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2020.TW TWSE Iron & Steel

Mayer Steel Pipe Corp

$21,55
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Mcap
P/E
EV / Rev
Div yield
8,13 %
Op margin
8,0 %
ROE
12,7 %
Net margin
12,0 %
Debt / equity
0,84
Beta
52w range
Volume
Day range
Prev close
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Next earnings
Ex-dividend
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About

Mayer Steel Pipe Corp is a manufacturer and distributor of steel pipes and related products, primarily serving the construction and infrastructure sectors.

Business. Mayer Steel Pipe Corp (2020.TW) is a basic materials company operating in the iron and steel industry. The firm is headquartered in Taiwan and is primarily listed on the Taiwan Stock Exchange. Specific details regarding its operating segments and geographic revenue mix are not available.

Classification92 %
SectorBasic Materials
Business sectorMineral Resources
IndustryIron & Steel
ActivityMining
Generated · model-assisted
Sell-side consensus
consensus pending
— buy— hold— sell
Avg 12m price target
Upcoming events
— missing data
See all catalysts →

At a glance

Score
not yet scored
Valuation
valuation pending
Analysts
not yet wired
Ownership
not yet wired
Profitability
12,7 %
return on equity
Quality
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning 2020.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials · THIS SECTOR+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to 2020.TW. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    Mayer Steel Pipe Corp (2020.TW) is a basic materials company operating in the iron and steel industry. The firm is headquartered in Taiwan and is primarily listed on the Taiwan Stock Exchange. Specific details regarding its operating segments and geographic revenue mix are not available.

    Classification92 %
    SectorBasic Materials
    Business sectorMineral Resources
    IndustryIron & Steel
    ActivityMining
    AI synthesis
    GENERATED

    Mayer Steel Pipe Corp maintains a debt-to-equity ratio of 0.84, indicating a relatively balanced capital structure with moderate leverage. The company's liquidity position is assessed as medium, with a current ratio of 1.57, suggesting it can cover short-term obligations but with limited excess capacity. However, the company's operating cash flow is negative at -304.824 million TWD, and free cash flow is minimal at 379,000 TWD, signaling potential liquidity constraints.

    Profitability metrics show a return on equity (ROE) of 12.7% and a return on assets (ROA) of 6.25%, both above the industry median for Iron & Steel firms. This suggests Mayer Steel Pipe Corp is generating strong returns relative to its peers. The company's operating income of 379.864 million TWD and net income of 568.346 million TWD reflect solid operational performance.

    The company's revenue is concentrated in a single business segment, with no disclosed geographic diversification. This lack of diversification increases exposure to regional economic fluctuations and sector-specific risks. The absence of segment or geographic breakdown in the financial data limits the ability to assess risk distribution.

    Looking ahead, Mayer Steel Pipe Corp is projected to maintain a stable revenue trajectory, with no significant growth or decline expected in the next fiscal year. The company's capital expenditure of -128.369 million TWD indicates ongoing investment in operations, though the negative value suggests a reduction in spending. The company's free cash flow remains constrained, which may limit its ability to fund future growth initiatives.

    The company's risk profile is characterized by medium liquidity risk and low dilution potential. The negative net cash position after subtracting total debt raises concerns about short-term liquidity. However, the absence of significant dilution sources and a stable share count suggest that equity dilution is not a near-term concern.

    Recent financial filings and transcripts do not indicate any material events or strategic shifts. The company's financial performance appears to be in line with historical trends, with no major disruptions reported in the latest disclosures.

    Key takeaways
    • Mayer Steel Pipe Corp maintains a balanced capital structure with a debt-to-equity ratio of 0.84.
    • The company's ROE of 12.7% and ROA of 6.25% indicate strong profitability relative to industry peers.
    • Revenue concentration in a single segment and lack of geographic diversification increase operational risk.
    • Free cash flow is minimal, and operating cash flow is negative, signaling potential liquidity constraints.
    • The company's risk profile is characterized by medium liquidity risk and low dilution potential.
    • No material events or strategic shifts have been reported in recent filings.

    Bull / Bear case

    Generated · model-assisted
    — missing data

    In focus — financials by report

    Valuation

    Market price
    $21,55
    Market cap
    Enterprise value
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    P / B
    P / Tangible book
    Tangible book
    $4.48B
    Net cash
    -$3.75B
    Current ratio
    1.6
    Debt / equity
    0.8
    ROA
    6.2%
    ROE
    12.7%
    Cash conversion
    -54.0%
    CapEx / revenue
    -2.7%
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskMedium
    Filing-based flags
    • Net cash is negative after subtracting total debt.

    Benchmarks vs cohort

    Op Margin8,0 %Above median
    Net Margin12,0 %Best in class
    ROE12,7 %Best in class
    Capex / Rev-2,7 %Above median
    D/E0,84Bottom quartile
    Cash Conv-0,54Below median

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    • Capex To Revenue
      capital_expenditure / revenue
    • Return On Equity
      net_income / total_equity
    • Debt To Equity
      (short_term_debt + long_term_debt) / total_equity
    • Cash Conversion Ratio
      operating_cash_flow / net_income
    Source documents
    • Mayer Steel Pipe Corp Market data — financials · 2026-05-26

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    2020.TWCanonical
    TWSE · USD

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    — missing data
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage