Risk factor
Good trading liquidity
Profitability factor
Low dividends
About
Lingyi Itech (Guangdong) Company engages in the research, development, production, and marketing of ferrite magnetic materials and new materials. The company offers permanent magnet ferrite components, soft magnetic ferrite components, thermal materials, conductive materials, and other functional materials. It also provides midstream precision functional parts, structural parts platform, module assembly platform, and FATP platform, as well as produces and sells precision functional parts, structural parts and modules, chargers, assembly, and automotive products. The company's products are used in consumer electronics, automotive control, smart security, smart wear and home, new materials, new energy vehicles, and other fields. It sells its products to Japan, Europe, the United States, Hong Kong, Taiwan, and other countries. The company was founded in 1975 and is based in Jiangmen, China.
Company Valuation
Based on key historical and expected multiples, the stock is slightly overvalued relative to its peers. In particular, the stock is overpriced on P/E, of fair value on EV
Target Price
The average target price of 002600.SZ is 16 and suggests 0% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to d