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 51,108 - -
Change - 155.34% -55.18% - -
Enterprise Value (EV) 1 29,657 94,362 33,366 35,614 35,595
Change - 218.18% -64.64% 6.74% -0.05%
P/E 6.63x -9.61x 140x -20.8x 2,800x
PBR 3.81x 7.96x 3.33x 3.46x 3.39x
PEG - 0x -1x 0x -28x
Capitalization / Revenue 18.7x 30.3x 9.72x 6.12x 3.96x
EV / Revenue 12.4x 25.1x 6.35x 4.27x 2.76x
EV / EBITDA -17.4x -32.6x -14.4x -26.9x 23.3x
EV / EBIT -13.8x -28.3x -10.1x -19.2x 77.6x
EV / FCF -33.2x -33.6x 33.2x -20.5x 124x
FCF Yield -3.02% -2.98% 3.01% -4.89% 0.81%
Dividend per Share 2 - - - - 0.0056
Rate of return - - - - 0.17%
EPS 2 0.51 -0.81 0.023 -0.155 0.00115
Distribution rate - - - - 487%
Net sales 1 2,384 3,758 5,256 8,347 12,916
EBITDA 1 -1,706 -2,897 -2,324 -1,325 1,528
EBIT 1 -2,144 -3,339 -3,301 -1,853 458.5
Net income 1 2,347 -10,469 118.8 -2,287 194.8
Net Debt 1 -14,999 -19,660 -17,742 -15,495 -15,514
Reference price 2 3.383 7.782 3.220 3.220 3.220
Nbr of stocks (in thousands) 13,200,294 14,651,885 15,873,487 - -
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.($)
16.03x1.76x9.74x1.87% 61.69B
12.14x0.57x5.08x3.93% 29.46B
11.02x0.45x3.19x5.57% 24.1B
8.13x0.45x5.76x1.99% 22.63B
16.59x2.88x10.18x3.67% 21B
29.47x1.17x12.45x0.64% 17.77B
20.57x0.86x10.48x3.46% 16.93B
10.12x0.47x4.68x3.19% 16.03B
Average 15.51x 1.07x 7.69x 3.04% 26.2B
Weighted average by Cap. 15.16x 1.19x 7.85x 2.9%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Horizon Robotics

Historical PBR trend

Valuation ratios - PBR - Horizon Robotics

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Horizon Robotics

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Horizon Robotics


Year-on-year evolution of the Yield

Valuation ratios - Yield - Horizon Robotics