Estun Automation's high P/E ratio suggests investors' confidence in its future earnings and reluctance to sell shares. The company's robust projected growth is bolstering the share price.
Estun Automation's business shows lack of high-return investments and potential financial risk despite positive stock performance. Carefulness is advised without upward trends.
Despite the short-term downturn, the company's growth over the past few years may present a potential investment opportunity. The company's ability to improve its bottom line and provide consistent return on investment reflects positively on its market performance.
Estun Automation's ROE, while not lower than industry average, isn't considered high. Significant debt use raises its risk. Investors should consider this as borrowing potential may evolve over time.
$Shenzhen Inovance Technology (300124.SZ)$$Estun Automation (002747.SZ)$ UOB KH has a buy call on Inovance and tp of RMB82.00, now pegged to 38.3x 2024F PE, on a par with its historical forward mean. They believe Inovance as the leader among domestic automation player will benefit the most from the on-going import substitution trend. We also expect Inovance to benefit more from the recovery in broader economy, given their larger exposure to end-markets such as property, semi and consumer electroni...
$CSI 300 Index (000300.SH)$$iShares MSCI China A ETF (CNYA.US)$ UOB KH report. MSCI China now trades at an undemanding 12-month forward PE of 10.2x, or a 37.0% discount to Emerging Asia. This steep discount is unwarranted and they expect valuation to normalise in 2H23, backed by additional policy support. However, a significant rerating is only possible if credit growth accelerates; hence, their index target is at 74 points for now, implying 12.0x target PE. They prefer exposure to automobiles, co...
Estun Automation Stock Forum
UOB KH has a buy call on Inovance and tp of RMB82.00, now pegged to 38.3x 2024F PE, on a par with its historical forward mean.
They believe Inovance as the leader among domestic automation player will benefit the most from the on-going import substitution trend. We also expect Inovance to benefit more from the recovery in broader economy, given their larger exposure to end-markets such as property, semi and consumer electroni...
UOB KH report.
MSCI China now trades at an undemanding 12-month forward PE of 10.2x, or a 37.0% discount to Emerging Asia. This steep discount is unwarranted and they expect valuation to normalise in 2H23, backed by additional policy support. However, a significant rerating is only possible if credit growth accelerates; hence, their index target is at 74 points for now, implying 12.0x target PE. They prefer exposure to automobiles, co...
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