Company Valuation: CSI Properties Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,827 1,490 939.4 833.5 2,708 2,347 -
Change - -18.49% -36.94% -11.27% 224.86% -13.33% -
Enterprise Value (EV) 1 10,233 9,495 939.4 833.5 8,538 7,555 7,444
Change - -7.22% -90.11% -11.27% 924.39% -11.52% -1.47%
P/E 1.59x 4.44x -2.22x -0.49x -3.2x -11.4x -13x
PBR - - - - - - -
PEG - -0.1x 0x -0x 0x 0.2x 1x
Capitalization / Revenue 4.35x 1.85x 0.59x 1.6x 1.89x 4.57x 9.85x
EV / Revenue 24.3x 11.8x 0.59x 1.6x 5.97x 14.7x 31.2x
EV / EBITDA 33.7x 14x 7.96x -4.71x 144x 114x 89.5x
EV / EBIT 38.2x 14.8x 11x - 199x 154x 115x
EV / FCF - - - - - - -
FCF Yield - - - - - - -
Dividend per Share 2 0.0084 0.0084 - - - - -
Rate of return 2.15% 2.64% - - - - -
EPS 2 0.2452 0.0716 -0.0918 -0.3673 -0.0656 -0.016 -0.014
Distribution rate 3.43% 11.7% - - - - -
Net sales 1 420.5 804.3 1,579 520.6 1,430 513.3 238.2
EBITDA 1 303.7 676.3 118 -176.9 59.34 66.3 83.2
EBIT 1 268 641.6 85.27 - 42.99 49 65
Net income 1 1,156 335.7 -425.6 -1,692 -825.3 -206.4 -183.6
Net Debt 1 8,406 8,005 - - 5,830 5,208 5,097
Reference price 2 0.3900 0.3180 0.2040 0.1810 0.2100 0.1820 0.1820
Nbr of stocks (in thousands) 4,685,865 4,684,470 4,604,895 4,604,895 12,893,706 12,893,706 -
Announcement Date 6/29/22 6/29/23 6/27/24 6/30/25 6/29/26 - -
1HKD in Million2HKD
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
-11.38x14.72x113.95x - 299M
15.07x4.79x12.88x3.36% 42.85B
8.64x1.5x7.82x4.11% 29.87B
19.16x4.05x16.54x1.3% 29.17B
5.84x0.68x1.41x8.62% 27.91B
13.76x3.05x14.62x2.55% 25.28B
8.35x0.93x3.37x2.68% 21.36B
8.86x2.28x7.02x3.94% 20.88B
14.22x6.72x18.27x1.5% 20.67B
10.12x1.64x14.19x3.73% 18.43B
Average 9.26x 4.04x 21.01x 3.53% 23.67B
Weighted average by Cap. 11.89x 2.98x 10.85x 3.59%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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  4. Valuation CSI Properties Limited