Company Valuation: Aluminum Corporation of China Limited

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 56,575 93,498 70,665 88,509 113,753 227,481 227,481 -
Change - 65.26% -24.42% 25.25% 28.52% 99.98% 0% -
Enterprise Value (EV) 1 129,904 146,057 126,226 125,891 146,675 245,820 226,846 207,235
Change - 12.43% -13.58% -0.27% 16.51% 67.59% -7.72% -8.64%
P/E ratio 82.4x 12.3x 12.3x 9.08x 5.84x 14.3x 11.8x 11.2x
PBR 0.72x 1.04x - 1x 1.04x 2.56x 2.18x 1.83x
PEG - 0x -0.7x 0.1x 0.1x 0.9x 0.6x 1.92x
Capitalization / Revenue 0.3x 0.35x 0.24x 0.39x 0.48x 0.97x 0.94x 0.92x
EV / Revenue 0.7x 0.54x 0.43x 0.56x 0.62x 1.04x 0.94x 0.84x
EV / EBITDA 9.51x 7.53x 4.65x 4.44x 4.05x 5.95x 4.79x 4.17x
EV / EBIT 21.6x 13x 7.7x 7.14x 6.09x 8.52x 6.69x 6.09x
EV / FCF 13.2x 5.37x 5.45x 6.25x 6.53x 13.3x 11.5x 7.8x
FCF Yield 7.58% 18.6% 18.3% 16% 15.3% 7.52% 8.73% 12.8%
Dividend per Share 2 - 0.032 - 0.08 0.217 0.3015 0.4149 0.5052
Rate of return - 0.91% - 2.26% 5.14% 2.51% 3.45% 4.2%
EPS 2 0.028 0.286 0.239 0.39 0.722 0.8403 1.015 1.075
Distribution rate - 11.2% - 20.5% 30.1% 35.9% 40.9% 47%
Net sales 1 185,994 269,748 290,988 225,071 237,066 235,639 240,924 245,970
EBITDA 1 13,659 19,392 27,122 28,340 36,247 41,313 47,343 49,657
EBIT 1 6,023 11,208 16,393 17,643 24,083 28,867 33,927 34,002
Net income 1 741 5,080 4,192 6,717 12,400 14,387 17,229 18,297
Net Debt 1 73,329 52,560 55,561 37,382 32,923 18,339 -635 -20,246
Reference price 2 2.31 3.51 2.94 3.54 4.22 12.02 12.02 12.02
Nbr of stocks (in thousands) 17,022,673 17,022,673 17,161,592 17,161,592 17,156,499 17,155,632 17,155,632 -
Announcement Date 3/23/21 3/22/22 3/21/23 3/27/24 3/26/25 - - -
1CNY in Million2CNY
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
14.47x1.06x6.07x2.48% 33.33B
12.96x1x7.63x0.56% 23.01B
14.45x1.43x9.22x0.61% 17.08B
14.54x0.85x6.13x3.55% 16.22B
17.51x3.13x12.26x2.69% 12.04B
12.83x1.75x7.12x3.03% 9.74B
11.9x - - 2.96% 9.56B
13.42x3.59x8.41x2.35% 7.27B
17.44x - - 1% 5.16B
Average 14.39x 1.83x 8.12x 2.14% 14.82B
Weighted average by Cap. 14.24x 1.50x 7.69x 2.07%
See all sector valuations

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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