Company Valuation: Horizon Robotics

Data adjusted to current consolidation scope
Fiscal Period: December 2024 2025 2026 2027 2028
Market Cap 1 44,655 1,14,022 57,529 - -
Change - 155.34% -49.55% - -
Enterprise Value (EV) 1 29,657 94,362 41,272 43,190 43,065
Change - 218.18% -56.26% 4.65% -0.29%
P/E 6.63x -9.61x -18.5x -40x 44.9x
PBR 3.81x 7.96x 5.54x 5.47x 4.86x
PEG - 0x 0.3x 0.7x -0x
Capitalization / Revenue 18.7x 30.3x 10.1x 6.1x 3.98x
EV / Revenue 12.4x 25.1x 7.28x 4.58x 2.98x
EV / EBITDA -17.4x -32.6x -16.5x -50.4x 16.5x
EV / EBIT -13.8x -28.3x -13.6x -31.2x 44.9x
EV / FCF -33.2x -33.6x -19.6x -35.2x 45.8x
FCF Yield -3.02% -2.98% -5.09% -2.84% 2.19%
Dividend per Share 2 - - - - 0.00631
Rate of return - - - - 0.16%
EPS 2 0.51 -0.81 -0.2138 -0.0986 0.0879
Distribution rate - - - - 7.18%
Net sales 1 2,384 3,758 5,669 9,430 14,470
EBITDA 1 -1,706 -2,897 -2,499 -857.2 2,608
EBIT 1 -2,144 -3,339 -3,037 -1,383 960
Net income 1 2,347 -10,469 -2,990 -1,318 1,249
Net Debt 1 -14,999 -19,660 -16,258 -14,340 -14,464
Reference price 2 3.383 7.782 3.948 3.948 3.948
Nbr of stocks (in thousands) 1,32,00,294 1,46,51,885 1,45,71,723 - -
Announcement Date 21/03/25 19/03/26 - - -
1CNY in Million2CNY
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
15.83x - - 1.92% 452.35Cr
14.08x0.11x1.14x0.95% 407.65Cr
12.71x0.36x4.51x3.33% 402.53Cr
14.49x1.03x6.2x2.76% 365.6Cr
12.53x1.21x8.37x1.44% 302.65Cr
15.69x0.54x5.38x-.--% 245.67Cr
12.68x0.75x8.35x2.66% 179.6Cr
8.83x0.13x1.23x4.76% 124.85Cr
17.74x - - 3.07% 115.11Cr
Average 13.84x 0.59x 5.03x 2.32% 288.44Cr
Weighted average by Cap. 14.01x 0.60x 4.96x 2.11%

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