Company Valuation: Pegatron Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 184,437 169,395 232,597 244,747 183,999 226,365 - -
Change - -8.16% 37.31% 5.22% -24.82% 23.02% - -
Enterprise Value (EV) 1 178,626 169,395 188,017 161,467 118,277 163,066 158,394 152,147
Change - -5.17% 10.99% -14.12% -26.75% 37.87% -2.87% -3.94%
P/E 9.07x 11.3x 14.8x 14.5x 12.7x 15.5x 13.1x 12.2x
PBR 1.11x - 1.23x 1.18x 0.88x 1.07x 1.03x 0.97x
PEG - -0.4x 2.76x 1.94x -0.8x 19.35x 0.7x 1.68x
Capitalization / Revenue 0.15x 0.13x 0.19x 0.22x 0.16x 0.19x 0.16x 0.15x
EV / Revenue 0.14x 0.13x 0.15x 0.14x 0.11x 0.14x 0.11x 0.1x
EV / EBITDA 5.86x 4.21x 6.25x 5.73x 4.49x 5.3x 4.11x 3.39x
EV / EBIT 10.6x 6.67x 12.7x 12.9x 10.2x 10x 6.83x 5.83x
EV / FCF 5.46x - 2.67x 4.67x -95.1x 5.94x 6.45x -5.64x
FCF Yield 18.3% - 37.4% 21.4% -1.05% 16.8% 15.5% -17.7%
Dividend per Share 2 4.5 - 4 4.5 - 4.213 4.402 4.756
Rate of return 6.51% - 4.58% 4.9% - 4.99% 5.22% 5.63%
EPS 2 7.62 5.6 5.9 6.34 5.39 5.433 6.435 6.902
Distribution rate 59.1% - 67.8% 71% - 77.5% 68.4% 68.9%
Net sales 1 1,263,720 1,317,599 1,256,783 1,125,349 1,117,160 1,177,733 1,384,700 1,537,687
EBITDA 1 30,505 40,194 30,083 28,202 26,338 30,741 38,518 44,838
EBIT 1 16,854 25,385 14,753 12,501 11,609 16,303 23,181 26,104
Net income 1 20,546 15,096 15,713 16,877 14,403 14,654 17,635 19,186
Net Debt 1 -5,811 - -44,581 -83,280 -65,721 -63,298 -67,970 -74,217
Reference price 2 69.10 63.50 87.30 91.90 68.60 84.40 84.40 84.40
Nbr of stocks (in thousands) 2,669,132 2,667,634 2,664,346 2,663,188 2,682,200 2,682,044 - -
Announcement Date 10/03/22 16/03/23 15/03/24 13/03/25 11/03/26 - - -
1TWD in Million2TWD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
15.53x0.14x5.3x4.99% 7.01B
23.8x1.63x15.14x0.61% 262B
65.03x16.28x44.28x0.34% 194B
21.38x1.73x9.08x1.18% 63.43B
16.14x0.34x6.38x2% 37.74B
24.02x3.88x14.69x1.37% 28.18B
12.04x0.52x6.39x4.4% 24.94B
36.56x19.68x26.82x1.42% 23.17B
16.1x0.3x8.94x0.75% 20.45B
14.63x0.58x11.48x4.84% 18.63B
Average 24.52x 4.51x 14.85x 2.19% 67.98B
Weighted average by Cap. 34.38x 6.34x 22.09x 1.03%

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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