Company Valuation: Daqin Railway Co., Ltd.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 96,039 95,148 99,311 110,828 123,790 102,146 102,146 -
Change - -0.93% 4.38% 11.6% 11.7% -17.48% 0% -
Enterprise Value (EV) 1 81,465 78,817 79,100 80,850 81,555 69,723 74,847 66,578
Change - -3.25% 0.36% 2.21% 0.87% -14.51% 7.35% -11.05%
P/E ratio 8.97x 9.28x 11x 10.6x 13.6x 14.1x 11.9x 12.6x
PBR 0.79x 0.79x 0.79x 0.84x 0.82x 0.64x 0.6x 0.6x
PEG - -2.23x -0.9x 0.9x -0.5x -0.5x 0.7x -2.34x
Capitalization / Revenue 1.33x 1.21x 1.31x 1.37x 1.66x 1.34x 1.29x 1.27x
EV / Revenue 1.13x 1x 1.04x 1x 1.09x 0.91x 0.94x 0.83x
EV / EBITDA 3.57x 3.41x 3.6x 3.52x 4.31x 4.78x 4.85x 4x
EV / EBIT 5.17x 4.33x 4.68x 4.52x 6.08x 7.58x 6.5x 5.79x
EV / FCF 7.69x 5.12x 8.71x 8.06x 16.7x -4.58x 11.3x 9.05x
FCF Yield 13% 19.5% 11.5% 12.4% 5.98% -21.8% 8.84% 11.1%
Dividend per Share 2 0.48 0.48 0.48 0.44 0.14 0.2113 0.252 0.2316
Rate of return 7.43% 7.5% 7.19% 6.1% 2.06% 4.17% 4.97% 4.57%
EPS 2 0.72 0.69 0.61 0.68 0.5 0.3606 0.425 0.4021
Distribution rate 66.7% 69.6% 78.7% 64.7% 28% 58.6% 59.3% 57.6%
Net sales 1 72,322 78,682 75,758 81,020 74,627 76,317 79,413 80,352
EBITDA 1 22,800 23,084 21,951 22,977 18,925 14,577 15,434 16,645
EBIT 1 15,750 18,212 16,901 17,872 13,421 9,203 11,520 11,489
Net income 1 10,896 12,181 11,196 11,930 9,039 7,284 8,307 8,315
Net Debt 1 -14,575 -16,331 -20,211 -29,978 -42,236 -32,423 -27,299 -35,568
Reference price 2 6.460 6.400 6.680 7.210 6.780 5.070 5.070 5.070
Nbr of stocks (in thousands) 14,866,791 14,866,897 14,866,942 15,371,394 18,258,176 20,147,178 20,147,178 -
Announcement Date 26/04/21 27/04/22 26/04/23 26/04/24 29/04/25 - - -
1CNY in Million2CNY
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
14.06x0.91x4.78x4.17% 14.72B
20.37x7x13.42x2.2% 150B
25.63x6.65x14.53x1.28% 75.62B
24.11x6.88x14.97x1.76% 68.78B
29.34x3.77x17.09x2.04% 4.28B
14.64x2.76x6.62x5.51% 4.25B
Average 21.36x 4.66x 11.90x 2.83% 52.93B
Weighted average by Cap. 22.18x 6.51x 13.58x 2.02%
See all sector valuations

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

  1. Stock Market
  2. Equities
  3. 601006 Stock
  4. Valuation Daqin Railway Co., Ltd.