Company Valuation: XPeng Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 214,855 269,661 58,738 97,202 81,858 117,566 117,566 -
Change - 25.51% -78.22% 65.48% -15.79% 43.62% 0% -
Enterprise Value (EV) 1 183,662 233,768 51,925 85,615 73,546 98,731 91,233 82,978
Change - 27.28% -77.79% 64.88% -14.1% 34.24% -7.59% -9.05%
P/E ratio -38.6x -54x -6.43x -8.68x -14.1x -82.7x 82.8x 28.3x
PBR 12.5x 6.23x 1.6x 2.68x 2.61x 3.93x 3.82x 3.52x
PEG - 3x -0.1x -0.7x 0.3x 1.1x -0x 0x
Capitalization / Revenue 36.8x 12.8x 2.19x 3.17x 2x 1.51x 1.1x 0.89x
EV / Revenue 31.4x 11.1x 1.93x 2.79x 1.8x 1.27x 0.85x 0.63x
EV / EBITDA -47.6x -40.7x -7.12x -9.75x -18x -780x 26.7x 11.8x
EV / EBIT -55.7x -35.5x -5.96x -7.86x -11x -32.9x 297x 23.2x
EV / FCF -194x -68.9x -4.15x -63.2x -17.4x 21x 11.1x 7.9x
FCF Yield -0.51% -1.45% -24.1% -1.58% -5.76% 4.75% 9.01% 12.7%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -7.24 -5.92 -10.67 -11.92 -6.12 -1.489 1.487 4.349
Distribution rate - - - - - - - -
Net sales 1 5,844 20,988 26,855 30,676 40,866 77,722 107,158 131,373
EBITDA 1 -3,856 -5,742 -7,295 -8,782 -4,085 -126.5 3,416 7,059
EBIT 1 -3,297 -6,579 -8,706 -10,889 -6,658 -3,003 307.1 3,576
Net income 1 -2,732 -4,863 -9,139 -10,376 -5,790 -1,528 1,783 5,205
Net Debt 1 -31,192 -35,893 -6,814 -11,587 -8,313 -18,835 -26,332 -34,588
Reference price 2 279.62 319.73 68.56 103.46 86.28 123.15 123.15 123.15
Nbr of stocks (in thousands) 768,381 843,413 856,765 939,549 948,803 954,678 954,678 -
Announcement Date 3/8/21 3/28/22 3/17/23 3/19/24 3/18/25 - - -
1CNY in Million2CNY
Estimates

P/E ratio, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
-82.68x1.27x-780.19x-.--% 17.01B
305.3x15.28x104.53x-.--% 1,596B
21.2x0.81x6.86x1.37% 116B
20.24x0.86x9.88x1.82% 29.19B
109.33x0.59x19.8x-.--% 19.07B
-4.63x3.2x-7.97x-.--% 18.34B
-4.6x0.95x-8.31x-.--% 12.54B
75.14x0.64x31.95x-.--% 8.09B
-2.38x5.36x-8.97x - 7.81B
-10.04x1.69x-38.4x-.--% 7.47B
Average 42.69x 3.07x -67.08x 0.35% 183.15B
Weighted average by Cap. 268.21x 13.47x 84.42x 0.12%

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