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China Three Gorges Renewables (Group) Co (SHSE:600905) EV-to-EBITDA : 20.21 (As of May. 03, 2024)


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What is China Three Gorges Renewables (Group) Co EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, China Three Gorges Renewables (Group) Co's enterprise value is ¥270,210 Mil. China Three Gorges Renewables (Group) Co's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was ¥13,371 Mil. Therefore, China Three Gorges Renewables (Group) Co's EV-to-EBITDA for today is 20.21.

The historical rank and industry rank for China Three Gorges Renewables (Group) Co's EV-to-EBITDA or its related term are showing as below:

SHSE:600905' s EV-to-EBITDA Range Over the Past 10 Years
Min: 21.03   Med: 22.89   Max: 33.72
Current: 21.54

During the past 13 years, the highest EV-to-EBITDA of China Three Gorges Renewables (Group) Co was 33.72. The lowest was 21.03. And the median was 22.89.

SHSE:600905's EV-to-EBITDA is ranked worse than
79.6% of 348 companies
in the Utilities - Independent Power Producers industry
Industry Median: 11.51 vs SHSE:600905: 21.54

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-05-03), China Three Gorges Renewables (Group) Co's stock price is ¥4.69. China Three Gorges Renewables (Group) Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥0.251. Therefore, China Three Gorges Renewables (Group) Co's PE Ratio for today is 18.69.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.


China Three Gorges Renewables (Group) Co EV-to-EBITDA Historical Data

The historical data trend for China Three Gorges Renewables (Group) Co's EV-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

China Three Gorges Renewables (Group) Co EV-to-EBITDA Chart

China Three Gorges Renewables (Group) Co Annual Data
Trend Dec09 Dec10 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 19.69 13.79 12.68

China Three Gorges Renewables (Group) Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.19 23.19 22.87 - -

Competitive Comparison of China Three Gorges Renewables (Group) Co's EV-to-EBITDA

For the Utilities - Renewable subindustry, China Three Gorges Renewables (Group) Co's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


China Three Gorges Renewables (Group) Co's EV-to-EBITDA Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, China Three Gorges Renewables (Group) Co's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where China Three Gorges Renewables (Group) Co's EV-to-EBITDA falls into.



China Three Gorges Renewables (Group) Co EV-to-EBITDA Calculation

China Three Gorges Renewables (Group) Co's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=270209.767/13371.43
=20.21

China Three Gorges Renewables (Group) Co's current Enterprise Value is ¥270,210 Mil.
China Three Gorges Renewables (Group) Co's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥13,371 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


China Three Gorges Renewables (Group) Co  (SHSE:600905) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

China Three Gorges Renewables (Group) Co's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=4.69/0.251
=18.69

China Three Gorges Renewables (Group) Co's share price for today is ¥4.69.
China Three Gorges Renewables (Group) Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0.251.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.

Please read Which price ratio outperforms the enterprise multiple?


China Three Gorges Renewables (Group) Co EV-to-EBITDA Related Terms

Thank you for viewing the detailed overview of China Three Gorges Renewables (Group) Co's EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


China Three Gorges Renewables (Group) Co (SHSE:600905) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Gongyuan Street, Room 206-23, 2nd Floor, Building 1, Tongzhou District, Beijing, CHN, 101149
China Three Gorges Renewables, or CTGR, is one of China's largest renewable energy producers. The firm operates wind farms, photovoltaic power plants, hydro-electric power plants, and energy storage projects. CTGR has a total generation capacity of about 26.5 gigawatts as of the end of 2022. In particular, the firm is also one of the largest offshore wind farm operators in China, with 4.9 GW of installed capacity at the end of 2022, representing about 16% of China's total capacity. Parent company, China Three Gorges, a state-owned enterprise, owns approximately 52.4% of CTGR's issued shares as of the end of 2022.

China Three Gorges Renewables (Group) Co (SHSE:600905) Headlines

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