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 11,418 - -
Change - -17.49% 30.14% 8.32% -1.09% -14.24% - -
Enterprise Value (EV) 1 11,571 9,548 12,426 13,459 11,852 9,044 7,789 6,416
Change - -17.49% 30.14% 8.32% -11.94% -23.7% -13.87% -17.63%
P/E - - - - 10.4x 7.63x 6.16x 4.89x
PBR - - - - - - - -
PEG - - - - - 0.5x 0.3x 0.2x
Capitalization / Revenue - 0.77x 1.08x 1.13x 1.23x 0.94x 0.83x 0.71x
EV / Revenue - 0.77x 1.08x 1.13x 1.1x 0.74x 0.57x 0.4x
EV / EBITDA - 10.4x 9.62x 9.9x 9.63x 7.99x 5.57x 3.73x
EV / EBIT - 16.2x 12.5x 12.9x 12.9x 9.9x 6.51x 4.28x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 - - - - 0.1975 0.31 0.38 0.48
Rate of return - - - - 2.63% 4.84% 5.93% 7.49%
EPS 2 - - - - 0.7226 0.84 1.04 1.31
Distribution rate - - - - 27.3% 36.9% 36.5% 36.6%
Net sales 1 - 12,455 11,534 11,904 10,823 12,205 13,774 16,134
EBITDA 1 - 920.5 1,292 1,360 1,231 1,131 1,397 1,718
EBIT 1 - 588 996.3 1,046 918.2 913.8 1,196 1,500
Net income 1 438.2 681.1 997 922 812 905 1,158 1,423
Net Debt 1 - - - - -1,461 -2,374 -3,628 -5,002
Reference price 2 3.218 3.264 4.502 6.747 7.513 6.411 6.411 6.411
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 3/29/22 3/21/23 3/27/24 3/27/25 3/26/26 - - -
1CNY in Million2CNY
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
7.63x0.74x7.99x4.84% 1.68B
35.09x5.45x30.8x1.02% 171B
21.79x - - 1.63% 9.24B
17.05x0.93x8.28x3.47% 3.89B
24.01x2.43x19.3x1.36% 3.5B
22.36x - - 1.25% 1.2B
9.94x - - 2.8% 992M
50.98x0.81x6.62x0.88% 940M
Average 23.61x 2.07x 14.60x 2.16% 24.11B
Weighted average by Cap. 33.52x 5.22x 29.76x 1.15%

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

  1. Stock Market
  2. Stocks
  3. 38 Stock
  4. Valuation First Tractor Company Limited