Skip to Content

Airtac International Group 1590

Morningstar Rating
TWD 1,055.00 −55.00 (4.96%)
View Full Chart
Unlock our analysis with Morningstar Investor

Company Report

Price vs Fair Value

1590 is trading at a 16% premium.
Price
TWD 1,110.00
Fair Value
TWD 362.00
Uncertainty
High
1-Star Price
TWD 2,873.00
5-Star Price
TWD 481.00
Economic Moat
Cmfzqkn
Capital Allocation
Jvksbwsbsw

Bulls Say, Bears Say

Bulls

5G-related demand (for smartphones and base stations) and pent-up capital expenditure in China will increase demand for pneumatic products, and AirTAC should be a main beneficiary, given its leading position in the industry.

Bears

China’s slowing economic growth and trade tensions with the U.S. will negatively affect demand for AirTAC’s pneumatic components.

Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if 1590 is a good fit for your portfolio.

Trading Information

Previous Close Price
TWD 1,090.00
Day Range
TWD 1,030.001,090.00
52-Week Range
TWD 860.001,290.00
Bid/Ask
TWD 1,055.00 / TWD 1,060.00
Market Cap
TWD 211.00 Bil
Volume/Avg
882,040 / 710,470

Key Statistics

Price/Earnings (Normalized)
31.50
Price/Sales
7.45
Dividend Yield (Trailing)
1.21%
Dividend Yield (Forward)
1.21%
Total Yield
1.21%

Company Profile

Established in Taiwan in 1989, AirTAC International Group specializes in producing actuators, control components, air preparation products, and accessories, which are widely used in industrial automation, including industries such as automotive, machinery manufacturing, electronics, lighting and textile, medical equipment and food and packaging. The firm is the second-largest pneumatic equipment manufacturer in China, with more than 20% market share. AirTAC reported revenue of TWD 26.1 billion in 2022, with more than 90% of sales generated from China.
Sector
Industrials
Industry
Specialty Industrial Machinery
Stock Style Box
Large Growth
Total Number of Employees
3,302

Competitors

Valuation

Metric
1590
ABBN
6506
Price/Earnings (Normalized)
31.5022.1133.46
Price/Book Value
5.217.253.99
Price/Sales
7.452.862.77
Price/Cash Flow
23.5720.7924.21
Price/Earnings
1590
ABBN
6506

Financial Strength

Metric
1590
ABBN
6506
Quick Ratio
1.350.801.06
Current Ratio
1.811.182.24
Interest Coverage
47.8917.7719.84
Quick Ratio
1590
ABBN
6506

Profitability

Metric
1590
ABBN
6506
Return on Assets (Normalized)
12.52%9.21%7.52%
Return on Equity (Normalized)
17.68%28.61%14.15%
Return on Invested Capital (Normalized)
13.95%16.80%11.11%
Return on Assets
1590
ABBN
6506
See how this stock stacks up to its competitors with Morningstar Investor

Specialty Industrial Machinery Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
SIEGY
Siemens AG ADRDpxdktcrKpc$147.9 Bil
ETN
Eaton Corp PLCPhdjrzckyVjxtvh$123.5 Bil
ITW
Illinois Tool Works IncJjdynnncSggkc$74.5 Bil
PH
Parker Hannifin CorpTzdjfhtxKhjsr$69.1 Bil
EMR
Emerson Electric CoVsjlswvbjKgcz$62.5 Bil
CMI
Cummins IncWkxlvbjqYpztkm$39.9 Bil
OTIS
Otis Worldwide Corp Ordinary SharesHvqqgxpQqwc$38.6 Bil
IR
Ingersoll Rand IncRxxprkjhnWszqdc$35.9 Bil
ROK
Rockwell Automation IncFbfstvgXdbrf$31.3 Bil
XYL
Xylem IncBpxyzytVyndhg$30.8 Bil

Sponsor Center