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NASDAQ: RAYA
Erayak Power Solution Group Inc Stock

$0.68+0.08 (+13.33%)
Updated Apr 18, 2024
RAYA Price
$0.68
Fair Value Price
N/A
Market Cap
$8.47M
52 Week Low
$0.44
52 Week High
$2.68
P/E
6.8x
P/B
0.42x
P/S
0.65x
PEG
N/A
Dividend Yield
N/A
Revenue
$20.32M
Earnings
$1.22M
Gross Margin
24.7%
Operating Margin
8.93%
Profit Margin
6%
Debt to Equity
0.75
Operating Cash Flow
$7M
Beta
1.59
Next Earnings
N/A
Ex-Dividend
N/A
Next Dividend
N/A

RAYA Overview

Erayak Power Solution Group Inc., through its subsidiaries, engages in the research and development, manufacture, and wholesale and retail of power solution products. Its product portfolio includes sine wave and off-grid inverters, inverter and gasoline generators, battery and smart chargers, and custom-designed products. The company's products are used in agricultural and industrial vehicles, recreational vehicles, electrical appliances, and outdoor living products. It operates in the People's Republic of China, France, Poland, Mexico, and the United Kingdom. The company was founded in 2009 and is based in Wenzhou, the People's Republic of China. Erayak Power Solution Group Inc. operates as a subsidiary of Erayak International Limited.

Zen Score

Industry Average (28)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how RAYA scored across 33 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

RAYA was unprofitable, so we are unable to calculate its intrinsic value according to an updated version of Benjamin Graham's Formula from "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
RAYA is good value based on its earnings relative to its share price (6.8x), compared to the US market average (41.33x)
P/E vs Market Valuation
RAYA is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
There are 30 more RAYA due diligence checks available for Premium users.

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RAYA News

Valuation

RAYA price to earnings (PE)

For valuing profitable companies with steady earnings
Company
6.8x
Industry
30.18x
Market
41.33x
RAYA is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
RAYA is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

RAYA price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
0.42x
Industry
3.99x
RAYA is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

RAYA's financial health

Profit margin

Revenue
$0.0
Net Income
$0.0
Profit Margin
0%
RAYA's Earnings (EBIT) of $1.81M... subscribe to Premium to read more.
Interest Coverage Financials
RAYA's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$35.3M
Liabilities
$15.1M
Debt to equity
0.75
RAYA's short-term assets ($22.10M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
RAYA's short-term assets ($22.10M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
RAYA's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
N/A
Investing
N/A
Financing
N/A
RAYA's operating cash flow ($6.73M)... subscribe to Premium to read more.
Debt Coverage Financials

RAYA vs Electrical Equipment & Part Stocks

TickerMarket Cap1d %P/EP/B
RAYA$8.47M+13.33%6.80x0.42x
POLA$6.27M-10.97%-0.73x0.48x
OPTT$11.60M-7.14%-0.38x0.46x
DCFC$2.58M0.00%-0.02x-0.02x
NXU$176.80k-6.55%-0.00x0.02x

Erayak Power Solution Group Stock FAQ

What is Erayak Power Solution Group's quote symbol?

(NASDAQ: RAYA) Erayak Power Solution Group trades on the NASDAQ under the ticker symbol RAYA. Erayak Power Solution Group stock quotes can also be displayed as NASDAQ: RAYA.

If you're new to stock investing, here's how to buy Erayak Power Solution Group stock.

What is the 52 week high and low for Erayak Power Solution Group (NASDAQ: RAYA)?

(NASDAQ: RAYA) Erayak Power Solution Group's 52-week high was $2.68, and its 52-week low was $0.44. It is currently -74.63% from its 52-week high and 54.55% from its 52-week low.

How much is Erayak Power Solution Group stock worth today?

(NASDAQ: RAYA) Erayak Power Solution Group currently has 12,450,000 outstanding shares. With Erayak Power Solution Group stock trading at $0.68 per share, the total value of Erayak Power Solution Group stock (market capitalization) is $8.47M.

Erayak Power Solution Group stock was originally listed at a price of $3.37 in Dec 14, 2022. If you had invested in Erayak Power Solution Group stock at $3.37, your return over the last 1 years would have been -79.82%, for an annualized return of -79.82% (not including any dividends or dividend reinvestments).

How much is Erayak Power Solution Group's stock price per share?

(NASDAQ: RAYA) Erayak Power Solution Group stock price per share is $0.68 today (as of Apr 18, 2024).

What is Erayak Power Solution Group's Market Cap?

(NASDAQ: RAYA) Erayak Power Solution Group's market cap is $8.47M, as of Apr 19, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Erayak Power Solution Group's market cap is calculated by multiplying RAYA's current stock price of $0.68 by RAYA's total outstanding shares of 12,450,000.
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