Company Valuation: Sinotrans Limited

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 28,219 27,915 24,599 33,333 34,933 40,054 40,054 -
Change - -1.08% -11.88% 35.5% 4.8% 14.66% 0% -
Enterprise Value (EV) 1 29,860 26,763 21,445 29,545 26,344 35,729 34,075 31,871
Change - -10.37% -19.87% 37.77% -10.83% 35.62% -4.63% -6.47%
P/E ratio 6.42x 4.07x - 5.1x 5.91x 6.96x 9.3x 8.59x
PBR 0.58x 0.46x - 0.57x 0.64x 0.78x 0.75x 0.72x
PEG - 0.1x - - 24.58x 0.7x -0.4x 1.04x
Capitalization / Revenue 0.33x 0.22x 0.23x 0.33x 0.33x 0.39x 0.38x 0.36x
EV / Revenue 0.35x 0.22x 0.2x 0.29x 0.25x 0.35x 0.32x 0.29x
EV / EBITDA 5.46x 3.8x 2.85x 4.16x 3.51x 5.38x 5.93x 5.3x
EV / EBIT 8.84x 5.5x 4.12x 5.4x 5.33x 12.7x 10.2x 8.95x
EV / FCF 13.1x 9.09x - - - 15.3x 11.4x 9.68x
FCF Yield 7.63% 11% - - - 6.54% 8.76% 10.3%
Dividend per Share 2 0.12 0.18 - 0.29 0.29 0.296 0.265 0.2808
Rate of return 5.05% 8.84% - 9.77% 8.41% 6.63% 5.93% 6.29%
EPS 2 0.37 0.5 - 0.5822 0.5836 0.6415 0.4806 0.5203
Distribution rate 32.4% 36% - 49.8% 49.7% 46.1% 55.2% 54%
Net sales 1 84,537 124,346 108,817 101,705 105,621 101,947 105,816 111,682
EBITDA 1 5,464 7,041 7,514 7,096 7,502 6,637 5,742 6,018
EBIT 1 3,379 4,867 5,204 5,473 4,940 2,820 3,355 3,562
Net income 1 2,754 3,713 4,068 4,222 3,918 4,536 3,562 3,954
Net Debt 1 1,641 -1,152 -3,154 -3,788 -8,589 -4,325 -5,979 -8,184
Reference price 2 2.375 2.037 2.247 2.968 3.449 4.467 4.467 4.467
Nbr of stocks (in thousands) 7,400,804 7,400,804 7,256,523 7,244,937 7,252,889 7,173,751 7,173,751 -
Announcement Date 30/03/21 29/03/22 27/03/23 22/03/24 25/03/25 - - -
1CNY in Million2CNY
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
7.06x0.35x5.37x6.54% 5.82B
13.96x1.16x8.42x6.72% 83.12B
21.17x1.06x9.37x1.63% 83.03B
14.37x0.9x6.74x4.24% 59.06B
23.48x1.61x16.4x1.13% 18.99B
35.87x0.95x11.68x-.--% 11.18B
31.12x2.75x9.67x-.--% 8.68B
25.99x0.54x7.98x-.--% 6.02B
15.12x0.69x8.11x3.57% 5.56B
7.31x - - - 4.24B
Average 19.55x 1.11x 9.30x 2.65% 28.57B
Weighted average by Cap. 18.19x 1.11x 8.97x 3.64%

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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  4. Valuation Sinotrans Limited
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