CBAK ENERGY TECHNOLOGY INC (CBAT) Stock Fundamental Analysis
USA - NASDAQ:CBAT - US14986C1027 - Common Stock
0.863 USD
-0.05 (-5.16%)
0.8631 USD
+0 (+0.01%)
We assign a fundamental rating of 4 out of 10 to CBAT. CBAT was compared to 92 industry peers in the Electrical Equipment industry. There are concerns on the financial health of CBAT while its profitability can be described as average. CBAT has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
CBAT had negative earnings in the past year.
In the past year CBAT had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: CBAT reported negative net income in multiple years.
The reported operating cash flow has been mixed in the past 5 years: CBAT reported negative operating cash flow in multiple years.
1.2 Ratios
CBAT has a Return On Assets of 0.12%. This is in the better half of the industry: CBAT outperforms 66.30% of its industry peers.
With a decent Return On Equity value of 0.31%, CBAT is doing good in the industry, outperforming 66.30% of the companies in the same industry.
With a decent Return On Invested Capital value of 0.86%, CBAT is doing good in the industry, outperforming 61.96% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.12% | ||
| ROE | 0.31% | ||
| ROIC | 0.86% |
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 (0.25%) is better than 66.30% of its industry peers.
CBAT's Profit Margin has declined in the last couple of years.
CBAT's Operating Margin of 1.09% is fine compared to the rest of the industry. CBAT outperforms 63.04% of its industry peers.
Looking at the Gross Margin, with a value of 21.68%, CBAT is in line with its industry, outperforming 45.65% of the companies in the same industry.
CBAT's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 1.09% | ||
| PM (TTM) | 0.25% | ||
| GM | 21.68% |
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) below the Cost of Capital (WACC), CBAT is destroying value.
CBAT has about the same amout of shares outstanding than it did 1 year ago.
CBAT has more shares outstanding than it did 5 years ago.
CBAT has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.08, we must say that CBAT is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of CBAT (0.08) is comparable to the rest of the industry.
CBAT has a debt to FCF ratio of 51.08. This is a negative value and a sign of low solvency as CBAT would need 51.08 years to pay back of all of its debts.
The Debt to FCF ratio of CBAT (51.08) is better than 64.13% of its industry peers.
CBAT has a Debt/Equity ratio of 0.28. This is a healthy value indicating a solid balance between debt and equity.
CBAT has a Debt to Equity ratio of 0.28. This is comparable to the rest of the industry: CBAT outperforms 54.35% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.28 | ||
| Debt/FCF | 51.08 | ||
| Altman-Z | 0.08 |
ROIC/WACC0.15
WACC5.72%
2.3 Liquidity
A Current Ratio of 0.82 indicates that CBAT may have some problems paying its short term obligations.
With a Current ratio value of 0.82, CBAT is not doing good in the industry: 81.52% of the companies in the same industry are doing better.
A Quick Ratio of 0.64 indicates that CBAT may have some problems paying its short term obligations.
CBAT has a Quick ratio of 0.64. This is in the lower half of the industry: CBAT underperforms 73.91% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.82 | ||
| Quick Ratio | 0.64 |
3. Growth
3.1 Past
The earnings per share for CBAT have decreased strongly by -158.82% in the last year.
Measured over the past years, CBAT shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -42.83% on average per year.
The Revenue for CBAT has decreased by -13.61% in the past year. This is quite bad
CBAT shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 51.40% yearly.
EPS 1Y (TTM)-158.82%
EPS 3Y-42.83%
EPS 5YN/A
EPS Q2Q%-142.86%
Revenue 1Y (TTM)-13.61%
Revenue growth 3Y49.65%
Revenue growth 5Y51.4%
Sales Q2Q%-15.21%
3.2 Future
Based on estimates for the next years, CBAT will show a very negative growth in Earnings Per Share. The EPS will decrease by -20.77% on average per year.
CBAT is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 11.65% yearly.
EPS Next Y-194.15%
EPS Next 2Y-20.77%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-22.1%
Revenue Next 2Y11.65%
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.
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
CBAT reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
A Price/Forward Earnings ratio of 10.58 indicates a reasonable valuation of CBAT.
Based on the Price/Forward Earnings ratio, CBAT is valued cheaply inside the industry as 92.39% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.86, CBAT is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 10.58 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CBAT is valued cheaper than 97.83% of the companies in the same industry.
CBAT's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. CBAT is cheaper than 65.22% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 115.72 | ||
| EV/EBITDA | 6.33 |
4.3 Compensation for Growth
CBAT's earnings are expected to decrease with -20.77% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-20.77%
EPS Next 3YN/A
5. Dividend
5.1 Amount
CBAT does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
0.863
-0.05 (-5.16%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners2.08%
Inst Owner Change1.33%
Ins Owners25.43%
Ins Owner Change0%
Market Cap76.50M
Analysts0
Price Target1.53 (77.29%)
Short Float %1.49%
Short Ratio5.4
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)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)0
Avg Revenue beat(2)-42.35%
Min Revenue beat(2)-50.36%
Max Revenue beat(2)-34.33%
Revenue beat(4)0
Avg Revenue beat(4)-33.59%
Min Revenue beat(4)-50.36%
Max Revenue beat(4)-24.56%
Revenue beat(8)1
Avg Revenue beat(8)-19.71%
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)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)-400%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-31.52%
Revenue NY rev (1m)11.34%
Revenue NY rev (3m)-29.66%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 10.58 | ||
| P/S | 0.5 | ||
| P/FCF | 115.72 | ||
| P/OCF | 3.38 | ||
| P/B | 0.63 | ||
| P/tB | 0.63 | ||
| EV/EBITDA | 6.33 |
EPS(TTM)-0.1
EYN/A
EPS(NY)0.08
Fwd EY9.46%
FCF(TTM)0.01
FCFY0.86%
OCF(TTM)0.26
OCFY29.59%
SpS1.72
BVpS1.36
TBVpS1.36
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.12% | ||
| ROE | 0.31% | ||
| ROCE | 1.22% | ||
| ROIC | 0.86% | ||
| ROICexc | 0.91% | ||
| ROICexgc | 0.92% | ||
| OM | 1.09% | ||
| PM (TTM) | 0.25% | ||
| GM | 21.68% | ||
| FCFM | 0.43% |
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-Score3
Asset Turnover0.49
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.28 | ||
| Debt/FCF | 51.08 | ||
| Debt/EBITDA | 3.07 | ||
| Cap/Depr | 234.88% | ||
| Cap/Sales | 14.39% | ||
| Interest Coverage | 3.34 | ||
| Cash Conversion | 205.51% | ||
| Profit Quality | 176.53% | ||
| Current Ratio | 0.82 | ||
| Quick Ratio | 0.64 | ||
| Altman-Z | 0.08 |
F-Score3
WACC5.72%
ROIC/WACC0.15
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)-158.82%
EPS 3Y-42.83%
EPS 5YN/A
EPS Q2Q%-142.86%
EPS Next Y-194.15%
EPS Next 2Y-20.77%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-13.61%
Revenue growth 3Y49.65%
Revenue growth 5Y51.4%
Sales Q2Q%-15.21%
Revenue Next Year-22.1%
Revenue Next 2Y11.65%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-90.53%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-72.57%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y15.61%
OCF growth 3YN/A
OCF growth 5YN/A