Company Valuation: COSCO SHIPPING Specialized Carriers Co.,Ltd.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027
Market Cap 1 10,819 12,794 11,506 15,671 19,482 32,186 -
Change - 18.25% -10.07% 36.19% 24.32% 65.21% -
Enterprise Value (EV) 10,819 12,794 11,506 15,671 19,482 32,186 32,186
Change - 18.25% -10.07% 36.19% 24.32% 65.21% 0%
P/E 36x 15.6x 10.8x 10.2x 10.3x 15.4x 13.5x
PBR 1.12x 1.2x 1x 1.25x 1.16x 1.78x 1.66x
PEG - 0x 0.4x 0.2x -2.72x 1.4x 0.9x
Capitalization / Revenue 1.24x 1.05x 0.96x 0.93x 0.84x 1.22x 1.2x
EV / Revenue 0x 0x 0x 0x 0x 1.22x 1.2x
EV / EBITDA 0x 0x 0x 0x 0x 5.23x 4.5x
EV / EBIT 0x 0x 0x 0x 0x 9.95x 8.76x
EV / FCF - - - - - - -
FCF Yield - - - - - - -
Dividend per Share 2 - 0.16 0.248 0.279 - 0.38 0.44
Rate of return - 2.68% 4.63% 3.82% - 3.24% 3.75%
EPS 2 0.14 0.382 0.496 0.713 0.686 0.76 0.87
Distribution rate - 41.9% 50% 39.1% - 50% 50.6%
Net sales 1 8,753 12,207 12,007 16,780 23,211 26,440 26,721
EBITDA 1 1,293 1,982 1,934 2,890 3,978 6,152 7,160
EBIT 1 452.6 1,096 1,020 1,898 2,844 3,236 3,675
Net income 1 300.3 820.7 1,064 1,531 1,780 2,081 2,401
Net Debt - - - - - - -
Reference price 2 5.04 5.96 5.36 7.30 7.10 11.73 11.73
Nbr of stocks (in thousands) 2,146,651 2,146,651 2,146,651 2,146,651 2,743,920 2,743,920 -
Announcement Date 3/30/22 3/29/23 3/27/24 3/27/25 3/25/26 - -
1CNY in Million2CNY
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
15.43x - - - 4.77B
7.52x1.18x4.06x9.97% 13.73B
9.63x1.55x5.27x7.6% 6.35B
45.88x17.39x25.02x1.99% 5.11B
8.78x2.74x7.28x11.31% 3.33B
8.26x0.86x2.63x2.59% 3.2B
7.09x3.24x5.44x13% 3.12B
5.28x - -169.63x13.06% 2.65B
4.59x2.31x3.1x - 2.52B
Average 12.50x 4.18x -14.60x 8.5% 4.98B
Weighted average by Cap. 12.86x 3.82x -4.36x 8.44%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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  4. Valuation COSCO SHIPPING Specialized Carriers Co.,Ltd.