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Yangtze Optical Fibre and Cable Joint Stock Ltd Co
SSE:601869

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Yangtze Optical Fibre and Cable Joint Stock Ltd Co
SSE:601869
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Price: 353.9 CNY -4.49% Market Closed
Market Cap: ¥268.2B

P/FCFE

176.3
Current
440%
More Expensive
vs 3-y average of 32.6

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
176.3
=
Market Cap
¥299.6B
/
Free Cash Flow to Equity
¥1.6B

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
176.3
=
Market Cap
¥299.6B
/
Free Cash Flow to Equity
¥1.6B

Valuation Scenarios

Yangtze Optical Fibre and Cable Joint Stock Ltd Co is trading above its 3-year average

If P/FCFE returns to its 3-Year Average (32.6), the stock would be worth ¥65.48 (81% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-85%
Maximum Upside
No Upside Scenarios
Average Downside
78%
Scenario P/FCFE Value Implied Price Upside/Downside
Current Multiple 176.3 ¥353.9
0%
3-Year Average 32.6 ¥65.48
-81%
5-Year Average 27.2 ¥54.68
-85%
Industry Average 71.9 ¥144.33
-59%
Country Average 26.4 ¥52.98
-85%

Forward P/FCFE
Today’s price vs future free cash flow to equity

Not enough data available to calculate forward P/FCFE

Peer Comparison

All Multiples
P/FCFE
P/E
All Countries
Close
Market Cap P/FCFE P/E
CN
Yangtze Optical Fibre and Cable Joint Stock Ltd Co
SSE:601869
290.9B CNY 176.3 357.5
JP
Nakayo Inc
TSE:6715
111.4T JPY -241 112.4 7 956 708
US
Cisco Systems Inc
NASDAQ:CSCO
362.9B USD 35.7 32.8
US
Arista Networks Inc
NYSE:ANET
217B USD 51 61.8
CN
Zhongji Innolight Co Ltd
SZSE:300308
952.8B CNY 143.2 63.7
US
Ciena Corp
NYSE:CIEN
75.7B USD 114.1 330.6
US
Motorola Solutions Inc
NYSE:MSI
72.2B USD 13.1 33.5
FI
Nokia Oyj
OMXH:NOKIA
59.3B EUR 516.2 75.8
US
Lumentum Holdings Inc
NASDAQ:LITE
67.8B USD 210.2 268.7
US
Ubiquiti Inc
NYSE:UI
61.7B USD 187.4 69
TW
Accton Technology Corp
TWSE:2345
1.3T TWD 43.6 48.4

Market Distribution

Higher than 90% of companies in China
Percentile
90th
Based on 5 086 companies
90th percentile
176.3
Low
0.2 — 13.7
Typical Range
13.7 — 52.8
High
52.8 —
Distribution Statistics
China
Min 0.2
30th Percentile 13.7
Median 26.4
70th Percentile 52.8
Max 2 279 450.9

Yangtze Optical Fibre and Cable Joint Stock Ltd Co
Glance View

Market Cap
268.2B CNY
Industry
Communications

In the sprawling industrial tapestry of China, Yangtze Optical Fibre and Cable Joint Stock Ltd Co. (YOFC) stands as a beacon of modern communication. Established in 1988, YOFC has woven itself into the fabric of telecom infrastructure as one of the leading providers of optical fiber and cable solutions worldwide. The company's journey began as a joint venture between China’s Wuhan Yangtze Communications Industry Group Co., Ltd. and two global giants—China's Ministry of Posts and Telecommunications and Japan's Sumitomo Electric Industries. This strategic alliance laid the groundwork for YOFC's expansive growth, enabling it to blend innovative technology with a robust manufacturing capability. At the heart of YOFC's business model lies the production of a vast array of optical fiber products, which are the backbone of digital communication networks. It manufactures preforms, optical fibers, and cables, and its offerings are pivotal to 5G mobile networks, broadband internet services, and data centers. YOFC makes money by selling these high-quality products to telecommunications providers globally, capitalizing on the ever-growing demand for faster and more reliable internet connectivity. Its competitive edge stems from its integrated production processes and substantial R&D investments, which not only enhance product quality and efficiency but also create a barrier against new market entrants. This combination of strategic partnerships, technological prowess, and supply chain excellence has cemented YOFC’s position as a critical player in the global telecommunications market.

Intrinsic Value
84.47 CNY
Overvaluation 76%
Intrinsic Value
Price ¥353.9
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