6923:TSEStanley Electric Co., Ltd. Analysis
Data as of 2026-05-20 - not real-time
NT$77.60
Latest Price
6/10Risk
Risk Level: Medium
Executive Summary
CHUNGTAI RESOURCE Technology trades well below its long‑term moving average but also below its short‑term averages, indicating a bearish technical stance. The MACD histogram is negative and the RSI sits in the lower‑mid range, suggesting limited momentum in the near term.
Fundamentally the company posts solid operating margins and a respectable return on equity, yet revenue growth is modest and debt levels are high relative to equity. The dividend yield is attractive but the payout ratio exceeds earnings, raising questions about sustainability. High price volatility and decreasing volume point to elevated liquidity risk, while beta is near zero, implying low systematic market exposure. Given these mixed signals, a cautious, dividend‑focused stance may be appropriate while monitoring cash‑flow and regulatory developments.
Fundamentally the company posts solid operating margins and a respectable return on equity, yet revenue growth is modest and debt levels are high relative to equity. The dividend yield is attractive but the payout ratio exceeds earnings, raising questions about sustainability. High price volatility and decreasing volume point to elevated liquidity risk, while beta is near zero, implying low systematic market exposure. Given these mixed signals, a cautious, dividend‑focused stance may be appropriate while monitoring cash‑flow and regulatory developments.
Market Outlook
Short Term
< 1 yearNeutral
Model confidence: 5/10
Key Factors
- price below short‑term moving averages
- bearish MACD signal
- high dividend yield with unsustainable payout
Medium Term
1–3 yearsPositive
Model confidence: 6/10
Key Factors
- solid operating margins and ROE
- valuation near industry average PE
- defensive waste‑management sector
Long Term
> 3 yearsCautious
Model confidence: 4/10
Key Factors
- elevated debt-to-equity ratio
- high price volatility
- potential regulatory tightening in waste management
Key Metrics & Analysis
Financial Health
Revenue Growth4.20%
Profit Margin24.05%
P/E Ratio25.6
ROE10.18%
ROA4.92%
Debt/Equity42.79
P/B Ratio2.6
Op. Cash FlowNT$454.2M
Free Cash FlowNT$97.9M
Industry P/E29.5
Technical Analysis
TrendNeutral
RSI38.3
SupportNT$75.60
ResistanceNT$88.50
MA 20NT$82.54
MA 50NT$81.20
MA 200NT$95.81
MACDBearish
VolumeDecreasing
Fear & Greed Index90.13
Valuation
Fair ValueNT$6.09
GradeFair
TypeValue
Dividend Yield5.20%
Risk Assessment
Beta0.03
Volatility37.69%
Sector RiskMedium
Reg. RiskMedium
Geo RiskMedium
Currency RiskLow
Liquidity RiskHigh
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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.