Company Valuation: CSI Properties Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,827 1,490 939.4 833.5 2,708 2,256 -
Change - -18.49% -36.94% -11.27% 224.86% -16.67% -
Enterprise Value (EV) 1 10,233 9,495 939.4 833.5 8,538 7,464 7,353
Change - -7.22% -90.11% -11.27% 924.39% -12.58% -1.49%
P/E 1.59x 4.44x -2.22x -0.49x -3.2x -10.9x -12.5x
PBR - - - - - - -
PEG - -0.1x 0x -0x 0x 0.1x 1x
Capitalization / Revenue 4.35x 1.85x 0.59x 1.6x 1.89x 4.4x 9.47x
EV / Revenue 24.3x 11.8x 0.59x 1.6x 5.97x 14.5x 30.9x
EV / EBITDA 33.7x 14x 7.96x -4.71x 144x 113x 88.4x
EV / EBIT 38.2x 14.8x 11x - 199x 152x 113x
EV / FCF - - - - - - -
FCF Yield - - - - - - -
Dividend per Share 2 0.0084 0.0084 - - - - -
Rate of return 2.15% 2.64% - - - - -
EPS 2 0.2452 0.0716 -0.0918 -0.3673 -0.0656 -0.016 -0.014
Distribution rate 3.43% 11.7% - - - - -
Net sales 1 420.5 804.3 1,579 520.6 1,430 513.3 238.2
EBITDA 1 303.7 676.3 118 -176.9 59.34 66.3 83.2
EBIT 1 268 641.6 85.27 - 42.99 49 65
Net income 1 1,156 335.7 -425.6 -1,692 -825.3 -206.4 -183.6
Net Debt 1 8,406 8,005 - - 5,830 5,208 5,097
Reference price 2 0.3900 0.3180 0.2040 0.1810 0.2100 0.1750 0.1750
Nbr of stocks (in thousands) 4,685,865 4,684,470 4,604,895 4,604,895 12,893,706 12,893,706 -
Announcement Date 29/06/22 29/06/23 27/06/24 30/06/25 29/06/26 - -
1HKD in Million2HKD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-10.94x14.54x112.59x - 288M
16.63x5.21x14.02x3.04% 47.38B
9.3x1.56x8.16x3.82% 32.18B
18.25x4.03x16.32x1.35% 27.9B
5.48x0.66x1.38x9.12% 26.37B
13.89x3.09x14.78x2.52% 25.36B
11.15x2.12x9.92x3.98% 21.12B
7.95x0.88x3.21x2.81% 20.33B
10.79x1.69x14.65x3.5% 19.68B
13.38x6.55x17.49x1.59% 19.4B
Average 9.59x 4.03x 21.25x 3.53% 24B
Weighted average by Cap. 12.33x 3.05x 11.37x 3.55%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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  4. Valuation CSI Properties Limited