Company Valuation: Ecovacs Robotics Co., Ltd.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 86,347 41,831 23,889 27,039 46,707 30,781 - -
Change - -51.55% -42.89% 13.19% 72.74% -34.1% - -
Enterprise Value (EV) 1 83,741 39,369 20,471 23,923 41,261 24,348 23,064 21,439
Change - -52.99% -48% 16.86% 72.47% -40.99% -5.28% -7.04%
P/E 42.8x 24.6x 38.7x 33.3x 26.4x 14.8x 12.5x 10.9x
PBR 17.4x 6.63x 3.72x 3.76x 5.17x 2.91x 2.5x 2.1x
PEG - -1.5x -0.6x 1x 0x 0.9x 0.7x 0.7x
Capitalization / Revenue 6.6x 2.73x 1.54x 1.63x 2.45x 1.38x 1.22x 1.08x
EV / Revenue 6.4x 2.57x 1.32x 1.45x 2.17x 1.09x 0.91x 0.75x
EV / EBITDA 34.8x 19.5x 22.3x 15.8x 16.7x 8.96x 7.27x 5.92x
EV / EBIT 37.1x 21.7x 32.2x 21.1x 21.7x 11x 8.83x 7.18x
EV / FCF 60.6x 37.4x 107x 165x 15.3x 20.3x 10.9x 9.31x
FCF Yield 1.65% 2.67% 0.93% 0.6% 6.55% 4.92% 9.21% 10.7%
Dividend per Share 2 1.1 0.9 0.3 0.45 0.92 1.049 1.33 1.358
Rate of return 0.73% 1.23% 0.72% 0.96% 1.14% 1.97% 2.5% 2.55%
EPS 2 3.53 2.96 1.07 1.41 3.06 3.585 4.24 4.867
Distribution rate 31.2% 30.4% 28% 31.9% 30.1% 29.3% 31.4% 27.9%
Net sales 1 13,086 15,325 15,502 16,542 19,040 22,239 25,312 28,548
EBITDA 1 2,409 2,021 917.4 1,512 2,469 2,716 3,174 3,624
EBIT 1 2,256 1,817 635.9 1,135 1,897 2,216 2,611 2,985
Net income 1 2,010 1,698 612.1 806.1 1,758 2,061 2,431 2,773
Net Debt 1 -2,606 -2,462 -3,418 -3,116 -5,446 -6,433 -7,718 -9,343
Reference price 2 150.95 72.94 41.44 47.00 80.68 53.20 53.20 53.20
Nbr of stocks (in thousands) 572,024 573,500 576,463 575,295 578,921 578,598 - -
Announcement Date 4/22/22 A 4/28/23 A 4/27/24 A 4/25/25 A 4/25/26 A - - -
1CNY in Million2CNY
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
14.1x1.03x8.4x2.08% 4.32B
7.4x1.02x5.04x7.47% 32.31B
10.55x0.26x4.73x4.91% 4.75B
9.61x1.57x6.14x3.38% 4.44B
12.9x0.86x9.27x0.79% 3.81B
27.09x0.51x8.31x2.34% 2.51B
14.79x - - 5.92% 2.15B
10.22x1.22x7.72x6.96% 2.11B
21.44x - - 1.99% 1.94B
27.55x1.69x16.25x1.45% 1.75B
Average 15.57x 1.02x 8.23x 3.73% 6.01B
Weighted average by Cap. 10.87x 1.00x 6.24x 5.52%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

  1. Stock Market
  2. Stocks
  3. 603486 Stock
  4. Valuation Ecovacs Robotics Co., Ltd.