Valuation Piotech Inc.

Equities

End-of-day quote Shanghai S.E. Other stock markets 2026-05-20			5-day change	1st Jan Change
634.88 ^CNY	+14.41%		+23.27%	+92.39%

04-29	Daiwa Securities Upgrades Piotech to Buy from Hold; Price Target is 565 Yuan	MT
04-27	Piotech's 2025 Profit Rises 35%, Revenue Jumps 59%; Shares Up 4%	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	27,414	43,297	42,575	92,366	178,671	-	-
Change	-	57.93%	-1.67%	116.95%	93.44%	-	-
Enterprise Value (EV) ¹	24,259	42,599	43,220	90,105	173,428	172,665	171,398
Change	-	75.6%	1.46%	108.48%	92.47%	-0.44%	-0.73%
P/E ratio	68.4x	65.2x	62.5x	100x	90.7x	64.7x	41.6x
PBR	7.39x	9.47x	8.14x	14.1x	21.4x	17.5x	12.7x
PEG	-	1x	24.44x	3x	1x	1.6x	0.7x
Capitalization / Revenue	16.1x	16x	10.4x	14.2x	21.3x	15.7x	11x
EV / Revenue	14.2x	15.7x	10.5x	13.8x	20.7x	15.1x	10.6x
EV / EBITDA	63.1x	54.8x	52.3x	-	89.7x	58.2x	39.6x
EV / EBIT	68x	58.3x	63.7x	103x	87.3x	60.8x	42.9x
EV / FCF	178x	-19.9x	-44.6x	29.5x	332x	356x	76.3x
FCF Yield	0.56%	-5.02%	-2.24%	3.39%	0.3%	0.28%	1.31%
Dividend per Share ²	0.1187	0.2365	0.27	-	0.854	1.438	1.933
Rate of return	0.12%	0.15%	0.18%	-	0.13%	0.23%	0.3%
EPS ²	1.447	2.399	2.46	3.29	7.003	9.808	15.27
Distribution rate	8.2%	9.86%	11%	-	12.2%	14.7%	12.7%
Net sales ¹	1,706	2,705	4,103	6,519	8,382	11,416	16,213
EBITDA ¹	384.5	777.5	827	-	1,934	2,969	4,333
EBIT ¹	356.5	730.7	678.1	878.5	1,986	2,841	3,994
Net income ¹	368.5	664.7	688.5	929.3	2,040	2,754	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	634.88	634.88	634.88
Nbr of stocks (in thousands)	277,039	277,039	277,053	279,896	281,425	-	-
Announcement Date	2/26/23	2/26/24	2/27/25	2/27/26	-	-	-

¹CNY in Million²CNY

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
PIOTECH INC.	90.65x	20.69x	89.67x	0.13%	26.27B
APPLIED MATERIALS, INC.	32.84x	10.05x	29.26x	0.46%	339B
NAURA TECHNOLOGY GROUP CO., LTD.	61.08x	9.31x	46.84x	0.17%	69.91B
ASM INTERNATIONAL N.V.	40.12x	10.36x	27.02x	0.46%	49.32B
ADVANCED MICRO-FABRICATION EQUIPMENT INC. CHINA	88.15x	17.77x	82.53x	0.09%	45.19B
DISCO CORPORATION	50.79x	14.94x	32.93x	0.73%	41.89B
GLOBALFOUNDRIES, INC.	51.86x	5.08x	14.96x	0.06%	38.82B
BE SEMICONDUCTOR INDUSTRIES N.V.	69.08x	22.26x	50.33x	1.25%	24.4B
HANMI SEMICONDUCTOR CO., LTD.	85.43x	34.16x	66.33x	0.37%	18.22B
SHENZHEN HAN'S CNC TECHNOLOGY CO., LTD.	63.22x	-	-	0.47%	15.41B
Average	63.32x	16.07x	48.88x	0.42%	66.82B
Weighted average by Cap.	48.04x	12.11x	38.30x	0.41%