Company Valuation: Guizhou Aviation Technical Development Co., Ltd

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 9,544 10,877 7,051 5,484 12,834 9,863 - -
Change - 13.97% -35.17% -22.22% 134% -23.15% - -
Enterprise Value (EV) 9,544 10,877 7,051 5,484 12,834 9,863 9,863 9,863
Change - 13.97% -35.17% -22.22% 134% -23.15% 0% 0%
P/E 60.3x 59.3x 36.7x 28.7x 69.1x 33.7x 24.7x 18.9x
PBR 9.17x 8.89x 4.17x 2.98x 6.44x 4.38x 3.78x 3.2x
PEG - 3.7x -48.09x - -34.55x 0.6x 0.7x 0.6x
Capitalization / Revenue 9.94x 7.48x 3.35x 3.04x 6.31x 3.75x 2.96x 2.61x
EV / Revenue 0x 0x 0x 0x 0x 3.75x 2.96x 2.61x
EV / EBITDA 0x 0x 0x 0x 0x 17.7x 13.2x -
EV / EBIT 0x 0x 0x 0x 0x 26.9x 19.6x 16.7x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 - - 0.1615 0.1692 - 0.2184 0.3321 -
Rate of return - - 0.44% 0.59% - 0.42% 0.64% -
EPS 2 0.8692 1.008 1 1 0.98 1.536 2.096 2.75
Distribution rate - - 16.2% 16.9% - 14.2% 15.8% -
Net sales 1 959.8 1,454 2,104 1,805 2,034 2,633 3,330 3,772
EBITDA 1 178.4 297.1 278.1 285.4 291.4 558.5 745.1 -
EBIT 1 156.5 206.5 218.7 212.3 209.6 366.4 504.3 591
Net income 1 138.9 183.4 185.5 188.6 185.9 290.3 412.6 525
Net Debt - - - - - - - -
Reference price 2 52.44 59.76 36.75 28.69 67.67 51.85 51.85 51.85
Nbr of stocks (in thousands) 182,000 182,000 191,894 191,147 189,650 190,226 - -
Announcement Date 15/03/22 27/02/23 08/02/24 26/02/25 27/02/26 - - -
1CNY in Million2CNY
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
33.75x - - - 1.47B
35.72x6.56x27.49x0.58% 321B
30.62x2.87x17.02x1.55% 249B
25.47x1.69x12.58x1.81% 169B
34.84x5.07x21.3x0.98% 162B
33.06x3.63x16.44x1.25% 154B
-713.16x1.79x40.52x-.--% 153B
16.58x1.61x11.61x2.77% 117B
42x9.46x29.35x0.22% 92.23B
19.42x1.65x13.5x1.91% 89.17B
Average -44.17x 3.81x 21.09x 1.23% 150.74B
Weighted average by Cap. -44.70x 3.96x 21.67x 1.16%

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

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