Neway Valve Fair Value
60
The fair market value of 603699.SS stock is 18.65 CNY. Relative to the market price of 22.7 CNY Neway Valve is overvalued by 17.8%
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
Neway Valve Valuation
Current 603699.SS share ticker price is 22.7 CNY.
The fair value level of 18.65 CNY can be considered as an effective entry point for long-term investors to start investing in 603699.SS 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
Current market price
Current price is 18% higher its fair value
Current price is 30% higher its minimum value
Current price is 0% higher its maximum value
Market price:
603699.SS stock is greatly overvalued
It means the current price may concern as a High Risk Entry Point
Neway Valve Suzhou 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
23.84
2
Median P/E over 5 years
19.67
3
Minimum P/E over 5 years
16.66
4
Earning per share (last 12 months)
0.95 CNY
Maximum value
1
x
4
=
22.6 CNY
Fair value
2
x
4
=
18.65 CNY
Minimum value
3
x
4
=
15.8 CNY
Neway Valve Suzhou Co Ltd price metrics
15.0
Annual return (geometric mean)
36.9
Risk (standard deviation) of returns
β
1.1
Beta (volatility compared to market)