Added to YB: 2024-03-20
Pitch date: 2024-03-17
1070.HK [bullish]
TCL Electronics Holdings Limited
+493.06%
current return
Author Info
Pyramids and Pagodas covers companies across emerging markets (mainly Asia/Middle East). Sign up for their newsletter.
Company Info
TCL Electronics Holdings Limited, an investment holding company, operates as a consumer electronics company in Mainland China, Europe, Latin America, North America, and internationally.
Market Cap
HKD 44.7B
Pitch Price
HKD 2.78
Price Target
4.26 (-74%)
Dividend
2.81%
EV/EBITDA
7.48
P/E
15.37
EV/Sales
0.30
Sector
Household Durables
Category
value
TCL Electronics (1070.HK) – a rising star in the TV business
1070.HK TCL Electronics: Global #2 TV brand targeting 3.71-4.26 HKD. Vertically integrated, strong in emerging markets & premium large screens. Diversifying with smart home, solar, streaming biz (30-40% profits). 15-42% discount to peers. FY23 results 3/28, 4-5% div yield expected.
Read full article (7 min)