Risk factor
High price volatility
Profitability factor
Weak growth
About
Jiangsu Luokai Mechanical & Electrical Co., Ltd., based in Changzhou, China, and established in 1970, specializes in the comprehensive research, development, manufacturing, and distribution of vital components for high and low-voltage electrical distribution systems within China. The company's product range is extensive, featuring various low and medium voltage items including mechanisms, cassettes, main shafts, and load switches. Additionally, it provides electromagnets, a selection of auxiliary and transfer switches, auxiliary alarms, specialized release products, motor operators, and mid-voltage contact products. Its market reach extends beyond domestic borders, as it actively exports its goods to international destinations such as the United States, France, Italy, Holland, India, and several other countries globally.
Company Valuation
Considering past and projected metrics, the stock is moderately 'expensive' compared to its peers. In particular, the stock is overpriced on P/E, 'expensive' on EV/EBITDA