Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
Technology General Corporation, established in 1957 and based in Franklin, New Jersey, is a multifaceted manufacturing firm. It produces deep-drawn metal-formed goods, ice crushing and shaving machinery, and systems for spray coating and industrial mixing. Its primary market for these offerings is the United States. The company is structured into three main operating divisions: Precision Metalform, Eclipse Systems, and Clawson Machine. The Precision Metalform division specializes in crafting deep-drawn metal components, which are extensively used in the writing instrument and cosmetics sectors. Eclipse Systems is responsible for developing spray coating systems, typically for industrial product applications, and industrial mixers, available in air-driven and electric models, serving the chemical and food processing industries. The Clawson Machine division manufactures a range of ice-crushing equipment, popular among hospitality venues like hotels, restaurants, and cruise liners. Technology General Corporation distributes its products both directly and through a robust network of distributors. Additionally, the company holds ownership of various buildings, which it leases out to industrial tenants.
Company Valuation
Considering past and projected metrics, the stock is neither 'expensive' nor 'cheap' compared to its peers. Specifically, the stock is neutral on EV/EBITDA.