Похоже, при загрузке страницы произошла ошибка.
Наша команда получила уведомление. Если проблема сохранится, свяжитесь с нами через виджет поддерж. по email.
| Metrics | Range | Conclusion |
|---|---|---|
| Selected LTM EBIT Multiple | 18,0x - 19,9x | 19,0x |
| Selected Fwd EBIT Multiple | 12,4x - 13,7x | 13,0x |
| Fair Value | 20,92¥ - 23,03¥ | 21,98¥ |
| Upside | 8,1% - 19,0% | 13,6% |
| Benchmarks | Ticker | Full Ticker |
| Ecovacs Robotics Co., Ltd. | 603486 | SHSE:603486 |
| Edifier Technology Co., Ltd. | 2351 | SZSE:002351 |
| Marssenger Kitchenware Co., Ltd. | 300894 | SZSE:300894 |
| Zhejiang Prulde Electric Appliance Co., Ltd. | 301353 | SZSE:301353 |
| Minami Acoustics Limited | 301383 | SZSE:301383 |
| Ziel Home Furnishing Technology Co., Ltd. | 301376 | SZSE:301376 |
| - | - | - |
| Select LTM EBIT Multiple | |||||||
| Benchmark Companies | |||||||
| 603486 | 2351 | 300894 | 301353 | 301383 | 301376 | ||
| SHSE:603486 | SZSE:002351 | SZSE:300894 | SZSE:301353 | SZSE:301383 | SZSE:301376 | ||
| Historical EBIT Growth | |||||||
| 5Y CAGR | -0.3% | 77.6% | 19.2% | 12.0% | 152.2% | 49.9% | |
| 3Y CAGR | -9.2% | 14.3% | -2.5% | -3.4% | 4.1% | -0.3% | |
| Latest Twelve Months | -53.1% | 22.5% | -88.3% | -53.9% | 18.3% | 7.2% | |
| Historical EBIT Profit Margin | |||||||
| 5 Year Average Margin | 8.7% | 13.9% | 14.5% | 11.8% | 6.1% | 6.9% | |
| Prior Fiscal Year | 10.7% | 12.3% | 12.7% | 16.4% | 4.1% | 5.1% | |
| Latest Fiscal Year | 3.2% | 16.1% | 12.8% | 8.8% | 6.5% | 7.7% | |
| Latest Twelve Months | 3.6% | 16.9% | 2.2% | 4.9% | 6.3% | 5.7% | |
| Current Trading Multiples | |||||||
| EV / LTM Revenue | 2.16x | 3.99x | 3.58x | 2.05x | 3.31x | 0.97x | |
| EV / LTM EBITDA | 37.9x | 21.9x | 37.4x | 24.2x | 40.1x | 16.7x | |
| EV / LTM EBIT | 59.5x | 23.6x | 162.3x | 41.9x | 52.3x | 16.9x | |
| Low | Mid | High | |||||
| Benchmark EV / LTM EBIT | 23.6x | 52.3x | 162.3x | ||||
| Historical EV / LTM EBIT | 20.8x | 20.8x | 20.8x | ||||
| Selected EV / LTM EBIT | 18.0x | 19.0x | 19.9x | ||||
| (x) LTM EBIT | 438 | 438 | 438 | ||||
| (=) Implied Enterprise Value | 7,893 | 8,308 | 8,724 | ||||
| (-) Non-shareholder Claims * | 338 | 338 | 338 | ||||
| (=) Equity Value | 8,231 | 8,646 | 9,062 | ||||
| (/) Shares Outstanding | 401.5 | 401.5 | 401.5 | ||||
| Implied Value Range | 20.50 | 21.53 | 22.57 | ||||
| FX Rate: CNY/CNY | 1.0 | 1.0 | 1.0 | Market Price | |||
| Implied Value Range (Trading Cur) | 20.50 | 21.53 | 22.57 | 19.35 | |||
| Upside / (Downside) | 5.9% | 11.3% | 16.6% | ||||
| Equity Waterfall | |||||||
| Benchmark Companies | |||||||
| (in millions) | 603486 | 2351 | 300894 | 301353 | 301383 | 301376 | |
| Enterprise Value | 32,845 | 11,875 | 5,655 | 1,740 | 7,108 | 7,431 | |
| (+) Cash & Short Term Investments | 4,199 | 1,671 | 852 | 538 | 736 | 1,118 | |
| (+) Investments & Other | 639 | 17 | 126 | 0 | 0 | 1,542 | |
| (-) Debt | (1,900) | (14) | (488) | (37) | (3) | (2,322) | |
| (-) Other Liabilities | (0) | (69) | 0 | 0 | (5) | 0 | |
| (-) Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | |
| (-) Other | 0 | 0 | 0 | 0 | 0 | 0 | |
| Value of Common Equity | 35,783 | 13,481 | 6,144 | 2,241 | 7,836 | 7,769 | |
| (/) Shares Outstanding | 575.3 | 884.0 | 407.7 | 73.9 | 162.9 | 401.5 | |
| Implied Stock Price | 62.20 | 15.25 | 15.07 | 30.31 | 48.11 | 19.35 | |
| FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |
| Implied Stock Price (Trading Cur) | 62.20 | 15.25 | 15.07 | 30.31 | 48.11 | 19.35 | |
| 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 | |