ดูเหมือนว่ามีข้อผิดพลาดเกิดขึ้นขณะกำลังโหลดหน้าเพจนี้.
ทีมงานของเราได้รับแจ้งแล้วแต่กรุณาติดต่อเราด้วยการใช้ วิจิทบริการสนับสนุนทางอีเมล หากปัญหายังคงมีอยู่
| Metrics | Range | Conclusion |
|---|---|---|
| Selected LTM EBITDA Multiple | 20.3x - 22.4x | 21.4x |
| Selected Fwd EBITDA Multiple | 13.7x - 15.2x | 14.4x |
| Fair Value | ¥10.82 - ¥11.98 | ¥11.40 |
| Upside | 16.7% - 29.2% | 23.0% |
| Benchmarks | Ticker | Full Ticker |
| Chongqing road & bridge co.,ltd | 600106 | SHSE:600106 |
| Zhuhai Winbase International Chemical Tank Terminal Co.,Ltd | 2492 | SZSE:002492 |
| Guangzhou Hangxin Aviation Technology Co., Ltd. | 300424 | SZSE:300424 |
| China Railway Materials Company Limited | 927 | SZSE:000927 |
| TangShan Port Group Co.,Ltd | 601000 | SHSE:601000 |
| Sichuan Haite High-tech Co.,Ltd | 2023 | SZSE:002023 |
| - | - | - |
| Select LTM EBITDA Multiple | |||||||
| Benchmark Companies | |||||||
| 600106 | 2492 | 300424 | 927 | 601000 | 2023 | ||
| SHSE:600106 | SZSE:002492 | SZSE:300424 | SZSE:000927 | SHSE:601000 | SZSE:002023 | ||
| Historical EBITDA Growth | |||||||
| 5Y CAGR | -16.1% | 6.8% | 15.6% | -12.9% | 0.2% | 25.8% | |
| 3Y CAGR | -22.3% | 0.1% | 84.2% | -22.7% | 1.5% | 4.2% | |
| Latest Twelve Months | -4.0% | -20.3% | 12.4% | -21.4% | -1.3% | 34.3% | |
| Historical EBITDA Profit Margin | |||||||
| 5 Year Average Margin | 71.7% | 48.8% | 7.1% | 2.5% | 41.4% | 31.3% | |
| Prior Fiscal Year | 73.8% | 51.8% | 8.4% | 2.1% | 46.7% | 36.5% | |
| Latest Fiscal Year | 66.7% | 47.5% | 7.2% | 2.0% | 47.0% | 34.0% | |
| Latest Twelve Months | 66.2% | 41.5% | 8.2% | 2.0% | 47.0% | 32.1% | |
| Current Trading Multiples | |||||||
| EV / LTM Revenue | 28.41x | 4.51x | 2.67x | 0.33x | 3.16x | 5.66x | |
| EV / LTM EBITDA | 42.9x | 10.9x | 32.7x | 16.5x | 6.7x | 17.7x | |
| EV / LTM EBIT | 46.0x | 21.9x | 62.0x | 24.7x | 9.2x | 33.8x | |
| Low | Mid | High | |||||
| Benchmark EV / LTM EBITDA | 6.7x | 16.5x | 42.9x | ||||
| Historical EV / LTM EBITDA | 23.8x | 31.2x | 58.8x | ||||
| Selected EV / LTM EBITDA | 20.3x | 21.4x | 22.4x | ||||
| (x) LTM EBITDA | 395 | 395 | 395 | ||||
| (=) Implied Enterprise Value | 8,025 | 8,447 | 8,870 | ||||
| (-) Non-shareholder Claims * | (121) | (121) | (121) | ||||
| (=) Equity Value | 7,904 | 8,326 | 8,749 | ||||
| (/) Shares Outstanding | 740.9 | 740.9 | 740.9 | ||||
| Implied Value Range | 10.67 | 11.24 | 11.81 | ||||
| FX Rate: CNY/CNY | 1.0 | 1.0 | 1.0 | Market Price | |||
| Implied Value Range (Trading Cur) | 10.67 | 11.24 | 11.81 | 9.27 | |||
| Upside / (Downside) | 15.1% | 21.2% | 27.4% | ||||
| Equity Waterfall | |||||||
| Benchmark Companies | |||||||
| (in millions) | 600106 | 2492 | 300424 | 927 | 601000 | 2023 | |
| Enterprise Value | 3,241 | 1,643 | 4,221 | 12,469 | 18,093 | 6,989 | |
| (+) Cash & Short Term Investments | 1,570 | 616 | 218 | 4,367 | 4,790 | 512 | |
| (+) Investments & Other | 3,531 | 218 | 46 | 709 | 3,814 | 1,589 | |
| (-) Debt | (1,538) | (304) | (996) | (1,612) | (0) | (2,221) | |
| (-) Other Liabilities | 0 | (17) | (28) | (1,109) | (1,571) | (1) | |
| (-) Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | |
| (-) Other | 0 | 0 | 0 | 0 | 0 | 0 | |
| Value of Common Equity | 6,805 | 2,155 | 3,461 | 14,823 | 25,126 | 6,868 | |
| (/) Shares Outstanding | 1,329.0 | 405.0 | 245.4 | 6,050.4 | 5,925.9 | 740.9 | |
| Implied Stock Price | 5.12 | 5.32 | 14.10 | 2.45 | 4.24 | 9.27 | |
| FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |
| Implied Stock Price (Trading Cur) | 5.12 | 5.32 | 14.10 | 2.45 | 4.24 | 9.27 | |
| 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 | |