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 9,275 - -
Change - -26.87% -55.36% - -
Enterprise Value (EV) 1 23,665 14,534 4,902 5,934 7,188
Change - -38.59% -66.27% 21.05% 21.15%
P/E -12.1x -11.3x -10.1x -11.7x -21.6x
PBR 4.32x 2.37x 1.34x 1.89x 1.98x
PEG 0.2x 0.3x 0.2x 0.8x 0.5x
Capitalization / Revenue 78.7x 30.3x 8.78x 4.59x 2.05x
EV / Revenue 65.5x 21.2x 4.64x 2.94x 1.59x
EV / EBITDA -11.4x -8.65x -3.06x -4.5x -9.61x
EV / EBIT -10.8x -7.87x -2.71x -3.72x -7.28x
EV / FCF -34.9x -9.26x -2.79x -3.28x -5x
FCF Yield -2.86% -10.8% -35.8% -30.5% -20%
Dividend per Share 2 - - - - -
Rate of return - - - - -
EPS 2 -8.54 -5.37 -2.797 -2.406 -1.305
Distribution rate - - - - -
Net sales 1 361.1 684.6 1,056 2,021 4,519
EBITDA 1 -2,084 -1,680 -1,604 -1,319 -748.1
EBIT 1 -2,185 -1,847 -1,807 -1,594 -988
Net income 1 -2,517 -1,655 -1,638 -1,411 -740.1
Net Debt 1 -4,745 -6,242 -4,373 -3,341 -2,086
Reference price 2 103.50 60.71 28.20 28.20 28.20
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
22.43x3.67x12.81x2.97% 215B
22.58x4.75x11.66x0.73% 194B
15.97x1.74x9.13x3% 128B
-131.83x18.31x100.67x-.--% 118B
-559.51x39.76x163.36x-.--% 115B
15.03x2.7x10.41x5.36% 87.63B
21.53x5.62x13.79x2.63% 63.48B
23.9x1.98x12.56x1.3% 46.63B
14.23x2.07x8.78x5.47% 46.31B
Average -61.74x 8.95x 38.13x 2.39% 112.74B
Weighted average by Cap. -63.55x 9.33x 39.14x 2.08%

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.