Company Valuation: North Asia Strategic Holdings Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026
Market Cap 1 207.2 284.8 143.2 106.8 109.1 225
Change - 37.49% -49.74% -25.4% 2.13% 106.25%
Enterprise Value (EV) 1 -811.6 -232.4 -332.9 -278.4 -244.7 -227.2
Change - 71.37% -43.27% 16.38% 12.08% 7.18%
P/E 1.51x 3.06x 124x -2.19x -13.8x 22.5x
PBR 0.17x 0.2x 0.1x 0.08x 0.08x 0.16x
PEG - -0.1x -1.3x 0x 0.2x -0x
Capitalization / Revenue 0.09x 0.12x 0.06x 0.08x 0.08x 0.13x
EV / Revenue -0.34x -0.1x -0.15x -0.21x -0.18x -0.13x
EV / EBITDA -4.76x -1.56x -7.86x 21x -3.91x -2.9x
EV / EBIT -5.57x -2.23x 1,148x 4.55x -19x -8.42x
EV / FCF -2.93x 0.57x 7.45x 3.37x 4.84x -5.56x
FCF Yield -34.1% 177% 13.4% 29.7% 20.6% -18%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 0.503 0.219 0.002545 -0.1072 -0.0174 0.022
Distribution rate - - - - - -
Net sales 1 2,359 2,445 2,267 1,305 1,375 1,687
EBITDA 1 170.4 148.8 42.36 -13.24 62.58 78.37
EBIT 1 145.8 104.3 -0.29 -61.22 12.86 26.99
Net income 1 137.3 79.79 1.088 -48.74 -7.904 10.14
Net Debt 1 -1,019 -517.2 -476.1 -385.2 -353.8 -452.1
Reference price 2 0.7600 0.6700 0.3150 0.2350 0.2400 0.4950
Nbr of stocks (in thousands) 272,581 425,125 454,509 454,509 454,509 454,509
Announcement Date 6/25/21 A 6/28/22 A 6/29/23 A 7/25/24 A 7/24/25 A 7/23/26 A
1HKD in Million2HKD
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 24.63M
33.9x11.83x27.01x0.66% 605B
28.62x8.66x25.13x0.52% 299B
24.05x7.94x19.08x0.55% 287B
27.06x10.62x21.98x0.66% 190B
34.7x12.97x25.23x0.27% 149B
27.42x6.18x18.84x1.77% 137B
34.11x3.76x17.09x1.54% 88.23B
52.06x7.73x41.15x0.17% 58.48B
34.81x9.21x26.01x0.17% 48.29B
Average 32.97x 8.77x 24.61x 0.7% 186.35B
Weighted average by Cap. 31.03x 9.69x 24.18x 0.68%

Y-o-Y evolution of P/E

Valuation ratios - P/E - North Asia Strategic Holdings Limited

Historical PBR trend

Valuation ratios - PBR - North Asia Strategic Holdings Limited

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - North Asia Strategic Holdings Limited

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - North Asia Strategic Holdings Limited

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