Brilliance China Automotive Holdings Ltd
HKEX:1114

Watchlist Manager
Brilliance China Automotive Holdings Ltd Logo
Brilliance China Automotive Holdings Ltd
HKEX:1114
Watchlist
Price: 2.71 HKD -3.56% Market Closed
Market Cap: HK$13.7B

P/FCFE

63.7
Current
576%
Cheaper
vs 3-y average of -13.4

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
63.7
=
Market Cap
HK$14.3B
/
Free Cash Flow to Equity
¥203.1m

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
63.7
=
Market Cap
HK$14.3B
/
Free Cash Flow to Equity
¥203.1m

Valuation Scenarios

Brilliance China Automotive Holdings Ltd is trading above its industry average

If P/FCFE returns to its Industry Average (7.3), the stock would be worth HK$0.31 (89% downside from current price).

Statistics
Positive Scenarios
0/2
Maximum Downside
-89%
Maximum Upside
No Upside Scenarios
Average Downside
83%
Scenario P/FCFE Value Implied Price Upside/Downside
Current Multiple 63.7 HK$2.71
0%
Industry Average 7.3 HK$0.31
-89%
Country Average 13.9 HK$0.59
-78%

Forward P/FCFE
Today’s price vs future free cash flow to equity

Not enough data available to calculate forward P/FCFE

Peer Comparison

All Multiples
P/FCFE
P/E
All Countries
Close
Market Cap P/FCFE P/E
HK
Brilliance China Automotive Holdings Ltd
HKEX:1114
13.7B HKD 63.7 6.5
US
Tesla Inc
NASDAQ:TSLA
1.5T USD 173.8 380
JP
Toyota Motor Corp
TSE:7203
39.1T JPY 215.9 10.6
CN
BYD Co Ltd
SZSE:002594
938.9B CNY 44.9 34.9
KR
Hyundai Motor Co
KRX:005380
139.5T KRW -53.9 14.8
DE
Mercedes Benz Group AG
MIL:MBG
75.3B EUR 10.5 4.9
DE
Daimler AG
XETRA:DAI
67.5B EUR -401.7 3.7
US
General Motors Co
NYSE:GM
68.5B USD -10 21.5
IT
Ferrari NV
MIL:RACE
56.9B EUR 59 35.5
DE
Mercedes-Benz Group AG
XETRA:MBG
47.5B EUR 18.2 9.7
DE
Bayerische Motoren Werke AG
XETRA:BMW
47.3B EUR 15.4 6.5

Market Distribution

Higher than 89% of companies in Hong Kong
Percentile
89th
Based on 1 043 companies
89th percentile
63.7
Low
0.3 — 7.1
Typical Range
7.1 — 22.8
High
22.8 —
Distribution Statistics
Hong Kong
Min 0.3
30th Percentile 7.1
Median 13.9
70th Percentile 22.8
Max 11 983

Brilliance China Automotive Holdings Ltd
Glance View

Market Cap
13.7B HKD
Industry
Automobiles

Brilliance China Automotive Holdings Ltd. stands as a significant player in the Chinese automotive industry landscape, weaving a compelling tale of strategic partnerships and domestic market prowess. Primarily known for its successful joint venture with Germany's BMW, Brilliance China's core operations revolve around the manufacturing and distribution of automobiles. The company's collaboration with BMW allows it to produce luxury vehicles tailored for the Chinese market, leveraging BMW's engineering capabilities and brand prestige. This joint venture is a symbiotic relationship where Brilliance benefits from technological advancements and global brand recognition, while BMW gains deeper penetration into China, the world's largest automotive market. By aligning local expertise with international standards, Brilliance ensures a steady revenue stream through the sale of premium vehicles, particularly appealing to the burgeoning middle and upper classes in China. Beyond its high-profile partnership with BMW, Brilliance also manufactures and markets its line of vehicles under the Jinbei and Brilliance brands. These offerings primarily cater to budget-conscious domestic consumers, focusing on affordability and functionality. The company’s diverse portfolio includes a range of sedans, minibusses, and commercial vehicles, which are strategically positioned to meet various consumer demands across China’s fast-evolving automotive market. Revenues are generated through both vehicle sales and a comprehensive network of service offerings, which include after-sales maintenance and spare parts supply. By balancing its premium incentives from the BMW partnership with the expansive reach of its proprietary brands, Brilliance effectively captures value from different segments of the market, maneuvering adeptly within a highly competitive industry.

Intrinsic Value
1.36 HKD
Overvaluation 50%
Intrinsic Value
Price HK$2.71
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett