Company Valuation: Unity Enterprise Holdings Limited

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025
Market Cap 1 370 190 218 76.35 82.03
Change - -48.65% 14.74% -64.98% 7.45%
Enterprise Value (EV) 1 296.7 140.6 211.4 68.09 132.2
Change - -52.61% 50.39% -67.8% 94.19%
P/E 13.2x -25.6x -7.41x -2.69x -1.27x
PBR 2.27x 1.22x 1.73x 0.63x 0.91x
PEG -0.3x 0x -0x 0.2x -0x
Capitalization / Revenue 1.48x 1.79x 1.98x 0.5x 0.39x
EV / Revenue 1.19x 1.32x 1.92x 0.45x 0.63x
EV / EBITDA 8.91x -21x -6.96x -2.46x -3.85x
EV / EBIT 8.99x -19.9x -6.9x -2.45x -3.83x
EV / FCF -16.8x -6.49x -6.52x 7.62x 11.1x
FCF Yield -5.96% -15.4% -15.3% 13.1% 8.99%
Dividend per Share 2 - - - - -
Rate of return - - - - -
EPS 2 0.2799 -0.0741 -0.2941 -0.2418 -0.3805
Distribution rate - - - - -
Net sales 1 249.6 106.2 110 151.5 209.7
EBITDA 1 33.29 -6.708 -30.39 -27.63 -34.34
EBIT 1 32.99 -7.077 -30.66 -27.78 -34.53
Net income 1 26.28 -7.409 -29.41 -27 -54.85
Net Debt 1 -73.28 -49.4 -6.551 -8.264 50.18
Reference price 2 3.7000 1.9000 2.1800 0.6500 0.4850
Nbr of stocks (in thousands) 100,000 100,000 100,000 117,460 169,143
Announcement Date 4/21/22 4/25/23 4/25/24 4/23/25 4/28/26
1HKD in Million2HKD
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 6.04M
28.26x2.34x14.33x1.39% 6.41B
6.38x0.22x2.6x6.37% 2.99B
19.7x0.9x9.19x1.94% 1.06B
15.12x1.34x9.13x4.79% 922M
9.34x - - - 658M
14.31x0.71x6.48x2.68% 394M
Average 15.52x 1.10x 8.35x 3.43% 1.78B
Weighted average by Cap. 19.85x 1.54x 10.22x 3.01%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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