COSCO Shipping Energy Transportation Co Ltd
SSE:600026

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COSCO Shipping Energy Transportation Co Ltd
SSE:600026
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Price: 21.45 CNY -2.05%
Market Cap: ¥117.2B

EV/EBITDA

25.8
Current
37%
More Expensive
vs 3-y average of 18.9

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
25.8
=
Enterprise Value
¥153.5B
/
EBITDA
¥5B

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
25.8
=
Enterprise Value
¥153.5B
/
EBITDA
¥5B

Valuation Scenarios

COSCO Shipping Energy Transportation Co Ltd is trading above its 3-year average

If EV/EBITDA returns to its 3-Year Average (18.9), the stock would be worth ¥15.71 (27% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-50%
Maximum Upside
+12%
Average Downside
24%
Scenario EV/EBITDA Value Implied Price Upside/Downside
Current Multiple 25.8 ¥21.45
0%
3-Year Average 18.9 ¥15.71
-27%
5-Year Average 17.5 ¥14.56
-32%
Industry Average 12.9 ¥10.76
-50%
Country Average 28.8 ¥23.98
+12%

Forward EV/EBITDA
Today’s price vs future ebitda

Today's Enterprise Value EBITDA Forward EV/EBITDA
¥153.5B
/
Jan 2026
¥5B
=
25.8
Current
¥153.5B
/
Dec 2026
¥15.5B
=
9.9
Forward
¥153.5B
/
Dec 2027
¥14.8B
=
10.4
Forward
¥153.5B
/
Dec 2028
¥12.4B
=
12.4
Forward

Forward EV/EBITDA shows whether today’s EV/EBITDA still looks high or low once future ebitda are taken into account.

Peer Comparison

All Multiples
EV/EBITDA
P/E
All Countries
Close
Market Cap EV/EBITDA P/E
CN
COSCO Shipping Energy Transportation Co Ltd
SSE:600026
117.2B CNY 25.8 27.8
CA
Enbridge Inc
TSX:ENB
154.6B CAD 15.1 22.2
US
Williams Companies Inc
NYSE:WMB
87.6B USD 17.1 33.5
US
Enterprise Products Partners LP
NYSE:EPD
81.8B USD 12 14.2
US
Kinder Morgan Inc
NYSE:KMI
70.6B USD 14.1 23.2
US
Energy Transfer LP
NYSE:ET
65.9B USD 8.9 15.8
CA
TC Energy Corp
TSX:TRP
85.5B CAD 15.1 25.5
US
MPLX LP
NYSE:MPLX
56.7B USD 10.8 11.6
US
ONEOK Inc
NYSE:OKE
54.9B USD 11.8 16.2
US
Cheniere Energy Inc
NYSE:LNG
54.1B USD 7.3 10.1
US
Targa Resources Corp
NYSE:TRGP
51.5B USD 14 28

Market Distribution

In line with most companies in China
Percentile
47th
Based on 5 409 companies
47th percentile
25.8
Low
0 — 16.3
Typical Range
16.3 — 53.1
High
53.1 —
Distribution Statistics
China
Min 0
30th Percentile 16.3
Median 28.8
70th Percentile 53.1
Max 49 021

COSCO Shipping Energy Transportation Co Ltd
Glance View

Market Cap
117.2B CNY
Industry
Energy

COSCO Shipping Energy Transportation Co Ltd, a cornerstone in the maritime transport sector, operates at the bustling intersection of China's burgeoning energy needs and the global demand for secure, efficient transport of hydrocarbons. Emerging from the expansive COSCO Shipping Corporation juggernaut, this subsidiary has honed its focus squarely on oil and liquefied natural gas (LNG) transportation. Armed with a formidable fleet of tankers, COSCO Shipping Energy deftly navigates the vast oceans, connecting the prolific oil fields of the Middle East, Africa, and South America with the ever-thirsty refineries of Asia and beyond. It capitalizes on long-term charter agreements with major oil companies and leverages spot market opportunities when advantageous, thus ensuring a steady revenue stream while cleverly hedging its operational risk. The company's blue-water fleet operates on the principles of scale and efficiency, facilitating the vast movement of crude oil and LNG, commodities central to fueling global industry and development. By optimizing logistics, COSCO Shipping Energy secures lucrative contracts and maximizes vessel utilization, all while adhering to stringent global safety and environmental standards. Their strategic positioning offers resilience against market volatility, with diversification across varying shipping lanes and cargo types. As the world pivots towards sustainability, COSCO Shipping Energy Transportation is no stranger to innovation, incorporating eco-friendly technologies and pursuing greener avenues, navigating the delicate balance between profitability and environmental stewardship in an ever-changing maritime landscape.

Intrinsic Value
19.54 CNY
Overvaluation 9%
Intrinsic Value
Price ¥21.45
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