Company Valuation: HRnetGroup Limited

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 808 778.3 703.8 666.5 741.8 718.8 - -
Change - -3.68% -9.58% -5.3% 11.31% -3.1% - -
Enterprise Value (EV) 481 493.8 432.2 408.1 741.8 718.8 718.8 718.8
Change - 2.66% -12.47% -5.58% 81.79% -3.1% 0% 0%
P/E 12.3x 11.6x 11.1x 15x 14.4x 15.1x 13.5x 12.1x
PBR 2.18x 2.15x 1.87x 1.76x 1.85x 1.75x 1.71x 1.65x
PEG - 3.44x -2.42x -0.5x 1x -1.98x 1.2x 1x
Capitalization / Revenue 1.37x 1.27x 1.22x 1.18x 1.27x 1.19x 1.12x 1.05x
EV / Revenue 0x 0x 0x 0x 0x 1.19x 1.12x 1.05x
EV / EBITDA 0x 0x 0x 0x 0x 11.6x 10.8x 9.79x
EV / EBIT 0x 0x 0x 0x 0x 12.9x 11.8x 11x
EV / FCF 0x 0x 0x 0x 0x 13.3x 12.6x 11.9x
FCF Yield 6.35% 9.47% 7.87% 7.42% 7.01% 7.53% 7.95% 8.41%
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% 5.9% 6.03% 6.02%
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 0.7250 0.7250 0.7250
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
14.96x - - 5.94% 559M
22.17x4.55x15.23x2.64% 108B
18.57x0.33x8.22x4.52% 7.31B
13.54x0.29x7.73x4.01% 5.19B
13.66x0.33x5.63x4.44% 4.15B
29.56x0.64x13.47x6.34% 3.76B
71.87x3.09x10.89x-.--% 3.56B
19.09x0.18x7.65x2.37% 2.68B
12.76x - - 4.04% 1.43B
7.34x - - 6.73% 1.07B
Average 22.35x 1.34x 9.83x 4.1% 13.75B
Weighted average by Cap. 22.58x 3.79x 13.94x 2.93%

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

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  3. CHZ Stock
  4. Valuation HRnetGroup Limited
-40%: Exceptional extension
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