4.44 USD
-0.08 (-1.77%)
4.52 USD
+0.08 (+1.8%)
Taking everything into account, CAAS scores 4 out of 10 in our fundamental rating. CAAS was compared to 42 industry peers in the Automobile Components industry. CAAS has an excellent profitability rating, but there are concerns on its financial health. CAAS has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year CAAS was profitable.
In the past year CAAS had a positive cash flow from operations.
Of the past 5 years CAAS 4 years were profitable.
CAAS had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 3.47%, CAAS is in the better half of the industry, outperforming 76.19% of the companies in the same industry.
With a decent Return On Equity value of 8.00%, CAAS is doing good in the industry, outperforming 76.19% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 5.82%, CAAS is in line with its industry, outperforming 54.76% of the companies in the same industry.
CAAS had an Average Return On Invested Capital over the past 3 years of 4.01%. This is significantly below the industry average of 9.10%.
The last Return On Invested Capital (5.82%) for CAAS is above the 3 year average (4.01%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.47% | ||
| ROE | 8% | ||
| ROIC | 5.82% |
ROA(3y)3.8%
ROA(5y)2.45%
ROE(3y)8.77%
ROE(5y)5.62%
ROIC(3y)4.01%
ROIC(5y)N/A
1.3 Margins
CAAS has a Profit Margin of 4.21%. This is amongst the best in the industry. CAAS outperforms 83.33% of its industry peers.
In the last couple of years the Profit Margin of CAAS has grown nicely.
The Operating Margin of CAAS (5.42%) is better than 64.29% of its industry peers.
CAAS's Operating Margin has improved in the last couple of years.
The Gross Margin of CAAS (16.51%) is worse than 61.90% of its industry peers.
In the last couple of years the Gross Margin of CAAS has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.42% | ||
| PM (TTM) | 4.21% | ||
| GM | 16.51% |
OM growth 3Y184.06%
OM growth 5Y84.98%
PM growth 3Y27.37%
PM growth 5Y14.72%
GM growth 3Y5.03%
GM growth 5Y2.68%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), CAAS is destroying value.
Compared to 1 year ago, CAAS has about the same amount of shares outstanding.
Compared to 5 years ago, CAAS has less shares outstanding
The debt/assets ratio for CAAS is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 1.91 indicates that CAAS is not a great score, but indicates only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 1.91, CAAS is in line with its industry, outperforming 42.86% of the companies in the same industry.
CAAS has a Debt/Equity ratio of 0.43. This is a healthy value indicating a solid balance between debt and equity.
CAAS's Debt to Equity ratio of 0.43 is fine compared to the rest of the industry. CAAS outperforms 61.90% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.43 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.91 |
ROIC/WACC0.9
WACC6.45%
2.3 Liquidity
CAAS has a Current Ratio of 1.40. This is a normal value and indicates that CAAS is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of CAAS (1.40) is worse than 66.67% of its industry peers.
A Quick Ratio of 1.13 indicates that CAAS should not have too much problems paying its short term obligations.
CAAS has a Quick ratio of 1.13. This is comparable to the rest of the industry: CAAS outperforms 45.24% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.4 | ||
| Quick Ratio | 1.13 |
3. Growth
3.1 Past
The earnings per share for CAAS have decreased strongly by -20.80% in the last year.
The Earnings Per Share has been growing by 25.34% on average over the past years. This is a very strong growth
CAAS shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 16.72%.
The Revenue has been growing by 8.58% on average over the past years. This is quite good.
EPS 1Y (TTM)-20.8%
EPS 3Y41.42%
EPS 5Y25.34%
EPS Q2Q%75.75%
Revenue 1Y (TTM)16.72%
Revenue growth 3Y9.34%
Revenue growth 5Y8.58%
Sales Q2Q%17.65%
3.2 Future
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 4.48 indicates a rather cheap valuation of CAAS.
CAAS's Price/Earnings ratio is rather cheap when compared to the industry. CAAS is cheaper than 97.62% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.19. CAAS is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.48 | ||
| Fwd PE | N/A |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CAAS is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 0.58 |
4.3 Compensation for Growth
The decent profitability rating of CAAS may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.18
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
CAAS does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
4.44
-0.08 (-1.77%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners4.36%
Inst Owner Change0%
Ins Owners59.76%
Ins Owner Change0%
Market Cap133.95M
Revenue(TTM)725.26M
Net Income(TTM)29.32M
Analysts82.86
Price TargetN/A
Short Float %0.33%
Short Ratio0.87
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly Dividend0.74
Dividend Growth(5Y)N/A
DP82.56%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.48 | ||
| Fwd PE | N/A | ||
| P/S | 0.19 | ||
| P/FCF | N/A | ||
| P/OCF | 2.69 | ||
| P/B | 0.37 | ||
| P/tB | 0.37 | ||
| EV/EBITDA | 0.58 |
EPS(TTM)0.99
EY22.3%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)-0.1
FCFYN/A
OCF(TTM)1.65
OCFY37.12%
SpS23.08
BVpS12.14
TBVpS12.14
PEG (NY)N/A
PEG (5Y)0.18
Graham Number16.45
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.47% | ||
| ROE | 8% | ||
| ROCE | 9.1% | ||
| ROIC | 5.82% | ||
| ROICexc | 7.09% | ||
| ROICexgc | 7.09% | ||
| OM | 5.42% | ||
| PM (TTM) | 4.21% | ||
| GM | 16.51% | ||
| FCFM | N/A |
ROA(3y)3.8%
ROA(5y)2.45%
ROE(3y)8.77%
ROE(5y)5.62%
ROIC(3y)4.01%
ROIC(5y)N/A
ROICexc(3y)5.04%
ROICexc(5y)N/A
ROICexgc(3y)5.08%
ROICexgc(5y)N/A
ROCE(3y)6.36%
ROCE(5y)N/A
ROICexgc growth 3Y183.23%
ROICexgc growth 5Y93.06%
ROICexc growth 3Y183.02%
ROICexc growth 5Y92.92%
OM growth 3Y184.06%
OM growth 5Y84.98%
PM growth 3Y27.37%
PM growth 5Y14.72%
GM growth 3Y5.03%
GM growth 5Y2.68%
F-Score5
Asset Turnover0.83
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.43 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 2.76 | ||
| Cap/Depr | 282.79% | ||
| Cap/Sales | 7.56% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 88.22% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.4 | ||
| Quick Ratio | 1.13 | ||
| Altman-Z | 1.91 |
F-Score5
WACC6.45%
ROIC/WACC0.9
Cap/Depr(3y)139.03%
Cap/Depr(5y)105.74%
Cap/Sales(3y)4.82%
Cap/Sales(5y)4.08%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-20.8%
EPS 3Y41.42%
EPS 5Y25.34%
EPS Q2Q%75.75%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)16.72%
Revenue growth 3Y9.34%
Revenue growth 5Y8.58%
Sales Q2Q%17.65%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y0.48%
EBIT growth 3Y210.59%
EBIT growth 5Y100.85%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-122.36%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y48.48%
OCF growth 3Y-29.81%
OCF growth 5Y-20.25%
CHINA AUTOMOTIVE SYSTEMS INC / CAAS FAQ
Can you provide the ChartMill fundamental rating for CHINA AUTOMOTIVE SYSTEMS INC?
ChartMill assigns a fundamental rating of 4 / 10 to CAAS.
What is the valuation status for CAAS stock?
ChartMill assigns a valuation rating of 4 / 10 to CHINA AUTOMOTIVE SYSTEMS INC (CAAS). This can be considered as Fairly Valued.
How profitable is CHINA AUTOMOTIVE SYSTEMS INC (CAAS) stock?
CHINA AUTOMOTIVE SYSTEMS INC (CAAS) has a profitability rating of 7 / 10.
Can you provide the PE and PB ratios for CAAS stock?
The Price/Earnings (PE) ratio for CHINA AUTOMOTIVE SYSTEMS INC (CAAS) is 4.48 and the Price/Book (PB) ratio is 0.37.