00

Kangda New Materials Group Co LtdSHE 002669 Stock Report

Last reporting period 30 Sep, 2023

Updated 04 Nov, 2024

Last price

Market cap $B

0.355

Micro

Exchange

XSHE - Shenzhen Stock Exchange

View Section: Eyestock Rating

Kangda New Fair Value

00

The fair market value of 002669.SZ stock is 11.34 CNY. Relative to the market price of 9.25 CNY Kangda New is undervalued by 22.6%

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

Undervalued 22.6%
11.34 CNY
002669.SZ Fair Value
9.25 CNY
Market price of 002669.SZ

Kangda New Valuation

Current 002669.SZ share ticker price is 9.25 CNY.

The fair value level of 11.34 CNY can be considered as an effective entry point for long-term investors to start investing in 002669.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 23% lower its fair value

Min value

Current price is 22% higher its minimum value

Max value

Current price is 290% 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.

002669.SZ stock is undervalued

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

Kangda New Materials Group 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

96.73

2

Median P/E over 5 years

30.41

3

Minimum P/E over 5 years

19.34

4

Earning per share (last 12 months)

0.37 CNY

Maximum value

1

x

4

=

36.08 CNY

Fair value

2

x

4

=

11.34 CNY

Minimum value

3

x

4

=

7.21 CNY

Kangda New Materials Group Co Ltd price metrics

-6.92

Annual return (geometric mean)

45.18

Risk (standard deviation) of returns

β

1.16

Beta (volatility compared to market)

It means that 002669.SZ stock is more volatile than the broader market

Discover Undervalued Companies


View Section: Profitability