Is Now An Opportune Moment To Examine Fuyao Glass Industry Group Co., Ltd. (SHSE:600660)?

Today we're going to take a look at the well-established Fuyao Glass Industry Group Co., Ltd. (SHSE:600660). The company's stock saw a decent share price growth of 16% on the SHSE over the last few months. The recent share price gains has brought the company back closer to its yearly peak. With many analysts covering the large-cap stock, we may expect any price-sensitive announcements have already been factored into the stock’s share price. But what if there is still an opportunity to buy? Let’s take a look at Fuyao Glass Industry Group’s outlook and value based on the most recent financial data to see if the opportunity still exists.

See our latest analysis for Fuyao Glass Industry Group

What's The Opportunity In Fuyao Glass Industry Group?

Great news for investors – Fuyao Glass Industry Group is still trading at a fairly cheap price. Our valuation model shows that the intrinsic value for the stock is CN¥72.86, but it is currently trading at CN¥49.60 on the share market, meaning that there is still an opportunity to buy now. What’s more interesting is that, Fuyao Glass Industry Group’s share price is quite volatile, which gives us more chances to buy since the share price could sink lower (or rise higher) in the future. This is based on its high beta, which is a good indicator for how much the stock moves relative to the rest of the market.

What kind of growth will Fuyao Glass Industry Group generate?

Future outlook is an important aspect when you’re looking at buying a stock, especially if you are an investor looking for growth in your portfolio. Buying a great company with a robust outlook at a cheap price is always a good investment, so let’s also take a look at the company's future expectations. Fuyao Glass Industry Group's earnings over the next few years are expected to increase by 55%, indicating a highly optimistic future ahead. This should lead to more robust cash flows, feeding into a higher share value.

What This Means For You

Are you a shareholder? Since 600660 is currently undervalued, it may be a great time to increase your holdings in the stock. With a positive outlook on the horizon, it seems like this growth has not yet been fully factored into the share price. However, there are also other factors such as financial health to consider, which could explain the current undervaluation.

Are you a potential investor? If you’ve been keeping an eye on 600660 for a while, now might be the time to make a leap. Its buoyant future outlook isn’t fully reflected in the current share price yet, which means it’s not too late to buy 600660. But before you make any investment decisions, consider other factors such as the track record of its management team, in order to make a well-informed buy.

In light of this, if you'd like to do more analysis on the company, it's vital to be informed of the risks involved. While conducting our analysis, we found that Fuyao Glass Industry Group has 1 warning sign and it would be unwise to ignore it.

If you are no longer interested in Fuyao Glass Industry Group, you can use our free platform to see our list of over 50 other stocks with a high growth potential.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.