Company Valuation: HRnetGroup Limited

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 808 778.3 703.8 666.5 741.8 723.8 - -
Change - -3.68% -9.58% -5.3% 11.31% -2.43% - -
Enterprise Value (EV) 481 493.8 432.2 408.1 741.8 723.8 723.8 723.8
Change - 2.66% -12.47% -5.58% 81.79% -2.43% 0% 0%
P/E 12.3x 11.6x 11.1x 15x 14.4x 14.1x 12.9x 12.1x
PBR 2.18x 2.15x 1.87x 1.76x 1.85x 1.74x 1.68x 1.6x
PEG - 3.44x -2.42x -0.5x 1x -15.3x 1.36x 1.78x
Capitalization / Revenue 1.37x 1.27x 1.22x 1.18x 1.27x 1.18x 1.11x 1.02x
EV / Revenue 0x 0x 0x 0x 0x 1.18x 1.11x 1.02x
EV / EBITDA 0x 0x 0x 0x 0x 11.4x 10.5x 9.49x
EV / EBIT 0x 0x 0x 0x 0x 12.6x 11.6x 10.6x
EV / FCF 0x 0x 0x 0x 0x 13.3x 12.6x 11.9x
FCF Yield 6.35% 9.47% 7.87% 7.42% 7.01% 7.54% 7.96% 8.42%
Dividend per Share 2 0.03 0.04 0.04 0.04 0.042 0.0424 0.043 0.0443
Rate of return 3.73% 5.1% 5.59% 5.88% 5.6% 5.81% 5.89% 6.07%
EPS 2 0.0653 0.0675 0.0644 0.0453 0.0521 0.0516 0.0565 0.0603
Distribution rate 45.9% 59.3% 62.1% 88.3% 80.6% 82.1% 76.1% 73.5%
Net sales 1 590.5 611.8 578.5 567 584 611.6 652.5 709
EBITDA 1 82.67 95.41 86.39 64.43 70.18 63.25 68.93 76.28
EBIT 1 81.47 87.18 78.47 56.63 63.31 57.22 62.56 68
Net income 1 65.49 67.54 63.56 44.52 51.19 50.37 54.68 60.96
Net Debt -327.1 -284.6 -271.6 -258.4 - - - -
Reference price 2 0.8050 0.7850 0.7150 0.6800 0.7500 0.7300 0.7300 0.7300
Nbr of stocks (in thousands) 1,003,773 991,512 984,281 980,083 989,099 991,494 - -
Announcement Date 2/24/22 2/23/23 2/22/24 2/26/25 2/25/26 - - -
1SGD in Million2SGD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
14.24x - - 5.77% 563M
21.76x4.43x15.11x2.74% 96.48B
14.27x0.27x6.76x5.9% 5.59B
8.91x0.22x5.9x5.78% 3.48B
12.68x0.3x4.89x4.88% 3.56B
25.09x0.56x11.22x7.18% 3.32B
84.06x3.04x10.7x-.--% 3.38B
14.03x0.14x6.14x3.82% 1.76B
12.48x - - 4.13% 1.38B
7.32x - - 6.86% 1.05B
Average 21.49x 1.28x 8.67x 4.7% 12.06B
Weighted average by Cap. 22.23x 3.77x 13.76x 3.16%

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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