Financials Weibo Corporation Hong Kong S.E.

Equities

9898

KYG9515T1085

Internet Services

Market Closed - Hong Kong S.E. 01:38:39 28/05/2024 pm IST 5-day change 1st Jan Change
69 HKD +0.44% Intraday chart for Weibo Corporation -7.51% -19.39%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 10,430 9,283 7,268 4,652 2,657 2,134 - -
Enterprise Value (EV) 1 8,977 8,214 6,568 3,902 2,657 1,231 809 522.4
P/E ratio 21.3 x 29.7 x 16.7 x 53.1 x 7.66 x 6.61 x 5.76 x 5.69 x
Yield - - - - - - - -
Capitalization / Revenue 5.9 x 5.49 x 3.22 x 2.53 x 1.51 x 1.2 x 1.13 x 1.11 x
EV / Revenue 5.08 x 4.86 x 2.91 x 2.12 x 1.51 x 0.69 x 0.43 x 0.27 x
EV / EBITDA 14.4 x 15.2 x 8.99 x 6.66 x 5.25 x 2.32 x 1.38 x 0.85 x
EV / FCF 14.7 x 11.6 x 10.2 x 7.49 x - 2.52 x 1.74 x 0.97 x
FCF Yield 6.79% 8.6% 9.84% 13.4% - 39.7% 57.6% 103%
Price to Book 4.58 x 3.31 x 2.04 x 1.34 x - 0.58 x 0.5 x 0.47 x
Nbr of stocks (in thousands) 2,25,035 2,26,462 2,34,592 2,43,292 2,42,611 2,43,315 - -
Reference price 2 46.35 40.99 30.98 19.12 10.95 8.770 8.770 8.770
Announcement Date 26/02/20 18/03/21 03/03/22 01/03/23 14/03/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 1,767 1,690 2,257 1,836 1,760 1,780 1,886 1,920
EBITDA 1 623.3 538.9 730.3 586 506.2 529.3 588.2 615.4
EBIT 1 597.6 506.8 697.4 480.5 472.9 461.4 498.1 514.4
Operating Margin 33.82% 29.99% 30.9% 26.16% 26.87% 25.91% 26.41% 26.8%
Earnings before Tax (EBT) 1 602.4 375.9 550.7 128.1 502.8 441.1 507.1 531.2
Net income 1 494.7 313.4 428.3 85.56 342.6 331 380.3 400.2
Net margin 28% 18.54% 18.98% 4.66% 19.47% 18.59% 20.16% 20.85%
EPS 2 2.180 1.380 1.860 0.3600 1.430 1.327 1.522 1.543
Free Cash Flow 1 609.9 706.8 646.4 521 - 488.7 466.2 537.3
FCF margin 34.52% 41.82% 28.64% 28.37% - 27.45% 24.72% 27.99%
FCF Conversion (EBITDA) 97.85% 131.15% 88.52% 88.91% - 92.32% 79.26% 87.32%
FCF Conversion (Net income) 123.29% 225.55% 150.91% 608.96% - 147.65% 122.6% 134.26%
Dividend per Share 2 - - - - - - - -
Announcement Date 26/02/20 18/03/21 03/03/22 01/03/23 14/03/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 607.4 616.3 484.6 450.2 453.6 448 413.8 440.2 442.2 442.2 395.5 438 459.6 487.8
EBITDA 221.2 191.1 111.6 102.6 - 155.3 - - 143.3 128.3 - - - -
EBIT 1 213 182.5 102.8 93.94 123.2 160.5 96.49 123.5 134 119 99.74 114.9 120.8 116.6
Operating Margin 35.07% 29.62% 21.22% 20.87% 27.17% 35.82% 23.32% 28.04% 30.3% 26.92% 25.22% 26.23% 26.28% 23.91%
Earnings before Tax (EBT) 1 213.2 145.7 -60.68 46.54 2.85 139.4 126.3 109.6 105.6 161.3 76.16 111 123.4 134.1
Net income 1 181.7 115.7 -67.52 28.3 -17.14 141.9 100.5 81.39 77.49 83.23 49.44 85.13 93.59 97.48
Net margin 29.92% 18.78% -13.93% 6.29% -3.78% 31.68% 24.29% 18.49% 17.53% 18.82% 12.5% 19.44% 20.36% 19.98%
EPS 2 0.7800 0.5000 -0.2900 0.1200 -0.0700 0.6000 0.4200 0.3400 0.3200 0.3400 0.2657 0.3063 0.3624 0.3846
Dividend per Share 2 - - - - - - - - - - - - - -
Announcement Date 11/11/21 03/03/22 01/06/22 01/09/22 17/11/22 01/03/23 25/05/23 24/08/23 09/11/23 14/03/24 23/05/24 - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 1,453 1,068 700 750 - 903 1,325 1,611
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 610 707 646 521 - 489 466 537
ROE (net income / shareholders' equity) 31.6% 21.5% 13.4% 2.47% - 10.9% 10.6% 9.77%
ROA (Net income/ Total Assets) 15.8% 9.83% 6.18% 1.17% - 5.66% 6.36% 6.08%
Assets 1 3,135 3,188 6,927 7,324 - 5,848 5,983 6,585
Book Value Per Share 2 10.10 12.40 15.20 14.20 - 15.00 17.50 18.70
Cash Flow per Share 2 2.790 3.260 3.540 2.390 - 2.110 2.210 2.150
Capex 1 21.7 34.8 168 43.1 - 38.1 44.3 55.4
Capex / Sales 1.23% 2.06% 7.43% 2.35% - 2.14% 2.35% 2.89%
Announcement Date 26/02/20 18/03/21 03/03/22 01/03/23 14/03/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
23
Last Close Price
8.77 USD
Average target price
12.03 USD
Spread / Average Target
+37.16%
Consensus
  1. Stock Market
  2. Equities
  3. WB Stock
  4. 9898 Stock
  5. Financials Weibo Corporation