Company Valuation: CASTECH Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 5,887 8,093 6,763 12,624 15,236 26,494
Change - 37.47% -16.43% 86.66% 20.69% 73.89%
Enterprise Value (EV) 1 5,634 7,812 6,366 12,299 15,021 26,401
Change - 38.67% -18.5% 93.19% 22.13% 75.76%
P/E 41x 42.3x 29.9x 60.4x 69.6x 95.1x
PBR 5.5x 6.63x 4.89x 8.73x 9.66x 15x
PEG - 1.3x 1.6x -7.88x 14.95x 3.5x
Capitalization / Revenue 10.8x 11.8x 8.8x 16.2x 17.4x 22.9x
EV / Revenue 10.3x 11.3x 8.29x 15.7x 17.2x 22.8x
EV / EBITDA 29x 32x 23.1x 48.2x 49.1x 66x
EV / EBIT 37.7x 39.5x 27.5x 60.3x 62.4x 81.4x
EV / FCF 86.4x 1,179x 69x -131x -151x -251x
FCF Yield 1.16% 0.08% 1.45% -0.76% -0.66% -0.4%
Dividend per Share 2 0.0909 0.1364 0.2273 0.2273 0.2 0.2
Rate of return 0.73% 0.79% 1.58% 0.85% 0.62% 0.35%
EPS 2 0.3055 0.4069 0.4815 0.4446 0.4653 0.5924
Distribution rate 29.8% 33.5% 47.2% 51.1% 43% 33.8%
Net sales 1 546.5 688.7 768.4 781.6 875.7 1,158
EBITDA 1 194.1 244.2 275.9 255.4 305.9 399.7
EBIT 1 149.5 197.8 231.4 204 240.6 324.3
Net income 1 143.7 191.4 226.4 209.1 218.8 278.6
Net Debt 1 -253 -280.5 -396.6 -325 -215.2 -92.85
Reference price 2 12.52 17.21 14.38 26.85 32.40 56.34
Nbr of stocks (in thousands) 470,250 470,250 470,250 470,250 470,250 470,250
Announcement Date 23/4/21 22/4/22 21/4/23 19/4/24 28/4/25 28/4/26
1CNY in Million2CNY
Estimates


P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 4.99B
32.51x6.06x18.49x0.69% 204B
13.58x0.31x6.84x3.7% 112B
29.62x10.67x21.67x0.43% 94.68B
38.69x6.28x20.51x0.9% 89.79B
71.31x7.61x35.37x0.19% 80.68B
19.57x1.15x12.99x0.65% 66.23B
41.93x5.88x22.15x0.01% 60.78B
19.45x3.31x12.66x1.36% 61.81B
65.66x30.12x68.31x0.39% 44.91B
Average 36.92x 7.93x 24.33x 0.93% 82.02B
Weighted average by Cap. 34.58x 6.69x 21.28x 1.03%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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