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 29,381 - -
Change - -57.26% 59.87% 9.15% -2.74% -25.42% - -
Enterprise Value (EV) 1 53,000 21,423 36,241 39,084 38,022 22,847 21,091 17,901
Change - -59.58% 69.17% 7.85% -2.72% -39.91% -7.68% -15.13%
P/E 38.9x 19.6x 18.2x 20.5x 28.8x 14.6x 11.2x 9.78x
PBR 6.4x 2.43x 3.27x 3.15x 2.81x 1.86x 1.62x 1.42x
PEG - -1.3x 0.2x -5.45x -0.9x 0.3x 0.4x 0.7x
Capitalization / Revenue 9.3x 3.5x 4.29x 3.39x 2.11x 1.26x 1.07x 0.92x
EV / Revenue 9.08x 3.23x 4.19x 3.27x 2.03x 0.98x 0.77x 0.56x
EV / EBITDA 32.4x 14.9x 14.9x 17.4x 22x 10.1x 7.53x 5.25x
EV / EBIT 33.2x 15.9x 15.6x 18.7x 26.3x 11x 8x 5.85x
EV / FCF 49.1x 24.7x 18.7x 27.1x 129x -13.4x 7.42x -16.4x
FCF Yield 2.04% 4.04% 5.35% 3.69% 0.77% -7.48% 13.5% -6.11%
Dividend per Share 2 0.5466 0.4628 2.388 0.7643 0.5267 0.78 1.154 1.276
Rate of return 0.26% 0.51% 1.65% 0.49% 0.35% 0.68% 1.01% 1.11%
EPS 2 5.443 4.599 7.949 7.65 5.28 7.852 10.26 11.73
Distribution rate 10% 10.1% 30% 9.99% 9.98% 9.93% 11.2% 10.9%
Net sales 1 5,837 6,629 8,654 11,945 18,695 23,258 27,498 32,096
EBITDA 1 1,636 1,441 2,433 2,252 1,728 2,257 2,799 3,411
EBIT 1 1,598 1,344 2,317 2,090 1,447 2,074 2,638 3,058
Net income 1 1,402 1,183 2,051 1,977 1,363 2,045 2,627 3,034
Net Debt 1 -1,314 -1,788 -867.4 -1,421 -1,374 -6,534 -8,289 -11,479
Reference price 2 211.63 90.29 144.36 156.64 152.06 114.76 114.76 114.76
Nbr of stocks (in thousands) 2,56,643 2,57,078 2,57,050 2,58,593 2,59,082 2,56,018 - -
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
14.82x1x10.31x0.67% 443.82Cr
7.68x1.15x5.36x7.42% 3.19TCr
10.29x1.68x6.63x3.35% 523.59Cr
11.96x0.28x4.71x4.53% 489.11Cr
13.58x1.02x8.08x2.09% 434.34Cr
16.1x - - 4.96% 258.52Cr
13.98x1.56x11.15x5.94% 232.94Cr
14.54x0.47x7.69x3.07% 204.73Cr
22.01x - - 1.94% 200.67Cr
23.67x1.41x13.61x1.65% 146.77Cr
Average 14.86x 1.07x 8.44x 3.56% 612.89Cr
Weighted average by Cap. 10.86x 1.10x 6.55x 5.35%

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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