Company Valuation: Radiant Opto-Electronics Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027
Market Cap 1 46,968 48,828 61,849 91,378 57,070 32,136 -
Change - 3.96% 26.67% 47.74% -37.55% -43.69% -
Enterprise Value (EV) 1 34,503 20,795 32,815 62,804 33,559 10,578 32,136
Change - -39.73% 57.8% 91.39% -46.57% -68.48% 203.79%
P/E 9.17x 7.41x 11.7x 12.6x 13.2x 10.6x 9.42x
PBR 1.53x 1.44x 1.8x 2.42x 1.59x 0.85x -
PEG - 0.3x -0.6x 0.3x -0.3x -0.4x 0.7x
Capitalization / Revenue 0.83x 0.83x 1.4x 1.77x 1.17x 0.67x 0.72x
EV / Revenue 0.61x 0.35x 0.74x 1.22x 0.69x 0.22x 0.72x
EV / EBITDA 4.18x 2.34x 5.06x 8.31x 4.7x 1.72x 5.02x
EV / EBIT 4.56x 2.53x 5.74x 9.35x 5.72x 2.21x 6.84x
EV / FCF 4.53x 2x 6.28x 12x 11.1x 3.95x -
FCF Yield 22.1% 50.1% 15.9% 8.3% 8.98% 25.3% -
Dividend per Share 2 10.67 - 13.33 14 4.667 3.467 3.733
Rate of return 7.92% - 7.52% 5.34% 2.82% 3.72% 4.01%
EPS 2 14.68 18.89 15.13 20.84 12.53 8.76 9.88
Distribution rate 72.7% - 88.1% 67.2% 37.2% 39.6% 37.8%
Net sales 1 56,924 58,701 44,089 51,633 48,783 48,027 44,462
EBITDA 1 8,262 8,901 6,483 7,559 7,139 6,146 6,399
EBIT 1 7,563 8,226 5,722 6,719 5,871 4,783 4,700
Net income 1 5,190 6,727 5,276 7,267 4,343 3,042 3,446
Net Debt 1 -12,465 -28,033 -29,034 -28,574 -23,511 -21,558 -
Reference price 2 134.67 140.00 177.33 262.00 165.33 93.10 93.10
Nbr of stocks (in thousands) 348,771 348,771 348,771 348,771 345,182 345,182 -
Announcement Date 24/02/22 23/02/23 29/02/24 27/02/25 26/02/26 - -
1TWD in Million2TWD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
10.63x0.22x1.72x3.72% 1.01B
35.62x12.7x23.2x0.77% 126B
47.05x7.82x34.1x1.7% 52.58B
26.85x1.25x14.27x-.--% 40.82B
23.81x2.01x9.68x1.29% 36.93B
30.63x2.15x14.91x1.54% 29.42B
29.76x4.53x18.07x-.--% 28.83B
11.19x6.22x17.35x1.35% 28.13B
31.58x4.85x19.37x0.73% 18.6B
23.94x3.06x12.81x-.--% 16.86B
Average 27.11x 4.48x 16.55x 1.11% 37.9B
Weighted average by Cap. 31.68x 6.98x 20.26x 0.88%

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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