9945:TWSERuentex Development Co., Ltd. Analysis
Data as of 2026-06-14 - not real-time
NT$26.80
Latest Price
6/10Risk
Risk Level: Medium
Executive Summary
Ruentex Development (9945.TW) is trading at TWD 26.8, just below the technical resistance of 27.15 and comfortably above the 20‑day SMA (24.27). The RSI sits at 72, indicating overbought conditions, while the MACD remains bullish (line above signal, positive histogram) and volume is increasing, yet the broader trend is flagged as bearish because the price is still under the 200‑day SMA (28.10).
Valuation appears compelling: a PE of 6.8 versus the industry average of 30.6, a PB of 0.67 and a DCF‑derived fair value of about 30.8 suggest roughly 15% upside. The dividend yield of 4.1% comes with a modest payout ratio of 28%, supported by strong operating cash flow, though free cash flow is negative and debt is high (≈ 64 B TWD).
Valuation appears compelling: a PE of 6.8 versus the industry average of 30.6, a PB of 0.67 and a DCF‑derived fair value of about 30.8 suggest roughly 15% upside. The dividend yield of 4.1% comes with a modest payout ratio of 28%, supported by strong operating cash flow, though free cash flow is negative and debt is high (≈ 64 B TWD).
Market Outlook
Short Term
< 1 yearNeutral
Model confidence: 5/10
Key Factors
- RSI in overbought territory
- Price near technical resistance
- Bearish longer‑term trend despite bullish MACD
Medium Term
1–3 yearsPositive
Model confidence: 7/10
Key Factors
- Significant valuation gap (PE 6.8 vs industry 30.6)
- Attractive dividend yield with low payout ratio
- DCF fair value indicating upside
Long Term
> 3 yearsPositive
Model confidence: 8/10
Key Factors
- Sustainable dividend and solid ROE (~15%)
- Low beta (0.38) reducing market volatility exposure
- Undervalued price relative to fundamentals and growth prospects
Key Metrics & Analysis
Financial Health
Revenue Growth25.50%
Profit Margin36.41%
P/E Ratio6.8
ROE15.35%
ROA2.32%
Debt/Equity52.72
P/B Ratio0.7
Op. Cash FlowNT$5.8B
Free Cash FlowNT$-7804571648
Industry P/E30.6
Technical Analysis
TrendBearish
RSI72.3
SupportNT$22.90
ResistanceNT$27.15
MA 20NT$24.27
MA 50NT$24.31
MA 200NT$28.10
MACDBullish
VolumeIncreasing
Fear & Greed Index89.86
Valuation
Fair ValueNT$30.80
GradeUndervalued
TypeBlend
Dividend Yield4.10%
Risk Assessment
Beta0.38
Volatility26.33%
Sector RiskMedium
Reg. RiskMedium
Geo RiskMedium
Currency RiskLow
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.