Company Valuation: Timeless Resources Holdings Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026
Market Cap 1 121 81.57 81.57 61.72 61.39 129
Change - -32.56% 0% -24.33% -0.55% 110.16%
Enterprise Value (EV) 1 -17.92 -37.83 -13.48 -11.15 -11.69 38.99
Change - -111.08% 64.37% 17.26% -4.85% 433.49%
P/E 15.2x 11.7x -9.91x -2.67x -5.12x 11.7x
PBR 2.29x 1.34x 1.61x 1.54x 1.61x 1.84x
PEG - -0.9x 0x -0x 0.1x -0x
Capitalization / Revenue 0.64x 1.02x 510x 1.28x 0.55x 0.55x
EV / Revenue -0.09x -0.47x -84.2x -0.23x -0.11x 0.17x
EV / EBITDA -0.19x -1.07x 1.15x 0.92x 0.78x -15.3x
EV / EBIT -0.26x -1.13x 1.14x 0.91x 0.78x -14.4x
EV / FCF -0.23x 2.48x 8.45x 1.02x 1.25x 5.04x
FCF Yield -433% 40.3% 11.8% 98% 80.2% 19.8%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 0.0284 0.0247 -0.0293 -0.0686 -0.0355 0.0218
Distribution rate - - - - - -
Net sales 1 189.9 80.2 0.16 48.25 110.6 235.5
EBITDA 1 96.34 35.21 -11.75 -12.14 -14.9 -2.541
EBIT 1 69.24 33.55 -11.86 -12.29 -15.03 -2.702
Net income 1 7.976 6.948 -8.231 -19.44 -12.42 11.02
Net Debt 1 -138.9 -119.4 -95.05 -72.88 -73.08 -90.02
Reference price 2 0.4300 0.2900 0.2900 0.1830 0.1820 0.2550
Nbr of stocks (in thousands) 281,288 281,288 281,288 337,288 337,288 505,932
Announcement Date 6/28/21 6/28/22 6/28/23 7/19/24 7/18/25 7/30/26
1HKD in Million2HKD
Estimates

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 10.32M
24.05x9.26x14.25x2.11% 156B
22.4x3.36x8.04x0.9% 95.48B
12x1.52x5.82x2.85% 56.26B
44.25x - - 0.44% 23.07B
22.52x4.06x12.97x0.89% 22.62B
8.63x0.28x8.46x4.7% 20.05B
21x1.24x10.32x2.09% 17.25B
11.29x1.58x10.93x2.87% 16.17B
Average 20.77x 3.04x 10.11x 2.11% 45.2B
Weighted average by Cap. 21.66x 5.20x 10.77x 1.92%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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