F

First Tractor Co Ltd
SSE:601038

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First Tractor Co Ltd
SSE:601038
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Price: 13.87 CNY -2.12%
Market Cap: 10.1B CNY
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Relative Value

The Relative Value of one First Tractor Co Ltd stock under the Base Case scenario is 21.06 CNY. Compared to the current market price of 13.87 CNY, First Tractor Co Ltd is Undervalued by 34%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

Relative Value
Base Case
21.06 CNY
Undervaluation 34%
Relative Value
Price
F
Worst Case
Base Case
Best Case

Valuation Multiples

0.8
P/S
P/S
Price to Sales
0.8
vs History
49
vs Industry
62
Median 3Y
0.8
Median 5Y
0.9
Industry
1.6
Forward
0.8
More Details
10
P/E
P/E
Price to Earnings
10
vs History
76
vs Industry
60
Median 3Y
11.8
Median 5Y
14.6
Industry
20.5
Forward
9
More Details
7.8
P/OCF
P/OCF
Price to OCF
7.8
vs History
49
vs Industry
48
Median 3Y
8
Median 5Y
8.2
Industry
14.7
More Details
11.5
P/FCFE
P/FCFE
Price to FCFE
11.5
vs History
28
vs Industry
42
Median 3Y
7.9
Median 5Y
7.9
Industry
20.9
More Details
1.4
P/B
P/B
Price to Book Value
1.4
vs History
49
vs Industry
45
Median 3Y
1.5
Median 5Y
1.5
Industry
1.8
More Details
0.8
EV/S
EV/S
Enterprise Value to Sales
0.8
vs History
33
vs Industry
64
Median 3Y
0.6
Median 5Y
0.7
Industry
1.6
Forward
0.7
More Details
5.1
EV/GP
EV/GP
Enterprise Value to Gross Profit
5.1
vs History
22
vs Industry
48
Median 3Y
3.6
Median 5Y
4.1
Industry
6.1
More Details
10.2
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
10.2
vs History
26
vs Industry
43
Median 3Y
8.5
Median 5Y
7.9
Industry
12.4
Forward
7.3
More Details
10.2
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
10.2
vs History
26
vs Industry
49
Median 3Y
8.5
Median 5Y
7.9
Industry
16
Forward
9.8
More Details
7.3
EV/OCF
EV/OCF
Enterprise Value to OCF
7.3
vs History
46
vs Industry
49
Median 3Y
7.3
Median 5Y
7.1
Industry
14.6
More Details
8
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
8
vs History
41
vs Industry
39
Median 3Y
8
Median 5Y
6.2
Industry
17.7
More Details
1.1
EV/IC
EV/IC
Enterprise Value to IC
1.1
vs History
25
vs Industry
43
Median 3Y
1.1
Median 5Y
1.1
Industry
1.3
More Details

Multiples Across Competitors

Competitors Multiples
First Tractor Co Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CN
First Tractor Co Ltd
SSE:601038
10.4B CNY 0.8 10 10.2 10.2
US
Deere & Co
NYSE:DE
113.1B USD 2.2 15.9 10.7 12.5
UK
CNH Industrial NV
MIL:CNHI
14.6B EUR 0.6 6.8 6.6 7.8
JP
Kubota Corp
TSE:6326
2.1T JPY 0.7 8.3 6.6 8.8
US
Toro Co
NYSE:TTC
8B USD 1.8 19.2 13.2 16.4
US
AGCO Corp
NYSE:AGCO
6.8B USD 0.5 40.3 10.8 16.6
IN
Escorts Kubota Ltd
NSE:ESCORTS
373.4B INR 3.8 32.1 29 34.2
SE
Husqvarna AB
STO:HUSQ B
33.7B SEK 0.7 23.6 13.1 13.1
TR
Turk Traktor ve Ziraat Makineleri AS
IST:TTRAK.E
71B TRY 0.8 7.1 4.5 5.2
US
Lindsay Corp
NYSE:LNN
1.3B USD 2.1 19.6 12.5 16
IT
Comer Industries SpA
MIL:COM
882.6m EUR 0.8 11.3 5.2 7.4
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CN
F
First Tractor Co Ltd
SSE:601038
Average EV/EBITDA: 11.1
10.2
29%
0.4
US
Deere & Co
NYSE:DE
10.7
-20%
N/A
UK
CNH Industrial NV
MIL:CNHI
6.6
N/A N/A
JP
Kubota Corp
TSE:6326
6.6
2%
3.3
US
Toro Co
NYSE:TTC
13.2
8%
1.7
US
AGCO Corp
NYSE:AGCO
10.8
-14%
N/A
IN
Escorts Kubota Ltd
NSE:ESCORTS
29
14%
2.1
SE
Husqvarna AB
STO:HUSQ B
13.1
2%
6.6
TR
Turk Traktor ve Ziraat Makineleri AS
IST:TTRAK.E
4.5
13%
0.3
US
Lindsay Corp
NYSE:LNN
12.5
8%
1.6
IT
Comer Industries SpA
MIL:COM
5.2
-3%
N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CN
F
First Tractor Co Ltd
SSE:601038
Average EV/EBIT: 13.5
10.2
21%
0.5
US
Deere & Co
NYSE:DE
12.5
-21%
N/A
UK
CNH Industrial NV
MIL:CNHI
7.8
N/A N/A
JP
Kubota Corp
TSE:6326
8.8
N/A N/A
US
Toro Co
NYSE:TTC
16.4
8%
2.1
US
AGCO Corp
NYSE:AGCO
16.6
-18%
N/A
IN
Escorts Kubota Ltd
NSE:ESCORTS
34.2
17%
2
SE
Husqvarna AB
STO:HUSQ B
13.1
4%
3.3
TR
Turk Traktor ve Ziraat Makineleri AS
IST:TTRAK.E
5.2
13%
0.4
US
Lindsay Corp
NYSE:LNN
16
10%
1.6
IT
Comer Industries SpA
MIL:COM
7.4
-6%
N/A

See Also

Summary
Intrinsic value, competitors valuation, and company profile.
DCF Valuation
Stock valuation using Discount Cash Flow valuation method.
Relative Valuation
Stock valuation using valuation multiples.
Wall Street Estimates
Price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
Stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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