Company Valuation: Minth Group Limited

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 32,501 21,736 16,644 16,364 33,371 27,911 - -
Change - -33.12% -23.43% -1.68% 103.93% -16.36% - -
Enterprise Value (EV) 1 34,152 25,714 22,167 22,343 38,573 32,373 30,925 30,747
Change - -24.71% -13.79% 0.79% 72.64% -16.07% -4.47% -0.57%
P/E 21.7x 14.3x 8.66x 7.04x 12.3x 8.91x 7.53x 6.51x
PBR 2.02x 1.27x 0.91x 0.8x 1.39x 1.07x 0.97x 0.88x
PEG - 15.4x 0.3x 0.3x 0.8x 0.6x 0.4x 0.4x
Capitalization / Revenue 2.33x 1.26x 0.81x 0.71x 1.3x 0.93x 0.8x 0.69x
EV / Revenue 2.45x 1.49x 1.08x 0.97x 1.5x 1.08x 0.88x 0.76x
EV / EBITDA 11.3x 9.88x 6.51x 5.42x 7.97x 5.86x 4.88x 4.43x
EV / EBIT 16.3x 17.7x 11.2x 8.72x 12.4x 8.48x 6.83x 5.97x
EV / FCF -18.6x -16.5x 170x 16.4x 14.3x 13.5x 11.5x 8.73x
FCF Yield -5.38% -6.06% 0.59% 6.1% 7.01% 7.43% 8.71% 11.5%
Dividend per Share 2 0.5124 0.5067 - 0.4059 0.6659 0.9329 1.155 1.257
Rate of return 1.83% 2.71% - 2.86% 2.34% 3.92% 4.85% 5.27%
EPS 2 1.292 1.304 1.654 2.019 2.324 2.673 3.166 3.658
Distribution rate 39.7% 38.9% - 20.1% 28.7% 34.9% 36.5% 34.4%
Net sales 1 13,919 17,306 20,524 23,147 25,737 30,017 34,996 40,303
EBITDA 1 3,012 2,604 3,408 4,121 4,842 5,524 6,340 6,934
EBIT 1 2,089 1,451 1,984 2,563 3,118 3,819 4,530 5,151
Net income 1 1,497 1,501 1,903 2,319 2,692 3,103 3,683 4,263
Net Debt 1 1,652 3,978 5,523 5,978 5,201 4,462 3,014 2,837
Reference price 2 27.98 18.71 14.32 14.21 28.50 23.83 23.83 23.83
Nbr of stocks (in thousands) 1,161,400 1,161,836 1,161,994 1,151,750 1,170,747 1,171,413 - -
Announcement Date 22/03/22 21/03/23 26/03/24 24/03/25 23/03/26 - - -
1CNY in Million2CNY
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
8.91x1.08x5.86x3.92% 4.13B
11.74x0.66x3.99x3.39% 2.69B
62.48x - - 0.34% 2.34B
8.65x0.31x3.2x4.05% 2.1B
5.22x0.84x4.68x8.38% 1.26B
13.34x0.77x5.95x3.85% 1.11B
Average 18.39x 0.73x 4.74x 3.99% 2.27B
Weighted average by Cap. 18.63x 0.78x 4.80x 3.63%

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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