Company Valuation: MEXAN

Data adjusted to current consolidation scope
Fiscal Period: March 2020 2021 2022 2023 2024 2025
Market Cap 1 234 234 192.7 157.3 118 271.4
Change - 0% -17.65% -18.37% -25% 130%
Enterprise Value (EV) 1 255.1 267.9 250.9 210.3 186.5 231.6
Change - 5.01% -6.35% -16.2% -11.31% 24.21%
P/E -3.31x -5.41x -4.34x -6.62x -5.85x -8.47x
PBR 0.46x 0.5x 0.45x 0.39x 0.31x 0.77x
PEG - 0.1x -1.64x 0.1x 0.4x -0.1x
Capitalization / Revenue 5.37x 9.55x 7x 1.24x 0.67x 7.22x
EV / Revenue 5.86x 10.9x 9.12x 1.66x 1.05x 6.16x
EV / EBITDA -37.6x -17.2x -7x -11.2x -21.8x -21.2x
EV / EBIT -9.06x -7.2x -6.82x -9.22x -13.9x -16.1x
EV / FCF -23x 198x -25x 8.05x -17.1x -0.93x
FCF Yield -4.34% 0.5% -3.99% 12.4% -5.86% -107%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -1.797 -1.1 -1.129 -0.6043 -0.5126 -0.8142
Distribution rate - - - - - -
Net sales 1 43.54 24.49 27.52 126.4 176.9 37.59
EBITDA 1 -6.79 -15.61 -35.84 -18.71 -8.545 -10.92
EBIT 1 -28.16 -37.22 -36.78 -22.8 -13.44 -14.35
Net income 1 -70.66 -43.26 -44.41 -23.76 -20.16 -32.02
Net Debt 1 21.14 33.92 58.19 52.95 68.5 -39.73
Reference price 2 5.950 5.950 4.900 4.000 3.000 6.900
Nbr of stocks (in thousands) 39,328 39,328 39,328 39,328 39,328 39,328
Announcement Date 7/30/20 A 7/28/21 A 7/26/22 A 7/25/23 A 7/24/24 A 7/30/25 A
1HKD in Million2HKD
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
17x3.04x8.72x4.71% 13.13B
14.02x3.22x9x3.71% 5.65B
16.84x5.5x10.97x2.3% 5.56B
18.81x4.26x10.82x1.04% 5.03B
15.93x2.22x9.22x3.12% 4.72B
17.92x1.7x8.07x3.09% 2.85B
17.39x1.29x7.9x2.03% 2.38B
Average 16.84x 3.03x 9.24x 2.86% 5.62B
Weighted average by Cap. 16.74x 3.27x 9.31x 3.29%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA