Risk factor
Meaningful price volatility
Profitability factor
Greatly overvalued vs peers
About
Nanjing Develop Advanced Manufacturing Co., Ltd. (NDAM) is a Chinese firm dedicated to the engineering, production, and commercialization of essential components for the oil and gas sector. The company's extensive product line features a variety of specialized items, including critical wellhead equipment like casing heads and tubing heads, spools, fracturing pump cylinders, Blowout Preventers (BOPs), and various pipeline valves. NDAM's robust offerings are vital across a broad spectrum of petroleum and natural gas operations. Their components support diverse applications, ranging from surface and subsea wellhead systems and drilling activities to shale gas fracturing and high-pressure fluid transportation, serving numerous conventional and unconventional oil and gas fields. The company's operational base is situated in Nanjing, China.
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers. In particular, the stock is overpriced on P/E, 'expensive' on EV/EB