Risk factor
Strong & resilient to price shocks
Profitability factor
Strong margins and returns
About
Hangzhou GreatStar Industrial Co., Ltd. is a global enterprise that conceptualizes, engineers, manufactures, and distributes a diverse array of tools. The company serves do-it-yourselfers, professionals, and industrial clients across the globe. Its comprehensive product lineup includes various hand tools such as fastening, cutting, measuring, layout, striking, and mechanic tools, as well as clamps, vises, and complete tool sets. Specialized offerings extend to electrician, drywall, and tiling/flooring equipment. For illumination, GreatStar provides flashlights, spotlights, lanterns, headlamps, work lights, and a range of LED lighting solutions including key chains, flexible lights, push lights, and book lights. The company also furnishes tools tailored for masonry, painting, electrical, plumbing, automotive, and gardening tasks. Power tools, available in both corded and cordless varieties, along with their accessories, are also key offerings. Automotive professionals benefit from items like creepers, stools, jacks, and other specialized auto tools. Safety is addressed through head, face, eye, hearing, and respiratory protection products. Furthermore, the company supplies tool storage solutions, including boxes and soft cases, alongside advanced measurement devices such as laser distance meters. Founded in 1993, Hangzhou GreatStar Industrial Co., Ltd. is headquartered in Hangzhou, China.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. In particular, the stock is underpriced on P/E, of fair value on EV/EBIT
Target Price
The average target price of 002444.SZ is 40.3 and suggests 34.8% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to