Risk factor
Very high price volatility
Profitability factor
Greatly overvalued vs peers
About
Ongoal Technology Co., Ltd. engages in the research, design, production, and sale of material handling and automation equipment in China. The company offers dual planetary mixer, semi-auto iron remover, multi-components suction and weighing scales, big bag unloading station, small bag unpacking machines and stations, ribbon mixer, unpacking and feeding systems, paddle mixer, ploughshare mixer, small bag unloading station, big bag packing machine, pneumatic conveying systems, tonnage bag packing machines, high efficiency slurry mixing system, dual planetary mixers, hqdc fully automatic big bag unloading machine, ibc rotary mixer, ribbon mixers, jet mill, and ton-bag unpacking stations., low-speed kettle dryers, twin-screw continuous slurry mixer, colter mixers, multi-components suction and weighing scale, metering and dosing systems, paddle mixers, low speed kettle dryer, high gravity material dispense mixer, rod-pin bead mill, fully automatic big bag unpacking machine, layer by layer debagging machine, pulping systems, and automatic small bag unloading machine. Its products used in new energy, fine chemicals, food and medicine, rubber, plastics, and other industries. The company was founded in 2008 and is based in Dongguan, 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
Target Price
The average target price of 301662.SZ is 185 and suggests 17% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to in