With a market capitalization of $71,113,997,780, China Life Insurance Co Ltd has a greater market value than 97.55% of US stocks.
The price/operating cash flow metric for China Life Insurance Co Ltd is higher than merely 2.77% of stocks in our set with a positive 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 63.38%, greater than the shareholder yield of 95.11% of stocks in our set.
Stocks with similar financial metrics, market capitalization, and price volatility to China Life Insurance Co Ltd are ANTM, BKNG, CI, EL, and AXP.
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:
Below please find a table outlining a discounted cash flow forecast for LFC, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that China Life Insurance Co Ltd ranked in the 91th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 2343% on a DCF basis. In terms of the factors that were most noteworthy in this DCF analysis for LFC, they are:
The business' balance sheet suggests that 7% of the company's capital is sourced from debt; this is greater than only 16.74% 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 45.28% 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 merely 21.61% of stocks generating free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Financial Services that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as LFC, try RGA, GBLI, CPSS, STC, and PLMR.
DUBLIN, June 22, 2020 /PRNewswire/ -- The "Asia Pacific Healthcare and Social Services Market Outlook 2027" report has been added to ResearchAndMarkets.com's offering. The Asia Pacific healthcare and social services market is anticipated to grow with a modest CAGR over the forecast…
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.
The board of directors ("Board") of China Life Insurance Company Limited (the "Company" or "China Life") (NYSE: LFC; SSE: 601628; HKSE: 2628) announced today that due to the adjustment of work arrangements, Mr. Zhao Peng tendered his resignation as an Executive Director of the Company, a member of the Strategy and Assets and Liabilities Management Committee and the person in charge of finance of the Company on 23 April 2020. The resignation took effect on the same day. Mr. Zhao Peng has confirmed that he has no disagreement with the Board and there are no other matters relating to his resignation that need to be brought to the attention of the shareholders of the Company. The Company would like to express its gratitude to Mr. Zhao Peng for his contribution ...
China Life Insurance Company Limited (SSE: 601628, SEHK: 2628, NYSE: LFC) announces the audited consolidated results of the Company (China Life Insurance Company Limited and its subsidiaries) for the year ended 31 December 2019 (the "Reporting Period") prepared under the International Financial Reporting Standards today.