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Qingdao Gaoce Technology Co Ltd
SSE:688556

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Qingdao Gaoce Technology Co Ltd
SSE:688556
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Price: 13.42 CNY -4.76% Market Closed
Market Cap: ¥11.1B

EV/OCF

-20.5
Current
338%
Cheaper
vs 3-y average of 8.6

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
-20.5
=
Enterprise Value
¥13.2B
/
Operating Cash Flow
¥-584.4m

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
-20.5
=
Enterprise Value
¥13.2B
/
Operating Cash Flow
¥-584.4m

Valuation Scenarios

Qingdao Gaoce Technology Co Ltd is trading above its 3-year average

If EV/OCF returns to its 3-Year Average (8.6), the stock would be worth ¥-5.64 (142% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-333%
Maximum Upside
No Upside Scenarios
Average Downside
195%
Scenario EV/OCF Value Implied Price Upside/Downside
Current Multiple -20.5 ¥13.42
0%
3-Year Average 8.6 ¥-5.64
-142%
5-Year Average 1.1 ¥-0.71
-105%
Industry Average 47.7 ¥-31.21
-333%
Country Average 20.8 ¥-13.61
-201%

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
Qingdao Gaoce Technology Co Ltd
SSE:688556
11.1B CNY -20.5 -33.7
NL
ASML Holding NV
AEX:ASML
481.6B EUR 34.1 47.2
US
Lam Research Corp
NASDAQ:LRCX
334.9B USD 48 49.9
US
Applied Materials Inc
NASDAQ:AMAT
331B USD 37.7 42.2
US
KLA Corp
NASDAQ:KLAC
253.8B USD 53.3 55.7
US
Brooks Automation Inc
LSE:0HQ1
234.5B USD 3 751.4 -4 053.1
JP
Advantest Corp
TSE:6857
21.4T JPY 63 74.1
JP
Tokyo Electron Ltd
TSE:8035
21T JPY 41.2 41.8
US
Teradyne Inc
NASDAQ:TER
65.3B USD 96.5 117.7
CN
NAURA Technology Group Co Ltd
SZSE:002371
344.2B CNY 156.7 61
JP
Disco Corp
TSE:6146
7.8T JPY 56.1 57.4
P/E Multiple
Earnings Growth PEG
CN
Q
Qingdao Gaoce Technology Co Ltd
SSE:688556
Average P/E: 60.8
Negative Multiple: -33.7
N/A N/A
NL
ASML Holding NV
AEX:ASML
47.2
20%
2.4
US
Lam Research Corp
NASDAQ:LRCX
49.9
24%
2.1
US
Applied Materials Inc
NASDAQ:AMAT
42.2
20%
2.1
US
KLA Corp
NASDAQ:KLAC
55.7
22%
2.5
US
B
Brooks Automation Inc
LSE:0HQ1
Negative Multiple: -4 053.1 N/A N/A
JP
Advantest Corp
TSE:6857
74.1
50%
1.5
JP
Tokyo Electron Ltd
TSE:8035
41.8
13%
3.2
US
Teradyne Inc
NASDAQ:TER
117.7
44%
2.7
CN
NAURA Technology Group Co Ltd
SZSE:002371
61
N/A N/A
JP
Disco Corp
TSE:6146
57.4
N/A N/A

Market Distribution

Lower than 100% of companies in China
Percentile
0th
Based on 6 190 companies
0th percentile
-20.5
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

Qingdao Gaoce Technology Co Ltd
Glance View

Market Cap
11.1B CNY
Industry
Semiconductors

Qingdao Gaoce Technology Co., Ltd. engages in research and development, production and sales of high-hard and brittle material cutting equipment and cutting consumables. The company is headquartered in Qingdao, Shandong and currently employs 1,979 full-time employees. The company went IPO on 2020-08-07. The Company’s main products are divided into three categories: cutting equipment for hard and brittle materials, cutting tools for hard and brittle materials and tire testing equipment and consumables, including single silicon cutting machine, multi-silicon squarers, grinding polishing and chamfering machine, diamond wire slicer, diamond wire, tire section cutting machine, tire high-speed & endurance performance testing equipment, tire strength off-ring testing machine, tire water pressure blasting test machine, tire rolling resistance testing machine, tire section cutting wire and others. Its products are used in the cutting of silicon materials in the photovoltaic industry and tire product inspection. The firm operates its businesses within the domestic market and to overseas markets.

Intrinsic Value
5.69 CNY
Overvaluation 58%
Intrinsic Value
Price ¥13.42
Q
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