Risk factor
Good trading liquidity
Profitability factor
Very low or no dividends
About
Nuode New Materials Co.,Ltd. researches and develops, produces, and sells electrolytic copper foils for lithium batteries in China and internationally. The company offers 3.5-8-micron lithium battery, high-frequency and high-speed, elongation, microporous, thick electrolytic, composite, hyper-very low-profile, and high-temperature elongation copper foils, as well as reverse-treated foils for the 5G communication sector. It is also involved in the photovoltaic energy storage, production and sales of wires and cables and accessories, and material trade. The company was formerly known as Nuode Investment Co.,Ltd and changed its name to Nuode New Materials Co.,Ltd. in October 2022. Nuode New Materials Co.,Ltd. was founded in 1987 and is headquartered in Shenzhen, China.
Company Valuation
Based on key historical and expected multiples, the stock is overvalued relative to its peers. In particular, the stock is overpriced on P/E, 'expensive' on EV/EBITD.
Target Price
The average target price of 600110.SS is 10.0 and suggests 9.83% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation