Risk factor
Meaningful price volatility
Profitability factor
Greatly overvalued vs peers
About
Jiangsu Safety Wire Rope Co., Ltd. is a manufacturer and global distributor of steel wire ropes, supplying markets both within China and internationally. Their extensive product range includes lift cables, a diverse selection of crane wire ropes (such as anti-rotation, shaped-strand, compacted-strand, and standard non-rotating varieties), as well as related items like wire rope slings, various rigging hardware, synthetic fiber products, and chains with their associated fittings. The company commenced operations in 2005 and is headquartered in Wuxi, China.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'expensive' compared to its peers. In particular, the stock is overpriced on P/E, 'expensive' on EV/EBITDA