Risk factor
Fair trading liquidity
Profitability factor
Very favourable analyst view
About
ADD Industry (Zhejiang) Co. Ltd. operates within China, focusing on the manufacturing and distribution of shock absorbers designed for vehicle suspension systems. The company's diverse product range encompasses standard shock absorbers, strut cartridges, complete struts, strut assemblies, steering dampers, and cabin dampers. Founded in 1994, the firm's headquarters are located in Taizhou, China.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. Specifically, the stock is fairly valued on P/E, neutral on EV/EBITD.
Target Price
The average target price of 603089.SS is 18.8 and suggests 98.7% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to