Company Valuation: Guangdong Guangzhou Daily Media Co., Ltd.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Capitalization 1 5,039 5,283 6,339 5,341 6,514 10,008
Change - 4.84% 20% -15.75% 21.96% 53.65%
Enterprise Value (EV) 1 3,949 3,983 5,608 5,040 6,120 9,651
Change - 0.88% 40.79% -10.14% 21.42% 57.7%
P/E ratio 16.1x 58.9x 143x 639x 217x 109x
PBR 1.18x 1.23x 1.41x 1.26x 1.54x 2.36x
PEG - -0.8x -2.8x -7.9x 1x 1x
Capitalization / Revenue 9.94x 9.68x 11.6x 9.56x 10.9x 16.9x
EV / Revenue 7.79x 7.3x 10.3x 9.02x 10.3x 16.3x
EV / EBITDA -42.7x -146x -304x -166x 1,186x 505x
EV / EBIT -30.1x -59.2x -102x -70.2x -130x -307x
EV / FCF 919x -19.7x -202x -147x -264x -218x
FCF Yield 0.11% -5.07% -0.49% -0.68% -0.38% -0.46%
Dividend per Share 2 0.06 0.048 0.027 0.054 0.068 0.063
Rate of return 1.38% 1.05% 0.49% 1.17% 1.21% 0.73%
EPS 2 0.27 0.0772 0.0382 0.0072 0.0258 0.0793
Distribution rate 22.2% 62.2% 70.7% 750% 264% 79.4%
Net sales 1 506.9 546 546.1 558.9 596.7 593.9
EBITDA 1 -92.52 -27.2 -18.47 -30.37 5.16 19.12
EBIT 1 -131.2 -67.31 -54.78 -71.8 -46.99 -31.42
Net income 1 313.5 89.67 44.35 8.36 29.99 92.08
Net Debt 1 -1,090 -1,299 -731 -301.1 -394 -357.7
Reference price 2 4.34 4.55 5.46 4.60 5.61 8.62
Nbr of stocks (in thousands) 1,161,058 1,161,058 1,161,058 1,161,058 1,161,058 1,161,058
Announcement Date 3/30/21 4/27/22 4/7/23 4/9/24 4/3/25 4/1/26
1CNY in Million2CNY
Estimates

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 2.58B
12.51x1.37x6.22x4.46% 25.12B
8.52x1x5.38x4.64% 21.46B
12.78x5.63x9.97x6.87% 11.49B
14.1x - - 3.67% 4.59B
16.93x0.58x5.87x1.45% 4.47B
7.49x0.63x3.76x5.71% 3.79B
18.98x0.38x5.56x2.79% 2.57B
Average 13.04x 1.60x 6.13x 4.23% 9.51B
Weighted average by Cap. 11.72x 1.84x 6.40x 4.66%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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