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Nankang Rubber Tire Corp Ltd
TWSE:2101

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Nankang Rubber Tire Corp Ltd
TWSE:2101
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Price: 59.8 TWD -1.81% Market Closed
Updated: May 7, 2024

Intrinsic Value

Nankang Rubber Tire Corp., Ltd. engages in the production, sale, research, and development of tires. [ Read More ]

The intrinsic value of one Nankang Rubber Tire Corp Ltd stock under the Base Case scenario is 11.71 TWD. Compared to the current market price of 59.8 TWD, Nankang Rubber Tire Corp Ltd is Overvalued by 80%.

Key Points:
Intrinsic Value
Base Case
11.71 TWD
Overvaluation 80%
Intrinsic Value
Price
N
Worst Case
Base Case
Best Case

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Nankang Rubber Tire Corp Ltd

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Fundamental Analysis

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Nankang Rubber Tire Corp Ltd

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Financials

Balance Sheet Decomposition
Nankang Rubber Tire Corp Ltd

Current Assets 29.5B
Cash & Short-Term Investments 3.1B
Receivables 1.5B
Other Current Assets 24.9B
Non-Current Assets 12.1B
Long-Term Investments 4.3B
PP&E 7.6B
Intangibles 1.9m
Other Non-Current Assets 197.7m
Current Liabilities 18.4B
Accounts Payable 344.3m
Accrued Liabilities 450.5m
Short-Term Debt 7.8B
Other Current Liabilities 9.8B
Non-Current Liabilities 12.8B
Long-Term Debt 12B
Other Non-Current Liabilities 824m
Efficiency

Earnings Waterfall
Nankang Rubber Tire Corp Ltd

Revenue
7.9B TWD
Cost of Revenue
-6.3B TWD
Gross Profit
1.6B TWD
Operating Expenses
-1.1B TWD
Operating Income
442m TWD
Other Expenses
-307.9m TWD
Net Income
134m TWD

Free Cash Flow Analysis
Nankang Rubber Tire Corp Ltd

Last Value
3-Years Average
FCF Margin
Conversion Rate
History
Components
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Table
Fundamental Scores

Profitability Score
Profitability Due Diligence

Nankang Rubber Tire Corp Ltd's profitability score is 33/100. The higher the profitability score, the more profitable the company is.

Positive Gross Profit
Positive 1-Year Revenue Growth
Declining ROIC
Low ROE
33/100
Profitability
Score

Nankang Rubber Tire Corp Ltd's profitability score is 33/100. The higher the profitability score, the more profitable the company is.

Solvency Score
Solvency Due Diligence

Nankang Rubber Tire Corp Ltd's solvency score is 31/100. The higher the solvency score, the more solvent the company is.

Short-Term Solvency
Long-Term Solvency
Average D/E
Low Altman Z-Score
31/100
Solvency
Score

Nankang Rubber Tire Corp Ltd's solvency score is 31/100. The higher the solvency score, the more solvent the company is.

Wall St
Price Targets

Price Targets Summary
Nankang Rubber Tire Corp Ltd

Wall Street analysts forecast Nankang Rubber Tire Corp Ltd stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for Nankang Rubber Tire Corp Ltd is 60 TWD .

Lowest
Price Target
Not Available
Average
Price Target
60 TWD
0% Upside
Highest
Price Target
Not Available
View Analyst Estimates
View Analyst Estimates

Competitive Landscape

Shareholder Return

Price
Nankang Rubber Tire Corp Ltd

1M 1M
+47%
6M 6M
+61%
1Y 1Y
+53%
3Y 3Y
+50%
5Y 5Y
+84%
10Y 10Y
+88%
Annual Price Range
59.8
52w Low
36.55
52w High
60.9
Price Metrics
Average Annual Return 3%
Standard Deviation of Annual Returns 27.68%
Max Drawdown -5%
Shares Statistics
Market Capitalization 49.9B TWD
Shares Outstanding 833 934 900
Percentage of Shares Shorted
N/A

Return Decomposition
Main factors of price return

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Company Profile

Nankang Rubber Tire Corp Ltd

Country

Taiwan

Industry

Auto Components

Market Cap

49.9B TWD

Dividend Yield

0%

Description

Nankang Rubber Tire Corp., Ltd. engages in the production, sale, research, and development of tires. The company is headquartered in Taipei City, Taipei. The products of the Company include automotive tires, motorcycle tires and truck tires. Its automotive tires include snowfield-use vehicle tires, sedan tires, half hot melting tires and recreational vehicle (RV) tires, among others. Its motorcycle tires include heavy motorcycle tires and general motorcycle tires. The firm operates businesses in Taiwan market, America market, Europe market and Asia market, among others.

Contact

TAIPEI
Taipei City
Suite 608, 6F, No.136, Section 3, Jen Ai Road, Da'an District
+886227071000
https://nankang-tyre.com/

IPO

1963-11-01

Employees

-

Officers

External Manager
Minghong Zhuang
External Coordinator
Jianzhong Hong
Head of Finance & Accounting Department
Ms. Mei-Hang Guo
Head of Corporate Governance
Ms. Xiao-Ling Huang
Company Secretary
Hsiao-Ling Huang

See Also

Discover More
What is the Intrinsic Value of one Nankang Rubber Tire Corp Ltd stock?

The intrinsic value of one Nankang Rubber Tire Corp Ltd stock under the Base Case scenario is 11.71 TWD.

Is Nankang Rubber Tire Corp Ltd stock undervalued or overvalued?

Compared to the current market price of 59.8 TWD, Nankang Rubber Tire Corp Ltd is Overvalued by 80%.