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Mobvista Inc
HKEX:1860

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Mobvista Inc
HKEX:1860
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Price: 16.3 HKD -1.21% Market Closed
Market Cap: HK$25.7B

EV/S

1.5
Current
125%
More Expensive
vs 3-y average of 0.7

Enterprise Value to Sales (EV/S) ratio compares a company`s total enterprise value to its revenue. It shows how much investors are paying for each dollar of the company`s sales, including both equity and debt.

EV/S
1.5
=
Enterprise Value
HK$23.4B
/
Revenue
$2B

Enterprise Value to Sales (EV/S) ratio compares a company`s total enterprise value to its revenue. It shows how much investors are paying for each dollar of the company`s sales, including both equity and debt.

EV/S
1.5
=
Enterprise Value
HK$23.4B
/
Revenue
$2B

Valuation Scenarios

Mobvista Inc is trading above its 3-year average

If EV/S returns to its 3-Year Average (0.7), the stock would be worth HK$7.25 (56% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-56%
Maximum Upside
+259%
Average Upside
70%
Scenario EV/S Value Implied Price Upside/Downside
Current Multiple 1.5 HK$16.3
0%
3-Year Average 0.7 HK$7.25
-56%
5-Year Average 0.9 HK$9.75
-40%
Industry Average 5.4 HK$58.53
+259%
Country Average 3.3 HK$35.49
+118%

Forward EV/S
Today’s price vs future revenue

Today's Enterprise Value Revenue Forward EV/S
HK$23.4B
/
Jan 2026
$2B
=
1.5
Current
HK$23.4B
/
Dec 2026
$2.6B
=
9.1
Forward
HK$23.4B
/
Dec 2027
$3.2B
=
7.4
Forward
HK$23.4B
/
Dec 2028
$3.8B
=
6.1
Forward

Forward EV/S shows whether today’s EV/S still looks high or low once future revenue are taken into account.

Peer Comparison

All Multiples
EV/S
P/E
All Countries
Close
P/E Multiple
Earnings Growth PEG
CN
Mobvista Inc
HKEX:1860
Average P/E: 176.9
53.2
61%
0.9
US
Omnicom Group Inc
NYSE:OMC
Negative Multiple: -444.3 N/A N/A
FR
Publicis Groupe SA
PAR:PUB
12
11%
1.1
UK
Informa PLC
LSE:INF
937
335%
2.8
CN
F
Focus Media Information Technology Co Ltd
SZSE:002027
16.9
8%
2.1
US
Interpublic Group of Companies Inc
NYSE:IPG
16.8
21%
0.8
CN
BlueFocus Intelligent Communications Group Co Ltd
SZSE:300058
273.6
N/A N/A
HK
QMMM Holdings Ltd
NASDAQ:QMMM
Negative Multiple: -2 306.1 N/A N/A
CN
Leo Group Co Ltd
SZSE:002131
89.3
N/A N/A
FR
JCDecaux SA
OTC:JCDXF
16.1
7%
2.3
JP
Dentsu Group Inc
TSE:4324
Negative Multiple: -2.4 N/A N/A

Market Distribution

Lower than 74% of companies in China
Percentile
26th
Based on 7 593 companies
26th percentile
1.5
Low
0 — 1.7
Typical Range
1.7 — 6.2
High
6.2 —
Distribution Statistics
China
Min 0
30th Percentile 1.7
Median 3.3
70th Percentile 6.2
Max 5 034 353.9

Mobvista Inc
Glance View

Market Cap
25.7B HKD
Industry
Media

Mobvista Inc., a pivotal player in the digital marketing ecosystem, operates primarily as a mobile advertising platform that aids businesses in reaching a global audience. At its core, Mobvista leverages advanced technology to facilitate user acquisition and monetization for app developers, tapping into the pervasive smartphone market. The company provides comprehensive solutions that encompass programmatic advertising and performance-based marketing through its vast network, which includes thousands of apps and mobile sites worldwide. By utilizing big data analytics, Mobvista can optimize ad placements and personalize the user experience, enhancing engagement and driving higher conversion rates. This technological prowess not only ensures targeted delivery but also maximizes return on investment for advertisers, a key driver in Mobvista’s revenue model. Diving deeper, Mobvista's business structure thrives on a multifaceted approach, encompassing activities across the advertisement value chain. A substantial portion of revenue is generated through its core business of demand-side platforms (DSP) and supply-side platforms (SSP), which facilitate the buying and selling of digital ad spaces in real time. Additionally, Mobvista provides its clients with monetization tools powered by artificial intelligence, enabling app developers to effectively maximize their earnings through ads. The company also offers analytics and user growth tools like data management platforms, further broadening its service offerings. By intertwining cutting-edge technology with user-centric strategies, Mobvista not only fills the coffers with advertising revenue but also fortifies its standing as an advertiser's ally in navigating the competitive mobile market.

Intrinsic Value
15.33 HKD
Overvaluation 6%
Intrinsic Value
Price HK$16.3
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