Company Valuation: Halo Microelectronics Co., Ltd.

Data adjusted to current consolidation scope
Fiscal Period: December 2022 2023 2024 2025
Market Cap 1 9,213 7,197 4,537 6,029
Change - -21.88% -36.96% 32.88%
Enterprise Value (EV) 1 7,662 5,937 3,636 5,372
Change - -22.52% -38.75% 47.71%
P/E -568x -135x -15x -52.5x
PBR 5.14x 3.93x 3.06x 4.35x
PEG 4x -1x -0x 0.8x
Capitalization / Revenue 16.5x 18.3x 8.32x 6.42x
EV / Revenue 13.7x 15.1x 6.67x 5.72x
EV / EBITDA -359x -26.4x -11.9x -43.4x
EV / EBIT -181x -22.9x -11.1x -35.3x
EV / FCF -125x -19.1x -17.7x -25.9x
FCF Yield -0.8% -5.24% -5.65% -3.86%
Dividend per Share 2 - - - -
Rate of return - - - -
EPS 2 -0.04 -0.13 -0.74 -0.28
Distribution rate - - - -
Net sales 1 559.5 393.6 545.5 939.4
EBITDA 1 -21.32 -224.9 -306 -123.7
EBIT 1 -42.28 -259.6 -327.4 -152.4
Net income 1 -15.15 -54.18 -290.6 -113.9
Net Debt 1 -1,551 -1,260 -900.8 -657.4
Reference price 2 22.730 17.590 11.080 14.700
Nbr of stocks (in thousands) 405,307 409,151 409,498 410,130
Announcement Date 19/4/23 26/4/24 22/4/25 16/4/26
1CNY in Million2CNY
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 613M
20.47x11.66x17.59x0.37% 4,941B
21.47x10.52x14.2x1.14% 1,884B
35.2x14.92x21.91x0.8% 1,557B
5.11x3.13x3.49x0.07% 1,001B
87.82x15.92x60.42x-.--% 824B
3.87x2.44x2.95x1.97% 775B
-28.67x5.91x16.35x-.--% 349B
33.2x12.47x22.71x1.92% 275B
Average 22.31x 9.62x 19.95x 0.78% 1,290B
Weighted average by Cap. 23.78x 10.71x 18.55x 0.63%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Halo Microelectronics Co., Ltd.

Historical PBR trend

Valuation ratios - PBR - Halo Microelectronics Co., Ltd.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Halo Microelectronics Co., Ltd.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Halo Microelectronics Co., Ltd.

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