Company Valuation: WeRide Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2024 2025 2026 2027 2028
Market Cap 1 28,410 20,776 8,981 - -
Change - -26.87% -56.77% - -
Enterprise Value (EV) 1 23,665 14,534 4,437 5,639 6,894
Change - -38.59% -69.47% 27.09% 22.25%
P/E -12.1x -11.3x -9.69x -11.6x -20.7x
PBR 4.32x 2.37x 1.38x 1.82x 2.19x
PEG 0.2x 0.3x 0.2x 0.7x 0.5x
Capitalization / Revenue 78.7x 30.3x 8.49x 4.37x 1.98x
EV / Revenue 65.5x 21.2x 4.19x 2.74x 1.52x
EV / EBITDA -11.4x -8.65x -2.76x -4.31x -9.21x
EV / EBIT -10.8x -7.87x -2.45x -3.56x -6.98x
EV / FCF -34.9x -9.26x -2.53x -3.11x -4.79x
FCF Yield -2.86% -10.8% -39.6% -32.1% -20.9%
Dividend per Share 2 - - - - -
Rate of return - - - - -
EPS 2 -8.54 -5.37 -2.818 -2.362 -1.321
Distribution rate - - - - -
Net sales 1 361.1 684.6 1,058 2,057 4,542
EBITDA 1 -2,084 -1,680 -1,610 -1,307 -748.3
EBIT 1 -2,185 -1,847 -1,813 -1,584 -988
Net income 1 -2,517 -1,655 -1,643 -1,401 -744.1
Net Debt 1 -4,745 -6,242 -4,543 -3,341 -2,086
Reference price 2 103.50 60.71 27.30 27.30 27.30
Nbr of stocks (in thousands) 274,493 342,205 328,956 - -
Announcement Date 3/14/25 3/23/26 - - -
1CNY in Million2CNY
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
22.87x3.72x13.04x2.91% 219B
23.04x4.84x11.86x0.72% 198B
15.68x1.78x9.18x3.02% 136B
-120.79x16.73x92.01x-.--% 108B
-511.15x36.29x149.08x-.--% 106B
16.07x2.9x11.18x5.01% 93.97B
22.61x5.86x14.38x2.51% 67.63B
15.19x2.22x9.42x5.13% 49.56B
24.75x2.06x13.03x1.26% 48.6B
Average -54.64x 8.49x 35.91x 2.28% 113.99B
Weighted average by Cap. -49.03x 8.31x 34.36x 2.09%

Y-o-Y evolution of P/E

Valuation ratios - P/E - WeRide Inc.

Historical PBR trend

Valuation ratios - PBR - WeRide Inc.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - WeRide Inc.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - WeRide Inc.


Year-on-year evolution of the Yield

Valuation ratios - Yield - WeRide Inc.