ดูเหมือนว่ามีข้อผิดพลาดเกิดขึ้นขณะกำลังโหลดหน้าเพจนี้.
ทีมงานของเราได้รับแจ้งแล้วแต่กรุณาติดต่อเราด้วยการใช้ วิจิทบริการสนับสนุนทางอีเมล หากปัญหายังคงมีอยู่
| Metrics | Range | Conclusion |
|---|---|---|
| Selected LTM EBIT Multiple | 37.4x - 41.4x | 39.4x |
| Selected Fwd EBIT Multiple | 30.2x - 33.4x | 31.8x |
| Fair Value | ¥17.71 - ¥20.36 | ¥19.03 |
| Upside | -33.0% - -22.9% | -28.0% |
| Benchmarks | Ticker | Full Ticker |
| Zhong Fu Tong Group Co., Ltd. | 300560 | SZSE:300560 |
| NOVA Technology Corporation Limited | 300921 | SZSE:300921 |
| China Telecom Corporation Limited | 601728 | SHSE:601728 |
| BizConf Telecom Co.,Ltd. | 300578 | SZSE:300578 |
| Hangzhou Huaxing Chuangye Communication Technology Co., Ltd. | 300025 | SZSE:300025 |
| China Bester Group Telecom Co., Ltd. | 603220 | SHSE:603220 |
| - | - | - |
| Select LTM EBIT Multiple | |||||||
| Benchmark Companies | |||||||
| 300560 | 300921 | 601728 | 300578 | 300025 | 603220 | ||
| SZSE:300560 | SZSE:300921 | SHSE:601728 | SZSE:300578 | SZSE:300025 | SHSE:603220 | ||
| Historical EBIT Growth | |||||||
| 5Y CAGR | NM- | -27.3% | 8.1% | NM- | NM- | 2.0% | |
| 3Y CAGR | NM- | -46.7% | 11.5% | NM- | NM- | 50.9% | |
| Latest Twelve Months | -145.5% | 9965.6% | 18.2% | 34.9% | -0.9% | 67.1% | |
| Historical EBIT Profit Margin | |||||||
| 5 Year Average Margin | 7.6% | 8.6% | 7.7% | 5.4% | -5.4% | 6.5% | |
| Prior Fiscal Year | 5.6% | 7.2% | 7.2% | 3.1% | -2.0% | 5.1% | |
| Latest Fiscal Year | -0.6% | 2.0% | 8.2% | -9.9% | -4.1% | 6.3% | |
| Latest Twelve Months | -1.9% | 1.6% | 8.2% | -5.8% | -7.4% | 9.6% | |
| Current Trading Multiples | |||||||
| EV / LTM Revenue | 2.49x | 4.71x | 1.16x | 6.78x | 5.18x | 4.77x | |
| EV / LTM EBITDA | -157.0x | 85.2x | 4.8x | -319.4x | -149.3x | 41.8x | |
| EV / LTM EBIT | -131.3x | 300.6x | 14.2x | -116.1x | -69.6x | 49.9x | |
| Low | Mid | High | |||||
| Benchmark EV / LTM EBIT | -131.3x | -69.6x | 300.6x | ||||
| Historical EV / LTM EBIT | 21.0x | 42.4x | 69.8x | ||||
| Selected EV / LTM EBIT | 37.4x | 39.4x | 41.4x | ||||
| (x) LTM EBIT | 294 | 294 | 294 | ||||
| (=) Implied Enterprise Value | 11,020 | 11,600 | 12,180 | ||||
| (-) Non-shareholder Claims * | (3,223) | (3,223) | (3,223) | ||||
| (=) Equity Value | 7,797 | 8,377 | 8,957 | ||||
| (/) Shares Outstanding | 428.9 | 428.9 | 428.9 | ||||
| Implied Value Range | 18.18 | 19.53 | 20.89 | ||||
| FX Rate: CNY/CNY | 1.0 | 1.0 | 1.0 | Market Price | |||
| Implied Value Range (Trading Cur) | 18.18 | 19.53 | 20.89 | 26.42 | |||
| Upside / (Downside) | -31.2% | -26.1% | -20.9% | ||||
| Equity Waterfall | |||||||
| Benchmark Companies | |||||||
| (in millions) | 300560 | 300921 | 601728 | 300578 | 300025 | 603220 | |
| Enterprise Value | 2,938 | 2,921 | 641,975 | 3,088 | 3,567 | 14,553 | |
| (+) Cash & Short Term Investments | 711 | 627 | 102,009 | 498 | 113 | 359 | |
| (+) Investments & Other | 8 | 0 | 55,854 | 229 | 76 | 142 | |
| (-) Debt | (738) | (38) | (60,873) | (8) | (158) | (3,647) | |
| (-) Other Liabilities | (23) | 7 | (4,162) | 0 | (1) | (76) | |
| (-) Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | |
| (-) Other | 0 | 0 | 0 | 0 | 0 | 0 | |
| Value of Common Equity | 2,895 | 3,517 | 734,802 | 3,807 | 3,597 | 11,330 | |
| (/) Shares Outstanding | 229.7 | 130.3 | 91,507.1 | 198.3 | 508.8 | 428.9 | |
| Implied Stock Price | 12.60 | 27.00 | 8.03 | 19.20 | 7.07 | 26.42 | |
| FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |
| Implied Stock Price (Trading Cur) | 12.60 | 27.00 | 8.03 | 19.20 | 7.07 | 26.42 | |
| 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 | |