Company Valuation: Appotronics Corporation Limited

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 15,552 11,350 11,939 6,674 8,468 5,294 - -
Change - -27.02% 5.19% -44.1% 26.88% -37.48% - -
Enterprise Value (EV) 1 15,552 10,706 11,271 5,605 7,990 4,602 4,516 4,341
Change - -31.16% 5.28% -50.28% 42.56% -42.4% -1.87% -3.87%
P/E 67.4x 95.6x 118x 247x -31x 89.3x 26.7x 38.7x
PBR 6.38x 4.29x 4.24x 2.48x 3.49x 1.81x 1.66x 2x
PEG - -2x -7.7x -3.4x 0x -1x 0x -1.2x
Capitalization / Revenue 6.23x 4.47x 5.39x 2.76x 4.95x 3.59x 2.11x 2.44x
EV / Revenue 6.23x 4.21x 5.08x 2.32x 4.67x 3.12x 1.8x 2x
EV / EBITDA 42.5x 72.8x 67.7x 22.9x 79.9x 17.7x 15.4x 13.4x
EV / EBIT 65.4x 800x 325x 713x -35.1x 89x 12.5x 40.2x
EV / FCF -240x 1,068x 45.2x -3,082x 276x 19.4x 16.1x -
FCF Yield -0.42% 0.09% 2.21% -0.03% 0.36% 5.15% 6.22% -
Dividend per Share 2 0.105 0.054 0.07 0.025 - 0.09 0.16 0.0842
Rate of return 0.31% 0.22% 0.27% 0.17% - 0.78% 1.38% 0.73%
EPS 2 0.51 0.26 0.22 0.06 -0.6 0.13 0.435 0.3
Distribution rate 20.6% 20.8% 31.8% 41.7% - 69.2% 36.8% 28.1%
Net sales 1 2,498 2,541 2,217 2,419 1,709 1,476 2,507 2,169
EBITDA 1 365.6 147.1 166.5 244.8 100 260 292.7 324.3
EBIT 1 237.7 13.39 34.68 7.857 -227.6 51.69 361 108
Net income 1 233.4 119.4 102 27.95 -273.6 -53.26 203.8 140.1
Net Debt 1 - -644.5 -667.4 -1,070 -478.2 -692.3 -778.3 -952.9
Reference price 2 34.35 24.86 25.88 14.79 18.57 11.61 11.61 11.61
Nbr of stocks (in thousands) 4,52,757 4,56,565 4,61,311 4,51,264 4,56,017 4,56,017 - -
Announcement Date 25/02/22 27/02/23 23/02/24 27/02/25 28/02/26 - - -
1CNY in Million2CNY
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
93x3.27x18.54x0.74% 81Cr
38.32x13.33x24.57x0.75% 12TCr
64.11x9.37x45.08x1.17% 5.52TCr
33.76x1.59x18.1x-.--% 5.08TCr
29.14x2.37x11.38x1.14% 4.09TCr
37.88x2.35x16.83x1.42% 3.12TCr
32.31x4.89x19.51x-.--% 3.03TCr
9.24x5.33x10.27x2.1% 2.27TCr
33.93x5.21x20.86x0.68% 1.97TCr
39.35x2.05x18.7x0.43% 1.84TCr
Average 41.10x 4.98x 20.38x 0.84% 3.91TCr
Weighted average by Cap. 38.16x 7.14x 22.93x 0.81%

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

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