Company Valuation: Shantui Construction Machinery Co., Ltd.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 4,665 6,428 6,200 7,414 14,553 17,890
Change - 37.78% -3.54% 19.58% 96.29% 22.93%
Enterprise Value (EV) 1 4,549 4,544 4,162 4,744 12,282 16,857
Change - -0.12% -8.4% 13.99% 158.88% 37.25%
P/E 46.3x 28.9x 9.82x 9.69x 13.2x 14.8x
PBR 1.33x 1.47x 1.27x 1.33x 2.78x 2.88x
PEG - 0.4x 0x 0.5x 0.3x 1.5x
Capitalization / Revenue 0.66x 0.7x 0.62x 0.7x 1.02x 1.22x
EV / Revenue 0.64x 0.5x 0.42x 0.45x 0.86x 1.15x
EV / EBITDA 16.4x 11.9x 11.3x 5.29x 9.15x 10.5x
EV / EBIT 45.8x 22.6x 21.5x 6.73x 11.2x 12.9x
EV / FCF 9.13x 13x 11.3x 7.57x 7.78x -26.7x
FCF Yield 11% 7.67% 8.86% 13.2% 12.9% -3.75%
Dividend per Share 2 - 0.025 0.076 0.15 0.09 0.135
Rate of return - 0.58% 1.84% 3.04% 0.93% 1.13%
EPS 2 0.0812 0.148 0.4207 0.5099 0.7346 0.8094
Distribution rate - 16.9% 18.1% 29.4% 12.3% 16.7%
Net sales 1 7,098 9,160 9,998 10,541 14,219 14,620
EBITDA 1 277.9 382.4 368.9 897 1,342 1,607
EBIT 1 99.42 200.9 193.6 704.6 1,092 1,305
Net income 1 100.8 209.5 631.7 765.4 1,102 1,211
Net Debt 1 -115.9 -1,884 -2,038 -2,670 -2,271 -1,033
Reference price 2 3.760 4.280 4.130 4.940 9.700 11.970
Nbr of stocks (in thousands) 1,240,788 1,501,853 1,501,253 1,500,855 1,500,327 1,494,602
Announcement Date 4/28/21 3/28/22 4/28/23 3/25/24 4/22/25 3/15/26
1CNY in Million2CNY
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 2B
27.12x4.63x20.7x0.85% 334B
34.62x5.41x29.48x1.05% 169B
15.57x1.19x7.69x4.73% 66.25B
18.22x1.69x13.69x2.99% 57.07B
30.68x4.3x18.22x0.43% 48.43B
16.23x1.65x9.41x2.67% 40.84B
11.17x1.05x10.49x4.68% 34.84B
31.5x4.58x18.26x1.59% 30.15B
12.35x0.41x4.18x3.98% 26.08B
Average 21.94x 2.77x 14.68x 2.55% 80.83B
Weighted average by Cap. 25.77x 3.84x 19.19x 1.72%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Shantui Construction Machinery Co., Ltd.

Historical PBR trend

Valuation ratios - PBR - Shantui Construction Machinery Co., Ltd.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Shantui Construction Machinery Co., Ltd.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Shantui Construction Machinery Co., Ltd.

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