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Zhejiang Asia-Pacific Mechanical & Electronic Co LtdSHE 002284 Stock Report

Last reporting period 30 Sep, 2023

Updated 01 Nov, 2024

Last price

Market cap $B

0.754

Micro

Exchange

XSHE - Shenzhen Stock Exchange

View Section: Eyestock Rating

Zhejiang Asia-Pacific Fair Value

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The fair market value of 002284.SZ stock is 12.95 CNY. Relative to the market price of 8.11 CNY Zhejiang Asia-Pacific is undervalued by 59.7%

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

Greatly undervalued 59.7%
12.95 CNY
002284.SZ Fair Value
8.11 CNY
Market price of 002284.SZ

Zhejiang Asia-Pacific Valuation

Current 002284.SZ share ticker price is 8.11 CNY.

The fair value level of 12.95 CNY can be considered as an effective entry point for long-term investors to start investing in 002284.SZ 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 60% lower its fair value

Min value

Current price is 27% lower its minimum value

Max value

Current price is 399% lower its maximum value

05.11.2024

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.

002284.SZ stock is greatly undervalued

It means the current price may concern as a Low Risk Entry Point

Zhejiang Asia-Pacific Mechanical & Electronic Co 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

240.39

2

Median P/E over 5 years

76.89

3

Minimum P/E over 5 years

61.12

4

Earning per share (last 12 months)

0.17 CNY

Maximum value

1

x

4

=

40.49 CNY

Fair value

2

x

4

=

12.95 CNY

Minimum value

3

x

4

=

10.3 CNY

Zhejiang Asia-Pacific Mechanical & Electronic Co Ltd price metrics

10.51

Annual return (geometric mean)

48.32

Risk (standard deviation) of returns

β

1.38

Beta (volatility compared to market)

It means that 002284.SZ stock is more volatile than the broader market

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View Section: Profitability