Risk factor
Strong & resilient to price shocks
Profitability factor
Undervalued vs peers
About
Maanshan Iron & Steel Company Limited, established in 1953 and based in Maanshan, People's Republic of China, operates as a prominent global manufacturer and distributor of a wide range of iron and steel products. The company serves markets across Mainland China, Hong Kong, and internationally, specializing in the production and sale of diverse steel plates, including hot and cold-rolled, galvanized, and coil-coating varieties, as well as structural steels like H-shaped and medium-shaped sections. Its product lineup also encompasses high-speed wire rods, hot-rolled reinforcing steels, and specialized railway components such as wheels, axles, wheel sets, and bogies. Furthermore, Maanshan Iron & Steel is involved in the trade of raw materials like iron ore, iron ore fines, and scrap steel, along with ferrous metallurgy, the production of coke and associated chemical products, the distribution of general metallic products, and various investment and trading ventures.
Company Valuation
Based on key historical and expected multiples, the stock is undervalued relative to its peers. In particular, the stock is overpriced on P/E, of fair value on EV/EBITDA,