Risk factor
High price volatility
Profitability factor
Very poor margins and returns
About
Miracle Automation Engineering Co. Ltd. offers intelligent industrial solutions and comprehensive services, operating both within China and globally. The company provides advanced equipment tailored for diverse sectors, including automotive manufacturing, intelligent warehousing, the recycling of end-of-life vehicles and lithium batteries, new energy projects, and heavy industry. Its extensive service portfolio covers consulting, design, manufacturing, installation, and smart maintenance for automated production systems and storage facilities across fields such as automotive, airport logistics, tire production, machine tool, power battery, and aviation manufacturing. Furthermore, Miracle Automation specializes in the dismantling and recycling of scrapped vehicles, the remanufacturing of core automotive parts, and the full lifecycle management of power batteries, encompassing their dismantling, step utilization, and element recovery. They also produce precision cast, machined, and integrated assembled parts for critical applications in industries like wind power, nuclear power, gas turbines, and reducers. Founded in Wuxi, China, in 1984, the company operated as Jiangsu Miracle Logistics System Engineering Co., Ltd. before adopting its current name in April 2013.
Company Valuation
Based on key historical and expected multiples, the stock is slightly overvalued relative to its peers. Specifically, the stock is fairly valued on P/E, overvalued on EV/
Target Price
The average target price of 002009.SZ is 18.0 and suggests 10.8% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommen