Company Valuation: Horizon Robotics

Data adjusted to current consolidation scope
Fiscal Period: December 2024 2025 2026 2027 2028
Market Cap 1 44,655 114,022 50,520 - -
Change - 155.34% -55.69% - -
Enterprise Value (EV) 1 29,657 94,362 32,778 35,026 35,007
Change - 218.18% -65.26% 6.86% -0.05%
P/E 6.63x -9.61x -87,959x -23.3x 632x
PBR 3.81x 7.96x 3.65x 3.86x 3.76x
PEG - 0x 879.6x -0x -6x
Capitalization / Revenue 18.7x 30.3x 9.62x 6.02x 3.89x
EV / Revenue 12.4x 25.1x 6.24x 4.17x 2.69x
EV / EBITDA -17.4x -32.6x -14.1x -26.4x 22.9x
EV / EBIT -13.8x -28.3x -9.93x -19.7x 68.8x
EV / FCF -33.2x -33.6x 31.3x -20.1x 122x
FCF Yield -3.02% -2.98% 3.2% -4.97% 0.82%
Dividend per Share 2 - - - - 0.00548
Rate of return - - - - 0.16%
EPS 2 0.51 -0.81 -0.00004 -0.1508 0.00557
Distribution rate - - - - 98.4%
Net sales 1 2,384 3,758 5,249 8,393 13,000
EBITDA 1 -1,706 -2,897 -2,324 -1,325 1,528
EBIT 1 -2,144 -3,339 -3,301 -1,782 508.9
Net income 1 2,347 -10,469 -164.8 -2,222 264.5
Net Debt 1 -14,999 -19,660 -17,742 -15,495 -15,514
Reference price 2 3.383 7.782 3.518 3.518 3.518
Nbr of stocks (in thousands) 13,200,294 14,651,885 14,571,723 - -
Announcement Date 21/03/25 19/03/26 - - -
1CNY in Million2CNY
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-87959.34x6.39x-14.42x-.--% 7.63B
-17.1x0.13x1.4x0.71% 4.23B
14.09x - - 2.15% 4.24B
12.3x - - 3.44% 4.12B
16.41x1.54x10.4x1.17% 3.78B
14.14x1.01x6.09x2.84% 3.74B
13.99x0.51x5.17x-.--% 2.54B
15.41x0.86x9.56x2.12% 2.11B
9.58x0.18x1.7x4.15% 1.5B
Average -9,764.50x 1.52x 2.84x 1.84% 3.77B
Weighted average by Cap. -19,803.52x 2.44x -0.24x 1.53%

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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