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Meter Instruments Co Ltd Class A 301006

Morningstar Rating
CNY 13.30 +0.17 (1.29%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

301006 is trading within a range we consider fairly valued.
Price
CNY 13.20
Fair Value
CNY 12.25
Uncertainty
Extreme
1-Star Price
CNY 92.14
5-Star Price
CNY 9.68
Economic Moat
Dfl
Capital Allocation
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Trading Information

Previous Close Price
CNY 13.13
Day Range
CNY 13.0413.31
52-Week Range
CNY 9.2227.77
Bid/Ask
CNY 13.30 / CNY 13.31
Market Cap
CNY 1.85 Bil
Volume/Avg
880,950 / 2.6 Mil

Key Statistics

Price/Earnings (Normalized)
18.83
Price/Sales
5.50
Dividend Yield (Trailing)
2.68%
Dividend Yield (Forward)
2.68%
Total Yield
2.68%

Company Profile

Meter Instruments Co Ltd is engaged in the research and development, production and sales of intelligent ultrasonic water meter and heat meter series products.
Sector
Industrials
Industry
Electrical Equipment & Parts
Stock Style Box
Small Core
Total Number of Employees
433

Comparables

Valuation

Metric
301006
300349
301129
Price/Earnings (Normalized)
18.8314.6962.42
Price/Book Value
1.481.351.30
Price/Sales
5.501.774.99
Price/Cash Flow
36.1421.37
Price/Earnings
301006
300349
301129

Financial Strength

Metric
301006
300349
301129
Quick Ratio
7.741.732.95
Current Ratio
9.012.174.74
Interest Coverage
26.5824.67
Quick Ratio
301006
300349
301129

Profitability

Metric
301006
300349
301129
Return on Assets (Normalized)
7.09%5.71%
Return on Equity (Normalized)
8.03%9.11%
Return on Invested Capital (Normalized)
7.32%7.89%
Return on Assets
301006
300349
301129
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