Inner Mongolia MengDian HuaNeng Thermal Power Corp Ltd
SSE:600863
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P/FCFE
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.
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.
Valuation Scenarios
If P/FCFE returns to its 3-Year Average (17.4), the stock would be worth ¥4.17 (10% downside from current price).
| Scenario | P/FCFE Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 19.3 | ¥4.64 |
0%
|
| 3-Year Average | 17.4 | ¥4.17 |
-10%
|
| 5-Year Average | 20.3 | ¥4.87 |
+5%
|
| Industry Average | 14.5 | ¥3.48 |
-25%
|
| Country Average | 26.4 | ¥6.34 |
+37%
|
Forward P/FCFE
Today’s price vs future free cash flow to equity
Peer Comparison
| Market Cap | P/FCFE | P/E | ||||
|---|---|---|---|---|---|---|
| CN |
I
|
Inner Mongolia MengDian HuaNeng Thermal Power Corp Ltd
SSE:600863
|
36.4B CNY | 19.3 | 17.3 | |
| US |
|
Vistra Corp
NYSE:VST
|
52.5B USD | 36.2 | 69.8 | |
| SA |
|
ACWA Power Co
SAU:2082
|
184.5B SAR | 122.6 | 99.6 | |
| IN |
|
Adani Power Ltd
NSE:ADANIPOWER
|
4.3T INR | 22 | 37.4 | |
| IN |
|
NTPC Ltd
NSE:NTPC
|
3.9T INR | 9.9 | 16 | |
| CN |
|
CGN Power Co Ltd
SZSE:003816
|
231.3B CNY | 8.2 | 24.4 | |
| CN |
|
China National Nuclear Power Co Ltd
SSE:601985
|
184.9B CNY | 46.1 | 22.4 | |
| TH |
G
|
Gulf Energy Development PCL
SET:GULF
|
859B THB | 65.5 | 40.2 | |
| DE |
|
Uniper SE
XETRA:UN0
|
17.2B EUR | -9.1 | 12.3 | |
| US |
|
Talen Energy Corp
NASDAQ:TLN
|
17B USD | 4.1 | -78.5 | |
| CN |
|
SDIC Power Holdings Co Ltd
SSE:600886
|
109.1B CNY | 6.9 | 16.7 |
Market Distribution
| Min | 0.2 |
| 30th Percentile | 13.7 |
| Median | 26.4 |
| 70th Percentile | 52.8 |
| Max | 2 279 450.9 |
Other Multiples
Inner Mongolia MengDian HuaNeng Thermal Power Corp Ltd
Glance View
In the vast stretches of China's northern territory, Inner Mongolia MengDian HuaNeng Thermal Power Corp Ltd stands as a formidable force within the energy sector. Established in a region rich with coal resources, the company capitalizes on its strategic locale to drive its primary operations in thermal power generation. Its business blueprint is straightforward yet profoundly impactful: employing coal – readily available in the region – for large-scale electricity production. This energy is then channeled into the expansive and ever-demanding power grids across China, where the company's output is crucial for fueling residential areas, burgeoning industries, and extensive manufacturing plants that drive China's economic dynamism. The company's revenue engine is fueled by this consistent demand for electricity, a commodity as essential as it is perennial. By harnessing and transforming coal into electricity, MengDian HuaNeng taps directly into the veins of China's economic growth narrative. As urbanization and industrial activities escalate, so does the hunger for power, and the company positions itself adeptly to satiate this appetite. Beyond mere power generation, it also partakes in energy trading, flexibly adapting pricing strategies to market fluctuations and regulatory frameworks, thus ensuring a stable financial performance while navigating the intricate landscape of China's energy policies and environmental stipulations.