Company Valuation: Tasty Concepts Holding Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026
Market Cap 1 50.5 180 16.5 36.58 24.06 23.1
Change - 256.44% -90.83% 121.67% -34.21% -4%
Enterprise Value (EV) 1 44.8 179.1 29.87 33.4 26.24 25.8
Change - 299.65% -83.32% 11.82% -21.43% -1.67%
P/E -3.77x -13x -1.66x -2.52x -3.96x -2.98x
PBR 2.37x 24x 4.35x 1.65x 1.49x 2.74x
PEG - -3.88x 0x 0x 0.1x -0.1x
Capitalization / Revenue 0.97x 4.3x 0.39x 0.96x 0.78x 0.73x
EV / Revenue 0.86x 4.28x 0.71x 0.87x 0.85x 0.82x
EV / EBITDA -4.11x -18.3x -3.21x -5.91x -8.66x 88.7x
EV / EBIT -3.3x -15.4x -3.1x -5.49x -4.47x -3.56x
EV / FCF -23.3x -55.1x -12x -2.57x -265x 8.35x
FCF Yield -4.28% -1.81% -8.31% -38.9% -0.38% 12%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -0.2677 -0.2767 -0.1805 -0.0753 -0.0315 -0.0402
Distribution rate - - - - - -
Net sales 1 51.87 41.88 42.27 38.29 30.92 31.51
EBITDA 1 -10.91 -9.791 -9.315 -5.648 -3.031 0.291
EBIT 1 -13.59 -11.6 -9.628 -6.082 -5.871 -7.246
Net income 1 -13.38 -13.83 -9.65 -8.133 -6.073 -7.741
Net Debt 1 -5.698 -0.949 13.37 -3.177 2.178 2.701
Reference price 2 1.0100 3.6000 0.3000 0.1900 0.1250 0.1200
Nbr of stocks (in thousands) 50,000 50,000 55,000 192,500 192,500 192,500
Announcement Date 6/30/21 6/30/22 6/28/23 7/31/24 7/30/25 7/31/26
1HKD in Million2HKD
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 7.18M
21.29x8.24x14.87x2.75% 193B
29.75x3.64x20.63x-.--% 42.39B
18.22x5.65x16.51x2.02% 40.42B
17.55x3.98x12.35x3.32% 27.08B
16.18x1.17x7.71x2.5% 16.3B
18.21x3.13x14.59x2.3% 11.46B
28.69x2.37x - 0.84% 6.52B
19.36x2.16x8.8x3.97% 5.63B
Average 21.15x 3.79x 13.64x 2.21% 38.1B
Weighted average by Cap. 21.44x 6.31x 15.13x 2.33%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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