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 | 47,9x - 52,9x | 50,4x |
| Selected Fwd EBITDA Multiple | 33,2x - 36,7x | 35,0x |
| Fair Value | ¥2,36 - ¥3,21 | ¥2,78 |
| Upside | -44,3% - -24,1% | -34,2% |
| Benchmarks | Ticker | Full Ticker |
| Ningxia Western Venture Industrial Co.,Ltd. | 557 | SZSE:000557 |
| China High-Speed Railway Technology Co., Ltd. | 8 | SZSE:000008 |
| Jiangxi Changyun Co., Ltd. | 600561 | SHSE:600561 |
| Hainan Haiqi Transportation Group Co.,Ltd. | 603069 | SHSE:603069 |
| DiDi Global Inc. | DIDI.Y | OTCPK:DIDI.Y |
| Longzhou Group Co., Ltd. | 2682 | SZSE:002682 |
| - | - | - |
| Select LTM EBITDA Multiple | |||||||
| Benchmark Companies | |||||||
| 557 | 8 | 600561 | 603069 | DIDI.Y | 2682 | ||
| SZSE:000557 | SZSE:000008 | SHSE:600561 | SHSE:603069 | OTCPK:DIDI.Y | SZSE:002682 | ||
| Historical EBITDA Growth | |||||||
| 5Y CAGR | 12.3% | NM- | 1.1% | -15.4% | NM- | -36.8% | |
| 3Y CAGR | 8.6% | NM- | -5.9% | 10.7% | NM- | NM- | |
| Latest Twelve Months | 22.9% | -8.5% | 31.9% | -41.2% | 206.2% | -49.4% | |
| Historical EBITDA Profit Margin | |||||||
| 5 Year Average Margin | 33.7% | -1.0% | 13.9% | 12.3% | -8.1% | 4.2% | |
| Prior Fiscal Year | 26.7% | -21.4% | 15.8% | 12.4% | 0.8% | 5.2% | |
| Latest Fiscal Year | 40.6% | -8.6% | 20.5% | 9.9% | 2.2% | 1.6% | |
| Latest Twelve Months | 40.6% | -14.9% | 20.5% | 10.1% | 2.2% | 2.8% | |
| Current Trading Multiples | |||||||
| EV / LTM Revenue | 4.02x | 4.14x | 2.00x | 7.38x | 0.41x | 1.67x | |
| EV / LTM EBITDA | 9.9x | -27.8x | 9.8x | 73.1x | 18.9x | 59.6x | |
| EV / LTM EBIT | 15.2x | -22.3x | 37.5x | -178.7x | 43.3x | -41.7x | |
| Low | Mid | High | |||||
| Benchmark EV / LTM EBITDA | -27.8x | 9.9x | 73.1x | ||||
| Historical EV / LTM EBITDA | 8.8x | 22.5x | 66.4x | ||||
| Selected EV / LTM EBITDA | 47.9x | 50.4x | 52.9x | ||||
| (x) LTM EBITDA | 95 | 95 | 95 | ||||
| (=) Implied Enterprise Value | 4,532 | 4,770 | 5,009 | ||||
| (-) Non-shareholder Claims * | (3,235) | (3,235) | (3,235) | ||||
| (=) Equity Value | 1,297 | 1,535 | 1,774 | ||||
| (/) Shares Outstanding | 562.4 | 562.4 | 562.4 | ||||
| Implied Value Range | 2.31 | 2.73 | 3.15 | ||||
| FX Rate: CNY/CNY | 1.0 | 1.0 | 1.0 | Market Price | |||
| Implied Value Range (Trading Cur) | 2.31 | 2.73 | 3.15 | 4.23 | |||
| Upside / (Downside) | -45.5% | -35.5% | -25.4% | ||||
| Equity Waterfall | |||||||
| Benchmark Companies | |||||||
| (in millions) | 557 | 8 | 600561 | 603069 | DIDI.Y | 2682 | |
| Enterprise Value | 5,521 | 9,512 | 3,150 | 6,484 | 84,859 | 5,614 | |
| (+) Cash & Short Term Investments | 2,374 | 586 | 368 | 349 | 51,842 | 484 | |
| (+) Investments & Other | 0 | 1,481 | 66 | 3 | 17,713 | 18 | |
| (-) Debt | (5) | (4,081) | (1,702) | (818) | (12,658) | (3,573) | |
| (-) Other Liabilities | 0 | (82) | (226) | (5) | (118) | (163) | |
| (-) Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | |
| (-) Other | 0 | 0 | 0 | 0 | 0 | 0 | |
| Value of Common Equity | 7,890 | 7,416 | 1,656 | 6,013 | 141,639 | 2,379 | |
| (/) Shares Outstanding | 1,458.4 | 2,716.4 | 284.5 | 316.0 | 4,656.4 | 562.4 | |
| Implied Stock Price | 5.41 | 2.73 | 5.82 | 19.03 | 30.42 | 4.23 | |
| FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 7.31 | 1.00 | |
| Implied Stock Price (Trading Cur) | 5.41 | 2.73 | 5.82 | 19.03 | 4.16 | 4.23 | |
| Trading Currency | CNY | CNY | CNY | CNY | USD | CNY | |
| FX Rate to Reporting Currency | 1.00 | 1.00 | 1.00 | 1.00 | 7.31 | 1.00 | |