Valuation CATL (Contemporary Amperex Technology)

Equities

End-of-day quote Shenzhen S.E. Other stock markets 09/02/2026			5-day change	1st Jan Change
368.82 ^CNY	-0.08%		+5.69%	+0.42%

01-31	Ford held talks with China's Xiaomi over EV partnership, FT reports	RE
01-30	Schroders to partner with China's CATL on European battery projects	RE

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	817,902	1,370,540	960,934	718,187	1,167,469	1,684,870	1,684,870	-
Change	-	67.57%	-29.89%	-25.26%	62.56%	44.32%	0%	-
Enterprise Value (EV) ¹	777,612	1,335,114	869,816	578,757	999,696	1,480,310	1,435,321	1,386,883
Change	-	71.69%	-34.85%	-33.46%	72.73%	48.08%	-3.04%	-3.37%
P/E ratio	141x	86x	30.5x	13.9x	23x	24.2x	19.5x	16.3x
PBR	12.7x	16.2x	5.84x	3.63x	4.74x	5.41x	4.6x	3.96x
PEG	-	0x	0.3x	0.2x	-13.61x	0.8x	0.8x	0.8x
Capitalization / Revenue	16.3x	10.5x	2.92x	1.79x	3.22x	3.95x	3.15x	2.64x
EV / Revenue	15.5x	10.2x	2.65x	1.44x	2.76x	3.47x	2.69x	2.18x
EV / EBITDA	65.7x	50.8x	17.4x	7.59x	11.3x	14.7x	11.5x	9.31x
EV / EBIT	112x	67.3x	23.6x	10.8x	15.6x	19.2x	14.6x	11.6x
EV / FCF	152x	-1,559x	66.9x	9.77x	15.2x	20.8x	13.9x	12.1x
FCF Yield	0.66%	-0.06%	1.49%	10.2%	6.59%	4.82%	7.19%	8.29%
Dividend per Share ²	0.1333	-	1.4	5.028	4.553	7.435	9.134	10.64
Rate of return	0.07%	-	0.64%	3.08%	1.71%	2.02%	2.48%	2.88%
EPS ²	1.38	3.8	7.155	11.78	11.58	15.26	18.94	22.66
Distribution rate	9.66%	-	19.6%	42.7%	39.3%	48.7%	48.2%	46.9%
Net sales ¹	50,319	130,356	328,594	400,917	362,013	426,729	534,525	637,006
EBITDA ¹	11,827	26,260	49,913	76,247	88,750	100,770	125,174	148,928
EBIT ¹	6,959	19,824	36,822	53,718	64,052	77,005	98,306	119,626
Net income ¹	5,583	15,931	30,729	44,121	50,745	69,196	86,035	103,345
Net Debt ¹	-40,290	-35,426	-91,119	-139,431	-167,773	-204,560	-249,549	-297,988
Reference price ²	195.06	326.67	218.57	163.26	266.00	368.82	368.82	368.82
Nbr of stocks (in thousands)	4,193,053	4,195,532	4,396,526	4,399,041	4,388,983	4,531,867	4,531,867	-
Announcement Date	27/04/21	21/04/22	09/03/23	15/03/24	14/03/25	-	-	-

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.($)
CATL (CONTEMPORARY AMPEREX TECHNOLOGY)	24.17x	3.47x	14.69x	2.02%	243B
LG ENERGY SOLUTION, LTD.	-261.94x	4.66x	20.71x	-.--%	63.34B
SAMSUNG SDI CO., LTD.	-47.97x	3.02x	76x	0.13%	20.34B
EVE ENERGY CO., LTD.	28.31x	2.24x	17.56x	0.87%	19.17B
ECOPRO BM CO., LTD.	660.52x	8.15x	87.1x	-.--%	13.85B
GOTION HIGH-TECH CO.,LTD.	22.37x	2.29x	14.58x	0.48%	9.66B
SUNWODA ELECTRONIC CO.,LTD	23.92x	0.81x	10.92x	1%	6.67B
ENERSYS	21.07x	-	-	0.58%	6.5B
CALB GROUP CO., LTD.	31.88x	2.01x	15.28x	-.--%	6.03B
TIANNENG BATTERY GROUP CO., LTD.	17.36x	-	-	1.73%	4.86B
Average	51.97x	3.33x	32.10x	0.68%	39.38B
Weighted average by Cap.	-3.06x	3.65x	21.65x	1.35%