Company Valuation: China Asia Valley Group Limited

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 290.4 188.9 222.7 273.5 444.7 349.4
Change - -34.95% 17.91% 22.78% 62.62% -21.43%
Enterprise Value (EV) 1 508 412.2 445.4 383.2 965.5 839.9
Change - -18.86% 8.05% -13.96% 151.96% -13.01%
P/E -12.6x -573x -4.73x 109x 150x 34.3x
PBR 1.67x 1.05x 1.7x 2.05x 0.91x 0.7x
PEG - 5.8x -0x -1x -3.2x 0x
Capitalization / Revenue 16.9x 5x 5.59x 7.15x 3.3x 2.23x
EV / Revenue 29.5x 10.9x 11.2x 10x 7.17x 5.36x
EV / EBITDA -75.6x 108x 99.4x 44.5x 13.6x 8.5x
EV / EBIT -64.1x 136x 108x 46.7x 70.9x 55.2x
EV / FCF 249x -33.5x 184x 9.5x 61.1x 12.6x
FCF Yield 0.4% -2.99% 0.54% 10.5% 1.64% 7.93%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -0.008144 -0.000117 -0.0167 0.000889 0.000468 0.001604
Distribution rate - - - - - -
Net sales 1 17.22 37.81 39.88 38.27 134.7 156.6
EBITDA 1 -6.723 3.801 4.479 8.607 71.25 98.76
EBIT 1 -7.919 3.038 4.116 8.212 13.61 15.21
Net income 1 -22.96 -0.33 -47.01 2.509 2.565 10.19
Net Debt 1 217.6 223.3 222.6 109.7 520.8 490.5
Reference price 2 0.1030 0.0670 0.0790 0.0970 0.0700 0.0550
Nbr of stocks (in thousands) 2,819,102 2,819,102 2,819,102 2,819,102 6,352,702 6,352,702
Announcement Date 4/28/21 4/25/22 4/21/23 4/26/24 4/28/25 4/28/26
1HKD in Million2HKD
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 31.59M
24.9x1.02x12.38x-.--% 43.27B
21.47x0.91x8.52x2.25% 19.09B
15.13x0.59x10.38x-.--% 15.77B
17.92x3.62x11.61x5.56% 11.67B
20.72x8.65x16.41x4.5% 10.27B
42.32x2.48x9.72x-.--% 7.79B
37.57x1.39x13.51x0.86% 6.53B
51.18x1.12x8.52x0.31% 5.15B
35.61x14.78x - 1.78% 4.5B
Average 29.65x 3.84x 11.38x 1.7% 12.41B
Weighted average by Cap. 25.37x 2.44x 11.49x 1.37%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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