Ocean's King Lighting Science & Technology Co Ltd banner

Ocean's King Lighting Science & Technology Co Ltd
SZSE:002724

Watchlist Manager
Ocean's King Lighting Science & Technology Co Ltd Logo
Ocean's King Lighting Science & Technology Co Ltd
SZSE:002724
Watchlist
Price: 6.44 CNY -9.93% Market Closed
Market Cap: ¥5B

P/OCF

29.7
Current
8%
Cheaper
vs 3-y average of 32.3

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
29.7
=
Market Cap
¥5.1B
/
Operating Cash Flow
¥167.5m

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
29.7
=
Market Cap
¥5.1B
/
Operating Cash Flow
¥167.5m

Valuation Scenarios

Ocean's King Lighting Science & Technology Co Ltd is trading below its 3-year average

If P/OCF returns to its 3-Year Average (32.3), the stock would be worth ¥7.02 (9% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-38%
Maximum Upside
+29%
Average Upside
6%
Scenario P/OCF Value Implied Price Upside/Downside
Current Multiple 29.7 ¥6.44
0%
3-Year Average 32.3 ¥7.02
+9%
5-Year Average 36.3 ¥7.87
+22%
Industry Average 38.4 ¥8.33
+29%
Country Average 18.3 ¥3.96
-38%

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
Ocean's King Lighting Science & Technology Co Ltd
SZSE:002724
5B CNY 29.7 -34.5
CN
Contemporary Amperex Technology Co Ltd
SZSE:300750
2T CNY 15.3 26
FR
Schneider Electric SE
PAR:SU
152.7B EUR 24.5 36.1
CH
Abb Ltd
SIX:ABBN
139.2B CHF 31.3 36.7
IE
Eaton Corporation PLC
NYSE:ETN
159.3B USD 36.9 40.4
US
Vertiv Holdings Co
NYSE:VRT
117.6B USD 47.6 78.7
US
Emerson Electric Co
NYSE:EMR
76.7B USD 26.1 34.1
KR
LG Energy Solution Ltd
KRX:373220
110.7T KRW 24.2 -100
JP
Fujikura Ltd
TSE:5803
9.9T JPY 101.9 68.7
US
AMETEK Inc
NYSE:AME
52.2B USD 29.9 36.4
FR
Legrand SA
PAR:LR
39.1B EUR 25.2 31.9
P/E Multiple
Earnings Growth PEG
CN
Ocean's King Lighting Science & Technology Co Ltd
SZSE:002724
Average P/E: 43.2
Negative Multiple: -34.5
N/A N/A
CN
Contemporary Amperex Technology Co Ltd
SZSE:300750
26
22%
1.2
FR
Schneider Electric SE
PAR:SU
36.1
23%
1.6
CH
Abb Ltd
SIX:ABBN
36.7
13%
2.8
IE
Eaton Corporation PLC
NYSE:ETN
40.4
19%
2.1
US
Vertiv Holdings Co
NYSE:VRT
78.7
43%
1.8
US
Emerson Electric Co
NYSE:EMR
34.1
25%
1.4
KR
LG Energy Solution Ltd
KRX:373220
Negative Multiple: -100 N/A N/A
JP
Fujikura Ltd
TSE:5803
68.7
44%
1.6
US
AMETEK Inc
NYSE:AME
36.4
14%
2.6
FR
Legrand SA
PAR:LR
31.9
14%
2.3

Market Distribution

In line with most companies in China
Percentile
65th
Based on 6 232 companies
65th percentile
29.7
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

Ocean's King Lighting Science & Technology Co Ltd
Glance View

Ocean's King Lighting Science & Technology Co., Ltd. engages in the research and development, production, sale, and service of special environmental lighting equipment. The company is headquartered in Shenzhen, Guangdong and currently employs 3,082 full-time employees. The company went IPO on 2014-11-04. The firm's main products include fixed lighting, mobile lighting and portable lighting. The firm's products are mainly used in electric power, metallurgy, railway, oil field, petrochemicals, public security, fire protection, coal, military, port, venue, civil aviation, shipbuilding and machinery manufacturing industries. The firm distributes its products mainly in domestic market.

Intrinsic Value
7.04 CNY
Undervaluation 9%
Intrinsic Value
Price ¥6.44
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