With a market capitalization of $64,330,468,580, China Life Insurance Co Ltd has a greater market value than 97.09% of US stocks.
Price to trailing twelve month operating cash flow for LFC is currently 0.22, higher than just 2.47% of US stocks with positive operating cash flow.
China Life Insurance Co Ltd's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is 70.06%, greater than the shareholder yield of 95.15% of stocks in our set.
Stocks that are quantitatively similar to LFC, based on their financial statements, market capitalization, and price volatility, are CI, SHW, INFY, ANTM, and BKNG.
LFC's SEC filings can be seen here. And to visit China Life Insurance Co Ltd's official web site, go to www.e-chinalife.com.
China Life Insurance Company Limited American Depositary Shares (LFC) Company Bio
China Life Insurance LFC operates as a life insurance company in the Peoples Republic of China. The company operates through Life Insurance Business, Health Insurance Business, Accident Insurance Business, and Other Business segments. The company was founded in 1949 and is based in Beijing, China.
LFC Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for China Life Insurance Co Ltd with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that China Life Insurance Co Ltd ranked in the 90th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 2465.5%. As for the metrics that stood out in our discounted cash flow analysis of China Life Insurance Co Ltd, consider:
The business' balance sheet suggests that 7% of the company's capital is sourced from debt; this is greater than only 18.06% of the free cash flow producing stocks we're observing.
LFC's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than 41.16% of tickers in our DCF set.
As a business, China Life Insurance Co Ltd experienced a tax rate of about 1% over the past twelve months; relative to its sector (Financial Services), this tax rate is higher than only 22.49% of stocks generating free cash flow.
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 Life Insurance Co Ltd? See MTG, ESGR, AEG, TREE, and GECC.
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China Life Insurance Company Limited (the "Company") (NYSE: LFC; HKSE: 2628; SSE: 601628), announced that the Company has filed its 2019 Annual Report on Form 20-F (the "2019 Form 20-F"), which includes its audited financial statements for the fiscal year ended December 31, 2019, with the United States Securities and Exchange Commission.