Valuation BYD Company Limited

Equities

Market Closed - Hong Kong S.E. Other stock markets 09:09:05 15/05/2026 BST			5-day change	1st Jan Change
96.45 ^HKD	-1.73%		-3.31%	+1.15%

05-15	Chinese automakers gain ground in South Africa as competitive pricing spurs demand	RE
05-14	BYD confirms talks with Stellantis, others for Europe plants, state media reports	RE

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	724,616	651,570	571,597	785,956	845,468	828,941	-	-
Change	-	-10.08%	-12.27%	37.5%	7.57%	-1.95%	-	-
Enterprise Value (EV) ¹	708,526	613,134	493,383	703,579	874,231	785,773	702,179	606,715
Change	-	-13.46%	-19.53%	42.6%	24.25%	-10.12%	-10.64%	-13.6%
P/E ratio	205x	29.8x	18.9x	18.1x	23.9x	19.2x	15.1x	12.6x
PBR	6.65x	4.47x	4.07x	3.93x	-	2.71x	2.35x	2.05x
PEG	-	0x	0.2x	0.5x	-1.1x	0.9x	0.6x	0.6x
Capitalization / Revenue	3.43x	1.54x	0.95x	1.01x	1.05x	0.91x	0.8x	0.73x
EV / Revenue	3.35x	1.45x	0.82x	0.91x	1.09x	0.86x	0.67x	0.54x
EV / EBITDA	35x	14.7x	6.04x	6.13x	7.41x	6.21x	4.71x	3.54x
EV / EBIT	108x	28.5x	12.9x	13.9x	21.8x	17.6x	11.8x	8.58x
EV / FCF	25.2x	14.1x	10.4x	19.5x	-8.95x	30.7x	12.2x	5.09x
FCF Yield	3.97%	7.08%	9.65%	5.13%	-11.2%	3.26%	8.23%	19.6%
Dividend per Share ²	0.035	0.3807	1.032	1.325	0.358	0.4733	1.28	1.604
Rate of return	0.05%	0.67%	1.59%	1.59%	0.42%	0.56%	1.53%	1.91%
EPS ²	0.3533	1.903	3.44	4.613	3.58	4.356	5.55	6.673
Distribution rate	9.91%	20%	30%	28.7%	10%	10.9%	23.1%	24%
Net sales ¹	211,300	424,061	602,315	777,102	803,965	914,533	1,040,689	1,133,445
EBITDA ¹	20,236	41,830	81,656	114,749	118,054	126,524	149,221	171,584
EBIT ¹	6,571	21,542	38,103	50,486	40,185	44,549	59,712	70,672
Net income ¹	3,045	16,622	30,041	40,254	32,619	39,628	51,601	60,369
Net Debt ¹	-16,091	-38,436	-78,213	-82,378	28,763	-43,167	-126,762	-222,226
Reference price ²	72.40	56.79	64.87	83.51	85.68	83.83	83.83	83.83
Nbr of stocks (in thousands)	8,733,429	8,716,895	8,716,895	8,716,224	9,105,624	9,085,053	-	-
Announcement Date	29/03/22	28/03/23	26/03/24	24/03/25	27/03/26	-	-	-

¹CNY in Million²CNY

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
BYD COMPANY LIMITED	19.24x	0.86x	6.21x	0.56%	122B
TESLA, INC.	319.39x	15.28x	102.76x	-.--%	1,586B
SERES GROUP CO.,LTD	19.8x	0.21x	3.03x	0.81%	20.91B
LI AUTO INC.	195.1x	0.44x	11.83x	-.--%	18.9B
RIVIAN AUTOMOTIVE, INC.	-5.11x	2.9x	-10.1x	-.--%	17.65B
NIO INC.	-24.54x	0.85x	16.45x	-.--%	15.27B
XPENG INC.	-84.06x	0.84x	-610.96x	-.--%	14.93B
VINFAST AUTO LTD.	-2.9x	3.07x	-14.47x	-	8.96B
ZHEJIANG LEAPMOTOR TECHNOLOGY CO., LTD.	16.39x	0.3x	6.64x	-.--%	8.21B
Average	50.37x	2.75x	-54.29x	0.17%	201.38B
Weighted average by Cap.	282.12x	13.50x	85.45x	0.05%