Company Valuation: VNET Group, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 8,356 5,789 5,238 9,236 15,919 13,870 - -
Change - -30.73% -9.52% 76.35% 72.35% -12.87% - -
Enterprise Value (EV) 1 15,214 13,058 14,483 19,418 29,966 36,627 43,291 48,914
Change - -14.17% 10.91% 34.08% 54.32% 22.23% 18.19% 12.99%
P/E 16.8x -7.49x -1.16x 288x -61.6x -12.4x 64.8x 41.6x
PBR 1.17x 0.88x 0.87x 1.44x 2.56x 2.03x 1.99x 1.96x
PEG - 0x -0x -3x 0x -0x -1x 0.7x
Capitalization / Revenue 1.35x 0.82x 0.71x 1.12x 1.6x 1.19x 0.98x 0.82x
EV / Revenue 2.46x 1.85x 1.95x 2.35x 3.01x 3.13x 3.05x 2.89x
EV / EBITDA 8.68x 6.97x 7.1x 7.99x 10.1x 9.84x 9.21x 8.38x
EV / EBIT 714x 108x -7.35x 29x 38.4x 34.4x 28.8x 23.7x
EV / FCF -11.7x -23.5x -16x -21.1x -5.22x -4.72x -6.5x -9.74x
FCF Yield -8.57% -4.25% -6.24% -4.74% -19.1% -21.2% -15.4% -10.3%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 3.42 -5.22 -17.58 0.12 -0.96 -3.924 0.7519 1.171
Distribution rate - - - - - - - -
Net sales 1 6,190 7,065 7,413 8,259 9,949 11,702 14,192 16,898
EBITDA 1 1,754 1,873 2,039 2,430 2,978 3,723 4,701 5,834
EBIT 1 21.31 121.2 -1,971 669.4 780.3 1,064 1,502 2,063
Net income 1 500.1 -776 -2,644 183.2 -251.8 -1,311 164.5 366.3
Net Debt 1 6,857 7,270 9,245 10,182 14,047 22,757 29,421 35,044
Reference price 2 57.36 39.11 20.35 34.60 59.17 48.74 48.74 48.74
Nbr of stocks (in thousands) 145,672 148,024 257,364 266,966 269,026 284,692 - -
Announcement Date 30/03/22 21/03/23 27/03/24 12/03/25 16/03/26 - - -
1CNY in Million2CNY
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
-12.31x3.12x9.81x-.--% 2.04B
22.46x3.65x12.73x2.99% 213B
-107.81x17.13x98.92x-.--% 107B
12.27x1.36x7.11x3.92% 101B
16.03x2.94x11.09x5.13% 93.9B
20.79x5.42x13.31x2.76% 62.12B
15.45x2.26x9.59x5.05% 50.13B
21.12x1.56x9.86x0.9% 40.04B
18.76x2.41x11.56x4.64% 39.09B
19.75x1.61x9.85x1.48% 38.73B
Average 2.65x 4.15x 19.38x 2.69% 74.73B
Weighted average by Cap. 0.58x 4.94x 23.52x 2.96%

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

  1. Stock Market
  2. Stocks
  3. VNET Stock
  4. Valuation VNET Group, Inc.