Industry Comparison : (Automotive Parts (Metal Part & Heat Exchanger)

1) APM

2) EPMB

3) MCEHLFG

4) SAPIND

5) SMISCOR

EP Manufacturing – will EV be game changer?

EP Manufacturing (EPMB) has being in the news recently with the production and launch of its Malaysian assembled electric vehicles (EV). This auto parts and components manufacturer has adopted a new business direction by going into the EV market.

We all know the interest Tesla has generated over the years for investor. Certainly, EVs are hot items and rather than guess the impact on EPMB, I decided to ask the AI for an opinion

I fed the charts below from Xifu to my free version of ChatGPT.

I won’t go into its details of what the AI said, but its conclusion is summarized as

“EPMB shows signs of turnaround potential with improving profitability and revenue recovery. At a PE of 8.2, it could be undervalued to its fundamentals. However, given the moderate risk and historical price decline, investors should approach cautiously, ensuring continuous improvement in financial performance. It may appeal to value investors with a higher risk tolerance.”

It is close enough to my own fundamental analysis. I think the analysts are going the way of the Dodo. You can try it yourself with other charts from Xifu.