🚀 VC round data is live in beta, check it out!
China Tourism Group Duty Valuation Multiples
Discover revenue and EBITDA valuation multiples for China Tourism Group Duty and similar public comparables like Burlington Stores, Dick's Sporting Goods, Williams Sonoma, Tractor Supply and more.
China Tourism Group Duty Overview
About China Tourism Group Duty
Established in 1984, China Tourism Group Duty Free is China’s largest and the world’s second-largest travel retailer in 2024 with revenue of CNY 56.5 billion. The company primarily operates duty-free stores at airports, border crossings, offshore, downtown, and on flights, cruises and ships, with about 200 stores spanning over 33 provinces in China, as well as overseas. The company also operates a duty-paid business and its 2024 revenue mix comprised 69% duty-free sales and 31% duty-paid sales and others. CTG Duty Free is 50% owned by China Tourism Group, a state-owned enterprise that falls directly under the state-owned Asset Supervision and Administration Commission of the State Council.
Founded
2008
HQ
Employees
16.0K
Website
Sectors
Financials (LTM)
EV
$16B
China Tourism Group Duty Financials
China Tourism Group Duty reported last 12-month revenue of $8B and EBITDA of $973M.
In the same LTM period, China Tourism Group Duty generated $3B in gross profit, $973M in EBITDA, and $595M in net income.
Revenue (LTM)
China Tourism Group Duty P&L
In the most recent fiscal year, China Tourism Group Duty reported revenue of $8B and EBITDA of $997M.
China Tourism Group Duty expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $8B | XXX | $8B | XXX | XXX | XXX |
| Gross Profit | $3B | XXX | $3B | XXX | XXX | XXX |
| Gross Margin | 33% | XXX | 33% | XXX | XXX | XXX |
| EBITDA | $973M | XXX | $997M | XXX | XXX | XXX |
| EBITDA Margin | 12% | XXX | 13% | XXX | XXX | XXX |
| EBIT Margin | 11% | XXX | 10% | XXX | XXX | XXX |
| Net Profit | $595M | XXX | $527M | XXX | XXX | XXX |
| Net Margin | 7% | XXX | 7% | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
China Tourism Group Duty Stock Performance
China Tourism Group Duty has current market cap of $21B, and enterprise value of $16B.
Market Cap Evolution
China Tourism Group Duty's stock price is $9.96.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $16B | $21B | 0.2% | XXX | XXX | XXX | $0.25 |
Benchmark Trading Valuation Multiples by Industry
Sign up to access valuation multiples like growth-adjusted P/E, Rule of 40, next 12-month EV/Revenue, EBITDA multiples by industry, consensus analyst estimates and many more.
Start Free TrialChina Tourism Group Duty Valuation Multiples
China Tourism Group Duty trades at 2.1x EV/Revenue multiple, and 16.9x EV/EBITDA.
EV / Revenue (LTM)
China Tourism Group Duty Financial Valuation Multiples
As of April 17, 2026, China Tourism Group Duty has market cap of $21B and EV of $16B.
Equity research analysts estimate China Tourism Group Duty's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
China Tourism Group Duty has a P/E ratio of 34.8x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $21B | XXX | $21B | XXX | XXX | XXX |
| EV (current) | $16B | XXX | $16B | XXX | XXX | XXX |
| EV/Revenue | 2.1x | XXX | 2.1x | XXX | XXX | XXX |
| EV/EBITDA | 16.9x | XXX | 16.5x | XXX | XXX | XXX |
| EV/EBIT | 19.5x | XXX | 20.7x | XXX | XXX | XXX |
| EV/Gross Profit | 6.2x | XXX | 6.4x | XXX | XXX | XXX |
| P/E | 34.8x | XXX | 39.2x | XXX | XXX | XXX |
| EV/FCF | 20.8x | XXX | 23.5x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified China Tourism Group Duty Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.
China Tourism Group Duty Margins & Growth Rates
China Tourism Group Duty's revenue in the last 12 month grew by 11%.
China Tourism Group Duty's revenue per employee in the last FY averaged $0.5M, while opex per employee averaged $0.1M for the same period.
China Tourism Group Duty's rule of 40 is 23% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
China Tourism Group Duty's rule of X is 38% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
China Tourism Group Duty Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 11% | XXX | 10% | XXX | XXX | XXX |
| EBITDA Margin | 12% | XXX | 13% | XXX | XXX | XXX |
| EBITDA Growth | 25% | XXX | 16% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 23% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 38% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.5M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.1M | XXX | XXX | XXX |
| S&M Expenses to Revenue | 16% | XXX | 16% | XXX | XXX | XXX |
| G&A Expenses to Revenue | 4% | XXX | 4% | XXX | XXX | XXX |
| R&D Expenses to Revenue | 0% | XXX | 0% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 23% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
China Tourism Group Duty Public Comps
See public comps and valuation multiples for other Specialty Stores comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| China Tourism Group Duty | XXX | XXX | XXX | XXX | XXX | XXX |
| Burlington Stores | XXX | XXX | XXX | XXX | XXX | XXX |
| Dick's Sporting Goods | XXX | XXX | XXX | XXX | XXX | XXX |
| Williams Sonoma | XXX | XXX | XXX | XXX | XXX | XXX |
| Tractor Supply | XXX | XXX | XXX | XXX | XXX | XXX |
| Ulta Beauty | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
China Tourism Group Duty M&A Activity
China Tourism Group Duty acquired XXX companies to date.
Last acquisition by China Tourism Group Duty was on XXXXXXXX, XXXXX. China Tourism Group Duty acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by China Tourism Group Duty
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Get Verified M&A Valuation Multiples
Sign up to see revenue and EBITDA valuation multiples for 150K+ M&A deals.
Start Free TrialChina Tourism Group Duty Investment Activity
China Tourism Group Duty invested in XXX companies to date.
China Tourism Group Duty made its latest investment on XXXXXXXX, XXXXX. China Tourism Group Duty invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by China Tourism Group Duty
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAbout China Tourism Group Duty
| When was China Tourism Group Duty founded? | China Tourism Group Duty was founded in 2008. |
| Where is China Tourism Group Duty headquartered? | China Tourism Group Duty is headquartered in China. |
| How many employees does China Tourism Group Duty have? | As of today, China Tourism Group Duty has over 16K employees. |
| Is China Tourism Group Duty publicly listed? | Yes, China Tourism Group Duty is a public company listed on Shanghai Stock Exchange. |
| What is the stock symbol of China Tourism Group Duty? | China Tourism Group Duty trades under 601888 ticker. |
| When did China Tourism Group Duty go public? | China Tourism Group Duty went public in 2009. |
| Who are competitors of China Tourism Group Duty? | China Tourism Group Duty main competitors are Burlington Stores, Dick's Sporting Goods, Williams Sonoma, Tractor Supply. |
| What is the current market cap of China Tourism Group Duty? | China Tourism Group Duty's current market cap is $21B. |
| What is the current revenue of China Tourism Group Duty? | China Tourism Group Duty's last 12 months revenue is $8B. |
| What is the current revenue growth of China Tourism Group Duty? | China Tourism Group Duty revenue growth (NTM/LTM) is 11%. |
| What is the current EV/Revenue multiple of China Tourism Group Duty? | Current revenue multiple of China Tourism Group Duty is 2.1x. |
| Is China Tourism Group Duty profitable? | Yes, China Tourism Group Duty is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of China Tourism Group Duty? | China Tourism Group Duty's last 12 months EBITDA is $973M. |
| What is China Tourism Group Duty's EBITDA margin? | China Tourism Group Duty's last 12 months EBITDA margin is 12%. |
| What is the current EV/EBITDA multiple of China Tourism Group Duty? | Current EBITDA multiple of China Tourism Group Duty is 16.9x. |
| What is the current FCF of China Tourism Group Duty? | China Tourism Group Duty's last 12 months FCF is $793M. |
| What is China Tourism Group Duty's FCF margin? | China Tourism Group Duty's last 12 months FCF margin is 10%. |
| What is the current EV/FCF multiple of China Tourism Group Duty? | Current FCF multiple of China Tourism Group Duty is 20.8x. |
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.