Company Valuation: First Tractor Company Limited

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 11,571 9,548 12,426 13,459 13,313 11,807 - -
Change - -17.49% 30.14% 8.32% -1.09% -11.31% - -
Enterprise Value (EV) 1 11,571 9,548 12,426 13,459 11,852 9,339 8,046 6,646
Change - -17.49% 30.14% 8.32% -11.94% -21.21% -13.84% -17.4%
P/E - - - - 10.4x 7.96x 5.71x 4.52x
PBR - - - - - - - -
PEG - - - - - 0.85x 0.1x 0.2x
Capitalization / Revenue - 0.77x 1.08x 1.13x 1.23x 0.94x 0.85x 0.72x
EV / Revenue - 0.77x 1.08x 1.13x 1.1x 0.74x 0.58x 0.41x
EV / EBITDA - 10.4x 9.62x 9.9x 9.63x 8.83x 5.56x 3.73x
EV / EBIT - 16.2x 12.5x 12.9x 12.9x 10.6x 6.55x 4.31x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 - - - - 0.1975 0.29 0.4 0.51
Rate of return - - - - 2.63% 4.61% 6.36% 8.11%
EPS 2 - - - - 0.7226 0.79 1.1 1.39
Distribution rate - - - - 27.3% 36.7% 36.4% 36.7%
Net sales 1 - 12,455 11,534 11,904 10,823 12,555 13,941 16,286
EBITDA 1 - 920.5 1,292 1,360 1,231 1,057 1,446 1,780
EBIT 1 - 588 996.3 1,046 918.2 883.6 1,229 1,541
Net income 1 438.2 681.1 997 922 812 897.6 1,181 1,454
Net Debt 1 - - - - -1,461 -2,469 -3,761 -5,161
Reference price 2 3.218 3.264 4.502 6.747 7.513 6.286 6.286 6.286
Nbr of stocks (in thousands) 1,123,645 1,123,645 1,123,645 1,123,645 1,123,645 1,123,645 - -
Announcement Date 29/3/22 21/3/23 27/3/24 27/3/25 26/3/26 - - -
1CNY in Million2CNY
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
25.67x4.41x19.7x0.9% 316B
35.67x5.54x30.16x1.02% 174B
14.94x1.12x7.27x5.14% 63.04B
17.97x1.66x13.47x3.03% 56.3B
29.17x4.12x17.18x0.46% 45.7B
15.01x1.54x8.78x2.89% 38.14B
10.94x1.04x10.37x4.78% 34.08B
30.42x4.43x17.67x1.64% 29.07B
12.36x0.4x4.17x3.98% 26.08B
Average 21.35x 2.69x 14.31x 2.65% 86.94B
Weighted average by Cap. 25.26x 3.76x 18.90x 1.79%

Y-o-Y evolution of P/E

Valuation ratios - P/E - First Tractor Company Limited

Historical PBR trend

Valuation ratios - PBR - First Tractor Company Limited

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - First Tractor Company Limited

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - First Tractor Company Limited


Year-on-year evolution of the Yield

Valuation ratios - Yield - First Tractor Company Limited
  1. Stock Market
  2. Stocks
  3. 38 Stock
  4. 601038 Stock
  5. Valuation First Tractor Company Limited