Company Valuation: Lee's Pharmaceutical Holdings Limited

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 2,764 1,961 959.8 900.9 836.1 895
Change - -29.06% -51.05% -6.13% -7.19% 7.04%
Enterprise Value (EV) 1 2,506 1,950 934 934.1 846.6 855.4
Change - -22.18% -52.11% 0.01% -9.36% 1.04%
P/E 21.4x 0.99x 18.7x 54x 8.98x 9.74x
PBR 1.29x 0.8x 0.5x 0.44x 0.51x 0.44x
PEG - 0x -0.2x -0.8x 0x -7.7x
Capitalization / Revenue 2.27x 1.55x 0.78x 0.86x 0.6x 0.62x
EV / Revenue 2.06x 1.54x 0.76x 0.89x 0.6x 0.6x
EV / EBITDA 13.9x 116x 3.93x 7.15x 3.84x 4.32x
EV / EBIT 36.7x -20.5x 7.33x 25.9x 6.34x 7.76x
EV / FCF -8.6x -11x 13.6x -20.8x 17.1x 29.9x
FCF Yield -11.6% -9.12% 7.38% -4.81% 5.86% 3.35%
Dividend per Share 2 0.058 0.061 0.02 0.018 0.045 0.045
Rate of return 1.23% 1.83% 1.23% 1.18% 3.17% 2.96%
EPS 2 0.2199 3.374 0.0871 0.0284 0.1581 0.1561
Distribution rate 26.4% 1.81% 23% 63.5% 28.5% 28.8%
Net sales 1 1,217 1,266 1,233 1,053 1,400 1,436
EBITDA 1 179.9 16.83 237.9 130.6 220.3 198
EBIT 1 68.38 -95.13 127.4 36.04 133.6 110.3
Net income 1 129.3 1,987 51.28 16.7 93.1 91.94
Net Debt 1 -257.8 -10.39 -25.81 33.14 10.45 -39.63
Reference price 2 4.700 3.330 1.630 1.530 1.420 1.520
Nbr of stocks (in thousands) 588,125 588,835 588,835 588,835 588,835 588,835
Announcement Date 4/21/21 4/21/22 4/21/23 3/26/24 4/23/25 4/23/26
1HKD in Million2HKD
Estimates


P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 79.18M
37.84x13.27x28.43x0.53% 1,148B
39.67x6.67x18.75x1.97% 652B
37.4x8.39x17.35x2.4% 505B
21.45x5.21x12.93x2.51% 384B
102.73x5.76x24.72x2.42% 348B
21.89x5.76x13.88x2.85% 294B
22.21x4.49x12.82x1.97% 264B
28.66x7.33x13.12x2.23% 244B
-45.79x7.11x27.55x2.07% 197B
Average 29.56x 7.11x 18.84x 2.11% 403.72B
Weighted average by Cap. 35.29x 8.40x 20.64x 1.79%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Lee's Pharmaceutical Holdings Limited

Historical PBR trend

Valuation ratios - PBR - Lee's Pharmaceutical Holdings Limited

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Lee's Pharmaceutical Holdings Limited

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Lee's Pharmaceutical Holdings Limited

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