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

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 10,819 12,794 11,506 15,671 19,482 30,458 - -
Change - 18.25% -10.07% 36.19% 24.32% 56.34% - -
Enterprise Value (EV) 10,819 12,794 11,506 15,671 19,482 30,458 30,458 30,458
Change - 18.25% -10.07% 36.19% 24.32% 56.34% 0% 0%
P/E 36x 15.6x 10.8x 10.2x 10.3x 10x 8.74x 8.04x
PBR 1.12x 1.2x 1x 1.25x 1.16x 1.62x 1.47x -
PEG - 0x 0.4x 0.2x -2.72x 0.2x 0.6x 0.93x
Capitalization / Revenue 1.24x 1.05x 0.96x 0.93x 0.84x 1.09x 1.05x 1.09x
EV / Revenue 0x 0x 0x 0x 0x 1.09x 1.05x 1.09x
EV / EBITDA 0x 0x 0x 0x 0x 4.35x 3.73x -
EV / EBIT 0x 0x 0x 0x 0x 5.99x 5.19x 4.65x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 - 0.16 0.248 0.279 - 0.52 0.6 -
Rate of return - 2.68% 4.63% 3.82% - 4.68% 5.41% -
EPS 2 0.14 0.382 0.496 0.713 0.686 1.11 1.27 1.38
Distribution rate - 41.9% 50% 39.1% - 46.8% 47.2% -
Net sales 1 8,753 12,207 12,007 16,780 23,211 27,894 29,048 27,925
EBITDA 1 1,293 1,982 1,934 2,890 3,978 7,004 8,155 -
EBIT 1 452.6 1,096 1,020 1,898 2,844 5,086 5,868 6,546
Net income 1 300.3 820.7 1,064 1,531 1,780 3,046 3,494 3,783
Net Debt - - - - - - - -
Reference price 2 5.04 5.96 5.36 7.30 7.10 11.10 11.10 11.10
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 30/03/22 29/03/23 27/03/24 27/03/25 25/03/26 - - -
1CNY in Million2CNY
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
10x - - - 4.54B
6.73x1.21x3.68x7.01% 16.46B
12.17x1.92x6.43x6.74% 8.22B
10.16x2.87x8.21x8.6% 3.72B
5.53x0.84x2.5x6.57% 3.66B
6.96x3.5x5.63x12.42% 3.68B
5.38x2.72x3.64x - 2.96B
4.77x3.06x4.61x0.26% 2.71B
Average 7.71x 2.30x 4.96x 6.93% 5.74B
Weighted average by Cap. 8.03x 1.90x 4.76x 7.11%

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.
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