Company Valuation: Horizon Robotics

Data adjusted to current consolidation scope
Fiscal Period: December 2024 2025 2026 2027 2028
Market Cap 1 44,655 114,022 54,094 - -
Change - 155.34% -52.56% - -
Enterprise Value (EV) 1 29,657 94,362 36,351 38,599 38,580
Change - 218.18% -61.48% 6.18% -0.05%
P/E 6.63x -9.61x 147x -22x 2,963x
PBR 3.81x 7.96x 3.53x 3.66x 3.58x
PEG - 0x -1x 0x -29x
Capitalization / Revenue 18.7x 30.3x 10.3x 6.48x 4.19x
EV / Revenue 12.4x 25.1x 6.92x 4.62x 2.99x
EV / EBITDA -17.4x -32.6x -15.6x -29.1x 25.3x
EV / EBIT -13.8x -28.3x -11x -20.8x 84.1x
EV / FCF -33.2x -33.6x 36.2x -22.2x 134x
FCF Yield -3.02% -2.98% 2.76% -4.51% 0.75%
Dividend per Share 2 - - - - 0.0056
Rate of return - - - - 0.16%
EPS 2 0.51 -0.81 0.0232 -0.155 0.00115
Distribution rate - - - - 487%
Net sales 1 2,384 3,758 5,256 8,347 12,916
EBITDA 1 -1,706 -2,897 -2,324 -1,325 1,528
EBIT 1 -2,144 -3,339 -3,301 -1,853 458.5
Net income 1 2,347 -10,469 118.8 -2,287 194.8
Net Debt 1 -14,999 -19,660 -17,742 -15,495 -15,514
Reference price 2 3.383 7.782 3.408 3.408 3.408
Nbr of stocks (in thousands) 13,200,294 14,651,885 15,873,487 - -
Announcement Date 3/21/25 3/19/26 - - -
1CNY in Million2CNY
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
18.47x2.02x11.09x1.58% 72.67B
20.41x1.4x10.75x1.82% 46.39B
13.72x0.61x4.4x4.21% 30.65B
11.7x0.55x4.85x4.02% 28.84B
7.68x0.45x5.83x1.98% 23.49B
14.72x2.66x9.16x4.14% 20.7B
20.23x0.88x10.64x3.27% 17.87B
10.29x0.48x4.73x3.1% 16.97B
28.89x1.15x12.14x0.63% 17.21B
Average 16.23x 1.13x 8.18x 2.75% 30.53B
Weighted average by Cap. 16.61x 1.29x 8.68x 2.54%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Horizon Robotics

Historical PBR trend

Valuation ratios - PBR - Horizon Robotics

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Horizon Robotics

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Horizon Robotics


Year-on-year evolution of the Yield

Valuation ratios - Yield - Horizon Robotics