Company Valuation: Tofflon Science and Technology Group Co., Ltd.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 31,756 15,078 13,686 10,104 11,945 9,206 - -
Change - -52.52% -9.23% -26.17% 18.22% -22.93% - -
Enterprise Value (EV) 1 31,756 15,078 13,686 10,104 8,915 5,791 8,058 8,088
Change - -52.52% -9.23% -26.17% -11.77% -35.03% 39.13% 0.38%
P/E 38.9x 17.8x 22.8x 51.1x - - - -
PBR 7.35x 2.03x 1.74x 1.3x 1.52x 1.13x 1.07x 1x
PEG - 7.71x -0.6x -0.8x - - - -
Capitalization / Revenue 7.57x 2.76x 2.43x 2.02x 2.28x 1.62x 1.48x 1.31x
EV / Revenue 7.57x 2.76x 2.43x 2.02x 1.7x 1.02x 1.29x 1.15x
EV / EBITDA - 14.1x 17.2x 27.7x 20.8x 11.4x 10.8x 7.77x
EV / EBIT 31.2x 15.1x 19.5x 46.8x 33.5x 17x 13.9x 9.33x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 0.39 0.33 0.24 - 0.08 0.13 0.22 0.31
Rate of return 0.77% 1.39% 1.33% - 0.51% 1.07% 1.82% 2.56%
EPS 2 1.3 1.33 0.79 0.26 - - - -
Distribution rate 30% 24.8% 30.4% - - - - -
Net sales 1 4,192 5,469 5,642 5,010 5,233 5,674 6,238 7,028
EBITDA 1 - 1,068 797.4 364.3 428 508.5 746.6 1,041
EBIT 1 1,016 999.2 702.8 215.7 266.1 341.4 578 866.6
Net income 827.8 846.6 600.2 194.1 - - - -
Net Debt 1 - - - - -3,031 -3,415 -1,149 -1,118
Reference price 2 50.54 23.73 17.99 13.28 15.70 12.10 12.10 12.10
Nbr of stocks (in thousands) 628,337 635,415 760,775 760,848 760,848 760,848 - -
Announcement Date 4/7/22 4/26/23 4/24/24 4/24/25 4/29/26 - - -
1CNY in Million2CNY
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- 1.03x11.49x1.07% 1.37B
34.94x6x22.29x0.77% 120B
30.21x5.56x19.21x2% 36.81B
35.33x4.5x16.63x0.1% 33.11B
21.52x1.78x13.07x2.26% 30.6B
26.79x3.23x13.91x1.4% 28.52B
21.89x3.18x13.69x1.07% 26.67B
22.42x3.45x11.58x1.63% 24.91B
25.48x3.21x15.69x1.78% 23.26B
95.46x32.97x77.29x0.4% 22.41B
Average 34.89x 6.49x 21.48x 1.25% 34.76B
Weighted average by Cap. 33.99x 6.35x 21.56x 1.15%

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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