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Definitive Analysis

Financial Statements

Mode

Ticker

Industry

Sector

Page: Earnings Power Value

ANTA Sports Products Limited

Ticker: 2020.HK | Industry: Leisure | Sector: Consumer Cyclical
$77.05 -0.60 (-0.77%)
As of: 2026-01-23

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Valuation Snapshot

Intrinsic Range$88.36 — $122.28
Selected Value (Mid)$105.32
Live Price$81.75
Upside / Downside28.83%

EPV Per Share Breakdown

MetricLowMidHigh
EPV Per Share$88.36$105.32$122.28

Normalized EBIT Margin

ScenarioMargin
Low20.62%
Mid24.26%
High27.90%

Normalized Tax Rate

MetricValue
Tax Rate24.60%

Adjusted Earnings (NOPAT)

ScenarioValue
Low22,092,968,767
Mid25,991,727,961
High29,890,487,155

Capital Structure

ComponentValue
Net Debt21,933,000,000
Shares Outstanding2,836,007,000
WACC8.11%

Reverse EPV (Market Implied)

If "Implied" > "Actual", market expects profitability to improve.

MetricActual (LTM)Market Implied
EBIT Margin24.26%18.18%
NOPAT (Earnings)25,991,727,96119,480,450,935
Enterprise Value320,626,879,630240,305,539,000

Valuation Details

MetricLowMidHigh
Enterprise Value272,532,847,686320,626,879,630368,720,911,575
(-) Net Debt21,933,000,00021,933,000,00021,933,000,000
(=) Equity Value250,599,847,686298,693,879,630346,787,911,575
(/) Shares Outstanding2,836,007,0002,836,007,0002,836,007,000
(=) Fair Value$88.36$105.32$122.28
Live Price$81.75$81.75$81.75
Upside %8.09%28.83%49.58%

High-Upside EPV Screener

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