Company Valuation: NARI Technology Co., Ltd.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 122,799 221,984 163,354 179,297 202,069 179,298 - -
Change - 80.77% -26.41% 9.76% 12.7% -11.27% - -
Enterprise Value (EV) 1 113,049 210,828 149,926 163,106 193,738 166,012 160,243 157,657
Change - 86.49% -28.89% 8.79% 18.78% -14.31% -3.48% -1.61%
P/E ratio 25.1x 39.2x 25.2x 24.8x 26.5x 21.1x 18.5x 16.9x
PBR 3.6x 5.84x 3.85x 3.8x 4.12x 3.35x 3.06x 2.84x
PEG - 2.5x 1.8x 2.2x 4.77x 1.8x 1.3x 1.77x
Capitalization / Revenue 3.19x 5.23x 3.49x 3.48x 3.52x 2.77x 2.47x 2.2x
EV / Revenue 2.94x 4.97x 3.2x 3.16x 3.37x 2.57x 2.21x 1.93x
EV / EBITDA 16.1x 25.9x 16.2x 15.9x 20x 15x 13x 11.7x
EV / EBIT 19.2x 30.8x 19.1x 19x 21.3x 16.8x 14.1x 12.6x
EV / FCF - 79.2x 28x 17.2x 20.9x 18.2x 18.5x 15.5x
FCF Yield - 1.26% 3.57% 5.82% 4.78% 5.51% 5.41% 6.45%
Dividend per Share 2 0.2431 0.2847 0.325 0.54 0.435 0.6425 0.6965 0.7653
Rate of return 1.58% 1.02% 1.6% 2.42% 1.72% 2.87% 3.11% 3.42%
EPS 2 0.6134 0.7083 0.8083 0.9 0.95 1.062 1.209 1.325
Distribution rate 39.6% 40.2% 40.2% 60% 45.8% 60.5% 57.6% 57.8%
Net sales 1 38,502 42,411 46,829 51,573 57,417 64,678 72,547 81,592
EBITDA 1 7,009 8,136 9,230 10,242 9,665 11,056 12,285 13,466
EBIT 1 5,874 6,843 7,852 8,575 9,106 9,899 11,395 12,527
Net income 1 4,852 5,642 6,446 7,184 7,610 8,495 9,741 10,652
Net Debt 1 -9,750 -11,156 -13,428 -16,192 -8,331 -13,286 -19,055 -21,641
Reference price 2 15.38 27.80 20.33 22.32 25.22 22.38 22.38 22.38
Nbr of stocks (in thousands) 7,986,359 7,985,429 8,033,819 8,033,033 8,012,256 8,011,521 - -
Announcement Date 4/22/21 4/28/22 4/27/23 4/25/24 4/28/25 - - -
1CNY in Million2CNY
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
21.07x2.57x15.02x2.87% 24.97B
30.51x4.39x16.74x2.43% 252B
24.43x2.79x14.65x1.84% 195B
24.07x4.52x16.71x3.5% 145B
30.76x6.15x21.18x1.92% 125B
-807.44x24.08x94.31x-.--% 120B
33.66x7.89x19.83x1.73% 97.11B
23.73x3.66x15.1x3.25% 77.12B
-49.44x14.6x117.93x-.--% 69.47B
25.16x3.48x15.85x3.59% 53.34B
Average -64.35x 7.41x 34.73x 2.11% 115.84B
Weighted average by Cap. -63.38x 7.14x 31.02x 2.07%
See all sector valuations

Year-on-year evolution of the PER

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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