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Yangtze Optical Fibre and Cable Joint Stock Ltd Co
SSE:601869

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Yangtze Optical Fibre and Cable Joint Stock Ltd Co
SSE:601869
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Price: 385.02 CNY -6.55% Market Closed
Market Cap: ¥291.8B

EV/OCF

86.8
Current
426%
More Expensive
vs 3-y average of 16.5

Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.

EV/OCF
86.8
=
Enterprise Value
¥300.4B
/
Operating Cash Flow
¥3.7B

Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.

EV/OCF
86.8
=
Enterprise Value
¥300.4B
/
Operating Cash Flow
¥3.7B

Valuation Scenarios

Yangtze Optical Fibre and Cable Joint Stock Ltd Co is trading above its 3-year average

If EV/OCF returns to its 3-Year Average (16.5), the stock would be worth ¥73.17 (81% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-81%
Maximum Upside
No Upside Scenarios
Average Downside
71%
Scenario EV/OCF Value Implied Price Upside/Downside
Current Multiple 86.8 ¥385.02
0%
3-Year Average 16.5 ¥73.17
-81%
5-Year Average 19.5 ¥86.62
-78%
Industry Average 44.8 ¥198.57
-48%
Country Average 20.8 ¥92.28
-76%

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

Not enough data available to calculate forward EV/OCF

Peer Comparison

All Multiples
EV/OCF
P/E
All Countries
Close
Market Cap EV/OCF P/E
CN
Yangtze Optical Fibre and Cable Joint Stock Ltd Co
SSE:601869
316.4B CNY 86.8 388.9
JP
Nakayo Inc
TSE:6715
111.4T JPY 450 970.9 7 956 708
US
Cisco Systems Inc
NASDAQ:CSCO
351.7B USD 26.8 31.8
US
Arista Networks Inc
NYSE:ANET
222.3B USD 48.3 63.3
CN
Zhongji Innolight Co Ltd
SZSE:300308
996.7B CNY 81.6 66.7
US
Motorola Solutions Inc
NYSE:MSI
72.6B USD 28.3 33.7
US
Ciena Corp
NYSE:CIEN
73.7B USD 79.5 321.6
US
Ubiquiti Inc
NYSE:UI
62.5B USD 86.4 69.9
US
Lumentum Holdings Inc
NASDAQ:LITE
62.9B USD 249.5 249.4
FI
Nokia Oyj
OMXH:NOKIA
50.5B EUR 23.1 76.9
CN
Suzhou TFC Optical Communication Co Ltd
SZSE:300394
272.2B CNY 153.2 125.3

Market Distribution

Higher than 85% of companies in China
Percentile
85th
Based on 6 190 companies
85th percentile
86.8
Low
0 — 11.5
Typical Range
11.5 — 39.2
High
39.2 —
Distribution Statistics
China
Min 0
30th Percentile 11.5
Median 20.8
70th Percentile 39.2
Max 266 666.7

Yangtze Optical Fibre and Cable Joint Stock Ltd Co
Glance View

Market Cap
291.8B CNY
Industry
Communications

In the sprawling industrial tapestry of China, Yangtze Optical Fibre and Cable Joint Stock Ltd Co. (YOFC) stands as a beacon of modern communication. Established in 1988, YOFC has woven itself into the fabric of telecom infrastructure as one of the leading providers of optical fiber and cable solutions worldwide. The company's journey began as a joint venture between China’s Wuhan Yangtze Communications Industry Group Co., Ltd. and two global giants—China's Ministry of Posts and Telecommunications and Japan's Sumitomo Electric Industries. This strategic alliance laid the groundwork for YOFC's expansive growth, enabling it to blend innovative technology with a robust manufacturing capability. At the heart of YOFC's business model lies the production of a vast array of optical fiber products, which are the backbone of digital communication networks. It manufactures preforms, optical fibers, and cables, and its offerings are pivotal to 5G mobile networks, broadband internet services, and data centers. YOFC makes money by selling these high-quality products to telecommunications providers globally, capitalizing on the ever-growing demand for faster and more reliable internet connectivity. Its competitive edge stems from its integrated production processes and substantial R&D investments, which not only enhance product quality and efficiency but also create a barrier against new market entrants. This combination of strategic partnerships, technological prowess, and supply chain excellence has cemented YOFC’s position as a critical player in the global telecommunications market.

Intrinsic Value
84.47 CNY
Overvaluation 78%
Intrinsic Value
Price ¥385.02
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