Risk factor
Resilient to price shocks
Profitability factor
Greatly overvalued vs peers
About
HMT (Xiamen) New Technical Materials Co., Ltd. is an enterprise actively engaged in the research, development, production, and global distribution of various fabrics, serving both its domestic market in China and international clients. The company's diverse product range features specialized textiles such as materials for automotive airbags, complete airbag modules (including One-Piece Woven - OPW technology), safety belt fabrics, mesh materials, and bulletproof textiles, alongside a broader selection of industrial fabrics. Established in Xiamen, China, in 2002, the firm was initially named Huamao (Xiamen) Technical Textile Co., Ltd. before officially adopting its current corporate identity, HMT (Xiamen) New Technical Materials Co., Ltd., in 2010.
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers. Specifically, the stock is 'expensive' on P/E, overvalued on EV/EBI