Company Valuation: Haidilao International Holding Ltd.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 2,66,430 79,921 1,10,444 73,566 83,282 77,188 77,188 -
Change - -70% 38.19% -33.39% 13.21% -7.32% 0% -
Enterprise Value (EV) 1 2,67,560 81,777 1,08,497 65,737 77,013 70,649 69,336 68,512
Change - -69.44% 32.67% -39.41% 17.15% -8.26% -1.86% -1.19%
P/E ratio 838x -18.4x 79.3x 15.9x 17.2x 17.9x 15.8x 14.3x
PBR 26x 10.1x 14.8x 6.38x 7.98x 6.84x 6.15x 5.54x
PEG - 0x -1x 0x 3.57x -1.6x 1.2x 1.4x
Capitalization / Revenue 9.31x 1.94x 3.18x 1.77x 1.95x 1.8x 1.7x 1.6x
EV / Revenue 9.35x 1.99x 3.12x 1.59x 1.8x 1.64x 1.53x 1.42x
EV / EBITDA 66.5x 18.7x 19.6x 8.3x 9.15x 8.8x 7.98x 7.42x
EV / EBIT 270x -444x 62.6x 13.2x 13.1x 11.8x 10.3x 9.29x
EV / FCF -66.3x -131x 20.4x 7.69x 12.2x 14.1x 13.6x 12x
FCF Yield -1.51% -0.76% 4.91% 13% 8.23% 7.11% 7.33% 8.32%
Dividend per Share 2 0.018 - 0.102 0.748 0.468 0.7155 0.8044 0.8672
Rate of return 0.04% - 0.51% 5.67% 3.13% 5.17% 5.81% 6.26%
EPS 2 0.06 -0.78 0.25 0.83 0.87 0.7742 0.8763 0.9659
Distribution rate 30% - 40.8% 90.1% 53.8% 92.4% 91.8% 89.8%
Net sales 1 28,614 41,112 34,741 41,453 42,755 42,984 45,328 48,111
EBITDA 1 4,024 4,364 5,539 7,916 8,418 8,032 8,685 9,235
EBIT 1 989.9 -184.1 1,732 4,970 5,859 5,994 6,725 7,378
Net income 1 309.3 -4,163 1,374 4,499 4,708 4,241 4,827 5,321
Net Debt 1 1,130 1,856 -1,947 -7,829 -6,269 -6,539 -7,852 -8,675
Reference price 2 50.27 14.34 19.81 13.20 14.94 13.85 13.85 13.85
Nbr of stocks (in thousands) 53,00,000 55,74,000 55,74,000 55,74,000 55,74,000 55,74,000 55,74,000 -
Announcement Date 23/03/21 23/03/22 30/03/23 26/03/24 25/03/25 - - -
1CNY in Million2CNY
Estimates

P/E ratio, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
17.86x1.64x8.78x5.17% 1.11TCr
39.22x3.12x20.89x2.69% 11TCr
21.69x1.18x11.7x2.39% 5.21TCr
19.99x2.03x12.37x2.81% 2.47TCr
24.51x3.99x16.8x0.2% 2.04TCr
30.75x1.25x11.62x0.84% 849.47Cr
136.69x6.83x52.96x-.--% 836.14Cr
21.26x4.34x17.75x4.52% 826.93Cr
Average 39.00x 3.05x 19.11x 2.33% 2.99TCr
Weighted average by Cap. 33.65x 2.70x 17.78x 2.44%
See all sector valuations

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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