Risk factor
Very high price volatility
Profitability factor
Greatly overvalued vs peers
About
Zhejiang Mustang Battery Co., Ltd., established in Ningbo, China in 1996, focuses on the entire process of dry battery production, from research and development to manufacturing and sales, primarily within the Chinese market. The company produces a variety of battery types, including zinc and alkaline manganese, carbon, nickel hydrogen, and lithium cells, sold under the brand names Mustang, MUSTANG, and RAYMAX. Furthermore, its products are distributed internationally, reaching customers in the European Union, North America, and Southeast Asia.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'expensive' compared to its peers. Specifically, the stock is 'expensive' on P/E, overvalued on EV/EBITD.