SensorsIndustrial AutomationDetectors, Sensors and MemsDefenseTech
Description
Elite Material Co., Ltd. operates within the electronic materials sector, focused on the design, development, manufacturing, and sale of printed circuit boards (PCBs), specialty chemicals, and electronic components.
Business Segments
The company is…
Analysis
Hope premium
Elite Material Co., Ltd. is priced well ahead of what the underlying numbers justify, a pattern we describe as a hope premium. Worth noting: the cash the business generates has lagged behind what the income statement shows.
On valuation, the picture is expensive. The owner-earnings multiple stands at 288.5×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around 43% a year, against analyst forecasts of 77%. The price, in other words, assumes less than the experts do.
Growth is solid; the safety picture is adequate. The company scores 20/20 on our value-creation score: strong value creator.
Flags to be aware of: Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.
360° rank · history
1007550250
Jan 202399
82
2023202420252026
All-time high
99
Jan 2023
All-time low
72
Oct 2023
Average rank
80
across all years
Detailed & Historical Ranks
Deep dive into 15 detailed ranks and 3 years of history.
Current202520242023
Price/Sales
4
8
22
27
Price/Earnings
4
32
49
40
Price/Book
4
1
3
14
Dividend Yield
55
63
70
57
Value (overall)
5
21
25
13
Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.