Taiwan Glass Ind. Corp.

$ 71.30 2.89 %

Taiwan Glass Ind. Corp. specializes in the manufacturing, processing, and distribution of a comprehensive range of glass products. Its offerings include various forms of flat glass, such as standard float glass, processed glass, automotive glass, ultra-thin glass, and specialized photoelectric glass used for solar panel covers. The company also produces fiberglass materials, encompassing both glass fiber and glass fabrics. Furthermore, Taiwan Glass supplies a wide array of glass containers, suitable for everything from alcoholic beverages, soft drinks, and dairy products to food jars, spices, oils, and even pharmaceutical packaging, including distinctive cobalt blue options. Its consumer product line extends to tableware, featuring items like bowls, plates, drinking glasses, wine glasses, mugs, and various storage solutions, as well as kitchenware such as teapots, pitchers, and glass covers. These diverse glass products serve numerous industries and applications. Flat glass is essential for building construction, furniture, home decoration, mirrors, automotive parts, boats, photovoltaic covers, touchscreens, and decorative items. Fiberglass fabric plays a crucial role in electronic and information products, while reinforced fiberglass is utilized in yachts, building materials, industrial applications, engineering projects, and sports equipment. Glass containers are fundamental for packaging food, beverages, spirits, and medical products. Ultra-thin glass materials are specifically developed for the electronics industry, and protective glass/tape is used for tablet surfaces. In addition to its manufacturing activities, the company operates retail outlets under the TG brand. Established in 1964, Taiwan Glass Ind. Corp. is headquartered in Taipei, Taiwan.

CEO: Por-Shih Lin - https://www.taiwanglass.com

Price objectif

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Recommandation

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DCF

$ 5.73

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1802.TW vs S&P500

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Quick ratio

0.97

indicates that the company may have difficulty covering its short-term debts with its readily available assets.

P/E ratio

-356.50

may indicate that the company is undervalued or has poor growth prospects.

EPS

-0.20

is the net profit of a company divided by the number of outstanding shares, indicating the profit earned per share.

ROE

0.81 %

indicates low profitability, suggesting that the company is not using equity efficiently to generate profits.

ROIC

0.73 %

does not generate enough return to cover its financing costs, which indicates value destruction and may pose long-term profitability issues.

WACC

8.65

is a company's average cost of capital, weighted by the proportion of debt and equity in its financing. It represents the minimum return the company must generate to satisfy its investors.

Debt-to-Equity Ratio

0.50

indicates that the company uses more equity than debt, suggesting prudent management.

Free cash flow per share

-0.62

is a measure of a company's financial flexibility that is determined by dividing free cash flow by the total number of shares outstanding.

Dividend payout ratio

0.07 %

indicates that the company is retaining a large portion of its profits to reinvest in growth

Earnings per share

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Financials

Piotroski score
7 indicates good financial health
Altman score
4.00 indicates good financial health and low risk of bankruptcy
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Cash / Debt

Cash Ratio
0.31 indicates liquidity risk, as the company may not have enough cash to meet its immediate obligations
Debt Ratio
0.27 indicates that the company uses little debt to finance its assets, suggesting good financial stability
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Free Cash Flow

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Earnings Per Share (annual)

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Sales

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