Sincere Navigation Corp
TWSE:2605
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/FCFE
Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.
Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.
Valuation Scenarios
If P/FCFE returns to its 3-Year Average (6.6), the stock would be worth NT$31.99 (8% downside from current price).
| Scenario | P/FCFE Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 7.2 | NT$34.7 |
0%
|
| 3-Year Average | 6.6 | NT$31.99 |
-8%
|
| 5-Year Average | 7.5 | NT$36.24 |
+4%
|
| Industry Average | 12.1 | NT$58.49 |
+69%
|
| Country Average | 19.4 | NT$93.96 |
+171%
|
Forward P/FCFE
Today’s price vs future free cash flow to equity
Peer Comparison
| Market Cap | P/FCFE | P/E | ||||
|---|---|---|---|---|---|---|
| TW |
|
Sincere Navigation Corp
TWSE:2605
|
20.3B TWD | 7.2 | 24 | |
| DK |
|
AP Moeller - Maersk A/S
CSE:MAERSK B
|
221.3B DKK | 38.5 | 12.9 | |
| CN |
|
COSCO Shipping Holdings Co Ltd
SSE:601919
|
218.7B CNY | 17.4 | 8.7 | |
| CH |
|
Kuehne und Nagel International AG
SIX:KNIN
|
21.7B CHF | 11.7 | 26 | |
| DE |
|
Hapag Lloyd AG
XETRA:HLAG
|
19.4B EUR | -104.4 | 23.6 | |
| JP |
|
Nippon Yusen KK
TSE:9101
|
2.3T JPY | 6.4 | 10.1 | |
| TW |
|
Evergreen Marine Corp Taiwan Ltd
TWSE:2603
|
437.3B TWD | 5.5 | 6.4 | |
| KR |
H
|
HMM Co Ltd
KRX:011200
|
19.3T KRW | 115.7 | 10.3 | |
| JP |
|
Mitsui O.S.K. Lines Ltd
TSE:9104
|
2T JPY | 6.1 | 9.5 | |
| HK |
|
Orient Overseas (International) Ltd
HKEX:316
|
90.1B HKD | -15.6 | 7.6 | |
| HK |
|
SITC International Holdings Co Ltd
HKEX:1308
|
88.2B HKD | 11 | 9.3 |
Market Distribution
| Min | 1.5 |
| 30th Percentile | 12.4 |
| Median | 19.4 |
| 70th Percentile | 33.6 |
| Max | 9 890.8 |
Other Multiples
Sincere Navigation Corp
Glance View
Sincere Navigation Corp. engages in the provision of bulk shipping transportation services. The company is headquartered in Taipei City, Taipei. The firm is engaged in the operation of ship transportation business, tugging business, shipping agency business, ship management and manufacturing supervision business. The fleet includes multi-purpose lightweight bulk ships, extra-large bulk ships, super-large iron ore special vessels and extra-large oil tankers, which mainly transport bulk materials such as ore, coal and crude oil. The customers include iron ore suppliers, steel companies and shipping industry operators in domestic and overseas markets.
