China Everbright Environment Group Ltd
HKEX:257

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China Everbright Environment Group Ltd
HKEX:257
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Price: 5.45 HKD -1.98% Market Closed
Market Cap: HK$33.5B

EV/OCF

13.9
Current
14%
Cheaper
vs 3-y average of 16.3

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
13.9
=
Enterprise Value
HK$95.4B
/
Operating Cash Flow
HK$6.8B

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
13.9
=
Enterprise Value
HK$95.4B
/
Operating Cash Flow
HK$6.8B

Valuation Scenarios

China Everbright Environment Group Ltd is trading below its 3-year average

If EV/OCF returns to its 3-Year Average (16.3), the stock would be worth HK$6.36 (17% upside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-47%
Maximum Upside
+17%
Average Downside
16%
Scenario EV/OCF Value Implied Price Upside/Downside
Current Multiple 13.9 HK$5.45
0%
3-Year Average 16.3 HK$6.36
+17%
5-Year Average 13.6 HK$5.33
-2%
Industry Average 9.5 HK$3.71
-32%
Country Average 7.4 HK$2.9
-47%

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
China Everbright Environment Group Ltd
HKEX:257
33.5B HKD 13.9 8.5
US
Waste Management Inc
NYSE:WM
92.5B USD 18.9 34.2
US
Republic Services Inc
NYSE:RSG
64.6B USD 18 30.2
CA
Waste Connections Inc
TSX:WCN
58.8B CAD 19.8 36.9
US
Rollins Inc
NYSE:ROL
27.2B USD 40.7 51.7
US
Veralto Corp
NYSE:VLTO
22B USD 20.2 23.4
UK
Rentokil Initial PLC
LSE:RTO
12.6B GBP 16 26.8
US
Clean Harbors Inc
NYSE:CLH
16.3B USD 20.5 41.1
CA
GFL Environmental Inc
TSX:GFL
19.8B CAD 20.5 5.1
CN
Spic Yuanda Environmental Protection Co Ltd
SSE:600292
69.3B CNY 103.8 19 123.8
US
Tetra Tech Inc
NASDAQ:TTEK
8.1B USD 16.9 23.2

Market Distribution

Higher than 74% of companies in Hong Kong
Percentile
74rd
Based on 1 314 companies
74rd percentile
13.9
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

China Everbright Environment Group Ltd
Glance View

In the bustling world of environmental services, China Everbright Environment Group Ltd. stands as a pivotal player, dynamically navigating the complex terrain of sustainable waste management and renewable energy. Embodying a vision where environmental protection aligns with economic viability, the company primarily delves into integrated projects across waste-to-energy, wastewater treatment, and environmental sanitation. Driven by innovative technologies, Everbright transforms waste into valuable resources, converting mountains of refuse into electricity. Its vast array of waste-to-energy plants serves as the lifeblood of its operations, generating revenue by selling the produced power and efficiently managing local governments’ waste challenges through long-term service agreements. The company’s success is further underpinned by its diversified portfolio that extends beyond waste management into the realms of biomass energy, hazardous waste treatment, and solar energy. By capitalizing on government incentives geared towards renewables and sustainability, China Everbright Environment leverages its strategic prowess in engineering and operational management. The strategic deployment of capital into cutting-edge projects and robust environmental services garners a consistent income stream. Its role in the burgeoning infrastructure of eco-friendly practices not only bolsters its bottom line but also reflects a commitment to shaping a more sustainable future, thereby reinforcing its standing as a leader in China's environmental protection sector.

Intrinsic Value
9.29 HKD
Undervaluation 41%
Intrinsic Value
Price HK$5.45
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