Fujian Expressway Development Co Ltd
SSE:600033

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Fujian Expressway Development Co Ltd
SSE:600033
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Price: 3.59 CNY -0.55% Market Closed
Market Cap: ¥9.9B

EV/S

2.5
Current
12%
Cheaper
vs 3-y average of 2.9

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.

EV/S
2.5
=
Enterprise Value
¥8B
/
Revenue
¥3B

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.

EV/S
2.5
=
Enterprise Value
¥8B
/
Revenue
¥3B

Valuation Scenarios

Fujian Expressway Development Co Ltd is trading below its 3-year average

If EV/S returns to its 3-Year Average (2.9), the stock would be worth ¥4.09 (14% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+43%
Average Upside
25%
Scenario EV/S Value Implied Price Upside/Downside
Current Multiple 2.5 ¥3.59
0%
3-Year Average 2.9 ¥4.09
+14%
5-Year Average 2.8 ¥4.03
+12%
Industry Average 3.6 ¥5.12
+43%
Country Average 3.3 ¥4.68
+30%

Forward EV/S
Today’s price vs future revenue

Today's Enterprise Value Revenue Forward EV/S
¥8B
/
Jan 2026
¥3B
=
2.5
Current
¥8B
/
Dec 2026
¥3.2B
=
2.5
Forward
¥8B
/
Dec 2027
¥3.4B
=
2.4
Forward

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

Peer Comparison

All Multiples
EV/S
P/E
All Countries
Close

Market Distribution

In line with most companies in China
Percentile
41th
Based on 7 593 companies
41th percentile
2.5
Low
0 — 1.7
Typical Range
1.7 — 6.2
High
6.2 —
Distribution Statistics
China
Min 0
30th Percentile 1.7
Median 3.3
70th Percentile 6.2
Max 5 034 353.9

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.

Intrinsic Value
5.86 CNY
Undervaluation 39%
Intrinsic Value
Price ¥3.59
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