China Automotive Systems is an auto parts business based in the US. China Automotive Systems shares (CAAS) are listed on the NASDAQ and all prices are listed in US Dollars. China Automotive Systems employs 4,204 staff and has a trailing 12-month revenue of around $594.7 million.
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| Latest market close | $3.63 |
|---|---|
| 52-week range | $2.54 - $4.13 |
| 50-day moving average | $3.77 |
| 200-day moving average | $3.56 |
| Wall St. target price | $7.50 |
| PE ratio | 3.0672 |
| Dividend yield | $0 (0%) |
| Earnings per share (TTM) | $1.19 |
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Historical closes compared with the close of $3.63 from 2024-09-03
| 1 week (2024-08-28) | -1.36% |
|---|---|
| 1 month (2024-08-02) | -1.63% |
| 3 months (2024-06-04) | -13.16% |
| 6 months (2024-03-04) | 11.35% |
| 1 year (2023-09-01) | -17.12% |
|---|---|
| 2 years (2022-09-02) | -14.79% |
| 3 years (2021-09-03) | 1.40% |
| 5 years (2019-09-04) | 96.22% |
Valuing China Automotive Systems stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of China Automotive Systems's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
China Automotive Systems's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 3x. In other words, China Automotive Systems shares trade at around 3x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
China Automotive Systems's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.61. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into China Automotive Systems's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
China Automotive Systems's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $63.2 million.
The EBITDA is a measure of a China Automotive Systems's overall financial performance and is widely used to measure a its profitability.
| Revenue TTM | $594.7 million |
|---|---|
| Operating margin TTM | 6.81% |
| Gross profit TTM | $82.2 million |
| Return on assets TTM | 3.76% |
| Return on equity TTM | 11.3% |
| Profit margin | 6.02% |
| Book value | $12.02 |
| Market Capitalization | $110.2 million |
TTM: trailing 12 months
Dividend payout ratio: 67.77% of net profits
Recently China Automotive Systems has paid out, on average, around 67.77% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 16.49% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), China Automotive Systems shareholders could enjoy a 16.49% return on their shares, in the form of dividend payments. In China Automotive Systems's case, that would currently equate to about $0 per share.
China Automotive Systems's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
China Automotive Systems's most recent dividend payout was on 21 August 2024. The latest dividend was paid out to all shareholders who bought their shares by 29 July 2024 (the "ex-dividend date").
China Automotive Systems's shares were split on a 7:2 basis on 4 March 2003. So if you had owned 2 shares the day before before the split, the next day you'd have owned 7 shares. This wouldn't directly have changed the overall worth of your China Automotive Systems shares – just the quantity. However, indirectly, the new 71.4% lower share price could have impacted the market appetite for China Automotive Systems shares which in turn could have impacted China Automotive Systems's share price.
Over the last 12 months, China Automotive Systems's shares have ranged in value from as little as $2.5386 up to $4.1251. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while China Automotive Systems's is 2.431. This would suggest that China Automotive Systems's shares are significantly more volatile than the average for this exchange and represent a higher risk.
China Automotive Systems, Inc. , through its subsidiaries, manufactures and sells automotive systems and components in the People's Republic of China, the United States, and internationally. It produces rack and pinion power steering gears for cars and light-duty vehicles; integral power steering gears for heavy-duty vehicles; power steering parts for light duty vehicles; sensor modules; automobile steering systems and columns; and automobile electronics and systems and parts. The company also offers automotive motors and electromechanical integrated systems; polymer materials; and intelligent automotive technology research and development services. In addition, it provides after sales services, and research and development support services; and inspection and testing of automotive products, as well as markets automotive parts in North America. The company primarily sells its products to the original equipment manufacturing customers. China Automotive Systems, Inc.
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