Company Valuation: Hong Kong Robotics Group Holding Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2020 2021 2022 2023 2024 2025
Market Cap 1 762.6 371.2 1,235 465.2 309.5 2,071
Change - -51.33% 232.88% -62.35% -33.46% 568.92%
Enterprise Value (EV) 1 929.4 506.9 1,474 669.7 546.3 2,262
Change - -45.46% 190.87% -54.58% -18.43% 314.03%
P/E Ratio -17.8x -10.9x -182x -1.39x -2.15x -15x
PBR 0.69x 0.34x 1.02x 0.55x 0.43x 3.55x
PEG - 0.5x 2.1x -0x 0x 3.47x
Capitalization / Revenue 0.73x 0.39x 1.44x 0.92x 1.44x 17.8x
EV / Revenue 0.88x 0.54x 1.72x 1.33x 2.54x 19.5x
EV / EBITDA -29.2x -28.9x -59.6x -2.44x -6x -51.2x
EV / EBIT -21.4x -17x -41.1x -2.33x -5.32x -43.3x
EV / FCF -15.4x - -29.9x 4.02x -7.33x 41.6x
FCF Yield -6.49% - -3.34% 24.9% -13.6% 2.4%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -0.0422 -0.0335 -0.004461 -0.2188 -0.069 -0.066
Distribution rate - - - - - -
Net sales 1 1,052 946 858.5 504.7 215 116.1
EBITDA 1 -31.85 -17.53 -24.75 -274.2 -91 -44.14
EBIT 1 -43.43 -29.85 -35.88 -287.7 -102.7 -52.18
Net income 1 -42.95 -34.06 -6.349 -333.8 -131.1 -138.1
Net Debt 1 166.8 135.8 239 204.5 236.7 191
Reference price 2 0.7500 0.3650 0.8100 0.3050 0.1480 0.9900
Nbr of stocks (in thousands) 1,016,857 1,016,857 1,525,285 1,525,285 2,091,501 2,091,501
Announcement Date 26/3/21 28/7/21 27/7/22 28/7/23 29/7/24 30/7/25
1HKD in Million2HKD
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 82.99M
22.6x2.27x12.85x-.--% 11.52B
25.1x2.05x12.59x1.62% 5.55B
7x0.26x2.89x5.94% 3.25B
19.71x0.96x9.8x1.81% 1.16B
11.85x - - - 837M
11.5x0.96x6.61x6.24% 679M
Average 16.29x 1.30x 8.95x 3.12% 3.3B
Weighted average by Cap. 20.13x 1.81x 10.97x 1.56%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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