Company Valuation: Tuya Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 3,499 1,053 1,276 1,002 1,272 1,006 - -
Change - -69.89% 21.15% -21.48% 26.95% -20.96% - -
Enterprise Value (EV) 1 2,432 99.2 486.6 348.8 381.5 64.07 30.91 13.56
Change - -95.92% 390.49% -28.31% 9.38% -83.21% -51.76% -56.12%
P/E - -7.35x -20.9x 179x 23.4x 14.9x 12.6x 10.9x
PBR 2.75x 0.95x 1.32x 1.01x 1.26x 0.96x 0.93x 0.99x
PEG - - 0.4x -2x 0x 0.7x 0.7x 0.7x
Capitalization / Revenue 11.6x 5.06x 5.55x 3.36x 3.95x 2.78x 2.49x 2.17x
EV / Revenue 8.05x 0.48x 2.12x 1.17x 1.19x 0.18x 0.08x 0.03x
EV / EBITDA -21.3x -1.04x -12.8x 16.1x 10.9x 1.94x 0.64x -
EV / EBIT -13.3x -0.59x -4.6x -7.32x 33.2x 1.73x 0.65x 0.22x
EV / FCF - - - - 5.16x 0.49x 0.21x 0.09x
FCF Yield - - - - 19.4% 203% 469% 1,162%
Dividend per Share 2 - - - 0.0589 0.1145 0.11 0.115 0.125
Rate of return - - - 3.29% 5.43% 6.71% 7.01% 7.62%
EPS 2 - -0.26 -0.11 0.01 0.09 0.11 0.13 0.15
Distribution rate - - - 589% 127% 100% 88.5% 83.3%
Net sales 1 302.1 208.2 230 298.6 321.8 362.3 404.1 462.4
EBITDA 1 -114.1 -95.72 -38.16 21.73 34.96 33 48 -
EBIT 1 -183.6 -168.2 -105.8 -47.62 11.48 37.02 47.89 62.58
Net income 1 -175.4 -146.2 -60.32 4.997 57.89 74.43 84.94 97.7
Net Debt 1 -1,066 -954.3 -789.7 -653.3 -890.7 -941.5 -974.6 -992
Reference price 2 6.250 1.910 2.300 1.790 2.110 1.640 1.640 1.640
Nbr of stocks (in thousands) 559,760 551,567 554,901 559,859 602,961 613,130 - -
Announcement Date 3/14/22 3/1/23 2/27/24 2/26/25 3/2/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
15x0.19x2.13x6.67% 1.01B
26.61x9.82x16.02x0.73% 3,895B
126.89x56.1x91.33x-.--% 473B
18.99x5.52x9.62x1.58% 382B
241.45x21.53x63.04x-.--% 311B
29.96x6.06x18.99x1.25% 277B
2575.7x43.13x141.09x-.--% 264B
100.91x10.01x26.8x-.--% 164B
58.59x15.69x41.34x-.--% 132B
14.46x3.85x8.04x-.--% 103B
Average 320.86x 17.19x 41.84x 1.02% 600.33B
Weighted average by Cap. 160.07x 15.12x 30.34x 0.64%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Tuya Inc.

Historical PBR trend

Valuation ratios - PBR - Tuya Inc.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Tuya Inc.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Tuya Inc.


Year-on-year evolution of the Yield

Valuation ratios - Yield - Tuya Inc.