Company Valuation: Inventec Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 89,508 94,171 189,419 179,733 153,903 230,675 - -
Change - 5.21% 101.14% -5.11% -14.37% 49.88% - -
Enterprise Value (EV) 1 118,464 113,417 207,872 223,170 188,123 284,026 289,518 293,838
Change - -4.26% 83.28% 7.36% -15.7% 50.98% 1.93% 1.49%
P/E 13.8x 15.4x 31.1x 24.7x 17.7x 17.4x 14.6x 12.8x
PBR 1.57x 1.58x 3.12x 2.52x 2.02x 3.03x 2.71x 2.63x
PEG - -2.53x - 1.3x 0.9x 0.3x 0.8x 0.9x
Capitalization / Revenue 0.17x 0.17x 0.37x 0.28x 0.22x 0.23x 0.2x 0.18x
EV / Revenue 0.23x 0.21x 0.4x 0.35x 0.27x 0.29x 0.25x 0.23x
EV / EBITDA 14.8x 11.9x 18.9x 14.1x 10.9x 12.4x 9.87x 8.9x
EV / EBIT 25.1x 17x 27.9x 18.9x 14.8x 16.1x 12.4x 11.3x
EV / FCF -7.72x 6.57x 31.3x -17.7x 38.2x -6.21x -44.4x -55.8x
FCF Yield -12.9% 15.2% 3.2% -5.65% 2.62% -16.1% -2.25% -1.79%
Dividend per Share 2 1.4 1.5 1.5 1.7 2 2.618 3.304 3.509
Rate of return 5.61% 5.71% 2.84% 3.39% 4.66% 4.07% 5.14% 5.46%
EPS 2 1.81 1.7 1.7 2.03 2.42 3.694 4.412 5.03
Distribution rate 77.3% 88.2% 88.2% 83.7% 82.6% 70.9% 74.9% 69.8%
Net sales 1 519,732 541,751 514,746 646,262 691,190 993,404 1,172,507 1,287,087
EBITDA 1 7,987 9,570 10,975 15,825 17,216 22,985 29,346 33,003
EBIT 1 4,725 6,669 7,463 11,817 12,713 17,597 23,333 26,089
Net income 1 6,538 6,129 6,131 7,267 8,696 13,239 15,816 18,043
Net Debt 1 28,957 19,246 18,453 43,438 34,220 53,351 58,844 63,164
Reference price 2 24.95 26.25 52.80 50.10 42.90 64.30 64.30 64.30
Nbr of stocks (in thousands) 3,587,475 3,587,475 3,587,475 3,587,475 3,587,475 3,587,475 - -
Announcement Date 15/03/22 14/03/23 12/03/24 11/03/25 10/03/26 - - -
1TWD in Million2TWD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
17.33x0.28x12.31x4.09% 7.28B
12.41x0.37x10.7x5.95% 40.11B
33.74x5.43x26.54x2.1% 18.1B
18.07x0.2x9.42x3.46% 5.4B
17.15x0.32x9.83x4.25% 2.96B
12.3x1.33x6.95x6.44% 2.23B
Average 18.50x 1.32x 12.63x 4.38% 12.68B
Weighted average by Cap. 18.54x 1.58x 14.39x 4.63%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

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