F

First Tractor Co Ltd
SSE:601038

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First Tractor Co Ltd
SSE:601038
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Price: 14.52 CNY 0.07% Market Closed
Market Cap: ¥16.3B

Relative Value

The Relative Value of one First Tractor Co Ltd stock under the Base Case scenario is 12.26 CNY. Compared to the current market price of 14.52 CNY, First Tractor Co Ltd is Overvalued by 16%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

Relative Value
Base Case
12.26 CNY
Overvaluation 16%
Relative Value
Price
F
Worst Case
Base Case
Best Case

Multiples Across Competitors

Competitors Multiples
First Tractor Co Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CN
First Tractor Co Ltd
SSE:601038
16.3B CNY 1.5 19.8 25.4 25.4
US
Deere & Co
NYSE:DE
141.7B USD 3.1 28.2 15.9 19.6
JP
Kubota Corp
TSE:6326
2.7T JPY 0.9 15.5 9.7 14.5
UK
CNH Industrial NV
MIL:CNHI
14.6B EUR 0.7 7.7 8.4 10
US
Toro Co
NYSE:TTC
8.8B USD 2 28.1 15 19.3
US
AGCO Corp
NYSE:AGCO
8.5B USD 0.8 22.5 10.5 15.8
IN
Captain Polyplast Ltd
BSE:536974
491.8B INR 154.6 2 412.7 1 386.4 1 493.6
IN
Escorts Kubota Ltd
NSE:ESCORTS
369.8B INR 3.5 15.9 22.9 28.2
SE
Husqvarna AB
STO:HUSQ B
25.8B SEK 0.6 18.5 13.4 13.4
IT
Comer Industries SpA
MIL:COM
1.5B EUR 1.7 24.8 10.6 17.4
CN
Xinjiang Machinery Research Institute Co Ltd
SZSE:300159
10.3B CNY 16.8 -26.9 -59.9 -59.9
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CN
F
First Tractor Co Ltd
SSE:601038
Average EV/EBITDA: 151.8
25.4
22%
1.2
US
Deere & Co
NYSE:DE
15.9
-4%
N/A
JP
Kubota Corp
TSE:6326
9.7
0%
N/A
UK
CNH Industrial NV
MIL:CNHI
8.4
N/A N/A
US
Toro Co
NYSE:TTC
15
10%
1.5
US
AGCO Corp
NYSE:AGCO
10.5
3%
3.5
IN
Captain Polyplast Ltd
BSE:536974
1 386.4
N/A N/A
IN
Escorts Kubota Ltd
NSE:ESCORTS
22.9
16%
1.4
SE
Husqvarna AB
STO:HUSQ B
13.4
10%
1.3
IT
Comer Industries SpA
MIL:COM
10.6
9%
1.2
CN
X
Xinjiang Machinery Research Institute Co Ltd
SZSE:300159
Negative Multiple: -59.9 N/A N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CN
F
First Tractor Co Ltd
SSE:601038
Average EV/EBIT: 165.7
25.4
11%
2.3
US
Deere & Co
NYSE:DE
19.6
-5%
N/A
JP
Kubota Corp
TSE:6326
14.5
N/A N/A
UK
CNH Industrial NV
MIL:CNHI
10
N/A N/A
US
Toro Co
NYSE:TTC
19.3
13%
1.5
US
AGCO Corp
NYSE:AGCO
15.8
4%
3.9
IN
Captain Polyplast Ltd
BSE:536974
1 493.6
N/A N/A
IN
Escorts Kubota Ltd
NSE:ESCORTS
28.2
22%
1.3
SE
Husqvarna AB
STO:HUSQ B
13.4
20%
0.7
IT
Comer Industries SpA
MIL:COM
17.4
11%
1.6
CN
X
Xinjiang Machinery Research Institute Co Ltd
SZSE:300159
Negative Multiple: -59.9 N/A N/A