Risk factor
Very poor trading liquidity
Profitability factor
Greatly overvalued vs peers
About
Advanced Braking Technology Limited engages in the research, design, development, manufacture, distribution, and sale of braking solutions worldwide. The company offers brakes for light, medium, and heavy vehicles; and ABT failsafe brakes, ABT failsafe emergency driveline brakes, and associated braking systems. It also provides BrakeSAFE Wheel End SIBS Brakes, a sealed wet brakes with spring applied hydraulic release mechanism and optional interlocks that eliminates the risk of unintended vehicle movement; BrakeSAFE Driveline SIBS Brakes which act as a supplementary system for critical situations that provides rapid intervention, and preventing unintended vehicle movements during service break failure; and BRAKEiQ, an auto braking system designed to integrate with collision avoidance systems. The company serves mining, defense, civil construction, and waste management industries. Advanced Braking Technology Limited was founded in 1992 and is headquartered in Wangara, Australia.
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/EBITDA,
Target Price
The average target price of ABV.AX is 0.15 and suggests 20% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to incr