Company Valuation: CSI Properties Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 2,372 1,827 1,490 939.4 833.5 2,398 - -
Change - -22.96% -18.49% -36.94% -11.27% 187.73% - -
Enterprise Value (EV) 1 2,372 10,233 9,495 939.4 833.5 8,538 7,606 7,495
Change - 331.38% -7.22% -90.11% -11.27% 924.39% -5.08% -1.46%
P/E - 1.59x 4.44x -2.22x -0.49x -3.2x -11.6x -13.3x
PBR - - - - - - - -
PEG - - -0.1x 0x -0x 0x -0x 1.1x
Capitalization / Revenue 6.43x 4.35x 1.85x 0.59x 1.6x 1.89x 4.67x 10.1x
EV / Revenue 6.43x 24.3x 11.8x 0.59x 1.6x 5.97x 14.8x 31.5x
EV / EBITDA 4.78x 33.7x 14x 7.96x -4.71x 144x 115x 90.1x
EV / EBIT - 38.2x 14.8x 11x - 199x 155x 115x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 0.0084 0.0084 0.0084 - - - - -
Rate of return 1.68% 2.15% 2.64% - - - - -
EPS 2 - 0.2452 0.0716 -0.0918 -0.3673 -0.0656 -0.016 -0.014
Distribution rate - 3.43% 11.7% - - - - -
Net sales 1 368.7 420.5 804.3 1,579 520.6 1,430 513.3 238.2
EBITDA 1 496.1 303.7 676.3 118 -176.9 59.34 66.3 83.2
EBIT 1 - 268 641.6 85.27 - 42.99 49 65
Net income 1 - 1,156 335.7 -425.6 -1,692 -825.3 -206.4 -183.6
Net Debt 1 - 8,406 8,005 - - 5,830 5,208 5,097
Reference price 2 0.5000 0.3900 0.3180 0.2040 0.1810 0.1860 0.1860 0.1860
Nbr of stocks (in thousands) 4,744,360 4,685,865 4,684,470 4,604,895 4,604,895 12,893,706 - -
Announcement Date 6/28/21 A 6/29/22 A 6/29/23 A 6/27/24 A 6/30/25 A 6/29/26 A - -
1HKD in Million2HKD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-186x5.87x39.65x - 306M
15.83x4.98x13.41x3.2% 45.06B
8.7x1.49x7.68x4.07% 30.67B
20.6x4.23x17.36x1.22% 30.47B
5.57x0.61x1.26x8.96% 26.85B
14.22x3.1x14.85x2.47% 25.48B
15.13x6.83x18.33x1.41% 21.41B
8.95x2.31x7.1x4.07% 21.11B
10.17x1.64x14.26x3.72% 18.66B
Average -9.65x 3.45x 14.88x 3.64% 24.45B
Weighted average by Cap. 12.57x 3.28x 11.82x 3.62%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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  4. Valuation CSI Properties Limited