Sayfa yüklenirken bir hata oluştu.
Teknik ekibimiz bilgilendirildi, ancak sorunun devam etmesi durumunda lütfen e-posta destek widget ile bize ulaşın.
| Metrics | Range | Conclusion |
|---|---|---|
| Selected LTM EBITDA Multiple | 30,2x - 33,3x | 31,8x |
| Selected Fwd EBITDA Multiple | 18,8x - 20,8x | 19,8x |
| Fair Value | ¥39,12 - ¥42,33 | ¥40,73 |
| Upside | -25,8% - -19,7% | -22,7% |
| Benchmarks | Ticker | Full Ticker |
| Shanghai Flyco Electrical Appliance Co., Ltd. | 603868 | SHSE:603868 |
| Golden Throat Holdings Group Company Limited | 6896 | SEHK:6896 |
| Hengan International Group Company Limited | 1044 | SEHK:1044 |
| Henan Rebecca Hair Products Co., Ltd. | 600439 | SHSE:600439 |
| Byhealth Co., Ltd | 300146 | SZSE:300146 |
| Dencare (Chongqing) Oral Care Co., Ltd. | 1328 | SZSE:001328 |
| - | - | - |
| Select LTM EBITDA Multiple | |||||||
| Benchmark Companies | |||||||
| 603868 | 6896 | 1044 | 600439 | 300146 | 1328 | ||
| SHSE:603868 | SEHK:6896 | SEHK:1044 | SHSE:600439 | SZSE:300146 | SZSE:001328 | ||
| Historical EBITDA Growth | |||||||
| 5Y CAGR | 2.2% | 15.8% | -8.1% | -19.5% | -7.5% | 25.4% | |
| 3Y CAGR | 10.9% | 22.7% | -6.1% | -14.8% | -21.7% | 7.6% | |
| Latest Twelve Months | -36.3% | 22.1% | -13.2% | 5.6% | -61.5% | 48.2% | |
| Historical EBITDA Profit Margin | |||||||
| 5 Year Average Margin | 22.7% | 33.9% | 21.1% | 13.4% | 22.7% | 9.0% | |
| Prior Fiscal Year | 24.1% | 38.7% | 18.2% | 8.2% | 22.0% | 8.5% | |
| Latest Fiscal Year | 23.5% | 38.4% | 16.6% | 10.7% | 14.1% | 10.3% | |
| Latest Twelve Months | 16.6% | 38.4% | 16.6% | 11.4% | 10.8% | 10.6% | |
| Current Trading Multiples | |||||||
| EV / LTM Revenue | 3.34x | 2.14x | 0.81x | 4.46x | 2.24x | 4.61x | |
| EV / LTM EBITDA | 20.1x | 5.6x | 4.9x | 39.2x | 20.7x | 43.5x | |
| EV / LTM EBIT | 23.8x | 6.0x | 6.5x | 52.3x | 31.4x | 49.7x | |
| Low | Mid | High | |||||
| Benchmark EV / LTM EBITDA | 4.9x | 20.1x | 39.2x | ||||
| Historical EV / LTM EBITDA | 33.9x | 35.2x | 36.4x | ||||
| Selected EV / LTM EBITDA | 30.2x | 31.8x | 33.3x | ||||
| (x) LTM EBITDA | 173 | 173 | 173 | ||||
| (=) Implied Enterprise Value | 5,216 | 5,491 | 5,765 | ||||
| (-) Non-shareholder Claims * | 1,483 | 1,483 | 1,483 | ||||
| (=) Equity Value | 6,700 | 6,974 | 7,249 | ||||
| (/) Shares Outstanding | 172.2 | 172.2 | 172.2 | ||||
| Implied Value Range | 38.91 | 40.51 | 42.10 | ||||
| FX Rate: CNY/CNY | 1.0 | 1.0 | 1.0 | Market Price | |||
| Implied Value Range (Trading Cur) | 38.91 | 40.51 | 42.10 | 52.70 | |||
| Upside / (Downside) | -26.2% | -23.1% | -20.1% | ||||
| Equity Waterfall | |||||||
| Benchmark Companies | |||||||
| (in millions) | 603868 | 6896 | 1044 | 600439 | 300146 | 1328 | |
| Enterprise Value | 14,739 | 2,518 | 18,244 | 4,086 | 13,535 | 7,590 | |
| (+) Cash & Short Term Investments | 1,618 | 1,141 | 14,376 | 0 | 5,596 | 1,128 | |
| (+) Investments & Other | 194 | 0 | 4,665 | 0 | 999 | 355 | |
| (-) Debt | (447) | (427) | (13,113) | 0 | (997) | 0 | |
| (-) Other Liabilities | 0 | 0 | (225) | 0 | (58) | 0 | |
| (-) Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | |
| (-) Other | 0 | 0 | 0 | 0 | 0 | 0 | |
| Value of Common Equity | 16,104 | 3,231 | 23,948 | 4,086 | 19,073 | 9,074 | |
| (/) Shares Outstanding | 435.6 | 739.3 | 1,162.1 | 1,132.0 | 1,683.4 | 172.2 | |
| Implied Stock Price | 36.97 | 4.37 | 20.61 | 3.61 | 11.33 | 52.70 | |
| FX Conversion Rate to Trading Currency | 1.00 | 0.92 | 0.92 | 1.00 | 1.00 | 1.00 | |
| Implied Stock Price (Trading Cur) | 36.97 | 4.73 | 22.30 | 3.61 | 11.33 | 52.70 | |
| Trading Currency | CNY | HKD | HKD | CNY | CNY | CNY | |
| FX Rate to Reporting Currency | 1.00 | 0.92 | 0.92 | 1.00 | 1.00 | 1.00 | |