Company Valuation: Zero Fintech Group Limited

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 787 666.9 1,334 1,707 1,654 1,334
Change - -15.25% 100% 28% -3.13% -19.35%
Enterprise Value (EV) 1 531.2 487.2 1,168 1,608 1,813 1,737
Change - -8.28% 139.69% 37.67% 12.78% -4.2%
P/E 10.2x 31.4x 87.8x 142x 61.4x 64.1x
PBR 0.68x 0.59x 1.22x 1.58x 1.51x 1.19x
PEG - -0.4x -3.1x -6.8x 0x -2.8x
Capitalization / Revenue 25.4x 7.01x 13.8x 15.1x 10.4x 7.1x
EV / Revenue 17.2x 5.12x 12x 14.3x 11.4x 9.24x
EV / EBITDA - - - - - -
EV / EBIT - - - - - -
EV / FCF - - - - - -
FCF Yield - - - - - -
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 0.0289 0.007972 0.005693 0.0045 0.0101 0.007799
Distribution rate - - - - - -
Net sales 1 30.95 95.16 97 112.8 159.7 187.9
EBITDA - - - - - -
EBIT - - - - - -
Net income 1 61.28 21.27 15.19 12.14 27.08 20.93
Net Debt 1 -255.8 -179.7 -166.1 -99.66 159.1 403
Reference price 2 0.2950 0.2500 0.5000 0.6400 0.6200 0.5000
Nbr of stocks (in thousands) 2,667,643 2,667,643 2,667,643 2,667,643 2,667,643 2,667,643
Announcement Date 4/22/21 4/28/22 4/26/23 4/25/24 4/28/25 4/28/26
1HKD in Million2HKD
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 112M
17.37x - - 1.19% 214B
11.67x2.45x3.84x1.58% 123B
22.71x15.95x - 0.76% 61.5B
30.66x5.26x19.95x-.--% 36.25B
21.76x4.89x24.22x0.09% 28.08B
7.9x1.8x3.32x1.7% 23.46B
27.5x3.87x11.78x-.--% 21.73B
13.55x10.19x19.51x1.47% 20.44B
19.49x22.37x - 0.24% 14.21B
Average 19.18x 8.35x 13.77x 0.78% 54.3B
Weighted average by Cap. 17.70x 6.88x 10.31x 1.05%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Zero Fintech Group Limited

Historical PBR trend

Valuation ratios - PBR - Zero Fintech Group Limited

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Zero Fintech Group Limited

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Zero Fintech Group Limited

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