Company Valuation: CASTECH Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 5,887 8,093 6,763 12,624 15,236 26,494
Change - 37.47% -16.43% 86.66% 20.69% 73.89%
Enterprise Value (EV) 1 5,634 7,812 6,366 12,299 15,021 26,401
Change - 38.67% -18.5% 93.19% 22.13% 75.76%
P/E 41x 42.3x 29.9x 60.4x 69.6x 95.1x
PBR 5.5x 6.63x 4.89x 8.73x 9.66x 15x
PEG - 1.3x 1.6x -7.88x 14.95x 3.5x
Capitalization / Revenue 10.8x 11.8x 8.8x 16.2x 17.4x 22.9x
EV / Revenue 10.3x 11.3x 8.29x 15.7x 17.2x 22.8x
EV / EBITDA 29x 32x 23.1x 48.2x 49.1x 66x
EV / EBIT 37.7x 39.5x 27.5x 60.3x 62.4x 81.4x
EV / FCF 86.4x 1,179x 69x -131x -151x -251x
FCF Yield 1.16% 0.08% 1.45% -0.76% -0.66% -0.4%
Dividend per Share 2 0.0909 0.1364 0.2273 0.2273 0.2 0.2
Rate of return 0.73% 0.79% 1.58% 0.85% 0.62% 0.35%
EPS 2 0.3055 0.4069 0.4815 0.4446 0.4653 0.5924
Distribution rate 29.8% 33.5% 47.2% 51.1% 43% 33.8%
Net sales 1 546.5 688.7 768.4 781.6 875.7 1,158
EBITDA 1 194.1 244.2 275.9 255.4 305.9 399.7
EBIT 1 149.5 197.8 231.4 204 240.6 324.3
Net income 1 143.7 191.4 226.4 209.1 218.8 278.6
Net Debt 1 -253 -280.5 -396.6 -325 -215.2 -92.85
Reference price 2 12.52 17.21 14.38 26.85 32.40 56.34
Nbr of stocks (in thousands) 470,250 470,250 470,250 470,250 470,250 470,250
Announcement Date 23/04/21 22/04/22 21/04/23 19/04/24 28/04/25 28/04/26
1CNY in Million2CNY
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 4.53B
32.95x6.13x18.33x0.61% 206B
13.91x0.32x7.05x3.61% 114B
42.6x6.9x22.39x0.85% 94.2B
28.33x11.37x23.73x0.41% 92.63B
76.06x7.99x37.38x0.19% 81.24B
20.32x1.16x12.78x0.56% 64.54B
43.34x6.19x23.33x0.04% 63.81B
19.7x3.34x12.69x1.35% 62.6B
74.5x30.09x66.69x0.41% 43.3B
Average 39.08x 8.16x 24.93x 0.89% 82.66B
Weighted average by Cap. 36.15x 6.85x 21.80x 0.99%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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