Risk factor
Very high price volatility
Profitability factor
Favourable analyst view
About
Ongoal Technology Co., Ltd. specializes in the research, development, manufacturing, and distribution of advanced industrial material handling and automation equipment, primarily for the Chinese market. The company's extensive product portfolio encompasses a wide array of solutions, including various types of mixers (such as planetary, ribbon, paddle, and ploughshare designs), comprehensive material transfer systems like big bag and small bag unpacking/unloading stations, pneumatic conveying systems, and precision multi-component weighing and dosing equipment. They also provide specialized machinery such as semi-automatic iron removers, jet mills, and low-speed industrial dryers. These innovative systems are crucial for operations in diverse sectors, including new energy, fine chemicals, food processing, pharmaceuticals, rubber, and plastics. Established in 2008, Ongoal Technology is headquartered in Dongguan, 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, overvalued on EV/EBI
Target Price
The average target price of 301662.SZ is 107 and suggests 36.9% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to