Cathay Real Estate Development Co.,Ltd.
Taiwan Stock ExchangeTotal Valuation
Cathay Real Estate Development Co.,Ltd. carries a market capitalization of 28.70B, placing it among publicly traded companies globally. Its enterprise value stands at 57.03B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.
| Market Cap | 28.70B |
| Enterprise Value | 57.03B |
Share Statistics
Cathay Real Estate Development Co.,Ltd. currently has 1.16B shares outstanding.
| Shares Outstanding | 1.16B |
| Owned by Insiders (%) | N/A |
| Owned by Institutions (%) | N/A |
Valuation Ratios
Cathay Real Estate Development Co.,Ltd. trades at a trailing price-to-earnings ratio of 8.26. The price-to-sales ratio is 1.12, and the price-to-book ratio stands at 1.19.
| PE Ratio | 8.26 |
| PS Ratio | 1.12 |
| PB Ratio | 1.19 |
| P/TBV Ratio | 0.83 |
| P/FCF Ratio | 4.40 |
| P/OCF Ratio | 4.53 |
Enterprise Valuation
On an enterprise value basis, Cathay Real Estate Development Co.,Ltd. trades at an EV/EBITDA multiple of 13.72 and an EV/FCF ratio of 8.72. The EV/Sales ratio of 2.35 reflects the premium investors are willing to pay for the company's revenue stream, while the EV/EBIT multiple of 13.72 provides insight into valuation relative to core operating earnings.
| EV / Sales | 2.35 |
| EV / EBITDA | 13.72 |
| EV / EBIT | 13.72 |
| EV / FCF | 8.72 |
Financial Position
Cathay Real Estate Development Co.,Ltd. maintains a current ratio of 1.55, meaning it holds 1.6x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 117.19, indicating elevated leverage, while an interest coverage ratio of 9.24 demonstrates adequate ability to service its debt obligations.
| Current Ratio | 1.55 |
| Quick Ratio | 0.25 |
| Debt / Equity | 117.19 |
| Debt / EBITDA | 9.27 |
| Interest Coverage | 9.24 |
Financial Efficiency
Cathay Real Estate Development Co.,Ltd. posts a return on equity of 15.09 and a return on invested capital of 4.83.
| Return on Equity (ROE) | 15.09 |
| Return on Assets (ROA) | 3.64 |
| Return on Invested Capital (ROIC) | 4.83 |
| Return on Capital Employed (ROCE) | 5.64 |
| Revenue Per Employee | N/A |
| Employee Count | N/A |
| Inventory Turnover | 0.35 |
Taxes
Over the trailing twelve months, Cathay Real Estate Development Co.,Ltd. has paid 615.87M in income taxes, reflecting an effective tax rate of 15.72.
| Income Tax | 615.87M |
| Effective Tax Rate | 15.72 |
Stock Price Statistics
Cathay Real Estate Development Co.,Ltd.'s stock has gained approximately 25.31646% over the past 52 weeks. The 50-day moving average sits at 23.78, while the 200-day moving average is 23.18.
| Beta (5Y) | N/A |
| 52-Week Price Change | 25.31646% |
| 50-Day Moving Average | 23.78 |
| 200-Day Moving Average | 23.18 |
| Average Volume (20 Days) | N/A |
Income Statement
Over the trailing twelve months, Cathay Real Estate Development Co.,Ltd. generated 24.29B in revenue and converted that into 3.28B in net income, yielding earnings per share of 2.85. EBITDA reached 4.16B, while operating income came in at 4.16B.
| Revenue | 24.29B |
| Gross Profit | 6.74B |
| Operating Income | 4.16B |
| Pretax Income | 3.92B |
| Net Income | 3.28B |
| EBITDA | 4.16B |
| EBIT | 4.16B |
| Earnings Per Share (EPS) | 2.85 |
Balance Sheet
Cathay Real Estate Development Co.,Ltd. holds 10.78B in cash and equivalents against 38.53B in total debt, resulting in a net debt position of 26.98B. Total book value stands at 22.71B, with working capital of 23.72B providing operational flexibility.
| Cash & Cash Equivalents | 10.78B |
| Total Debt | 38.53B |
| Net Debt | 26.98B |
| Equity (Book Value) | 22.71B |
| Book Value Per Share | 19.61 |
| Working Capital | 23.72B |
Cash Flow
Cathay Real Estate Development Co.,Ltd. produced 5.98B in operating cash flow over the past twelve months. After subtracting -182.94M in capital expenditures, free cash flow totaled 5.80B - equivalent to 5.00 per share.
| Operating Cash Flow | 5.98B |
| Capital Expenditures | -182.94M |
| Free Cash Flow | 5.80B |
| FCF Per Share | 5.00 |
Margins
Cathay Real Estate Development Co.,Ltd. operates with a gross margin of 27.76, reflecting its pricing power and cost economics. The operating margin of 17.12 and net profit margin of 13.51 provide insight into operational efficiency.
| Gross Margin | 27.76 |
| Operating Margin | 17.12 |
| Pretax Margin | 16.13 |
| Profit Margin | 13.51 |
| EBITDA Margin | 17.12 |
Dividends & Yields
The company's payout ratio of -0.22 indicates the proportion of earnings distributed to shareholders.
| Dividend Per Share | -0.01 |
| Dividend Yield | N/A |
| Payout Ratio | -0.22 |
| Shareholder Yield | 23.22 |
| FCF Yield | 22.73 |
Stock Splits
Cathay Real Estate Development Co.,Ltd.'s most recent stock split took place on October 13, 2016 with a 10:7 split ratio.
| Last Split Date | 10/13/2016 |
| Split Ratio | 10:7 |
Scores
Cathay Real Estate Development Co.,Ltd. posts an Altman Z-Score of 1.18, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.
| Altman Z-Score | 1.18 |