Company Valuation: Appotronics Corporation Limited

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 15,552 11,350 11,939 6,674 8,468 5,910 - -
Change - -27.02% 5.19% -44.1% 26.88% -30.21% - -
Enterprise Value (EV) 1 15,552 10,706 11,271 5,605 7,990 5,218 5,132 4,957
Change - -31.16% 5.28% -50.28% 42.56% -34.7% -1.65% -3.4%
P/E 67.4x 95.6x 118x 247x -31x -108x 29.8x 43.2x
PBR 6.38x 4.29x 4.24x 2.48x 3.49x 2.02x 1.86x 2.23x
PEG - -2x -7.7x -3.4x 0x 1.4x -0x -1.4x
Capitalization / Revenue 6.23x 4.47x 5.39x 2.76x 4.95x 4x 2.36x 2.72x
EV / Revenue 6.23x 4.21x 5.08x 2.32x 4.67x 3.53x 2.05x 2.29x
EV / EBITDA 42.5x 72.8x 67.7x 22.9x 79.9x 20.1x 17.5x 15.3x
EV / EBIT 65.4x 800x 325x 713x -35.1x 101x 14.2x 45.9x
EV / FCF -240x 1,068x 45.2x -3,082x 276x 22x 18.3x -
FCF Yield -0.42% 0.09% 2.21% -0.03% 0.36% 4.54% 5.48% -
Dividend per Share 2 0.105 0.054 0.07 0.025 - 0.09 0.16 0.0842
Rate of return 0.31% 0.22% 0.27% 0.17% - 0.69% 1.23% 0.65%
EPS 2 0.51 0.26 0.22 0.06 -0.6 -0.12 0.435 0.3
Distribution rate 20.6% 20.8% 31.8% 41.7% - -75% 36.8% 28.1%
Net sales 1 2,498 2,541 2,217 2,419 1,709 1,476 2,507 2,169
EBITDA 1 365.6 147.1 166.5 244.8 100 260 292.7 324.3
EBIT 1 237.7 13.39 34.68 7.857 -227.6 51.69 361 108
Net income 1 233.4 119.4 102 27.95 -273.6 -53.26 203.8 140.1
Net Debt 1 - -644.5 -667.4 -1,070 -478.2 -692.3 -778.3 -952.9
Reference price 2 34.35 24.86 25.88 14.79 18.57 12.96 12.96 12.96
Nbr of stocks (in thousands) 452,757 456,565 461,311 451,264 456,017 456,017 - -
Announcement Date 2/25/22 2/27/23 2/23/24 2/27/25 2/28/26 - - -
1CNY in Million2CNY
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-108x3.53x20.07x0.69% 871M
38.25x13.23x24.36x0.76% 121B
66.81x9.76x46.97x1.12% 57.54B
33.33x1.57x17.88x-.--% 50.14B
30.79x2.51x12.05x1.08% 43.53B
38.29x2.38x17.02x1.41% 31.75B
32.17x4.87x19.42x-.--% 30.21B
9.37x5.4x10.4x2.07% 23.03B
43.68x2.27x20.65x0.39% 20.4B
34.87x5.35x21.42x0.66% 20.24B
Average 21.96x 5.09x 21.02x 0.82% 39.85B
Weighted average by Cap. 38.60x 7.16x 23.35x 0.8%

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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