Company Valuation: Maxscend Microelectronics Company Limited

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 109,008 61,009 75,268 47,947 43,587 52,813 - -
Change - -44.03% 23.37% -36.3% -9.09% 21.17% - -
Enterprise Value (EV) 1 106,349 59,736 74,269 49,075 45,257 51,395 52,139 48,738
Change - -43.83% 24.33% -33.92% -7.78% 13.56% 1.45% -6.52%
P/E Ratio 50.8x 57.1x 64.6x 119x -163x 252x 43.7x 71.5x
PBR 14.3x 7.03x 7.64x 4.7x 4.42x 4.41x 4.14x 3.72x
PEG - -1.1x 7.23x -1.8x 1x -1x 0x -1.8x
Capitalization / Revenue 23.5x 16.6x 17.2x 10.7x 11.7x 12.6x 8.22x 8.5x
EV / Revenue 22.9x 16.2x 17x 10.9x 12.1x 12.2x 8.11x 7.84x
EV / EBITDA 46.8x 50x 53.2x 51.6x 104x 63.7x 27.9x 31x
EV / EBIT 47.8x 54.5x 62.4x 135x -128x 255x 47.2x 53.1x
EV / FCF -62.2x -77.7x -641x -28.4x -66.7x 24.7x 44.6x 48x
FCF Yield -1.61% -1.29% -0.16% -3.52% -1.5% 4.05% 2.24% 2.08%
Dividend per Share 2 0.4375 0.17 0.224 0.102 - 0.0278 0.2208 -
Rate of return 0.21% 0.15% 0.16% 0.11% - 0.03% 0.24% -
EPS 2 4.017 2.003 2.182 0.7517 -0.5012 0.364 2.102 1.285
Distribution rate 10.9% 8.49% 10.3% 13.6% - 7.64% 10.5% -
Net sales 1 4,636 3,677 4,378 4,487 3,726 4,207 6,427 6,214
EBITDA 1 2,271 1,195 1,397 951.9 433.7 807.2 1,866 1,574
EBIT 1 2,225 1,096 1,189 364.1 -353.5 201.4 1,104 917
Net income 1 2,139 1,069 1,165 401.8 -268 -42.94 972.1 612.4
Net Debt 1 -2,659 -1,272 -999.2 1,127 1,670 -1,417 -673.2 -4,075
Reference price 2 204.25 114.30 141.00 89.70 81.48 91.85 91.85 91.85
Nbr of stocks (in thousands) 533,697 533,758 533,815 534,529 534,943 574,987 - -
Announcement Date 22/02/22 24/02/23 27/02/24 21/02/25 06/03/26 - - -
1CNY in Million2CNY
Estimates

P/E Ratio, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
252.36x12.22x63.67x0.03% 7.79B
21.88x12.26x18.28x0.37% 4,962B
22.9x10.74x14.68x1.1% 1,843B
42.73x17.53x25.8x0.68% 1,834B
16.84x9.77x11.82x0.05% 1,123B
6.98x3.95x4.85x0.24% 972B
89.95x15.84x59.97x-.--% 796B
-336.11x10.19x30.31x-.--% 588B
280.77x60.48x128.2x-.--% 366B
38.66x13.24x25.46x1.94% 270B
Average 43.69x 16.62x 38.30x 0.44% 1,276B
Weighted average by Cap. 19.11x 13.48x 23.73x 0.46%

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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