Company Valuation: Asia Strategic Holdings Limited

Data adjusted to current consolidation scope
Fiscal Period: September 2020 2021 2022 2023 2024 2025
Market Cap 1 28.67 30.59 19.02 17.8 12.84 12.84
Change - 6.7% -37.84% -6.43% -27.83% 0%
Enterprise Value (EV) 1 37.29 43.94 29.76 31 29.58 33.47
Change - 17.83% -32.28% 4.19% -4.61% 13.16%
P/E -4.52x -5.25x -3.19x -3.33x -1.16x -2.05x
PBR 5.97x -21.6x -21.7x -3.16x -0.79x -0.63x
PEG - 0.54x 8.6x 0.3x -0x 0x
Capitalization / Revenue 4.2x 2.04x 1.06x 0.74x 0.43x 0.4x
EV / Revenue 5.47x 2.93x 1.66x 1.29x 1x 1.04x
EV / EBITDA -7.34x -8.36x -7.82x -13.7x -14.4x -207x
EV / EBIT -6.86x -7.63x -6.93x -9.81x -8.82x -21.5x
EV / FCF - - - - - -
FCF Yield - - - - - -
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -2.266 -2.047 -2.04 -1.802 -3.654 -2.077
Distribution rate - - - - - -
Net sales 1 6.824 14.99 17.91 24.05 29.67 32.1
EBITDA 1 -5.078 -5.254 -3.804 -2.268 -2.058 -0.162
EBIT 1 -5.437 -5.763 -4.295 -3.16 -3.351 -1.556
Net income 1 -5.789 -5.781 -5.937 -5.32 -10.95 -6.277
Net Debt 1 8.622 13.35 10.74 13.21 16.73 20.62
Reference price 2 10.250 10.750 6.500 6.000 4.250 4.250
Nbr of stocks (in thousands) 2,797 2,846 2,926 2,966 3,022 3,022
Announcement Date 1/31/22 1/31/22 1/31/23 1/31/24 1/28/25 2/10/26
1USD in Million2USD
Estimates


P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 14.35M
18.38x1.21x8.3x2.06% 9.4B
7.85x0.86x4.19x-.--% 6.78B
18.03x2.64x8.56x7.73% 5.13B
15.18x2.24x8.29x - 4.55B
11.68x1.03x4.19x - 3.59B
692.01x7.52x72.67x - 3.5B
11.31x - - - 2.06B
Average 110.63x 2.58x 17.70x 3.26% 4.38B
Weighted average by Cap. 82.07x 2.15x 13.88x 2.77%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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