论文部分内容阅读
公司09年、10年的动态PE仅为25.9和21.0倍,低于行业均值,具有一定的估值优势。加上公司未来发展战略清晰,新产品市场空间广阔,应该给予公司一定的估值溢价。对应合理价格应该在19.5元左右,维持公司“短期推荐-长期A”的投资评级。
The company in 2009, 10 years of dynamic PE is only 25.9 and 21.0 times lower than the industry average, with a certain valuation advantage. Coupled with the company’s future development strategy is clear, the new product market is vast, should give the company a certain valuation premium. Corresponds to a reasonable price should be 19.5 yuan, to maintain the company “short-term recommendation - long A ” investment rating.