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CITIC Pacific Special Steel Group Co Ltd
SZSE:000708

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CITIC Pacific Special Steel Group Co Ltd
SZSE:000708
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Price: 15.63 CNY -0.51% Market Closed
Market Cap: ¥78.9B

EV/FCFF

6.4
Current
27%
Cheaper
vs 3-y average of 8.8

Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.

EV/FCFF
6.4
=
Enterprise Value
¥96.6B
/
Free Cash Flow to Firm
¥15B

Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.

EV/FCFF
6.4
=
Enterprise Value
¥96.6B
/
Free Cash Flow to Firm
¥15B

Valuation Scenarios

CITIC Pacific Special Steel Group Co Ltd is trading below its 3-year average

If EV/FCFF returns to its 3-Year Average (8.8), the stock would be worth ¥21.42 (37% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+442%
Average Upside
220%
Scenario EV/FCFF Value Implied Price Upside/Downside
Current Multiple 6.4 ¥15.63
0%
3-Year Average 8.8 ¥21.42
+37%
5-Year Average 9.9 ¥24.12
+54%
Industry Average 34.9 ¥84.79
+442%
Country Average 28.8 ¥69.98
+348%

Forward EV/FCFF
Today’s price vs future free cash flow to firm

Not enough data available to calculate forward EV/FCFF

Peer Comparison

All Multiples
EV/FCFF
P/E
All Countries
Close
Market Cap EV/FCFF P/E
CN
CITIC Pacific Special Steel Group Co Ltd
SZSE:000708
79.3B CNY 6.4 13.1
ZA
Kumba Iron Ore Ltd
JSE:KIO
102B ZAR 5.1 7
BR
Vale SA
BOVESPA:VALE3
367B BRL 26.2 26.6
US
Nucor Corp
NYSE:NUE
49B USD -283.8 28.2
AU
Fortescue Metals Group Ltd
ASX:FMG
60.9B AUD 11.1 11.1
AU
Fortescue Ltd
XMUN:FVJ
37B EUR 11.2 11.4
LU
ArcelorMittal SA
AEX:MT
38.4B EUR 105.8 14.1
IN
JSW Steel Ltd
NSE:JSWSTEEL
3.1T INR 24.9 40.9
US
Steel Dynamics Inc
NASDAQ:STLD
32.8B USD 54.8 23.9
IN
Tata Steel Ltd
NSE:TATASTEEL
2.6T INR 20.3 28.5
US
Carpenter Technology Corp
NYSE:CRS
21.3B USD 68.5 48.8

Market Distribution

Lower than 88% of companies in China
Percentile
12th
Based on 4 731 companies
12th percentile
6.4
Low
0 — 14.5
Typical Range
14.5 — 57
High
57 —
Distribution Statistics
China
Min 0
30th Percentile 14.5
Median 28.8
70th Percentile 57
Max 307 555.7

CITIC Pacific Special Steel Group Co Ltd
Glance View

Market Cap
78.9B CNY
Industry
Metals & Mining

CITIC Pacific Special Steel Group Co Ltd., a powerhouse nestled within China's colossal industrial landscape, stands as the nation's largest manufacturer of special steel. Emerging from the CITIC Group, this subsidiary is a testament to China's drive towards high-quality manufacturing and innovation. The company's essence lies in its vertically integrated operations, stretching from raw material procurement to steel production and distribution. Through advanced technological prowess and a keen eye for efficiency, CITIC Pacific Special Steel specializes in producing high-grade steel products that are pivotal across various industries, including automotive, energy, and machinery manufacturing. This specialization is not just about mass production but delivering tailor-made steel solutions that cater to the nuanced demands of its diverse clientele. At the core of CITIC Pacific's business model is its ability to leverage economies of scale while maintaining stringent quality control measures. Its extensive manufacturing plants are equipped with state-of-the-art technology, allowing the company to maximize productivity and minimize waste. Revenue streams are primarily driven by sales of its specialty steel products, which have increasingly found their way into high-end markets, driven by global infrastructure growth and industrial modernization. Additionally, the company's strategic investments in research and development ensure that it stays ahead of industry trends, continuously innovating to improve product quality and production efficiency. As global markets continue to demand more specialized and high-performance materials, CITIC Pacific Special Steel stands poised to maintain its leadership position, navigating the complexities of the steel industry with a blend of traditional Chinese enterprise acumen and modern industrial ingenuity.

Intrinsic Value
25.86 CNY
Undervaluation 40%
Intrinsic Value
Price ¥15.63
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