Company Valuation: Foxconn Industrial Internet Co., Ltd.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 272,024 236,790 182,311 300,370 427,160 1,087,236 1,087,236 -
Change - -12.95% -23.01% 64.76% 42.21% 154.53% 0% -
Enterprise Value (EV) 1 238,190 210,916 172,130 265,764 395,713 1,046,358 1,052,633 1,034,975
Change - -11.45% -18.39% 54.4% 48.9% 164.42% 0.6% -1.68%
P/E ratio 15.6x 11.8x 9x 14.3x 18.4x 31.1x 18.7x 15.3x
PBR 2.62x 1.99x 1.41x 2.14x 2.8x 6.33x 5.3x 4.54x
PEG - 0.8x 9.09x 3.65x 1.8x 0.6x 0.3x 0.7x
Capitalization / Revenue 0.63x 0.54x 0.36x 0.63x 0.7x 1.2x 0.75x 0.6x
EV / Revenue 0.55x 0.48x 0.34x 0.56x 0.65x 1.16x 0.73x 0.57x
EV / EBITDA 10.8x 8.47x 6.86x 9.66x 12.8x 22.4x 13.6x 10.9x
EV / EBIT 12.1x 9.42x 7.87x 11.5x 15.3x 25.9x 16.3x 13.2x
EV / FCF - 76.9x 23.5x 7.72x 30.9x 79.5x 91.9x 30.6x
FCF Yield - 1.3% 4.25% 12.9% 3.24% 1.26% 1.09% 3.27%
Dividend per Share 2 0.25 0.5 0.55 0.58 0.64 0.9729 1.66 2.254
Rate of return 1.83% 4.19% 5.99% 3.84% 2.98% 1.78% 3.03% 4.12%
EPS 2 0.88 1.01 1.02 1.06 1.17 1.76 2.927 3.588
Distribution rate 28.4% 49.5% 53.9% 54.7% 54.7% 55.3% 56.7% 62.8%
Net sales 1 431,786 439,557 511,850 476,340 609,135 905,100 1,442,442 1,803,469
EBITDA 1 22,149 24,913 25,093 27,516 30,986 46,775 77,275 95,245
EBIT 1 19,716 22,398 21,872 23,067 25,935 40,390 64,493 78,223
Net income 1 17,431 20,010 20,073 21,040 23,216 35,021 58,163 71,283
Net Debt 1 -33,833 -25,874 -10,181 -34,606 -31,447 -40,879 -34,603 -52,261
Reference price 2 13.69 11.92 9.18 15.12 21.50 54.75 54.75 54.75
Nbr of stocks (in thousands) 19,870,239 19,864,917 19,859,593 19,865,735 19,867,907 19,858,196 19,858,196 -
Announcement Date 3/29/21 3/14/22 3/14/23 3/13/24 2/21/25 - - -
1CNY in Million2CNY
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
31.1x1.16x22.37x1.78% 157B
25.15x5.1x13.23x2.15% 304B
52.91x18.91x38.59x-.--% 178B
56.05x15.57x43.71x0.25% 85.4B
33.56x6.56x19.38x1.05% 76.49B
48x - - - 43.58B
21.67x2.71x14.71x2.53% 42.96B
89.34x7.3x38.35x-.--% 42.81B
25.77x5.44x19.42x1.63% 41.3B
134.15x14.58x45.75x-.--% 40.18B
Average 51.77x 8.59x 28.39x 1.04% 101.2B
Weighted average by Cap. 42.11x 8.44x 25.35x 1.25%

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

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