China Steel Corp
TWSE:2002
Decide at what price you'd be comfortable buying and we'll help you stay ready.
|
Johnson & Johnson
NYSE:JNJ
|
US |
|
Berkshire Hathaway Inc
NYSE:BRK.A
|
US |
|
Bank of America Corp
NYSE:BAC
|
US |
|
Mastercard Inc
NYSE:MA
|
US |
|
UnitedHealth Group Inc
NYSE:UNH
|
US |
|
Exxon Mobil Corp
NYSE:XOM
|
US |
|
Pfizer Inc
NYSE:PFE
|
US |
|
Nike Inc
NYSE:NKE
|
US |
|
Visa Inc
NYSE:V
|
US |
|
Alibaba Group Holding Ltd
NYSE:BABA
|
CN |
|
JPMorgan Chase & Co
NYSE:JPM
|
US |
|
Coca-Cola Co
NYSE:KO
|
US |
|
Verizon Communications Inc
NYSE:VZ
|
US |
|
Chevron Corp
NYSE:CVX
|
US |
|
Walt Disney Co
NYSE:DIS
|
US |
|
PayPal Holdings Inc
NASDAQ:PYPL
|
US |
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 (5.2), the stock would be worth NT$16.75 (13% downside from current price).
| Scenario | P/OCF Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 5.9 | NT$19.15 |
0%
|
| 3-Year Average | 5.2 | NT$16.75 |
-13%
|
| 5-Year Average | 5.2 | NT$16.75 |
-13%
|
| Industry Average | 6.6 | NT$21.43 |
+12%
|
| Country Average | 13.2 | NT$42.57 |
+122%
|
Forward P/OCF
Today’s price vs future operating cash flow
Peer Comparison
| Market Cap | P/OCF | P/E | ||||
|---|---|---|---|---|---|---|
| TW |
C
|
China Steel Corp
TWSE:2002
|
291.9B TWD | 5.9 | -67.1 | |
| ZA |
K
|
Kumba Iron Ore Ltd
JSE:KIO
|
102B ZAR | 3.8 | 7 | |
| BR |
|
Vale SA
BOVESPA:VALE3
|
367B BRL | 7.5 | 26.6 | |
| US |
|
Nucor Corp
NYSE:NUE
|
49B USD | 15.2 | 28.2 | |
| AU |
|
Fortescue Metals Group Ltd
ASX:FMG
|
60.9B AUD | 5.7 | 11.1 | |
| AU |
F
|
Fortescue Ltd
XMUN:FVJ
|
37B EUR | 5.9 | 11.4 | |
| LU |
|
ArcelorMittal SA
AEX:MT
|
38.4B EUR | 9.2 | 14.1 | |
| IN |
|
JSW Steel Ltd
NSE:JSWSTEEL
|
3.1T INR | 10.8 | 40.9 | |
| US |
|
Steel Dynamics Inc
NASDAQ:STLD
|
32.8B USD | 22.7 | 23.9 | |
| IN |
|
Tata Steel Ltd
NSE:TATASTEEL
|
2.6T INR | 8.6 | 28.5 | |
| US |
|
Carpenter Technology Corp
NYSE:CRS
|
21.3B USD | 42.1 | 48.8 |
Market Distribution
| Min | 0.5 |
| 30th Percentile | 8.9 |
| Median | 13.2 |
| 70th Percentile | 20.4 |
| Max | 5 587.5 |
Other Multiples
China Steel Corp
Glance View
As dawn breaks over the bustling port of Kaohsiung, Taiwan, the hum of China Steel Corporation's (CSC) operations readily comes to life, propelling the company's pivotal role in weaving the fabric of industrial progress both locally and globally. Founded in 1971, CSC emerged as Taiwan's industrial powerhouse, situated strategically to tap into rapidly expanding Asian markets. With an integrated steel mill layout that optimizes production processes, CSC efficiently transforms raw materials into a vast array of steel products. It’s the backbone of various sectors—construction, automotive, shipbuilding, and home appliances. The business orchestrates a seamless play of precision and scale, utilizing cutting-edge technologies and a diligent workforce to manufacture hot rolled and cold-rolled sheets, bars, rods, and other steel forms that forge infrastructure and sustain daily life. In its business model, CSC maintains a robust interplay between production efficiency and market demand responsiveness. The company thrives on its strategic sourcing of raw materials, primarily through long-term contracts, which stabilizes supply costs and enhances margins. Financial success stems from the strategic sale of steel products across a diversified clientele, leveraging its established reputation and quality consistency. With volatile global steel prices, CSC prudently navigates market challenges by focusing on high-value steel and expanding into environmentally friendly production practices. By investing in research and development, CSC continues to refine its processes, ensuring a sustainable and competitive edge. In this way, China Steel Corporation not only solidifies its standing in the global steel hierarchy but also reinforces Taiwan’s stature as an industrial luminary on the world stage.