Is Wetouch Technology Inc. Common Stock (WETH) overvalued? · P/E 2.0, rev $42.3M
Wetouch Technology Inc. Common Stock (WETH) is a electronic components company listed on NASDAQ.
This page asks whether Wetouch Technology Inc. Common Stock (WETH) looks expensive on cached numbers — not a short thesis.
Latest reported WETH revenue for 2024-12-31 was $42.3M. Net income was $6.0M. Revenue was up 6.5% from 2023-12-31 to 2024-12-31. WETH currently screens at market cap $16.8M and trailing P/E 2.0.
WETH currently screens at market cap $16.8M and trailing P/E 2.0. A high multiple can be growth prepaid or a bubble. The filing has to explain the gap.
If the next WETH 8-K cuts growth or raises capex, this “expensive” read gets worse. Until then the SEC page is the source.
Not investment advice. Use the WETH stock page for the full model, not this heading.
Not investment advice.