Company Valuation: Hesai Group

Data adjusted to current consolidation scope
Fiscal Period: December 2023 2024 2025 2026 2027 2028
Market Cap 1 7,931 12,859 24,464 19,992 - -
Change - 62.13% 90.24% -18.28% - -
Enterprise Value (EV) 1 6,663 10,290 23,527 17,220 17,124 16,126
Change - 54.44% 128.65% -26.81% -0.56% -5.82%
P/E -16.6x -128x 52.6x 35.5x 20.1x 14.1x
PBR 2.08x 3.37x 2.43x 2.1x 1.93x 1.73x
PEG 0.4x 1.6x -0x 1.7x 0.3x 0.3x
Capitalization / Revenue 4.23x 6.19x 8.08x 4.6x 3.26x 2.48x
EV / Revenue 3.55x 4.95x 7.77x 3.96x 2.79x 2x
EV / EBITDA -13.7x -141x 80.4x 28.8x 15.7x 9.85x
EV / EBIT -11.7x -50.2x 139x 39.8x 19.8x 12x
EV / FCF -18.6x -49.5x -104x -75.4x 82.6x 37.3x
FCF Yield -5.36% -2.02% -0.96% -1.33% 1.21% 2.68%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -3.81 -0.79 2.98 3.61 6.393 9.111
Distribution rate - - - - - -
Net sales 1 1,877 2,077 3,028 4,348 6,135 8,069
EBITDA 1 -485.3 -73.1 292.5 598.8 1,092 1,637
EBIT 1 -571.6 -204.9 168.8 432.9 862.8 1,348
Net income 1 -476 -102.4 435.9 545.2 905.3 1,281
Net Debt 1 -1,269 -2,570 -936.5 -2,772 -2,868 -3,866
Reference price 2 63.18 100.87 156.67 128.27 128.27 128.27
Nbr of stocks (in thousands) 125,535 127,478 156,142 156,440 - -
Announcement Date 3/11/24 3/10/25 3/24/26 - - -
1CNY in Million2CNY
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
35.42x3.96x28.78x-.--% 2.96B
-140.12x9.23x-136.16x-.--% 5.74B
-94.59x23.3x-310.94x - 1.29B
21.91x3.86x13.29x2.79% 1.2B
299.45x5.43x153.49x - 707M
25.27x2.3x11.82x - 417M
Average 24.56x 8.01x -39.96x 0.93% 2.05B
Weighted average by Cap. -46.49x 8.45x -78.52x 0.34%

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. HSAI Stock
  4. Valuation Hesai Group