Wetouch Technology Inc WETH

Morningstar Rating
$1.53 +0.21 (15.91%)
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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

WETH is trading at a 842% premium.
Price
$1.53
Fair Value
$9.46
Uncertainty
Very High
1-Star Price
$6.76
5-Star Price
$2.19
Economic Moat
Rvdv
Capital Allocation

News

Trading Information

Previous Close Price
$1.32
Day Range
$1.361.57
52-Week Range
$0.773.68
Bid/Ask
$1.49 / $1.59
Shares Outstanding
11.93M
Market Cap
$18.26M
Volume/Avg
138,481 / 80,360

Key Statistics

Price/Earnings (Normalized)
2.15
Price/Sales
0.40
Dividend Yield (Trailing)
0.00%
Dividend Yield (Forward)
0.00%
Total Yield

Company Profile

Wetouch Technology Inc is a business of research and development, manufacturing, and distribution of touchscreen displays to customers both in the PRC and overseas. The touchscreen products, which are manufactured by the Company, are mainly for use in financial terminals, automotive, Point of Sales, gaming, lottery, medical, Human-Machine Interface (HMI), and other specialized industries. The company sells touchscreen products both domestically in China and internationally, covering areas in Mainland China, including but not limited to the eastern, southern, northern, and southwest regions of Mainland China, Taiwan, South Korea, Germany, and other countries.
Sector
Technology
Industry
Electronic Components
Stock Style Box
Small Value
Total Number of Employees
152

Valuation

Metric
WETH
Price/Earnings (Normalized)
2.15
Price/Book Value
0.13
Price/Sales
0.40
Price/Cash Flow
1.99
Price/Earnings
WETH

Financial Strength

Metric
WETH
Quick Ratio
31.98
Current Ratio
32.24
Interest Coverage
Quick Ratio
WETH

Profitability

Metric
WETH
Return on Assets (Normalized)
6.06%
Return on Equity (Normalized)
6.27%
Return on Invested Capital (Normalized)
6.17%
Return on Assets
WETH

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