Company Valuation: Oriental Explorer Holdings Limited

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 248.4 147.5 163 124.2 147.5 161.1
Change - -40.62% 10.53% -23.81% 18.75% 9.21%
Enterprise Value (EV) 1 386 283.8 297 259.9 288.9 302.2
Change - -26.48% 4.67% -12.51% 11.17% 4.59%
P/E -1.77x 7.84x 13.4x -3.04x -3.89x -0.34x
PBR 0.16x 0.1x 0.11x 0.08x 0.1x 0.17x
PEG - -0x -0.4x 0x 0.55x -0x
Capitalization / Revenue 16.8x 5.56x 6.62x 5.3x 5.81x 6.62x
EV / Revenue 26.2x 10.7x 12.1x 11.1x 11.4x 12.4x
EV / EBITDA 73.7x 18.4x 20x 20.1x 20.6x 26.1x
EV / EBIT 73.8x 18.4x 20x 20.1x 20.7x 26.1x
EV / FCF 0.67x 38x 35.1x 52.5x -704x 250x
FCF Yield 149% 2.63% 2.85% 1.91% -0.14% 0.4%
Dividend per Share 2 0.02 0.03 0.02 0.02 0.014 0.016
Rate of return 3.13% 7.89% 4.76% 6.25% 3.68% 3.86%
EPS 2 -0.3613 0.0484 0.0314 -0.1051 -0.0977 -1.22
Distribution rate -5.54% 61.9% 63.7% -19% -14.3% -1.31%
Net sales 1 14.75 26.53 24.61 23.44 25.38 24.33
EBITDA 1 5.235 15.4 14.82 12.94 13.99 11.58
EBIT 1 5.232 15.4 14.82 12.94 13.99 11.57
Net income 1 -115.4 18.81 12.18 -40.82 -37.92 -473.6
Net Debt 1 137.6 136.3 134 135.7 141.4 141.1
Reference price 2 0.6400 0.3800 0.4200 0.3200 0.3800 0.4150
Nbr of stocks (in thousands) 388,184 388,184 388,184 388,184 388,184 388,184
Announcement Date 4/21/21 4/27/22 4/26/23 4/26/24 4/25/25 4/27/26
1HKD in Million2HKD
Estimates


P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 17.57M
65.15x - - - 69.9B
12.5x4.38x11.24x3.85% 39.6B
18.33x4.01x16.12x1.34% 28.21B
5.68x0.75x1.56x8.71% 27.62B
14.35x3.14x15.02x2.44% 26.41B
8.02x1.47x8.22x4.41% 26.72B
10.23x2.01x7.74x4.1% 20.57B
8.43x2.96x6.93x-.--% 20.18B
13.05x6.39x16.81x1.67% 18.65B
Average 17.31x 3.14x 10.46x 3.32% 27.79B
Weighted average by Cap. 24.98x 3.12x 10.44x 3.5%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Oriental Explorer Holdings Limited

Historical PBR trend

Valuation ratios - PBR - Oriental Explorer Holdings Limited

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Oriental Explorer Holdings Limited

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Oriental Explorer Holdings Limited

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