Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
IRICO Group New Energy Company Limited, operating with its various subsidiaries, is primarily involved in the research, development, manufacturing, and global distribution of advanced photovoltaic glass for the new energy sector, serving both the People's Republic of China and international markets. The company further provides solar cells and their associated components, and actively participates in photovoltaic power generation. Established in 2004, the organization was previously known as IRICO Group Electronics Company Limited before rebranding to its current name in January 2016. Its corporate headquarters are located in Xianyang, People's Republic of China.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. Specifically, the stock is overpriced on P/FCF.