China Tower Corp Ltd
OTC:CHWRF
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EV/OCF
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.
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.
Valuation Scenarios
If EV/OCF returns to its 3-Year Average (4.8), the stock would be worth $1.2 (0% downside from current price).
| Scenario | EV/OCF Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 4.8 | $1.2 |
0%
|
| 3-Year Average | 4.8 | $1.2 |
0%
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| 5-Year Average | 4.4 | $1.1 |
-9%
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| Industry Average | 4.3 | $1.08 |
-10%
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| Country Average | 20.8 | $5.19 |
+333%
|
Forward EV/OCF
Today’s price vs future operating cash flow
Peer Comparison
| Market Cap | EV/OCF | P/E | ||||
|---|---|---|---|---|---|---|
| CN |
|
China Tower Corp Ltd
OTC:CHWRF
|
197.3B USD | 4.8 | 14.9 | |
| US |
|
Verizon Communications Inc
NYSE:VZ
|
193.9B USD | 8.6 | 11.6 | |
| US |
|
AT&T Inc
NYSE:T
|
182.8B USD | 7.3 | 8.6 | |
| DE |
|
Deutsche Telekom AG
XETRA:DTE
|
133.2B EUR | 6.1 | 13.9 | |
| CN |
|
China Telecom Corp Ltd
SSE:601728
|
542.6B CNY | 3.8 | 16.4 | |
| JP |
|
Nippon Telegraph and Telephone Corp
TSE:9432
|
12.5T JPY | 8.5 | 11.6 | |
| SG |
|
Singapore Telecommunications Ltd
SGX:Z74
|
78.9B SGD | 16.3 | 12.5 | |
| FR |
|
Orange SA
PAR:ORA
|
47.7B EUR | 6.8 | 88.6 | |
| SA |
|
Saudi Telecom Company SJSC
SAU:7010
|
189.1B SAR | 10.2 | 12.8 | |
| CH |
|
Swisscom AG
SIX:SCMN
|
34B CHF | 7.9 | 27 | |
| AU |
T
|
Telstra Group Ltd
F:5KB
|
36.7B EUR | 9.8 | 27 |
Market Distribution
| Min | 0 |
| 30th Percentile | 11.5 |
| Median | 20.8 |
| 70th Percentile | 39.2 |
| Max | 266 666.7 |
Other Multiples
China Tower Corp Ltd
Glance View
In the vast landscape of China's telecommunications sector, China Tower Corporation Limited stands as a towering figure both literally and figuratively. Born out of a strategic initiative in 2014, the company was established through a merger of the tower assets of China Mobile, China Unicom, and China Telecom. This consolidation aimed to streamline operations, reduce redundant infrastructure, and allow the big three telecom operators to focus more keenly on their core services, thereby enhancing connectivity across the nation. Headquartered in Beijing, China Tower has evolved into the world's largest telecommunications tower infrastructure service provider. They offer a robust foundation for the country's communication networks by managing and operating an extensive portfolio of more than a million tower sites across China, effectively enabling seamless connectivity from the bustling urban centers to the quiet rural areas. China Tower's business model thrives on a simple but powerful principle: renting out its towers and related infrastructure to telecommunications providers and other industries that require network access. By leveraging economies of scale, China Tower provides these leasing services efficiently, generating a steady stream of rental income. Beyond just renting space to telecom companies, China Tower has diversified its business by offering more innovative solutions like indoor distributed antenna systems and cross-industry site application services. These initiatives capitalize on the growing demand for mobile internet and 5G services, thereby anchoring its role as a pivotal player in China's digital transformation. As it embeds itself deeper into the industrial fabric of the nation, China Tower continues to lay the groundwork for a hyper-connected future, bolstering its revenue model through strategic partnerships and a commitment to technological advancement.