Company Valuation: Origin Agritech Limited

Data adjusted to current consolidation scope
Fiscal Period: September 2019 2020 2021 2022 2023 2024
Capitalization 1 142.1 306.5 296.3 355.7 151.6 134.8
Change - 115.69% -3.32% 20.03% -57.39% -11.07%
Enterprise Value (EV) 1 217.5 424.9 421.7 477.3 128.1 162.5
Change - 95.35% -0.75% 13.17% -73.16% 26.89%
P/E ratio -2.99x -3.77x -3.24x -56.5x 2.86x 6.66x
PBR -9.41x -4.47x -2.13x -2.76x -2.66x -4.47x
PEG - -0.3x 0.83x 0.6x -0x -0.1x
Capitalization / Revenue 1.54x 5.84x 6.38x 6.76x 1.62x 1.19x
EV / Revenue 2.35x 8.09x 9.08x 9.08x 1.37x 1.43x
EV / EBITDA -5.23x -8.04x -7.06x -53.1x -14.6x -4.84x
EV / EBIT -3.92x -6.69x -6.2x -37x -10x -4.47x
EV / FCF -4.4x 34.2x -7.09x -20.7x 1.45x -1.05x
FCF Yield -22.7% 2.92% -14.1% -4.82% 69% -95.2%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -14.85 -16.95 -16.29 -1.09 8.43 3.2
Distribution rate - - - - - -
Net sales 1 92.44 52.51 46.42 52.58 93.31 113.4
EBITDA 1 -41.63 -52.88 -59.76 -8.995 -8.756 -33.56
EBIT 1 -55.42 -63.49 -68.04 -12.9 -12.79 -36.32
Net income 1 -62.12 -85.26 -91.53 -6.265 55.33 20.71
Net Debt 1 75.41 118.4 125.4 121.6 -23.47 27.75
Reference price 2 44.461 63.834 52.715 61.610 24.152 21.324
Nbr of stocks (in thousands) 3,196 4,802 5,621 5,773 6,276 6,321
Announcement Date 3/2/20 2/16/21 2/4/22 2/14/23 2/15/24 2/10/25
1CNY in Million2CNY
Estimates

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

  1. Stock Market
  2. Equities
  3. SEED Stock
  4. Valuation Origin Agritech Limited