The stock is still a bargain according to the price multiple model. The company's prosperous future profit outlook isn't fully reflected in the current share price yet, which means it's not too late to buy the stock.
Jiangling Motors Corporation's low P/E ratio is due to its poor earnings outlook. Investors foresee limited growth, willing to pay less for the stock. The share price is not expected to surge soon under these conditions.
With net cash and statutory profit, Jiangling Motors shows short term stability. Yet, uninspiring revenue growth and no positive EBIT could diminish interest. Extra risks beyond the balance sheet demand understanding of their investment process.
Jiangling Motors Corporation, Stock Forum
No comment yet