Valuation Kerry Logistics Network Limited

Equities

Market Closed - Hong Kong S.E. Other stock markets 03:08:30 2025-01-15 am EST			5-day change	1st Jan Change
6.750 ^HKD	+0.60%		-0.30%	-1.89%

Dec. 11	Kerry Logistics Network to Buy Back Perpetual Convertible Bonds For HK$744.5 Million	MT
Nov. 21	Kerry Logistics Network Limited Appoints Wong Siew Loong as Chief Commercial Officer for the Group & Managing Director for South East Asia	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	22,963	30,552	34,447	25,376	14,857	12,128	12,128	-
Change	-	33.05%	12.75%	-26.33%	-41.45%	-18.37%	0%	-
Enterprise Value (EV) ¹	28,875	31,326	31,507	25,165	17,105	13,150	12,347	11,355
Change	-	8.49%	0.58%	-20.13%	-32.03%	-23.12%	-6.11%	-8.03%
P/E ratio	6.05x	10.4x	4.34x	7.09x	18.7x	7.49x	8.02x	7.22x
PBR	1x	1.1x	1.63x	1.38x	0.84x	0.64x	0.61x	0.58x
PEG	-	-0.4x	0x	-0.1x	-0.2x	0x	-1.22x	0.7x
Capitalization / Revenue	0.56x	0.57x	0.42x	0.29x	0.29x	0.23x	0.22x	0.21x
EV / Revenue	0.7x	0.59x	0.39x	0.29x	0.34x	0.25x	0.22x	0.2x
EV / EBITDA	6.16x	5.69x	3.82x	3.6x	4.95x	3.09x	2.91x	2.7x
EV / EBIT	10.4x	9.33x	5.06x	5.25x	13.4x	4.95x	4.78x	4.23x
EV / FCF	18,967,478x	10,237,721x	7,616,941x	6,673,111x	7,827,853x	-	-	-
FCF Yield	0%	0%	0%	0%	0%	-	-	-
Dividend per Share ²	0.62	0.486	0.711	0.66	0.22	0.2736	0.2766	0.3086
Rate of return	4.63%	2.86%	3.73%	4.7%	2.68%	4.08%	4.12%	4.6%
EPS ²	2.21	1.63	4.39	1.98	0.44	0.896	0.837	0.9291
Distribution rate	28.1%	29.8%	16.2%	33.3%	50%	30.5%	33%	33.2%
Net sales ¹	41,139	53,361	81,771	86,649	50,706	52,986	55,223	57,204
EBITDA ¹	4,686	5,507	8,245	6,999	3,459	4,259	4,246	4,204
EBIT ¹	2,765	3,358	6,229	4,790	1,279	2,655	2,585	2,682
Net income ¹	3,788	2,896	7,939	3,579	791.2	1,602	1,499	1,685
Net Debt ¹	5,912	774.1	-2,940	-211.5	2,248	1,022	219	-773
Reference price ²	13.380	17.000	19.060	14.040	8.220	6.710	6.710	6.710
Nbr of stocks (in thousands)	1,716,203	1,797,200	1,807,310	1,807,425	1,807,429	1,807,425	1,807,425	-
Announcement Date	3/31/20	3/25/21	3/30/22	3/28/23	3/26/24	-	-	-

¹HKD in Million²HKD

Estimates

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E ratio	EV / Sales	EV / EBITDA	Yield	Capi. ($)
KERRY LOGISTICS NETWORK LIMITED	8.02x	0.22x	2.91x	+4.12%	1.56B
DSV A/S	27.16x	1.83x	15.19x	+0.48%	47.96B
KUEHNE UND NAGEL INTERNATIONAL AG	19.37x	0.92x	8.83x	+3.86%	25.88B
HYUNDAI GLOVIS CO., LTD.	6.82x	0.28x	3.17x	+4.29%	6.64B
NIPPON EXPRESS HOLDINGS INC.	12.32x	0.42x	4.62x	+4.13%	4.01B
LOGISTA HOLDINGS	13.81x	0.69x	2.53x	+6.91%	4B
SEINO HOLDINGS CO., LTD.	15.49x	0.53x	6.33x	+4.62%	2.46B
Average	14.71x	0.70x	6.23x	+4.06%	13.21B
Weighted average by Cap.	21.67x	1.29x	11.10x	+2.31%