ดูเหมือนว่ามีข้อผิดพลาดเกิดขึ้นขณะกำลังโหลดหน้าเพจนี้.
ทีมงานของเราได้รับแจ้งแล้วแต่กรุณาติดต่อเราด้วยการใช้ วิจิทบริการสนับสนุนทางอีเมล หากปัญหายังคงมีอยู่
| Metrics | Range | Conclusion |
|---|---|---|
| Selected LTM EBITDA Multiple | 7.3x - 8.0x | 7.6x |
| Selected Fwd EBITDA Multiple | 7.0x - 7.8x | 7.4x |
| Fair Value | $0.25 - $0.27 | $0.26 |
| Upside | -1.1% - 9.1% | 4.0% |
| Benchmarks | Ticker | Full Ticker |
| Daqin Railway Co., Ltd. | 601006 | SHSE:601006 |
| China Railway Special Cargo Logistics Co., Ltd. | 1213 | SZSE:001213 |
| Sichuan Fulin Transportation Group Co., Ltd. | 2357 | SZSE:002357 |
| GuangDong GenSho Logistics Co.,LTD | 603813 | SHSE:603813 |
| Beijing-Shanghai High-Speed Railway Co., Ltd. | 601816 | SHSE:601816 |
| Guangshen Railway Company Limited | GNGY.F | OTCPK:GNGY.F |
| - | - | - |
| Select LTM EBITDA Multiple | |||||||
| Benchmark Companies | |||||||
| 601006 | 1213 | 2357 | 603813 | 601816 | GNGY.F | ||
| SHSE:601006 | SZSE:001213 | SZSE:002357 | SHSE:603813 | SHSE:601816 | OTCPK:GNGY.F | ||
| Historical EBITDA Growth | |||||||
| 5Y CAGR | -4.3% | 5.6% | -7.6% | -10.5% | 5.7% | 4.1% | |
| 3Y CAGR | 0.4% | 7.6% | 3.8% | NM- | 23.3% | 81.6% | |
| Latest Twelve Months | -14.2% | 16.4% | -38.0% | 1.6% | 27.5% | 1.2% | |
| Historical EBITDA Profit Margin | |||||||
| 5 Year Average Margin | 26.2% | 11.9% | 19.3% | 5.7% | 52.4% | 5.1% | |
| Prior Fiscal Year | 25.2% | 10.7% | 16.3% | 16.2% | 40.1% | 12.9% | |
| Latest Fiscal Year | 25.1% | 12.1% | 17.8% | 10.7% | 58.0% | 12.6% | |
| Latest Twelve Months | 21.9% | 12.1% | 13.1% | 11.3% | 58.7% | 12.6% | |
| Current Trading Multiples | |||||||
| EV / LTM Revenue | 1.10x | 1.19x | 1.75x | 5.64x | 8.41x | 0.67x | |
| EV / LTM EBITDA | 5.0x | 9.8x | 13.3x | 49.9x | 14.3x | 5.3x | |
| EV / LTM EBIT | 7.2x | 20.1x | -50.6x | 654.1x | 18.8x | 12.3x | |
| Low | Mid | High | |||||
| Benchmark EV / LTM EBITDA | 5.0x | 13.3x | 49.9x | ||||
| Historical EV / LTM EBITDA | -41.9x | 8.6x | 67.8x | ||||
| Selected EV / LTM EBITDA | 7.3x | 7.6x | 8.0x | ||||
| (x) LTM EBITDA | 3,421 | 3,421 | 3,421 | ||||
| (=) Implied Enterprise Value | 24,855 | 26,163 | 27,471 | ||||
| (-) Non-shareholder Claims * | 648 | 648 | 648 | ||||
| (=) Equity Value | 25,503 | 26,812 | 28,120 | ||||
| (/) Shares Outstanding | 13,964.7 | 13,964.7 | 13,964.7 | ||||
| Implied Value Range | 1.83 | 1.92 | 2.01 | ||||
| FX Rate: CNY/USD | 7.3 | 7.3 | 7.3 | Market Price | |||
| Implied Value Range (Trading Cur) | 0.25 | 0.26 | 0.28 | 0.25 | |||
| Upside / (Downside) | -0.1% | 5.0% | 10.1% | ||||
| Equity Waterfall | |||||||
| Benchmark Companies | |||||||
| (in millions) | 601006 | 1213 | 2357 | 603813 | 601816 | GNGY.F | |
| Enterprise Value | 83,526 | 12,924 | 1,510 | 1,937 | 355,409 | 24,890 | |
| (+) Cash & Short Term Investments | 63,159 | 5,246 | 111 | 164 | 7,497 | 1,999 | |
| (+) Investments & Other | 26,741 | 183 | 1,251 | 3 | 0 | 805 | |
| (-) Debt | (23,255) | (220) | (543) | (629) | (53,210) | (2,196) | |
| (-) Other Liabilities | (15,589) | 0 | (72) | (0) | (22,913) | 40 | |
| (-) Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | |
| (-) Other | 0 | 0 | 0 | 0 | 0 | 0 | |
| Value of Common Equity | 134,583 | 18,133 | 2,257 | 1,475 | 286,782 | 25,538 | |
| (/) Shares Outstanding | 20,147.2 | 4,444.4 | 313.5 | 104.2 | 49,106.5 | 13,964.7 | |
| Implied Stock Price | 6.68 | 4.08 | 7.20 | 14.15 | 5.84 | 1.83 | |
| FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 7.32 | |
| Implied Stock Price (Trading Cur) | 6.68 | 4.08 | 7.20 | 14.15 | 5.84 | 0.25 | |
| Trading Currency | CNY | CNY | CNY | CNY | CNY | USD | |
| FX Rate to Reporting Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 7.32 | |