Company Valuation: Beijing Capital International Airport Company Limited

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 17,795 23,129 9,519 12,049 11,357 6,563 - -
Change - 29.98% -58.85% 26.58% -5.74% -42.21% - -
Enterprise Value (EV) 1 23,520 31,314 19,070 22,295 20,993 14,744 13,423 12,466
Change - 33.13% -39.1% 16.91% -5.84% -29.76% -8.96% -7.13%
P/E -8.45x -6.56x -5.62x -8.77x -17.7x 103x 17.3x 16.6x
PBR 0.88x 1.39x 0.64x 0.9x 0.88x 0.51x 0.49x 0.48x
PEG - -0.1x 0.1x 0.5x 0.3x -1x 0x 3.95x
Capitalization / Revenue 5.32x 10.4x 2.09x 2.19x 2.02x 1.09x 0.99x 0.94x
EV / Revenue 7.03x 14x 4.18x 4.06x 3.73x 2.44x 2.03x 1.79x
EV / EBITDA -20x -15.6x 97.8x 19.5x 15x 7.9x 5.88x 4.99x
EV / EBIT -8.56x -8.56x -13.5x -64.2x -89.1x 47.8x 18.1x 13x
EV / FCF -16.8x -15.8x -22.5x -71.6x 19.9x 31.9x 9.01x 9.17x
FCF Yield -5.96% -6.33% -4.44% -1.4% 5.02% 3.13% 11.1% 10.9%
Dividend per Share 2 - - - - - - 0.0135 -
Rate of return - - - - - - 0.94% -
EPS 2 -0.46 -0.77 -0.37 -0.3 -0.14 0.014 0.0828 0.0863
Distribution rate - - - - - - 16.3% -
Net sales 1 3,345 2,231 4,559 5,492 5,632 6,042 6,610 6,962
EBITDA 1 -1,174 -2,004 195.1 1,145 1,401 1,867 2,283 2,500
EBIT 1 -2,747 -3,658 -1,413 -347.1 -235.7 308.8 742.3 956.8
Net income 1 -2,117 -3,527 -1,697 -1,390 -630 75.74 441.6 410.4
Net Debt 1 5,726 8,185 9,551 10,247 9,635 8,181 6,860 5,903
Reference price 2 3.886 5.051 2.079 2.631 2.480 1.433 1.433 1.433
Nbr of stocks (in thousands) 4,579,179 4,579,179 4,579,179 4,579,179 4,579,179 4,579,179 - -
Announcement Date 24/03/22 30/03/23 27/03/24 27/03/25 26/03/26 - - -
1CNY in Million2CNY
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
102.74x2.44x7.9x-.--% 969M
46.22x13.45x23.77x1.28% 26.95B
19.57x3.2x9.91x1.52% 6.95B
13.72x5.77x8.58x6% 5B
22.45x4.27x10.91x3.27% 4.85B
136.5x - - 0.37% 4.61B
15.89x5.9x9.76x6.32% 3.72B
25.6x1.49x5.11x1.98% 2.92B
25.86x2.56x10.14x6.08% 3.06B
Average 45.40x 4.88x 10.76x 2.98% 6.56B
Weighted average by Cap. 42.36x 8.65x 16.45x 2.38%

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. 694 Stock
  4. Valuation Beijing Capital International Airport Company Limited