Company Valuation: Simcere Pharmaceutical Group Limited

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 3,030 3,965 2,254 2,273 3,992 4,076 - -
Change - 30.84% -43.14% 0.81% 75.65% 2.1% - -
Enterprise Value (EV) 1 2,944 3,802 2,173 2,151 3,637 3,889 3,953 4,057
Change - 29.15% -42.86% -1% 69.08% 6.93% 1.65% 2.63%
P/E 12.6x 28.6x 22.6x 23x 19.9x 16.1x 14x 12x
PBR 2.97x 3.84x 2.21x 2.37x 2.84x 2.63x 2.33x 2.09x
PEG - -0.8x -0.9x 3.11x 0.2x 0.7x 0.9x 0.7x
Capitalization / Revenue 3.86x 4.31x 2.46x 2.48x 3.56x 2.73x 2.41x 1.99x
EV / Revenue 3.75x 4.13x 2.37x 2.35x 3.24x 2.6x 2.34x 1.98x
EV / EBITDA 11x 24.1x 15.3x 13.2x 12.9x 12.1x 10.3x 9.16x
EV / EBIT 16.5x 30.3x 22x 18.4x 16.1x 11.7x 12.8x 10.5x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 3 0.15 0.16 0.16 0.16 0.18 0.354 0.4075 0.4751
Rate of return 2.05% 1.56% 2.62% 2.4% 1.67% 3.31% 3.81% 4.44%
EPS 3 0.58 0.36 0.27 0.29 0.54 0.6656 0.7649 0.8941
Distribution rate 25.9% 44.4% 59.3% 55.2% 33.3% 53.2% 53.3% 53.1%
Net sales 1 785.2 919.9 917.9 915.2 1,122 1,495 1,688 2,048
EBITDA 1 267 158.1 141.9 163.5 280.9 321.1 383.3 442.7
EBIT 1 178.1 125.6 98.87 117 225.7 331.3 307.8 386.1
Net income 1 236.7 135.8 99.28 101.1 188.8 246.1 292.4 347.3
Net Debt 1 -85.96 -162.3 -81.83 -121.8 -355.3 -186.9 -122.6 -18.49
Reference price 3 7.32 10.28 6.11 6.67 10.76 10.71 10.71 10.71
Nbr of stocks (in thousands) 2,628,291 2,660,377 2,616,723 2,486,321 2,595,698 2,568,199 - -
Announcement Date 3/24/22 3/31/23 3/20/24 3/24/25 3/25/26 - - -
1CNY in Million2USD in Million3CNY
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
16.09x2.6x12.11x3.31% 4.08B
35.76x6.74x23.33x0.88% 49.03B
20.02x2.36x10.74x1.29% 42.33B
28.49x3.47x18x0.89% 12.43B
26.41x3.9x15.87x0.6% 11.68B
19.07x3.33x11.97x3.49% 9.12B
8.6x2.03x5.32x5.04% 7.15B
15.67x2.02x6.32x3.29% 7.09B
34.6x3.94x16.78x0.23% 6.76B
Average 22.75x 3.38x 13.38x 2.11% 16.63B
Weighted average by Cap. 26.12x 4.11x 15.79x 1.48%

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

  1. Stock Market
  2. Stocks
  3. 2096 Stock
  4. Valuation Simcere Pharmaceutical Group Limited