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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.

Market Outlook

Short Term

< 1 year
Neutral
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 years
Positive
Model confidence: 6/10

Key Factors

  • solid operating margins and ROE
  • valuation near industry average PE
  • defensive waste‑management sector

Long Term

> 3 years
Cautious
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

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.