CK Infrastructure Holdings Ltd
HKEX:1038

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CK Infrastructure Holdings Ltd
HKEX:1038
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Price: 66.55 HKD 0.68% Market Closed
Market Cap: HK$167.7B

EV/OCF

81.4
Current
29%
More Expensive
vs 3-y average of 63.1

Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.

EV/OCF
81.4
=
Enterprise Value
HK$175.5B
/
Operating Cash Flow
HK$2.2B

Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.

EV/OCF
81.4
=
Enterprise Value
HK$175.5B
/
Operating Cash Flow
HK$2.2B

Valuation Scenarios

CK Infrastructure Holdings Ltd is trading above its 3-year average

If EV/OCF returns to its 3-Year Average (63.1), the stock would be worth HK$51.55 (23% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-91%
Maximum Upside
No Upside Scenarios
Average Downside
60%
Scenario EV/OCF Value Implied Price Upside/Downside
Current Multiple 81.4 HK$66.55
0%
3-Year Average 63.1 HK$51.55
-23%
5-Year Average 48.6 HK$39.72
-40%
Industry Average 11.2 HK$9.18
-86%
Country Average 7.4 HK$6.06
-91%

Forward EV/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward EV/OCF

Peer Comparison

All Multiples
EV/OCF
P/E
All Countries
Close
Market Cap EV/OCF P/E
HK
CK Infrastructure Holdings Ltd
HKEX:1038
167.7B HKD 81.4 20.5
US
Nextera Energy Inc
NYSE:NEE
198.7B USD 24.1 24.3
ES
Iberdrola SA
MAD:IBE
128.8B EUR 14.6 20.5
IT
Enel SpA
MIL:ENEL
99.2B EUR 11 23.3
US
Constellation Energy Corp
NASDAQ:CEG
113.6B USD 28 42.2
US
Southern Co
NYSE:SO
102.7B USD 17.3 23.7
US
Duke Energy Corp
NYSE:DUK
99B USD 14.7 20.2
US
American Electric Power Company Inc
NASDAQ:AEP
72.9B USD 17.1 20.4
FR
Electricite de France SA
PAR:EDF
46.6B EUR -7.3 -2.5
US
Entergy Corp
NYSE:ETR
51.4B USD 15.4 29.2
US
Xcel Energy Inc
NASDAQ:XEL
49.4B USD 20.5 24.5

Market Distribution

Higher than 93% of companies in Hong Kong
Percentile
93nd
Based on 1 314 companies
93nd percentile
81.4
Low
0 — 4
Typical Range
4 — 12.2
High
12.2 —
Distribution Statistics
Hong Kong
Min 0
30th Percentile 4
Median 7.4
70th Percentile 12.2
Max 20 343.5

CK Infrastructure Holdings Ltd
Glance View

Market Cap
167.7B HKD
Industry
Utilities

Nestled within the bustling landscape of diversified global enterprises, CK Infrastructure Holdings Ltd. (CKI) stands as a master orchestrator in the realm of infrastructure investments. The company operates with the precision of a symphony conductor, bringing together a harmonious blend of utilities, transportation, and energy investments across the globe. Founded as part of the sprawling CK Hutchison Holdings conglomerate, CKI leverages the stability and experience of a goliath while maintaining its distinct business character. The underlying mechanism driving CKI's operations is a careful selection of infrastructure assets that tend to deliver stable and predictable cash flows—whether it be through its robust energy networks in the UK or its water supply systems in Australia, CKI thrives on essential services that keep modern society functioning smoothly. In its quest for continual growth, CKI adopts a unique approach, identifying strategic acquisition opportunities in mature, stable markets. This commitment to expanding its portfolio is evident in its stakeholdings in a string of infrastructure jewels, including electricity grids, waste management services, and transportation hubs. The company earns revenue by collecting fees and providing services tied to these critical infrastructure functions, ensuring a steady stream of income largely insulated from the volatility of broader economic cycles. By navigating the avenues of regulated industries and long-term concessions, CKI enables itself to secure dependable returns. This strategy not only solidifies its financial standing amidst global uncertainties but also enhances its reputation as a dependable player in the infrastructure domain. Through a combination of strategic investments and operational excellence, CKI crafts a narrative of resilience and growth, underscoring its role as a pillar of infrastructure sustainability around the globe.

Intrinsic Value
29.66 HKD
Overvaluation 55%
Intrinsic Value
Price HK$66.55
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