Risk factor
High price volatility
Profitability factor
Favourable price performance
About
Veken Technology Co., Ltd., together with its subsidiaries, engages in the research and development, manufacturing, and sale of lithium batteries. The company offers 3C digital batteries for use in electronic products, such as notebooks, laptops, education computers, and personable wearables; and power batteries, such as soft packaged and aluminum shell power batteries for passenger auto battery, special vehicle battery, home appliance battery, and energy storage battery applications. It serves cellphone brands and communication operators in China, Europe, and the United States. Veken Technology Co., Ltd. is based in Ningbo, China.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'expensive' compared to its peers. Specifically, the stock is overvalued on EV/EBITDA.