Obermatt

Kenda Rubber Industrial

TAI:2106 · TW0002106002
Auto ComponentsSmall

360

20
Profit price11
Owner Earnings Yield47
Dividend Yield1
Price/Sales44
EV / Gross Profit31
Price/Book39
Return on Capital15
Cash Return on Capital49
Return on Equity23
EBIT Margin16
Gross Profitability37
Cash Conversion95
Accruals61
Owner Earnings Margin54
Sales growth13
Profit Growth89
Long-Term EPS Growth31
Owner Earnings Growth69
Reinvestment86
Price momentum15
Debt load19
Refinancing61
Debt Payback13
Liquidity17
Analyst ratings39
Opinion Changes50
Price Target Upside41
Market mood47
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

Kenda Rubber Industrial 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
SizeSmall
TypePublic Company
ExchangeTWSE
Founded1962
Employees165
ISINTW0002106002
Last UpdateApr 2, 2026
Index & Theme
Electric VehicleMicro-Mobility

Description

Analysis

Middle-of-the-road

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

On valuation, the picture is fair. The owner-earnings multiple stands at 23.4×; owner earnings: the cash an owner could take out each year.

Growth is moderate; the safety picture is stretched. 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
15
2023202420252026

All-time high

30

Jan 2025

All-time low

12

Jan 2024

Average rank

17

across all years

Detailed & Historical Ranks

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

Current202520242023
Price/Sales
44
41
46
52
Price/Earnings
1
16
13
31
Price/Book
39
27
33
45
Dividend Yield
1
100
83
55
Value (overall)
7
35
31
41

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

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The companies this stock is ranked against.

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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 →