Company Valuation: Shandong Molong Petroleum Machinery Company Limited

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 1,956 4,191 2,909 3,006 1,797 4,251
Change - 114.27% -30.58% 3.32% -40.21% 136.52%
Enterprise Value (EV) 1 3,513 5,814 4,562 4,624 3,167 5,419
Change - 65.48% -21.53% 1.35% -31.52% 71.14%
P/E 17.5x -9.32x -4.59x -3x -22.7x 285x
PBR 0.31x 2.42x 1.96x 4.01x 1.84x 4.56x
PEG - 0x -0.3x -0.1x 0.2x -2x
Capitalization / Revenue 0.65x 1.12x 1.05x 2.28x 1.33x 2.41x
EV / Revenue 1.17x 1.56x 1.65x 3.51x 2.33x 3.08x
EV / EBITDA 42.2x 62.9x -86.9x 2,151x 237x 40.3x
EV / EBIT -20.6x -37.8x -16.9x -22.3x -24.8x 75.1x
EV / FCF 123x 62.3x 52.3x 24.8x -2.44x 24.8x
FCF Yield 0.81% 1.6% 1.91% 4.03% -40.9% 4.03%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 0.04 -0.46 -0.53 -0.71 -0.05 0.01
Distribution rate - - - - - -
Net sales 1 3,010 3,734 2,766 1,317 1,356 1,762
EBITDA 1 83.3 92.51 -52.51 2.149 13.36 134.4
EBIT 1 -170.3 -153.8 -270.5 -207.7 -127.8 72.11
Net income 1 32.18 -368 -425 -566.9 -43.7 5.156
Net Debt 1 1,558 1,623 1,653 1,618 1,369 1,169
Reference price 2 0.699 4.285 2.433 2.133 1.137 2.849
Nbr of stocks (in thousands) 797,848 797,848 797,848 797,848 797,848 797,848
Announcement Date 26/03/21 30/03/22 31/03/23 28/03/24 28/03/25 31/03/26
1CNY in Million2CNY
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
15.04x2.04x8.81x3.18% 28.31B
35.59x6.11x23.86x0.78% 19.65B
27.21x1x13.27x - 1.09B
16.09x1.21x7.11x3.17% 563M
19.23x - - 1.41% 500M
Average 22.63x 2.59x 13.26x 2.14% 10.02B
Weighted average by Cap. 23.41x 3.62x 14.85x 2.2%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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  5. Valuation Shandong Molong Petroleum Machinery Company Limited