Company Valuation: China Overseas Land & Investment Limited

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 184,671 202,041 225,465 150,602 135,717 143,487 143,487 -
Change - 9.41% 11.59% -33.2% -9.88% 5.73% 0% -
Enterprise Value (EV) 1 305,943 339,123 408,399 315,240 261,585 250,671 277,045 254,705
Change - 10.85% 20.43% -22.81% -17.02% -4.17% 10.52% -8.06%
P/E ratio 3.56x 4.08x 8.47x 5.43x 8.09x 8.36x 7.85x 7.35x
PBR 0.5x 0.48x 0.56x 0.37x 0.33x 0.33x 0.32x 0.31x
PEG - -0.91x -0.2x 1.32x -0.2x 3.71x 1.21x 1.08x
Capitalization / Revenue 0.84x 0.68x 1.09x 0.69x 0.68x 0.72x 0.73x 0.72x
EV / Revenue 1.39x 1.14x 1.98x 1.44x 1.32x 1.26x 1.4x 1.28x
EV / EBITDA 3.89x 4.72x 10.1x 7.13x 9.06x 9.73x 9.84x 8.56x
EV / EBIT 3.95x 4.56x 10.2x 7.19x 9.14x 9.66x 9.83x 8.6x
EV / FCF 27.2x 12.8x -33.9x 8.32x 5.32x 7.99x 11.6x 28x
FCF Yield 3.68% 7.8% -2.95% 12% 18.8% 12.5% 8.61% 3.58%
Dividend per Share 2 1.18 1.21 0.8 0.8 0.6 0.5425 0.5772 0.6168
Rate of return 7% 6.55% 3.88% 5.81% 4.84% 4.14% 4.4% 4.7%
EPS 2 4.738 4.525 2.433 2.533 1.533 1.568 1.67 1.784
Distribution rate 24.9% 26.7% 32.9% 31.6% 39.1% 34.6% 34.6% 34.6%
Net sales 1 220,642 298,693 206,002 219,235 198,516 198,547 197,769 199,611
EBITDA 1 78,613 71,892 40,303 44,217 28,870 25,751 28,156 29,750
EBIT 1 77,468 74,364 39,850 43,869 28,620 25,948 28,180 29,616
Net income 1 52,140 49,513 26,578 27,723 16,764 17,055 18,120 19,625
Net Debt 1 121,272 137,082 182,935 164,639 125,868 107,184 133,558 111,217
Reference price 2 16.86 18.46 20.60 13.76 12.40 13.11 13.11 13.11
Nbr of stocks (in thousands) 10,953,185 10,944,815 10,944,884 10,944,884 10,944,884 10,944,884 10,944,884 -
Announcement Date 3/29/21 3/31/22 3/31/23 3/28/24 3/31/25 - - -
1HKD in Million2HKD
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
8.36x1.26x9.73x4.14% 18.4B
14.55x4.65x12.91x3.34% 41.83B
8.21x1.56x3.15x7.06% 34.77B
18.99x3.52x17.5x1.84% 32.39B
23.99x4.46x18.31x1.18% 30.53B
7.42x1.22x6.71x4.81% 26.75B
19.1x1.3x8.2x1.42% 24.97B
18.62x7.38x20.8x1.01% 24.96B
19.2x8.95x27.62x5.69% 19.63B
Average 15.38x 3.81x 13.88x 3.39% 28.25B
Weighted average by Cap. 15.39x 3.73x 13.37x 3.37%
See all sector valuations

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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