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 51,856 - -
Change - 155.34% -54.52% - -
Enterprise Value (EV) 1 29,657 94,362 34,113 36,361 36,342
Change - 218.18% -63.85% 6.59% -0.05%
P/E 6.63x -9.61x 141x -21.1x 2,841x
PBR 3.81x 7.96x 3.38x 3.51x 3.44x
PEG - 0x -1x 0x -28x
Capitalization / Revenue 18.7x 30.3x 9.87x 6.21x 4.01x
EV / Revenue 12.4x 25.1x 6.49x 4.36x 2.81x
EV / EBITDA -17.4x -32.6x -14.7x -27.4x 23.8x
EV / EBIT -13.8x -28.3x -10.3x -19.6x 79.3x
EV / FCF -33.2x -33.6x 34x -20.9x 126x
FCF Yield -3.02% -2.98% 2.94% -4.79% 0.79%
Dividend per Share 2 - - - - 0.0056
Rate of return - - - - 0.17%
EPS 2 0.51 -0.81 0.0232 -0.155 0.00115
Distribution rate - - - - 487%
Net sales 1 2,384 3,758 5,256 8,347 12,916
EBITDA 1 -1,706 -2,897 -2,324 -1,325 1,528
EBIT 1 -2,144 -3,339 -3,301 -1,853 458.5
Net income 1 2,347 -10,469 118.8 -2,287 194.8
Net Debt 1 -14,999 -19,660 -17,742 -15,495 -15,514
Reference price 2 3.383 7.782 3.267 3.267 3.267
Nbr of stocks (in thousands) 13,200,294 14,651,885 15,873,487 - -
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.($)
18.49x2.02x11.06x1.59% 72.41B
20.04x1.37x10.56x1.85% 45.52B
13.28x0.57x4.12x4.35% 29.15B
11.97x0.56x4.91x3.98% 29.11B
7.81x0.46x5.91x1.93% 23.62B
14.7x2.66x9.15x4.15% 20.67B
20.55x0.89x10.77x3.22% 18.15B
29.51x1.17x12.4x0.62% 17.68B
10.34x0.49x4.75x3.08% 17.05B
Average 16.30x 1.13x 8.18x 2.75% 30.37B
Weighted average by Cap. 16.63x 1.29x 8.66x 2.54%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Horizon Robotics

Historical PBR trend

Valuation ratios - PBR - Horizon Robotics

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Horizon Robotics

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Horizon Robotics


Year-on-year evolution of the Yield

Valuation ratios - Yield - Horizon Robotics