Newater Technology, Inc. - Ordinary Shares (NEWA) Company Bio
Newater Technology is a China-based wastewater purification treatment company that focuses on the development, manufacture and sale of disk tube reverse osmosis and disk tube nano-filtration membrane filtration products that are used in the treatment, recycling and discharge of wastewater. The company was founded in 2012 and is based in Yantai, Shandong Province.
NEWA Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for NEWA, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Newater Technology Inc ranked in the 65th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 126.17% on a DCF basis. As for the metrics that stood out in our discounted cash flow analysis of Newater Technology Inc, consider:
The company's balance sheet shows it gets 79% of its capital from equity, and 21% of its capital from debt. Its equity weight surpasses that of 62.23% of free cash flow generating stocks in the Industrials sector.
Newater Technology Inc's effective tax rate, as measured by taxes paid relative to net income, is at 18 -- greater than 69.92% of US stocks with positive free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
PFIN, JBHT, KSU, AGCO, and CVEO can be thought of as valuation peers to NEWA, in the sense that they are in the Industrials sector and have a similar price forecast based on DCF valuation.
Newater Technology, Inc. (NASDAQ: NEWA) ("NEWA", "we", "our" or the "Company"), a developer, service provider and manufacturer of membrane filtration products and related hardware and engineered systems that are used in the treatment, recycling and discharge of wastewater, today announced that is has resumed production and business activities after the outbreak throughout of the novel coronavirus, commonly referred to as "COVID-19." During China's Spring Festival holiday, Newater actively conducted epidemic prevention, and obtained the government's approval to allow it to officially return to work on February 10, 2020. The Company emphasizes the continuous importance of safety and health for its employees and in its production, i...
Newater Technology, Inc. (NASDAQ: NEWA) ("NEWA", "we", "our" or the "Company"), a developer, service provider and manufacturer of membrane filtration products and related hardware and engineered systems that are used in the treatment, recycling and discharge of wastewater, today announced its unaudited financial results for the half-year ended June 30, 2019.