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Jiangsu Expressway Co Ltd
SSE:600377

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Jiangsu Expressway Co Ltd
SSE:600377
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Price: 12.3 CNY 0.65% Market Closed
Market Cap: ¥62B

P/FCFE

271.4
Current
5 730%
More Expensive
vs 3-y average of 4.7

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
271.4
=
Market Cap
¥62B
/
Free Cash Flow to Equity
¥228.3m

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
271.4
=
Market Cap
¥62B
/
Free Cash Flow to Equity
¥228.3m

Valuation Scenarios

Jiangsu Expressway Co Ltd is trading above its 3-year average

If P/FCFE returns to its 3-Year Average (4.7), the stock would be worth ¥0.21 (98% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-98%
Maximum Upside
No Upside Scenarios
Average Downside
95%
Scenario P/FCFE Value Implied Price Upside/Downside
Current Multiple 271.4 ¥12.3
0%
3-Year Average 4.7 ¥0.21
-98%
5-Year Average 6.8 ¥0.31
-98%
Industry Average 11.2 ¥0.51
-96%
Country Average 26.4 ¥1.2
-90%

Forward P/FCFE
Today’s price vs future free cash flow to equity

Not enough data available to calculate forward P/FCFE

Peer Comparison

All Multiples
P/FCFE
P/E
All Countries
Close

Market Distribution

Higher than 93% of companies in China
Percentile
93nd
Based on 5 086 companies
93nd percentile
271.4
Low
0.2 — 13.7
Typical Range
13.7 — 52.8
High
52.8 —
Distribution Statistics
China
Min 0.2
30th Percentile 13.7
Median 26.4
70th Percentile 52.8
Max 2 279 450.9

Jiangsu Expressway Co Ltd
Glance View

Jiangsu Expressway Co Ltd, a commanding presence in China's infrastructure domain, has carved a narrative that intertwines modernization with strategic acumen. Born from the dynamic economic landscape of Jiangsu Province, a region synonymous with industrial prowess and connectivity, the company was established to harness and cultivate the region's rapid urbanization. Focusing primarily on the development, operation, and management of expressways and toll roads, Jiangsu Expressway ensures seamless transportation channels integral for bolstering economic activities. The company's hallmark project is the pivotal Nanjing-means Shanghai expressway, a critical artery that enhances mobility between two major economic powerhouses. Renowned for its efficient and technologically advanced operations, the company ensures smooth traffic flow while minimizing congestion, thus supporting the broader regional economic ecosystem. The financial lifeblood of Jiangsu Expressway is its toll collection, which serves as the primary revenue stream. Each vehicle passing through its arterial roads contributes to revenue, translating into a robust and consistent cash flow model. This revenue is complemented by subsidiary operations in advertising, ancillary services at service stations, and investments in related transport infrastructure projects. Diversification efforts have seen the company venture into real estate and insurance, although expressway tolls remain its core. By focusing on strategic innovations and maintaining high operational standards, Jiangsu Expressway Co Ltd consistently enhances shareholder value while playing a pivotal role in China's infrastructural expansion, a narrative fueled by economic foresight and infrastructural expertise.

Intrinsic Value
11.21 CNY
Overvaluation 9%
Intrinsic Value
Price ¥12.3
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