Company Valuation: Li Auto Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 160,098 207,217 137,291 266,000 174,668 117,323 117,323 -
Change - 29.43% -33.75% 93.75% -34.34% -32.83% 0% -
Enterprise Value (EV) 1 132,337 185,360 108,435 171,459 70,288 50,549 33,356 15,079
Change - 40.07% -41.5% 58.12% -59.01% -28.08% -34.01% -54.79%
P/E ratio -103x -583x -68x 23.9x 23.1x 97.3x 12.3x 9.85x
PBR 5.49x 4.78x 3.04x 4.37x 2.63x 1.62x 1.4x 1.2x
PEG - 7.2x -0x -0x -0.7x -1.2x 0x 0.4x
Capitalization / Revenue 16.9x 7.67x 3.03x 2.15x 1.21x 1.04x 0.73x 0.61x
EV / Revenue 14x 6.86x 2.39x 1.38x 0.49x 0.45x 0.21x 0.08x
EV / EBITDA -380x -434x -44.4x 18.6x 6.98x 14.7x 3.24x 0.97x
EV / EBIT -198x -182x -29.7x 23.1x 10x -89.9x 4.14x 1.25x
EV / FCF 53.7x 37.9x 48.1x 3.88x 8.57x -2.48x 1.37x 0.49x
FCF Yield 1.86% 2.64% 2.08% 25.8% 11.7% -40.3% 73.2% 205%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -1.82 -0.35 -2.07 11.1 7.58 1.195 9.438 11.8
Distribution rate - - - - - - - -
Net sales 1 9,457 27,010 45,287 123,851 144,460 112,884 161,713 192,247
EBITDA 1 -348.3 -426.9 -2,441 9,212 10,077 3,430 10,306 15,556
EBIT 1 -669.3 -1,017 -3,655 7,407 7,019 -562.5 8,063 12,025
Net income 1 -792 -321.5 -2,012 11,704 8,032 1,338 9,342 12,741
Net Debt 1 -27,761 -21,856 -28,856 -94,540 -104,380 -66,774 -83,968 -102,244
Reference price 2 188.22 203.92 140.70 265.41 175.11 116.24 116.24 116.24
Nbr of stocks (in thousands) 850,594 1,016,174 975,752 1,002,213 997,503 1,009,319 1,009,319 -
Announcement Date 25/02/21 25/02/22 27/02/23 26/02/24 14/03/25 - - -
1CNY in Million2CNY
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
97.25x0.45x14.74x-.--% 16.82B
348.15x15.3x109.69x-.--% 1,480B
20.96x0.85x6.87x1.39% 120B
22.03x1x11.55x1.71% 32.64B
-5.89x4.17x-10.4x-.--% 23.56B
-97.21x1.46x-1685.07x-.--% 19.11B
-4.33x0.98x-8.5x-.--% 11.73B
82.28x0.72x35.93x-.--% 8.77B
-2.44x5.45x-9.11x - 8.02B
606.5x - - - 7.86B
Average 106.73x 3.37x -170.48x 0.39% 172.86B
Weighted average by Cap. 302.88x 13.35x 76.41x 0.13%
See all sector valuations

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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