Shenzhen Expressway Corp Ltd
SSE:600548

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Shenzhen Expressway Corp Ltd
SSE:600548
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Price: 8.95 CNY -0.56% Market Closed
Market Cap: ¥19.5B

P/OCF

4.2
Current
24%
Cheaper
vs 3-y average of 5.5

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
4.2
=
Market Cap
¥20.1B
/
Operating Cash Flow
¥4.6B

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
4.2
=
Market Cap
¥20.1B
/
Operating Cash Flow
¥4.6B

Valuation Scenarios

Shenzhen Expressway Corp Ltd is trading below its 3-year average

If P/OCF returns to its 3-Year Average (5.5), the stock would be worth ¥11.73 (31% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+332%
Average Upside
120%
Scenario P/OCF Value Implied Price Upside/Downside
Current Multiple 4.2 ¥8.95
0%
3-Year Average 5.5 ¥11.73
+31%
5-Year Average 5.4 ¥11.44
+28%
Industry Average 7.9 ¥16.85
+88%
Country Average 18.3 ¥38.71
+332%

Forward P/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward P/OCF

Peer Comparison

All Multiples
P/OCF
P/E
All Countries
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Market Distribution

Lower than 88% of companies in China
Percentile
12th
Based on 6 232 companies
12th percentile
4.2
Low
0.2 — 9.8
Typical Range
9.8 — 36.5
High
36.5 —
Distribution Statistics
China
Min 0.2
30th Percentile 9.8
Median 18.3
70th Percentile 36.5
Max 266 666.7

Shenzhen Expressway Corp Ltd
Glance View

In the bustling economic landscape of China, Shenzhen Expressway Corp Ltd. emerges as a crucial player, weaving critical infrastructure into the tapestry of rapid urbanization. Founded in 1996 and headquartered in Shenzhen, the company operates with the precision of a well-oiled machine, focusing primarily on the investment, construction, operation, and management of toll highways and roads. As China’s cities expand and the demand for efficient transportation networks grows, Shenzhen Expressway positions itself as a linchpin in this development. By managing vital expressway corridors, the company accrues income primarily through toll fees, a revenue stream that thrives on both the intensity of vehicular traffic and strategic locations of its road networks. Beyond mere road management, Shenzhen Expressway is continually exploring new avenues such as environmental protection, urban development, and financial investments, diversifying its portfolio like a savvy investor balancing risk and opportunity. Notably, its foray into green projects reflects a keen awareness of evolving regulatory landscapes and public sentiment toward sustainability. These diverse ventures not only amplify its revenue potential but also buffer the company against the inherent volatility of infrastructure investments. By deftly navigating the intersections of growth, sustainability, and strategic management, Shenzhen Expressway Corp Ltd. asserts itself as a significant entity in China's economic infrastructure, constantly adapting to meet the demands of an ever-evolving market.

Intrinsic Value
13.83 CNY
Undervaluation 35%
Intrinsic Value
Price ¥8.95
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