Risk factor
Very high price volatility
Profitability factor
Favourable analyst view
About
Horizon Robotics is an investment holding firm based in Beijing, China, that develops sophisticated technological solutions primarily for passenger vehicles within the Chinese market. The company is organized into two main divisions: Automotive Solutions and Non-Automotive Solutions. Its automotive offerings include Horizon Mono for advanced driver assistance systems; Horizon Pilot, a system enabling advanced driving and parking capabilities such as highway pilot assistance, automated parking, and autonomous highway navigation; Horizon SuperDrive, a comprehensive platform for autonomous driving and parking; and Horizon Journey, an automotive-grade solution focused on energy management. Outside of the vehicle industry, its non-automotive division assists device manufacturers in the development and production of a wide range of devices and appliances. Horizon Robotics commenced operations in 2015.
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers. Specifically, the stock is 'expensive' on P/E, overvalued on EV/EBI
Target Price
The average target price of 9660.HK is 7.78 and suggests 116% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to in