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 55,992 - -
Change - 155.34% -50.89% - -
Enterprise Value (EV) 1 29,657 94,362 40,373 42,282 41,661
Change - 218.18% -57.21% 4.73% -1.47%
P/E 6.63x -9.61x -17.3x -40.5x 40.6x
PBR 3.81x 7.96x 5.36x 5.26x 4.65x
PEG - 0x 0.2x 0.7x -0x
Capitalization / Revenue 18.7x 30.3x 9.31x 5.81x 3.79x
EV / Revenue 12.4x 25.1x 6.71x 4.39x 2.82x
EV / EBITDA -17.4x -32.6x -16.5x -49.2x 16x
EV / EBIT -13.8x -28.3x -13.4x -31.6x 40.3x
EV / FCF -33.2x -33.6x -19x -35x 35.3x
FCF Yield -3.02% -2.98% -5.27% -2.86% 2.83%
Dividend per Share 2 - - - - 0.0065
Rate of return - - - - 0.17%
EPS 2 0.51 -0.81 -0.2228 -0.095 0.0946
Distribution rate - - - - 6.87%
Net sales 1 2,384 3,758 6,014 9,640 14,776
EBITDA 1 -1,706 -2,897 -2,452 -858.8 2,604
EBIT 1 -2,144 -3,339 -3,006 -1,339 1,033
Net income 1 2,347 -10,469 -3,094 -1,275 1,323
Net Debt 1 -14,999 -19,660 -15,619 -13,710 -14,331
Reference price 2 3.383 7.782 3.843 3.843 3.843
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.($)
15.19x - - 2% 4.36B
13.82x0.1x1.1x0.97% 4B
12.57x0.36x4.47x3.37% 3.99B
14.4x1.02x6.17x2.78% 3.63B
12.58x1.21x8.41x1.43% 3.04B
14.74x0.53x5.26x-.--% 2.35B
12.69x0.75x8.36x2.66% 1.8B
18.28x - - 2.98% 1.19B
16.17x1.21x6.49x2.21% 1.13B
Average 14.49x 0.74x 5.75x 2.04% 2.83B
Weighted average by Cap. 14.11x 0.66x 5.26x 2.01%

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