FIT Hon Teng Limited

$ 7.64 -2.80 %

FIT Hon Teng Limited is an international company engaged in the conceptualization, production, and sale of advanced connectivity solutions and associated items. Its market reach extends across Taiwan, mainland China, the United States, Hong Kong, Malaysia, Singapore, and various other global regions. The company's operations are divided into two primary divisions: Intermediate Products and Consumer Products. Within the Intermediate Products segment, FIT Hon Teng supplies an extensive portfolio of cable components, including various input/output cable assemblies, wiring harnesses, and power cords. It also manufactures a wide selection of connector components such as backplane, high-speed, input/output, and power connectors, in addition to memory/edge cards, sockets, terminal blocks, and both wire-to-board and board-to-board connectors. Furthermore, this segment offers radio frequency antenna cable and module assemblies, along with wireless charging technologies and their constituent parts. Beyond its core interconnect business, the company is involved in the research, development, and manufacturing of batteries, the fabrication of metal processing machinery, and the distribution of smart home devices. Its Consumer Products offerings include accessories like headsets, speaker systems, and diverse power and cable accessories. FIT Hon Teng markets its products under well-known brands such as Belkin, Linksys, Wemo, and Phyn. It caters to a broad spectrum of industries, including communications infrastructure, computing and consumer electronics, mobile and wireless devices, the automotive sector, and industrial and medical applications. Established in 2013 and based in New Taipei City, Taiwan, the company was originally known as New Wing International Holdings Limited before officially rebranding as FIT Hon Teng Limited in June of that year. It operates as a subsidiary of Foxconn (Far East) Limited.

CEO: Sung-Ching Lu - https://www.fit-foxconn.com

Price objectif

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Recommandation

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DCF

$ 0.45

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6088.HK vs S&P500

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Quick ratio

0.96

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

P/E ratio

44.94

is considered reasonable, suggesting that the company has a valuation in line with its current profits.

EPS

0.17

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

ROE

5.98 %

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

ROIC

4.09 %

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

WACC

9.70

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

0.70

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

Free cash flow per share

-0.21

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

0.00 %

the dividend payout ratio is the measure of dividends paid out to shareholders relative to the company's net income.

Earnings per share

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Financials

Piotroski score
5 indicates moderate financial health
Altman score
3.87 indicates good financial health and low risk of bankruptcy
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Cash / Debt

Cash Ratio
0.42 indicates liquidity risk, as the company may not have enough cash to meet its immediate obligations
Debt Ratio
0.32 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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