Obermatt

Cheng Shin Rubber Industries

TAI:2105 · TW0002105004
Auto ComponentsMedium

360

51
EV / EBIT26
Price / Owner Earnings60
Owner Earnings Yield85
Dividend Yield85
Price/Sales38
EV / Gross Profit41
Price/Book43
Return on Capital24
Cash Return on Capital90
Return on Equity29
EBIT Margin60
Gross Profitability32
Cash Conversion78
Accruals49
Owner Earnings Margin89
Sales growth10
Profit Growth72
Long-Term EPS Growth12
Owner Earnings Growth25
Reinvestment37
Price momentum13
Debt load60
Refinancing21
Debt Payback100
Liquidity65
Analyst ratings1
Opinion Changes2
Price Target Upside1
Market mood68
Value Creation8/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Cheng Shin Rubber Industries clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Profile

CountryTaiwan
IndustryAuto Components
SizeMedium
TypePublic Company
ExchangeTWSE
Founded1967
Employees42
Websitecst.com.tw
ISINTW0002105004
Last UpdateApr 2, 2026

Description

Analysis

Middle-of-the-road

Cheng Shin Rubber Ind. Co., Ltd. sits in the middle of our grid: average quality, average price, no obvious signal in either direction.

On valuation, the picture is attractive. The owner-earnings multiple stands at 10.5×; owner earnings: the cash an owner could take out each year.

Growth is tepid; the safety picture is adequate. The company scores 8/20 on our value-creation score: creating some value.

No flags apply to this company at this time: accounts, balance sheet, and cash quality all pass. A clean bill of health is meaningful, not just the absence of a warning. This analysis describes numbers; it is not investment advice.

360° rank · history

1007550250
19
2023202420252026

All-time high

60

Oct 2023

All-time low

9

Jan 2023

Average rank

33

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
38
13
23
29
Price/Earnings
29
14
19
23
Price/Book
43
16
24
43
Dividend Yield
85
98
94
98
Value (overall)
39
33
27
29

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →