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Metrics | Range | Conclusion |
---|---|---|
Selected LTM Ps Multiple | 0.0x - 0.0x | 0.0x |
Selected Fwd Ps Multiple | 0.0x - 0.0x | 0.0x |
Fair Value | $3.71 - $4.10 | $3.91 |
Upside | 81.1% - 100.2% | 90.7% |
Benchmarks | Ticker | Full Ticker |
---|---|---|
U Power Limited | - | NasdaqCM:UCAR |
ATRenew Inc. | - | NYSE:RERE |
Uxin Limited | - | NasdaqGS:UXIN |
Grand Baoxin Auto Group Limited | - | OTCPK:GBXX.Y |
NaaS Technology Inc. | - | NasdaqCM:NAAS |
Boqii Holding Limited | - | NYSEAM:BQ |
Select Price / LTM Sales Ratio | ||||||||
Benchmark Companies | ||||||||
UCAR | RERE | UXIN | GBXX.Y | NAAS | BQ | |||
NasdaqCM:UCAR | NYSE:RERE | NasdaqGS:UXIN | OTCPK:GBXX.Y | NasdaqCM:NAAS | NYSEAM:BQ | |||
Historical Sales Growth | ||||||||
5Y CAGR | NM- | 32.9% | 2.7% | -2.8% | NM- | -2.5% | ||
3Y CAGR | 138.1% | 28.0% | 40.3% | -3.2% | 273.1% | -11.1% | ||
Latest Twelve Months | 473.6% | 25.9% | 42.5% | -12.4% | 50.3% | -36.1% | ||
Historical Net Income Profit Margin | ||||||||
5 Year Average Margin | -475.0% | -9.5% | -97.3% | 0.3% | -2418.7% | -14.2% | ||
Prior Fiscal Year | -589.0% | -1.2% | -41.9% | -2.2% | -6073.8% | -9.5% | ||
Latest Fiscal Year | -97.8% | -0.1% | -117.4% | 0.4% | -408.3% | -9.1% | ||
Latest Twelve Months | -126.8% | -0.1% | -117.4% | -0.9% | -283.4% | -9.6% | ||
Current Trading Multiples | ||||||||
EV / LTM EBITDA | -3.2x | 4.3x | -37.7x | 10.7x | -0.8x | -1.3x | ||
Price / LTM Sales | 2.8x | 0.2x | 3.4x | 0.0x | 0.1x | 0.0x | ||
LTM P/E Ratio | -2.2x | -493.5x | -24.9x | -0.9x | 0.0x | -0.1x | ||
Low | Mid | High | ||||||
Benchmark LTM P/S Ratio | 0.0x | 0.2x | 3.4x | |||||
Historical LTM P/S Ratio | 0.0x | 0.1x | 3.6x | |||||
Selected Price / Sales Multiple | 0.0x | 0.0x | 0.0x | |||||
(x) LTM Sales | 570 | 570 | 570 | |||||
(=) Equity Value | 12 | 13 | 14 | |||||
(/) Shares Outstanding | 0.5 | 0.5 | 0.5 | |||||
Implied Value Range | 26.83 | 28.25 | 29.66 | |||||
FX Rate: CNY/USD | 7.2 | 7.2 | 7.2 | Market Price | ||||
Implied Value Range (Trading Cur) | 3.71 | 3.91 | 4.10 | 2.05 | ||||
Upside / (Downside) | 81.1% | 90.7% | 100.2% |
Equity Value | |||||||
Benchmark Companies | |||||||
(in millions) | UCAR | RERE | UXIN | GBXX.Y | NAAS | BQ | |
Value of Common Equity | 87 | 4,067 | 6,794 | 86 | 31 | 7 | |
(/) Shares Outstanding | 4.0 | 223.3 | 206.2 | 129.5 | 3.3 | 0.5 | |
Implied Stock Price | 21.53 | 18.21 | 32.95 | 0.67 | 9.25 | 14.81 | |
FX Conversion Rate to Trading Currency | 7.23 | 7.23 | 7.23 | 7.23 | 7.23 | 7.23 | |
Implied Stock Price (Trading Cur) | 2.98 | 2.52 | 4.56 | 0.09 | 1.28 | 2.05 | |
Trading Currency | USD | USD | USD | USD | USD | USD | |
FX Rate to Reporting Currency | 7.23 | 7.23 | 7.23 | 7.23 | 7.23 | 7.23 |