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Tbea Co Ltd
SSE:600089

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Tbea Co Ltd
SSE:600089
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Price: 27.55 CNY -1.22% Market Closed
Market Cap: ¥139.2B

EV/EBITDA

22.1
Current
114%
More Expensive
vs 3-y average of 10.3

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
22.1
=
Enterprise Value
¥169B
/
EBITDA
¥7.5B

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
22.1
=
Enterprise Value
¥169B
/
EBITDA
¥7.5B

Valuation Scenarios

Tbea Co Ltd is trading above its 3-year average

If EV/EBITDA returns to its 3-Year Average (10.3), the stock would be worth ¥12.86 (53% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-63%
Maximum Upside
+125%
Average Upside
10%
Scenario EV/EBITDA Value Implied Price Upside/Downside
Current Multiple 22.1 ¥27.55
0%
3-Year Average 10.3 ¥12.86
-53%
5-Year Average 8.3 ¥10.29
-63%
Industry Average 49.8 ¥62.01
+125%
Country Average 28.8 ¥35.89
+30%

Forward EV/EBITDA
Today’s price vs future ebitda

Today's Enterprise Value EBITDA Forward EV/EBITDA
¥169B
/
Jan 2026
¥7.5B
=
22.1
Current
¥169B
/
Dec 2026
¥18.5B
=
9.1
Forward
¥169B
/
Dec 2027
¥22.3B
=
7.6
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
Tbea Co Ltd
SSE:600089
138.3B CNY 22.1 23.7
CN
Contemporary Amperex Technology Co Ltd
SZSE:300750
2T CNY 21.2 25.6
FR
Schneider Electric SE
PAR:SU
154B EUR 19.2 37
CH
Abb Ltd
SIX:ABBN
134.9B CHF 26.7 37.9
IE
Eaton Corporation PLC
NYSE:ETN
160.5B USD 27.2 39.3
US
Vertiv Holdings Co
NYSE:VRT
119.5B USD 53.5 87.6
US
Emerson Electric Co
NYSE:EMR
80.2B USD 16.6 34.7
KR
LG Energy Solution Ltd
KRX:373220
111.9T KRW 25.3 -104.9
JP
Fujikura Ltd
TSE:5803
9.9T JPY 50.4 68.8
US
AMETEK Inc
NYSE:AME
52.8B USD 22.7 35.7
US
Rockwell Automation Inc
NYSE:ROK
46.1B USD 32.2 46.3
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CN
Tbea Co Ltd
SSE:600089
Average EV/EBITDA: 28.8
22.1
N/A N/A
CN
Contemporary Amperex Technology Co Ltd
SZSE:300750
21.2
35%
0.6
FR
Schneider Electric SE
PAR:SU
19.2
12%
1.6
CH
Abb Ltd
SIX:ABBN
26.7
12%
2.2
IE
Eaton Corporation PLC
NYSE:ETN
27.2
15%
1.8
US
Vertiv Holdings Co
NYSE:VRT
53.5
33%
1.6
US
Emerson Electric Co
NYSE:EMR
16.6
8%
2.1
KR
LG Energy Solution Ltd
KRX:373220
25.3
30%
0.8
JP
Fujikura Ltd
TSE:5803
50.4
31%
1.6
US
AMETEK Inc
NYSE:AME
22.7
8%
2.8
US
Rockwell Automation Inc
NYSE:ROK
32.2
16%
2

Market Distribution

In line with most companies in China
Percentile
41th
Based on 5 409 companies
41th percentile
22.1
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

Tbea Co Ltd
Glance View

Market Cap
139.2B CNY
Industry
Electrical Equipment

TBEA Co., Ltd. stands as a pillar of innovation and strength in the global electrical equipment manufacturing landscape. Founded in China, the company has carved a significant niche for itself in the production of transformers and other high-tech power transmission equipment, an industry indispensable to modern infrastructure development. At the heart of TBEA's operations is its prowess in designing and manufacturing high-voltage and ultra-high-voltage transformers. These products are crucial for the efficient distribution of electricity, minimizing energy losses across vast distances and feeding the ever-growing demand for power in domestic and international markets. TBEA has leveraged its technical know-how and considerable manufacturing capacity to secure partnerships and projects in numerous countries, enhancing global power grid reliability and expansion. Beyond its core transformer business, TBEA has diversified its portfolio into areas such as solar energy, where it plays a key role in the development of photovoltaic technology. By tapping into the renewable energy sector, the company not only aligns with global trends toward sustainable development but also broadens its revenue streams in an increasingly eco-conscious world. TBEA's involvement ranges from the production of polysilicon, a material crucial to solar panel manufacturing, to offering comprehensive solar power solutions. This diversification exemplifies TBEA's strategic foresight in meeting the future energy needs of a cleaner, greener planet while securing its financial trajectory by entering synergistic markets that bolster its existing capabilities.

Intrinsic Value
17.31 CNY
Overvaluation 37%
Intrinsic Value
Price ¥27.55
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