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First Tractor DB:FTP Stock Report

Last Price

€0.86

Market Cap

€1.8b

7D

-6.5%

1Y

56.4%

Updated

26 Dec, 2024

Data

Company Financials +

First Tractor Company Limited

DB:FTP Stock Report

Market Cap: €1.8b

FTP Stock Overview

Engages in the research and development, manufacture, and sale of agricultural and power machinery, and related products worldwide. More details

FTP fundamental analysis
Snowflake Score
Valuation5/6
Future Growth2/6
Past Performance4/6
Financial Health6/6
Dividends4/6

Rewards

Trading at 64.2% below our estimate of its fair value

Earnings are forecast to grow 19.09% per year

Earnings grew by 4.4% over the past year

Trading at good value compared to peers and industry

Risk Analysis

Unstable dividend track record

Volatile share price over the past 3 months compared to the German market


My Notes

Capture your thoughts, links and company narrative

First Tractor Company Limited Competitors

RENK Group

DB:R3NK

€1.8b

Pfeiffer Vacuum Technology

XTRA:PFV

€1.5b

Dürr

XTRA:DUE

€1.5b

Jungheinrich

XTRA:JUN3

€2.5b

Price History & Performance

Summary of share price highs, lows and changes for First Tractor
Historical stock prices
Current Share PriceHK$0.86
52 Week HighHK$1.12
52 Week LowHK$0.53
Beta1.05
1 Month Change0.58%
3 Month Change-6.01%
1 Year Change56.36%
3 Year Change101.88%
5 Year Change352.63%
Change since IPO462.10%

Recent News & Updates

Recent updates

Shareholder Returns

FTPDE MachineryDE Market
7D-6.5%-0.2%-0.3%
1Y56.4%7.2%7.0%

Return vs Industry: FTP exceeded the German Machinery industry which returned 7.2% over the past year.

Return vs Market: FTP exceeded the German Market which returned 7% over the past year.

Price Volatility

Is FTP's price volatile compared to industry and market?
FTP volatility
FTP Average Weekly Movement8.9%
Machinery Industry Average Movement4.0%
Market Average Movement4.9%
10% most volatile stocks in DE Market11.6%
10% least volatile stocks in DE Market2.4%

Stable Share Price: FTP's share price has been volatile over the past 3 months compared to the German market.

Volatility Over Time: FTP's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of German stocks.

About the Company

FoundedEmployeesCEOWebsite
19556,891Tao Weiwww.first-tractor.com.cn

First Tractor Company Limited engages in the research and development, manufacture, and sale of agricultural and power machinery, and related products worldwide. It offers wheeled and crawler tractors; and off-road diesel engines, its components, such as castings, forgings, gears, gear boxes, and covers, and cylinder blocks, crankshafts, oil injection pumps, and oil injection nozzles, as well as fuel injection pumps and fuel engines. The company was formerly known as First Tractor Works of China.

First Tractor Company Limited Fundamentals Summary

How do First Tractor's earnings and revenue compare to its market cap?
FTP fundamental statistics
Market cap€1.78b
Earnings (TTM)€133.33m
Revenue (TTM)€1.58b

7.6x

P/E Ratio

0.6x

P/S Ratio

Is FTP overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FTP income statement (TTM)
RevenueCN¥12.02b
Cost of RevenueCN¥10.16b
Gross ProfitCN¥1.86b
Other ExpensesCN¥848.30m
EarningsCN¥1.01b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.90
Gross Margin15.48%
Net Profit Margin8.43%
Debt/Equity Ratio2.7%

How did FTP perform over the long term?

See historical performance and comparison

Dividends

4.7%

Current Dividend Yield

35%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 07:27
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

First Tractor Company Limited is covered by 12 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Tingting LiBNP Paribas Securities (Asia)
Qianyu NingBohai Securities Co., Ltd.
Wei LuoChina International Capital Corporation Limited