Company Valuation: CStone Pharmaceuticals

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 7,845 4,882 2,628 2,759 6,980 7,711 - -
Change - -37.77% -46.18% 4.99% 153.01% 10.46% - -
Enterprise Value (EV) 1 7,249 4,551 1,950 2,404 6,404 6,733 3,688 3,539
Change - -37.22% -57.15% 23.28% 166.37% 5.14% -45.23% -4.04%
P/E - -5.32x -7.11x -30.9x -15.3x -16.7x 4.53x 34.6x
PBR 6.63x 10.9x 5.7x - 10.7x - - -
PEG - - 0.1x 0.4x -0x 2.59x -0x -0.4x
Capitalization / Revenue 32.2x 10.1x 5.67x 6.78x 25.9x 18.2x 4.48x 8.06x
EV / Revenue 29.7x 9.45x 4.2x 5.9x 23.8x 15.9x 2.14x 3.7x
EV / EBITDA -3.99x -5.1x -3.33x -25.9x -16.5x -16.6x 1.9x 16.7x
EV / EBIT -3.96x -4.99x -3.22x -22.7x -14.8x -17.7x 3.35x -45.1x
EV / FCF -4.57x -7.43x - - -19.5x -21.4x -18.6x -28.8x
FCF Yield -21.9% -13.5% - - -5.12% -4.66% -5.37% -3.48%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 - -0.77 -0.29 -0.07 -0.31 -0.29 1.07 0.14
Distribution rate - - - - - - - -
Net sales 1 243.7 481.4 463.8 407.2 269.6 423.2 1,722 956.2
EBITDA 1 -1,818 -892.9 -585.4 -92.72 -388.6 -405.2 1,937 212.3
EBIT 1 -1,829 -912.1 -605.6 -106.1 -432.6 -381 1,102 -78.51
Net income 1 -1,920 -902.7 -367.2 -91.21 -437 -383.5 680.5 -48.57
Net Debt 1 -596.2 -331.1 -677.7 -354.7 -576.3 -977.7 -4,023 -4,172
Reference price 2 6.737 4.096 2.061 2.161 4.736 4.844 4.844 4.844
Nbr of stocks (in thousands) 1,164,452 1,192,099 1,275,317 1,276,503 1,473,942 1,591,633 - -
Announcement Date 6/8/22 4/26/23 4/23/24 3/27/25 3/26/26 - - -
1CNY in Million2CNY
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
32.45x11.78x23.93x0.61% 1,019B
28.48x6.32x17.74x2.09% 617B
33.26x7.78x16.08x2.64% 464B
104.98x5.87x24.89x2.36% 356B
18.81x4.58x11.36x2.9% 333B
19.83x5.17x12.78x3.09% 267B
20.02x4.17x11.86x2.13% 244B
25.46x6.66x11.86x2.5% 218B
-43.78x6.39x24.97x2.27% 179B
Average 26.61x 6.52x 17.28x 2.29% 410.8B
Weighted average by Cap. 31.80x 7.61x 18.61x 1.96%

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

  1. Stock Market
  2. Stocks
  3. 2616 Stock
  4. PH4 Stock
  5. Valuation CStone Pharmaceuticals