Company Valuation: Global New Material International Holdings Limited

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025
Market Cap 1 11,165 4,175 4,442 5,064 11,511
Change - -62.61% 6.4% 14.01% 127.31%
Enterprise Value (EV) 1 9,759 2,789 2,150 4,030 15,716
Change - -71.42% -22.92% 87.44% 290.01%
P/E 58.9x 16x 23.9x 21.1x -30x
PBR 5.15x 1.77x 1.41x 1.5x 3.65x
PEG -9.14x 0.4x -0.8x 0.7x 0x
Capitalization / Revenue 16.7x 4.55x 4.17x 3.07x 3.95x
EV / Revenue 14.6x 3.04x 2.02x 2.44x 5.39x
EV / EBITDA 43.2x 8.97x 6.11x 6.61x 49.8x
EV / EBIT 48.8x 10.2x 7.35x 7.59x 128x
EV / FCF -184x -45.7x -22x -5.74x -4.94x
FCF Yield -0.54% -2.19% -4.55% -17.4% -20.2%
Dividend per Share 2 0.0285 - - - -
Rate of return 0.3% - - - -
EPS 2 0.159 0.2196 0.15 0.1937 -0.31
Distribution rate 17.9% - - - -
Net sales 1 669.7 916.8 1,064 1,649 2,917
EBITDA 1 225.7 310.9 351.8 609.2 315.8
EBIT 1 200.1 273.6 292.5 531.1 122.5
Net income 1 162 223.8 181.6 242.2 -381.3
Net Debt 1 -1,407 -1,385 -2,292 -1,034 4,205
Reference price 2 9.369 3.503 3.585 4.088 9.292
Nbr of stocks (in thousands) 1,191,764 1,191,764 1,238,870 1,238,870 1,238,870
Announcement Date 4/27/22 4/27/23 4/29/24 4/29/25 4/28/26
1CNY in Million2CNY
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 1.5B
35.51x4.87x19.76x1.09% 75.54B
29.24x4.41x19.02x2.28% 36.43B
24.69x2.94x15.25x2.11% 35.55B
14.07x1.36x8.37x2.25% 25.32B
36.79x9.04x27.09x2.36% 22.7B
9.33x2.61x5.15x2.93% 19.34B
24.22x2.62x10.66x1.87% 17.42B
15.47x1.71x6.72x1.94% 14.31B
22.94x2.76x12.68x1.47% 13.96B
Average 23.59x 3.59x 13.86x 2.03% 26.21B
Weighted average by Cap. 26.71x 3.96x 15.79x 1.87%

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 Global New Material International Holdings Limited
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