Risk factor
Meaningful price volatility
Profitability factor
Very low or no dividends
About
Shandong Rike Chemical Co., LTD. is a Chinese enterprise that specializes in the development, manufacturing, sales, and technical support of chemical modifiers primarily for the plastics processing and rubber sectors. Their extensive product portfolio includes a variety of impact modifiers, such as acrylic, ACM, AMB, and chlorinated polyethylene types. They also supply CPVC resins, PVC foaming regulators, and a range of PVC processing aids. Additionally, the company provides PMMA/ASA capstocks, ACR impact processing modifiers, and ACM low-temperature toughening agents. Their line of processing aids further encompasses general, lubricating, SAN, heat-resistant, melt strength, and transparent formulations. Beyond its domestic operations in China, Shandong Rike Chemical maintains a significant international presence, exporting goods to diverse markets including the United States, the European Union, South Korea, Israel, Turkey, India, Ukraine, and various countries within Southeast Asia. Established in 2003, the company's headquarters are situated in Weifang, People's Republic of China.
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, neutral on EV/EBITDA