First Capital Securities Co Ltd
SZSE:002797

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First Capital Securities Co Ltd
SZSE:002797
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Price: 7.79 CNY -2.14% Market Closed
Market Cap: ¥32.7B

EV/EBITDA

29
Current
49%
Cheaper
vs 3-y average of 57.3

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
29
=
Enterprise Value
¥41.9B
/
EBITDA
¥1.4B

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
29
=
Enterprise Value
¥41.9B
/
EBITDA
¥1.4B

Valuation Scenarios

First Capital Securities Co Ltd is trading below its 3-year average

If EV/EBITDA returns to its 3-Year Average (57.3), the stock would be worth ¥15.4 (98% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-1%
Maximum Upside
+98%
Average Upside
34%
Scenario EV/EBITDA Value Implied Price Upside/Downside
Current Multiple 29 ¥7.79
0%
3-Year Average 57.3 ¥15.4
+98%
5-Year Average 39.2 ¥10.55
+35%
Industry Average 29.5 ¥7.93
+2%
Country Average 28.8 ¥7.75
-1%

Forward EV/EBITDA
Today’s price vs future ebitda

Not enough data available to calculate forward EV/EBITDA

Peer Comparison

All Multiples
EV/EBITDA
P/E
All Countries
Close

Market Distribution

In line with most companies in China
Percentile
50th
Based on 5 409 companies
50th percentile
29
Low
0 — 16.3
Typical Range
16.3 — 53.1
High
53.1 —
Distribution Statistics
China
Min 0
30th Percentile 16.3
Median 28.8
70th Percentile 53.1
Max 49 021

First Capital Securities Co Ltd
Glance View

Market Cap
32.7B CNY
Industry
Financial Services

In the bustling arena of China's financial markets, First Capital Securities Co., Ltd. has carved a niche as a formidable player, capitalizing on the ever-evolving investment landscape. Born out of the need to provide robust financial services tailored to China's burgeoning economy, the company has seamlessly integrated a diverse range of offerings. From securities brokerage and investment banking to asset management and proprietary trading, First Capital has harnessed each service line to cater to an extensive clientele base, which includes institutional investors, corporations, and high-net-worth individuals. Thriving on its strategic location in Shenzhen, a hub of innovation and enterprise, the firm combines local expertise with cutting-edge financial technologies, remaining adept at navigating regulatory developments while leveraging opportunities the Chinese market presents. At the heart of First Capital's economic engine is its brokerage services—a dependable revenue pillar. By facilitating the buying and selling of securities, the company earns commissions and fees, thereby driving a significant portion of its revenue. Its investment banking division plays an equally crucial role, providing advisory services for mergers and acquisitions, capital raising, and restructuring activities. This division allows First Capital to engage deeply with corporate clients, earning substantial fees in the process. Additionally, through asset management, the firm generates management and performance fees, steering a variety of funds that cater to varying risk appetites and investment horizons. Meanwhile, the proprietary trading arm allows the company to leverage its market acumen for direct gains, navigating market trends to enhance its bottom line. Collectively, these varied revenue streams enable First Capital Securities to maintain a stable growth trajectory amid the fluctuations of the financial markets.

Intrinsic Value
11.29 CNY
Undervaluation 31%
Intrinsic Value
Price ¥7.79
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