Risk factor
Low price volatility
Profitability factor
Greatly undervalued vs peers
About
Sumec Corporation Limited distributes construction machinery and equipment in China. The company offers wheel loaders, excavators, motor graders, backhoe loaders, skid steer loaders, road rollers, landfill compactors, bulldozers, forklifts, truck cranes, truck mounted cranes, mining trucks, pavers, road headers, and structural parts for heavy equipment, as well as solar home lighting systems. It also exports its products to the Philippines, Vietnam, Indonesia, and other Southeast Asian countries; Saudi Arabia, Oman, Iran, and other West Asian countries; Kazakhstan, Russia, Belarus, and other CIS countries; Togo, South Africa, and other South African countries; and Argentina, Mexico, and other South American countries. The company was formerly known as Changlin Company Limited and changed its name to Sumec Corporation Limited in October 2017. Sumec Corporation Limited was founded in 1961 and is based in Changzhou, China.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. Specifically, the stock is 'cheap' on P/E, undervalued on EV/EBITD