Company Valuation: ISP Global Limited

Data adjusted to current consolidation scope
Fiscal Period: June 2020 2021 2022 2023 2024 2025
Market Cap 1 736.5 545.5 187.8 173.2 154.9 102.2
Change - -25.94% -65.57% -7.79% -10.57% -34.01%
Enterprise Value (EV) 1 727.8 542.6 187.6 212.1 189.7 88.54
Change - -25.45% -65.42% 13.04% -10.56% -53.32%
P/E 2,593x -1,224x -40.6x -6.28x -5.81x -6.85x
PBR 49.4x 37.7x 9.44x 2.17x 1.78x 1.41x
PEG - 5x -0x -0x 0.4x 0.2x
Capitalization / Revenue 110x 53.8x 9.32x 0.83x 0.71x 0.44x
EV / Revenue 109x 53.6x 9.3x 1.01x 0.87x 0.38x
EV / EBITDA 1,119x -10,398x -43.5x -9.45x -7.38x -6.57x
EV / EBIT 5,968x -1,106x -42.1x -9.14x -7.16x -6.13x
EV / FCF 2,087x -174x -19.5x -6.13x -16.7x 1.53x
FCF Yield 0.05% -0.57% -5.14% -16.3% -6% 65.4%
Dividend per Share 3 - - - - - -
Rate of return - - - - - -
EPS 3 0.000355 -0.000557 -0.005255 -0.0305 -0.0254 -0.0143
Distribution rate - - - - - -
Net sales 1 6.695 10.13 20.16 209.8 218.6 231.7
EBITDA 1 0.6502 -0.0522 -4.315 -22.45 -25.71 -13.48
EBIT 1 0.122 -0.4905 -4.455 -23.2 -26.48 -14.44
Net income 1 0.2842 -0.446 -4.603 -26.82 -24.96 -14.92
Net Debt 1 -8.665 -2.859 -0.2111 38.88 34.78 -13.66
Reference price 3 0.9206 0.6818 0.2134 0.1916 0.1480 0.0976
Nbr of stocks (in thousands) 800,000 800,000 880,000 904,000 1,046,628 1,046,628
Announcement Date 9/16/20 9/28/21 9/26/22 9/29/23 10/17/24 10/20/25
1CNY in Million2SGD in Million3CNY
Estimates

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 10.41M
37.36x7.8x20.16x1.36% 479B
49.56x17.55x35.18x-.--% 238B
22.23x0.92x16.15x2.02% 200B
32.49x10.27x25.3x0.32% 160B
33.91x6.58x18.8x0.99% 77.38B
180.22x23.19x68x-.--% 69.26B
31.06x7.05x23.59x1.33% 59.96B
79.23x9.23x42.6x-.--% 58.38B
38.99x2.05x13.33x1.84% 52.79B
Average 56.12x 9.41x 29.23x 0.87% 139.45B
Weighted average by Cap. 45.15x 9.27x 25.86x 0.98%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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  4. Valuation ISP Global Limited