Beijing Yanjing Brewery Co Ltd
SZSE:000729
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EV/EBITDA
Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.
Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.
Valuation Scenarios
If EV/EBITDA returns to its 3-Year Average (19.6), the stock would be worth ¥17.06 (32% upside from current price).
| Scenario | EV/EBITDA Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 14.8 | ¥12.95 |
0%
|
| 3-Year Average | 19.6 | ¥17.06 |
+32%
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| 5-Year Average | 24.7 | ¥21.58 |
+67%
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| Industry Average | 15.2 | ¥13.29 |
+3%
|
| Country Average | 28.8 | ¥25.14 |
+94%
|
Forward EV/EBITDA
Today’s price vs future ebitda
| Today's Enterprise Value | EBITDA | Forward EV/EBITDA | ||
|---|---|---|---|---|
|
¥30.1B
|
/ |
Jan 2026
¥2B
|
= |
|
|
¥30.1B
|
/ |
Dec 2026
¥3.1B
|
= |
|
|
¥30.1B
|
/ |
Dec 2027
¥3.5B
|
= |
|
Forward EV/EBITDA shows whether today’s EV/EBITDA still looks high or low once future ebitda are taken into account.
Peer Comparison
| Market Cap | EV/EBITDA | P/E | ||||
|---|---|---|---|---|---|---|
| CN |
|
Beijing Yanjing Brewery Co Ltd
SZSE:000729
|
36.5B CNY | 14.8 | 21.7 | |
| BE |
|
Anheuser Busch Inbev SA
XETRA:1NBA
|
120.7B EUR | 9.4 | 20.8 | |
| BE |
|
Anheuser-Busch Inbev SA
MIL:ABI
|
114B EUR | 9.8 | 28 | |
| BR |
|
Ambev SA
BOVESPA:ABEV3
|
234.2B BRL | 7.2 | 14.8 | |
| NL |
|
Heineken NV
AEX:HEIA
|
37.8B EUR | 7.8 | 19.6 | |
| NL |
|
Heineken Holding NV
AEX:HEIO
|
16.8B EUR | 4.5 | 17.6 | |
| DK |
|
Carlsberg A/S
CSE:CARL B
|
106.9B DKK | 8.8 | 17.8 | |
| JP |
|
Asahi Group Holdings Ltd
TSE:2502
|
2.3T JPY | 7.7 | 15.1 | |
| HK |
|
Budweiser Brewing Company APAC Ltd
HKEX:1876
|
100.5B HKD | 8.3 | 26 | |
| JP |
|
Kirin Holdings Co Ltd
TSE:2503
|
2T JPY | 8.2 | 13.8 | |
| CN |
|
Tsingtao Brewery Co Ltd
SSE:600600
|
84.6B CNY | 11.8 | 18.4 |
Market Distribution
| Min | 0 |
| 30th Percentile | 16.3 |
| Median | 28.8 |
| 70th Percentile | 53.1 |
| Max | 49 021 |
Other Multiples
Beijing Yanjing Brewery Co Ltd
Glance View
Beijing Yanjing Brewery Co Ltd., one of China's leading beer producers, stands as a testament to the dynamic evolution of the brewing industry in Asia. Established in the late 1980s, Yanjing Brewery rapidly became synonymous with quality beer in the Chinese market. Its rise aligned with the economic liberalization in China, allowing it to thrive in an era where domestic brands began taking center stage. Headquartered in Beijing, the company has harnessed its strategic location to capture a significant share of the local beer market, expanding its influence over the years. With its flagship Yanjing Beer and a diverse portfolio of lager products, the firm leverages a combination of traditional brewing methods and modern technology to maintain high standards, catering to varying consumer preferences across the region. The brewery's business model is rooted in a comprehensive distribution network, efficiently channeling its products through supermarkets, bars, and restaurants across China, while steadily increasing its footprint in international markets. This distribution prowess, coupled with strategic marketing campaigns emphasizing its brand's authenticity and quality, fortifies Yanjing's market position. The company continues to generate revenue primarily through the sale of its beer products, which are produced at various plants ensuring high capacity output to meet rising demands. By staying attuned to consumer trends and preferences, like the growing desire for premium and craft beer variations, Yanjing Brewery has adeptly tailored its offerings, balancing mass production with niche segments.