The Discounted Cash Flow (DCF) valuation of First Tractor Co Ltd (601038.SS) is 12.21 CNY. With the latest stock price at 13.09 CNY, the upside of First Tractor Co Ltd based on DCF is -6.7%.
Based on the latest price of 13.09 CNY and our DCF valuation, First Tractor Co Ltd (601038.SS) is a sell. selling 601038.SS stocks now will result in a potential gain of 6.7%.
| Range | Selected | |
| WACC / Discount Rate | 7.8% - 9.8% | 8.8% |
| Long-term Growth Rate | 1.0% - 3.0% | 2.0% |
| Fair Price | 9.51 - 17.12 | 12.21 |
| Upside | -27.3% - 30.8% | -6.7% |