Ratings Primax Electronics Ltd.

Equities

4915

TW0004915004

End-of-day quote Taiwan S.E. Other stock markets 03:30:00 29/04/2024 am IST			5-day change	1st Jan Change
89.1 ^TWD	+1.95%		+4.33%	+31.61%

03/04	Primax Electronics Ltd. Unveils Comprehensive Range of Next-Gen Surveillance and Advanced Door Locks	CI
26/02	Primax Electronics Ltd. Proposes Cash Dividend for the Year 2023	CI

Summary

The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.
The company presents an interesting fundamental situation from a short-term investment perspective.

Strengths

The company is in a robust financial situation considering its net cash and margin position.
The stock, which is currently worth 2024 to 0.51 times its sales, is clearly overvalued in comparison with peers.
Over the past four months, analysts' average price target has been revised upwards significantly.
Analyst opinion has improved significantly over the past four months.
Analysts' price targets are all relatively close, reflecting good visibility on the company's valuation.

Weaknesses

As a percentage of sales and without taking into account depreciation and amortization, the company has relatively low margins.
The company sustains low margins.
For the last twelve months, the trend in sales revisions has been clearly going down, which emphasizes downgraded expectations from the analysts.
The sales outlook for the group was lowered in the last twelve months. This change in forecast points out a decline in activity as well as pessimistic analyses of the company.
The appreciation potential seems limited due to the average target prices set by the analysts covering the stock.
Over the past twelve months, analysts' consensus has been significantly revised downwards.
The company's earnings releases usually do not meet expectations.

Ratings chart - Surperformance

Chart ESG Refinitiv

Sector: Computer Hardware

	1st Jan change	Capi.	Investor Rating	ESG Refinitiv
PRIMAX ELECTRONICS LTD.	+31.61%	1.24B		B
CHICONY ELECTRONICS CO., LTD.	+18.57%	4.5B		B-
KNOWLES CORPORATION	-9.94%	1.44B		B+
SOCIÉTÉ INDUSTRIELLE ET FINANCIÈRE DE L'ARTOIS	-3.85%	1.42B	-	-
DIEBOLD NIXDORF, INCORPORATED	+12.69%	1.2B		B-
CHENBRO MICOM CO., LTD.	+6.63%	1.07B		-
NIDEC CHAUN-CHOUNG TECHNOLOGY CORPORATION	+96.67%	805M		-
EIZO CORPORATION	+1.01%	652M		-
SUZHOU LONGWAY ELETRONIC MACHINERY CO., LTD	+6.85%	650M	-	-
CHENMING ELECTRONIC TECH. CORP.	+52.88%	434M	-	-

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Environment

Emissions

Innovation

Use of resources

Governance

CSR Strategy

Management

Shareholders

Controversy

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes