Risk factor
High price volatility
Profitability factor
Greatly overvalued vs peers
About
Jiangsu Nanfang Bearing Co.,Ltd., established in 1988 and headquartered in Changzhou, China, specializes in the design, development, and global distribution of needle roller bearings, clutches, and various automotive components. The company offers a comprehensive range of needle bearings, including drawn cup, thrust, and one-way clutch types, alongside complementary items such as cages and needle assemblies. They also engineer and manufacture specific clutch systems, like one-way clutches for motorcycle engines, and produce essential parts for automotive applications, including sleeves, inner races, and overrunning alternator pulleys. Nanfang Bearing's needle bearings are integral to numerous systems, finding use in anti-lock braking systems (ABS), gearboxes, throttle valves, and starter motors. They are also crucial components for connecting rods, cleaning machinery, door closing mechanisms, garden equipment, power tools, robotic reduction gears, valve reactors, and high voltage switches. Furthermore, their thrust bearings are specifically designed for applications within automatic transmissions and compressors. Beyond these, the company supplies roller and sprag type clutches, one-way clutches tailored for electric bicycles, and cam followers used in conveyor systems.
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers. Specifically, the stock is 'expensive' on P/E, overvalued on EV/EBI