Company Valuation: Horizon Robotics

Data adjusted to current consolidation scope
Fiscal Period: December 2024 2025 2026 2027 2028
Market Cap 1 44,655 114,022 65,407 - -
Change - 155.34% -42.64% - -
Enterprise Value (EV) 1 29,657 94,362 48,491 50,412 50,362
Change - 218.18% -48.61% 3.96% -0.1%
P/E 6.63x -9.61x -20.9x -46.2x 47.9x
PBR 3.81x 7.96x 5.73x 5.66x 5.15x
PEG - 0x 0.3x 0.8x -0x
Capitalization / Revenue 18.7x 30.3x 11.7x 7.03x 4.59x
EV / Revenue 12.4x 25.1x 8.66x 5.42x 3.54x
EV / EBITDA -17.4x -32.6x -19.6x -59.2x 18.1x
EV / EBIT -13.8x -28.3x -16.7x -39.9x 47.9x
EV / FCF -33.2x -33.6x -24.4x -44.4x 44.3x
FCF Yield -3.02% -2.98% -4.09% -2.25% 2.26%
Dividend per Share 2 - - - - 0.00548
Rate of return - - - - 0.12%
EPS 2 0.51 -0.81 -0.2102 -0.095 0.0915
Distribution rate - - - - 5.99%
Net sales 1 2,384 3,758 5,601 9,304 14,245
EBITDA 1 -1,706 -2,897 -2,471 -851.5 2,785
EBIT 1 -2,144 -3,339 -2,908 -1,265 1,052
Net income 1 2,347 -10,469 -2,963 -1,357 1,303
Net Debt 1 -14,999 -19,660 -16,916 -14,994 -15,044
Reference price 2 3.383 7.782 4.385 4.385 4.385
Nbr of stocks (in thousands) 13,200,294 14,651,885 14,571,723 - -
Announcement Date 3/21/25 3/19/26 - - -
1CNY in Million2CNY
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-20.86x8.39x-19.01x-.--% 9.47B
15.42x - - 1.97% 4.51B
986.52x0.14x1.54x0.57% 4.48B
12.98x0.37x4.75x3.24% 4.24B
14.28x1.02x6.13x2.81% 3.77B
14.7x1.46x10.08x1.22% 3.59B
15.96x0.55x5.49x-.--% 2.75B
14.39x0.86x9.52x2.35% 2.05B
10.12x0.17x1.58x4.18% 1.44B
Average 118.17x 1.62x 2.51x 1.81% 4.03B
Weighted average by Cap. 125.10x 2.97x -1.79x 1.4%

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