Company Valuation: VT Industrial Technology Co.,Ltd

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 2,693 3,197 2,413 3,290 2,686 2,868
Change - 18.73% -24.52% 36.34% -18.36% 6.76%
Enterprise Value (EV) 1 2,500 3,186 2,450 2,973 2,499 2,584
Change - 27.44% -23.08% 21.35% -15.97% 3.41%
P/E 85.2x 71.9x 45.9x 175x 129x 99.7x
PBR 3.83x 4.17x 2.97x 2.79x 2.34x 2.45x
PEG - 1.8x 2.5x -2.6x 10.2x 2.6x
Capitalization / Revenue 4.85x 4.43x 2.93x 4.02x 3.1x 3.5x
EV / Revenue 4.51x 4.42x 2.98x 3.63x 2.89x 3.16x
EV / EBITDA 32.2x 33x 23.5x 32.8x 26.9x 26.3x
EV / EBIT 53.1x 49x 35.8x 68.6x 61.9x 59.3x
EV / FCF -73.7x -23x -96.8x 76.6x -30.6x 26.8x
FCF Yield -1.36% -4.35% -1.03% 1.31% -3.27% 3.73%
Dividend per Share 2 0.03 0.04 0.06 0.0198 0.06 0.06
Rate of return 0.17% 0.2% 0.39% 0.11% 0.39% 0.36%
EPS 2 0.2021 0.2844 0.3367 0.106 0.1194 0.165
Distribution rate 14.8% 14.1% 17.8% 18.7% 50.3% 36.4%
Net sales 1 554.6 721.4 823 819.1 865.7 818.2
EBITDA 1 77.56 96.42 104.1 90.57 92.99 98.37
EBIT 1 47.05 65.02 68.53 43.33 40.34 43.58
Net income 1 31.78 48.77 57.78 20.32 20.86 29.25
Net Debt 1 -192.9 -11.33 37.06 -316.7 -187.4 -283.7
Reference price 2 17.22 20.45 15.44 18.59 15.37 16.45
Nbr of stocks (in thousands) 156,363 156,326 156,291 176,976 174,752 174,317
Announcement Date 4/23/21 4/26/22 4/25/23 4/28/24 4/25/25 4/23/26
1CNY in Million2CNY
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 316M
21.86x1.47x11.34x1.68% 48.42B
18.42x0.83x6.1x3.16% 39.45B
11.62x0.72x9.15x1.28% 34.5B
12.41x0.58x5.03x3.83% 30.21B
14.35x2.6x9.08x4.17% 20.92B
11.17x0.53x5.1x2.77% 18.94B
31.22x1.23x13.03x0.59% 18.53B
13.21x1.34x6.83x4.19% 16.03B
46.11x5.04x35.22x0.78% 14.48B
Average 20.04x 1.59x 11.21x 2.49% 24.18B
Weighted average by Cap. 18.76x 1.36x 9.96x 2.46%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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