Risk factor
Meaningful price volatility
Profitability factor
Greatly overvalued vs peers
About
Mingxin New Material Co., Ltd. engages in the research, development, production, and sale of automotive leather. It offers automotive interior leather used in automotive interior parts such as car seats, armrests, headrests, steering wheels, instrument panels, and door panels. The company was founded on December 7, 2005 and is headquartered in Jiaxing, China.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'expensive' compared to its peers. In particular, the stock is overpriced on P/E, 'expensive' on EV/EBITDA
Target Price
The average target price of 605068.SS is 26 and suggests 2% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendatio
