Company Valuation: Horizon Robotics

Data adjusted to current consolidation scope
Fiscal Period: December 2024 2025 2026 2027 2028
Market Cap 1 44,655 114,022 60,609 - -
Change - 155.34% -46.84% - -
Enterprise Value (EV) 1 29,657 94,362 43,693 45,615 45,565
Change - 218.18% -53.7% 4.4% -0.11%
P/E 6.63x -9.61x -19.8x -43.8x 45.5x
PBR 3.81x 7.96x 5.43x 5.37x 4.89x
PEG - 0x 0.3x 0.8x -0x
Capitalization / Revenue 18.7x 30.3x 10.8x 6.51x 4.25x
EV / Revenue 12.4x 25.1x 7.8x 4.9x 3.2x
EV / EBITDA -17.4x -32.6x -17.7x -53.6x 16.4x
EV / EBIT -13.8x -28.3x -15x -36.1x 43.3x
EV / FCF -33.2x -33.6x -22x -40.1x 40.1x
FCF Yield -3.02% -2.98% -4.54% -2.49% 2.5%
Dividend per Share 2 - - - - 0.00548
Rate of return - - - - 0.13%
EPS 2 0.51 -0.81 -0.2102 -0.095 0.0915
Distribution rate - - - - 5.99%
Net sales 1 2,384 3,758 5,601 9,304 14,245
EBITDA 1 -1,706 -2,897 -2,471 -851.5 2,785
EBIT 1 -2,144 -3,339 -2,908 -1,265 1,052
Net income 1 2,347 -10,469 -2,963 -1,357 1,303
Net Debt 1 -14,999 -19,660 -16,916 -14,994 -15,044
Reference price 2 3.383 7.782 4.159 4.159 4.159
Nbr of stocks (in thousands) 13,200,294 14,651,885 14,571,723 - -
Announcement Date 3/21/25 A 3/19/26 A - - -
1CNY in Million2CNY
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-19.52x7.66x-17.35x-.--% 8.88B
14.97x - - 2.02% 4.4B
-22.25x0.12x1.33x0.73% 4.14B
12.67x0.36x4.4x3.36% 4.11B
13.82x0.99x5.97x2.9% 3.69B
13.51x1.33x9.17x1.33% 3.3B
14.16x0.52x5.29x-.--% 2.58B
10.69x0.22x1.99x3.78% 1.66B
14.61x1.24x6.61x1.98% 1.21B
Average 5.85x 1.55x 2.18x 1.79% 3.77B
Weighted average by Cap. 0.59x 2.75x -1.80x 1.46%

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