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Maanshan Iron & Steel Co Ltd
SSE:600808

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Maanshan Iron & Steel Co Ltd
SSE:600808
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Price: 3.87 CNY -0.77% Market Closed
Market Cap: ¥29.8B

EV/IC

0.7
Current
3%
More Expensive
vs 3-y average of 0.6

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
0.7
=
Enterprise Value
¥33.7B
/
Invested Capital
¥51.5B

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
0.7
=
Enterprise Value
¥33.7B
/
Invested Capital
¥51.5B

Valuation Scenarios

Maanshan Iron & Steel Co Ltd is trading above its 3-year average

If EV/IC returns to its 3-Year Average (0.6), the stock would be worth ¥3.78 (2% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-6%
Maximum Upside
+197%
Average Upside
90%
Scenario EV/IC Value Implied Price Upside/Downside
Current Multiple 0.7 ¥3.87
0%
3-Year Average 0.6 ¥3.78
-2%
5-Year Average 0.6 ¥3.63
-6%
Industry Average 1.8 ¥10.48
+171%
Country Average 1.9 ¥11.48
+197%

Forward EV/IC
Today’s price vs future invested capital

Not enough data available to calculate forward EV/IC

Peer Comparison

All Multiples
EV/IC
P/E
All Countries
Close
Market Cap EV/IC P/E
CN
Maanshan Iron & Steel Co Ltd
SSE:600808
29.8B CNY 0.7 -1 332.9
ZA
Kumba Iron Ore Ltd
JSE:KIO
100.1B ZAR 1.1 6.9
BR
Vale SA
BOVESPA:VALE3
346.5B BRL 1 25.2
US
Nucor Corp
NYSE:NUE
51.5B USD 1.8 29.9
LU
ArcelorMittal SA
AEX:MT
37.5B EUR 0.6 13.7
AU
Fortescue Metals Group Ltd
ASX:FMG
60.5B AUD 1.7 11.2
AU
Fortescue Ltd
XMUN:FVJ
36.9B EUR 1.7 11.4
US
Steel Dynamics Inc
NASDAQ:STLD
33.1B USD 2.5 24.2
IN
JSW Steel Ltd
NSE:JSWSTEEL
3.1T INR 1.8 41.2
IN
Tata Steel Ltd
NSE:TATASTEEL
2.6T INR 1.3 28.7
KR
Posco Holdings Inc
KRX:005490
34.9T KRW 0.5 53.1
P/E Multiple
Earnings Growth PEG
CN
M
Maanshan Iron & Steel Co Ltd
SSE:600808
Average P/E: 24.5
Negative Multiple: -1 332.9
N/A N/A
ZA
K
Kumba Iron Ore Ltd
JSE:KIO
6.9
-5%
N/A
BR
Vale SA
BOVESPA:VALE3
25.2
47%
0.5
US
Nucor Corp
NYSE:NUE
29.9
25%
1.2
LU
ArcelorMittal SA
AEX:MT
13.7
18%
0.8
AU
Fortescue Metals Group Ltd
ASX:FMG
11.2
-5%
N/A
AU
F
Fortescue Ltd
XMUN:FVJ
11.4
-5%
N/A
US
Steel Dynamics Inc
NASDAQ:STLD
24.2
23%
1.1
IN
JSW Steel Ltd
NSE:JSWSTEEL
41.2
72%
0.6
IN
Tata Steel Ltd
NSE:TATASTEEL
28.7
82%
0.4
KR
Posco Holdings Inc
KRX:005490
53.1
65%
0.8

Market Distribution

Lower than 84% of companies in China
Percentile
16th
Based on 7 566 companies
16th percentile
0.7
Low
0 — 1.1
Typical Range
1.1 — 3.4
High
3.4 —
Distribution Statistics
China
Min 0
30th Percentile 1.1
Median 1.9
70th Percentile 3.4
Max 1 129 391.6

Maanshan Iron & Steel Co Ltd
Glance View

Market Cap
29.8B CNY
Industry
Metals & Mining

Maanshan Iron & Steel Co Ltd, commonly known as Masteel, stands as a pillar in China's vast industrial landscape, embodying the gritty principles that have propelled the country into a manufacturing powerhouse. Established in the heart of Anhui Province, Masteel's operations are synonymous with the heavy clang of steelmaking, as it churns out a robust portfolio of products, including high-quality steel plates, strips, sections, wire rods, and train wheels. The company operates a vertically integrated business model where it manages every phase of production, from raw material sourcing to the final rolling of steel products. This comprehensive approach not only ensures quality control but also empowers Masteel to be an agile player responding adeptly to market demands and fluctuations. The economic engine of Masteel roars through its diverse steel products, which serve as crucial inputs across multiple sectors, including construction, automotive, shipbuilding, energy, and rail transport. By leveraging cutting-edge technology and innovation, the company has improved efficiency in its steel mills, reducing costs and emissions. In addition, Masteel capitalizes on strategic partnerships and its location within a region bustling with industrial activities, optimizing logistics and material supply. The symbiotic combination of these elements allows Masteel to maintain a strong market presence, generating substantial revenue streams aligned with China's ongoing infrastructural development and urbanization initiatives. Through strategic expansion and adaptation to global steel market dynamics, Masteel not only reinforces its domestic influence but also increasingly positions itself within the global steel market landscape.

Intrinsic Value
6 CNY
Undervaluation 36%
Intrinsic Value
Price ¥3.87
M
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