Company Valuation: China Northern Rare Earth (Group) High-Tech Co.,Ltd

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 165,570 90,557 69,915 76,712 166,727 131,082 - -
Change - -45.31% -22.79% 9.72% 117.34% -21.38% - -
Enterprise Value (EV) 1 165,570 92,208 71,555 76,712 166,727 136,804 137,491 137,894
Change - -44.31% -22.4% 7.21% 117.34% -17.95% 0.5% 0.29%
P/E 32.3x 15.1x 29.5x 76.4x 74.1x 26.7x 24.5x 19.5x
PBR 10.8x 4.57x 3.23x 3.42x 6.76x 4.52x 3.94x 3.38x
PEG - 0.9x -0.5x -1.3x 1x 0x 2.8x 0.8x
Capitalization / Revenue 5.44x 2.43x 2.09x 2.33x 3.92x 2.45x 2.17x 1.94x
EV / Revenue 5.44x 2.47x 2.14x 2.33x 3.92x 2.55x 2.28x 2.04x
EV / EBITDA 23x 11.6x 19.4x 29.1x 37.4x 20.7x 17.2x 14x
EV / EBIT 24.7x 12.4x 23x 41.7x 48.8x 18.6x 16.9x 14.2x
EV / FCF 47.2x - - -116x - -176x 224x 126x
FCF Yield 2.12% - - -0.86% - -0.57% 0.45% 0.8%
Dividend per Share 2 0.445 0.17 0.07 0.035 0.13 0.3864 0.3356 0.4133
Rate of return 0.97% 0.68% 0.36% 0.16% 0.28% 1.07% 0.93% 1.14%
EPS 2 1.419 1.655 0.6558 0.2778 0.6227 1.36 1.479 1.859
Distribution rate 31.4% 10.3% 10.7% 12.6% 20.9% 28.4% 22.7% 22.2%
Net sales 1 30,408 37,260 33,497 32,966 42,563 53,553 60,330 67,614
EBITDA 1 7,208 7,937 3,697 2,641 4,458 6,606 7,971 9,836
EBIT 1 6,707 7,452 3,114 1,840 3,417 7,373 8,119 9,702
Net income 1 5,130 5,984 2,371 1,004 2,251 4,794 5,447 6,611
Net Debt 1 - 1,650 1,640 - - 5,722 6,409 6,812
Reference price 2 45.80 25.05 19.34 21.22 46.12 36.26 36.26 36.26
Nbr of stocks (in thousands) 3,615,066 3,615,066 3,615,066 3,615,066 3,615,066 3,615,066 - -
Announcement Date 14/4/22 21/4/23 18/4/24 8/4/25 14/4/26 - - -
1CNY in Million2CNY
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
26.66x2.55x20.71x1.07% 19.64B
8.63x1.94x5.06x8.44% 17.68B
7.24x1x3.54x11.48% 9.41B
27.14x8.03x15.88x0.32% 9B
16.38x5.38x10.2x0.15% 8.8B
-104.22x14.25x52.63x-.--% 6.91B
17.36x - - 0.44% 6.75B
4.45x0.74x2.17x9.4% 6.29B
7.93x1.58x5.06x5.22% 5.63B
Average 1.29x 4.43x 14.41x 4.06% 10B
Weighted average by Cap. 6.68x 3.90x 14.01x 4.15%

Y-o-Y evolution of P/E

Valuation ratios - P/E - China Northern Rare Earth (Group) High-Tech Co.,Ltd

Historical PBR trend

Valuation ratios - PBR - China Northern Rare Earth (Group) High-Tech Co.,Ltd

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - China Northern Rare Earth (Group) High-Tech Co.,Ltd

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - China Northern Rare Earth (Group) High-Tech Co.,Ltd


Year-on-year evolution of the Yield

Valuation ratios - Yield - China Northern Rare Earth (Group) High-Tech Co.,Ltd
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