Fujian Expressway Development Co Ltd
SSE:600033
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EV/S
Enterprise Value to Sales (EV/S) ratio compares a company`s total enterprise value to its revenue. It shows how much investors are paying for each dollar of the company`s sales, including both equity and debt.
Enterprise Value to Sales (EV/S) ratio compares a company`s total enterprise value to its revenue. It shows how much investors are paying for each dollar of the company`s sales, including both equity and debt.
Valuation Scenarios
If EV/S returns to its 3-Year Average (2.9), the stock would be worth ¥4.09 (14% upside from current price).
| Scenario | EV/S Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 2.5 | ¥3.59 |
0%
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| 3-Year Average | 2.9 | ¥4.09 |
+14%
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| 5-Year Average | 2.8 | ¥4.03 |
+12%
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| Industry Average | 3.6 | ¥5.12 |
+43%
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| Country Average | 3.3 | ¥4.68 |
+30%
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Forward EV/S
Today’s price vs future revenue
| Today's Enterprise Value | Revenue | Forward EV/S | ||
|---|---|---|---|---|
|
¥8B
|
/ |
Jan 2026
¥3B
|
= |
|
|
¥8B
|
/ |
Dec 2026
¥3.2B
|
= |
|
|
¥8B
|
/ |
Dec 2027
¥3.4B
|
= |
|
Forward EV/S shows whether today’s EV/S still looks high or low once future revenue are taken into account.
Peer Comparison
| Market Cap | EV/S | P/E | ||||
|---|---|---|---|---|---|---|
| CN |
|
Fujian Expressway Development Co Ltd
SSE:600033
|
9.9B CNY | 2.5 | 10.4 | |
| AU |
|
Transurban Group
ASX:TCL
|
43.3B AUD | 15.8 | 90.8 | |
| IT |
A
|
Atlantia SpA
F:AU9
|
18.7B EUR | 3.1 | 2.7 | |
| FR |
|
Getlink SE
PAR:GET
|
10.4B EUR | 8.6 | 32.4 | |
| CN |
|
China Merchants Expressway Network Technology Holdings Co Ltd
SZSE:001965
|
63.5B CNY | 8 | 14.3 | |
| CN |
|
Jiangsu Expressway Co Ltd
SSE:600377
|
61.2B CNY | 4.4 | 13.2 | |
| MX |
|
Aleatica SAB de CV
BMV:ALEATIC
|
142B MXN | 3.6 | 7.3 | |
| CN |
|
Shandong Hi-speed Co Ltd
SSE:600350
|
53B CNY | 4.9 | 20.1 | |
| MX |
|
Promotora y Operadora de Infraestructura SAB de CV
BMV:PINFRA
|
123.6B MXN | 4.7 | 8.5 | |
| BR |
|
Motiva Infraestrutura de Mobilidade SA
BOVESPA:MOTV3
|
33.1B BRL | 3.2 | 10.1 | |
| CN |
Z
|
Zhejiang Expressway Co Ltd
HKEX:576
|
45.6B HKD | 1.9 | 7.4 |
Market Distribution
| Min | 0 |
| 30th Percentile | 1.7 |
| Median | 3.3 |
| 70th Percentile | 6.2 |
| Max | 5 034 353.9 |
Other Multiples
Fujian Expressway Development Co Ltd
Glance View
Fujian Expressway Development Co. Ltd. is a quintessential example of how infrastructure companies play a pivotal role in modernizing a region’s transportation network. Nestled in the rapidly developing Fujian province of China, this enterprise is instrumental in constructing, operating, and maintaining the expressway network in the area. The company’s business model revolves around the strategic partnership between government initiatives and its operational frameworks, enhancing connectivity across key metropolitan and rural areas. By employing cutting-edge engineering techniques and adhering to stringent safety standards, Fujian Expressway ensures the seamless flow of traffic essential for economic vibrancy and regional development. Revenue for Fujian Expressway Development Co. primarily stems from toll collection, a business foundation built on significant upfront capital investments and robust traffic volume. The steady growth in vehicle ownership in China, coupled with burgeoning trade activities, acts as a catalyst for consistent toll income, providing a reliable revenue stream. Additionally, embedded within its long-term strategy is the diversification into ancillary services like roadside amenities and logistics facilitation, further enhancing profitability and shareholder value. As the region continues to develop, Fujian Expressway remains poised to capture increased traffic flow, thereby playing a crucial role in supporting the infrastructure backbone of China’s economic progress.