Company Valuation: Piotech Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 27,414 43,297 42,575 92,366 215,032 - -
Change - 57.93% -1.67% 116.95% 132.81% - -
Enterprise Value (EV) 1 24,259 42,599 43,220 90,105 209,789 209,026 207,759
Change - 75.6% 1.46% 108.48% 132.83% -0.36% -0.61%
P/E 68.4x 65.2x 62.5x 100x 107x 75.8x 48.6x
PBR 7.39x 9.47x 8.14x 14.1x 25x 19.6x 14.8x
PEG - 1x 24.44x 3x 1x 1.8x 0.9x
Capitalization / Revenue 16.1x 16x 10.4x 14.2x 25.7x 18.3x 13.3x
EV / Revenue 14.2x 15.7x 10.5x 13.8x 25.1x 17.8x 12.8x
EV / EBITDA 63.1x 54.8x 52.3x 81.3x 108x 70.4x 47.9x
EV / EBIT 68x 58.3x 63.7x 103x 110x 71.1x 52x
EV / FCF 178x -19.9x -44.6x 29.5x 401x 153x 92.5x
FCF Yield 0.56% -5.02% -2.24% 3.39% 0.25% 0.65% 1.08%
Dividend per Share 2 0.1187 0.2365 0.27 - 0.854 1.186 1.933
Rate of return 0.12% 0.15% 0.18% - 0.11% 0.16% 0.26%
EPS 2 1.447 2.399 2.46 3.29 6.929 9.804 15.27
Distribution rate 8.2% 9.86% 11% - 12.3% 12.1% 12.7%
Net sales 1 1,706 2,705 4,103 6,519 8,351 11,733 16,213
EBITDA 1 384.5 777.5 827 1,109 1,934 2,969 4,333
EBIT 1 356.5 730.7 678.1 878.5 1,901 2,939 3,994
Net income 1 368.5 664.7 688.5 929.3 2,039 2,875 4,284
Net Debt 1 -3,155 -697.3 645 -2,261 -5,243 -6,006 -7,273
Reference price 2 98.95 156.28 153.67 330.00 743.00 743.00 743.00
Nbr of stocks (in thousands) 277,039 277,039 277,053 279,896 289,411 - -
Announcement Date 2/26/23 2/26/24 2/27/25 2/27/26 - - -
1CNY in Million2CNY
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
114.17x26.79x115.67x0.11% 33.81B
42.27x13.04x37.98x0.35% 440B
72.24x10.86x55.39x0.13% 81.87B
103.69x21.82x101.6x0.08% 55.59B
40.51x10.56x27.59x0.44% 49.96B
40.8x13.01x27.43x0.96% 45.61B
43.38x4.19x12.32x0.07% 32.09B
61.04x20.37x44.92x1.37% 22.42B
83.02x16.35x73.49x0.25% 22.12B
97.8x22.1x80.45x0.14% 19.89B
Average 69.89x 15.91x 57.68x 0.39% 80.31B
Weighted average by Cap. 55.48x 14.01x 47.38x 0.35%

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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