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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: 368.16 CNY -4.38% Market Closed
Market Cap: ¥279B

P/OCF

82.8
Current
439%
More Expensive
vs 3-y average of 15.4

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
82.8
=
Market Cap
¥299.6B
/
Operating Cash Flow
¥3.7B

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
82.8
=
Market Cap
¥299.6B
/
Operating Cash Flow
¥3.7B

Valuation Scenarios

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

If P/OCF returns to its 3-Year Average (15.4), the stock would be worth ¥68.28 (81% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-81%
Maximum Upside
No Upside Scenarios
Average Downside
70%
Scenario P/OCF Value Implied Price Upside/Downside
Current Multiple 82.8 ¥368.16
0%
3-Year Average 15.4 ¥68.28
-81%
5-Year Average 18.1 ¥80.33
-78%
Industry Average 47.3 ¥210.39
-43%
Country Average 18.3 ¥81.14
-78%

Forward P/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward P/OCF

Peer Comparison

All Multiples
P/OCF
P/E
All Countries
Close
Market Cap P/OCF P/E
CN
Yangtze Optical Fibre and Cable Joint Stock Ltd Co
SSE:601869
302.6B CNY 82.8 371.9
JP
Nakayo Inc
TSE:6715
111.4T JPY 450 987.5 7 956 708
US
Cisco Systems Inc
NASDAQ:CSCO
351.7B USD 26.4 31.8
US
Arista Networks Inc
NYSE:ANET
222.3B USD 50.8 63.3
CN
Zhongji Innolight Co Ltd
SZSE:300308
985.6B CNY 81.5 65.9
US
Motorola Solutions Inc
NYSE:MSI
72.6B USD 25.6 33.7
US
Ciena Corp
NYSE:CIEN
73.7B USD 79.2 321.6
US
Ubiquiti Inc
NYSE:UI
62.5B USD 86.8 69.9
US
Lumentum Holdings Inc
NASDAQ:LITE
62.9B USD 254 249.4
FI
Nokia Oyj
OMXH:NOKIA
50.6B EUR 25.7 64.6
CN
Suzhou TFC Optical Communication Co Ltd
SZSE:300394
251.8B CNY 143.3 115.9

Market Distribution

Higher than 86% of companies in China
Percentile
86th
Based on 6 232 companies
86th percentile
82.8
Low
0.2 — 9.8
Typical Range
9.8 — 36.5
High
36.5 —
Distribution Statistics
China
Min 0.2
30th Percentile 9.8
Median 18.3
70th Percentile 36.5
Max 266 666.7

Yangtze Optical Fibre and Cable Joint Stock Ltd Co
Glance View

Market Cap
279B 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 77%
Intrinsic Value
Price ¥368.16
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