Ta Chen Stainless Pipe Co Ltd
TWSE:2027
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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 (7.4), the stock would be worth NT$9.5 (75% downside from current price).
| Scenario | P/OCF Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 29.8 | NT$38.05 |
0%
|
| 3-Year Average | 7.4 | NT$9.5 |
-75%
|
| 5-Year Average | 9.1 | NT$11.57 |
-70%
|
| Industry Average | 6.6 | NT$8.47 |
-78%
|
| Country Average | 13.2 | NT$16.82 |
-56%
|
Forward P/OCF
Today’s price vs future operating cash flow
Peer Comparison
| Market Cap | P/OCF | P/E | ||||
|---|---|---|---|---|---|---|
| TW |
|
Ta Chen Stainless Pipe Co Ltd
TWSE:2027
|
89.5B TWD | 29.8 | 13.4 | |
| ZA |
K
|
Kumba Iron Ore Ltd
JSE:KIO
|
98.3B ZAR | 3.6 | 6.7 | |
| BR |
|
Vale SA
BOVESPA:VALE3
|
365B BRL | 7.4 | 26.2 | |
| US |
|
Nucor Corp
NYSE:NUE
|
51.5B USD | 15.9 | 29.7 | |
| AU |
|
Fortescue Metals Group Ltd
ASX:FMG
|
61.9B AUD | 5.8 | 11.3 | |
| AU |
F
|
Fortescue Ltd
XMUN:FVJ
|
37.8B EUR | 6 | 11.7 | |
| LU |
|
ArcelorMittal SA
AEX:MT
|
37.5B EUR | 9.1 | 13.8 | |
| IN |
|
JSW Steel Ltd
NSE:JSWSTEEL
|
3.1T INR | 11 | 41.7 | |
| US |
|
Steel Dynamics Inc
NASDAQ:STLD
|
32.8B USD | 22.7 | 23.9 | |
| IN |
|
Tata Steel Ltd
NSE:TATASTEEL
|
2.7T INR | 8.8 | 29.4 | |
| KR |
|
Posco Holdings Inc
KRX:005490
|
35.5T KRW | 7.7 | 53.7 |
Market Distribution
| Min | 0.5 |
| 30th Percentile | 8.9 |
| Median | 13.2 |
| 70th Percentile | 20.4 |
| Max | 5 587.5 |
Other Multiples
Ta Chen Stainless Pipe Co Ltd
Glance View
Ta Chen Stainless Pipe Co Ltd. operates at the crossroads of industry and commerce, embodying the quintessential success story of a manufacturing specialist with a keen focus on stainless steel and aluminum products. Founded in Taiwan, the company has steadily built a robust global presence by offering a vast portfolio of stainless steel piping, tubing, and industrial fitting solutions, primarily serving the needs of the chemical, petrochemical, food processing, and automotive industries. With a strategic approach that combines efficient manufacturing with keen logistics, Ta Chen navigates the intricate dynamics of the metals market, ensuring a competitive edge through a combination of quality assurance, innovation, and timely delivery. The operational prowess of Ta Chen boils down to its comprehensive supply chain management, from sourcing raw materials to delivering finished goods. The company capitalizes on its extensive network of distribution centers across the United States, streamlining delivery times and reducing costs for its diverse clientele. This infrastructure not only supports its core business but also its broader vision of being a full-service distributor of metal products. By leveraging economies of scale and maintaining rigorous quality standards, Ta Chen attracts a loyal customer base, ensuring steady revenue streams. In the face of fluctuating metal prices and global economic shifts, the company’s adaptability and sustained investment in technology and human resources anchor its market resilience and financial stability.