Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
The Tirex Corporation specializes in developing advanced semi-cryogenic technology for recycling tires. Its innovative TCS System functions as a comprehensive tire reduction solution, employing cold air to freeze discarded tire fragments. Subsequently, a proprietary fracturing mill is utilized to convert the rubber into high-quality cryogenic crumb rubber. An additional benefit of the TCS System is its ability to efficiently separate valuable steel and fiber elements from the processed crumb rubber. Founded in 1987, the company was initially known as Tirex America, Inc. before officially rebranding as The Tirex Corporation in July 1997. It maintains its operational base in Westport, Connecticut.
Company Valuation
From both historical and forecast perspectives, the stock is considerably underpriced compared to similar stocks. In particular, the stock is underpriced on P/E.