601611.SS
China Nuclear Engineering & Construction Corp Ltd
Price:  
9.19 
CNY
Volume:  
20,404,794
China | Construction & Engineering

601611.SS DCF Valuation - Growth Exit 5Y

-43.9 %
Upside

What is the DCF valuation of 601611.SS?

The Discounted Cash Flow (DCF) valuation of China Nuclear Engineering & Construction Corp Ltd (601611.SS) is 5.15 CNY. With the latest stock price at 9.19 CNY, the upside of China Nuclear Engineering & Construction Corp Ltd based on DCF is -43.9%.

Is 601611.SS a buy or a sell?

Based on the latest price of 9.19 CNY and our DCF valuation, China Nuclear Engineering & Construction Corp Ltd (601611.SS) is a sell. Selling 601611.SS stocks now will result in a potential gain of 43.9%.

Range Selected
WACC / Discount Rate6.3% - 8.1%7.2%
Long-term Growth Rate 2.5% - 4.5%3.5%
Fair Price(3.63) - 32.615.15
Upside-139.5% - 254.8%-43.9%
9.19 CNY
Stock Price
5.15 CNY
Fair Price
REVENUE & EXPENSES
CAPEX
D&A
WORKING CAPITAL
TERMINAL VALUE

601611.SS DCF Valuation: Revenue & Expenses Forecast

(CNY in millions)Projections
12-202412-202512-202612-202712-202812-2029
Revenue113,541124,271133,215144,306158,884176,418
% Growth
4%9%7%8%10%11%
Cost of goods sold(100,241)(107,520)(112,953)(119,909)(129,382)(140,788)
% of Revenue88%87%85%83%81%80%
Selling, G&A expenses(4,989)(5,460)(5,853)(6,341)(6,981)(7,752)
% of Revenue4%4%4%4%4%4%
Research & Development(3,144)(3,441)(3,689)(3,996)(4,400)(4,885)
% of Revenue3%3%3%3%3%3%
Net interest & other expenses(2,022)(2,214)(2,373)(2,570)(2,830)(3,142)
% of Revenue2%2%2%2%2%2%
Tax expense(354)(946)(1,401)(1,929)(2,567)(3,332)
Tax rate11%17%17%17%17%17%
Net profit2,7914,6906,9469,56112,72416,519
% Margin2%4%5%7%8%9%