Asia Cement Corp
TWSE:1102
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P/OCF
Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.
Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.
Valuation Scenarios
If P/OCF returns to its 3-Year Average (7.7), the stock would be worth NT$36.53 (4% upside from current price).
| Scenario | P/OCF Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 7.4 | NT$35.25 |
0%
|
| 3-Year Average | 7.7 | NT$36.53 |
+4%
|
| 5-Year Average | 8.2 | NT$39 |
+11%
|
| Industry Average | 7.5 | NT$35.44 |
+1%
|
| Country Average | 13.2 | NT$62.49 |
+77%
|
Forward P/OCF
Today’s price vs future operating cash flow
Peer Comparison
| Market Cap | P/OCF | P/E | ||||
|---|---|---|---|---|---|---|
| TW |
|
Asia Cement Corp
TWSE:1102
|
125B TWD | 7.4 | 12.5 | |
| IE |
C
|
CRH PLC
NYSE:CRH
|
78B USD | 13.9 | 20.8 | |
| CH |
|
Holcim AG
SIX:HOLN
|
40.3B CHF | 14.6 | 3.1 | |
| DE |
|
HeidelbergCement AG
XETRA:HEI
|
33.1B EUR | 10.2 | 17.1 | |
| US |
|
Vulcan Materials Co
NYSE:VMC
|
38B USD | 21 | 35.3 | |
| IN |
|
UltraTech Cement Ltd
NSE:ULTRACEMCO
|
3.5T INR | 24.7 | 48.2 | |
| US |
|
Martin Marietta Materials Inc
NYSE:MLM
|
36.8B USD | 20.6 | 32.3 | |
| US |
A
|
Amrize AG
SIX:AMRZ
|
24.7B CHF | 14.2 | 26.5 | |
| DE |
H
|
Heidelberg Materials AG
XMUN:HEI
|
21.7B EUR | 6.7 | 11.2 | |
| IN |
|
Grasim Industries Ltd
NSE:GRASIM
|
1.9T INR | -13 | 44.8 | |
| CN |
|
China Jushi Co Ltd
SSE:600176
|
132.7B CNY | 31.6 | 40.4 |
Market Distribution
| Min | 0.5 |
| 30th Percentile | 8.9 |
| Median | 13.2 |
| 70th Percentile | 20.4 |
| Max | 5 587.5 |
Other Multiples
Asia Cement Corp
Glance View
Nestled in the industrial tapestry of Taiwan, Asia Cement Corporation emerged in 1957, as a stronghold within the cement industry. The company was conceived during a period when Taiwan was witnessing rapid infrastructure development—paving the way for Asia Cement to become an integral player in shaping the nation’s skylines. The corporation constructs its narrative around a vertically integrated business model, which encompasses the extraction of raw materials, the production of cement, and its distribution. This seamless operation starts from its self-owned limestone quarries, cutting down on raw material costs and securing a consistent supply. The company's strategically located production plants, equipped with state-of-the-art technology, underscore its commitment to efficiency and sustainability. Asia Cement Corp. not only fulfills domestic demand but also reaches out to international markets, especially in areas like China, where it continues to expand its influence. The operational prowess of the company is further augmented by its extensive logistics network, ensuring timely delivery and solidifying its reputation in the market. By doing so, it steadily generates revenue through the sale of cement and clinker, expertly navigating the challenges of cyclical demand in the construction industry. Moreover, Asia Cement’s focus on environmental sustainability through green product innovation and energy-efficient practices speaks to its strategic foresight. This dedication to evolving market demands allows the company to fortify its standing in the regional cement industry while ensuring financial performance that aligns with shareholder expectations.