2383:TWSEElite Material Co., Ltd. Analysis
Data as of 2026-09-16 - not real-time
NT$5,085.00
Latest Price
8/10Risk
Risk Level: High
Executive Summary
Elite Material Co., Ltd. is priced at TWD 5,085.00 and its moving averages line up in bullish order, the shorter sitting above the longer. Over a rolling month the price has lost 3.1%. RSI sits at 41.1, which reads as neutral, and MACD momentum is bearish. Watch TWD 5,030.00 as support and TWD 6,200.00 as the nearer resistance level.
Valuation screens as overvalued: a P/E of 80.7 sits above the sector average of 32.4. Analyst price targets sit 48.9% above the current price. Revenue is growing at 110.0% on a 17.6% profit margin. The 0.49% dividend yield looks covered by current payout levels.
Risk comes out at 8 of a possible 10, a high reading. With 30-day volatility of 54.6%, a beta of 1.40 and a maximum drawdown of 32.6%, position sizing matters more than entry timing here. The wider market backdrop reads extreme greed at 90 on the fear-greed composite.
The horizons line up on hold — conviction 1 out of 10.
Valuation screens as overvalued: a P/E of 80.7 sits above the sector average of 32.4. Analyst price targets sit 48.9% above the current price. Revenue is growing at 110.0% on a 17.6% profit margin. The 0.49% dividend yield looks covered by current payout levels.
Risk comes out at 8 of a possible 10, a high reading. With 30-day volatility of 54.6%, a beta of 1.40 and a maximum drawdown of 32.6%, position sizing matters more than entry timing here. The wider market backdrop reads extreme greed at 90 on the fear-greed composite.
The horizons line up on hold — conviction 1 out of 10.
Top Market Events
Elite Material copper-clad laminate maker has doubled its revenue year-over-year in Q2 2026 and claimed the world No.
Market Outlook
Short Term
< 1 yearNeutral
Model confidence: 2/10
Key Factors
- Short-term moving averages stacked above long-term ones
- Trading above the 200-day average of 3696.75
- MACD momentum is negative
Medium Term
1–3 yearsNeutral
Model confidence: 1/10
Key Factors
- Short-term moving averages stacked above long-term ones
- P/E of 80.7 versus sector average of 32.4
- Trading above the 200-day average of 3696.75
Long Term
> 3 yearsNeutral
Model confidence: 1/10
Key Factors
- P/E of 80.7 versus sector average of 32.4
- Analyst targets imply +48.9% versus the current price
- Profit margin of 17.6% is healthy
Key Metrics & Analysis
Financial Health
Revenue Growth110.00%
Profit Margin17.57%
P/E Ratio80.7
ROE48.38%
ROA15.12%
Debt/Equity48.86
P/B Ratio31.2
Op. Cash FlowNT$13.7B
Free Cash FlowNT$-6054299136
Industry P/E32.4
Technical Analysis
TrendBullish
RSI41.1
SupportNT$5,030.00
ResistanceNT$6,200.00
MA 20NT$5,467.25
MA 50NT$5,278.70
MA 200NT$3,696.75
MACDBearish
VolumeDecreasing
Fear & Greed Index90.04
Valuation
Fair ValueNT$879.10
Target PriceNT$7,569.71
Upside/Downside48.86%
GradeOvervalued
TypeGrowth
Dividend Yield0.49%
Risk Assessment
Beta1.40
Volatility54.63%
Sector RiskHigh
Reg. RiskMedium
Geo RiskMedium
Currency RiskHigh
Liquidity RiskLow
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This analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.