Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Chinese Solar Panel Manufacturer JA Solar $jaso on the Upswing

|Includes: JA Solar Holdings, Co., Ltd. (JASO)
Go to ValuEngine.com
October 12, 2010
ATTENTION Advanced Investors and Finance Professionals:
If you are reading this you should download ValuEngine Institutional Software to see how VE’s powerful quantitative tools can increase your productivity and effectiveness.
Here Comes the Sun

Chinese Solar Panel Manufacturer JA Solar on the Upswing

  ValuEngine has issued a STRONG BUY recommendation for JA SOLAR HOLDINGS LTD (NASDAQ:JASO). Based on the information we have gathered and our resulting research, we feel that JA SOLAR HOLDINGS LTD has the probability to OUTPERFORM average market performance for the next year. The company exhibits ATTRACTIVE momentum, 5-year annualized return and market valuation.

  Based on available data as of Oct. 12, 2010, we believe that JA SOLAR HOLDINGS LTD should be trading at $13.67. This makes JASO 31.11% undervalued. Fair Value indicates what we believe the stock should be trading at today if the stock market were perfectly efficient and everything traded at its true worth. For JASO, we base this on actual earnings per share (NYSEARCA:EPS) for the previous four quarters of $0.86, forecasted EPS for the next four quarters of $1.07, and correlations to the 30- year Treasury bond yield of 3.73%.

  In the metrics that count, it is hard to find a ticker in our database with more impressive ratings right now.  JASO sits in the top percentile of of our universe of more than 5500 companies.  It's one-month and one-year forecast target price is in the 98 percentile with very strong momentum, decent P/E, and a good valuation. 

 JA SOLAR HOLDINGS LTD is a manufacturer of high-performance solar cells.  They produce advanced photovoltaic panels.  The Company sells its products to solar module manufacturers who assemble and integrate its solar cells into modules and systems that convert sunlight into electricity.

  Subscribers can check out the latest figures on JA SOLAR HOLDINGS LTD from our models HERE

  Not a ValuEngine Premium Website member?  Then please consider signing up for our no obligation, two-week free trial today. 

To Sign Up for a FREE TRIAL, Please Click the Logo Below

 

Market Indices Data
  Latest Change YTD
Dow Jones
10,977.60 -32.74 5.27%
NASDAQ Composite
2,407.60 5.27 6.10%
Russell 2000
679.29 3.15 7.13%
S&P 500
1,163.75 -1.57 4.36%

 

ValuEngine Market Overview
Summary of VE Stock Universe
Stocks Undervalued
60.31%
Stocks Overvalued
39.69%
Stocks Undervalued by 20%
27.81%
Stocks Overvalued by 20%
13.28%

 

ValuEngine Sector Overview
Sector Change MTD YTD Valuation Last 12-MReturn P/E Ratio
Energy 1.65% 3.42% 8.70% 5.31% overvalued 26.96% 25.54
Basic Industries 1.57% 0.86% 22.79% 3.06% overvalued 36.03% 24.93
Public Utilities 0.71% 1.82% 1.50% 1.06% overvalued 13.98% 19.97
Consumer Non-Durables 1.20% 1.92% 9.20% 2.63% undervalued 19.32% 16.89
Transportation 0.99% 2.03% 12.35% 2.91% undervalued 16.76% 19.85
Capital Goods 1.21% 2.29% 18.21% 5.81% undervalued 14.23% 21.34
Consumer Services 1.25% 1.93% 12.52% 6.40% undervalued 13.53% 21.35
Finance 0.77% 1.61% 13.98% 6.67% undervalued 5.15% 18.17
Technology 0.80% 1.27% 17.83% 7.86% undervalued 21.36% 24.27
Consumer Durables 1.20% 1.81% 14.75% 8.50% undervalued 25.47% 19.58
Health Care 0.99% 1.88% 21.43% 11.52% undervalued 4.63% 20.29

 

 
 
Close this window
ValuEngine.com - Rational advice, smarter investing.
 
 
 


Disclosure: no positions