Valuation Daqin Railway Co., Ltd.

Equities

End-of-day quote Shanghai S.E. Other stock markets 18/09/2024			5-day change	1st Jan Change
5.990 ^CNY	+1.18%		+1.87%	-16.92%

09-06	Cargo Transportation Volume of Daqin Railway's Core Operating Asset Slips 10% in August	MT
08-29	Daqin Railway's H1 Profit Slides 22%; Shares Fall 7%	MT

Fiscal Period: Dezember	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	122,056	96,039	95,148	99,311	110,828	108,728	-	-
Change	-	-21.32%	-0.93%	4.38%	11.6%	-1.89%	-	-
Enterprise Value (EV) ¹	116,418	81,465	78,817	79,100	80,850	67,666	78,013	70,070
Change	-	-30.02%	-3.25%	0.36%	2.21%	-16.31%	15.29%	-10.18%
P/E ratio	8.92x	8.97x	9.28x	11x	10.6x	10.5x	9.92x	9.36x
PBR	1.07x	0.79x	0.79x	0.79x	0.84x	0.72x	0.7x	0.68x
PEG	-	-0.4x	-2.23x	-0.9x	0.9x	-0.7x	1.73x	1.57x
Capitalization / Revenue	1.53x	1.33x	1.21x	1.31x	1.37x	1.39x	1.34x	1.3x
EV / Revenue	1.46x	1.13x	1x	1.04x	1x	0.87x	0.96x	0.84x
EV / EBITDA	4.26x	3.57x	3.41x	3.6x	3.52x	3.54x	3.78x	3.33x
EV / EBIT	5.83x	5.17x	4.33x	4.68x	4.52x	4.28x	4.59x	4.01x
EV / FCF	11.8x	7.69x	5.12x	8.71x	8.06x	-3.72x	5.27x	5.94x
FCF Yield	8.46%	13%	19.5%	11.5%	12.4%	-26.9%	19%	16.8%
Dividend per Share ²	0.48	0.48	0.48	0.48	0.44	0.3305	0.3438	0.3461
Rate of return	5.85%	7.43%	7.5%	7.19%	6.1%	5.52%	5.74%	5.78%
EPS ²	0.92	0.72	0.69	0.61	0.68	0.571	0.6038	0.6398
Distribution rate	52.2%	66.7%	69.6%	78.7%	64.7%	57.9%	56.9%	54.1%
Net sales ¹	79,917	72,322	78,682	75,758	81,020	78,045	81,262	83,481
EBITDA ¹	27,306	22,800	23,084	21,951	22,977	19,108	20,646	21,034
EBIT ¹	19,975	15,750	18,212	16,901	17,872	15,813	17,004	17,479
Net income ¹	13,669	10,896	12,181	11,196	11,930	10,289	11,290	11,979
Net Debt ¹	-5,639	-14,575	-16,331	-20,211	-29,978	-41,062	-30,715	-38,659
Reference price ²	8.210	6.460	6.400	6.680	7.210	5.990	5.990	5.990
Nbr of stocks (in thousands)	14,866,791	14,866,791	14,866,897	14,866,942	15,371,394	18,151,650	-	-
Announcement Date	28/04/20	26/04/21	27/04/22	26/04/23	26/04/24	-	-	-

¹CNY in Million²CNY

Estimates

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E ratio	EV / Sales	EV / EBITDA	Yield (Y)	Capi. ($)
DAQIN RAILWAY CO., LTD.	10.37x	0.85x	3.47x	+5.58%	15.15B
UNION PACIFIC CORPORATION	22.77x	7.58x	15.04x	+2.06%	154B
CSX CORPORATION	17.66x	5.57x	11.35x	+1.37%	66.05B
NORFOLK SOUTHERN CORPORATION	25.19x	5.9x	13.14x	+2.20%	55.67B
GMÉXICO TRANSPORTES, S.A.B. DE C.V.	12.66x	2.39x	5.52x	+6.68%	7.39B
CONTAINER CORPORATION OF INDIA LIMITED	41.08x	5.39x	24.19x	+1.36%	6.87B
FTAI INFRASTRUCTURE INC.	-5.34x	-	-	+1.28%	983M
CHINA RAILWAY TIELONG CONTAINER LOGISTICS CO., LTD	14.76x	0.37x	4.82x	+1.45%	944M
Average	17.39x	4.01x	11.08x	+2.75%	38.44B
Weighted average by Cap.	21.55x	6.31x	13.27x	+2.20%