Risk factor
High price volatility
Profitability factor
Greatly overvalued vs peers
About
Sinostar Cable Co., Ltd engages in the research and development, production, and sale of wires, cables and cable, and its accessories. The company's products include power cables, electrical equipment wires and cables, bare wires, special cables, and cable accessories. Its products are used in power grid construction, thermal and hydropower generation, electrified railway, urban rail transit, new energy power generation, petroleum/petrochemical, metallurgy, shipbuilding, home appliances, engineering construction, and other industries. Sinostar Cable Co., Ltd was founded in 2003 and is based in Yixing, China.
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers. In particular, the stock is overpriced on P/E, 'expensive' on EV/EB