Giant Manufacturing is a leading bicycle manufacturer based in Taiwan with 9 factories worldwide and 4 own brands. I personally own a Giant Talon. So I might be biased.
The company reported sales of TWD 92 billion and net income of TWD 5.8 billion for 2022, with an EPS of TWD 15.51 and a dividend of TWD 4.72 per share.
The company has a market cap of TWD 72.5 billion, a P/E ratio of 15 times, a dividend yield of 2.55% and a growth rate of 11%. The company could be a value play because it has a low P/E ratio compared to its growth rate and industry average, a stable dividend policy and a strong brand reputation. I think 8-15x PE would be a good pick
The company faces some risks such as:
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Competition from other bicycle brands and alternative modes of transportation,
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Fluctuation in raw material costs and exchange rates,
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Environmental and social regulations and consumer preferences.
Overall, I believe Giant Manufacturing is a good value pick for investors looking for a company with a strong track record of growth, a stable dividend policy and a low valuation.
Disclaimer: This is not financial advice. Please do your own research before investing in any company.
Submitted May 13, 2023 at 03:05AM by Mobile-Yak-6412 https://ift.tt/kj0Ju9z
