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5-day change | 1st Jan Change | ||
422.5 TWD | -0.71% | +2.55% | +10.60% |
04-30 | Elite Material Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
03-18 | Elite Material Co., Ltd.(TWSE:2383) added to FTSE All-World Index | CI |
Summary
- The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.
- Overall, and from a short-term perspective, the company presents an interesting fundamental situation.
Strengths
- Its core activity has a significant growth potential and sales are expected to surge, according to Standard & Poor's' forecast. Indeed, those may increase by 72% by 2026.
- The company returns high margins, thereby supporting business profitability.
- The company is in a robust financial situation considering its net cash and margin position.
- Over the past year, analysts have regularly revised upwards their sales forecast for the company.
- Growth remains a strong point in this company. In their sales forecast, analysts sound optimistic with regard to sales prospects.
- For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
- For the last few months, EPS revisions have remained quite promising. Analysts now anticipate higher profitability levels than before.
- Analysts covering this company mostly recommend stock overweighting or purchase.
- The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
Weaknesses
- The company appears highly valued given the size of its balance sheet.
- The average consensus view of analysts covering the stock has deteriorated over the past four months.
- Financial statements have repeatedly disappointed market stakeholders. Most often, they were below expectations.
Ratings chart - Surperformance
Chart ESG Refinitiv
Sector: Semiconductors
1st Jan change | Capi. | Investor Rating | ESG Refinitiv | |
---|---|---|---|---|
+10.60% | 4.51B | B- | ||
+7.88% | 53.79B | B- | ||
-17.59% | 14.96B | B | ||
+14.51% | 11.36B | B+ | ||
+8.24% | 8.89B | B | ||
+20.30% | 8.63B | B- | ||
+45.30% | 8.57B | D+ | ||
-9.56% | 8.31B | B- | ||
-14.14% | 6.89B | B | ||
-10.67% | 6.61B | C- |
Financials
Valuation
Momentum
Consensus
Business Predictability
Environment
Governance
Controversy
Technical analysis
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- Ratings Elite Material Co., Ltd.