China Automotive Systems, Inc. manufactures and sells automotive systems and components in China. The company was founded in 2003 and is based in Jing Zhou, China.
CAAS Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for CAAS, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that China Automotive Systems Inc ranked in the 67th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 115.5% on a DCF basis. The most interesting components of our discounted cash flow analysis for China Automotive Systems Inc ended up being:
The stock's equity weight, or the proportion of capital from equity relative to debt, is 82. Its equity weight surpasses that of 68.58% of free cash flow generating stocks in the Consumer Cyclical sector.
China Automotive Systems Inc's effective tax rate, as measured by taxes paid relative to net income, is at 69 -- greater than 95.93% of US stocks with positive free cash flow.
China Automotive Systems Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -0.2. This coverage rate is greater than that of only 24.62% of stocks we're observing for the purpose of forecasting via discounted cash flows.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of China Automotive Systems Inc? See CTRN, VIAC, QNST, VIRC, and BOOT.
China Automotive Systems Inc (NASDAQ:CAAS) was trading 1.4% lower from the previous closing price. A Form 4 filing filed with the SEC on Tuesday, December 8 showed that Li Jie sold 10,000 shares at an average price of $9.00. The transaction moved the executive's stake in China Automotive Systems Inc. to 91,030 shares.Why Insider Transactions Are Important? While transactions from an insider shouldn't be used as the sole item to make an investment or trading decision, an insider buying or selling stock in their company can be a good added factor that leads to more conviction in a decision.When an insider buys stock after an important sell off, that can indicate the insider's faith in the success of the organization. Henceforth, if the stock is bought at new highs, it might be because the...
China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced that a settlement hearing will be held on February 5, 2021 at 11:00 a.m. EST at the Court of Chancery in the Leonard L. Williams Justice Center, 500 North King Street, Wilmington, DE 19801.
China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced that it shipped approximately 70,000 commercial vehicle steering systems to leading Chinese truck OEM producers and the North America aftermarket in the month of November.