CBAK ENERGY TECHNOLOGY INC (CBAT)
US14986C1027 - Common Stock
Taking everything into account, CBAT scores 6 out of 10 in our fundamental rating. CBAT was compared to 91 industry peers in the Electrical Equipment industry. While CBAT is still in line with the averages on profitability rating, there are concerns on its financial health. CBAT is growing strongly while it also seems undervalued. This is an interesting combination
1. Profitability
1.1 Basic Checks
CBAT had positive earnings in the past year.
In the past year CBAT had a positive cash flow from operations.
CBAT had negative earnings in 4 of the past 5 years.
The reported operating cash flow has been mixed in the past 5 years: CBAT reported negative operating cash flow in multiple years.
1.2 Ratios
With an excellent Return On Assets value of 6.38%, CBAT belongs to the best of the industry, outperforming 83.33% of the companies in the same industry.
The Return On Equity of CBAT (14.10%) is better than 87.78% of its industry peers.
With an excellent Return On Invested Capital value of 13.30%, CBAT belongs to the best of the industry, outperforming 91.11% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.38% | ||
| ROE | 14.1% | ||
| ROIC | 13.3% |
ROA(3y)6.23%
ROA(5y)0.39%
ROE(3y)11.99%
ROE(5y)-11.67%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
CBAT has a Profit Margin of 7.89%. This is amongst the best in the industry. CBAT outperforms 84.44% of its industry peers.
CBAT has a better Operating Margin (12.69%) than 84.44% of its industry peers.
Looking at the Gross Margin, with a value of 26.90%, CBAT is in the better half of the industry, outperforming 62.22% of the companies in the same industry.
In the last couple of years the Gross Margin of CBAT has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.69% | ||
| PM (TTM) | 7.89% | ||
| GM | 26.9% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y15.6%
GM growth 5YN/A
2. Health
2.1 Basic Checks
CBAT has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for CBAT has been increased compared to 1 year ago.
Compared to 5 years ago, CBAT has more shares outstanding
The debt/assets ratio for CBAT is higher compared to a year ago.
2.2 Solvency
CBAT has an Altman-Z score of 0.85. This is a bad value and indicates that CBAT is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 0.85, CBAT perfoms like the industry average, outperforming 54.44% of the companies in the same industry.
CBAT has a debt to FCF ratio of 2.15. This is a good value and a sign of high solvency as CBAT would need 2.15 years to pay back of all of its debts.
CBAT has a better Debt to FCF ratio (2.15) than 83.33% of its industry peers.
A Debt/Equity ratio of 0.28 indicates that CBAT is not too dependend on debt financing.
With a Debt to Equity ratio value of 0.28, CBAT perfoms like the industry average, outperforming 51.11% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.28 | ||
| Debt/FCF | 2.15 | ||
| Altman-Z | 0.85 |
ROIC/WACC1.51
WACC8.81%
2.3 Liquidity
A Current Ratio of 0.85 indicates that CBAT may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.85, CBAT is doing worse than 86.67% of the companies in the same industry.
A Quick Ratio of 0.64 indicates that CBAT may have some problems paying its short term obligations.
CBAT has a Quick ratio of 0.64. This is amonst the worse of the industry: CBAT underperforms 80.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.85 | ||
| Quick Ratio | 0.64 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 254.55% over the past year.
CBAT shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 14.84%.
CBAT shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 52.98% yearly.
EPS 1Y (TTM)254.55%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%333.33%
Revenue 1Y (TTM)14.84%
Revenue growth 3Y75.84%
Revenue growth 5Y52.98%
Sales Q2Q%12.67%
3.2 Future
Based on estimates for the next years, CBAT will show a very strong growth in Earnings Per Share. The EPS will grow by 187.23% on average per year.
Based on estimates for the next years, CBAT will show a quite strong growth in Revenue. The Revenue will grow by 11.18% on average per year.
EPS Next Y675%
EPS Next 2Y187.23%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year7.19%
Revenue Next 2Y11.18%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 5.97 indicates a rather cheap valuation of CBAT.
Based on the Price/Earnings ratio, CBAT is valued cheaply inside the industry as 95.56% of the companies are valued more expensively.
CBAT's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 29.38.
The Price/Forward Earnings ratio is 3.02, which indicates a rather cheap valuation of CBAT.
CBAT's Price/Forward Earnings ratio is rather cheap when compared to the industry. CBAT is cheaper than 100.00% of the companies in the same industry.
CBAT is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.98, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.97 | ||
| Fwd PE | 3.02 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CBAT is valued cheaper than 98.89% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, CBAT is valued cheaply inside the industry as 97.78% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.33 | ||
| EV/EBITDA | 0.5 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of CBAT may justify a higher PE ratio.
CBAT's earnings are expected to grow with 187.23% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.01
PEG (5Y)N/A
EPS Next 2Y187.23%
EPS Next 3YN/A
5. Dividend
5.1 Amount
CBAT does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
CBAK ENERGY TECHNOLOGY INC
NASDAQ:CBAT (11/11/2024, 8:25:24 PM)
Premarket: 1.06 +0.05 (+4.43%)1.015
-0.06 (-5.14%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap91.29M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
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Min EPS beat(2)
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Revenue beat(2)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
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Revenue NQ rev (1m)
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Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.97 | ||
| Fwd PE | 3.02 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)0.01
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.38% | ||
| ROE | 14.1% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 12.69% | ||
| PM (TTM) | 7.89% | ||
| GM | 26.9% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.81
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.28 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 0.85 | ||
| Quick Ratio | 0.64 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)254.55%
EPS 3YN/A
EPS 5Y
EPS Q2Q%
EPS Next Y675%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)14.84%
Revenue growth 3Y75.84%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y