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Elite Material Co Ltd 2383

Morningstar Rating
TWD 408.00 +11.00 (2.77%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

2383 is trading at a 15% discount.
Price
TWD 351.56
Fair Value
TWD 994.56
Uncertainty
Very High
1-Star Price
TWD 893.22
5-Star Price
TWD 742.22
Economic Moat
Wwcslt
Capital Allocation
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News

Trading Information

Previous Close Price
TWD 407.50
Day Range
TWD 403.00412.00
52-Week Range
TWD 153.00550.00
Bid/Ask
TWD 407.50 / TWD 408.00
Market Cap
TWD 140.02 Bil
Volume/Avg
3.7 Mil / 8.5 Mil

Key Statistics

Price/Earnings (Normalized)
29.15
Price/Sales
3.67
Dividend Yield (Trailing)
2.12%
Dividend Yield (Forward)
2.12%
Total Yield
2.12%

Company Profile

Elite Material Co Ltd is engaged in the manufacturing and selling of printed circuit boards, copper-clad laminates, electronic-industrial specialty chemicals and raw materials, work-in-progress, and finished goods of electronic components. The Group has three reportable segments: The domestic segment produces and sells different types of printed circuit board products, electronic-industrial specialty chemicals, and electronic components, the Foreign segment produces and sells prepreg for printed circuit board and copper-clad laminate, and Other segments include investment and product exchange business. Geographically, It operates in Taiwan, China, and Other countries.
Sector
Technology
Industry
Electronic Components
Stock Style Box
Large Growth
Total Number of Employees
2,098

Comparables

Valuation

Metric
2383
6213
8155
Price/Earnings (Normalized)
29.1571.9029.21
Price/Book Value
5.382.083.34
Price/Sales
3.671.622.45
Price/Cash Flow
23.4119.0720.34
Price/Earnings
2383
6213
8155

Financial Strength

Metric
2383
6213
8155
Quick Ratio
1.141.641.47
Current Ratio
1.412.021.81
Interest Coverage
22.818.6621.35
Quick Ratio
2383
6213
8155

Profitability

Metric
2383
6213
8155
Return on Assets (Normalized)
10.42%2.46%7.13%
Return on Equity (Normalized)
22.32%4.18%11.64%
Return on Invested Capital (Normalized)
15.23%3.61%10.68%
Return on Assets
2383
6213
8155
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