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Shougang Fushan Resources Group LtdHKG 639 Stock Report

Last reporting period 30 Jun, 2024

Updated 15 Nov, 2024

Last price

Market cap $B

0.12

Micro

Exchange

XHKG - Hong Kong Exchange

View Section: Eyestock Rating

Shougang Fushan Fair Value

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The fair market value of 639.HK stock is 2.32 HKD. Relative to the market price of 2.65 HKD Shougang Fushan is overvalued by 12.3%

Eyestock's quantitative valuation approach is based on the method of estimating historical multipliers. To determine whether a stock is undervalued, we compare its current price to our estimated of fair value. The more undervalued a stock is, the more investment is profitable.

Fair Relative Value

Overvalued 12.3%
2.32 HKD
639.HK Fair Value
2.65 HKD
Market price of 639.HK

Shougang Fushan Valuation

Current 639.HK share ticker price is 2.65 HKD.

The fair value level of 2.32 HKD can be considered as an effective entry point for long-term investors to start investing in 639.HK stock. For a more in-depth assessment, we provide a minimum value that can be used to increase a stock position and a maximum one that can be used to reduce it.

Price chart is not available

1y
3y
5y
All time
Market price

Current market price

Fair value

Current price is 12% higher its fair value

Min value

Current price is 47% higher its minimum value

Max value

Current price is 10% lower its maximum value

18.11.2024

Market price:

* Eyestock is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on eyestock.io represent a recommendation to buy or sell a security.

639.HK stock is overvalued

It means the current price may concern as a Risky Entry Point

Shougang Fushan Resources Group Ltd Stock Valuation Calculator

How do we value a stock?

As fair value, we use the product of the median Price-to-earnings ratios at the end of each reporting period for the last 5 years and earnings per share for the last 12 months. By analogy with the fair value, we calculate the maximum and minimum ones using the corresponding P/E extremums.

1

Maximum P/E over 5 years

9.6

2

Median P/E over 5 years

7.66

3

Minimum P/E over 5 years

4.63

4

Earning per share (last 12 months)

0.3 HKD

Maximum value

1

x

4

=

2.91 HKD

Fair value

2

x

4

=

2.32 HKD

Minimum value

3

x

4

=

1.41 HKD

Shougang Fushan Resources Group Ltd price metrics

10.36

Annual return (geometric mean)

41.04

Risk (standard deviation) of returns

β

0.35

Beta (volatility compared to market)

It means that 639.HK stock is less volatile than the broader market

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View Section: Profitability