Company Valuation: Beijing Roborock Technology Co., Ltd.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 54,314 23,211 37,108 40,505 39,396 27,620 - -
Change - -57.26% 59.87% 9.15% -2.74% -29.89% - -
Enterprise Value (EV) 1 53,000 21,423 36,241 39,084 38,022 21,227 19,473 16,425
Change - -59.58% 69.17% 7.85% -2.72% -44.17% -8.26% -15.65%
P/E 38.9x 19.6x 18.2x 20.5x 28.8x 13.8x 10.7x 9.31x
PBR 6.4x 2.43x 3.27x 3.15x 2.81x 1.73x 1.51x 1.33x
PEG - -1.3x 0.2x -5.45x -0.9x 0.3x 0.4x 0.6x
Capitalization / Revenue 9.3x 3.5x 4.29x 3.39x 2.11x 1.22x 1.03x 0.88x
EV / Revenue 9.08x 3.23x 4.19x 3.27x 2.03x 0.94x 0.72x 0.52x
EV / EBITDA 32.4x 14.9x 14.9x 17.4x 22x 10.2x 7.26x 5.17x
EV / EBIT 33.2x 15.9x 15.6x 18.7x 26.3x 11.3x 7.81x 5.75x
EV / FCF 49.1x 24.7x 18.7x 27.1x 129x 65.8x 13.3x -17.5x
FCF Yield 2.04% 4.04% 5.35% 3.69% 0.77% 1.52% 7.51% -5.72%
Dividend per Share 2 0.5466 0.4628 2.388 0.7643 0.5267 0.7908 1.104 1.211
Rate of return 0.26% 0.51% 1.65% 0.49% 0.35% 0.74% 1.04% 1.14%
EPS 2 5.443 4.599 7.949 7.65 5.28 7.722 10 11.45
Distribution rate 10% 10.1% 30% 9.99% 9.98% 10.2% 11% 10.6%
Net sales 1 5,837 6,629 8,654 11,945 18,695 22,690 26,879 31,371
EBITDA 1 1,636 1,441 2,433 2,252 1,728 2,079 2,684 3,180
EBIT 1 1,598 1,344 2,317 2,090 1,447 1,880 2,492 2,856
Net income 1 1,402 1,183 2,051 1,977 1,363 1,969 2,528 2,891
Net Debt 1 -1,314 -1,788 -867.4 -1,421 -1,374 -6,393 -8,147 -11,195
Reference price 2 211.63 90.29 144.36 156.64 152.06 106.63 106.63 106.63
Nbr of stocks (in thousands) 2,56,643 2,57,078 2,57,050 2,58,593 2,59,082 2,59,031 - -
Announcement Date 24/02/22 27/02/23 27/02/24 28/02/25 28/02/26 - - -
1CNY in Million2CNY
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
13.81x0.94x10.21x0.74% 409.52Cr
7.54x1.04x5.14x7.34% 3.3TCr
9.94x1.64x6.44x3.35% 487.22Cr
10.48x0.27x4.73x4.8% 487.09Cr
15.59x1.17x9.4x1.85% 479.55Cr
21.36x0.51x8.34x2.33% 269.73Cr
13.92x - - 5.51% 231.41Cr
10.83x1.28x8.32x6.37% 221.5Cr
21.54x - - 1.98% 195.43Cr
26.8x1.62x15.49x1.55% 167.2Cr
Average 15.18x 1.06x 8.51x 3.58% 625.27Cr
Weighted average by Cap. 10.89x 1.03x 6.49x 5.34%

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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