Gt Steel Construction Intrinsic Stock Value – GT STEEL GROUP Shares Plunge 5.587% to HK$1.69
April 25, 2023
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GT ($SEHK:08402) STEEL GROUP, a leading steel construction company headquartered in Hong Kong, experienced a steep decline in its stock price on Tuesday. At 03:18pm, the company’s stock price experienced a sharp decrease of 5.587%, with its current price being HK$1.69. This is particularly concerning given GT STEEL GROUP’s steady performance over the past couple of years and its strong potential for growth. The company specializes in integrated steel structures, ranging from residential buildings to large commercial projects. Their portfolio of services includes design, production, and installation.
Furthermore, GT STEEL GROUP is renowned for its commitment to sustainability and environmental protection, having implemented numerous green initiatives and technologies in order to reduce their environmental impact. Despite the recent stock price plunge, GT STEEL GROUP remains one of the most viable options in the steel construction industry. The company has experienced steady growth over the past few years and is well-positioned to capitalize on potential future opportunities. As such, investors may still consider investing in GT STEEL GROUP despite the recent decline in stock price.
Market Price
This decline in share price comes on the heels of a mixed performance by the company over the past several months. The stock had been trending downwards prior to Monday’s plunge and has been struggling to post any significant gains since mid-April. The decline of GT STEEL CONSTRUCTION’s stock can be attributed to a variety of factors, including a weak outlook for the construction industry, which has been hit hard by the economic downturn.
Furthermore, the company has been cutting back on investments and has had difficulty staying competitive with larger rivals in the market. As a result, investors have become increasingly wary of the stock, leading to further declines in share price. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Gt Steel Construction. More…
| Total Revenues | Net Income | Net Margin |
| 9.39 | -6.76 | -72.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Gt Steel Construction. More…
| Operations | Investing | Financing |
| 0.97 | -0.12 | -1.71 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Gt Steel Construction. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 18.01 | 6.86 | 0.03 |
Key Ratios Snapshot
Some of the financial key ratios for Gt Steel Construction are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -43.1% | 31.0% | -70.4% |
| FCF Margin | ROE | ROA |
| 9.0% | -32.9% | -22.9% |
Analysis – Gt Steel Construction Intrinsic Stock Value
At GoodWhale, we have analyzed the financials of GT STEEL CONSTRUCTION and used our proprietary Valuation Line to determine the fair value of their shares. We found that the fair value of their shares is around HK$1.2. Currently, GT STEEL CONSTRUCTION stock is traded at HK$1.8, indicating that it is overvalued by 53.8%. This provides an interesting investment opportunity for investors who are willing to buy GT STEEL CONSTRUCTION shares at the current prices and wait until the stock price drops to its fair value. More…
Peers
The competition between GT Steel Construction Group Ltd and its competitors, Tung Ho Steel Enterprise Corp, PT Betonjaya Manunggal Tbk, and VNSTEEL – VICASA JSC, is fierce. Companies in this sector are constantly innovating to stay ahead in the ever-changing market, striving to offer the best products and services to their customers. As the competition intensifies, these four companies continue to push each other to become more efficient and cost-effective.
– Tung Ho Steel Enterprise Corp ($TWSE:2006)
Tung Ho Steel Enterprise Corp is a Taiwanese steel producer and distributor. The company serves the construction, automotive, and appliance markets. As of 2023, the company has a market cap of 45.27B, which makes it one of the largest steel companies in the world. Additionally, the company has a strong Return on Equity of 12.37%, indicating that it is efficiently using its assets to generate profits for investors. Tung Ho Steel Enterprise Corp is well-positioned for future growth and profitability.
– PT Betonjaya Manunggal Tbk ($IDX:BTON)
PT Betonjaya Manunggal Tbk is a leading Indonesian construction and engineering company. It specializes in the construction of infrastructure such as bridges, roads, and ports. The company has a market cap of 288B as of 2023, making it one of the most valuable companies in Indonesia. Its Return on Equity stands at 1.93%, which is impressive considering the size of the company and the fact that ROE is a measure of how efficiently a company utilizes its equity capital to generate profits. This suggests that the company is efficiently utilizing its resources to generate returns for its investors.
Summary
GT STEEL CONSTRUCTION is a Hong Kong-based company specializing in construction and engineering. The company’s stock recently experienced a 5.587% drop in price, closing at HK$1.69. This could be due to a variety of factors, such as macroeconomic events, changes in the competitive landscape, or investor sentiment. For investors, it is important to look at the company’s quarterly earnings reports and recent developments to gain an understanding of the company’s performance and outlook.
Additionally, staying up to date on the company’s press releases and industry news can also help investors to assess the stock’s potential performance. Ultimately, investors must weigh their own risk tolerance before making a decision to invest in GT STEEL CONSTRUCTION.
