Company Valuation: HRnetGroup Limited

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 808 778.3 703.8 666.5 741.8 664.3 - -
Change - -3.68% -9.58% -5.3% 11.31% -10.45% - -
Enterprise Value (EV) 481 493.8 432.2 408.1 741.8 664.3 664.3 664.3
Change - 2.66% -12.47% -5.58% 81.79% -10.45% 0% 0%
P/E 12.3x 11.6x 11.1x 15x 14.4x 13.9x 12.5x 11.2x
PBR 2.18x 2.15x 1.87x 1.76x 1.85x 1.61x 1.58x 1.52x
PEG - 3.44x -2.42x -0.5x 1x -1.82x 1.1x 1x
Capitalization / Revenue 1.37x 1.27x 1.22x 1.18x 1.27x 1.1x 1.04x 0.97x
EV / Revenue 0x 0x 0x 0x 0x 1.1x 1.04x 0.97x
EV / EBITDA 0x 0x 0x 0x 0x 10.8x 9.94x 9.05x
EV / EBIT 0x 0x 0x 0x 0x 11.9x 10.9x 10.2x
EV / FCF 0x 0x 0x 0x 0x 12.3x 11.6x 11x
FCF Yield 6.35% 9.47% 7.87% 7.42% 7.01% 8.15% 8.6% 9.1%
Dividend per Share 2 0.03 0.04 0.04 0.04 0.042 0.0428 0.0438 0.0437
Rate of return 3.73% 5.1% 5.59% 5.88% 5.6% 6.38% 6.53% 6.52%
EPS 2 0.0653 0.0675 0.0644 0.0453 0.0521 0.0481 0.0538 0.06
Distribution rate 45.9% 59.3% 62.1% 88.3% 80.6% 88.8% 81.4% 72.8%
Net sales 1 590.5 611.8 578.5 567 584 602.4 639.5 685.3
EBITDA 1 82.67 95.41 86.39 64.43 70.18 61.72 66.84 73.43
EBIT 1 81.47 87.18 78.47 56.63 63.31 55.72 60.76 65.23
Net income 1 65.49 67.54 63.56 44.52 51.19 47.66 52.39 57.53
Net Debt -327.1 -284.6 -271.6 -258.4 - - - -
Reference price 2 0.8050 0.7850 0.7150 0.6800 0.7500 0.6700 0.6700 0.6700
Nbr of stocks (in thousands) 1,003,773 991,512 984,281 980,083 989,099 991,494 - -
Announcement Date 2/24/22 2/23/23 2/22/24 2/26/25 2/25/26 - - -
1SGD in Million2SGD
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
14.03x - - 6.33% 521M
31.53x5.52x21.09x0.15% 154B
24.78x5.16x17.2x2.32% 121B
20.97x6.43x13.67x4.21% 41.07B
20.27x0.36x9.23x3.98% 8.01B
11.01x3.56x7.77x1.52% 7.47B
20.65x3.85x12.19x1.69% 4.91B
12.89x0.28x7.39x4.26% 4.75B
32.04x0.73x15.31x5.61% 4.25B
13.82x1.19x6.95x2.92% 4.15B
Average 20.20x 3.01x 12.31x 3.3% 35B
Weighted average by Cap. 26.62x 5.14x 17.76x 1.68%

Y-o-Y evolution of P/E

Valuation ratios - P/E - HRnetGroup Limited

Historical PBR trend

Valuation ratios - PBR - HRnetGroup Limited

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - HRnetGroup Limited

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - HRnetGroup Limited


Year-on-year evolution of the Yield

Valuation ratios - Yield - HRnetGroup Limited
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