well as plastic blinds. Additionally, the company manufactures chair covers. Beyond window treatments, Nien Made's activities extend to the design, production, and distribution of automated appliances and PVC tubes. Its product portfolio further includes the manufacturing and sale of dehumidifiers and air purifiers. Complementing these offerings, the company provides logistics support services, handles documentation processing for window coverings, and engages in their trading and servicing. Founded in 1974, the enterprise was originally named Huan Qiu Shi Jing Co., Ltd. before officially rebranding to Nien Made Enterprise Co., LTD. in March 2008. Its corporate headquarters are situated in Taichung, Taiwan.
Company Valuation
From both historical and forecast perspectives, the stock is fairly priced compared to similar stocks. Specifically, the stock is fairly valued on P/E, neutral on EV/EBIT
Target Price
The average target price of 8464.TW is 534 and suggests 54.4% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to in