Company Valuation: Poly Developments and Holdings Group Co., Ltd.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 189,328 187,093 181,113 118,507 105,128 77,481 77,481 -
Change - -1.18% -3.2% -34.57% -11.29% -26.3% 0% -
Enterprise Value (EV) 1 340,123 353,900 385,919 324,782 319,776 298,447 359,389 319,907
Change - 4.05% 9.05% -15.84% -1.54% -6.67% 20.42% -10.99%
P/E ratio 6.54x 6.8x 9.89x 9.8x 21.1x 24.5x 17.1x 18.3x
PBR 1.05x 0.95x 0.97x 0.61x 0.54x 0.38x 0.39x 0.39x
PEG - -1.37x -0.3x -0.3x -0.4x -0.7x 0.4x -2.97x
Capitalization / Revenue 0.77x 0.66x 6.44x 0.34x 0.34x 0.27x 0.29x 0.29x
EV / Revenue 1.39x 1.24x 13.7x 0.94x 1.03x 1.05x 1.36x 1.22x
EV / EBITDA 6.35x 6.91x 10.6x 12.5x 12.7x 16.5x 22.4x 16.3x
EV / EBIT 6.51x 7.12x 111x 13.4x 21.2x 18.3x 22.1x 19.2x
EV / FCF 21.6x 34x 52.7x 23.6x 52.5x 5.57x 9.01x -232x
FCF Yield 4.64% 2.94% 1.9% 4.24% 1.9% 18% 11.1% -0.43%
Dividend per Share 2 0.73 0.58 0.45 0.41 - 0.0852 0.1707 0.163
Rate of return 4.61% 3.71% 2.97% 4.14% - 1.3% 2.61% 2.5%
EPS 2 2.42 2.3 1.53 1.01 0.42 0.2665 0.3811 0.3576
Distribution rate 30.2% 25.2% 29.4% 40.6% - 32% 44.8% 45.6%
Net sales 1 245,262 285,048 28,111 346,828 311,666 284,411 263,814 262,797
EBITDA 1 53,560 51,179 36,384 26,076 25,200 18,097 16,036 19,569
EBIT 1 52,251 49,732 3,468 24,318 15,078 16,267 16,283 16,678
Net income 1 28,908 27,577 1,830 12,067 5,001 3,146 4,599 4,041
Net Debt 1 150,795 166,807 204,806 206,274 214,648 220,966 281,908 242,426
Reference price 2 15.820 15.630 15.130 9.900 8.860 6.530 6.530 6.530
Nbr of stocks (in thousands) 11,967,616 11,970,108 11,970,443 11,970,443 11,865,412 11,865,412 11,865,412 -
Announcement Date 1/18/21 1/9/22 1/5/23 1/20/24 1/17/25 1/20/26 - -
1CNY in Million2CNY
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
24.5x1.05x16.49x1.3% 11.13B
14.24x4.58x12.69x3.41% 40.95B
8.35x1.61x3.24x6.94% 35.37B
18.47x3.47x17.24x1.89% 31.51B
23.78x4.43x18.22x1.19% 30.28B
7.68x1.21x6.68x4.61% 27.1B
18.3x7.32x20.61x1.03% 24.55B
19.23x1.3x8.25x1.41% 25.13B
11.5x2.58x9.55x4.05% 19.45B
Average 16.23x 3.06x 12.55x 2.87% 27.28B
Weighted average by Cap. 15.55x 3.24x 12.19x 3.09%
See all sector valuations

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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