Company Valuation: Minth Group Limited

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 32,501 21,736 16,644 16,364 33,371 26,817 - -
Change - -33.12% -23.43% -1.68% 103.93% -19.64% - -
Enterprise Value (EV) 1 34,152 25,714 22,167 22,343 38,573 31,323 29,867 29,715
Change - -24.71% -13.79% 0.79% 72.64% -18.8% -4.65% -0.51%
P/E 21.7x 14.3x 8.66x 7.04x 12.3x 8.55x 7.23x 6.26x
PBR 2.02x 1.27x 0.91x 0.8x 1.39x 1.03x 0.93x 0.85x
PEG - 15.4x 0.3x 0.3x 0.8x 0.6x 0.4x 0.4x
Capitalization / Revenue 2.33x 1.26x 0.81x 0.71x 1.3x 0.89x 0.76x 0.66x
EV / Revenue 2.45x 1.49x 1.08x 0.97x 1.5x 1.04x 0.85x 0.73x
EV / EBITDA 11.3x 9.88x 6.51x 5.42x 7.97x 5.66x 4.71x 4.29x
EV / EBIT 16.3x 17.7x 11.2x 8.72x 12.4x 8.19x 6.59x 5.77x
EV / FCF -18.6x -16.5x 170x 16.4x 14.3x 13.2x 10.9x 8.5x
FCF Yield -5.38% -6.06% 0.59% 6.1% 7.01% 7.6% 9.15% 11.8%
Dividend per Share 2 0.5124 0.5067 - 0.4059 0.6659 0.9344 1.156 1.257
Rate of return 1.83% 2.71% - 2.86% 2.34% 4.08% 5.05% 5.49%
EPS 2 1.292 1.304 1.654 2.019 2.324 2.675 3.166 3.656
Distribution rate 39.7% 38.9% - 20.1% 28.7% 34.9% 36.5% 34.4%
Net sales 1 13,919 17,306 20,524 23,147 25,737 30,143 35,084 40,450
EBITDA 1 3,012 2,604 3,408 4,121 4,842 5,531 6,341 6,932
EBIT 1 2,089 1,451 1,984 2,563 3,118 3,826 4,531 5,149
Net income 1 1,497 1,501 1,903 2,319 2,692 3,106 3,683 4,261
Net Debt 1 1,652 3,978 5,523 5,978 5,201 4,506 3,050 2,898
Reference price 2 27.98 18.71 14.32 14.21 28.50 22.88 22.88 22.88
Nbr of stocks (in thousands) 1,161,400 1,161,836 1,161,994 1,151,750 1,170,747 1,171,811 - -
Announcement Date 3/22/22 3/21/23 3/26/24 3/24/25 3/23/26 - - -
1CNY in Million2CNY
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
8.59x1.04x5.68x4.07% 3.96B
14.35x0.57x3.25x2.79% 2.66B
60.08x - - 0.36% 2.27B
8.82x0.32x3.21x4.36% 2.19B
5.8x0.92x5.08x7.54% 1.38B
12.51x0.73x5.59x4.11% 1.02B
Average 18.36x 0.71x 4.56x 3.87% 2.25B
Weighted average by Cap. 18.44x 0.74x 4.54x 3.6%

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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