CBAK ENERGY TECHNOLOGY INC (CBAT) Stock Fundamental Analysis
NASDAQ:CBAT - Nasdaq - US14986C1027 - Common Stock - Currency: USD
CBAT gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 95 industry peers in the Electrical Equipment industry. Both the profitability and the financial health of CBAT get a neutral evaluation. Nothing too spectacular is happening here. CBAT has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year CBAT has reported negative net income.
CBAT had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: CBAT reported negative net income in multiple years.
In multiple years CBAT reported negative operating cash flow during the last 5 years.
1.2 Ratios
CBAT's Return On Assets of 3.90% is fine compared to the rest of the industry. CBAT outperforms 80.00% of its industry peers.
CBAT's Return On Equity of 9.69% is amongst the best of the industry. CBAT outperforms 81.05% of its industry peers.
Looking at the Return On Invested Capital, with a value of 8.68%, CBAT belongs to the top of the industry, outperforming 82.11% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.9% | ||
| ROE | 9.69% | ||
| ROIC | 8.68% |
ROA(3y)-0.27%
ROA(5y)3.43%
ROE(3y)-0.16%
ROE(5y)6.15%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin of CBAT (6.68%) is better than 82.11% of its industry peers.
In the last couple of years the Profit Margin of CBAT has declined.
The Operating Margin of CBAT (8.96%) is better than 78.95% of its industry peers.
With a Gross Margin value of 26.69%, CBAT perfoms like the industry average, outperforming 60.00% of the companies in the same industry.
CBAT's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.96% | ||
| PM (TTM) | 6.68% | ||
| GM | 26.69% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-61.47%
PM growth 5YN/A
GM growth 3Y32.43%
GM growth 5Y33.2%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), CBAT is creating some value.
CBAT has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, CBAT has more shares outstanding
The debt/assets ratio for CBAT has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.34, we must say that CBAT is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of CBAT (0.34) is comparable to the rest of the industry.
The Debt to FCF ratio of CBAT is 1.17, which is an excellent value as it means it would take CBAT, only 1.17 years of fcf income to pay off all of its debts.
CBAT has a Debt to FCF ratio of 1.17. This is amongst the best in the industry. CBAT outperforms 91.58% of its industry peers.
A Debt/Equity ratio of 0.22 indicates that CBAT is not too dependend on debt financing.
The Debt to Equity ratio of CBAT (0.22) is better than 61.05% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.22 | ||
| Debt/FCF | 1.17 | ||
| Altman-Z | 0.34 |
ROIC/WACC1.51
WACC5.76%
2.3 Liquidity
CBAT has a Current Ratio of 0.82. This is a bad value and indicates that CBAT is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Current ratio value of 0.82, CBAT is not doing good in the industry: 82.11% of the companies in the same industry are doing better.
A Quick Ratio of 0.69 indicates that CBAT may have some problems paying its short term obligations.
CBAT's Quick ratio of 0.69 is on the low side compared to the rest of the industry. CBAT is outperformed by 74.74% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.82 | ||
| Quick Ratio | 0.69 |
3. Growth
3.1 Past
CBAT shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -100.00%.
CBAT shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -42.83% yearly.
CBAT shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -13.61%.
Measured over the past years, CBAT shows a very strong growth in Revenue. The Revenue has been growing by 51.40% on average per year.
EPS 1Y (TTM)-100%
EPS 3Y-42.83%
EPS 5YN/A
EPS Q2Q%-118.18%
Revenue 1Y (TTM)-13.61%
Revenue growth 3Y49.65%
Revenue growth 5Y51.4%
Sales Q2Q%-40.6%
3.2 Future
Based on estimates for the next years, CBAT will show a very strong growth in Earnings Per Share. The EPS will grow by 22.10% on average per year.
CBAT is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 23.08% yearly.
EPS Next Y-68.62%
EPS Next 2Y22.1%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year10.75%
Revenue Next 2Y23.08%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Forward Earnings ratio is 4.53, which indicates a rather cheap valuation of CBAT.
Based on the Price/Forward Earnings ratio, CBAT is valued cheaper than 98.95% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 21.77. CBAT is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 4.53 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CBAT is valued cheaper than 98.95% of the companies in the same industry.
CBAT's Price/Free Cash Flow ratio is rather cheap when compared to the industry. CBAT is cheaper than 97.89% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.5 | ||
| EV/EBITDA | 2.55 |
4.3 Compensation for Growth
CBAT's earnings are expected to grow with 22.10% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y22.1%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for CBAT!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
0.877
+0.03 (+3.18%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners2.07%
Inst Owner Change7.49%
Ins Owners19.76%
Ins Owner Change0%
Market Cap78.88M
Analysts0
Price Target2.04 (132.61%)
Short Float %1.41%
Short Ratio6.19
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-345.1%
Min EPS beat(2)-590.2%
Max EPS beat(2)-100%
EPS beat(4)1
Avg EPS beat(4)121.57%
Min EPS beat(4)-590.2%
Max EPS beat(4)1178.43%
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)0
Avg Revenue beat(2)-37.46%
Min Revenue beat(2)-50.36%
Max Revenue beat(2)-24.56%
Revenue beat(4)0
Avg Revenue beat(4)-27.05%
Min Revenue beat(4)-50.36%
Max Revenue beat(4)-8.15%
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)-100%
EPS NY rev (1m)0%
EPS NY rev (3m)-63.64%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.67%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 4.53 | ||
| P/S | 0.45 | ||
| P/FCF | 3.5 | ||
| P/OCF | 1.99 | ||
| P/B | 0.65 | ||
| P/tB | 0.65 | ||
| EV/EBITDA | 2.55 |
EPS(TTM)0
EYN/A
EPS(NY)0.19
Fwd EY22.1%
FCF(TTM)0.25
FCFY28.55%
OCF(TTM)0.44
OCFY50.34%
SpS1.96
BVpS1.35
TBVpS1.35
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.9% | ||
| ROE | 9.69% | ||
| ROCE | 12.13% | ||
| ROIC | 8.68% | ||
| ROICexc | 9.33% | ||
| ROICexgc | 9.35% | ||
| OM | 8.96% | ||
| PM (TTM) | 6.68% | ||
| GM | 26.69% | ||
| FCFM | 12.75% |
ROA(3y)-0.27%
ROA(5y)3.43%
ROE(3y)-0.16%
ROE(5y)6.15%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-61.47%
PM growth 5YN/A
GM growth 3Y32.43%
GM growth 5Y33.2%
F-Score7
Asset Turnover0.58
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.22 | ||
| Debt/FCF | 1.17 | ||
| Debt/EBITDA | 1.06 | ||
| Cap/Depr | 187.41% | ||
| Cap/Sales | 9.73% | ||
| Interest Coverage | 38.8 | ||
| Cash Conversion | 158.81% | ||
| Profit Quality | 190.99% | ||
| Current Ratio | 0.82 | ||
| Quick Ratio | 0.69 | ||
| Altman-Z | 0.34 |
F-Score7
WACC5.76%
ROIC/WACC1.51
Cap/Depr(3y)228.34%
Cap/Depr(5y)286.62%
Cap/Sales(3y)10.68%
Cap/Sales(5y)16.73%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-100%
EPS 3Y-42.83%
EPS 5YN/A
EPS Q2Q%-118.18%
EPS Next Y-68.62%
EPS Next 2Y22.1%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-13.61%
Revenue growth 3Y49.65%
Revenue growth 5Y51.4%
Sales Q2Q%-40.6%
Revenue Next Year10.75%
Revenue Next 2Y23.08%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y367.83%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y98.88%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-14.63%
OCF growth 3YN/A
OCF growth 5YN/A