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 53,503 - -
Change - 155.34% -53.08% - -
Enterprise Value (EV) 1 29,657 94,362 35,761 38,009 37,990
Change - 218.18% -62.1% 6.28% -0.05%
P/E 6.63x -9.61x 146x -21.8x 2,931x
PBR 3.81x 7.96x 3.49x 3.62x 3.54x
PEG - 0x -1x 0x -29x
Capitalization / Revenue 18.7x 30.3x 10.2x 6.41x 4.14x
EV / Revenue 12.4x 25.1x 6.8x 4.55x 2.94x
EV / EBITDA -17.4x -32.6x -15.4x -28.7x 24.9x
EV / EBIT -13.8x -28.3x -10.8x -20.5x 82.8x
EV / FCF -33.2x -33.6x 35.6x -21.8x 132x
FCF Yield -3.02% -2.98% 2.81% -4.58% 0.76%
Dividend per Share 2 - - - - 0.0056
Rate of return - - - - 0.17%
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 3.371 3.371 3.371
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
18.49x2.02x11.06x1.59% 72.41B
20.04x1.37x10.56x1.85% 45.52B
11.97x0.56x4.91x3.98% 29.11B
7.81x0.46x5.91x1.93% 23.62B
14.7x2.66x9.15x4.15% 20.67B
20.55x0.89x10.77x3.22% 18.15B
29.51x1.17x12.4x0.62% 17.68B
10.34x0.49x4.75x3.08% 17.05B
13.16x1.34x6.97x4.09% 15.59B
Average 16.28x 1.22x 8.50x 2.73% 28.87B
Weighted average by Cap. 16.80x 1.37x 9.07x 2.44%

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