Zhejiang Tengen Electrics Co Ltd banner

Zhejiang Tengen Electrics Co Ltd
SSE:605066

Watchlist Manager
Zhejiang Tengen Electrics Co Ltd Logo
Zhejiang Tengen Electrics Co Ltd
SSE:605066
Watchlist
Price: 7.61 CNY 0.66%
Market Cap: ¥3.8B

EV/OCF

26.5
Current
129%
More Expensive
vs 3-y average of 11.6

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
26.5
=
Enterprise Value
¥4.5B
/
Operating Cash Flow
¥146.3m

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
26.5
=
Enterprise Value
¥4.5B
/
Operating Cash Flow
¥146.3m

Valuation Scenarios

Zhejiang Tengen Electrics Co Ltd is trading above its 3-year average

If EV/OCF returns to its 3-Year Average (11.6), the stock would be worth ¥3.32 (56% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-58%
Maximum Upside
+40%
Average Downside
24%
Scenario EV/OCF Value Implied Price Upside/Downside
Current Multiple 26.5 ¥7.61
0%
3-Year Average 11.6 ¥3.32
-56%
5-Year Average 11.1 ¥3.19
-58%
Industry Average 37.3 ¥10.68
+40%
Country Average 20.8 ¥5.97
-22%

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
Zhejiang Tengen Electrics Co Ltd
SSE:605066
3.9B CNY 26.5 30.5
CN
Contemporary Amperex Technology Co Ltd
SZSE:300750
2T CNY 13.1 25.7
FR
Schneider Electric SE
PAR:SU
155.2B EUR 27.3 37.3
CH
Abb Ltd
SIX:ABBN
141.4B CHF 31.2 36.4
IE
Eaton Corporation PLC
NYSE:ETN
164.4B USD 38.5 40.2
US
Vertiv Holdings Co
NYSE:VRT
124.2B USD 48.4 79.7
US
Emerson Electric Co
NYSE:EMR
79.4B USD 28.2 34.4
KR
LG Energy Solution Ltd
KRX:373220
112.6T KRW 28.7 -104.9
JP
Fujikura Ltd
TSE:5803
10T JPY 107.5 69.4
US
AMETEK Inc
NYSE:AME
53.4B USD 30 36
FR
Legrand SA
PAR:LR
39.9B EUR 27.7 32.1

Market Distribution

In line with most companies in China
Percentile
58th
Based on 6 190 companies
58th percentile
26.5
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

Zhejiang Tengen Electrics Co Ltd
Glance View

Zhejiang Tengen Electrics Co., Ltd. engages in the research, development, production, and sale of low-voltage electrical products. The company is headquartered in Wenzhou, Zhejiang and currently employs 3,854 full-time employees. The company went IPO on 2020-08-07. The firm's main products include power distribution appliances, control appliances, terminal appliances, power appliances, instrument appliances, etc., such as molded case circuit breakers, alternating curren contactors, miniature circuit breakers, transformers and meters. Its products are used in power distribution systems in industrial, commercial and civil buildings such as factories, shopping malls and residential buildings, as well as machine tools and other electrical control components of various industrial equipment and power grid supporting facilities. The firm mainly conducts its businesses in the China market.

Intrinsic Value
7.2 CNY
Overvaluation 5%
Intrinsic Value
Price ¥7.61
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett