SINOPEC Shangai Petrochemical Company, Ltd. (SHI) Company Bio
Sinopec Shanghai Petrochemical operates as a refining-chemical integrated petrochemical company in China. The company operates through five segments: Synthetic Fibres, Resins and Plastics, Intermediate Petrochemicals, Petroleum Products, and Trading of Petrochemical Products. The company was founded in 1972 and is based in Shanghai, China.
SHI Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for SHI, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Sinopec Shanghai Petrochemical Co Ltd ranked in the 17th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 76.67%. As for the metrics that stood out in our discounted cash flow analysis of Sinopec Shanghai Petrochemical Co Ltd, consider:
The stock's equity weight, or the proportion of capital from equity relative to debt, is 100. Notably, its equity weight is greater than 97.79% of US equities in the Energy sector yielding a positive free cash flow.
The business' balance sheet reveals debt to be 0% of the company's capital (with equity being the remaining amount). Approximately just 1.95% of US stocks with free cash flow have a lower reliance on debt in their capital structure.
SHI'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 54.9% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Energy that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as SHI, try APA, ERF, VTNR, BP, and CEO.
Sinopec Shanghai Petrochemical (SHI) had declared $1.477/share dividend.Payable July 31; for shareholders of record June 22; ex-div June 19.See SHI Dividend Scorecard, Yield Chart, & Dividend Growth....
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. Insider Monkey finished processing 821 13F filings submitted by hedge funds and prominent investors. These filings show these funds' portfolio positions as of March 31st, 2020. […]
Sinopec Shanghai Petrochemical Company Limited (the "Company") (HKEx: 338; SSE: 600688;NYSE: SHI) announced today that its Form 20-F for the fiscal year ended December 31, 2019, filed with the United States Securities and Exchange Commission on April 29, 2020, has been posted to the Company's website at http://www.spc-ir.com.hk/eng/report.asp. The soft copy of the Company's annual report on Form 20-F could also be downloaded through its website.
We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
Sinopec Shanghai Petrochemical Company Limited ("Shanghai Petrochemical" or the "Company", together with its subsidiaries known as the "Group") (HKEX: 00338; SSE: 600688; NYSE: SHI) today announced the annual results for the twelve months ended 31 December 2019 (the "Period").