Company Valuation: DLC Asia Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026
Market Cap 1 48 37.6 32 32.8 44.8 46.4
Change - -21.67% -14.89% 2.5% 36.59% 3.57%
Enterprise Value (EV) 1 -12.46 -14.12 -19.72 -23.35 -11.55 -4.789
Change - -13.34% -39.68% -18.38% 50.52% 58.55%
P/E -12.6x -4.21x 8.18x 17.7x 339x -4.14x
PBR 0.54x 0.47x 0.38x 0.38x 0.52x 0.62x
PEG - -0x -0x -0.3x -3.6x 0x
Capitalization / Revenue 0.89x 0.95x 0.56x 0.58x 0.93x 1.33x
EV / Revenue -0.23x -0.36x -0.35x -0.42x -0.24x -0.14x
EV / EBITDA - - - - - -
EV / EBIT - - - - - -
EV / FCF - - - - - -
FCF Yield - - - - - -
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -0.004764 -0.0112 0.00489 0.002318 0.000165 -0.014
Distribution rate - - - - - -
Net sales 1 53.91 39.55 57.06 56.16 48.4 34.96
EBITDA - - - - - -
EBIT - - - - - -
Net income 1 -3.545 -8.821 3.912 1.855 0.132 -11.22
Net Debt 1 -60.46 -51.72 -51.72 -56.15 -56.35 -51.19
Reference price 2 0.0600 0.0470 0.0400 0.0410 0.0560 0.0580
Nbr of stocks (in thousands) 800,000 800,000 800,000 800,000 800,000 800,000
Announcement Date 6/11/21 6/20/22 6/9/23 6/7/24 6/11/25 6/10/26
1HKD in Million2HKD
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 5.2M
18.88x10.68x12.01x0.66% 43.06B
9.15x4.09x - 3.61% 42.39B
33.02x4.33x5.55x0.38% 40.7B
4.85x5.6x - 6.28% 16.27B
10.82x - - 4% 10.36B
9.82x1.68x5.04x6.79% 10.41B
8.12x - - 4.95% 6.82B
13.26x - - 2.3% 6.09B
Average 13.49x 5.28x 7.53x 3.62% 19.57B
Weighted average by Cap. 16.89x 6.01x 8.45x 2.61%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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