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CITIC Heavy Industries Co Ltd
SSE:601608

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CITIC Heavy Industries Co Ltd
SSE:601608
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Price: 6.03 CNY -0.66% Market Closed
Market Cap: ¥27.6B

P/OCF

32.5
Current
68%
More Expensive
vs 3-y average of 19.3

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
32.5
=
Market Cap
¥32.5B
/
Operating Cash Flow
¥849.5m

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
32.5
=
Market Cap
¥32.5B
/
Operating Cash Flow
¥849.5m

Valuation Scenarios

CITIC Heavy Industries Co Ltd is trading above its 3-year average

If P/OCF returns to its 3-Year Average (19.3), the stock would be worth ¥3.58 (41% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-44%
Maximum Upside
No Upside Scenarios
Average Downside
32%
Scenario P/OCF Value Implied Price Upside/Downside
Current Multiple 32.5 ¥6.03
0%
3-Year Average 19.3 ¥3.58
-41%
5-Year Average 23.6 ¥4.37
-27%
Industry Average 27.6 ¥5.13
-15%
Country Average 18.3 ¥3.39
-44%

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
Close
Market Cap P/OCF P/E
CN
CITIC Heavy Industries Co Ltd
SSE:601608
27.6B CNY 32.5 73.5
JP
Fujitec Co Ltd
TSE:6406
2 720 795.8T JPY 0 0
JP
Ishii Iron Works Co Ltd
TSE:6362
304.2T JPY 281 960.7 363 670.8
JP
Star Micronics Co Ltd
TSE:7718
48T JPY 29.8 29.8
US
Parker-Hannifin Corp
NYSE:PH
123B USD 32.9 34.8
JP
Freund Corp
TSE:6312
16.9T JPY 8 306.9 8 494.3
JP
Mitsubishi Heavy Industries Ltd
TSE:7011
16.1T JPY 20.9 57.4
SE
Atlas Copco AB
STO:ATCO A
903.7B SEK 27.1 33.4
US
Illinois Tool Works Inc
NYSE:ITW
77.8B USD 24.8 25.3
US
Barnes Group Inc
NYSE:B
68.1B USD 8.8 13.6
SE
Sandvik AB
STO:SAND
490B SEK 22 33

Market Distribution

In line with most companies in China
Percentile
67th
Based on 6 232 companies
67th percentile
32.5
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

CITIC Heavy Industries Co Ltd
Glance View

Market Cap
27.6B CNY
Industry
Machinery

CITIC Heavy Industries Co., Ltd. is a formidable player in the industrial sector, hailing from the expansive realm of Henan, China. Formed under the auspices of the diversified conglomerate CITIC Group, the company has carved a niche for itself with its adeptness in manufacturing heavy machinery. CITIC Heavy Industries is not just another behemoth in the industrial landscape but a flagship that promotes innovation and engineering excellence. Its core competencies lie in producing robust and advanced equipment that caters to industries such as mining, cement, and metallurgical sectors, alongside forging ahead in new frontiers like robotics and environmental protection technology. The company generates its revenue by providing a comprehensive suite of products and services, which includes not only the manufacturing of heavy machinery but also offering bespoke engineering solutions. The key to its profitability lies in its ability to tailor equipment, such as grinding mills, crushers, and kilns, to the specific needs of clients across the globe. With an eye for the future, CITIC Heavy Industries also delves into the research and development of new technologies, ensuring a stream of innovations that keep pace with industry demands. Through strategic collaborations and an expansive global footprint, it extends its reach beyond China, making substantial impacts in international markets. This strategy of blending traditional industrial strength with modern technological advancements places CITIC at the zenith of industry leaders.

Intrinsic Value
3.77 CNY
Overvaluation 38%
Intrinsic Value
Price ¥6.03
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