Company Valuation: Rex International Holding Limited

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 143.9 294.6 208.8 180.6 115.5 139.7
Change - 104.81% -29.12% -13.53% -36.05% 21.01%
Enterprise Value (EV) 1 116.3 263.7 162.8 172.5 129 493.4
Change - 126.78% -38.26% 5.95% -25.19% 282.35%
P/E -10.1x 4.39x -200x -2.82x -2.81x -1.05x
PBR 1.13x 1.58x 1.18x 1.71x 1.85x -1.74x
PEG - -0x 2x -0x 0.1x -0x
Capitalization / Revenue 3.08x 1.86x 1.23x 0.87x 0.39x 0.44x
EV / Revenue 2.49x 1.66x 0.96x 0.83x 0.43x 1.54x
EV / EBITDA 36.1x 2.8x 2.48x 1.73x 0.83x 5.48x
EV / EBIT -5.92x 4.89x 13.9x -18.3x 8.84x -4.02x
EV / FCF -4.28x 4,626x 2.96x -18.2x 6.71x -5.89x
FCF Yield -23.3% 0.02% 33.7% -5.51% 14.9% -17%
Dividend per Share 2 - 0.003709 0.003729 - - -
Rate of return - 1.64% 2.33% - - -
EPS 2 -0.0109 0.0516 -0.0008 -0.0491 -0.0315 -0.1023
Distribution rate - 7.19% -466% - - -
Net sales 1 46.66 158.5 170.3 207 298.9 319.7
EBITDA 1 3.217 94.08 65.51 99.67 156.3 90.04
EBIT 1 -19.63 53.95 11.73 -9.433 14.6 -122.7
Net income 1 -14.22 67.16 -1 -63.91 -41.04 -133.3
Net Debt 1 -27.58 -30.93 -46.02 -8.082 13.57 353.6
Reference price 2 0.1105 0.2262 0.1603 0.1386 0.0887 0.1073
Nbr of stocks (in thousands) 1,302,321 1,302,321 1,302,321 1,302,321 1,302,321 1,302,321
Announcement Date 24/03/21 30/03/22 29/03/23 26/03/24 26/03/25 01/04/26
1USD in Million2USD
Estimates

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 69.47M
12.56x2.4x5.49x2.55% 160B
12.71x3.35x6.38x3.54% 105B
8.94x2.72x4.76x2.75% 78.79B
7.7x2.53x4.01x1.73% 60.09B
9.9x1.43x4.71x1.95% 59.43B
12.4x3.71x5.26x2.12% 57.57B
9.78x2.58x5.02x2.35% 55.46B
13.21x3.5x5.29x5.46% 45.53B
6.38x1.61x3.98x5.18% 36.25B
Average 10.40x 2.65x 4.99x 3.07% 65.81B
Weighted average by Cap. 10.92x 2.68x 5.18x 2.89%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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  4. Valuation Rex International Holding Limited