Risk factor
Fair trading liquidity
Profitability factor
Very favourable analyst view
About
Wencan Group Co.,Ltd. is a global enterprise that focuses on the research, development, manufacturing, and distribution of sophisticated aluminum alloy die castings for the automotive sector. Their products are integral to numerous vehicle systems, including engines, transmissions, chassis, braking mechanisms, and structural frameworks, serving both conventional gasoline-powered and electric vehicles. The company supplies its specialized components to leading vehicle manufacturers and various automotive parts suppliers. Founded in Foshan, China, in 1998, the company was initially named Guangdong Wencan Die Casting Co., Ltd. before officially adopting its current name, Wencan Group Co.,Ltd., in July 2021.
Company Valuation
Considering past and projected metrics, the stock is moderately 'expensive' compared to its peers. Specifically, the stock is 'expensive' on P/E, neutral on EV/EBITD.
Target Price
The average target price of 603348.SS is 28.0 and suggests 92% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to i