Company Valuation: MH Robot & Automation Co., Ltd.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025
Market Cap 1 4,687 2,655 3,500 3,911 4,353
Change - -43.36% 31.84% 11.73% 11.31%
Enterprise Value (EV) 1 3,717 1,828 2,710 3,035 3,358
Change - -50.81% 48.21% 11.99% 10.65%
P/E 48.7x 124x 124x 45.4x 40.2x
PBR 2.7x 1.52x 1.99x 2.13x 2.26x
PEG -1.8x -1.6x 3.9x 0x 1.6x
Capitalization / Revenue 5.78x 3.78x 3.59x 3.58x 3.75x
EV / Revenue 4.58x 2.6x 2.78x 2.78x 2.89x
EV / EBITDA 54.3x -195x 97.2x 33.8x 26.9x
EV / EBIT 66.7x -86.3x 200x 40.9x 31x
EV / FCF -67.3x -11.9x -82.6x 52.6x 35.4x
FCF Yield -1.49% -8.4% -1.21% 1.9% 2.83%
Dividend per Share 2 0.0571 0.05 0.05 0.0714 0.17
Rate of return 0.23% 0.35% 0.27% 0.34% 0.73%
EPS 2 0.5155 0.1151 0.1514 0.4614 0.5808
Distribution rate 11.1% 43.4% 33% 15.5% 29.3%
Net sales 1 811.1 702.4 974.9 1,091 1,161
EBITDA 1 68.4 -9.353 27.89 89.88 124.9
EBIT 1 55.73 -21.19 13.52 74.19 108.5
Net income 1 72.17 21.5 28.27 86.13 108.4
Net Debt 1 -969.8 -826.4 -790.2 -876 -995.3
Reference price 2 25.11 14.22 18.75 20.95 23.32
Nbr of stocks (in thousands) 186,676 186,676 186,676 186,676 186,676
Announcement Date 25/04/22 24/04/23 22/04/24 28/04/25 28/04/26
1CNY in Million2CNY
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 503M
30.87x5.3x19.33x0.85% 122B
26.05x4.77x16.7x2.31% 34.55B
20.94x1.79x12.89x2.24% 30.44B
29.76x3.98x15.02x0.11% 29.26B
19.94x3.34x10.66x1.6% 27.08B
21.1x3.06x13.21x1.11% 25.73B
23.51x2.87x12.39x1.6% 25.19B
93.78x35.34x77.07x0.4% 24.38B
25.85x3.25x15.88x1.75% 24.03B
Average 32.42x 7.08x 21.46x 1.33% 34.27B
Weighted average by Cap. 31.39x 6.32x 20.34x 1.22%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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