Company Valuation: Focus Technology Co., Ltd.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 5,192 5,545 10,369 13,222 14,517 9,226 - -
Change - 6.8% 86.98% 27.52% 9.79% -36.45% - -
Enterprise Value (EV) 5,192 5,545 10,369 13,222 14,517 9,226 9,226 9,226
Change - 6.8% 86.98% 27.52% 9.79% -36.45% 0% 0%
P/E 21.2x 18.4x 27.3x 29.3x 29x 15.6x 12.7x 9.92x
PBR 2.48x 2.49x 4.24x 5.26x 5.3x 3.16x 2.9x 2.58x
PEG - 0.8x 1.2x 1.7x 2.7x 0.8x 0.6x 0.4x
Capitalization / Revenue 3.57x 3.79x 6.82x 7.96x 7.59x 4.15x 3.67x 3.12x
EV / Revenue 0x 0x 0x 0x 0x 4.15x 3.67x 3.12x
EV / EBITDA 0x 0x 0x 0x 0x 14.7x 12x 8.31x
EV / EBIT 0x 0x 0x 0x 0x 14.2x 11.5x 9.06x
EV / FCF - - - - 0x 12.1x 10.2x 9.12x
FCF Yield - - - - 6.06% 8.26% 9.84% 11%
Dividend per Share 2 0.6154 0.6923 0.7692 0.4231 0.5385 1.082 1.256 1.54
Rate of return 4.71% 5% 3.02% 1.32% 1.53% 4.83% 5.61% 6.88%
EPS 2 0.6154 0.7538 0.9322 1.096 1.213 1.435 1.763 2.255
Distribution rate 100% 91.8% 82.5% 38.6% 44.4% 75.4% 71.2% 68.3%
Net sales 1 1,454 1,463 1,519 1,661 1,914 2,222 2,513 2,953
EBITDA 1 338.2 393.2 454.3 553 534.6 628.5 765.7 1,110
EBIT 1 274.6 330.5 396.5 497.6 559.1 648 799.2 1,018
Net income 1 245 300.4 378.9 451.2 503.6 591.5 726.8 931
Net Debt - - - - - - - -
Reference price 2 13.06 13.85 25.48 32.06 35.20 22.37 22.37 22.37
Nbr of stocks (in thousands) 3,97,506 4,00,274 4,06,860 4,12,407 4,12,407 4,12,407 - -
Announcement Date 18/03/22 27/02/23 22/02/24 25/02/25 07/02/26 - - -
1CNY in Million2CNY
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
15.59x - - 4.83% 136.21Cr
19.72x1.38x9.52x0.97% 26TCr
144.38x10.57x57.21x-.--% 16TCr
8.94x0.72x3.21x-.--% 12TCr
46.94x2.12x20.66x-.--% 9.5TCr
24.79x4.42x14.46x1.1% 5TCr
17.4x4.53x10.98x - 2.55TCr
5.14x0.19x2x4.32% 665.65Cr
34.24x4.54x20.3x-.--% 650.87Cr
21.16x6.64x11.74x2.83% 556.56Cr
Average 33.83x 3.90x 16.68x 1.56% 7.3TCr
Weighted average by Cap. 49.70x 3.81x 21.08x 0.5%

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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