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Kenda Rubber Industrial Co (TPE:2106) GF Value : NT$29.31 (As of Jun. 23, 2024)


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What is Kenda Rubber Industrial Co GF Value?

The GF Value represents the current intrinsic value of a stock derived from our exclusive method. The GF Value Line on our summary page gives an overview of the fair value that the stock should be traded at. It is calculated based on three factors:

  1. Historical multiples (PE Ratio, PS Ratio, PB Ratio and Price-to-Free-Cash-Flow) that the stock has traded at.
  2. GuruFocus adjustment factor based on the company’s past returns and growth.
  3. Future estimates of the business performance.

We believe the GF Value Line is the fair value that the stock should be traded at. The stock price will most likely fluctuate around the GF Value Line. If the stock price is significantly above the GF Value Line, it is overvalued and its future return is likely to be poor. On the other hand, if it is significantly below the GF Value Line, its future return will likely be higher.

Please note, "Possible Value Trap, Think Twice" is for the companies that look very undervalued, but either in the long term trend of business decline, or in financial distress.

As of today (2024-06-23), Kenda Rubber Industrial Co's share price is NT$33.95. Kenda Rubber Industrial Co's GF Value is NT$29.31. Therefore, Kenda Rubber Industrial Co's Price-to-GF-Value for today is 1.16.

Based on the relationship between the current stock price and the GF Value, GuruFocus believes Kenda Rubber Industrial Co is Modestly Overvalued.


Kenda Rubber Industrial Co  (TPE:2106) GF Value Explanation

Based on the relationship between the current stock price and the GF Value, GuruFocus provides the following 6 evaluations:

Posssible Evaluations All-in-One Screener Examples (2)
Possible Value Trap, Think Twice (1)Predictable Companies that possibly be Value Traps
Significantly OvervaluedPredictable Companies which are Significantly Overvalued
Modestly OvervaluedPredictable Companies which are Modestly Overvalued
Fairly ValuedPredictable High Quality Companies which are Fairly Valued
Modestly Undervalued (3)Predictable High Quality Companies which are Modestly Undervalued
Significantly Undervalued (3)Predictable High Quality Companies which are Significantly Undervalued

(1) "Possible Value Trap, Think Twice" is for the companies that look very undervalued, but either in the long term trend of business decline, or in financial distress.

(2) These are some simple examples. You can access our GF Valuation filter under All-in-One Screener’s Fundamental tab, and Price-to-GF-Value filter under Valuation Ratio tab and set your own criteria.

(3) There is only a sufficient margin of safety when the stock is undervalued.

Kenda Rubber Industrial Co's Price-to-GF-Value for today is calculated as

Price-to-GF-Value=Share Price/GF Value
=33.95/29.31
=1.16

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Kenda Rubber Industrial Co GF Value Related Terms

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Kenda Rubber Industrial Co (TPE:2106) Business Description

Traded in Other Exchanges
N/A
Address
Zhongshan Road, No. 146, Section 1, Changhua County, Yuanlin, TWN
Kenda Rubber Industrial Co Ltd. manufactures and sells tires under a host of different brands. Its product portfolio includes options for automobiles, bicycles, powersport vehicles, specialty vehicles, and wheelchairs. Based out of Asia, the company reaches a host of international clients through facilities located in Europe, North America, and several Asian countries. Tires are built to meet a range of specifications, such as fuel economy and performance. Kenda's tire options are also built to pass a multitude of international regulations and environmental conditions.

Kenda Rubber Industrial Co (TPE:2106) Headlines

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