Risk factor
Meaningful price volatility
Profitability factor
Favourable analyst view
About
Ocean's King Lighting Science & Technology Co., Ltd. researches, develops, manufactures, and sells professional lighting products in China and internationally. It offers fixed explosion-proof lighting, fixed professional lighting, mobile professional lighting, portable explosion-proof lighting, and portable professional lighting products. The company also provides control products, such as detectors, controllers, and gateways, as well as value added services. Its products are used in power generation, mining and industrial, oil and gas, water and wastewater, transportation, utilities, and petrochemical industries. The company was incorporated in 1995 and is headquartered in Shenzhen, China.
Company Valuation
Based on key historical and expected multiples, the stock is overvalued relative to its peers. In particular, the stock is overvalued on P/FCF.
Target Price
The average target price of 002724.SZ is 11 and suggests 29% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to inc
Buy
Sell