Company Valuation: AV Concept Holdings Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026
Market Cap 1 463.4 472.5 431.6 381.6 395.3 407.2
Change - 1.96% -8.65% -11.58% 3.57% 3.01%
Enterprise Value (EV) 1 292.6 299.5 318.4 337 365.4 247.6
Change - 2.37% 6.3% 5.85% 8.42% -32.24%
P/E 1.72x 2.05x 10.6x 3.5x 7.36x 1.76x
PBR 0.33x 0.29x 0.27x 0.22x 0.23x 0.21x
PEG - -0.1x -0.1x 0x -0.1x 0x
Capitalization / Revenue 0.37x 0.45x 0.65x 0.39x 0.33x 0.31x
EV / Revenue 0.24x 0.29x 0.48x 0.34x 0.31x 0.19x
EV / EBITDA -6.33x -4.56x -4.58x -5.9x -3.81x 11.5x
EV / EBIT -6.13x -4.46x -4.49x -5.83x -3.78x 12.2x
EV / FCF 2.54x -3.88x -7.6x -3.36x -10.5x 1.73x
FCF Yield 39.4% -25.7% -13.2% -29.8% -9.55% 57.9%
Dividend per Share 2 0.04 0.05 0.02 0.02 0.02 0.02
Rate of return 7.84% 9.62% 4.21% 4.76% 4.6% 4.44%
EPS 2 0.2969 0.2542 0.0448 0.1201 0.0591 0.2551
Distribution rate 13.5% 19.7% 44.6% 16.7% 33.8% 7.84%
Net sales 1 1,241 1,042 660 984.3 1,190 1,335
EBITDA 1 -46.22 -65.74 -69.49 -57.09 -95.88 21.48
EBIT 1 -47.71 -67.23 -70.93 -57.76 -96.79 20.26
Net income 1 269.8 231 40.72 109.2 53.71 231.7
Net Debt 1 -170.8 -173 -113.2 -44.61 -29.84 -159.6
Reference price 2 0.510 0.520 0.475 0.420 0.435 0.450
Nbr of stocks (in thousands) 908,663 908,663 908,663 908,663 908,663 904,809
Announcement Date 7/28/21 7/28/22 7/27/23 7/25/24 7/31/25 7/30/26
1HKD in Million2HKD
Estimates


P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 123M
23.93x13.69x20.64x0.32% 5,777B
23.98x11.81x15.98x1.04% 2,108B
40.63x17.16x25.21x0.69% 1,794B
14.23x8.73x10.5x0.05% 1,181B
113.38x20.57x78.09x-.--% 1,060B
5.02x3.25x3.93x0.2% 966B
-48.61x9.71x27.03x-.--% 591B
241.21x52.6x107.31x-.--% 323B
Average 51.72x 17.19x 36.08x 0.29% 1,533B
Weighted average by Cap. 32.81x 13.97x 25.20x 0.4%

Y-o-Y evolution of P/E

Valuation ratios - P/E - AV Concept Holdings Limited

Historical PBR trend

Valuation ratios - PBR - AV Concept Holdings Limited

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - AV Concept Holdings Limited

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - AV Concept Holdings Limited

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