ดูเหมือนว่ามีข้อผิดพลาดเกิดขึ้นขณะกำลังโหลดหน้าเพจนี้.
ทีมงานของเราได้รับแจ้งแล้วแต่กรุณาติดต่อเราด้วยการใช้ วิจิทบริการสนับสนุนทางอีเมล หากปัญหายังคงมีอยู่
| Metrics | Range | Conclusion |
|---|---|---|
| Selected LTM EBITDA Multiple | 2.6x - 2.9x | 2.7x |
| Selected Fwd EBITDA Multiple | 3.7x - 4.1x | 3.9x |
| Fair Value | €1.74 - €1.83 | €1.79 |
| Upside | 37.8% - 45.3% | 41.5% |
| Benchmarks | Ticker | Full Ticker |
| Yang Ming Marine Transport Corporation | 2609 | TWSE:2609 |
| Evergreen Marine Corporation (Taiwan) Ltd. | 2603 | TWSE:2603 |
| ZIM Integrated Shipping Services Ltd. | 2SV | DB:2SV |
| A.P. Møller - Mærsk A/S | AMKB.F | OTCPK:AMKB.F |
| Hapag-Lloyd Aktiengesellschaft | HLAG | DB:HLAG |
| COSCO SHIPPING Holdings Co., Ltd. | C6G | DB:C6G |
| - | - | - |
| Select LTM EBITDA Multiple | |||||||
| Benchmark Companies | |||||||
| 2609 | 2603 | 2SV | AMKB.F | HLAG | C6G | ||
| TWSE:2609 | TWSE:2603 | DB:2SV | OTCPK:AMKB.F | DB:HLAG | DB:C6G | ||
| Historical EBITDA Growth | |||||||
| 5Y CAGR | 74.4% | 68.6% | 48.1% | 15.3% | 19.0% | 41.0% | |
| 3Y CAGR | -28.7% | -15.4% | -27.0% | -25.7% | -29.7% | -21.0% | |
| Latest Twelve Months | 1206.6% | 243.5% | 793.8% | 41.9% | 3.2% | 120.2% | |
| Historical EBITDA Profit Margin | |||||||
| 5 Year Average Margin | 34.2% | 38.2% | 29.3% | 24.2% | 30.0% | 26.9% | |
| Prior Fiscal Year | 4.1% | 18.8% | -7.2% | 12.5% | 19.0% | 17.1% | |
| Latest Fiscal Year | 34.1% | 38.6% | 30.4% | 16.3% | 18.3% | 28.3% | |
| Latest Twelve Months | 34.1% | 38.6% | 30.4% | 16.3% | 18.3% | 28.3% | |
| Current Trading Multiples | |||||||
| EV / LTM Revenue | 0.39x | 0.75x | 0.53x | 0.29x | 1.25x | 0.32x | |
| EV / LTM EBITDA | 1.2x | 1.9x | 1.7x | 1.8x | 6.8x | 1.1x | |
| EV / LTM EBIT | 1.3x | 2.3x | 1.8x | 2.7x | 9.5x | 1.3x | |
| Low | Mid | High | |||||
| Benchmark EV / LTM EBITDA | 1.2x | 1.8x | 6.8x | ||||
| Historical EV / LTM EBITDA | -0.1x | 1.1x | 15.6x | ||||
| Selected EV / LTM EBITDA | 2.6x | 2.7x | 2.9x | ||||
| (x) LTM EBITDA | 66,166 | 66,166 | 66,166 | ||||
| (=) Implied Enterprise Value | 171,160 | 180,168 | 189,177 | ||||
| (-) Non-shareholder Claims * | 136,764 | 136,764 | 136,764 | ||||
| (=) Equity Value | 307,924 | 316,933 | 325,941 | ||||
| (/) Shares Outstanding | 19,849.0 | 19,849.0 | 19,849.0 | ||||
| Implied Value Range | 15.51 | 15.97 | 16.42 | ||||
| FX Rate: CNY/EUR | 8.3 | 8.3 | 8.3 | Market Price | |||
| Implied Value Range (Trading Cur) | 1.87 | 1.92 | 1.98 | 1.26 | |||
| Upside / (Downside) | 48.1% | 52.4% | 56.7% | ||||
| Equity Waterfall | |||||||
| Benchmark Companies | |||||||
| (in millions) | 2609 | 2603 | 2SV | AMKB.F | HLAG | C6G | |
| Enterprise Value | 82,651 | 335,390 | 4,426 | 16,176 | 21,821 | 71,210 | |
| (+) Cash & Short Term Investments | 226,499 | 261,886 | 2,115 | 24,035 | 7,513 | 185,170 | |
| (+) Investments & Other | 25,997 | 42,784 | 1,106 | 2,104 | 1,476 | 78,207 | |
| (-) Debt | (86,433) | (169,769) | (6,030) | (16,477) | (6,608) | (76,222) | |
| (-) Other Liabilities | (775) | (22,127) | (6) | (1,030) | (69) | (50,391) | |
| (-) Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | |
| (-) Other | 0 | 0 | 0 | 0 | 0 | 0 | |
| Value of Common Equity | 247,939 | 448,164 | 1,611 | 24,808 | 24,132 | 207,974 | |
| (/) Shares Outstanding | 3,492.1 | 2,165.0 | 120.5 | 15.5 | 175.8 | 19,849.0 | |
| Implied Stock Price | 71.00 | 207.00 | 13.38 | 1,598.38 | 137.30 | 10.48 | |
| FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.14 | 1.00 | 1.00 | 8.31 | |
| Implied Stock Price (Trading Cur) | 71.00 | 207.00 | 11.76 | 1,598.38 | 137.30 | 1.26 | |
| Trading Currency | TWD | TWD | EUR | USD | EUR | EUR | |
| FX Rate to Reporting Currency | 1.00 | 1.00 | 1.14 | 1.00 | 1.00 | 8.31 | |