Company Valuation: VNET Group, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 8,356 5,789 5,238 9,236 15,919 15,574 - -
Change - -30.73% -9.52% 76.35% 72.35% -2.17% - -
Enterprise Value (EV) 1 15,214 13,058 14,483 19,418 29,966 38,283 44,970 50,330
Change - -14.17% 10.91% 34.08% 54.32% 27.75% 17.47% 11.92%
P/E 16.8x -7.49x -1.16x 288x -61.6x -205x 58.8x 35.1x
PBR 1.17x 0.88x 0.87x 1.44x 2.56x 2.25x 2.16x 1.92x
PEG - 0x -0x -3x 0x 2.8x -0x 0.5x
Capitalization / Revenue 1.35x 0.82x 0.71x 1.12x 1.6x 1.33x 1.09x 0.92x
EV / Revenue 2.46x 1.85x 1.95x 2.35x 3.01x 3.26x 3.16x 2.97x
EV / EBITDA 8.68x 6.97x 7.1x 7.99x 10.1x 10.3x 9.58x 8.64x
EV / EBIT 714x 108x -7.35x 29x 38.4x 36.1x 30.1x 24.5x
EV / FCF -11.7x -23.5x -16x -21.1x -5.22x -5x -6.72x -11x
FCF Yield -8.57% -4.25% -6.24% -4.74% -19.1% -20% -14.9% -9.06%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 3.42 -5.22 -17.58 0.12 -0.96 -0.2663 0.9297 1.56
Distribution rate - - - - - - - -
Net sales 1 6,190 7,065 7,413 8,259 9,949 11,731 14,242 16,973
EBITDA 1 1,754 1,873 2,039 2,430 2,978 3,719 4,693 5,826
EBIT 1 21.31 121.2 -1,971 669.4 780.3 1,061 1,494 2,055
Net income 1 500.1 -776 -2,644 183.2 -251.8 -306.1 265.8 525
Net Debt 1 6,857 7,270 9,245 10,182 14,047 22,709 29,395 34,756
Reference price 2 57.36 39.11 20.35 34.60 59.17 54.71 54.71 54.71
Nbr of stocks (in thousands) 145,672 148,024 257,364 266,966 269,026 284,692 - -
Announcement Date 30/3/22 21/3/23 27/3/24 12/3/25 16/3/26 - - -
1CNY in Million2CNY
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-205.43x3.26x10.29x-.--% 2.29B
28.63x4.59x16.02x2.29% 278B
-93.69x14.81x85.75x-.--% 92.71B
10.33x1.13x5.95x4.67% 85.1B
13.3x2.44x9.21x6.06% 77.69B
18.69x4.94x12.19x3.04% 56.06B
13.65x1.99x8.33x5.71% 44.55B
19.35x1.55x9.76x1.48% 36.24B
20.32x1.5x9.55x0.97% 35.83B
15.67x2x9.31x5.52% 32.61B
Average -15.92x 3.82x 17.64x 2.97% 74.06B
Weighted average by Cap. 5.80x 4.70x 21.19x 2.96%

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

  1. Stock Market
  2. Stocks
  3. VNET Stock
  4. Valuation VNET Group, Inc.