ดูเหมือนว่ามีข้อผิดพลาดเกิดขึ้นขณะกำลังโหลดหน้าเพจนี้.
ทีมงานของเราได้รับแจ้งแล้วแต่กรุณาติดต่อเราด้วยการใช้ วิจิทบริการสนับสนุนทางอีเมล หากปัญหายังคงมีอยู่
| Metrics | Range | Conclusion |
|---|---|---|
| Selected LTM EBITDA Multiple | 12.9x - 14.3x | 13.6x |
| Selected Fwd EBITDA Multiple | 12.6x - 14.0x | 13.3x |
| Fair Value | ¥6.06 - ¥6.88 | ¥6.47 |
| Upside | -1.1% - 12.3% | 5.6% |
| Benchmarks | Ticker | Full Ticker |
| Sinostone(Guangdong) Co.,Ltd. | 1212 | SZSE:001212 |
| Huaxin Cement Co., Ltd. | 600801 | SHSE:600801 |
| Chongqing Changjiang River Moulding Material (Group) Co., Ltd. | 1296 | SZSE:001296 |
| Tangshan Jidong Cement Co.,Ltd. | 401 | SZSE:000401 |
| Yunnan Bowin Technology Industry Co.,Ltd | 600883 | SHSE:600883 |
| Guangdong Sanhe Pile Co., Ltd. | 3037 | SZSE:003037 |
| - | - | - |
| Select LTM EBITDA Multiple | |||||||
| Benchmark Companies | |||||||
| 1212 | 600801 | 1296 | 401 | 600883 | 3037 | ||
| SZSE:001212 | SHSE:600801 | SZSE:001296 | SZSE:000401 | SHSE:600883 | SZSE:003037 | ||
| Historical EBITDA Growth | |||||||
| 5Y CAGR | -2.6% | -6.6% | NM- | -20.7% | NM- | -1.8% | |
| 3Y CAGR | -17.2% | -8.2% | 3.5% | -26.8% | NM- | -12.8% | |
| Latest Twelve Months | -28.1% | -6.4% | 29.7% | 57.7% | 5.7% | -8.2% | |
| Historical EBITDA Profit Margin | |||||||
| 5 Year Average Margin | 19.0% | 26.8% | 15.5% | 18.5% | -85.6% | 6.0% | |
| Prior Fiscal Year | 16.0% | 23.6% | 10.8% | 7.3% | -186.0% | 6.7% | |
| Latest Fiscal Year | 14.2% | 21.8% | 18.5% | 12.8% | -97.5% | 5.8% | |
| Latest Twelve Months | 13.9% | 21.8% | 19.0% | 12.8% | -63.9% | 5.9% | |
| Current Trading Multiples | |||||||
| EV / LTM Revenue | 9.09x | 1.19x | 1.79x | 1.02x | 22.19x | 0.77x | |
| EV / LTM EBITDA | 65.3x | 5.4x | 9.4x | 7.9x | -34.7x | 13.2x | |
| EV / LTM EBIT | 151.6x | 10.2x | 13.1x | -99.8x | -30.7x | 43.7x | |
| Low | Mid | High | |||||
| Benchmark EV / LTM EBITDA | -34.7x | 7.9x | 65.3x | ||||
| Historical EV / LTM EBITDA | 13.0x | 15.4x | 18.5x | ||||
| Selected EV / LTM EBITDA | 12.9x | 13.6x | 14.3x | ||||
| (x) LTM EBITDA | 356 | 356 | 356 | ||||
| (=) Implied Enterprise Value | 4,589 | 4,831 | 5,072 | ||||
| (-) Non-shareholder Claims * | (1,017) | (1,017) | (1,017) | ||||
| (=) Equity Value | 3,572 | 3,813 | 4,055 | ||||
| (/) Shares Outstanding | 596.3 | 596.3 | 596.3 | ||||
| Implied Value Range | 5.99 | 6.39 | 6.80 | ||||
| FX Rate: CNY/CNY | 1.0 | 1.0 | 1.0 | Market Price | |||
| Implied Value Range (Trading Cur) | 5.99 | 6.39 | 6.80 | 6.13 | |||
| Upside / (Downside) | -2.3% | 4.3% | 10.9% | ||||
| Equity Waterfall | |||||||
| Benchmark Companies | |||||||
| (in millions) | 1212 | 600801 | 1296 | 401 | 600883 | 3037 | |
| Enterprise Value | 5,099 | 39,804 | 1,909 | 25,695 | 736 | 4,673 | |
| (+) Cash & Short Term Investments | 974 | 6,841 | 471 | 6,935 | 169 | 1,191 | |
| (+) Investments & Other | 1 | 1,557 | 0 | 2,147 | 727 | 9 | |
| (-) Debt | (361) | (19,456) | (142) | (20,548) | (4) | (2,195) | |
| (-) Other Liabilities | (3) | (4,606) | (9) | (1,597) | (6) | (23) | |
| (-) Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | |
| (-) Other | 0 | 0 | 0 | 0 | 0 | 0 | |
| Value of Common Equity | 5,710 | 24,139 | 2,229 | 12,632 | 1,622 | 3,655 | |
| (/) Shares Outstanding | 121.1 | 1,739.1 | 148.6 | 2,631.6 | 236.1 | 596.3 | |
| Implied Stock Price | 47.15 | 13.88 | 15.00 | 4.80 | 6.87 | 6.13 | |
| FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |
| Implied Stock Price (Trading Cur) | 47.15 | 13.88 | 15.00 | 4.80 | 6.87 | 6.13 | |
| 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 | |