Company Valuation: Dragon Rise Group Holdings Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026
Market Cap 1 204 276 218.4 158.4 553 691.2
Change - 35.29% -20.87% -27.47% 249.09% 25%
Enterprise Value (EV) 1 177.6 183.9 150.7 120.2 508.8 694
Change - 3.58% -18.07% -20.21% 323.16% 36.4%
P/E -10.1x 37.1x 27.6x 37.8x 48.2x 44.2x
PBR 0.82x 1.08x 0.83x 0.59x 1.73x 2.06x
PEG - -0x 4.17x -0.8x 3.4x 1.2x
Capitalization / Revenue 0.22x 0.45x 0.28x 0.17x 0.42x 0.74x
EV / Revenue 0.19x 0.3x 0.19x 0.13x 0.39x 0.75x
EV / EBITDA -12.1x 9.8x 6.55x 4.74x 24.5x 47.1x
EV / EBIT -5x 245x 71.8x 15.1x 43.4x 90x
EV / FCF -57.6x 2.86x -4.93x -4.05x -17.7x -24.4x
FCF Yield -1.74% 34.9% -20.3% -24.7% -5.65% -4.1%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -0.1676 0.0619 0.066 0.0349 0.0398 0.0544
Distribution rate - - - - - -
Net sales 1 922.9 613.6 786.2 945.9 1,314 929.9
EBITDA 1 -14.7 18.77 23 25.37 20.74 14.74
EBIT 1 -35.49 0.752 2.098 7.971 11.72 7.713
Net income 1 -20.11 7.431 7.923 4.188 9.032 15.65
Net Debt 1 -26.44 -92.08 -67.7 -38.17 -44.18 2.766
Reference price 2 1.700 2.300 1.820 1.320 1.920 2.400
Nbr of stocks (in thousands) 120,000 120,000 120,000 120,000 288,000 288,000
Announcement Date 7/13/21 A 7/12/22 A 7/11/23 A 7/9/24 A 7/22/25 A 7/21/26 A
1HKD in Million2HKD
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 65.88M
29.05x2.4x14.7x1.35% 6.59B
6.53x0.23x2.53x6.37% 3.05B
19.05x0.87x8.94x2.01% 1.03B
13.95x1.18x8.25x5.11% 828M
9.43x - - - 653M
Average 15.60x 1.17x 8.60x 3.71% 2.04B
Weighted average by Cap. 20.47x 1.60x 10.49x 3.01%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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