Company Valuation: WT Microelectronics Co., Ltd.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 58,631 53,984 99,821 122,806 153,827 249,670 - -
Change - -7.93% 84.91% 23.03% 25.26% 62.31% - -
Enterprise Value (EV) 1 58,631 105,777 109,890 181,857 174,939 293,409 308,771 197,667
Change - 80.41% 3.89% 65.49% -3.8% 67.72% 5.24% -35.98%
P/E 7.54x 7.1x 26.5x 13.7x 11.9x 7.17x 6.41x -
PBR - 1x 1.4x 1.19x 1.47x 1.73x 1.54x 1.43x
PEG - -0.6x -0.5x 0.2x 0.3x 0x 0.5x -
Capitalization / Revenue - 0.09x 0.17x 0.13x 0.13x 0.11x 0.08x 0.06x
EV / Revenue - 0.19x 0.18x 0.19x 0.15x 0.13x 0.1x 0.05x
EV / EBITDA - 8.66x 12.6x 10.9x 7.73x 5.56x 5.36x 2.72x
EV / EBIT - 8.98x 13.4x 11.9x 8.38x 5.79x 5.39x 2.77x
EV / FCF - -16.7x 2.69x 4.31x 11x 16.3x 19.7x -
FCF Yield - -6% 37.1% 23.2% 9.11% 6.12% 5.07% -
Dividend per Share 2 - - 4.24 - 15.3 13.03 19.13 20.72
Rate of return - - 3.77% - 11.2% 6.63% 9.73% 10.5%
EPS 2 9.75 8.61 4.24 8.05 11.5 27.4 30.65 -
Distribution rate - - 100% - 133% 47.6% 62.4% -
Net sales 1 - 571,197 594,519 959,432 1,177,949 2,304,634 3,089,099 4,147,018
EBITDA 1 - 12,221 8,756 16,671 22,637 52,740 57,593 72,695
EBIT 1 - 11,783 8,200 15,264 20,882 50,715 57,274 71,463
Net income 1 7,923 7,631 4,012 9,112 13,544 36,123 39,834 -
Net Debt 1 - 51,793 10,068 59,051 21,112 43,739 59,101 -52,003
Reference price 2 73.50 61.10 112.50 110.00 137.00 196.50 196.50 196.50
Nbr of stocks (in thousands) 797,707 883,530 887,302 1,116,417 1,122,825 1,270,587 - -
Announcement Date 24/02/22 23/02/23 31/01/24 25/02/25 03/03/26 - - -
1TWD in Million2TWD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
7.25x0.13x5.61x6.56% 7.91B
31.5x3.22x18.28x0.54% 15.79B
10.11x - - -.--% 10.31B
5.91x0.19x5.65x8.18% 5.79B
14.48x - - 2.91% 3.85B
Average 13.85x 1.18x 9.85x 3.64% 8.73B
Weighted average by Cap. 17.16x 1.79x 12.40x 2.72%

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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