Valuation RLX Technology Inc.

Equities

Market Closed - Nyse Other stock markets 21:00:02 06/02/2026 GMT			5-day change	1st Jan Change
2.410 ^USD	+1.69%		+4.33%	+3.43%

12-31	Tranche Update on RLX Technology Inc.'s Equity Buyback Plan announced on December 8, 2021.	CI
12-31	RLX Technology Extends Share Buyback Plan Through 2027	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	33,344	24,555	18,622	20,048	20,376	20,376	-
Change	-	-26.36%	-24.16%	7.66%	1.63%	0%	-
Enterprise Value (EV) ¹	33,344	24,555	11,876	13,515	4,896	6,866	8,935
Change	-	-26.36%	-51.64%	13.81%	-63.78%	40.26%	30.12%
P/E ratio	17.3x	14.6x	35.5x	36.8x	20.7x	19.4x	19.9x
PBR	2.57x	-	1.22x	1.27x	1.27x	1.32x	1.61x
PEG	-0x	-0.6x	-0.6x	5.06x	0.2x	2.91x	-8.59x
Capitalization / Revenue	3.91x	4.6x	11.7x	7.29x	5.22x	3.99x	3.38x
EV / Revenue	3.91x	4.6x	7.49x	4.92x	1.25x	1.34x	1.48x
EV / EBITDA	12.7x	17.6x	-319x	40x	8.99x	9.26x	9.66x
EV / EBIT	13.2x	20x	-88.7x	51.5x	10.3x	10.4x	10.6x
EV / FCF	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-
Dividend per Share ²	-	-	0.0724	0.073	0.0859	1.171	2.052
Rate of return	-	-	0.51%	0.46%	0.51%	7%	12.3%
EPS ²	1.436	1.085	0.399	0.428	0.8073	0.8611	0.8412
Distribution rate	-	-	18.1%	17.1%	10.6%	136%	244%
Net sales ¹	8,521	5,333	1,586	2,749	3,902	5,108	6,035
EBITDA ¹	2,636	1,394	-37.24	338.3	544.4	741.9	924.6
EBIT ¹	2,522	1,230	-133.8	262.5	476.6	663.3	846.2
Net income ¹	2,025	1,441	534.3	551.8	796.2	858.1	1,193
Net Debt ¹	-	-	-6,746	-6,533	-15,480	-13,509	-11,441
Reference price ²	24.78	15.86	14.18	15.77	16.72	16.72	16.72
Nbr of stocks (in thousands)	1,345,855	1,547,892	1,313,070	1,271,602	1,218,444	1,218,444	-
Announcement Date	11/03/22	10/03/23	15/03/24	14/03/25	-	-	-

¹CNY in Million²CNY

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
RLX TECHNOLOGY INC.	20.71x	1.25x	8.99x	0.51%	2.94B
ALTRIA GROUP, INC.	13.43x	6.55x	10.46x	6.38%	110B
JAPAN TOBACCO INC.	19.02x	3.29x	11.01x	3.84%	68.29B
ITC LIMITED	19.96x	5.02x	14.92x	4.43%	45.06B
KT&G CORPORATION	17.8x	2.56x	10.23x	3.69%	11.58B
PT HANJAYA MANDALA SAMPOERNA TBK	15.64x	0.84x	10.05x	6.47%	6.03B
EASTERN COMPANY S.A.E	11.01x	2.35x	7.95x	7.26%	2.64B
PT GUDANG GARAM TBK	31.72x	0.37x	6.29x	2.89%	1.88B
SCANDINAVIAN TOBACCO GROUP A/S	10.72x	1.39x	7.1x	7.29%	1.27B
Average	17.78x	2.62x	9.67x	4.75%	27.72B
Weighted average by Cap.	16.58x	4.88x	11.30x	5.13%