Company Valuation: PanAsialum Holdings Company Limited

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 336 306 230.4 140.4 117.6 158.4
Change - -8.93% -24.71% -39.06% -16.24% 34.69%
Enterprise Value (EV) 1 2,160 751.5 556.7 127.6 23.87 159.2
Change - -65.21% -25.92% -77.08% -81.3% 567.22%
P/E 0.36x -0.9x -2.2x 4.98x 4.19x -2.68x
PBR 0.27x 0.33x 0.32x 0.19x 0.16x 0.23x
PEG - 0x 0x -0x -14.47x 0x
Capitalization / Revenue 0.18x 0.16x 0.14x 0.14x 0.13x 0.44x
EV / Revenue 1.19x 0.41x 0.35x 0.12x 0.03x 0.44x
EV / EBITDA -17.7x -3.29x -19.4x 5.72x 0.46x -2.34x
EV / EBIT -9.24x -2.3x -4.94x -3.1x -3.64x -1.29x
EV / FCF -1.49x 0.66x 13.5x 1.04x 0.08x -1.28x
FCF Yield -67% 151% 7.4% 96.6% 1,206% -78.3%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 0.7677 -0.2841 -0.0872 0.0235 0.0234 -0.0493
Distribution rate - - - - - -
Net sales 1 1,818 1,855 1,611 1,037 917.2 359.8
EBITDA 1 -122 -228.8 -28.76 22.32 51.85 -67.92
EBIT 1 -233.8 -326.6 -112.6 -41.14 -6.555 -123.7
Net income 1 920.8 -340.7 -104.6 28.16 28.08 -59.12
Net Debt 1 1,824 445.5 326.3 -12.8 -93.73 0.838
Reference price 2 0.2800 0.2550 0.1920 0.1170 0.0980 0.1320
Nbr of stocks (in thousands) 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000
Announcement Date 28/04/21 22/04/22 20/04/23 18/04/24 16/04/25 16/04/26
1HKD in Million2HKD
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 17.14M
5.87x0.95x3.61x - 27.37B
4.69x0.86x2.61x13.87% 23.82B
4.94x0.57x2.36x7.17% 20.68B
7.58x0.8x5.8x0.68% 20.12B
7.52x0.65x3.99x6.55% 14.21B
20.55x3.27x12.88x1.57% 13.57B
6.63x1.09x3.96x5.23% 13.08B
8.4x - - 5.95% 13.07B
Average 8.27x 1.17x 5.03x 5.86% 16.22B
Weighted average by Cap. 7.60x 1.07x 4.59x 6.35%

Y-o-Y evolution of P/E

Valuation ratios - P/E - PanAsialum Holdings Company Limited

Historical PBR trend

Valuation ratios - PBR - PanAsialum Holdings Company Limited

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - PanAsialum Holdings Company Limited

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - PanAsialum Holdings Company Limited

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