ดูเหมือนว่ามีข้อผิดพลาดเกิดขึ้นขณะกำลังโหลดหน้าเพจนี้.
ทีมงานของเราได้รับแจ้งแล้วแต่กรุณาติดต่อเราด้วยการใช้ วิจิทบริการสนับสนุนทางอีเมล หากปัญหายังคงมีอยู่
| Metrics | Range | Conclusion |
|---|---|---|
| Selected LTM EBITDA Multiple | 12.5x - 13.8x | 13.2x |
| Selected Fwd EBITDA Multiple | 7.7x - 8.6x | 8.2x |
| Fair Value | ¥10.98 - ¥12.30 | ¥11.64 |
| Upside | 15.8% - 29.8% | 22.8% |
| Benchmarks | Ticker | Full Ticker |
| Zhe Jiang Kangsheng Co.,Ltd. | 2418 | SZSE:002418 |
| Shaanxi Heimao Coking Co., Ltd. | 601015 | SHSE:601015 |
| China Nonferrous Metal Industry's Foreign Engineering and Construction Co.,Ltd. | 758 | SZSE:000758 |
| Xinjiang Hejin Holding Co.,Ltd | 633 | SZSE:000633 |
| Hunan Silver Co.,Ltd. | 2716 | SZSE:002716 |
| Zhuzhou Smelter Group Co.,Ltd. | 600961 | SHSE:600961 |
| - | - | - |
| Select LTM EBITDA Multiple | |||||||
| Benchmark Companies | |||||||
| 2418 | 601015 | 758 | 633 | 2716 | 600961 | ||
| SZSE:002418 | SHSE:601015 | SZSE:000758 | SZSE:000633 | SZSE:002716 | SHSE:600961 | ||
| Historical EBITDA Growth | |||||||
| 5Y CAGR | NM- | -10.7% | 1.4% | 6.2% | -37.6% | NM- | |
| 3Y CAGR | 12.9% | -25.6% | 5.1% | NM- | NM- | 19.8% | |
| Latest Twelve Months | -64.1% | -82.3% | 36.2% | -21.3% | 39.7% | -11.8% | |
| Historical EBITDA Profit Margin | |||||||
| 5 Year Average Margin | 1.1% | 8.4% | 8.2% | 1.3% | -85.4% | 4.5% | |
| Prior Fiscal Year | 4.3% | 5.4% | 10.2% | 3.8% | -0.1% | 5.6% | |
| Latest Fiscal Year | 4.8% | 3.3% | 9.8% | 4.8% | 1.1% | 5.6% | |
| Latest Twelve Months | 2.3% | 0.8% | 8.8% | 3.7% | 2.3% | 5.8% | |
| Current Trading Multiples | |||||||
| EV / LTM Revenue | 1.63x | 0.67x | 1.32x | 9.61x | 1.56x | 0.62x | |
| EV / LTM EBITDA | 71.7x | 84.9x | 15.0x | 262.0x | 67.2x | 10.8x | |
| EV / LTM EBIT | -4895.9x | -12.2x | 19.7x | 494.9x | 197.6x | 14.0x | |
| Low | Mid | High | |||||
| Benchmark EV / LTM EBITDA | 15.0x | 71.7x | 262.0x | ||||
| Historical EV / LTM EBITDA | -51.2x | 9.1x | 19.0x | ||||
| Selected EV / LTM EBITDA | 12.5x | 13.2x | 13.8x | ||||
| (x) LTM EBITDA | 1,098 | 1,098 | 1,098 | ||||
| (=) Implied Enterprise Value | 13,719 | 14,441 | 15,163 | ||||
| (-) Non-shareholder Claims * | (1,694) | (1,694) | (1,694) | ||||
| (=) Equity Value | 12,025 | 12,747 | 13,469 | ||||
| (/) Shares Outstanding | 1,072.9 | 1,072.9 | 1,072.9 | ||||
| Implied Value Range | 11.21 | 11.88 | 12.55 | ||||
| FX Rate: CNY/CNY | 1.0 | 1.0 | 1.0 | Market Price | |||
| Implied Value Range (Trading Cur) | 11.21 | 11.88 | 12.55 | 9.48 | |||
| Upside / (Downside) | 18.2% | 25.3% | 32.4% | ||||
| Equity Waterfall | |||||||
| Benchmark Companies | |||||||
| (in millions) | 2418 | 601015 | 758 | 633 | 2716 | 600961 | |
| Enterprise Value | 3,874 | 10,888 | 13,386 | 1,951 | 10,982 | 11,865 | |
| (+) Cash & Short Term Investments | 170 | 1,244 | 2,730 | 21 | 446 | 464 | |
| (+) Investments & Other | 163 | 1,823 | 1,812 | 2 | 4 | 0 | |
| (-) Debt | (468) | (5,533) | (4,658) | (32) | (789) | (2,019) | |
| (-) Other Liabilities | (171) | (2,048) | (3,386) | (9) | 0 | (139) | |
| (-) Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | |
| (-) Other | 0 | 0 | 0 | 0 | 0 | 0 | |
| Value of Common Equity | 3,568 | 6,373 | 9,884 | 1,933 | 10,643 | 10,171 | |
| (/) Shares Outstanding | 1,136.4 | 2,042.5 | 1,969.0 | 385.1 | 2,823.1 | 1,072.9 | |
| Implied Stock Price | 3.14 | 3.12 | 5.02 | 5.02 | 3.77 | 9.48 | |
| FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |
| Implied Stock Price (Trading Cur) | 3.14 | 3.12 | 5.02 | 5.02 | 3.77 | 9.48 | |
| Trading Currency | CNY | CNY | CNY | CNY | CNY | CNY | |
| FX Rate to Reporting Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |