Company Valuation: APCB Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 3,286 3,550 2,630 3,422 2,694 2,253
Change - 8.03% -25.9% 30.09% -21.26% -16.38%
Enterprise Value (EV) 1 4,599 4,935 2,620 3,014 1,252 1,019
Change - 7.31% -46.92% 15.05% -58.44% -18.67%
P/E -39.5x 14.9x 75.4x 63x 18.3x -16.3x
PBR 0.95x 0.99x 0.73x 0.96x 0.72x 0.68x
PEG - -0x -0.9x 1.1x 0x 0x
Capitalization / Revenue 0.4x 0.39x 0.38x 0.58x 0.53x 0.54x
EV / Revenue 0.55x 0.54x 0.38x 0.51x 0.25x 0.24x
EV / EBITDA 6.47x 5.51x 11.2x 10.2x -6.15x -5.1x
EV / EBIT 19.8x 10.4x -18.4x -43x -2.62x -2.81x
EV / FCF -55.9x -120x 2.13x 11.4x -18.7x -46.6x
FCF Yield -1.79% -0.83% 46.9% 8.76% -5.34% -2.14%
Dividend per Share 2 0.5 1.05 0.5 0.5 1 1
Rate of return 2.43% 4.73% 3.04% 2.34% 5.93% 6.97%
EPS 2 -0.5201 1.49 0.2181 0.3396 0.92 -0.8804
Distribution rate -96.1% 70.5% 229% 147% 109% -114%
Net sales 1 8,308 9,104 6,955 5,951 5,095 4,176
EBITDA 1 711.3 895.3 234.5 294.9 -203.7 -199.9
EBIT 1 232.3 476.4 -142.7 -70.05 -478.9 -363
Net income 1 -83.16 240.4 34.87 54.31 148 -138.8
Net Debt 1 1,313 1,385 -10.78 -408.1 -1,442 -1,234
Reference price 2 20.55 22.20 16.45 21.40 16.85 14.35
Nbr of stocks (in thousands) 159,899 159,899 159,899 159,899 159,899 156,994
Announcement Date 31/03/21 31/03/22 31/03/23 15/03/24 17/03/25 13/03/26
1TWD in Million2TWD
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 85.16M
56.31x8.91x45.24x1.42% 185B
73.86x10.9x20.93x-.--% 116B
70.17x - - 0.14% 70.67B
9601x91.04x2890.14x - 51.06B
51.44x10.5x39.05x0.9% 56.53B
60.46x8.34x33.31x0.69% 47.68B
50.15x8.3x33.98x0.87% 37.95B
29.46x7.94x22.2x1.15% 38.98B
41.41x9.47x30.77x0.49% 39B
Average 1,114.92x 19.43x 389.45x 0.71% 64.37B
Weighted average by Cap. 815.27x 16.68x 288.96x 0.77%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA