Company Valuation: Shentong Robot Education Group Company Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2020 2021 2022 2023 2024 2025
Market Cap 1 386.7 111.8 85.31 72.04 32.23 238.9
Change - -71.08% -23.73% -15.56% -55.26% 641.18%
Enterprise Value (EV) 1 240.4 -41.14 -50.76 -28.41 -40.98 171.6
Change - -117.12% -23.37% 44.03% -44.23% 518.79%
P/E -1.66x -4.82x -1.03x -20.1x -7.76x -33.5x
PBR 10.2x 2.94x -2.51x -1.36x -0.53x -3.49x
PEG - 0.1x -0x 0.2x -0.5x -0.5x
Capitalization / Revenue 3x 21.4x 7.01x 4.62x 1.94x 22.1x
EV / Revenue 1.87x -7.86x -4.17x -1.82x -2.47x 15.8x
EV / EBITDA 4.43x 2.32x 3.92x 5.56x 9.74x -24.1x
EV / EBIT 5.24x 2.14x 3.74x 5.53x 9.72x -24.1x
EV / FCF 4.09x 20x 3.06x 1.65x 2.19x -55.6x
FCF Yield 24.4% 5% 32.7% 60.5% 45.7% -1.8%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -0.1229 -0.0122 -0.0437 -0.001887 -0.002191 -0.003761
Distribution rate - - - - - -
Net sales 1 128.8 5.233 12.16 15.6 16.6 10.83
EBITDA 1 54.23 -17.71 -12.95 -5.11 -4.209 -7.121
EBIT 1 45.9 -19.25 -13.58 -5.133 -4.216 -7.127
Net income 1 -233 -23.2 -82.85 -3.579 -4.155 -7.13
Net Debt 1 -146.4 -153 -136.1 -100.4 -73.2 -67.25
Reference price 2 0.2040 0.0590 0.0450 0.0380 0.0170 0.1260
Nbr of stocks (in thousands) 1,895,697 1,895,697 1,895,697 1,895,697 1,895,697 1,895,697
Announcement Date 6/29/20 6/25/21 6/24/22 6/30/23 6/28/24 6/27/25
1HKD in Million2HKD
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 9.19M
34.59x6.22x22.45x1% 67.65B
40.05x4.76x15.53x1.12% 21.52B
28.71x1.19x12x1.14% 14.69B
18.15x1.96x9.7x3.84% 13.12B
25.02x2.82x12.09x2.99% 11.74B
25.68x3.53x13.61x2.27% 7.89B
14.15x0.63x9.04x1.48% 6.48B
17.38x0.37x8.54x4.21% 4.99B
Average 25.47x 2.68x 12.87x 2.26% 16.45B
Weighted average by Cap. 30.63x 4.28x 16.93x 1.64%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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