Risk factor
Meaningful price volatility
Profitability factor
Greatly overvalued vs peers
About
ZheJiang KangLongDa Special Protection Technology Co., Ltd., founded in 2000 in Shaoxing, China, and previously known as Shangyu Dongda knit Co.,Ltd., focuses on the innovation, production, and global sale of personal protective equipment (PPE). The company's main product line features a comprehensive range of specialized gloves, engineered to offer resistance against factors such as wear, cuts, tears, impacts, chemicals, static electricity, and extreme temperatures, along with other practical functions. These essential protective gloves are utilized across diverse industries, including construction, energy, electronics, automotive, heavy machinery, metallurgy, petrochemicals, and mining. In addition to their extensive glove selection, KangLongDa also provides other protective gear like eyewear, footwear, headwear, and clothing, primarily serving markets in Europe, the United States, and Japan.
Company Valuation
From both historical and forecast perspectives, the stock is considerably overpriced compared to similar stocks. Specifically, the stock is overvalued on EV/EBITDA.