Sinkang Industries Co (TPE:2032) 3-1 Month Momentum %: -4.78% (As of Sep. 09, 2026)

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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TPE:2032 Sinkang Industries Co Ltd TPE:2032
72 GF Score
Price NT$17.00
GF Value NT$16.91
Valuation Fairly Valued
! 8 Warning Signs
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What is Sinkang Industries Co 3-1 Month Momentum %?

Sinkang Industries Co TPE:2032 -0.29% 72 3-1 Month Momentum % is -4.78% as of Sep. 09, 2026. GuruFocus rates TPE:2032 with a GF Score™ of 72/100 and a GF Value™ of NT$16.91 (Fairly Valued). The stock has 8 warning signs investors should review. Among 635 Steel companies, Sinkang Industries Co ranks worse than 63.62% on this metric.

3-1 Month Momentum % is the total return of the stock from 3-month ago to 1-month ago. As of today (2026-09-09), Sinkang Industries Co's 3-1 Month Momentum % is -4.78%.

The industry rank for Sinkang Industries Co's 3-1 Month Momentum % or its related term are showing as below:

TPE:2032's 3-1 Month Momentum % is ranked worse than
63.62% of 635 companies
in the Steel industry
Industry Median: -1.85 vs TPE:2032: -4.78

Sinkang Industries Co  (TPE:2032) 3-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 3-1 Month Momentum % measures the total return to a stock over the past three months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.


Sinkang Industries Co 3-1 Month Momentum % Related Terms


TPE:2032 vs NUE, STLD, RS: 3-1 Month Momentum % Comparison

For the Steel subindustry, Sinkang Industries Co's 3-1 Month Momentum %, along with its competitors' market caps and 3-1 Month Momentum % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sinkang Industries Co 3-1 Month Momentum % vs Steel Industry

For the Steel industry and Basic Materials sector, Sinkang Industries Co's 3-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Sinkang Industries Co's 3-1 Month Momentum % falls into.


TPE:2032
72GF Score
Sinkang Industries Co Ltd TPE:2032
3-1 Month Momentum % is just one metric. See GF Score™, valuation, warning signs, and more.
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Sinkang Industries Co  (TPE:2032) 3-1 Month Momentum % Calculation

3-1 Month Momentum % is calculated as following:

3-1 Month Momentum %=( Price 1-month ago / Price 3-month ago - 1 ) * 100 %

* 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.

Frequently Asked Questions Learn more about 3-1 Month Momentum % →
What does a 3-1 Month Momentum % of -4.78% mean?
Sinkang Industries Co (TPE:2032) has a 3-1 Month Momentum % of -4.78% as of Sep. 09, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Sinkang Industries Co and its competitors. According to the industry distribution chart, Sinkang Industries Co ranks #404 out of 635 companies in the Steel industry, placing it in the top 63.6%.
Is Sinkang Industries Co's 3-1 Month Momentum % too high?
Sinkang Industries Co's current 3-1 Month Momentum % is -4.78%. Based on the distribution chart, Sinkang Industries Co ranks #404 out of 635 companies in the Steel industry, which is below the industry midpoint. Overall, Sinkang Industries Co has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sinkang Industries Co's 3-1 Month Momentum % compare to NUE and STLD?
According to the Steel industry distribution chart, Sinkang Industries Co ranks #404 out of 635 companies for 3-1 Month Momentum %. This places Sinkang Industries Co in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-1 Month Momentum % for a Steel company?
A good 3-1 Month Momentum % depends on the Steel industry context. However, 3-1 Month Momentum % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-1 Month Momentum % mean?
A high 3-1 Month Momentum % can signal that a stock is expensive relative to its fundamentals. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Sinkang Industries Co and its competitors. Sinkang Industries Co's current 3-1 Month Momentum % is -4.78%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sinkang Industries Co stock overvalued right now?
Based on GuruFocus' analysis, Sinkang Industries Co (TPE:2032) is currently considered Fairly Valued. The stock's GF Value™ is NT$16.91, compared to a current price of NT$17.00 — trading 0.5% above its estimated fair value. The current 3-1 Month Momentum % is -4.78%. Sinkang Industries Co's overall GF Score™ is 72/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-1 Month Momentum % calculated?
3-1 Month Momentum % is calculated from a company's financial statements. For Sinkang Industries Co (TPE:2032), the current 3-1 Month Momentum % is -4.78% as of Sep. 09, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Sinkang Industries Co (TPE:2032) Overvalued in 2026?

Based on GuruFocus' analysis, Sinkang Industries Co stock appears to be overvalued. The current stock price of NT$17.00 is trading 0.5% above its estimated GF Value™ of NT$16.91. GuruFocus considers Sinkang Industries Co to be Fairly Valued.

Key valuation signals for TPE:2032:

  • 3-1 Month Momentum %: -4.78%
  • GF Value™: NT$16.91 vs. price of NT$17.00 (0.5% above fair value)
  • GF Score™: 72/100 with 8 warning signs

No single metric tells the full story. See the TPE:2032 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sinkang Industries Co Business Description

Address No. 8 Da\'an Road, Xinzhuang District, New Taipei City, Taipei, TWN, 242065
Sinkang Industries Co Ltd is engaged in cutting and processing surface treatments for stainless steel. Its business activities include Steel secondary processing, Scrap iron and steel metal processing, Metal structure and architectural components manufacturing, Metal wire products manufacturing, Other fabricated metal products manufacturing, Surface treatments, and Mechanical equipment manufacturing.
72GF Score

Get the complete analysis for TPE:2032

3-1 Month Momentum % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$17.00
Price
NT$16.91
GF Value