Company Valuation: Adicon Holdings Limited

Data adjusted to current consolidation scope
Fiscal Period: December 2023 2024 2025 2026 2027
Capitalization 1 8,609 6,151 3,188 3,188 -
Change - -28.55% -48.18% 0% -
Enterprise Value (EV) 1 7,746 6,414 2,884 2,728 1,752
Change - -17.2% -55.04% -5.39% -35.77%
P/E ratio 38.2x 121x 26.6x 17x 10.1x
PBR 5.04x 3.73x 1.84x 1.69x 1.5x
PEG -0.6x -1.6x 0x 0.3x 0.1x
Capitalization / Revenue 2.61x 2.11x 1.22x 1.04x 0.94x
EV / Revenue 2.35x 2.2x 1.1x 0.89x 0.52x
EV / EBITDA 11x 14.7x 7.76x 5.79x 2.92x
EV / EBIT 14.5x 24.7x 12.8x 9.42x 4.43x
EV / FCF - - - - -
FCF Yield - - - - -
Dividend per Share 2 - - 0.0244 0.0286 -
Rate of return - - 0.54% 0.64% -
EPS 2 0.31 0.07 0.1689 0.2649 0.4435
Distribution rate - - 14.4% 10.8% -
Net sales 1 3,298 2,914 2,622 3,069 3,389
EBITDA 1 701.9 435.7 371.8 471 600.7
EBIT 1 534.4 259.6 224.9 289.7 395.9
Net income 1 234.9 47.01 121.2 192 323.2
Net Debt 1 -863.6 262.1 -304 -459.5 -1,435
Reference price 2 11.837 8.476 4.499 4.499 4.499
Nbr of stocks (in thousands) 7,27,355 7,25,743 7,08,535 7,08,535 -
Announcement Date 28/03/24 31/03/25 - - -
1CNY in Million2CNY
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
26.64x1.1x7.76x0.54% 46Cr
-88.23x12.64x-88.01x-.--% 2.92TCr
17.48x1.34x7.44x5.05% 748.15Cr
-861.58x2.88x19.54x - 550.12Cr
47.03x8.32x29.34x0.93% 265.28Cr
-178.49x - - - 263.12Cr
153.83x1.35x13.32x0.19% 213.4Cr
275.27x1.96x15.85x0.27% 209.12Cr
25.07x11.83x18.46x - 185.07Cr
16.34x1.56x6.07x5.84% 182.85Cr
Average -56.66x 4.78x 3.31x 1.83% 558.53Cr
Weighted average by Cap. -117.08x 8.45x -41.72x 1.14%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

  1. Stock Market
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  3. 9860 Stock
  4. Valuation Adicon Holdings Limited