Risk factor
Strong & resilient to price shocks
Profitability factor
Greatly undervalued vs peers
About
Xinxing Ductile Iron Pipes Co., Ltd., together with its subsidiaries, provides cast iron pipes and steel in China and internationally. The company offers hot-rolled ribbed steel bars, cold-heading steel, gear steel, tool and die steel, and axle steel; ductile iron pipe fittings for various interface types and pressure ratings; and steel-plastic composite pipes, special steel pipes, stainless steel pipes, and fittings. It also provides seamless steel pipe products, such as bimetallic composite pipes and high-alloy steel pipes, as well as special profiles; railings, ladder beams, and light steel structural components; steel gratings; energy storage products; urban water and environmental protection solutions; logistics services; environmental testing; automotive parts and accessories; enterprise management consulting; and technical services. In addition, the company is involved in the casting business; power generation; commercial factoring; mining investment; wholesale of other machinery and electronic products; and real estate business. Xinxing Ductile Iron Pipes Co., Ltd. was founded in 1997 and is based in Wuan, China.
Company Valuation
Considering past and projected metrics, the stock is 'cheaper' than its peers. Specifically, the stock is fairly valued on P/E, undervalued on EV/EBITDA, underpriced on P
Target Price
The average target price of 000778.SZ is 4.14 and suggests 14.7% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommen