Valuation BYD Company Limited

Equities

Market Closed - Hong Kong S.E. Other stock markets 03:08:13 2026-01-13 EST			5-day change	1st Jan Change
97.25 ^HKD	+1.62%		+1.51%	+1.99%

01-12	German Carmakers Struggle Amid Weakness in China and US Tariffs	RE
01-12	EU Commission Unveils Plans for Minimum Prices on Chinese Electric Cars	RE

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	508,852	724,616	651,570	571,597	785,956	847,365	847,365	-
Change	-	42.4%	-10.08%	-12.27%	37.5%	7.81%	0%	-
Enterprise Value (EV) ¹	547,396	708,526	613,134	493,383	703,579	728,105	693,764	629,687
Change	-	29.44%	-13.46%	-19.53%	42.6%	3.49%	-4.72%	-9.24%
P/E ratio	116x	205x	29.8x	18.9x	18.1x	21.5x	16x	13.1x
PBR	8.61x	6.65x	4.47x	4.07x	3.93x	3.43x	2.93x	2.58x
PEG	-	-7.3x	0x	0.2x	0.5x	-1.7x	0.5x	0.6x
Capitalization / Revenue	3.32x	3.43x	1.54x	0.95x	1.01x	0.99x	0.85x	0.76x
EV / Revenue	3.57x	3.35x	1.45x	0.82x	0.91x	0.85x	0.7x	0.56x
EV / EBITDA	24.5x	35x	14.7x	6.04x	6.13x	6.93x	5.36x	4.14x
EV / EBIT	53.7x	108x	28.5x	12.9x	13.9x	15.9x	11.1x	8.47x
EV / FCF	16.3x	25.2x	14.1x	10.4x	19.5x	13.4x	13.5x	8.93x
FCF Yield	6.14%	3.97%	7.08%	9.65%	5.13%	7.48%	7.4%	11.2%
Dividend per Share ²	0.0493	0.035	0.3807	1.032	1.325	1.173	1.534	1.85
Rate of return	0.09%	0.05%	0.67%	1.59%	1.59%	1.35%	1.76%	2.13%
EPS ²	0.49	0.3533	1.903	3.44	4.613	4.038	5.423	6.631
Distribution rate	10.1%	9.91%	20%	30%	28.7%	29%	28.3%	27.9%
Net sales ¹	153,469	211,300	424,061	602,315	777,102	854,394	994,949	1,118,730
EBITDA ¹	22,381	20,236	41,830	81,656	114,749	105,111	129,488	151,998
EBIT ¹	10,193	6,571	21,542	38,103	50,486	45,761	62,321	74,378
Net income ¹	4,234	3,045	16,622	30,041	40,254	35,941	51,819	63,277
Net Debt ¹	38,544	-16,091	-38,436	-78,213	-82,378	-119,260	-153,601	-217,678
Reference price ²	57.03	72.40	56.79	64.87	83.51	86.98	86.98	86.98
Nbr of stocks (in thousands)	8,184,429	8,733,429	8,716,895	8,716,895	8,716,224	9,105,624	9,105,624	-
Announcement Date	3/29/21	3/29/22	3/28/23	3/26/24	3/24/25	-	-	-

¹CNY in Million²CNY

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
BYD COMPANY LIMITED	21.2x	0.85x	6.93x	1.37%	121B
TESLA, INC.	351.24x	15.41x	110.32x	-.--%	1,493B
SERES GROUP CO.,LTD	21.91x	0.99x	11.47x	1.72%	32.48B
RIVIAN AUTOMOTIVE, INC.	-5.87x	4.15x	-10.36x	-.--%	23.48B
XPENG INC.	-105.35x	1.6x	-1849.46x	-.--%	20.73B
LI AUTO INC.	99.41x	0.47x	15.5x	-.--%	17.2B
NIO INC.	-4.52x	1.02x	-8.87x	-.--%	12.26B
ZHEJIANG LEAPMOTOR TECHNOLOGY CO., LTD.	81.19x	0.71x	35.32x	-.--%	8.66B
VINFAST AUTO LTD.	-2.44x	5.46x	-9.11x	-	8.02B
CHONGQING AFARI TECHNOLOGY CO., LTD.	597.5x	-	-	-	7.75B
Average	105.43x	3.41x	-188.70x	0.39%	174.47B
Weighted average by Cap.	305.13x	13.44x	73.55x	0.13%